Home Insurance for Houston Texas and Surrounding Areas
For most people, our homes are our biggest asset and we need to protect it. With severe weather conditions affecting us in the South, we need to make sure that the insurance coverage we have will protect us against all situations.
Beware: Not All Home Insurance Polices in Texas or Louisiana are the Same
Contact ABM Insurance & Benefit Services today! Fill out the form on this page or give us a call 281-448-3040!
When discussing your policy with an agent, make sure that your insurance policy has what you need. For example:
- Does your Homeowners Insurance policy cover Wind, Hurricane and Hail?
- Does your Policy cover water discharge from broken pipes?
- Does your Policy have Replacement Cost Coverage on your structure and Contents?
- Does your Policy have sufficient coverage – see coinsurance penalty
- Does your Policy cover Animal Liability (if you own dogs)?
- Does your Policy have an affordable deductible? Many insurance carriers require 5% deductible for Hurricane or Hail damage and for most of us, 5% is more than we anticipate when faced with a loss (5% of Coverage A – Dwelling i.e. 5% of $250,000 home is a $12,500 deductible).
As an independent agency, ABM Insurance has access to more than 25 Property Insurance companies in Texas and Louisiana. We shop your coverage with all our carriers to make sure you receive the best value on your coverage from year to year. We shop and you Save! We are able to provide our customers an average savings of 37%. Combine your home, Auto Insuranceto save more!
Our Carriers offer many discounts:
- Good Student
- New Home Buyer
- Companion Auto
- Multi-Policy Discounts
- Senior Citizen
- Continuous Coverage
- Flood Insurance
- Claim Free
- No claims in last 3 yrs
- Single Family
- Click Here for Additional ways to save money on your homeowners insurance
What is covered by a standard Homeowners Insurance Policy?
Most standard homeowners insurance policies include four essential types of coverage:
- Coverage for the structure of your home
- Coverage for your personal belongings
- Liability protection
- Additional living expenses if you are temporarily unable to live in your home because of an insured disaster
1. The Structure of Your House
Your homeowners policy pays to repair or rebuild your home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disasters listed in your policy. It will not pay for damage caused by a flood, earthquake or routine wear and tear. When purchasing coverage for the structure of your home, remember this simple guideline: Purchase enough coverage to rebuild your home.
Most policies also cover detached structures such as a garage, tool shed or gazebo—generally for about 10 percent of the amount of insurance you have on the structure of your home.
2. Your Personal Belongings
Your furniture, clothes, sports equipment and other personal items are covered if they are stolen or destroyed by fire, hurricane or other insured disasters. The coverage is generally 50 to 70 percent of the insurance on the structure of your home. The best way to determine if this is enough coverage is to conduct a home inventory.
Personal belongings coverage includes items stored off-premises— this means you are covered anywhere in the world. Some companies limit the amount to 10 percent of the amount of insurance you have for your possessions. You also have up to $500 of coverage for unauthorized use of your credit cards.
Expensive items like jewelry, furs, art, collectibles and silverware are covered, but there are usually dollar limits if they are stolen. To insure these items to their full value, purchase a special personal property endorsement or floater and insure the item for its officially appraised value.
Trees, plants and shrubs are also covered under standard homeowners insurance—generally for about $500 per item. Trees and plants are not covered for damage by wind or disease.
3. Liability protection
Liability covers you against lawsuits for bodily injury or property damage that you or family members cause to other people. It also pays for damage caused by your pets. So, if your son, daughter or dog accidentally ruins a neighbor’s expensive rug, you are covered. (However, if they destroy your rug, you’re out of luck.)
The liability portion of your policy pays for both the cost of defending you in court and any court awards—up to the limit stated in your policy documents.
Liability limits generally start at about $100,000, however, it’s a good idea to discuss whether you should purchase a higher level of protection with your insurance professional. If you have significant assets and want more coverage than is available under your homeowners policy, consider purchasing an umbrella or excess liability policy, which provides broader coverage, including claims against you for libel and slander, as well as higher liability limits.
Your policy also provides no-fault medical coverage, so if a friend or neighbor is injured in your home, he or she can simply submit medical bills to your insurance company. This way, expenses are paid without a liability claim being filed against you. It does not, however, pay the medical bills for your own family or your pet.
4. Additional living expenses (ALE)
ALE pays the additional costs of living away from home if you cannot live there due to damage from a an insured disaster. It covers hotel bills, restaurant meals and other costs, over and above your usual living expenses, incurred while your home is being rebuilt.
Keep in mind that the ALE coverage in your homeowners policy has limits—and some policies include a time limitation. However, you can generally increase the amount of ALE coverage for an additional premium.
Your ALE coverage limit is separate from the amount available to rebuild or repair your home. Even if you use up your ALE your insurance company will still pay the full cost of rebuilding your home up to the policy limit.
If you rent out part of your house, ALE also covers you for the rent that you would have collected from your tenant if your home had not been destroyed.
ABM Insurance & Benefit Services, Inc – Your Houston, Conroe, Montgomery, Kingwood, Humble, Porter, Clear Lake, Pearland, Sugar Land, Missouri City, Cleveland, and Surrounding Areas Home Insurance Expert
Whether you are blindsided by a storm or a lawsuit, thinking afterward about what you should have done before the event is for the reckless. The responsible know better. Remember, we are all just one card shuffle away the devastation of having to start over.
We have protected the citizens of Houston since 1989. We are friends with the people here. We know Homeowners Insurance. We also understand that what would take you 100 years to pay on an annual Homeowners Insurance policy, you could be liable for in a five second tragedy.
Complete the Protection Savings Form today and let the professionals at ABM Insurance & Benefit Services, Inc. stack the deck in your favor!