What does homeowner insurance do?

What does homeowner insurance do?

Homeowners insurance is made up of coverages that may help pay to repair or replace your home and belongings if they are damaged by certain perils, such as fire or theft. It may also help cover costs if you accidentally damage another person’s property or if a visitor is injured at your home.

Do I need insurance on a new build?

If you buy a new build, your mortgage lender will almost certainly require you to get a buildings insurance policy to protect the property for damage that’s outside your control, including fire, flooding and storms.

What does builders risk insurance cover in Texas?

Builders Risk Insurance, Texas Builders Risk Insurance covers buildings under construction, as well as all of the equipment and materials used in the project. Whether you are building a new residential complex or a business building, our expert risk managers at the Thumann Agency are here to help.