Category: Home Insurance

Things your home insurance doesn’t cover

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Home insurance fosters confidence about your home’s protection. It offers numerous types of coverage to safeguard you from lawsuits, fires, and other catastrophic events, but not everything that could go wrong. At Melvin Gessner Insurance Agency in Willis, TX, we are committed to ensuring our customers have the type and extent of home insurance they need. Always read your policy for exclusions.

Flooding

Flooding is probably the most surprising thing that isn’t covered by home insurance. If a pipe bursts inside your home, it likely will be covered. However, it isn’t covered if the river overflows its banks or a storm surges from the Gulf. Only an inch or two of water can cause thousands of dollars worth of damage to your home. However, you can purchase flood insurance through the NFIP (National Flood Insurance Program). If you are in danger, it is worth the cost.

Wear and Tear

Things age and thus break. Your home insurance does not cover these types of instances. If your roof gets old, you will need to replace it before it leaks. A broken furnace, too, is not covered. You can get appliance insurance, which might cover it.

Owner Neglect

As a homeowner, your insurance company assumes you will maintain your home. If you end up with termites or rodents, it’s the homeowner’s fault for not getting the correct preventative treatment.

Earth Movement

When the earth moves, whether it encompasses an earthquake, a sinkhole, a landslide, or a mudslide, your home insurance doesn’t cover it.

At Melvin Gessner Insurance Agency in Willis, TX, we will work with you to ensure you acquire exactly the home insurance you need and can afford. Call us today.

Home Insurance Stats and Facts Everyone Should Know

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Interested in learning more about home insurance? If so, you’ve come to the right place. We’ll cover a variety of important facts and stats regarding home insurance. If you have any questions or are looking for home insurance agencies that serve Willis, TX, contact Melvin Gessner Insurance Agency. We’d be happy to provide more insights.

Vital Home Insurance Statistics and Facts

Bankrate reports that around 6% of insured homes made a claim in 2021. Roughly 97% of these claims involved property damage, with wind and hail being the most common source of damage. Even if your home hasn’t yet been damaged by adverse weather, the day may come when you’re left picking up the pieces. Fires, lightning, and water damage are also very common. Claims resulting from theft, meanwhile, totaled less than 2%.

In total, about 93% of homes are covered by home insurance. Interestingly, home insurance isn’t legally mandated in most jurisdictions like auto insurance is. Still, many mortgage lenders demand that a home be covered by a homeowner’s insurance policy. Insurance is required because it mitigates risks for the lender.

Home insurance may also provide coverage for liability claims. For example, if someone is injured by tripping over something in your yard, they might try to sue you. Home insurance policies may provide assistance. That said, make sure you closely study plans to learn what is and is not covered. Ultimately, only about 2.3% of claims were for liabilities in 2021.

We Are Here To Help

If you’re looking for home insurance, get in touch with Melvin Gessner Insurance Agency. We serve Willis, TX and other communities. We’d be happy to help you select the right homeowner’s insurance given your situation and local risk factors.

Five Surprising Benefits Of Home Insurance

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Most residents in Willis, TX understand the value of their home insurance policy. It’s a good investment should anything expected occur. At Melvin Gessner Insurance Agency, we take pride in helping our clients get their needs. Have you ever thought about what home insurance can do for you?

There are surprising benefits that we’ll look at in more detail below:

1. Provides Temporary Living Should You Need It

Nobody wants to think about the total loss of their home. However, it’s always something you should be prepared for, just in case. A home insurance policy will reimburse you for living expenses if a total loss occurs.

2. Protection From Lawsuits

Did you know your home insurance policy could protect you from lawsuits? It sounds strange, but if someone is injured on your property and they decide to sue, you will be covered by the policy.

3. Benefits People With Travel Jobs

Many of us are on the road constantly. Wouldn’t it be nice if you didn’t have to worry about your home while you’re away? That’s what a home insurance policy does for you.

4. Insurance Other Structures

Many homes have additional parts of the property, like a shed or detached garage. These areas can also be included in your home insurance policy.

5. Peace of Mind

Finally, you can’t underestimate the importance of living in your home without worry. A house is a significant investment. Nobody should have to worry about protecting their home. This is where a home insurance policy comes in.

Contact Melvin Gessner Insurance Agency For An Estimate

If you have any questions about home insurance in the greater Willis, TX community, we can help. Contact us today. We can answer your questions and help you find the right policy for your needs.

How and why to create a home inventory

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You may wonder why you would want to take the time to make a home inventory. It is a lot of work, but it is worthwhile if you ever need to file a claim. At Melvin Gessner Insurance Agency in Willis, TX, we know that we work for our customers, and we will make sure that we find the best policy to protect you and your home.

Home Inventory: The Basics

How to create a home inventory

You can make an old-fashioned written inventory, or you can do a digital one. If you go for the old-fashioned one, you will need to bring along a camera to take pictures of each room to put with the completed inventory.

Begin in the room of your choice, and write down all the items in the room. Open closets, drawers, and cabinets, and write down everything that you see. Give as much detail as you can, including maker, brand, serial numbers, etc. If you have the sales slip or receipt, attach it to that page of the inventory.

Go room to room doing the same thing in each room, taking multiple photos from different angles. Don’t forget to go to the attic, basement, garage, and shed. Once you have written down everything, it is important to find a safe place to store your inventory. The ideal storage location is away from your home, so you don’t lose it in the event a hazard hits your home. A safe deposit box works, or you can place a copy of the inventory on the cloud.

Why create a home inventory

The reason for creating the inventory is that the insurance company will accept it when it comes to filing a claim for lost content. It will make the whole claim experience much less stressful at a time when stress is the last thing you need.

Get Home Insurance Today

Getting the right coverage for your home is a vital step to protecting your asset. Contact Melvin Gessner Insurance Agency in Willis, TX to discuss your home insurance needs.

Common Home Insurance Tips

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Melvin Gessner Insurance Agency assists the Willis, TX community. We strive to help our clients find policies that align with their assets. We offer flexible policies that adapt to our client’s needs over the long term.

Common Home Insurance Tips

Your home is one of your most prized possessions. Consider the benefits of home insurance. The policy covers the interior and exterior structure of your home against potential damages. This gives you peace of mind during potential emergencies that any necessary repairs due to a fire or inclement weather are covered. All of your possessions inside the home are covered if stolen or vandalized. If you have luxury items inside the home, you may need to amend your policy to fully cover any damage to those items. Liability coverage protects you if you invite some friends to your home and someone gets injured. Liability coverage also protects you against potential property damage caused by your pets.

You can add alternative living coverage to protect you against the threat of extensive damage. Perhaps a hurricane moves through Texas and your home suffers complete destruction. Alternative living coverage allows you to find another place to stay temporarily while your home is being repaired. It’s also crucial that you perform regular maintenance on your home. While most repairs are covered, there are some situations where you may be left unprotected. Any mold that develops and rodent/termite damage are potential issues that are not covered under your policy. Generally, these issues could have been prevented if you had performed proper maintenance on your home.

Melvin Gessner Insurance Agency Will Help You Protect Your Assets

Give us a call to learn more information about home insurance.

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