Things To Know When Buying Homeowners Insurance

by Administrator 4. September 2014 04:25

When you own any kind of property it is always a smart move to get insurance for it as it will keep you financially covered in case of damages or accidents. The process of buying a property is in itself a complex and long-winded one but one should not ignore the important aspect of getting a homeowner’s insurance. Before getting homeowners insurance there are a few things that you need to keep in mind and certain points that you must consider. Knowing about these important factors can ensure that you end up with the right insurance policy for your requirements.

  • The need for homeowners insurance is a very palpable need which is present and relevant for all homeowners. For people who buy a property to live in there is need for coverage of personal property and valuables and for people who buy property to rent it out, there is need for coverage against damage. Getting homeowners insurance is not an option but a necessity as it ensures that your investment is safe.
  • Before you decide on where to get your homeowners insurance from you should do some market research and look at different insurance companies. Insurance offers, extent of coverage and financial terms all vary with different insurance providers and you should make sure that you get the right deal for your property. You should always consider the pros and cons of an insurance policy and then make up your mind.
  • Homeowners’ insurance policies have a few very specific components on offer, depending on the policies of the insurance company where you buy it from. When you zero in on a particular insurance offer you should make sure that it gives you basic coverage for property damage and for the most common kinds of problems you are likely to face. You should also look for special terms which cover incidents like theft, fire, natural disasters etc. If a particular item is not listed on your offer you might have to pay extra to include it in the policy.
  • Always ensure that you can manage your finances properly throughout the period of the insurance. Take prior note of the monthly premium payments and also carefully consider the deductible amount for each claim, making sure that the amount is within your reach financially should the need to make a claim arise.

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Do’s And Don’ts When Insuring Your Home

by Administrator 12. August 2014 07:52

Just like any other major investment getting a home insurance also has its specific list of do’s and don’ts. Often people overlook and ignore some information related to home insurance which are very important in the long run. Here is a list of some important things that you must keep in mind while insuring your home.


  • You should contact a reputed insurance agency that is authorized and qualified to advise you on how to insure your home in a proper manner. They have been in this business for a sufficient period of time and have knowledge and experience about the policies.
  • You must answer all the questions honestly so that the insurance agent get to know about the surface area of your home and other configuration, construction style, unusual features, key improvements and your high value personal possessions.
  • Adjusting the limits of your policy according to the replacement cost of your contents and items including art items, jewelry and antiques ensures better insurance in your policy agreement. This is known as ‘scheduling’ in the insurance industry and scheduled personal possessions are listed in a document with separate limits.
  • You should not hesitate to ask about discounted insurance rates as there are many insurance companies that offer various concessions on the basis of home features, age and loyalty. If your insurance agent does not take up this matter you should raise it up yourself. 


  • Do not rely on the appraised, anticipated or purchase price of your home to set the limits of your abode as this cannot give an estimate of the cost to be incurred to rebuild the house.
  • You should not be tightfisted while purchasing a home insurance policy as a home is one of your biggest possessions and it should be properly insured.
  • Do not undervalue the amenities and size of your dwelling to get a lower quote for premium.
  • If you are including the land on which your house is built in the home insurance policy, according o the US Government, you will be overpaying. Your policy should only cover the cost of replacing and rebuilding the home.

We, at Shawn Camp Insurance Agency Inc., offer the best policies to our clients that are perfectly tailored to their needs and concerns. For more details about our insurance plans, you can call us at (254) 526-0535.


What All Is Included In Homeowners Insurance

by Administrator 11. June 2014 12:09

Nowadays, most homeowners opt for homeowners insurance to safeguard themselves against possible damages and to be covered for losses in case of heavy, expensive repairs or replacements. Insurance policies are all different and unique. It is the duty of the homeowner to be fully aware of exactly what is covered within the scope of the insurance before opting for it. There are certain things that all policies usually cover and a few things that get covered only in specific homeowner insurance policies.It is wise to ask questions and make adequate enquiries to be fully satisfied regarding what is covered in a particular insurance plan before you choose it for your home. Here is a list of things which are commonly covered in most homeowner insurance policies.

  • All typical homeowner insurance policies provide coverage for the actual house against a number of broad damages. While your actual house is covered, certain other structures inside your property are also usually covered. These might include sheds, garages, fences, driveways and other significant structures.
  • Typically, homeowners insurance also covers personal property and possessions. This is also known as contents insurance and on an additional coverage charge it also covers high-value items like artwork or expensive jewelry.
  • Not all items are given replacement cost cover with homeowners insurance. Replacement cost cover signifies that in case of damage, you will be covered for the original cost of the damaged item. However, many insurance policies can also offer fair market price cover, which allows for depreciation that occurs with time.
  • Homeowner insurance policies typically cover a large range of natural disasters. In certain areas which are prone to earthquakes or tornadoes, there might not be automatic coverage for these scenarios. Scenarios which are typically included are storms, hail, lightning, fire and damage by falling objects. Additional coverage can be purchased for other kinds of natural disasters.
  • You can opt for additional coverage in your insurance policy against flooding, flash floods and sewer backups as these are typically not included in homeowners insurance.
  • Most policies cover incidents of personal injuries while inside your property. These can include injuries caused by incidents like slips and falls.
  • It is extremely important to have an understanding of the deductible amount while making a claim.

We at Shawn Camp Insurance Agency, Inc provide affordable homeowners insurance in Coppers Cove TX. You can contact us at (254) 526-0535.

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Save More On Your Homeowners Insurance

by Administrator 4. March 2014 09:12

A  Homeowners Insurance is a form of insurance in which the insurance company financially protects and insures your home from any kind of damage done by fire, lighting, smoke, explosion, theft, vandalism, malicious mischief, riot, windstorm, hurricane, hail, and water damage. In short, the company may provide substantial financial claim for your house or personal property if they are damaged or destroyed by an event or occurrence covered in your Homeowners Insurance policy.
Following are some points to save more on your Homeowners Insurance:-

  • Do a thorough research before investing into the Insurance: If you want your money to go in right hands and want to save a handsome amount of it even after investing it in Homeowners Insurance, do a thorough research, search online, approach friends, beneficiaries and find out what is best for you and your home and what fits in your specific set of requirements. In this way you will not only save money but at the same time will get the best service right next to you.
  • Avoid insuring the land: You just need to insure your home and its belongings not the land, as you yourself can judge that in case of any fire explosion or any other disaster the chances of any damage to the land will be negligible. So, before investing make sure that you are insuring your home not the land, so also avoid counting rebuilding cost.
  • Take advantage of discounts: As a consumer of insurance, your behavior should be rational. While doing the research work, check the discount options as well so that you can avail of the best out of them and get your money saved.
  • Raise the amount of deductibles: Always remember higher the deductibles, greater will be the benefits as you can save more money on your premium.
  • Don’t switch on to different companies for different kind of insurances: Suppose if you are planning for your car insurance along with your homeowner insurance, buy both from a single insurance company, in this way you can save substantially on both premiums.
  • Make sure that your home is more disaster resistant: Approach your insurance agent to find out how can you make your more disaster resistant, what do you require for the same? Will better building construction material help? Will better electrical equipment help? Count on each and every safety measure and take your agent’s advice for the same.

So if you are planning to buy a Homeowner Insurance, consider the above mentioned tips before investing your hard earned money into it.

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