If you are a resident in the Amarillo, TX area, owning a home is a great idea. Property owners in this region of the state will enjoy long-term benefits, such as having a stable place to live and benefiting from value appreciation. Getting insurance is necessary if you want to buy a home here.

Protect Your Dwelling and Assets

A great reason to have a home insurance plan in Texas is to protect your dwelling and assets. If you are looking to buy a home, you will be making a very large long-term investment. Further, you will have various personal items stored within it. When you get coverage through a home insurance plan, you will have support to replace or repair these assets. 

Meet Insurance Rules

You should also get this coverage to ensure you are meeting your requirements. Anyone that is looking to buy a home will need to have insurance for it if they have taken out a loan. Also, any home association will require you to get insurance. When you have this type of coverage, you can remain in good standing with all such obligations in the future. 

If you own a property in the Amarillo, TX area, you need to ensure you get the right insurance. To ensure you can select the right plan, it would be a great idea to call our team at the West Texas Insurance Agency. Our professionals at the West Texas Insurance Agency know the value of this coverage and can offer the support you need to build your next plan.

They say that your home is where your heart is, meaning you need to protect it in any way you can. The insurance agents at the West Texas Insurance Agency, serving the Amarillo, TX area, can explain the importance of homeowners insurance and what it covers. Reach out to our office to get started.

What Does Home Insurance Cover?

Home insurance covers the structure of your house and any outbuildings on the property. These can include sheds, garages, decks, and other areas. Home insurance will also cover your personal belongings, such as clothing, makeup, and toiletries. A home insurance policy will also help you replace any appliances, furniture, and other household items damaged or destroyed by a fire, vandalism, or a natural disaster. It is much better to be prepared with a good home insurance policy than to wait and not have any coverage if something bad occurs.

A home insurance policy can also cover items stolen because of a theft incident or a burglary of your house. These are all important reasons why you should have home insurance in place.

Also, if you owe money to a lender for your home, your lender will likely require you to have home insurance coverage to protect their own investment in your property.

You will want to remember that a standard home insurance policy typically does not cover things like earthquakes and floods. This means you will have to work with your insurance agent to add these policies to your home insurance policy to ensure you have coverage in every way you need it.

Contact West Texas Insurance Agency

To create the best home insurance policy for you and your situation, contact the experienced and knowledgeable home insurance agents at the West Texas Insurance Agency, serving the Amarillo, TX area. Call today to get a quote and get your policy started!

You should be well informed about any home insurance misconceptions out there. Homeowners in Amarillo, TX can rely on us at West Texas Insurance Agency to get the information they need to insure their homes.

The following are four common misconceptions about home insurance coverage. 

Your home insurance policy covers all of your valuables. 

While any home insurance policy generally offers some coverage for personal property, personal property coverage on your policy won’t necessarily be enough for the full amount of your most valuable possessions. 

If you have especially high-value items in your home, you might want to invest in some added personal property coverage on your policy. 

Your home insurance policy offers medical payment coverage for you and your household.

The medical payment coverage on a home insurance policy covers medical bills for guests in your home that become injured on your property. Your policy won’t cover your medical bills if you become injured in your home. 

Home insurance compensates you for any natural disaster damage.

Unfortunately, standard home insurance doesn’t usually cover certain types of natural disaster damage. For example, standard home insurance doesn’t usually include earthquake and hurricane damage coverage.

Suppose you live in an area where certain natural disasters are especially likely. In that case, you should invest in add-on coverage to ensure that you are covered for damages resulting from these natural disasters. 

You’ll pay less if you’re insuring an older home.

It’s not always less expensive to insure an older home. Older homes can be more costly to insure in certain situations because they may be more expensive to repair. 

Call West Texas Insurance Agency today to get a policy quote from us. We’ll insure your home in Amarillo, TX so that you enjoy financial security and peace of mind. 

Is your home the most valuable thing you own? Do you live in or near the Amarillo, TX area? If so, the West Texas Insurance Agency professionals can provide the protection your home needs.

Most of us will never have an asset as valuable as our home. What would happen if it was destroyed by nasty weather? Or if a visitor to your home was injured or bitten by your dog? A financially devastating lawsuit could be the result.

Homeowners insurance protects a private residence, which covers losses of personal property, the loss of use, and liability insurance for injuries that could occur on your property.

Homeowners insurance coverage protects the equity that has accumulated on your property. Equity is the difference between what you owe and the property’s value. As you make improvements to the property, the equity in your property increases.

Not all events are covered by homeowners insurance, however. Some of these exclusions are:

• Acts of war
• Earthquakes
• Floods
• Infestations, including termites
• Mold
• Nuclear accidents
• Sewer backup
• Water damage

You may wonder why you need homeowners insurance coverage for your home if it is mortgage-free. As the most valuable asset you have, it needs protection. If a covered event happens and you do not have this coverage, you risk losing your home.

If a visitor happens to get injured on your property and a lawsuit ensues, whatever the cash settlement of the claim is, you will pay out of pocket. Homeowners’ insurance will prevent that.

Don’t risk losing this valuable asset. The protection it provides is far more valuable than the small cost you will pay for this coverage.

Let the professionals at West Texas Insurance Agency answer any questions you may have or provide you with a quote for this coverage. Contact our office today. You will be glad you did.

Are you a first-time home buyer? If so, you may wonder what type of home insurance is best for you. While the answer to that question will vary depending on your specific situation, some general tips can help you get started.

1. Don’t Skimp on Coverage

You don’t want to skimp on coverage when it comes to home insurance. After all, your home is likely one of your most significant investments. Ensure you have enough coverage to protect your investment in a fire, severe weather, or other disasters. This way, you can rest assured knowing your home is adequately protected.

2. Consider Replacement Cost Coverage

In addition to basic home insurance coverage, you may also want to consider replacement cost coverage. This coverage will help you replace your home, if destroyed, up to your policy’s limit.

3. Choose a Reputable Insurance Company

Choosing a reputable insurance company is important when selecting a home insurance policy. This way, you can be sure you’re getting the coverage you need at a price you can afford. Be sure to research and compare different insurance companies before making a decision.

4. Review Your Policy Regularly

Once you have a home insurance policy, you must review it regularly. This way, you can make sure the coverage still meets your needs. As your situation changes, so too may your insurance needs.

5. Understand Your Deductible

Your home insurance policy will have a deductible, which is the amount you’ll need to pay out of pocket in case of a claim. Be sure to choose a deductible you can afford if you need to file a claim.

Get Home Insurance in Amarillo, TX

If you’re a first-time home buyer, choosing the right home insurance policy is important. West Texas Insurance Agency can help you find the coverage you need at a price you can afford. Contact us today for a free quote.

Getting home insurance for your home is a wise move. However, it’s critical that you choose the right policy for your needs. A home insurance policy that works for another homeowner might not work for you. Here’s how to pick the right home insurance policy for you.

1. Determine Your Priority Home Insurance Coverages

As a resident of Amarillo, TX, several home insurance coverages are available to you besides the typical dwelling, and you need to determine your priority coverages. If you have a guest house, tool shade, fence, or other structures in your home, you will need other structure coverage on top of your basic dwelling coverage. Liability coverage should also be a priority if you typically host parties or have many guests in your home. You can also get loss-of-use coverage, which reimburses the extra living and storage expenses you incur if you have to live elsewhere when your home is being renovated or rebuilt after an incident. At West Texas Insurance Agency, we suggest you pick a home insurance policy with all your priority coverages.

2. Pick the Mode of Reimbursement That Works for You Best

Home insurance policies are available with two reimbursement modes, cash value and replacement cost. A cash value policy will settle your claim based on the actual value of your assets and items with depreciation considered. For example, if your 10-year-old television is destroyed, you will get compensated what the television was worth after considering ten years of depreciation. On the other hand, a replacement cost home policy will replace your items and assets with new ones. Most homeowners in Amarillo, TX, go for the replacement cost home policy because it enables them to maintain their standard of living. However, it’s costlier than a cash value home policy.

Are you an Amarillo, TX, resident looking for home insurance? Contact West Texas Insurance Agency for the best home insurance deal.

In the world of insurance, home insurance is one of the most important coverages you will ever invest in. This policy protects your most valuable asset when the unexpected strikes. But what exactly does home insurance from West Texas Insurance Agency cover? When you buy home insurance for your Amarillo, TX home, it covers the below key areas.

Covers the structure

Protecting the building is one of the most common reasons why most homeowners buy home insurance. Home insurance covers your dwelling’s foundation, walls, roofs, electrical and plumbing system, etc., from perils listed in your policy. However, remember that the land upon which the building sits isn’t covered by home insurance.

Protects the personal assets

Home insurance covers the dwelling and protects the contents inside the dwelling. Home insurance covers personal property, including electronics, furniture, clothing, appliances, and so on. However, home insurance provides limited protection for high-value items like fur and jewelry, but you can purchase riders or add-ons for optimal protection.

Provides liability protection

One of the most critical components of home insurance is liability coverage. When third parties accuse you of bodily injury and property damage, the ensuing costs can quickly stack up. Worse yet, if sued, the liability costs can be too costly for your pocket. However, liability claims aren’t much of a headache if you have home insurance.

Covers additional living expenses

Suppose a peril like fire or any other listed in policy makes your home unlivable. As a result, you may have to look for a temporary shelter as your home undergoes repairs. The temporal shelter may include a hotel, which results in incurring costs like accommodation, food, laundry — something you hadn’t planned for. Luckily, home insurance covers “loss of use” expenses until your home becomes livable again.

Buy home insurance today!

Ready to get started with home insurance? If you are in Amarillo, TX and its environs, please contact West Texas Insurance Agency for a competitive quote.

A home inventory is the first step in purchasing homeowners insurance. This document catalogs your possessions. If you are forced to make a claim, a home inventory will speed up the process and help increase your pay out.

That’s why West Texas Insurance Agency encourages its clients to start here. Serving Amarillo, TX, these professionals share seven steps for creating a comprehensive home inventory.

Organize by room or area

Break down your home into sections. Avoid getting overwhelmed by starting with smaller areas. Find a process that makes the most sense for you.

Record basic information

Write down descriptions of each item. At a minimum, this includes purchase dates and approximate prices. Jot down the makes, models, and serial numbers of electronics and appliances as well.

Group similar items

There’s no need to list everything individually. Lump low-cost goods, like clothes, together. Assign a total value for the entire group.

Take pictures and video

It pays to have some visuals. These will speed up any claims. In addition to being a reminder of what you own, these pictures and video document belongings before they’ve been damaged.

List expensive items separately

Jewelry, collectibles, and other high-end items often require additional coverage. Make a note of these items and then consult an agent.

Incorporate technology

Work smarter, not harder. Home inventory apps, like Sortly or Nest Egg, make this process easier. Users can organize info, scan barcodes, and upload images.

Update often

Review your inventory regularly. While it’s great to keep digital records, print out hard copies as a backup. Store these somewhere other than your home just in case.

Contact an agent serving Amarillo, TX

After completing your home inventory, reach out to West Texas Insurance Agency. Using this information, these agents will find a personalized homeowners policy that’s right for you.

West Texas Insurance Agency assists the Amarillo, TX community, as well as the surrounding areas. For over 15 years, we have strived to help our clients find coverage to meet any need. We treat our clients like family, and we hope to establish a long-term relationship with you.

How Water Damage Impacts Home Insurance

Your Amarillo, TX home is your personal sanctuary. Home insurance helps you protect your most valuable asset. You are covered if your home suffers significant damage due to inclement weather or an accidental fire. All of your personal items inside the home are covered if they are stolen. However, you may need to add extra coverage if you have luxury items such as paintings or fur. That is the only way to fully cover those items. Liability coverage protects you if a guest is injured while visiting your property or if you damage your neighbor’s property.

Generally, your home insurance covers water damage to your property. You are protected if there is an accidental leak due to a burst pipe. However, it’s important that you take care of your property. You are not protected if your home’s issues are caused due to poor maintenance. You may also be left unprotected if your home is damaged due to a leaky drain or sewage backup. You can add flood insurance to protect your home against issues created by overflowing rivers, lakes, and oceans. Research your policy carefully to see which water damage is covered and potential areas where you may be left unprotected.

West Texas Insurance Agency Will Help You Protect Your Assets

Visit our website to learn more information about home insurance.

There is satisfaction in owning a home and unexplainable freedom if it’s the right one. But buying and owning a home also means purchasing homeowners insurance to protect your family and belongings. While in Amarillo, TX, the law doesn’t require you to have home insurance, it still serves your interest to have a policy. As West Texas Insurance Agency, we will guide you on useful insurance tips to consider as homeowners.

Research and Get the Facts

Gather relevant information when you find a home to determine its potential insurance requirements and costs. With the plumbing, electrical, landscaping, construction, and other maintenance costs, it is easier to affect your premiums. It is important to review and get facts about the costs before settling for a home insurance policy.

Know Your Limit

It is easier to go over your premium limits than it is to get underinsured as a homeowner. It is essential to understand your premium limits and what they will cover before buying a policy. Let your home’s market value reflect the potential amount you can get in coverage and monthly premiums to pay.

Work Towards Complete Coverage

Most home insurance policies only cover your home’s structure and part of your personal belongings. This is, however, not satisfaction in a home with kids and seniors. As a new homeowner in Amarillo, TX, you should work towards complete coverage for better results.

Seek to Protect Your Financial Assets

Did you know a home insurance policy could go a long way into covering your financial wellbeing? The focus should be on repairing and replacing your property and also on your financial assets through liability coverage.

Secure and Keep Your Records Current

Accidents, emergencies, or the unthinkable can occur, and the only option can be filing a major insurance claim. As a homeowner, ensure you have up-to-date records of everything in your house, including its structural condition. This is vital as it will, in the long run, affect the relevance of the policy you have.

The information you have about home insurance can affect the decisions you make. For professional guidance and more helpful tips, contact West Texas Insurance Agency today and meet your goals.