What Home Insurance May Not Cover

When it comes to buying home insurance, you feel a sense of calm in knowing your home and the possessions in your home are safe. Especially if you have a great amount of coverage, you just know your home and possessions are covered no matter what. However, there may be some natural disasters and other situations that may not be covered in your homeowner’s policy. Thus, it will behoove you to make sure you are covered at every angle. And if you live in Texas, you may be surprised that natural incidences, like windstorms and hail, may not be covered in your policy. 

Things that Home Insurance May Not Cover

Whether you live in Austin, TX or another area in Texas,  insurance regulations, which are subject to change sometimes, are governed by the state.  Having said this, it is crucial to contact very reliable, trustworthy, and experienced insurance professionals, and Ty Lawrence Insurance Agency is the one to turn to.  

Every homeowner policy is not rated the same. Some may have extra coverage; however, it still may not adequately cover all that is needed: The following includes some surprising things that are not covered by home insurance: 

  • Floods

Flood damage is not covered by standard homeowners insurance. For insurance purposes, a flood is defined as water that enters the home from outside at ground level

  • Wind Damage- in some cases, additional coverage may be required for wind damage especially in areas with high risk of tornadoes or hurricanes. 
  • Expensive Personal Property
  • Prescription medicine
  • Wear and Tear
  • Family Pets
  • Home Businesses
  • Injuries of Family Members
  • Preventative Maintenance- this is when/if the incident is deemed to be prevented by maintenance. 

Conclusion

Many homeowners don’t know that incidents, such as windstorms, hail, and floods, are not usually covered in their homeowners’ policies.  Contact Ty Lawrence Insurance Agency today. Located in Austin, TX, they have been serving central Texas for over 20 years now, so they know the ins and outs in regards to homeowners’ coverage and more.  

 

 

 

Things You Should Do Before Filing an Auto Insurance Claim

If you get into an auto accident in Austin, TX and need to file a claim, there are a few things you should know before filing.

First, locate your insurance policy and review it. Many times, you have gotten auto insurance and have forgotten about it, so you need to review it. Figure out how much your deductible is. You also need to figure out how long you have to file a claim.

Then estimate the amount of damage and decide if filing a claim is worth it. Your damage estimate should be free and you may be required to get multiple estimates by your insurance company. By having an estimate, you can determine if filing a claim is in your best interest. If the repair costs are going to be within your deductible, then you shouldn’t have to file a claim.

If someone was injured in the auto accident in Austin, TX, you need to file a claim no matter how much the damage is and if you can afford it without insurance. No matter how minor the injury may be, the injured can still come back and sue you later within the time limits. If you didn’t report the claim, then the insurance company can refuse to defend you and deny any payment. It can be expensive to defend yourself in court, so you don’t want to make this mistake.

When you are ready to file the claim, you need to call your insurance agent at Ty Lawrence Insurance Agency and have the details of the accident. Make sure you write the date damage occurred and have your policy number available. These two items will be needed at the time of filing a claim, so keep it handy.

Contact Ty Lawrence Insurance Agency to get a quote on auto insurance.