Homeowners Insurance in Dallas, TX
Home insurance, also known as homeowners insurance, is typically required when obtaining a mortgage. Even after your loan is repaid, it can help manage covered losses. A standard homeowners insurance policy may include the following:
- Dwelling coverage may cover damage to the structure of your home caused by covered events such as fire, hail or vandalism.
- Other structures coverage can extend coverage to additional buildings on your property, including detached garages, guest houses and gazebos.
- Personal property coverage may help replace or repair your belongings, like furniture, electronics and clothing, if they’re damaged or stolen.
- Liability coverage may apply if someone is injured on your property or if you accidentally cause damage to someone else’s property.
- Additional living expenses coverage may pay for temporary housing and other costs if a covered loss makes your home uninhabitable.
What Can Impact Your Policy Rates?
Several factors can affect your insurance costs, including the following:
- Location: Homes in areas with higher risks, such as those prone to wildfires or floods, may have higher insurance costs. Distance to a fire station or hydrant can also affect your rate.
- Home characteristics: Older homes or those built with materials that are more susceptible to
- damage may cost more to insure.
- Coverage amount: Higher coverage limits typically result in higher premiums.
- Claims history: Multiple past claims can result in higher premiums.
- Deductible: A lower deductible reduces what you pay out of pocket for a claim but typically increases your premium.
- Safety features: Installing security systems, smoke alarms and deadbolt locks may help lower your premium.
How Our Team Supports Texas Homeowners
At City Auto Insurance, we can help you secure a policy that fits your home, lifestyle and budget. Contact us today to discuss your insurance options and get a personalized quote.