Home Insurance Add-ons to Consider

Contrary to many homeowners that home insurance is a luxury, this coverage is a necessity. It protects your home, covers you against liabilities, and pays for additional living expenses when a covered peril damages your dwelling. While home insurance is a worthwhile investment, it has limits and exclusions. As such, if you want optimum coverage for your Houston, TX home, you need to consider add-ons (endorsements) from Memorial Insurance Agency to strengthen your policy. 

There are add-ons to consider for your home insurance plan.

Flood insurance

Floods are a ubiquitous natural calamity in the US. Unfortunately, your typical home insurance policy doesn’t cover overland flooding. For this reason, you need a stand-alone flood insurance policy from private carriers or the National Insurance Flood Program (NFIP). Flood insurance covers your building and the contents whenever floods strike. 

Umbrella insurance

Do you have dangerous pets that can cause harm to others? Do you have a swimming pool or trampoline? Or perhaps you have an over-zealous teenager that can cause damage to other people’s property? Either way, you may need umbrella insurance to boost the liability coverage in your home insurance.

Umbrella insurance takes over when your typical liability insurance limit is exhausted. For instance, if a guest slips and injures themselves while on your swimming pool, you could be held responsible for their medical expenses. If the injuries are significant and exhaust your home insurance, that’s where umbrella insurance comes in.

Sewer backup endorsement

Aging sewer lines, clogging, and tree roots can cause sewerage backup in your home, leading to water damage. While this risk is common in many homes, typical home insurance doesn’t cover it. For this reason, you need a sewer backup rider to protect your home whenever your sewer system misbehaves.

Earthquake endorsement

Since your conventional home insurance doesn’t cover earth movement risks, you need individual earthquake coverage if you live in an earthquake-prone location. This policy covers your building, belongings, and even the cost of clearing debris.

Boost home insurance today!

Would you like to enhance the power of your home insurance policy? Don’t hesitate to get in touch with the Memorial Insurance Agency of Houston, TX, for affordable endorsements.