Homeowners Insurance in San Antonio, TX

Accidents at home can be sudden and costly. Homeowners insurance is a smart way to reduce personal expenses for recovery and repairs after a covered event.

What Is Homeowners Insurance?

Standard homeowners insurance, or an HO-3 policy, is an agreement between you and your insurance company. By paying monthly premiums, your insurer may agree to provide financial support if an accident occurs in your home. This policy may cover unforeseen events such as fires, theft and vandalism.

Depending on the incident and your coverage, you might need to pay a deductible, which is anthe out-of-pocket amount, before your insurance covers the rest. Your policy may also have coverage limits.

What Does Homeowners Insurance Cover?

Standard homeowners insurance policies typically include these common coverages:

• Dwelling coverage may pay for repair or rebuilding costs of your home if it’s damaged or destroyed by events like fire, hail or lightning. Bear in mind that this doesn’t usually cover damage from floods, earthquakes or normal wear and tear.

• Other structures coverage may help with repair or replacement costs of other structures oin your property, including fences and sheds.

• Personal property coverage may cover items like clothing, furniture and sports equipment if they’re stolen or damaged by a covered loss.

• Liability protection may cover legal fees and damages if you or your family members cause injury or property damage to others, including pet-related incidents. It may pay for legal defense and court awards up to the policy limit.
• Additional living expenses may reimburse you for temporary accommodation, restaurant meals and other related costs if your home becomes unlivable due to a covered loss.

While the above coverages are the most common, you may purchase additional coverages, such as earthquake or flood insurance, for more extensive coverage.

Get Covered Today

If you own a home in San Antonio, Texas, we are here to help. The team at McLoughlin Insurance Agency is committed to helping you find your optimal homeowners insurance policy. Contact us today to get started.