Why should I get home insurance in Houston?

In the Houston, TX area, owning and purchasing a home is a great long-term investment and option. As you are in the market for your next property, you should also spend time thinking about how you can protect your property. A great way to protect your home is by getting a quality insurance policy that will offer several types of coverage. 

Insurance is Needed to Protect Assets

One of the reasons you should get home insurance for your Houston property is that it is required and needed to protect your asset. Your home and dwelling is a very major asset that you need to protect as well as possible. A great way that anyone can do this is by getting a full home insurance policy. With this coverage, you will have protection in the event your home is damaged. Further, you will get additional coverage to repair or replace your personal assets. 

Insurance Gives Liability Protection

You will also want to get a home insurance policy because it can give you liability protection. When you are a property owner, you will be taking on some type of liability risk at all times. If you are found at fault for an accident that occurs in your home, you will be required to pay for the relevant damages. Fortunately, with home insurance, you can get coverage for this risk. 

If you would like to purchase a property in the Houston, TX area and need insurance, you should call the team at Memorial Insurance Agency. Those that speak with the team at Memorial Insurance Agency can get the guidance and support they need to choose a policy. This can ensure you know what all of your options are and that you pick the right policy for your situation. 

Why should I have more than basic auto insurance

You never realize how important your auto insurance is until you have to use it. It is something most people take for granted after getting it when they first purchase a vehicle. If you have a local insurance agent it is likely they know you and make an effort to keep your insurance up to date. If you live in Houston, TX or the surrounding area Memorial Insurance Agency is a respected and professional insurance agency that you can count on for help no matter what your insurance needs are. 

In Texas, drivers must prove they can pay for the damages from an accident they cause. The easiest way to do this is with an auto insurance policy. The basic amount required of every driver is 30/60/25. This breaks down as $30,000 injury coverage per person with a cap of $60,000 per accident and $25,000 in damage to property. This sounds like quite a lot until you think about what a typical hospital visit costs and the price of vehicles. Then suddenly it seems very basic and is only adequate you have little or no assets. 

You are not required to carry collision and comprehensive unless you are leasing or have a vehicle loan. Paying to have your vehicle repaired or replaced is on you if you don’t have these types of auto coverage. This can be a very expensive proposition and one you need to really consider when it is time to choose what type of coverage is right for you. 

In Houston, TX,  Memorial Insurance Agency we want to sit down with you to discuss your auto insurance needs. That is how we do business, we listen to you and make sure you get what you need and want at a price you can afford. Stop into the office or call us to get a no-obligation quote. 

Frequently Asked Questions About Auto Insurance.

Memorial Insurance Agency serves the city of Houston, TX and the surrounding areas with quality insurance services. We understand that buying auto insurance for the first time, or a new policy from a new state can bring up a few questions. 

Here Are Some FAQs About Auto Insurance:

  • Is auto insurance a legal requirement in the state of Texas? Yes, the state of Texas requires a minimum of liability insurance and most auto lenders require full coverage while you pay them. 
  • What happens if I leave the country in my car? Because Texas shares a border with Mexico this is a great question. Mexico does not legally recognize auto insurance policies but you can buy liability specifically for your trip for your protection. Ask your agent about it before you travel. 
  • Do I need additional coverage to let my friend borrow my car? If your friend is a legal driver and is only borrowing it once then he/she should be covered. But if they are a habitual driver of your car or if your friend has any legal reason they should not be driving this can negate the protection. It is best to ask an agent if you are unsure. 
  • When will my auto insurance policy be effective? Your policy is effective on the exact date of your policy paperwork. Often this date will be the very day you purchase it. You can never backdate your auto insurance policy start date. 

If you live in our around Houston, TX, give us a call at Memorial Insurance Agency to discuss your auto insurance needs. We are happy to answer any further questions you have and will make the process of purchasing a policy as simple as possible every step of the way. 

Do I Need Insurance If I Live Outside a Flood Plain?

The agents of Memorial Insurance Agency serve residents who live in the Houston, TX area. They understand that purchasing home insurance can be confusing at times, so they are always available to answer questions and address any concerns their clients may have. One concern that often arises is whether or not flood insurance is needed. Knowing where flood plains are located will help answer this question.

What Is a Flood Plain?

A flood plain is a geographic area of land where floods are most likely to occur. A flood plain extends outward from bodies of water like lakes, rivers, streams, ponds, and coastal regions. Flood plains normally include any low lying areas where water may not be able to escape from. If you are concerned about flooding and want to know if your property lies within or near a flood plain, talk to your insurance agent. They can find that information out for you.

Different Types of Storm and Water Damage

Texas is known for strong storms and intense weather conditions  Strong winds and heavy rains can wreak havoc on already full lakes, ponds, and rivers. Heavy rains can also cause large pools of water to form in areas that don’t normally flood or hold water. This isn’t necessarily considered flooding but may fall under the category of storm damage.

The agents of Memorial Insurance Agency understand how confusing it can be trying to figure out your insurance when it comes to flooding and water damage. Residents who live in the Houston, TX area should contact an agent if they have questions about whether or not they are close to a flood plain and how this will impact their insurance needs. 

Why should I protect my property with home insurance?

Those that are in the Houston, TX area and want to stay in the area for a while should consider purchasing their home. This is a major city in Texas that offers many different professionals and personal opportunities and amenities. When you are going to purchase a home in this area of the state, you need to make sure that you get the right insurance. There are several reasons why you should protect your home with home insurance.

Insurance Protects Dwelling

One of the advantages of home insurance is that it can provide you with protection for your dwelling. More than likely, your property is going to be the most significant and valuable asset that you will ever own. Due to this, you need to make sure that you protect it as well as possible. When you get home insurance, you are going to receive the coverage that you need to repair or replace your property following damage.

Insurance Protects Personal Assets

Another reason to get home insurance for your property is that it can protect your personal assets. Beyond the dwelling, you will have a lot invested in your personal assets. For most people, there is a lot invested in electronics, appliances, furniture, and other personal items. When you get a home insurance policy, you will also receive coverage up to your policy limit for your personal items. More expensive items, which could include jewelry, could further be protected with policy riders.

Getting home insurance in the Houston, TX area is always a good idea. When you are looking for insurance here, you should call the Memorial Insurance Agency. The insurance professionals at the Memorial Insurance Agency can answer any questions that you have and make sure you are receiving proper protection. 

Auto insurance will help when you are stuck by the side of the road

Nothing is quite as aggravating or – on occasion – as frightening as being stuck by the side of the road after an auto mishap. But, as the Memorial Insurance Agency serving Houston, TX would like to let you know, your auto insurance policy will be of great help in such a situation.

If you are stuck by the side of the road due to an accident involving another motorist, be sure to make certain the other person as well as you and your passengers are all right and, if necessary, call 911 for an ambulance.

Exchange insurance and other information with the other party and, if a patrol officer becomes involved, give as truthful an account as possible about the accident.

Contact your insurance agency. You will be given instructions about what to do, including summoning a tow truck and where to take your vehicle and yourself if that option is available.  This might be a place recommended by your insurance agency or a place of your own choosing.

If you have collision insurance, and for any kind of new model vehicle you should, then the cost of repairing your vehicle will be covered, minus the deductible and up to the cost of replacing your vehicle. If the cost of repair exceeds the cost of replacement you could pay the balance out of pocket or use the money as a down payment for a new car.

You should at least carry liability insurance. It is the law in every state of the union and will cover the costs of an accident incurred by the other party if you are judged to be at fault.

For questions about auto insurance feel free to contact the Memorial Insurance Agency serving Houston, TX.

Why Home Insurance in Houston TX Is More Important Than Ever

Protecting your home is an important part of ownership, now more than ever. As housing values increase in the greater Houston, TX  area, the team at Memorial Insurance Agency is here to help you keep your home covered. As house values increase, so do your insurance needs. This includes market increases as well as factors such as improvements and additions that you make to your home. We recommend that all of our clients review their home policies on a regular basis in order to ensure that they have the protection they need.

Now is a Good Time to Review Your Homeowner’s Policy

Houston is a great place to live, and home values are reflecting that positivity in many areas of the city. If you have owned your home for a long time and haven’t given your insurance policy much of a thought except to continue rolling it over, it’s time to take a closer look at your coverage. There are many factors that can contribute to the need for an increased coverage level to ensure that your policy keeps pace with your home’s value.

If you have increased the equity in your home or made significant improvements such as updating the kitchen or bathrooms or put on an addition, it is likely that you will need to increase your policy values. It can be easy to keep renewing the same policy year after year without reviewing the details of your home insurance coverage levels. Don’t be caught with insufficient coverage!

Is it time to review the home insurance policy for your property in the greater Houston, TX area? Give the agents at Memorial Insurance Agency a call today to schedule an appointment to review your current policy for completeness. 

Reasons to Consider Flood Insurance

There are many reasons for homeowners to consider flood insurance.  At times throughout the year, photos of the results of floodwater can be seen in the media.  While the threat of flooding is real for many communities, not every home is at the same level of risk.  At Memorial Insurance Agency, our agents work with homeowners in the Houston, TX area to make the decision if flood insurance is protection that you need. 

Flooding is the biggest natural disaster that threatens US homes.  Yet home insurance policies do not cover flood events.  The financial impact of these events was brought to the attention of Congress in 1968.  Their response was to enact the National Flood Insurance Program (NFIP).  The program helps homeowners assess their level of risk and recover faster if their home is impacted by a flood. FEMA provides a tool that helps you define the risk level your home has.  If your home is at high or low-risk levels, the decision is easier.  Whether to ensure your home when it is at a moderate risk level will take more thought.  Your agent can help.  Consider this though, if you have a 1,000 sq. ft. home, 1 ft. of water causes $27,150 in damage on average.  These events can be financially devastating.  Also, renters can invest in flood insurance to protect their furniture and personal items. 

In the Houston, TX area, our team at Memorial Insurance Agency can help you decide if you can be better protected with flood insurance.  It provides broad coverage that is there when you need it.  Our website has some general information to get started.  Then come in to talk to one of our agents.  Protect your home and possession from the possibility of flood damage today.  Give us a call to get started!

Tips for Revising Your Home Insurance in Houston, TX

If you’ve owned your home for many years in Houston, TX, then your home insurance can start to feel like it’s just something else to pay every month. You probably don’t even think about changing the terms, because you may assume that there’s really nothing to change. But there are a lot of homeowners out with who are underinsured — and they don’t even realize it. Memorial Insurance Agency wants you to have a few facts in mind that may just convince you to revise your policy. 

Consider the Different Events 

What happens if your home’s basement floods after a big storm? Who will you turn to if your mailman sues you if they trip over an old tree stump on the way to your mailbox? How much property will your home insurance cover if all your valuables are stolen by a thief while you’re on vacation? It’s impossible to consider every potential misfortune that can occur to your home (and really, why would you want to do that in the first place?), but asking a few questions can give you a better idea of what you need coverage for. 

The Facts of Home Insurance 

Home insurance policies don’t come with flooding protection in Houston, TX if there isn’t a special rider attached. Your liability limits on your policy may only stretch so far in the event of a lawsuit. Finally, some policies only cover the grounds and the structure of the property rather than your personal property.

If you have questions about how to build a better policy for yourself, Memorial Insurance Agency may be able to help. Give us a call so we can help you comb through your policy line by line before making a few recommendations. 

What Are the Benefits of Taking a Defensive Driving Course?

Defensive driving courses aren’t just for teenagers who are just learning to drive. The agents at Memorial Insurance Agency have the answers you need about these types of classes. Residents in Houston, TX who choose to take a defensive driving course can reap the rewards and turn a copy of their completion certificate into their insurance agent.

Refreshes What You May Have Forgotten

Defensive driving courses are designed for anyone who needs to learn (or re-learn) the basics of defensive driving. If you have been driving for several years, there may be a few tips or tricks you may have forgotten. Everyone can benefit from taking an updated defensive driving course every few years. 

Provides You With Updated Information

Defensive driving courses are revised and updated every year or two. This ensures that the information being taught is as current as possible. This can include changes in the laws that have to do with speed limits or school zones. Laws vary from state to state so taking a defensive driving course is beneficial if you move to another state.

Might Make You Eligible for a Discount on Your Insurance Premiums

Successfully completing a defensive driving course may also make you eligible for a discount on your auto insurance premium. If you have questions about any of these benefits contact the agents of Memorial Insurance Agency. The agents are highly trained and can assist residents of Houston, TX in finding the answers they need about defensive driving courses. They may also be able to tell you where you can find these types of classes online so you don’t have to visit your local DMV.