Have a question about an issue I'm having at my house (water leak issue) and was wanting some feedback from an Home insurance agent.
Why can't you call yours? Outside opinion? Do they need to be in Houston? The one I use is my cousin, and she's based in Granbury. Hit me with a PM if you want to get in touch with her.
Just my 2 cents I'm not an agent. I had a small water leak that caused minor damage over time and it wasn't covered. I was basically told if it had been a catastrophic leak that created major damage I'd be able to file a claim but all of this all depends on your policy.
Who are you guys using for homeowners insurance? I had progressive but they pulled out so I'm looking for something new.
...jokes aside I have State Farm and they've been pretty consistent price wise for the past couple years.
These prices are wild out here, I'm somewhat near the coast and wondering if I could do better with wind/hail thru TWIA? Anyone had to deal with them on a claim before?
Posting only the part directly related to this thread. Never seen this before' | Galveston Realtors reveal dramatic shift in island housing market According to the Houston Association of Realtors, the current situation on the island stems from several factors. Property owners aren't seeing the same vacation rental profits they did in 2020 and 2021, and maintenance is expensive. Additionally, property taxes have nearly doubled. Insurance is another concern. According to LendingTree, Galveston has the highest home insurance costs in Texas, averaging nearly $12,000 per year. Flood insurance is separate. If the home is an investment property, there's increased competition.
Not an agent here. Years ago I called my insurance company, State Farm, to ask them if I had a plumbing leak that caused a foundation problem, would that scenario be covered with my current plan. I don't remember the answer to my question but the person I spoke to recorded my simple question as an actual claim despite that no monies were paid much less even requested. When I upgraded my home a year later, State Farm rejected covering my new house and I couldn't even find another company to cover me. Eventually learned it's because I had a claim on my record. OP has the right approach. My lesson, only call the insurance company for two reasons. 1. Open/update a policy 2. Make a claim that you expect to be compensated for. Note: If you can afford to pay it yourself, just pay it. Don't make a claim to repair something you can afford to fix. Other than that, avoid any discussions with the insurance company. They are recording it and can use whatever you say against you with no recourse.
