Texas Home Insurance Policy Coverages
Texas Home Insurance Policy Coverages may exclude certain losses. Even the most comprehensive Texas all-risk policy will exclude certain types of damage.
Policy Coverages
The following chart shows the most common types of losses covered or excluded from a homeowners policy.
| Most Homeowners Policies Cover Losses Caused by | Most Home Policies Do Not Cover Losses Caused by |
|---|---|
| Fire and lightning | Flooding |
| Sudden and accidental damage by smoke | Earthquakes |
| Explosion | Termites, insects, rats, or mice |
| Theft | Freezing pipes while your house is unoccupied (unless you turned off the water or heated the building) |
| Vandalism and malicious mischief | Losses if your house is vacant for the number of days specified by your policy |
| Riot and civil commotion | Wear and tear or maintenance |
| Aircraft and vehicles | Wind or hail damage to trees and shrubs |
| Windstorm, hurricane, and hail (this coverage may be excluded if you live on the Gulf Coast) | Mold, except what is necessary to repair or replace property damage caused by a covered water loss |
| Sudden and accidental water damage | Water damage resulting from continuous and repeated seepage |
Policy Dollar Limits
A policy dollar limits are the maximum amounts your homeowners insurance company is required to pay if your house is damaged or destroyed. The Declarations Page at the front of your Texas policy shows your policy dollar limits. Review your limits to ensure you have enough coverage to rebuild if your house is destroyed or damaged. Talk with your insurance agent or a company representative if you have any questions about your insurance policy limits.
To receive full payment (less your deductible) for a partial loss (such as a hail-damaged roof) most companies require you to insure your house for at least 80% of its replacement cost. If you insure your house for less than 80% of the full replacement cost, the insurance company will only pay a portion of the loss. Some insurance companies and most mortgage companies might require you to insure your house for 100% of the replacement cost.
Have a competent Local Agent Provide a comprehensive coverage and plan so that you are fully covered. Call Austin Insurance Group, trusted independent agent since 1994.
Compare Home Insurance Policy Coverages from your Local Insurance Agent.
More information at www.tdi.texas.gov
