Homeowners Insurance in Dallas, TX
Texas homeowners and buyers may face various losses and unexpected costs after unexpected events. Homeowners insurance can help you recover from these setbacks by offering financial support for covered damage to your home and belongings.
What Does a Homeowners Insurance Policy Include?
A typical homeowners insurance policy may include the following coverage:
- Personal property coverage may cover your belongings, like furniture and electronics, if they’re stolen or damaged.
- Liability coverage may financially aid if someone is injured on your property or if you accidentally cause damage to someone else’s property.
- Dwelling coverage may help pay to repair or rebuild your home if it’s damaged by covered risks such as fire, windstorms or vandalism.
- Other structures coverage can cover outlying structures on your property, including detached garages and tool sheds.
- Additional living expenses coverage may cover extra costs if you need to live elsewhere while your home is being repaired after a covered loss.
How Much Does It Cost?
Several factors can affect your policy’s cost, including:
- The age and condition of your home
- Where your home is located
- Your past insurance claims
- The coverage options and deductible you select
Does This Coverage Apply to Home-based Businesses?
If you run a business from home, standard homeowners insurance may not cover all business needs, such as:
- Business equipment: Coverage for business items, such as computers or inventory, may be limited or excluded.
- Liability risks: Injuries to clients or business visitors may not be covered and can require extra liability coverage.
- Business interruption: Loss of income from business disruptions may not be included.
Get Started Today
Contact Lakewood Insurance to get a quote or learn more about insurance options near you.