You may be paying higher homeowners insurance premiums than you need for the amount of coverage you have. Why? Because insurance companies that offer homeowner's coverage vary in what types of risks they want to write over the course of time. For instance, if they have over-saturated the home owner's market in one region, they may raise rates to balance the amount of exposure they have undertaken.
Are you paying too much?
If you have been with the same company for several years, we will help you discover how your rates compare with the rates of other reputable companies.
A New Study Shows That Texans Pay Higher Homeowner's Insurance Premiums Than Other States
The National Association of Insurance Commissioners released a study in March 2009 showing that the average annual homeowner's insurance premium in Texas, $1409 per year, is considerably higher than the national average of $804. Being a coastal state explains some of the reason that Texans pay more for insurance. However, many companies use factors such as credit scoring or claims history to calculate premium.
Are your rates climbing annually? Are you paying too much?
Some Insurance Companies Offer Less Coverage For The Same Amount of Premium
Since the Texas mold crisis a few years ago, many insurance companies are no longer offering an “all peril” policy for homeowners. This type of policy gives the broadest insurance coverage to homeowners. Some companies offer this policy, also called an HOB, because it gives homeowners coverage from all perils except ones specifically excluded, such as flood, nuclear war or hurricanes. Others offer “named peril” policies (called either an HOA or a broader form of it called an HOA+) that insure against losses from specific incidents, such as lightning, fire, explosion and so on. While the “named peril” policy may save you money, you are also losing a great deal of coverage.
Do you have an HOB policy? Are you paying too much premium for too little coverage?
Do You Have An Insurance Agent Working For You?
Many individuals purchase their insurance through an agent that works for a primary company, such as State Farm, Farmer’s Insurance or All-State. These companies have set rates for the policies that they offer customers.
At TriStar, we are independent agents that work for you, the consumer. An independent agent sells insurance for more than one company. We are licensed to sell homeowners policies from a wide variety of companies with several types of policies.
How Does That Help You???
We save you the time and hassle of shopping around from company to company.
Here’s what we promise to you:
We will shop the policy for you.
We will find the best policy with a premium that fits your budget.
We will write the policy and handle all the paperwork. All you do is sign.
Are you paying too much for insurance? Do you have time to peruse the insurance market to know?
Let Us Do The Work For Free While You Save Hundreds of Dollars.
All is takes is a click and you’ll be on your way to having the best policy with the best rates.
TriStar Insurance Professionals, based in Plano, TX, is a full-service insurance agency owned and operated by Roger Harkins. Specializing in consumer insurance programs inluding homeowners, auto, boat, and life insurance they also specialize in commercial insurance offerings for small to medium sized businesses. Low cost is always important, but far more critical in both the personal and business coverage arenas is making sure that there are no gaps in your coverage. Find out today simply by calling Roger Harkins or John Coyle at 469-464-5790 . The call and any quotes you request are always confidential and free!
