It’d be nice to think that getting a standard homeowners’ insurance would simply protect you from everything all in one policy, but the reality is very different. Additional policies will cost you extra, but also offer you extra protection. Since even minor repairs or replacements tend to rack up huge bills, this is a very good thing. One of the extra policies you’ll want to have in place living in Texas, which is important to understand properly, is wind insurance. Actually, depending upon what area you live in, you are required to have it.
Indeed there is significant joy and freedom in owning the place you call home, but with great freedom comes great responsibility. I see people who are so enraptured in the excitement of coming close to that dream purchase that they often let important details fall to the wayside. Keep the joy in your journey by discussing these things with your insurance agent first.
So what exactly are these 4 methods to manage your risk and what are they good for?
This is a repeated theme in the home buyer’s thoughts. As people discover what a great community Clear Lake is to raise a family and want to move here, understanding your insurance risk is an important factor. We are a coastal community. Yes, we have the typical risk factors of fire and theft but windstorm and hail are high on the list of probability. Thankfully there are several methods to manage the risk if you shop early and work with a local professional who understands the area.