Buying a home is exciting, however it also comes with responsibilities – including making sure it’s properly insured. If you’re new to Texas, or a first time home buyer, you may be wondering: What exactly does homeowners insurance cover, and why do I need it? This guide will walk you through the basics, the risks Texans face, and how to choose the right policy.
What Does Home Insurance Cover?
Most Texas homeowners policies protect you in five key ways: They cover your dwelling, other structures, personal belongings, loss of use, and liability. When combined, these coverages protect both your home and your finances.
- Coverage A: Dwelling — protects your home’s structure.
- B: Other Structures — fences, sheds, detached garages.
- C: Personal Property — furniture, electronics, clothing, valuables.
- D: Loss of Use — temporary living expenses if your home becomes uninhabitable.
- Liability Protection — covers legal costs if someone is injured on your property.
What Home Insurance Doesn’t Cover
It is equally as important to understand your homeowners policy often does not cover the following:
- Flood damage (requires separate flood insurance).
- Earthquake damage.
- General wear and tear or maintenance issues.
- Pest infestations – such as termites or rodents.
That’s why many Texans pair their home policy with flood insurance or umbrella insurance for complete protection.
Common Risks in Texas Homes
Texans face unique challenges:
- Hailstorms & Windstorms – especially in South Texas.
- Hurricanes & Tropical Storms — frequent along the Gulf Coast.
- Flooding – in and outside FEMA flood zones.
- Tornadoes – common in North Texas.
Comparing policies and having a firm grasp on what’s included (and excluded), is essential to ensuring your home is covered accordingly.
How Much Does Home Insurance Cost in Texas?
Texas home insurance premiums tend to be higher than the national average due to storm risks. Prices vary based on:
- Location (coastal vs inland)
- Age and condition of the home
- Roof type and materials
- Deductibles chosen (wind/hail deductibles are common in Texas)
When possible, look into bundling home, auto & umbrella insurance as this often provides discounts and is worth exploring.
Tips for Choosing the Right Home Insurance Policy
Review coverage limits regularly – A home’s rebuild/replacement cost may increase over time.
Compare multiple carriers – Policies vary widely, and the cheapest isn’t always the best. An independent agency like Hi-Lo Insurance will help you compare multiple carriers without unnecessary stress & additional workload.
Evaluate deductibles – Higher deductibles lower premiums but increase out-of-pocket costs.
Ask about discounts – Many insurers offer savings for security systems, newer roofs, or bundling with auto coverage.
Why Work With an Independent Agency?
Shopping for home insurance in Texas can feel overwhelming. That’s where an independent agency can help. Instead of being locked into a single carrier, agencies like Hi-Lo Insurance compare options from multiple insurers and guide you through the details.
At TX Insurance Finder, powered by Hi-Lo Insurance, our goal is to simplify the process for Texas homeowners. We provide concierge-style support so you can feel confident that your home is covered — without wasting time juggling multiple quotes on your own.
Home insurance may seem complex, but with the right guidance, it doesn’t have to be. Visit our Home Insurance in Texas page to compare options and find coverage that fits your needs.
