Home insurance is one of those things that most of us have, but few of us really understand. We know we need it to protect our homes, but beyond that, there is a lot about home insurance that remains a mystery. Amy Tounget Insurance Agency LLC in Midlothian, TX provides you with the following guide.
Here are five things you may not have known about your home insurance policy:
1. It Does Not Cover Flooding
Despite floods being one of the most common natural disasters in the United States, most home insurance policies do not cover flood damage. But that does not mean you should not be prepared. You can purchase flood coverage as a separate policy or as an endorsement to your existing home insurance policy.
2. It Covers More Than Just the Structure of Your Home
While many people think of home insurance as only covering the physical structure of their home, it actually covers much more. Most policies also cover your personal belongings and any damage that may occur to other structures on your property, such as a shed or fence.
3. You May Need Extra Coverage for Certain Items
While home insurance covers a lot, there are some items that may require additional coverage. For example, if you have valuable jewelry or art, you will likely need to purchase a rider to your policy to have them fully covered.
4. Installing Certain Home Safety Features Can Help
Most insurance companies offer discounts for homes that have certain safety features, such as burglar alarms and fire sprinklers. So, if you are looking to save money on your home insurance premium, installing some extra safety features may be a good idea.
5. It’s Important to Review Your Policy Regularly
Your needs can change over time, and as such, it is important to regularly review your home insurance policy. Ensure that you are still getting the coverage you need and that any additions or changes to your home are reflected in your policy.
If you’re looking for comprehensive home insurance in Midlothian, TX, Amy Tounget Insurance Agency LLC can help. We can work with you to find a policy that meets your needs and gives you the coverage you need. Contact us today to get started.
