How your insurance company will deal with damage caused by a fallen tree.
Homeowners insurance policies will provide coverage for damage that is caused to your house during a strong windstorm. However, do you know if your home insurance policy will also provide coverage if that windstorm causes a tree to fall on your house? Keep these tree damage and homeowners insurance considerations in mind to ensure that you have the right amount of protection.
If a tree falls on your house, or any other structure on your house, your homeowners insurance policy will kick in and provide coverage. Your home insurance policy will provide coverage for any personal belongings that were damaged as well as the structures, up to the limits of your policy.
If a neighbor’s tree falls on your house during a storm, filing an insurance claim can be a little more confusing. If the tree was healthy and well cared for, your own home insurance policy will take care of the damage. However, if you are able to prove that the tree as dead or diseased, your insurance company will most likely try to collect a payout from your neighbor’s homeowners policy through subrogation. If your insurer is successful and able to get a payout from the other company, you will be reimbursed for your deductible.
When it comes to the clean-up of the tree, most homeowners insurance policies will only provide coverage for debris removal if the debris is what actually caused the damage. If the tree fell on your property and did not cause any damage, you will be left paying for the clean-up on your own.
Contact the Insurance Agency of Dean Davis in Austin, Texas for all of your homeowners insurance needs to ensure that you have the right amount of protection for any damage done during a storm.
Home Insurance Factors
Your homeowners insurance policy is most likely one of the most important insurance policies you have since it protects your most valuable assets – your house. To ensure that your home insurance is working best to protect your house and assets, take the time to fully understand these policy factors.
- Deductible – your deductible is the amount that you will have to pay out of your pocket before your coverage will kick in. Choose a deductible that you can comfortably afford at any moment in case of an accident.
- Premiums – this is the amount that you will pay for your coverage each month. One of the best ways to keep your premium affordable is to choose the highest deductible that you can comfortably afford.
- Discounts – just like all of your other insurance policies, there are plenty of discounts that are available to help lower the cost of your policy. Talk with your insurance agent to see if you are taking advantage of all the discounts that you qualify for.
- Liability limits – your liability coverage will provide coverage for any legal fees that you incur when someone is injured while at your house. Make sure that your liability limits are high enough to protect all of your assets.
- Exclusions – even though your home insurance policy will provide coverage for many situations, it will not provide coverage for everything. Knowing what is excluded will help you figure out if you need additional insurance policies to stay protected.
- Renewal period – typical homeowners insurance policies will need to be renewed either annually or bi-annually. Choose the option that will work best for your finances and needs.
Contact the Insurance Agency of Dean Davis in Austin, Texas to ensure that your homeowners insurance policy is working its best to keep your home and family safe.
Insurance Terms 101
Deciding on the right auto insurance policy can be much easier said than done, especially when it comes time to understanding the various auto insurance terms. Keep this simple guide in mind to help make sure that you choose the best auto insurance policy for your specific needs.
- Comprehensive – sometimes called “other than collision coverage,” comprehensive coverage will provide protection for damage that is done to your vehicle in an incident other than a crash, such as theft or fire. While comprehensive coverage is not a required coverage, it can help to save you hundreds or thousands of dollars.
- Property damage liability insurance – if you hit another car or any other piece of property, such as a mailbox, your property damage liability insurance will cover the cost of the damages. Keep in mind that property damage liability will not provide any protection for damage that is done to your car during the accident.
- Bodily injury liability insurance – this coverage option is required by law, and will provide coverage for any injuries that you cause to another driver during an accident. It is important to remember that bodily injury liability protection will not cover your medical bills if you are injured.
- Deductibles – your deductible is the amount that you will have to pay out of your own pocket before your auto insurance coverage will kick in, so make sure that you choose a deductible that you will be able to afford.
For all of your auto insurance needs, contact the insurance professionals at Dean Davis Insurance in Austin, Texas. As an independent insurance agency, we will work with you to ensure that you have the right amount of coverage for your needs, all at the right price to fit your budget.
Auto Insurance Saving Tips
Any time you can save money in your daily life it can help you be more financially secure. While cutting down on the number of lattes you buy each week can help to pad your savings account, taking a look at your car insurance policy to see if you can shave off any expenses can help to save you even more. Keep these cost reducing auto insurance tips in mind to help you save some green this spring.
- Shut your sunroof – opening your sunroof while you are driving around is a great way to take advantage of the spring weather. However, leaving it open while your car is parked can leave you vulnerable to interior damage. If you do not have comprehensive coverage with your auto insurance, you will be left paying for the damages out of your own pocket. Even if you do have comprehensive coverage, you may still be liable for the damages. Keeping your sunroof closed while you are parked can help you avoid any damage.
- Check your mileage – the more miles you drive each year, the higher your auto insurance premiums can be, since you are more likely to be involved in an accident the more you are on the road. If you have significantly cut down on your yearly miles, such as if you retired and no longer have to commute to work, you may be able to drop your auto insurance rates.
- Raise your deductible – like most of your other insurance policies, the higher your deductible, the lower your monthly premiums. However, keep in mind that you will have to pay your monthly premiums out of your own pocket before your insurance coverage kicks in, so choose a deductible that you can afford.
For all of your auto insurance needs, contact the insurance experts at Dean Davis Insurance in Austin, Texas.