If you recently purchased a home in Texas, you must secure home insurance. If your home is near Fort Worth, TX, our Main Street Independent Insurance Agencies Inc. team would like to meet with you to discuss your insurance options. We’ve been serving homeowners in your area since 2011.
Understanding Your Insurance Deductible
As you delve into choosing your insurance policy, you may encounter several insurance terms that might be unfamiliar. One such term is "deductible." According to the Texas Office of Public Insurance Counsel, a deductible is the amount of money the homeowner must pay towards any home damage expenses before the insurance company covers any damages to the home.
The same source reports that an insurance company will typically deduct your deductible from your payment rather than require you to pay it upfront. Your deductible will typically be calculated as a fixed amount deducted from the claim. Still, some insurance companies prefer to charge a percentage of your home’s insured value. Homeowners selecting an insurance policy should ask their agent about the amount of their deductible to prepare for any potential claim.
Contact Main Street Independent Insurance Agencies Today for Your Appointment
Buying a home is a significant investment, but its value goes beyond the cost of your mortgage. Our team at Main Street Independent Insurance Agencies Inc. understands how much your life depends on your home, and we want to help you make the right insurance decisions. Fort Worth, TX homeowners have come to trust our independent agency. Contact us for an appointment today, and we’ll collaborate to secure the right insurance for you.
