Category: Home Insurance

The Importance of Home Inspection

The condition of your home’s structural materials is a critical aspect that determines its current status. A thorough inspection of these subject matters could impact the amount of home insurance you plan to invest in. Below are the steps to perform an inspection of the structural materials.

The Preliminary Steps

When planning an inspection with an insurance representative, the property owner should make proper preparations for the visit. This can include rinsing off the home’s exterior and removing any loose items around the property. These steps ensure that the representative can move around freely and assess the home’s materials without obstructions.

Materials Subject to Inspection

Structural materials include any materials used in constructing a house’s frame, walls, floors, and ceilings. When an insurance representative commences an inspection, the materials they assess typically include the following:

• Wood
• Asphalt
• Concrete
• Brick
• Natural stone

How the Assessment Proceeds

As part of the assessment, the representative will survey the residential property, taking notes about their findings. These may include details about the size of the home, construction materials used, and any distinct design features. Any issues identified during the inspection—such as damaged structural materials or potential risks—will be recorded. Upon completion of the assessment, a consultation will help divulge the results of the inspection to the property owner. It is advisable that the owner consider repairs or replacements for any damaged structural materials.

Contact Texas Classic Insurance

To learn more about residential inspections and insurance products, contact an agent representing Texas Classic Insurance. Our agents serving Granbury, TX, are available to assist with your inquiries.

At Texas Classic Insurance in Granbury, TX, we put the interests of our customers first. As an independent insurance agency, we work for our customers, not for the insurance carrier. We communicate with our customers to help them to make the decisions about coverage that will provide them with the coverage they need. 

Reviewing your home insurance policy

When your personal worth rises

If your assets have increased since you got your home insurance policy, it may be time to look at how much liability coverage you have and consider getting more and maybe adding an umbrella policy. Judgments have risen over the years, likely at a faster rate than your coverage. 

When your policy renews

If you haven’t been reading your home insurance policy, you are doing yourself a disservice. By looking at the declaration page, you can quickly see your coverage and determine if it makes sense with what you know. Is your deductible correct? Do you have the amount of liability coverage you need? Should you extend your coverage with endorsements? 

Has your liability risen?

Have you gotten a dog? Added a pool or a trampoline? These add more liability to your life and having your home insurance keep pace is vital to your financial security. 

Have you made improvements to your home?

Have you added square footage to your home with an addition or by finishing your basement or attic? This can increase the value of your home significantly, and if you haven’t let your insurance company know, your policy may be lagging behind the actual value of your home. If you have added a security system, you may be eligible for a discount. Talk to your insurance agent. 

Contact Texas Classic Insurance in Granbury, TX to discuss your home insurance needs. Give our office a call or reach out through our website. 

As a homeowner in Granbury, TX, you know that protecting your home is essential. One of the best ways to do that is by having the right insurance coverage. But with so many options available, how do you choose the right policy for your needs? Texas Classic Insurance is here to help. 

Home Insurance Coverage Basics

Every home insurance policy is different, but some basic types of coverage are typically included. These include:

Dwelling Coverage:

This covers the structure of your home in the event of damage from a covered peril.

Other Structures Coverage:

This insurance covers detached structures on your property, like a garage or shed.

Personal Property Coverage:

This covers the contents of your home, such as furniture, appliances, and clothing.

Liability Coverage:

Liability coverage protects you if someone is injured on your property and sues you.

Your Texas Classic Insurance agent can help you determine the best coverage for your needs and budget. Give us a call today to get started.

Replacement Value or Actual Cash Value?

One of the most important choices you’ll make when buying home insurance is whether to get replacement value or actual cash value coverage. The difference is that replacement value covers the cost to repair or rebuild your home, while actual cash value only covers the depreciated value of your home.

Choosing the Right Amount of Coverage

Your home is one of your most valuable assets, so it’s essential to ensure you have enough coverage to protect it in the event of a disaster. The amount of coverage you need will depend on factors like the value of your home and the amount of personal property you have. It’s a good idea to talk to an insurance agent to get an estimate of how much coverage you should carry.

As a homeowner in Granbury, TX, it’s essential to have the right home insurance coverage to protect your investment. Contact our team of insurance experts at Texas Classic Insurance to get started!

Owning a home is rewarding. But, it’s also a lot of work. 

Texas Classic Insurance wants to help you protect your investment. Serving Granbury, TX, the agency knows the best way to do that is with a home insurance policy. In addition to offering peace of mind, a home insurance policy provides these five practical benefits.

Protects primary dwelling

Protect where you live. As the name implies, this is the main purpose of home insurance. Damage from fire, hurricanes, or tornados does occur, insuring your home can help reimburse any replacement costs.

Covers additional structures

But this isn’t the only building that’s included. Any detached structures, like garages, sheds, decks, or fences, are protected as well. Coverage limits can vary, so customize your policy to ensure adequate protection.

Safeguards belongings

What’s inside these buildings is valuable too. Home insurance applies to furniture, appliances, electronics, and other personal possessions in the event of a covered loss. Texas Classic Insurance recommends conducting a home inventory first. This will help your agent determine proper policy limits.

Provides liability

Accidents can be costly. This is especially true if you are found to be at fault. If someone is injured on your property, liability kicks in. Liability coverage can reimburse medical bills or legal expenses, even for incidents like a dog bite or slip and fall.

Pays additional living expenses

Home insurance can also help if your home becomes inhabitable. If damage, destruction, or needed repairs forces you to relocate, "loss of use" is key. This repays any relocation-related expenses that are incurred, like hotels, travel, and meals.

Contact an agent serving Granbury, TX

Enjoy these benefits yourself by purchasing a home insurance policy. Texas Classic Insurance can help find a plan that’s right for you. Call to schedule an appointment today.

As a Granbury, TX homeowner, it can be difficult to try to determine how much insurance you need to protect you in the event of fire, theft, or storm damage. You’ll need three basic types of insurance, and then you can work with a Texas Classic Insurance agent to fine-tune your policy so that it covers the exact amounts you need to cover your specific property. 

Dwelling Coverage

This covers your home itself and will help rebuild or replace it if it’s damaged. This coverage will handle things like damage to your roof, walls, carpeting, and more. It can cover the rooms in your home after a covered incident. 

Contents Coverage

This coverage is designed to cover your personal belongings inside your home and includes your furniture, electronics, jewelry, and more. If you have any items that are especially expensive, like collectibles or art, you may want to consider adding a specific rider to your policy to purchase additional insurance for them. 

Liability Coverage

This coverage handles your liability for any accident that would occur on your property, such as a guest tripping and falling on your sidewalk and needing to go to the hospital, or a family member falling down your stairs and experiencing high medical bills. This coverage can be essential if you regularly have guests in your home or live in an area with a lot of foot traffic, as it helps protect you. 

At Texas Classic Insurance, we specialize in helping homeowners in the Granbury, TX area get the insurance coverage they need. Contact us today to learn more about your insurance options.