Common Home Insurance Facts To Remember While Researching Coverage

FB Taylor offers insurance coverage to the Nederland, TX community, as well as the surrounding areas. We offer our clients custom policies to help them manage risks. We have partnerships with over 30 different carriers. We are proud to serve as an independent insurance agency.

Common Home Insurance Facts To Remember

Your Nederland, TX home is one of your most prized possessions. Home insurance allows you to protect one of your most important assets fully. Here is a look at some common home insurance facts to remember while researching coverage.

Personal Items

Home insurance covers your personal items if they are stolen. However, if you have luxury items inside your home, you’ll have to add extra coverage to protect those items if something happens fully. Consider taking inventory of your personal items so that you’ll be aware of their true value if something is stolen or damaged.

Liability Coverage

Liability coverage is a significant part of your home insurance policy. You are covered if one of your guests gets injured while they are visiting your home. If you have any pets, the liability coverage also protects your pets if they bite someone or damage your neighbor’s property.

Structural Coverage

Home insurance covers any structural damage to the interior and exterior of your home. You are fully covered if your home catches fire or severe Texas weather impacts your home. You can add temporary lodging coverage to your policy if your home needs to be repaired. This gives you peace of mind that you’re protected while you find a temporary place to stay until your home is restored.

FB Taylor Will Help You Protect Your Assets

Visit our website to learn more information about home insurance.  

When should you review your home insurance coverage

When you purchase a home and have a mortgage, you are required to have home insurance. After that, your policy renews every year without you having to do anything. Most policies will increase coverage to keep up with home prices in your area but is that enough? Probably not. You should be sitting down or talking on the phone with your insurance agent to discuss your overage and if it is still right for you. At FB Taylor in Nederland, TX, we are a locally-owned and operated independent insurance agency. 

Basically, your insurance makes sure that you have enough coverage to pay off your mortgage, but there is more to your coverage than that. Your home insurance needs do not stay the same throughout your life and the life of your home. You should review your policy every year and more often than that if there are major changes. 

Major repairs

When you make a major repair to your home, it is time for a review. Has the value of your home increased significantly? Some repairs make a real difference in your home value. 

  • New kitchen
  • Updated bathroom
  • Finish basement
  • Home addition
  • New windows or siding
  • Add deck or porch
  • An additional room

If you replace your roof or add a security system, this is also something to discuss with your agent as they may get you a discount. 

Add a pool or get a dog.

These may sound like two things that have nothing in common, but the reality is they do. They raise the liability level of your home, and you should discuss this with your insurance agent.

Expensive gift

If you get an expensive piece of jewelry as a gift or buy it yourself, you would discuss it with your agent. You may have to get a rider or certainly increase the amount of insurance on your content. 

Many things can affect your home insurance, and it makes good sense to review it every year or more often. At FB Taylor in Nederland, TX, we make your home insurance our business, and we will offer to do a yearly review. Please stop by our office or give us a call to make an appointment for a review. 

Will Home Insurance Cover Pest Control?

Nederland, TX gets its share of pests during certain months, but, unfortunately, home insurance generally won’t cover the costs associated with getting rid of them, or repairing the damages.

This comes down to a couple of simple reasons:

  • Pest control is a matter of home maintenance. Your home insurance doesn’t cover cleaning supplies or replacement A/C filters, so it probably doesn’t cover pest control, either.
  • Generally speaking, pest control isn’t worth filing a claim over. Unless you have a termite infestation that you allow to get out of hand, controlling and correcting a pest situation is probably going to cost you less than the deductible you would pay to have your home insurance company take care of it.

The truth is that if more home insurers offered coverage for pest control and damages relating to pests, most of their customers wouldn’t take them up on it. Mousetraps cost about a dollar each and exterminators typically don’t charge enough to bother calling your insurer over. Home insurance is there to cover the big things, the stuff that we can’t easily cover ourselves out of pocket, so there’s not much cause, on the customer side or on the provider side, to worry about insurance for pest control or repairing damages left by an infestation.

If you’re still shopping around for home insurance in the Nederland, TX area, give FB Taylor a call and see what they can do for you, or get in touch through their website. Pest control is something most homeowners can handle themselves, but when it comes to storms and wind damage, you’ll be glad you have FB Taylor in your corner to help you handle the big damages.