What You Need to Know Before Buying Home Insurance

You worked hard to obtain your beautiful home, so you know that it is important to protect your investment by obtaining home insurance. However, there are various things to consider before purchasing home insurance to ensure your home and possessions are adequately covered. Thus, the following includes things you should know about home insurance before buying it:

1. Location 

Location is a huge factor when it comes to home insurance. For instance, if your home is located near an area typically an area that has frequent catastrophes, your home insurance policy will most likely be a lot more costly. If your home is near a permanently staffed and highly-rated fire department, you may have a home insurance policy that is more affordable. 

2. Flood Insurance may be Needed

Home insurance policies typically do not cover damage from flooding. So, if you live in an area that is susceptible to flooding, it will behoove you to obtain separate flood insurance.  

3. Earthquake Insurance may also be Required 

For areas that are more prone to have earthquakes, it is crucial to obtain separate earthquake insurance to cover damage caused by earthquakes. According to the Insurance Information Institute, up to 39 states experienced tremors, not just California. 

4. Extra Protection may be Required for Homes with a Hot Tub/Pool

You can pay court costs and other expenses through liability coverage of home insurance, or you can ensure extra protection through an umbrella liability policy. 

5. The Possible Payoff of a High Deductible

You can save money annually with a higher deductible, and you should only use the insurance when it is really necessary, i.e. catastrophic situations. 

If you live in Dallas, TX, or surrounding areas and you need more information about home insurance, contact State Insurance Solutions today. For several years, State Insurance Solutions has been serving the Dallas, TX, and surrounding areas for several years. They are licensed and experienced. Contact them today!

How to create an accurate home inventory

When you are a homeowner, having an accurate home inventory is an important part of your protection plan for your home. Bad things happen to good people every day and no location is safe from all the things that can happen. Filing an insurance claim is never fun but it doesn’t have to be a nightmare either. State Insurance Solutions in Dallas, TX is there to give support to their clients when the need arises. 

Creating an accurate home inventory can take several forms. The traditional way was to use a pad and pen or pencil. It is somewhat easier to use a video to document all your possessions. Using a digital format is also a possibility. No matter how you decide you want to do it, it means that you need to go to every room, your attic, basement, and even to your garage, shed, or a casita. All of these places have items that you own. 

In addition to the list of the items that you have, the more documentation that is included the easier it will be to get the items that you had replaced. You should make a habit of keeping invoices and receipts for items that you purchase, especially higher-priced items. Electronics and appliances should include model, serial numbers, and brand name. Knowing when items were purchased, even just the year can also be helpful. 

When something bad happens, it causes lots of stress and anything that you can do to lessen that stress will be much appreciated. Your complete home inventory which you stored in a safe place will be one of those things. 

Residents of Dallas, TX  can count on the team at State Insurance Solutions to be there when they need them whether it is purchasing a home policy or helping file a claim. Give the office a call for a no-obligation quote. 

Should You Get Replacement Cost Coverage For Home Insurance?

Replacement cost coverage is the gold standard for home insurance. You deserve it. Talk with your agent at State Insurance Solutions, serving Dallas, TX and the surrounding area, to learn more about replacement cost coverage for your home and its contents. If you do have it, and you have not reviewed the coverage for some time, or if your home was improved, then ask for an insurance review. An insurance review makes sure that the current policy provides adequate coverage.

What is the replacement cost?

For a home, the replacement cost is the construction cost that would rebuild the home to a similar condition as a brand-new one of the same type. If your home is 40 years old and falling apart, replacement cost is not the value for selling the home, but the cost of rebuilding a brand-new one.

For personal property, the same thing applies. You can get replacement cost coverage for valuable things in the home. You make a detailed inventory of what you have in the home and on the property. If anything covered is damaged, lost, or stolen, for a reason that is insured against, you will have protection. If there is a legitimate claim and something needs to be replaced, you will get a brand-new one of the same type.

Benefits of Replacement Cost Coverage

The main benefit is peace of mind. If you work with your agent to have the protection in place, then, if anything bad happens you will be upset about it but not panic. You will never face the possibility of having lost everything. You will be in the category of people who manage finances well to protect their families. This follows the recommendations of the top tier of financial planners.

Find out about replacement coverage. To get an insurance review and a quote, contact your agent at State Insurance Solutions in Dallas, TX.

Why a Dallas Property Owner Needs Home Insurance

Buying a home in the Dallas, Texas area can be a great long term investment due to the strong local economy and high growth demands. If you are going to purchase a home in the Dallas area, you also need to make sure that you are properly covered by home insurance. There are several reasons why people in this area need to have home insurance at all times.  

Ensures that They Have Proper Coverage

The most important reason why someone in the Dallas, TX area needs to have home insurance is that it will ensure that they have proper coverage. A full home insurance policy will provide a range of coverage types, which can protect the home and all personal assets from theft, fire, bad weather, and vandalism. Additionally, home insurance customers will also have a liability insurance policy that will cover any accidents that occur.

Complies with Lender and Association Requirements

The majority of people that purchase a home are also going to be required to have home insurance at all times. If you took out a mortgage to purchase the home, the lender will likely escrow each month for your home insurance payments. This ensures that their collateral is protected if the home is ever damaged. Additionally, many home associations require that the owners carry a full home insurance policy that all times due to the benefits it provides.

If you are shopping for home insurance in the Dallas, TX area, you should call the team at State Insurance Solutions. Choosing a quality home insurance policy could be a great option, but is also a complicated process. When you call the team at State Insurance Solutions, you can receive additional support that will be needed to pick the right policy for your situation. 

Does My Home Insurance Cover Dog Bites?

We all love our pets but there are times when bad things happen. In Dallas, TX, the agents of State Insurance Solutions work with their clients to make sure they are fully covered if the unthinkable happens. Most homeowner policies contain liability insurance that covers dog bites and other accidents that involve your pets.

Always Remain in Control of Your Dog

When you own a dog, it’s up to you to maintain control of them at all times. When you take them for a walk, make sure they are on a strong leash and wearing a collar that fits properly. It’s also important that if you have a fence in place, that it is in good condition with no openings where your dog can get out.

Post No Trespassing Signs and Beware of Dog Signs

If you own a dog, it’s a good idea to post No Trespassing Signs and Beware of Dog signs. This alerts anyone that comes on your property that a dog is present and that they should proceed with caution. This may or may not keep people from venturing onto your property, but it does let them know what to expect.

Liability Coverage

Even the most docile of dogs can bite someone if they are afraid. If a dog bites someone on your property, the liability coverage in your homeowners’ policy will cover the medical costs.

In Dallas, TX, residents often turn to the agents of State Insurance Solutions when they have questions or concerns about their homeowners’ insurance. If you want to review your existing policy or have a new one put in place, call one of their reputable agents at your earliest convenience. 

Will my homeowners policy protect me if someone is injured on my property?

When you purchased your homeowner’s policy for your house in Dallas, TX from State Insurance Solutions, you were probably like most people who obtained a policy because your lender required you to or because you just knew it was the best way to protect your property. The great thing about your homeowner’s policy is that it actually provides protection beyond what most people realize.

The Normal Conception of Home Insurance

Homeowners insurance is usually considered as a backup for when something bad happens so you can replace your own property, or sometimes even rebuild your home. Your appliances, flooring, electronics, and personal possessions should all be covered under a standard policy.

Other Protections Provided By a Homeowners Policy

Besides compensating the policyholder after a disaster, like a fire or theft, homeowners insurance has other benefits.

Included in your coverage is basic general liability protection. This means that if there is an accident on your property, such as if a friend falls down and gets hurt while visiting, your homeowner’s policy will probably pay for the medical bills. Otherwise, you could be liable for paying for those expenses out of your own pocket.

Your homeowner’s policy may even pay for damages to your neighbor’s property, although that kind of coverage is typically limited. This could become an issue, for instance, if your tree fell and broke your neighbor’s fence.

If you are in Dallas TX and want to get a better idea of what kinds of protections you’re really allowed under your policy, we want to help. Call State Insurance Solutions if you want us to help you review your policy or if you want to add more protection for your home.

Home Insurance Is An Important Investment

Your home represents what is likely the largest one-time purchase you have ever made to this point. It may end up being the largest purchase you ever make during your lifetime. Because it represents such a valuable investment it is vital for you to protect it. To best do this you need to invest in home insurance. Home insurance offers a number of ways to safeguard your home and help you pay for necessary repairs. If your property is in or around the greater Dallas, TX area, State Insurance Solutions can help you find the right coverage for your particular property. 

Damage Can Happen At Any Time

Your home is under constant threat for possible damage. A sudden downpour might flood the property, or you may discover a crack in the foundation. Even your kids playing catch outside can result in broken windows or a damaged roof. There’s no limit to the ways your home can be damaged. Unless you want to make these sometimes costly repairs out of pocket, your best bet is to invest in home insurance. 

Liability Protection

Hopefully, this is something you never have to deal with, but if someone trips on the sidewalk in front of you, or even falls down stairs inside of your home, they may attempt to file a lawsuit against you. Even if you are in the right, hiring an attorney is expensive. Liability insurance will help pay for this. 

There is no shortage of the ways home insurance can protect your property. Even if you currently have home insurance now is an excellent time to shop around for improved coverage that delivers a better bang for your buck. If your property is around the Dallas, TX area you should give the team at State Insurance Solutions a call to find out more.

Understanding the Basic Steps of the Home Insurance Claims Process

The Dallas, TX area is no stranger when it comes to natural disasters. After a sudden hailstorm, a severe flood or a tornado wrecks your home, filing a home insurance claim is the first step to putting your home and your life back together.

Here are some of the basic steps, courtesy of State Insurance Solutions, you’ll need to go through when making your home insurance claim:

Document and stabilize the damage.

Take pictures of the damage done to your home and itemize all of the belongings that were lost or damaged in the process. You can also make temporary repairs (such as boarding up broken windows or placing a tarp over your roof) to prevent your home from being damaged further, but remember to save all of your receipts.

Get in touch with your insurance agent.

The clock starts ticking on your claim after the damage is done. In most cases, you’ll have up to a year from the date your home was damaged to file your claim. Contact your agent as soon as possible to get started on your claim.

Meet with the claims adjuster.

A claims adjuster from the insurance agency will inspect the damage to your home and provide an estimate of the repair costs. If your home is a total loss, you’ll get an estimate of the replacement costs for your home. You’ll also have a chance to ask questions and take notes.

Be prepared to negotiate.

If the claim adjuster’s final estimate fails to adequately cover all of the damage to your home, you may need to negotiate. Fortunately, the photos and other documentation should help you achieve a fairer estimate.

The experts at State Insurance Solutions can help you find the right policy that suits your Dallas, TX home best. Get in touch with us today to get started.

What You Should Know about Home Insurance and Dogs

Dogs and pets in Dallas, TX can affect home insurance rates because even the best trained animals can be unpredictable. Insurers need to look at every risk when creating a policy, and there could be a chance that your pet poses a risk. According to the CDC, up to 4.5 million people can suffer from a dog bite each year. About 900,000 of those bites could require medical treatment. Since the liability part of your home insurance covers dog bites and helps pay for other injuries, it can lead to an increase in your premium.

The breed of your dog can be a factor in home insurance. Some insurers won’t cover dogs that can inflict severe harm from just a single bite, such as chow chows and Dobermans. It can be hard to predict which dogs are the most likely to attack, since there are many misconceptions about breed. Studies show that large dogs that are often mistaken for the ones with more attacks aren’t necessarily more likely to bite than small dogs. Greyhounds and Siberian huskies are considered calm dogs, and even Rottweilers and pit bulls have about average or below average aggression. Chihuahuas and Dachshunds are some of the most aggressive breeds. A liability claim can come from any dog breed. Speak with an agent at State Insurance Solutions if you are worried about your dog’s breed. If you have a mixed breed, don’t just guess at the breed. A DNA test can help determine the breed for insurance purposes.

If you keep quiet about your dog and don’t let your insurance company know, then if you do have a claim, they might not pay. Be sure to let your agent know, even if you think it can raise your insurance. Showing that you are claim free when it comes to your pet can be helpful.

Contact State Insurance Solutions, serving Dallas, TX, to get a quote on home insurance. 

Is my Gazebo protected with home insurance

Discover if your gazebo is protected under State Insurance Solutions’ Home Insurance

Home insurance describes a policy package that offers protection for policyholder’s home and their personal properties. The policy also protects the holder and their family from being held responsible for injuries that others may sustain while on their property. A standard homeowners insurance, offered by State Insurance Solutions serving Dallas, TX, has four essential types of coverage, this includes; protection for home structure, liability protection, protection of personal belongings, and protection for living expense should your house be unlivable.

The portion of the policy which covers for home structure protect against physical damage to the house itself, such as damage to the walls, floors, and doors. In addition to the structure of the house, the policy also covers detached structures located on the property, this include garage, gazebo, and shed.

The gazebo is considered a detached structure hence, it is covered under the portion of the home structure under homeowners insurance. But this insurance does not cover this structure fully. Typically, it covers these types of structure for about 10 percent of the amount of the home insurance policy that is on the home. This may appear small but it does go a long way.

But if you have a high-value gazebo or you are not contented with the 10 percent coverage, then you can add additional protection for it. This would be added to your homeowner’s policy. This will increase the amount of coverage you have on the structure and have it listed on your policy. Although this would increase your premium, it would be a worthwhile investment.

It is important that you maintain and take good care of your gazebo as homeowners insurance does not cover normal wear and tear, and also does not cover incidents that arise as a result of poor maintenance.

If you are thinking about adding a gazebo to your already existing structure it is advisable that you, first of all, speak to your home insurance company. Your agent would be in the best position to advise you on how to add these very expensive structures to your coverage so you can stay safe and secure. At State Insurance Solutions, we can advise you on how you can add your gazebo to your insurance coverage. Our company serves Dallas, TX and surrounding areas.