When comparing Houston home insurance quotes, keep in mind that cost isn’t the only factor to consider. You can also save as much as $414 per policy by comparing several Houston home insurance quotes. The cost of homeowners insurance in Houston is approximately $1,697 per year, which is higher than the national and Texas averages. Getting several home insurance quotes is a good way to find the best price for your particular situation.
The best way to compare Houston home insurance quotes is to evaluate the different policies offered by each company. HO1 policies are typically the least expensive, but offer less coverage. HO2 policies are more common and offer the most coverage. The HO3 All Risk Insurance Policy is considered the Cadillac of insurance policies. Regardless of the type of policy you choose, it is important to compare different quotes so you know exactly what you’re getting.
In addition to coverage options, another factor that affects the cost of your Texas homeowners insurance policy is the type of construction material of your house. A brick or frame house is more likely to withstand earthquakes, and so are people living in the West. Building with appropriate material can save you as much as 5% on your policy. In addition, you’ll be able to save money by making sure your home is protected from theft and other damages.
While Houston has a relatively low crime rate, there are some factors that should be considered before making a final decision. Houston has an average credit score of 642. Because insurance companies use credit scores to determine risk, a bad credit history could result in higher premiums. In the end, home insurance is a good investment for homeowners, as it covers the contents and the dwelling against many perils. A typical policy costs about $317 a month.
Getting the best home insurance Houston Texas policy depends on several factors. First, you must have a clear idea of the cost of rebuilding your home. Remember that the market value of your house is not the same as its replacement cost. You may want to contact a construction specialist to find out how much your home would cost in a rebuilding process. A qualified contractor will be able to give you an exact estimate of the costs involved.
Another important factor to consider when getting a Houston home insurance policy is your credit score. Many Texas homeowners have had their credit scores affected by the recent economic downturn. While this shouldn’t affect your ability to get a mortgage or car insurance, a bad credit score can hurt your financial situation. Homeowners may also have a history of filing claims, but that doesn’t mean that this shouldn’t be a factor when comparing Texas home insurance quotes.
Fortunately, Texas Farm Bureau offers affordable insurance. They also offer personalized customer service and recommendations from a Houston home insurance company. In Houston, the cheapest home insurance is offered by Farmers, which quotes around $415 per year, about half the national average. The company also offers discounts for teachers, nurses, first responders, and non-smokers. If you’re interested in green home rebuilding, Farmers is an excellent choice.