Is Home Insurance Mandatory?

Is homeowners’ insurance a legal requirement in Texas or is it something that you can live without? No, homeowners’ insurance is not a legal requirement and yes, it’s something you can live without but its highly recommended that you get homeowners’ coverage if you own a house. Homeowners’ insurance is not mandatory, but it’s essential. It protects you, the homeowner, from financial losses in the event of a disaster that leads to damage in your home.

Homeowners’ insurance is one of the most important coverages one can have. But unlike driving a car, one can legally own a home in Texas without homeowners’ insurance. However, it’s always a good idea to protect both the structure and contents in your home with insurance because you never know what’s going to happen. Noveri Insurance Agency in Houston, TX, provides reliable homeowners’ insurance coverage. This type of protection gives you the peace of mind you need to lead a happier life.

When Would I Be Required to Have Homeowners Insurance?

If you own your home outright, there’s no obligation, legal or otherwise, to have homeowners’ insurance. However, you may be required to purchase insurance for your home if you don’t own it outright. For instance, if you financed your home with a mortgage, your lender will require you to purchase coverage to protect your home from unprecedented events such as a fire or natural disasters.

Additionally, you may also be required to carry earthquake or flood insurance if you live in an area prone to any of these events. You will no longer be required to have homeowners’ coverage after you pay off your mortgage. It’s tempting to go uninsured, but it’s not worth it. It’s highly likely that you are going to need your home insurance coverage to protect you in the future. Get the coverage you need from Noveri Insurance Agency in Houston, TX. Give us a call for more information about homeowners’ insurance policies in the area.

3 Reasons Why You Should Have Homeowners Insurance

Owning a home is one of the most significant investments you can make in your life. So, there is need to protect it from unforeseen uncertainties with a comprehensive homeowners insurance from Noveri Insurance Agency in Houston, TX. When you buy a home for the first time, don’t wait until you suffer irreplaceable loses on your property before you consider acquiring home insurance.

Although most individuals know the importance of a home insurance policy, some don’t understand the specific areas that are covered. Here are the three main reasons why you should consider purchasing home insurance.

You Are Protected From Natural Disasters

Natural disasters such as fire, tornadoes, and hail are unpredictable and can happen at any time. You may end up suffering significant financial losses if such disasters strike and your home isn’t insured. This means you will have to start from scratch while rebuilding or repairing your damaged home. However, you may not need to worry if your home is insured since a standard home insurance policy protects you from such disasters. Floods and earthquakes are not typically covered under a standard home insurance policy.

Your Personal Property is Also Covered

It may be impossible to replace some of your expensive personal property if it is stolen or damaged. Apart from protecting the structure of your home, a standard home insurance policy also protects your personal property in Houston, TX or anywhere in the world. The policy covers personal property such as electronic equipment, furniture, clothes, and even silver and jewelry.

Offers Peace of Mind

Knowing that your home is protected allows you to concentrate on things that matter most in your life as you deal with day to day activities. Although nobody wants a disaster to strike, you will be at peace knowing that you’ll still have a place to call home even when the worst happens.

Talk to Noveri Insurance Agency today for a homeowners’ insurance policy. Our agents can help answer your questions and you can get a quote on home insurance by using our online rating tool. Reach out to our offices to get started.

Home Safety Tips While You Vacation This Summer – A Well Insured Home is a Safe Home

Like all Texans, we believe in doing it big at Noveri Insurance Agency in Houston, TX. Why would our vacations be any different? While you are away enjoying your well-deserved BIG vacation, there are a few things that you should bear in mind about the safety of your home.

  • Having a trusted friend or relative pick up your mail from your mailbox on a daily basis will keep up the appearance that you are still at home as usual. Even the postal person will not be aware that you are away.
  • Having a timer connected with your lighting system is a safe option. Having the lights come on at a certain time of night or having the television come on for a specified period every evening will give a would-be intruder the impression that the house is filled with people. Consider adding sensors to entrance ways and lower windows, if anyone comes too close to your home, a bright light may chase them away quickly. 
  • When determining how much your home insurance rate will be, most agencies consider the level of your home security system in the equation. Though no system guarantees your home will not be targeted, having an excellent security system in place will give you peace of mind and will a sense of security.

Come into the Noveri Insurance Agency office located conveniently in Houston, TX. There are many options that you can add to your Katy, Brookshire, or Houston home to make it safer and deter criminals from even looking at your home. We are here to help you feel comfortable while you are at home or when you are away. Talk with an agent to learn more about how a home insurance policy can protect your valuables in case of a break-in.