Homeowners Insurance Information
Homeowners Insurance in Sherman, TX & Denison, TX
Affordable Home Insurance Throughout Texas
At Diamond Insurance Group Inc., we understand that your home is a safe haven and must be protected. Our insurance professionals are determined to bring you comprehensive home insurance policies at affordable prices so that you can protect what you own without breaking the bank.
What Does Home Insurance Cover?
A comprehensive home insurance policy from Diamond Insurance Group Inc. may include:
Dwelling Coverage: Dwelling coverage provides compensation for damages to the physical home and its attached structures due to fire, wind, hail, lightning, smoke, theft, vandalism and more.
Personal Belongings Coverage: Personal belongings coverage provides compensation for damages to or loss of your personal belongings due to fire, wind, lightning, smoke, theft, vandalism and more.
General Liability: General liability provides compensation for bodily injury and property damage you or a family member may cause someone else. This may cover medical expenses for the victim and your legal expenses in case of a lawsuit.
Additional Living Expenses: Additional living expenses (ALE) cover costs related to temporarily moving while the home is being repaired or rebuilt after a disaster.
What Does Home Insurance Not Cover?
Unfortunately, a basic home insurance policy won’t cover everything. Damages caused by floods and earthquakes are often excluded from home insurance and must be covered additional insurance. Certain items also have limited coverage under personal belongings insurance, such as jewelry, art and furs.
Home insurance also will not cover any negligence on behalf of the homeowner. For example, if your roof leaks and it is discovered that shingles were missing but not replaced, a claim may be denied because the damage could have been prevented.
How Much Home Insurance Do I Need?
Every home is different and requires a different amount of home insurance. In general, it is recommended that you carry at least 80% of your home’s total replacement cost value in home insurance.
Insure with Diamond Insurance Group Inc.
Don’t wait for a bad storm to buy home insurance. Connect with an agent at Diamond Insurance Group Inc. at 903-891-4646 today or fill out an online quote form for a free quote to get started.
Frequently Asked Questions
When is Home Insurance Required?
Home insurance is generally required by a mortgage lender up until your home is paid off. Even when your home is paid off, however, home insurance is important to keep your home safe in case of an accident or disaster.
When to Buy Home Insurance?
You should purchase home insurance before signing on your home to ensure that you have coverage before moving in.
Why Get Home Insurance?
Home insurance is crucial to protect your family, your belongings and your home no matter what. In case of accidents, home insurance can help you from facing a large financial burden all on your own.