Owning a home has continued to be a great long-term investment opportunity for those in the Colleyville, TX area. When you are looking to purchase a home in this region of Texas, it is very important that you spend time properly assessing your insurance needs. There are various reasons why the typical person here will want to get insurance coverage when they buy a home.
Ensure Assets are Covered
A primary reason to have a home insurance plan is to ensure your assets are covered. If you buy a home, you will want to know you have the capacity to replace it if it is badly damaged. With home coverage, you will get the support you need to cover damages due to a fire or bad weather. This coverage will also include support for your personal assets up to your policy limits.
Liability Risk Mitigation
It also is a good idea to get home coverage to reduce your liability risk. As a property owner, you can be held responsible for accidents that cause injuries or property damage. If this happens, you would need to cover the damages and repair costs. Fortunately, this risk can be mitigated if you get a home insurance plan as it will offer you additional liability insurance coverage.
If you want to buy a home when in the Colleyville, TX area, you will always want to know that you are speaking with someone that you can trust. The team with the Jason Ridley Agency can offer you any guidance that you need to choose a plan that is ideal for your situation. Jason Ridley Agency is able to do this by assessing your situation to determine your insurance needs and then giving guidance to build the right plan.
Home insurance is a vital part of many people’s lives and can protect them from various issues that may otherwise occur. And at Jason Ridley Agency, we can provide Colleyville, TX, area residents with the high-quality coverage that they need to avoid serious issues, including multiple types of damage.
What Your Policy Will Cover
A high-quality home insurance policy will cover problems in your home, including potential liability cases caused by negligence. However, they also cover theft, natural disasters, personal accidents, and additional living expenses for a variety of different problems, including:
- Structural damage that may occur due to various types of covered natural disasters, like fire and hail
- Personal belongings damage caused by appropriately covered natural disasters or other issues
- Potential lawsuit cases that may occur if people are injured in your home, including pet bites
- Additional living expenses to pay for temporary relocation while your home is being repaired
You can also add many extra coverage options to your policy to keep yourself. For example, a flood policy is a wise investment for most people. Remember – up to 30 percent of all floods occur in areas without a high risk of flooding. Protecting yourself in this way will ensure that you are safe.
Some homeowners may even want to consider high-quality umbrella policies to minimize the potential dangers caused by expensive liability cases. Often, this option is best if you run a business in your home and want to avoid running into serious financial complications due to injuries.
Preventing Serious Issues
As you can see, high-quality home insurance can protect you from a variety of issues that would otherwise affect your home. So, if you’re interested in a policy and want a high-quality option, please contact us at Jason Ridley Agency, serving the Colleyville, TX area, right away to learn more.
If you’re buying home insurance in Colleyville, TX, and wondering if any of your possessions aren’t covered, the fact is that just about anything you can own can be protected under an insurance policy.
The only real exceptions are expensive items that you don’t have listed on your inventory, of course, anything illegal, and perishables like groceries. And certain perishables can be protected under certain restaurant insurance policies but won’t be on a home insurance policy.
This being said, you’re typically going to be accepting a flat payment from your home insurance provider rather than going down an itemized list of every single item that was lost in a fire or burglary and collecting the appropriate value to the penny. So if you want to spend your insurance payment replacing groceries you lost in the incident, nothing’s stopping you. There’s just no reason to include every potato and soup can on your inventory or keep a photographic record of it.
The best way to ensure that your belongings are covered is to keep an updated inventory and to let your insurer know about any big purchases like new appliances, jewelry, and things of that nature. Record a video tour of your home once or twice a year so that you can get photographic evidence of all the little bits and pieces you might not have thought to put on a list.
If you have any questions or you’re looking to buy home insurance for your Colleyville, TX home, get in touch with the Jason Ridley Agency. The Jason Ridley Agency can get you the protection you need with a good deal on a great policy.
While homeowners insurance is not a legal requirement in the United States, it can be and is likely to be mandated by the lender if you have a mortgage because this helps protect their investment. Generally speaking, before even funding your mortgage or refinance application, the lender will request proof of homeowners insurance. If you choose not to purchase insurance and have a mortgage, the Consumer Financial Protection Bureau allows the lender to purchase it on your behalf and charge you for the cost, which may result in a policy that is more expensive and/or offers less coverage than you need. For folks that have either paid off their mortgage or paid cash for their homes while you are not technically required to have insurance, your house is likely to be your largest investment, and a homeowner’s insurance policy will protect it in a multitude of ways.
Typically speaking, a homeowner’s insurance policy will provide coverage for your home. Still, also it offers protection for your personal belongings, any other dwellings on the land like a shed, and medical bills if a visitor is injured while on your property or inside your home. Keep in mind that for each of the coverages you have, you will also select a limit, which means anything beyond that dollar amount is your responsibility. Hence, the more coverage you have, the less likely it is that you’ll be responsible for any out of pocket costs once your deductible has been met.
At the Jason Ridley Agency in Colleyville, TX, our friendly team of insurance professionals are ready to find you the perfect homeowner’s policy for your needs, so give us a call today to schedule a no-obligation consultation and see how we can assist in protecting your home.
In Colleyville, TX, the agents of Jason Ridley Agency are often asked how clients can better protect their homes from vandalism and theft. The agents are well-versed in a variety of ways for homeowners to protect their property. Being proactive and knowing what is effective when it comes to keeping vandals and burglars at bay is an excellent place to start.
Add an Outdoor Security Light
Outdoor security lights can be installed to stay on from dusk to dawn or to come on when motion is detected. Either way, it shines the spotlight on intruders and makes it, so there is no place for them to hide.
Install a Home Security System
Installing a home security system with video surveillance cameras is a great way to catch intruders in the act. Not only will you have a visual image, but your local authorities can also be notified of an added layer of security. You can monitor the system on your own, or you can hire a professional monitoring service.
Install a Privacy Fence
Installing a privacy fence makes it difficult for intruders to gain access to the back portion of your property. This forces them to try and gain entry from the front where they will be more visible and at a higher risk of being caught in the act.
The agents of Jason Ridley Agency are always looking for ways to keep their clients’ homes safe from vandals. If you are a resident of Colleyville, TX, and would like to learn more about how you can keep your home secure and protected against vandalism, speak with an agent today!