Liability Auto Insurance

by Administrator 25. May 2018 10:42

Tags:

Things To Consider Before Taking Home Insurance

by Administrator 22. May 2018 14:15

The right type of home insurance is an important investment that every home owner has to partake at one point or another. It is the best way to protect an investment as big as your home and an asset as precious as your family from different perils.

Here are some factors to consider before taking a home insurance

  • The Rebuilding Cost: To get the most of any form of financial protection for your home, it is important to estimate the building cost of your home. You can then avail building insurance for the best financial protection from certain unavoidable calamities. When choosing a building insurance, you should have a correct estimate of the rebuilding cost.
  • Value Of The Contents In The House: Do a room by room inventory of the contents and be careful not to underestimate their value in order to get a decent claim. When performing this inventory, be sure to take note of which items you wish to be covered both when they are in the house as well as outside the house. Valuable jewelry is an example of this, where it is best to get coverage despite where the item is lost or damaged, by adding an “away from home” cover.
  • Individual Item Coverage Limit: Another important consideration is that some policies have a cap for individual items, beyond which the item will not be covered. If you have an item that is of more value than this cap, specify this to your insurer.
  • Covering Accidental Damage: Most home insurance policies cover accidental damage under their basic policy. Damages caused to the drains, pipes, glass, bathroom fittings etc. are examples of the accidental damages covered by most home insurance policies. However, some policies might require you to add on accidental damage, as it is not part of the basic plan. You also must ensure that the plan includes legal coverage if someone gets injured while on your property.
  • Loss Or Theft Of Keys: One of the most common problems that is faced by homeowners is the loss or theft of keys. This requires ordering replacement keys and breaking existing locks. Make sure that you do not have to pay out-of-pocket if this happens, by adding this coverage to your home insurance plan. Some companies have a limit on how much they will pay for key-related costs, so make sure you are aware of this.
  • Transportation And Accommodation Costs: If your house becomes inhabitable due to the damage that you seek coverage for, you want to be sure that you and your family are safe while these damages are being fixed. The best way to do this is to ensure that transportation and accommodation costs are a part of your home insurance.


To get affordable home insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags:

Car Insurance: What Does It Cover?

by Administrator 17. May 2018 06:27

Tags: ,

Renters Insurance: What To Know

by Administrator 27. April 2018 12:11

Tags: ,

Coverage Options For Boat Insurance

by Administrator 23. April 2018 12:09

Tags: ,

Beginners Guide To Home Insurance

by Administrator 19. April 2018 07:25

Our home is one of the most valuable asset that we own. Buying a home involves a lot of money and emotions. With so much at stake, it is wise to get your home and belongings insured against losses that might arise due to natural calamities, thefts, fire etc. Even mortgage companies prefer buyers who have insurance coverage on their homes.

Why Buy Home Insurance?

Home insurance is bought for property coverage, liability coverage and for mortgage lenders. It covers your home’s physical structure and personal property in it. It covers your personal legal responsibility for a third party who could have been injured or killed on your property premises. It is also easier for you to get a loan on the basis of home insurance.

What Does A Home Insurance Policy Cover?

The following perils are generally covered:

  • Theft/vandalism
  • Loss due to civil unrest
  • Fire & smoke
  • Windstorms, thunderstorms, hail etc.


What Is Not Covered?

The following perils are usually not included in the basic coverage:

  • Floods
  • Day to day wear and tear
  • Deliberate damage


Kinds Of Coverages

Shawn Camp Insurance Agency, Inc. in Killeen, TX offers a number of coverage options to their clients such as –

  • Dwelling – It provides for any damage to the house.
  • Personal Property – The coverage option covers all the valuable possessions inside the house at the time when an uncertain event took place.
  • Other Structures – It protects all the other structures attached to the property such as garage, shed etc.
  • Loss Of Use – The living expenses which the person pays for while their house is being repaired is provided for under this coverage inclusion.
  • Personal Liability – It protects you from the costs that arise due to a legal lawsuit filed by a person who got injured on your property premises.
  • Medical Payments – It provides for the medical bills that arise when someone suffers an injury on your property.

Determination Of Premium

Your premium will be determined by the amount of insurance coverage you buy. It will also depend on the material of your house (brick or wood), its age and condition, whether you own high risk outdoor amenities etc. You can reduce the amount of premium with strategies such as:

  • A good credit history
  • Maintaining a single insurer
  • Bundling your insurance
  • Using safety devices at home
  • Improving your home’s disaster resistance
  • Availing multiple policy discounts


We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags:

Homeowners Insurance Myths

by Administrator 28. March 2018 09:19

There are many myths and misconceptions around the topic of home insurance. These myths if not cleared can result in unwanted costs in the form of overpaying for policies and not getting the right coverage. Buying a home insurance policy is the best way of protecting your home from natural disasters and factors like theft, floods etc. The following is a list of common myths surrounding home insurance.

  1. Home Insurance Is Limited To My House Only - A home insurance policy covers your house, its contents, living expenses for an inhabitable house and personal liability exposures.
  2. Covers The Market Value Of A House - A home insurance covers the rebuilding/replacement value of a house and not its market value.
  3. Insurance For Older And Inexpensive Homes Is Cheaper - The home insurance of older homes is in fact more expensive as the chances of certain home systems to fail are higher.
  4. Home Insurance Covers Damage By Termites And Insects - Most home insurance policies generally do not cover damages by termites and insects. You will have to inquire whether the policy you have chosen covers these factors.
  5. A Home Insurance Covers The Costs Of Intentional Damage - No, it does not cover costs that ensue due to injuries or damages caused by an act which you initiated, such as a fight with someone. It only covers damage due to accidental and unintentional injury caused to someone on your property.
  6. Home Insurance Covers Costs On Upgrading My House - A home insurance does not cover any cost associated with maintaining your house. It also does not cover damages caused to the house due to poor maintenance such as mold. It can only compensate you for expenses incurred in rebuilding it in case of damage due to an unforeseen event such as fire or theft.
  7. Creating An Inventory List Of Your Possessions Is A Waste Of Time  - Homeowners insurance provides for personal property insurance and covers for the possessions within the house. So, it is important to create an inventory of all the valuable possessions in your home so that you can file a claim in case a loss arises.


For affordable home insurance in Killeen, TX, contact Shawn Camp Insurance Agency, Inc. We are located at 2705 E. Stan Schlueter Loop, Suite 101, Killeen, Texas 76542. You can also call us at (254) 526 – 0535.

Tags: ,

Things Every Homeowner Should Know About Home Insurance

by Administrator 24. March 2018 10:52

Tags:

How To Choose Your Motorcycle Insurance Wisely

by Administrator 16. March 2018 13:47

Tags: ,

Coverage Included In Homeowner's Insurance

by Administrator 27. February 2018 07:00

Tags: ,