Homeowners Insurance, Renters Insurance, and Home Insurance In Houston, Channelview, Spring TX, Tomball, League City, Humble, Aldine, Rosenberg, Pasadena, TX, and Surrounding Areas

We Make Sure You’re Covered

All About Insurance Protects Your Home

There are so many insurance carriers that provide homeowner’s insurance protection. Each has specific coverage limits and restrictions. However, most homeowners aren’t told about these limits. They are left to assume that their homeowner’s policy provides all the coverage they need. Unfortunately, that’s not always true. Homeowner’s policies have limits on many different personal items, such as jewelry, fine art, firearms, collectibles, electronics, and even cash. Far too many individuals don’t realize they aren’t adequately covered until they suffer a loss. They are left with the choice of doing without the item or items they lost or paying out of pocket to cover the shortage.

The professionals at All About Insurance avoid these types of unpleasant surprises by talking to you about home insurance options in Houston, Channelview, Spring, Tomball, TX, and the surrounding areas. First, we learn about your individual needs, ensuring that your policy covers everything you own. We can provide additional protection in the form of additional riders that cover those expensive items that exceed your policy limits. We also take the time to explain your policy. You deserve to know what you’re purchasing and All About Insurance makes sure that you do.

Houston Home Insurance

Actual Cash Value or Replacement Cost?

Why the difference matters to you

There are two different ways that insurance companies calculate the amount they will pay for a loss. It depends on the type of policy you have. If you have a Replacement Cost policy, the insurance company will pay the actual cost to replace your property. Let’s say a fire destroys your refrigerator. A replacement cost policy reimburses you the full price of replacing it with the same or similar type. There is no deduction for wear or tear, even if it’s 5 years old.

On the other hand, if you have an Actual Cash Value policy, the insurance company subtracts depreciation from the current cost to replace that refrigerator. Therefore, a replacement cost policy is much more beneficial than an actual cash value policy should you suffer a loss. And a replacement cost policy is more expensive than an actual cash value policy.