Houston’s Insurances Companies


Today, Texas has the highest insurance rates in the US. That is puts them over Louisiana by 25%. One local company has increased rate on average of 25%. This brings the average cost of home owners insurance up $ 190 to nearly $ 950.

There are some homeowners who buy dwelling policies that only cover the structure of there home, but most Texans buy a Texas Homeowners Policy that combines five different types of coverage. Those five include: dwelling, personal property, personal liability, medical payments to others and loss of use.

Texas insurance companies offer many types of polices for homeowners, each with a different coverage level. Three of the policy forms are HO-A, ho-c and ho-b. The policy will be exactly the same at all insurance companies but have different rates. The HO-A gives limited cash value coverage for the home and contents. The HO-B provides replacement coverage for most damages. HO-C does provide the most coverage but is more expensive than the others. Some companies may exclude coverage for some losses. If you live on the Gulf Coast, you may be covered for wind and hail.

You should consider the risk of flood in the area when you are looking at a property in Texas. The cost of insurance will be more expensive for property in those areas. The Houston area has a very high risk of flooding. The city is at risk for hurricanes with large surges and rainfall. The elevation is close to sea level and the clay-filled ground does not absorb water well. There are many rivers, streams and channels that pass through Houston on the way to the Gulf bring lots of water in the area. A lot of water can possibly cause mold and has in the past. Make sure to read fine print in policies to find out if mold is coverage in your area.

The insurance companies are trying to keep homeowners policies low but with the falling auto insurance business they are having to raise rates on home insurance to be able to make some kind of profit. Do take in consideration multiple policies. Discounts are usually given when you include more than your home, like your car. And the longer you stay with an insurance company, the more like you are to receive a discount. Make sure to look online for home insurance. You only get what they offer when you call an insurance company directly. Forces companies to Competition offer the lowest rates possible.

Houston, Texas provides also many things to many people. Residents are able to find affordable health insurance in Houston, Texas, too. Fortunately, Texans have several options when searching for affordable health insurance in Houston, Texas. Try following these steps. Continue your health insurance with COBRA. If you are a Houston, Texas resident who has lost his job, COBRA (otherwise known as the Consolidated Omnibus Budget Reconciliation Act of 1986) should be the first alternative you consider. Under COBRA, Houston, Texas residents can remain covered by their former employer-sponsored health insurance for up to 18 months after they have lost their jobs. Not covered under COBRA? Texas has certain health insurance continuation rights for those residents who are either not eligible for COBRA, or who have maxed out their time being covered under COBRA. The health insurance continuation rights allow you to stay covered under the same health insurance policy for another six months. Exhausted your COBRA benefits and state continuation rights? Perhaps it is time to look at the Texas Health Insurance Risk Pool. If you have reached your limit of COBRA benefits as well as your health insurance state continuation rights, you may be eligible for the Texas Health Insurance Risk Pool. Of course, you must have maintained some form of health insurance for the previous 18 months, and no break in coverage can be longer than periods of 63 days.

Feeling too financially stressed for any of the above options? Look into the TexCare Partnership, which offers affordable health insurance to Texans based on family size and income.

For more information about these ways to obtain affordable health insurance in Houston, Texas, contact the Texas Department of Insurance. You may even find that you are eligible for other means of affordable health insurance, too.

The insurance companies are trying to keep homeowners policies low but with the falling auto insurance business they are having to raise rates on home insurance to be able to make some kind of profit. Under COBRA, Houston, Texas residents can remain covered by their former employer-sponsored health insurance for up to 18 months after they have lost their jobs.

Texas has certain health insurance continuation rights for those residents who are either not eligible for COBRA, or who have maxed out their time being covered under COBRA. The health insurance continuation rights allow you to stay covered under the same health insurance policy for another six months.

If you have reached your limit of COBRA benefits as well as your health insurance state continuation rights, you may be eligible for the Texas Health Insurance Risk Pool.

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