Risk Management With Insurance In Killeen, TX

by Administrator 25. October 2023 03:00

Tags: , , , ,

Coverage Options in Homeowners Insurance

by Administrator 25. August 2023 10:45

Homeowners insurance provides financial security by covering repair and replacement costs for your home and belongings in the event of damage caused by specific risks like fire or theft. Choosing homeowners insurance in Killeen is a wise decision to safeguard your investment. It encompasses protection for your residence and its contents, deals with legal responsibilities for injuries on your property, and provides relief for unforeseen situations. At Shawn Camp Insurance Agency, we aim to simplify the process of safeguarding your home, allowing you to concentrate on creating a stable future.

Following are the usual coverage options provided by homeowner’s insurance:

  • Dwelling: Dwelling coverage is like a safety net for your home; it takes care of your house if it gets damaged. If something like a fire or a storm damages your home, this coverage comes to the rescue. It is there to help you financially by paying for the repairs needed to fix your home.
  • Personal Property: Personal property refers to the items that make your house a home—furniture, appliances, electronics, and more. Situations like storms, accidents, and thefts can damage or destroy your cherished possessions, and this is where personal property coverage steps in as a reassuring shield. It helps cover the expenses to repair or replace your personal property.
  • Other Structures: In addition to your main dwelling, there might be other structures on your property, such as a garage or shed. These auxiliary structures are covered under the "other structures" category of your homeowner’s insurance. If these additional parts of your property face damage due to covered incidents, the insurance helps cover the costs of repairing or rebuilding them.
  • Loss of Use: When your home undergoes significant damage, making it uninhabitable during repairs, loss of use coverage becomes crucial. This coverage steps in to help alleviate the added burden by covering extra living costs. These costs can include expenses related to finding temporary accommodations, such as renting a hotel room or a temporary rental property.
  • Personal Liability: Personal liability coverage is helpful in situations where someone sustains an injury while on your property, and the responsibility falls on you. If an incident occurs and legal action is taken against you, this coverage steps in to cover the associated legal costs.
  • Medical Payments: Medical payment coverage is important.. It helps pay the medical bills if someone gets hurt on your property, regardless of whose fault it is. Even if an accident happens away from your house like if your dog bites someone in the neighborhood, this coverage can help with medical expenses. 
Homeowner's insurance offers a shield of financial protection for your cherished abode and the possessions that make it uniquely yours. From property damage to liability coverage, each facet of this insurance ensures that your home remains a secure haven. Shawn Camp Insurance Agency offers tailored protection to suit your insurance requirements.

To know more about homeowners insurance coverage options at Shawn Camp Insurance Agency, you can visit us at 2707 East Hwy 190, Copperas Cove, TX 76522, or call (800) 212-2641. Explore our comprehensive services at www.shawncampinsurance.com and stay updated by connecting with us on our Facebook page. 

Tags: ,

Insurance Tips For First Time Home Owners

by Administrator 28. December 2020 08:28

Owning a home for the first time involves a number of crucial decisions such as choosing the right neighborhood, deciding the number of bedrooms required, assessing the amount of property tax, earnest money, closing costs, etc. to be paid and more. However, one of the most important things for a new homeowner to consider is the right homeowner insurance policy i.e. a policy that fits the needs and is economically priced.

Here is a list of some tips to keep in mind when purchasing homeowner’s insurance for the first time:

  • Navigate The Process: Educate yourself on the process involved in buying the insurance and understand the extent to which it will cover the structure of your home and the belongings therein. Enquire about the things that your home will be protected from e.g. fire, vandalism, theft, lightning, tornadoes, etc.
  • Consider The Coverage: As a buyer of an insurance policy, it is your right to know what the policy covers. In most cases, a homeowner’s insurance policy covers expenses incurred on rebuilding a damaged home, replacement or repair of personal belongings, payment for medical expenses, legal defense and additional living expenses incurred due to “loss of use” of a home due to factors like a fire or tornado.
  • Replacement Cost V/S Market Value: Replacement cost refers to the amount spent on rebuilding a home whereas market value covers the home’s current cash value. When shopping for an insurance policy, ensure that the replacement cost of your home can cover a loss completely. Look for a policy that covers the amount of replacement cost and not just the market value.
  • Claims: Take a peek into the claims process of the insurance agency of your choice. Ask the agents about the claims processing timeS and who will be your point of contact.
  • Online Quotes: Most insurance companies offer discounts based on different criteria. So, consider requesting an online quotation of desired coverage to have a clear idea of the cost.
  • Consult An Expert: First time insurance buyers should consult an expert in the field to determine the right amount of insurance coverage based on the type of house, location/area and personal requirements. An expert can also help in gaining a deeper understanding of the insurance policy and suggest whether additional coverage is required.
Shawn Camp Insurance Agency, Inc. offers a wide variety of homeowner’s insurance coverage options in Killeen, TX. The customers can contact the agents for understanding available coverage options. For more details on homeowner’s insurance in Killeen, visit 2705 E. Stan Schlueter Loop, Suite 101 Killeen, TX – 76542. You can also call at (254) 526 – 0535.

Tags: ,

Why Insurance Is A Necessity For All?

by Administrator 27. February 2020 09:18

Tags: , , , ,

Understanding The Importance Of Different Insurance Coverages

by Administrator 18. September 2019 06:51

Insurance coverage refers to the amount of liability or risk covered by insurance services. There are a variety of insurance coverage for different types of protection from sudden and unforeseen eventualities. Examples of insurance coverage include homeowners insurance, motorcycle insurance, auto insurance and others.

Each type of insurance coverage is important in its own unique way based on the amount and kind of coverage provided. The following is a list of different types of insurance coverage and their importance:

  • Auto Insurance: This is an insurance that is required by the law of most states for bodily injury and property damage liability, personal injury protection, covering the cost of a car in case of collision, comprehensive coverage and protection from uninsured or underinsured motorists.
  • Homeowners Insurance: This insurance coverage is important for those who want to protect themselves against the cost of damage caused to building of their home and its attached structures. It also provides protection against financial losses caused by theft, additional living expenses, personal liability, medical payments coverage, etc.
  • Renters Insurance: It is a form of insurance that covers the losses to personal property and liability claims in a rented apartment or home. A renters insurance covers the contents of your rented dwelling against perils such as fire and lightning, accidents, thefts, vandalism, riots, and windstorms. It also provides liability coverage if someone is injured in your rented home and files a lawsuit against you.
  • RV Insurance: Owners of recreational vehicles require a comprehensive RV insurance coverage to be financially protected from the cost of treating injuries and repairing damages in case of an accident. Insurance coverages are offered for recreational vehicles including motor homes (classes A, B and C), motor coaches, camper vans and travel trainers. Coverage options include Bodily Injury & Property Damage Liability, Uninsured/Underinsured Motorists, Medical Payments, Roadside Assistance, etc.
  • Motorcycle Insurance: A motorcycle insurance provides financial protection in case of an accident or theft of your motorcycle. Factors including past driving record, credit history, driver’s place of residence, age, etc. determine the type of motorcycle insurance plan. Coverage options offered are Bodily Injury & Property Damage Liability, Comprehensive and Collision, Custom Parts and Equipment, etc.
  • Boat Insurance: A boat insurance covers you for loss, damage, theft or injury risks to your watercraft and its occupants. Insurance plans include options such as Roadside Assistance, On-Water Towing, Total Loss Replacement, and more. Specific coverage plans are also available like personal watercraft insurance, jet boat insurance, sailboat insurance, fishing boat insurance or house boat insurance.


Shawn Camp Insurance Agency, Inc. offers a wide range of insurance plans including home insurance, motorcycle insurance, auto insurance, RV insurance and boat insurance. For further details on understanding the importance of different insurance coverages, visit 2705 E. Stan Schlueter Loop, Suite 101, Killeen, TX – 76542. You can also call at: (254) 526 – 0535.

Tags: , , , ,

Differences Between Homeowners And Renters Insurance

by Administrator 22. August 2019 12:13

Whether you are renting or have purchased a home, it is necessary to have an insurance coverage in both the scenarios. Both homeowners and renters insurance provide financial protection against any kind of property damage, legal liabilities, medical payments and other costs.

However, there are some basic differences between homeowners and renters insurance:

  • Coverage: The main point differentiating a homeowners and renters insurance is that the coverage plan for a homeowners insurance covers the house in which the owner lives and any other building structure like a garage or a storage shed attached to it.  Whereas, a renters insurance does not cover the building. It provides coverage to the belongings of a tenant in a rental property.
  • Cost: A homeowners insurance is understandably costly as it provides coverage for the entire structure of a house and the belongings therein. Renters insurance is more affordable as it covers belongings except dwelling coverage. The covered perils in both these insurance plans can also differ which in turns affects the cost of coverage.
  • Coverage For Personal Property: For a renters insurance, personal property coverage is the most important as it is the main feature and a factor in determining the cost of the insurance. A standard homeowners insurance plan also provides coverage for personal property, but it is not the main driving feature.
  • Buying An Insurance Plan: Both the property owners and the tenant should have extensive knowledge about the value of their possessions to ensure that the insurance provides enough coverage. For homeowners insurance, the dwelling coverage should be set at or above the replacement cost of the home. A homeowner can buy additional insurance to cover the replacement value of his belongings in the home. Personal property coverage for renters insurance should be sufficient to cover the value of their possessions. In case of damage caused by a covered peril, the insurance will reimburse the replacement cost of the possessions that have been damaged.

 

Shawn Camp Insurance Agency, Inc. provides homeowners and renters insurance to its clients. The agency also offers a variety of other insurance plans. To know more about difference between homeowners and renters insurance, visit 2705 E. Stan Schlueter Loop, Suite 101, Killeen, TX – 76542. You can also call at (254) 526 – 0535.

Tags: ,

Homeowners Insurance Myths

by Administrator 28. March 2018 09:19

There are many myths and misconceptions around the topic of home insurance. These myths if not cleared can result in unwanted costs in the form of overpaying for policies and not getting the right coverage. Buying a home insurance policy is the best way of protecting your home from natural disasters and factors like theft, floods etc. The following is a list of common myths surrounding home insurance.

  1. Home Insurance Is Limited To My House Only - A home insurance policy covers your house, its contents, living expenses for an inhabitable house and personal liability exposures.
  2. Covers The Market Value Of A House - A home insurance covers the rebuilding/replacement value of a house and not its market value.
  3. Insurance For Older And Inexpensive Homes Is Cheaper - The home insurance of older homes is in fact more expensive as the chances of certain home systems to fail are higher.
  4. Home Insurance Covers Damage By Termites And Insects - Most home insurance policies generally do not cover damages by termites and insects. You will have to inquire whether the policy you have chosen covers these factors.
  5. A Home Insurance Covers The Costs Of Intentional Damage - No, it does not cover costs that ensue due to injuries or damages caused by an act which you initiated, such as a fight with someone. It only covers damage due to accidental and unintentional injury caused to someone on your property.
  6. Home Insurance Covers Costs On Upgrading My House - A home insurance does not cover any cost associated with maintaining your house. It also does not cover damages caused to the house due to poor maintenance such as mold. It can only compensate you for expenses incurred in rebuilding it in case of damage due to an unforeseen event such as fire or theft.
  7. Creating An Inventory List Of Your Possessions Is A Waste Of Time  - Homeowners insurance provides for personal property insurance and covers for the possessions within the house. So, it is important to create an inventory of all the valuable possessions in your home so that you can file a claim in case a loss arises.


For affordable home insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags: ,

Things Every Homeowner Should Know About Home Insurance

by Administrator 24. March 2018 10:52

Tags:

Home Renovations That Can Lower Your Insurance Costs

by Administrator 18. November 2014 07:02

Home renovations can be an incredible way to increase your home’s resale value and uplift its overall appearance. However making changes to your home and renovating it can have considerable effects on the homeowner’s insurance premiums. The key to lowering your insurance costs is to invest in refurbishments that lower your risk of weather related damage, accidents, robberies and fires to your home. If your home is less susceptible to these perils, you will have to pay much less premiums on your insurance policy.

Given here are some of the home renovations that can significantly lower your insurance costs:

  • Roof: Investing in a new roof or repairing the existing one can help you reduce your premium amount, particularly for older houses. A lot of insurance companies make it a prerequisite for the homeowners to have a perfectly updated roof. This will help you save your house against any structural or weather damage.
  • Electrical Wiring: This is also one of the major factors taken into account by the insurance companies while deciding the annual cost of the insurance policy. An outmoded and dilapidated wiring system can possibly lead to a fire breakout in the house. Thus, before getting homeowner’s insurance, make sure the electrical wiring in your house is safe and new. Old wiring can spark and short circuit which will incur very heavy costs. 
  • Deadbolt Locks: Even a small modification such as installing deadbolt locks can save you a lot in your homeowner’s insurance premiums. These locks will protect your house against any unauthorized invasion and thus, reduce your chances of filing for a claim.
  • Smoke Alarms and Indoor Sprinklers: They provide long term savings and security that puts your house on minimal risk of getting damaged due to fire.
  • Alarm Systems: Insurance companies tend to give major discounts to home owners who have a monitored alarm system installed in their house. The alarm alerts at unauthorized entry into your house and ensures safety of you and your possessions.

If you want to get affordable homeowners insurance policy, contact Shawn Camp Insurance Agency, Inc. We offer the best insurance policies to our clients that are perfectly tailored to their requirements. For more details, feel free to call at (254) 526 – 0535. You can also visit our office at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542.

Tags: ,

Homeowners Insurance In Copperas Cove, TX

by Administrator 18. September 2014 12:04

Buying a home is one of the most important investments that people makes in their life and the importance of having a home insurance should not be overlooked. Getting homeowners insurance is extremely important for ensuring protection of your property and having peace of mind. The policy can help you shield your finances from the unexpected costs of repurchase or rebuilding the property in case any damage occurs.

Here are a few benefits of getting a homeowner’s insurance:

  • Financial Protection: The policy provides you coverage against any possible financial loss that you might have to bear in case there is any damage to the house. The replacement budget of the home is usually greater than the initial price of purchase and that too by a considerable margin. Homeowners insurance offers coverage that will help you recuperate from the loss and rebuild or replace any damaged property without hitting hard on your savings.
  • Timely Recovery: Insurance claims help the families to initiate the rebuilding process faster thus facilitating them to move on in their lives. They can repurchase any lost property and begin for the replacement or repair of the damage much quickly. Apart from securing them financially, it also enhances their wellbeing by providing psychological contentment and reducing stress.
  • Living Expenses: Homeowners insurance also provides for the living expenses of the family if they are compelled to live somewhere else in circumstances where the home becomes dilapidated. These costs usually include restaurant bills, hotel overheads and all other expense borne by you while staying out of the house.
  • Liability Protection: It refers to the security against any potential lawsuits that can turn up because of the physical injuries suffered by your guests while they are in your property. Your home insurance policy can cover the legal costs and medical expenses if the person decides to file charges against you on a matter.

Thus homeowner’s insurance offers a lot of benefits and every homeowner must make sure that he has insured himself as well as his home from any sort of unforeseen damage or loss.

If you live in Copperas Cove and want to get affordable homeowners insurance policy, feel free to contact Shawn Camp Insurance Agency, Inc., at (254) 547-238. You can also visit our office at 2707 East Hwy 190 Copperas Cove, Texas 76522.We offer the best policies to our clients that are perfectly tailored to their needs and requirements.

Tags: ,

Tag cloud

Month List