Beaumont/Port Arthur, Texas Homeowners Insurance


Protect Your Home and Everything in it with Homeowners Insurance

If you are a home owner, then you need to protect your property. Your mortgage lender will require it and you will sleep better at night, knowing your possessions are protected. Homeowners insurance provides that protection that you need. F.B. Taylor Insurance in Nederland, TX helps you understand all aspects of your coverage and brings you excellent client service. Whether it's a busted water pipe or an out-of-control kitchen fire, F. B Taylor will be there to help you with all the necessary repairs.

Homeowners Insurance Explained:

There are many parts to any homeowners insurance policy, but the four main coverage components are:

Building. Coverage usually includes unattached structures such as garages, sheds, retaining walls, fences and more. It insures against most perils that could cause damage to your home, including fire, lightning, explosions, theft, vandalism, smoke, snow, ice, water overflow, vehicle crash, falling objects and others. Common exclusions are flood and earthquake, which may mean you need to add coverage, depending on your location.

Contents. Your personal property and contents of the home are protected from the same perils as the building. The total value of your belongings is determined as a percentage of the home's structure coverage, which means if you own many valuables, you will likely need additional coverage for the contents of your home.

Liability. Coverage will compensate for medical costs and legal expenses associated with damages or injuries to others caused by you or family members on your property or away from home, up to a certain limit. Liability coverage is what protects you when your dog or other covered animal bites a neighbor.

Temporary Living Expenses. If your home is damaged, this will cover your housing, meals, car storage and other expenses while your home is repaired or rebuilt. It usually pays up to a certain percentage of the total amount your home is insured for.

Types of Home Insurance Coverage:

When you purchase insurance to protect your home and contents, you can choose from three types of coverage:

Actual cash value: Covers the value of your home plus your personal property after depreciation. You won't be reimbursed for what you spent on your possessions, in other words, but rather for what they are worth before you need to file a claim.
Replacement cost: Covers actual value of your home and contents without factoring depreciation. It may be more expensive than Actual Cash Value but it guarantees you can repair or rebuild your home and replace everything you've lost, no matter the age or condition.
Extended replacement: Coverage provides protection against inflation by insuring your home will be rebuilt or repaired, no matter what the cost.

How Much Does Homeowners Insurance Cost?

F.B. Taylor has no standard price for their homeowners insurance policies offered, but pricing will be determined by each client's needs. Different factors that may influence the cost of your homeowners insurance policies are listed below.

Ways to Lower Homeowners Insurance Premiums:

Homeowners insurance may be required, but paying more than you need to for coverage is not.

Here are some things you can do to save money on your premiums: