Home Insurance

Congratulations on having bought or built a home in Texas. You can relax in the comfort of your home without the hassle and bustle of living in rental spaces. While the hard work is behind you, you should now focus on looking for a home insurance plan to protect your valuable investment. At B & M Agency, we offer affordable home insurance to ensure that your asset is safe and secure at all times.

Home insurance coverages

Home insurance isn’t offered as one comprehensive policy. It’s offered in different options to help you choose various policy types that suit your needs. Here are the home insurance coverages to consider:

Dwelling coverage: It protects your structure against perils like fire, lightning, and certain natural disasters. This coverage can also cover detached structures at an additional premium.
Contents coverage: Home insurance covers assets like clothing, electronics, and furniture against perils like theft, fire, vandalism, and other risks listed in your policy. However, you need to purchase an endorsement for high-value items like jewelry since home insurance offers limited protection.
Liability coverage: Home insurance covers you when accused of bodily injury or property damage. For instance, if your pet bites a guest or neighbor, home insurance can come to your rescue by paying the medical bills.
Loss of use: Should a risk listed in your home insurance makes your home unlivable, home insurance can pay for the additional living expenses until your house becomes habitable again.
Medical payments: Home insurance can pay for the medical bills of third parties when they are injured while in your house.

While home insurance covers you against numerous risks, you need to know about home insurance exclusions. Typical home insurance doesn’t cover damage from floods, earthquakes, and sewer backups. However, you can purchase add-ons to boost your home insurance.