If you find a letter in your mailbox this year stating that your homeowners insurance is going up, you can do something about it. Texas homeowner’s insurance premiums are increasing due to last year’s surge of natural disasters. Commonly believed myths about TX homeowners insurance are keeping some of you from avoiding these increased rates.

Myth #1: I Need a New Bedford Insurance Agent to Get a New Plan

Many of our customers don’t understand one of the basic principles about how our insurance agency works. We have a vast network of top-notch, A-rated insurance providers that we work with. If your Texas homeowners insurance is going up, we’ll shop around to find a better rate with a new insurance carrier.

Myth #2: I Can’t Get New Insurance until My Renewal Date

Texas insurance laws make it possible for you to switch carriers at any time, and you have not contract-based obligations to stay with your company. We can get you started on a new insurance plan today. You can call us, email us, or even fax us if you are in or near Bedford. Homeowners insurance and other personal lines are extremely competitive, and that means other companies are lining up to get you a better rate.

Myth #3: Changing Homeowners Insurance Plans is a Hassle

​Getting you set up on a new plan is a quick and easy process. We’re here to handle all of the red tape for you. All you have to do is give us some information, and we’ll take care of the rest.

Homeowners Insurance Myths.

• Myth #1: Standard home insurance covers flood damage.
• Myth #2: The Medical Payment portion of my homeowners insurance will cover injuries to me and my family.
• Myth #3: If my home is ever lost, my insurance company will reimburse me for whatever I tell them I owned at the time of loss.
• Myth #4: If I file a home insurance claim, my home insurance premium will definitely go up.
• Myth # 5 All of my valuables- like jewelry -will be covered in the event of a burglary.
• Myth # 6: My home insurance covers mold and/or other issues related to lack of maintenance.
• Myth #7: Flood Insurance is only for people who live in a flood zone.
• Myth #8: I will have to skimp on my coverage in order to save money on my home Insurance.
• Myth #9: When determining my coverage, I should use the purchase price for my house as my dwelling coverage amount.
• Myth #10: You cannot buy a home without purchasing homeowners insurance.

Auto Insurance Myths

• MYTH 1: People who drive red cars pay more for auto insurance.
• MYTH 2: Insurance costs rise as you get older
• MYTH 3: Your credit score has no effect on your insurance rate.
• MYTH 4: Your insurance covers your vehicle if it is stolen, vandalized or damaged by hail, flood or fire.
• MYTH 5: The minimum amount of auto-liability insurance required by law is all that you need.
• MYTH 6: If your friend borrows your vehicle, his or her auto insurance covers them if they get in an accident.If your friend borrows your vehicle, his or her auto insurance covers them if they get into an accident.
• MYTH 7: Soldiers Pay more for Insurance than Civilians
• MYTH8:  Both Personal and Business use of your vehicle is covered by your Personal Auto Insurance Policy.

If you would like additional details on any of these myths, please let me know. I would be more than happy to provide you with full explanations.
Thank you.