What does standard homeowners policy mean?

Researching home insurance, you probably came across a few references to a standard homeowners policy. Integra Insurance Services serving Huntington, TX gets a lot of questions about insurance, but one of the most frequent is “What does standard homeowners’ policy mean?”

The insurance industry provides eight levels of coverage for homeowners’ insurance, from dwelling insurance (H0-1) to historical home insurance (HO-8). The insurance industry refers to HO-3 as standard home insurance. It covers the structure of the home under open peril coverage, also called all-peril coverage.

Although many insurance agencies refer to condo insurance as its own type of policy, it actually falls into the category of home insurance, as an HO-6 policy. That policy protects only your condominium interior and personal property, plus provides liability coverage, medical payments, additional living expenses, and loss assessment. Although you read the term renters’ insurance, this, too, is a type of home insurance. An HO-4 insurance policy provides coverage for your rental unit, personal property, liability, and additional living expenses.

Sometimes, you can’t obtain a standard HO-3 policy for your home. If you have made many claims on your prior home insurance policy, you may only qualify for an HO-1 insurance policy. It only covers 10 named perils. Also called dwelling insurance, it only covers the physical structures on your property. Older homes with historic or architectural significance combine dwelling insurance level coverage with liability and personal property coverage plus medical payments and additional living expenses coverage.

Sometimes, you don’t want the coverage of HO-3 and we have options for that. HO-2 insurance lets you skip liability insurance and protect the home and your personal property against major named perils. If you only want to cover the structure and your personal property, you can choose an HO-5 policy.

Call Integra Insurance Services serving Huntington, TX, today to discuss your home insurance. Let us help you choose the home insurance policy to protect your largest financial investment – your home.

4 Overlooked Home Insurance Facts

Integra Insurance Services provides coverage to the Huntington, TX community and the surrounding areas. Life is often full of unpredictability. We strive to help our clients find the necessary coverage to protect them when adversity arises. We have working relationships with various carriers throughout the South. Providing great customer service is important to us.

Overlooked Home Insurance Facts

Home insurance gives you peace of mind if something happened to your Huntington TX property. The policy protects your home against potential structural damage. You are covered if your home is damaged due to a fire or natural disaster, such as a tornado. All of your personal items are covered if you are a victim of theft. If you have multiple luxury possessions inside your home, you’ll need to amend your policy in order to fully cover those items if something happens to them. Liability coverage protects you if you accidentally damage your neighbor’s property or a guest is injured while visiting your home. While you are researching coverage, consider these overlooked home insurance facts.

Home Insurance Covers Your Pets

Home insurance covers you if your pet injures someone on your property. The liability coverage steps in to take care of the injured party’s medical treatment.

Falling Objects

Home insurance covers any damage to your home due to a falling object. As a Huntington, TX resident, you are aware that severe weather could move through the area at any moment. If a storm causes a large tree branch to cause damage, you are covered.

Alternative Living Coverage

Home insurance covers you if your property suffers serious damage, and you have to stay somewhere else until the repairs are finished.

Connected Structures

Home insurance covers any damage to a connected structure such as a garage or fence.

Why Home Insurance is a Good Idea in Texas

Buying a home in the great state of Texas is an achievement like no other. Settling down in the Lone Star State is something many people only dream about – and you’ve done it! 

Now that you own a home, you’ve got to insure it properly with the right coverage for your family and your needs. 

Why Insurance for My Home?

Rules and regulations aside, home insurance provides the peace of mind that even a cushioned bank account can’t. Home insurance takes care of you in the event that something bad happens, be that a natural disaster, fire, theft, vandalism, or anything in between. Money runs out, but your insurance policy won’t if you have the right coverage. 

Residents of Huntington, TX should do their due diligence and look into their current policies and see what is missing or needs to be updated. Integra Insurance Services is happy to evaluate your plan and help you shop for a better policy with more thorough coverage. We are living in difficult times, and you don’t want to put yourself in the line of potential financial hardship by failing to properly insure your home. 

From protecting your personal belongings to your valuables within the home, to the structures on your property like a shed or pool, to liability coverage that saves you if someone gets injured on your property. These are just a few of the coverage options that a quality home insurance policy offers, and you should prioritize investing in one if you haven’t already. 

If you live in Huntington, TX and are in the market for a better home insurance plan, Integra Insurance Services is here for you. Don’t hesitate to reach out to us and we’ll take care of you. 

How to Get the Best out of Your Home Insurance Policy

Whether it’s shopping, healthcare, education, or insurance, when you pay money, you expect value for it. And now that you pay your home insurance every year, how can you get the best out of your home insurance plan? Harnessing the power of your homeowner’s insurance policy ensures that it’s worth every penny. Besides, it helps you steer clear of surprises when filing a claim.

Ready to get the best out of your home insurance in Huntington, TX? Here is what Integra Insurance Services has to say.

Understand your insurance needs

Before buying or renewing your insurance, understand your risk profile. This way, you will avoid purchasing excess coverages that you don’t need. Plus, it becomes easier when explaining to your insurer the coverages you need in your home insurance policy.

Understand your policy

Your policy document is the bible of your insurance plan. As such, you need to understand every clause. Get to know what’s covered and what risks are excluded from your policy. This gives you clarity in case you need to add endorsements to boost your home insurance plan.

Update your policy regularly

If you buy and keep renewing your home insurance policy without updating it, the chances are that your current insurance needs aren’t taken care of. We advise our clients to review their insurance policy every year, but if the following happens before a year lapses, inform your insurance agent:

• You add a pet that can cause injury, for example, certain breeds of dogs.

• You start a home-based business.

• You undertake significant renovations.

• You include amenities like a swimming pool that can cause injury.

Choose a reliable insurance agent

Picking a partner that you can trust is essential. A knowledgeable and trustworthy agent assesses your insurance needs and advises you on coverages to purchase. They also help you take advantage of the best deals in the market.

Looking for a dependable insurance agent in Huntington, TX? Look no further than Integra Insurance Services for all your home insurance needs.

How Much Home Insurance Should I Have?

When you invest in a home, for many people it is the largest investment they ever make. Protecting that investment requires having the right home insurance. How much home insurance you should have is determined by several factors. At Integra Insurance Services in Huntington, TX our passion lies in serving and protecting our clients from many things that can affect their financial stability. We aim to create a long-term relationship by giving you the customer service you deserve. 

If you have a mortgage your lender will require you to have liability and building coverage, these may be very minimum requirements.  The sad fact is that 60% of homeowners are underinsured by as much as 20%. 20% may not sound like much but when you think hundreds of thousands of dollars; it is a lot of money. If you file a claim and your limit is too low, you won’t get enough to replace what needs replacing. You need:

  • Enough money to rebuild your house
  • Replace your stuff
  • Cover damage or injuries that happen on your property
  • Pay your living expenses if you can’t stay at home

The rebuilding cost of your home is just that, not the value of your home. These two figures are not the same, and you don’t want to have to settle for less than you already have. You need to know your square footage and the average building cost per square foot in your area. 

Do any inventory to get a better idea of how much stuff you have and how much it will take to replace it. Keep in mind your policy limit on certain items like jewelry and electronics. 

With liability coverage, get as much as you can afford. 

Additional living expenses should be between 10%-30% of your property coverage. 

In Huntington, TX, contact Integra Insurance Services for all your home insurance needs. 

Protect your Texas home with a comprehensive home insurance policy

Homeowners in the Huntington, TX community turn to Integra Insurance Services for all of their insurance needs. If you are an area resident who is unsure if their home policy provides the comprehensive coverage you desire, we can help! Keeping one’s house insurance policy up-to-date is an important part of homeownership, and as such, policies should be reviewed on a regular basis.

Is it time for a more comprehensive home insurance policy?

Many homeowners review all of the policy options available to them when they first purchase their house. But, as time goes on, it is common for residents to simply renew the same policy year after year. Because of this, some people may find that their home policy has not kept up with their coverage needs. Don’t let this happen to you! 

House insurance policies may not need dramatic changes, but it is a good idea to perform a policy review on a regular basis. There are many features and benefits that may now be appropriate for your current needs that you may not have considered. A comprehensive policy picks up where your basic one lets off and increases the level of protection for your family home. With a comprehensive policy that meets your current coverage levels, you can rest easy that you and your family have the protection you need. 

Regular policy reviews can help to identify any gaps or shortfalls in coverage before they become a problem. Why not upgrade your policy today?

Rely on Integra Insurance Services

Huntington, TX residents turn to our knowledgeable and helpful agents for all of their home insurance needs. If it’s time for you to upgrade your current policy to one that provides more comprehensive coverage, give us a call today!

Tips for getting your home ready for winter

Your home is a major investment and making sure it is always protected from as many things that can go wrong as possible is important. There are many ways you can protect your home. Doing the necessary maintenance is one and having a good home insurance policy is another. How can you tell if you have a good home insurance policy? If you live in Huntington, TX, you can talk to the knowledgeable team at Integra Insurance Services. They will provide the information you need to make an informed decision and welcome you into the Integra family. 

Check the chimney

If you have a fireplace and you want to use it, you must make sure that not only is your chimney in good repair but that it is clean. Having a chimney fire can cause a lot of damage and it is easily avoidable with proper maintenance. 

Clean the gutters

One of the hallmarks of Fall is the beautifully colored leaves. Those same leaves end up falling on to your roof and eventually end up in your gutters and downspouts. This is not a good thing and can lead to water backing up and causing damage to not only your roof but potentially your walls and ceilings.  

Change the batteries

This is the time of year to change the batteries in your smoke and carbon dioxide detectors. They should be changed twice a year to provide safety. 

Tune-up the furnace

Having your furnace working at maximum efficiency saves you money and provides a safe home for your family. This involves cleaning  the main unit and changing the filters

At  Integra Insurance Services in Huntington, TX, we look forward to working with you to make sure you have the right home insurance. As independent agents, we can provide more choices and we will give you a quality home insurance quote at our office, on the phone, or online. 

Can home insurance protect me and my property?

Those that live in the Huntington, TX area are going to have a lot of big decisions to make. One important decision to take seriously will come when you decide whether or not to purchase your next home. This area of Texas offers many great benefits to property owners. If you are going to purchase a property here, it would be a good idea to get home insurance. A quality home insurance policy can protect you and your asset in several different ways.

Insurance Gives Liability Protection

One advantage of home insurance is that it can give you liability protection. Anyone that owns a property should spend time thinking about their personal liability risk. Since there is always a small chance that you could be at fault in an accident, you will want a full home insurance policy as it can give you beneficial liability protection to meet your needs. 

Insurance Protects Assets

Another advantage of this insurance is that it can protect your assets. A home insurance plan will first give you coverage to repair or replace your home following a fire or other form of accident. Additionally, you can receive coverage that will protect your personal assets, which could include your furniture, clothing, or even personal electronics. 

If you are going to get a home insurance policy in the Huntington, TX area, it would be a good idea to get the guidance and support that you need to make a wise decision. For those that are in this area, speaking with the team at Integra Insurance Services would be a great option. If you do reach out to Integra Insurance Services, you can ask any questions that you have and get help to pick the right policy to meet your needs. 

Home Insurance Add Ons To Consider

When it comes to your home insurance policy, it probably came packaged with your mortgage. Maybe your real estate agent helped you select it or you picked it out during the purchase process. Whenever you obtained your mortgage there is a good chance that you didn’t spend as much time with selecting it as needed. After all, you were just moving in and didn’t know all the ins and outs of your home. Well, now that you’ve spent some time in your home it is a good idea to adjust your home insurance policy. At Integra Insurance Services we can help you specifically with that. So if you live in Huntington, TX, we want to lend a helping hand. 

Flood Insurance

Protect your property from flooding, such as following a major storm, a burst pipe, or from putting out a fire, with flood insurance. 

Landscaping Insurance

Did you put up new constructions on your property? Want to protect a tool shed you had installed. Perhaps you have a swimming pool or other additions on the outside of your property? Well, you can insure these areas of your home so, in the event of damage, you won’t be forced to repair or replace these items fully out of pocket. 

Window Insurance

Have large windows that are in harm’s way? Protect them with window insurance. 

Consider Your Home Insurance Policy Options

There are plenty of home insurance policy options to choose from. It’s simply up to you to know what your home needs. From additional flood insurance to protect the swimming pool and gazebo you had installed, there are all kinds of home insurance policy options you’ll want to look over. And if you live around the Huntington, TX area our staff here at Integra Insurance Services is here to help every step of the way. 

Home features that require additional coverage under a homeowners policy

Most homeowners in the Huntington, TX area know that one must maintain a homeowners’ insurance policy. However, some fail to realize that some features in a home are not automatically covered or are included on a limited basis. An agent at the Integra Insurance Services can walk through the features of your home to determine if you will require additional coverage under your homeowners’ policy. 

Houses with oil heating 

If you have an older home and it uses oil to heat the house, you will need to add additional coverage. Oil is highly flammable, so extra coverage under your policy will provide additional protection. 

Swimming pools

It is imperative to understand the coverage provided under your home insurance policies for swimming pools. Claims related to pool injuries or death can be extremely high. If your policy limits or excludes this coverage, it is imperative that you add the coverage to your policy. 

Fine Art 

While you may consider fine art personal property, there is a good chance your limit on your homeowners’ insurance policy will not be enough in the event of a claim. It is critical to know the value of the fine art you would like to insure and purchase additional limits. If you have an extensive collection of fine art, you may want to consider a separate fine art policy. 

Computer coverage 

Do you have a media room in your home filled with computers and expensive electronic equipment? If so, you will want to make sure you are purchasing additional limits to cover the computers and electronic equipment. 

Home Business coverage 

If you work from home, you should speak to your agent about adding on coverage for your home-based business. A homeowners’ policy will not automatically cover the equipment used for the business of any liability claims if a third party is injured at your home office. 

If you would like to discuss adding additional coverage to your homeowners’ insurance policy, reach out to an agent at Integra Insurance Services today. We proudly serve the Huntington, TX area.