Home Insurance

Let VIG help you protect what you value most.

Home Insurance Coverage

The purpose of insurance is to protect you against losses. Few people have the financial resources to rebuild their homes. In addition to protecting your home and possessions, homeowners insurance also provides liability coverage to protect you from financial ruin if someone is injured on your property and sues for damages.

Coverage

You can buy a policy that covers only your house, but most homeowners buy a policy that combines additional coverages:

Dwelling coverage pays for damage to your house

Personal property pays for items in your house or possibly away from your house.

Liability & Medical coverage are available in varying limits. 

Take Inventory of Your Property

Many people learn after a fire or storm that they did not have enough personal property coverage. Making a written inventory will help you decide how much insurance you need. It will also simplify claims.

Your inventory should list each major item, its purchase date, value, and serial number. Photograph or videotape each room, including closets, open drawers, storage buildings, and garage. Keep the inventory and receipts for major items in a fireproof place or another location.

Discounts

New Home – If your home is less than 10 years old, you may be eligible for a new home discount.

Make Your Home Safer – You may be eligible for a discount if you have a burglar and fire alarms systems and/or sprinkler systems. Monitored systems will earn a bigger discount than un-monitored systems.

Construction Material – When you buy a home, look for fire-resistant construction, such as brick, masonry or rock.

New Roof Discount

Proximity to Fire Hydrant – You can check the location of the nearest fire department & fire hydrant.

Compare Policies

Not all homeowner’s insurance policies are created equal. There are different policy types which is part of the reason why the pricing can be so different from one insurance carrier to the next. We recommend comparing policy coverage on an independent website: The Office of Public Insurance Counsel http://www.opic.state.tx.us/hoic.php

We recommend you read your policy carefully to know whether it offers replacement cost coverage or actual cash value coverage.

Frequently Asked Questions

What are some things my policy may not cover?
  • Flooding
  • Earthquakes
  • Termites
  • Spoilage
  • Freezing pipes while your house is unoccupied (unless you turned off the water or heated the building)
  • Insects, rats, or mice
  • Wind or hail damage to trees and shrubs
  • Losses if your house is vacant for 30 days or more
  • Wear and tear or maintenance
  • Water damage resulting from continuous and repeated seepage
  • Limits on cetain types of personal property

What is Replacement cost?
Replacement cost is what you would pay to rebuild or repair your home, based on current construction costs. Replacement cost is different from market value and does not include the value of your land. Contact us if you are not sure how much it would cost to rebuild your house.
What is Actual Cash Value?
Actual cash value is the replacement cost of your property minus depreciation. If your home is destroyed and you only have actual cash value coverage, you may not be able to completely rebuild.

Other Available Policies:

Commerical Insurance

Coverage for losses and damages to commercial property.

Auto Insurance

Auto coverage protects you against different types of losses.

Flood Insurance

Coverage for property or personal property damaged from the sudden & temporary natural accumulation of water.

Questions?

Send us a message and we will get back to you as soon as we can.

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