Landlord Insurance
Can You Have Two Different Home Insurance Policies on the Same House?
You can insure the same home with two different policies, but the real question is whether you should. For most homeowners, doubling up on coverage doesn’t double your protection. Instead, it usually creates extra paperwork, slower claims, and higher premiums without meaningful benefits. In this guide, we’ll walk through how dual policies actually work, why…
Read MoreDoes FEMA Flood Insurance Cover Second Homes? What Homeowners in Texas Should Know
Many Texans assume FEMA will repair or rebuild their vacation home after a flood, but that’s not how government assistance works. If you own a lake house, beach condo, or investment cabin, FEMA will not step in with grants after a disaster. Your second home needs its own flood insurance policy because FEMA assistance only…
Read MoreCan You Change Insurance Agents Within the Same Company?
You can switch insurance agents without changing companies by submitting a Broker of Record letter. Your coverage stays the same while your new agent handles service and support. It’s a simple way to get better communication, guidance, and overall insurance experience.
Read MoreComprehensive Guide to Flood Insurance in Texas: Protecting Your Home from the Unpredictable
In Texas, as in most parts of the U.S., standard homeowners insurance policies do not cover flood damage caused by external sources, such as heavy rains, storm surges, or the overflow of rivers and lakes. If you want protection from flood damage in Texas, you typically need to purchase a separate flood insurance policy. Here…
Read MoreAre Solar Panels Covered by Insurance in Texas? Full Explanation
Yes, many homeowners’ insurance policies do cover solar panels, but the exact nature and extent of that coverage can vary widely. Here are a few points to keep in mind: Part of the Dwelling or Personal Property: Depending on how the solar panels are installed and attached, they may be considered part of the dwelling…
Read MoreDoes Home Insurance Cover Earthquake Damage in Texas?
In Texas, as in most other states, standard homeowners’, landlord, and mobile home insurance policies typically do not cover damage caused by earthquakes. However, homeowners can purchase a separate earthquake endorsement or a standalone earthquake insurance policy to cover such damages. If you’re considering earthquake coverage in Texas, keep in mind: Coverage: Earthquake insurance typically…
Read MoreDoes Texas Home or Landlord Insurance Cover Rodent Damage?
Home insurance policies can vary in terms of their coverages, exclusions, and limits. In Texas, as in many other states, standard homeowners insurance policies typically do not cover damage caused by rodents (such as rats, mice, and squirrels) under their basic terms. Here are some reasons why: Maintenance Issues: Insurance often considers rodent infestations a…
Read MoreRenting Out a Room in Texas: What Homeowners Need to Know
If you’re a homeowner in Texas looking to boost your monthly income by renting out a room, you’re tapping into a lucrative opportunity. However, this decision can significantly alter your insurance needs. Here’s what you should consider: Renting Out Your Home – Short-Term Rentals: If you’re renting out a room for short periods (e.g., a…
Read MoreHow Does My Mortgage Escrow Pay My Home Insurance?
When you have a mortgage, your lender might require you to set up an escrow account to ensure that property taxes and homeowner’s insurance are paid on time. Here’s how the process typically works: Setting Up the Escrow Account: When you close on your home, your lender will often set up an escrow account for…
Read MoreHow Your Insurance Score Affects Your Home & Auto Premium in Texas
Summary: Your insurance score is composed of many factors and carriers look at them to determine how much you pay in premiums. One of the closest tied factors to insurance scores is credit scores. While carriers can use an insurance score to determine premiums, among other things, the Texas Department of Insurance (TDI) regulates these actions…
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