Insuring Your Unique Property To The Fullest

Coverage For Different Types Of Homes

Insurance premiums can be notoriously expensive, especially for certain types of homes. Whether you are insuring your home that is located in a disaster prone area or your second property, it is important to understand how the type of home and homeowners insurance in Coppell, TX relate.

Understanding Types of Homes and Homeowners Insurance Needs:

  • Since living in a disaster prone area inherently means that you will be exposed to more risks, many insurers will consider your home’s location in determining the most appropriate premium amount. In efforts to obtain a more affordable homeowners insurance premium, you can take proactive measures against common disasters to hit your area, such as installing hurricane shutters or securing straps.
  • Older homes are also more vulnerable to unique risks, meaning you may need to make some upgrades before receiving any break on your insurance premium. Not only are older homes made of less available materials, but they may also be lacking in terms of the plumbing and electrical systems.
  • Both vacation homes and vacant homes are typically more difficult to insure, as they are not always filled with residents. When any property is left alone for an extended period of time, it is more difficult to detect problems as soon as they arise, meaning more vulnerabilities.
  • If you have chosen to have any fun nuisances, you will likely see the ramifications in your homeowner’s insurance premium. For example, if you have a pool or a trampoline, chances are your insurance will be significantly more expensive.
  • Unfortunately, having a furry family member may also make your homeowners insurance more expensive. With dog bite liability claims continuing to top the charts for common expensive homeowners insurance claims, your carrier may dock you for your pup.

Serving Carrollton, Plano, Frisco, Coppell, and all of North Texas, contact Mike Leonard Insurance Agency for all of your homeowner’s insurance needs. We will help you obtain homeowners insurance in Coppell, TX so that you can feel confident in your home’s security.