Homeowner’s insurance rates are rising and rates in Texas are increasing at twice the national average.
Why it matters: Shopping rates can be good for your budget as long as you’re not sacrificing coverage for a lower cost.
🖼️ The big picture: Not all insurance policies are created equal.
- An independent agent can help you make decisions that align with your goals.
🤔 Keep these things in mind while shopping:
👉 Don’t choose a high deductible unless you’re ready to pay it. Contractors are required by law to collect your deductible.
👉 Avoid roof surface endorsements (or Roof payment schedules) — these give you LESS COVERAGE and make roof replacement much more costly.
👉 Opt for O&L coverage if possible — Ordinance & law (code coverage) allows your contractor to include important code upgrades during your loss restoration project.
👉 Consider your risk for mold and flood and opt for that coverage if available.
✅ For your Smart Homeowner list
- If you’ve had the same insurance for years reach out to an independent broker.
- Who can analyze your policy, help you understand the coverage you actually have and can show you multiple alternatives.
🔦 Pro Spotlight
Jason Olson is an agent with The Phoenix Insurance who will match your goals and needs with the right carrier and the right policy.
Jason will review your current policy for free. Schedule a meeting here.