What every new homeowner needs to know about home insurance

Buying a home is what 65% of Americans define as the American dream and that number is on the rise. Buying a home is just the beginning. Keeping it safe becomes your next challenge. Home insurance can be customized to suit your needs and having an independent insurance agent who knows you and your home insurance needs really helps. In Waco, TX, Ross Insurance Agency has 15 years of friendly and reliable service. 

Home insurance is customizable

You don’t have to have the exact amount of coverage as everyone else. Take the time to talk to your insurance agent and make sure that all parts of your home insurance policy are what you need. 

Home insurance doesn’t cover everything

You may be under the mistaken impression that you are 100% safe with home insurance and while you will have great coverage, it has its limits. Not only are some specific categories of insurance content limited (like jewelry) but some things are excluded from coverage altogether, like floods, earthquakes, and sewer backups. 

Read your declaration page

Your home insurance comes with a declaration page that will give you a lot of information about your insurance at a glance. If you have questions about the meaning of some of the coverage, ask your insurance agent to explain it to you. 

Know what your deductible is

Your policy comes with a deductible and maybe even more than one. You need to know what they are and what they apply to. 

Choose your content coverage wisely

Content coverage comes in two varieties; actual value, and replacement. With one, you get the current value of older items; with the other, you get to replace things at today’s cost. Choose carefully!!

In Waco, TX, contact Ross Insurance Agency when you are looking for a team of experienced insurance agents.