Baxter Insurance Agency, Inc.

State-required liability or no-fault insurance coverage to cover bodily injury and property damages to others in an accident you cause. ... Comprehensive coverage, which is designed to cover vandalism, theft, and other damages that are not the result of an accident.

In very broad terms, expect to pay about $35 per month for every $100,000 of home value, though it depends on your city and state. And of course the cost will vary by insurance company, so it pays to shop around for coverage.

On average, $1,947 annually as of 2014 statistics. There have been a few rate increases since then, but the data hasn't been updated.

There is no requirement for Windstorm Insurance in Texas, but almost any mortgage company will require coverage as part of their terms. ... Because inspections can only be made during construction, the Certificate of Compliance is a major selling point guaranteeing code compliance and windstorm insurance eligibility.

Unlike driving a car, you can legally own a home without homeowners insurance. However, if you finance your home with a mortgage, your lender most likely will require you to have home insurance coverage to protect your home in case of damage cause by unforeseen circumstances, such as fires or natural disasters.

Homeowners insurance: Texas average cost. The average cost of home insurance in Texas is $1,945, making Texas the seventh most expensive state in the country for home insurance. Its average cost is $717 more than the national average of $1,288, for the coverage level of: $200,000 dwelling coverage.

If you buy insurance to meet the state's financial responsibility law, you must buy at least the minimum amount. The current minimum liability limits are $30,000 for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident. This basic coverage is called 30/60/25 coverage.

Germania has the best rates for most people in the state of Texas.

Yes, you can require a tenant to buy and maintain renters insurance as a requirement of the lease. Furthermore, doing so certainly benefits the landlord just as much as the tenant. Many tenants simply assume that a landlord's insurance policy covers their personal property in the event of damage to the dwelling.

Weighing the Cost of Content Coverage. The average cost of a “typical” renters insurance policy – which the Independent Insurance Agents & Brokers of America defines as $30,000 of property/contents coverage, and $100,000 of liability coverage – is about $145 per year.

So, to protect your belongings in case of fire, theft, or damage, you need your own policy, called an HO4 or renter's insurance policy. (Unless, of course, you have the funds to replace everything yourself!) You also need liability coverage for damages caused by negligence. ... Renter's insurance would cover those costs.

Since a homeowner's policy won't cover a tenant's personal belongings, I think all landlords and managers should require their tenants to carry renters insurance. For the record, I require my tenants to get a minimum of $300,000 in liability, and $50,000 in personal property coverage.

Most renters insurance policies do not cover damage caused by floods. Like home owners, renters must purchase flood insurance separately to be covered for damage from flooding. However, you will likely be covered if there is a water leak within your rental unit that causes water damage to your belongings.

A Mercury renters insurance policy has the following benefits: Affordable and valuable coverage. Covers living expenses if your rental unit or home becomes uninhabitable due to a covered loss. Personal property is covered from theft or damage while in your vehicle or with you on vacation.

Although renter's insurance is not usually required, by the terms of some leases, tenants may be required to have insurance to cover their liability exposure if someone is injured on the premises, or if damages occur from items owned by the renter, such as waterbeds.

AARP offers its members renters insurance through The Hartford, a national insurance agency. ... However, The Hartford does not provide this insurance in every location. In order to take advantage of the discounts that make it so inexpensive, you must be a dues-paying member of AARP.

Yes, your landlord can require renters insurance in Texas. It protects him from tenant negligence in Texas and ensures that you're covered and can make good on the damage to his property if you start a fire.

Renters insurance can provide the protection you need for your rented apartment or home, often at very affordable rates. Based on your policy, it could help cover the cost of personal belongings that are damaged in a fire, stolen and more. ... Talk with a AAA Insurance agent about renters insurance today.

Average Policy – An average policy for someone who has accumulated more property might be a policy with a maximum coverage amount of $25,000 for personal property, a $500 deductible, and liability coverage of $100,000. A policy like this would cost in the neighborhood of $120 to $180 per year.

Worters says that according to the National Association of Insurance Commissioners' data the average policy cost just $184 per year, a figure that works out to a little more than $15 per month for coverage that ranges from $30,000 to $50,000 (depending on where the renter lives) with a $500 to $1,000 deductible.

Texas renters insurance is pretty inexpensive. The average is around fifteen dollars a month for $10,000 of personal property coverage and $100,000 of liability. If you need more coverage than that, you might be looking at twenty dollars a month. Basically, it is the cost of having a pizza delivered once.