Integra Insurance Services of the Huntington, TX area can provide the homeowners’ insurance you need to protect your home.
Homeowners insurance is vital because it protects your home and personal belongings. In the event of a total loss, this policy would be the primary source of the funds needed to rebuild. It also provides liability coverage in the event of a lawsuit against the homeowner if someone is hurt on their property.
For most people, our home is the largest single investment we will ever make. Homeowners insurance protects the equity in the property. Equity is the property’s value over and above the mortgage amount still owing. As renovations to the home are made, the equity goes up.
Even if your home is free and clear of any mortgage, you still want to have this insurance. If you are sued for any reason, the equity in your home could be lost to another. Keeping this policy in good standing is a way to cover the costs of repairing or replacing your home and its contents.
Homeowners insurance is not a requirement in many states. But most mortgage companies and banks insist you carry insurance. Why? This insurance policy will protect the lender’s interest in the property if the house is destroyed or damaged. Lenders want the property owner to have enough insurance to cover the amount of the mortgage.
But there are a few things homeowners insurance usually will not cover. Valuable artwork, jewelry, collectibles, damage caused by flooding or an earthquake, or identity theft are not covered.
If you live in the Huntington, TX area, contact the professionals at Integra Insurance Services for a no-obligation quote or answers to any questions you may have. You will be glad you did.
Like most Huntington, TX drivers, you chose what you thought was the best option when you first signed up for your policy. But things change about a person’s life, and that person’s auto insurance policies should change. Here are some signs it’s time to talk to an Integra Insurance Services agent about an upgrade.
1. You’ve moved recently
Laws, requirements, and regulations vary from one state to another. So if you haven’t revisited your policy since moving to Texas, it’s time to do so. You should do the same if you’ve recently moved from a small town to a big city or vice versa.
2. Your credit score has improved
Many states allow insurance policies to consider a potential policyholder’s credit score when quoting rates, and Texas is one of them. So if you’ve been working hard to improve your credit rating lately, you’ll likely qualify for a better rate on a more comprehensive plan.
3. There are more drivers in your household
Are you recently married, or have any of the children in your household reached driving age? Naturally, you’ll want to think about adding them to your auto insurance policy, and that’s a great time to consider whether your current policy is still the best fit for you.
4. You’ve had your policy for years
Insurance policies are up for renewal every year, but many people never stop to consider whether it might not be better to switch policies instead of blindly renewing. If you’ve had the same policy for many years, you owe it to yourself to make sure it’s still your best option.
Whether you’re looking to upgrade an existing policy, have just moved to Huntington, TX, and need to switch your policy, or want to know your options, Integra Insurance Services is here to help. Get in touch today to learn more!