If you’re renewing or changing your homeowners or windstorm insurance, make sure to check for possible costly changes.
Some tips:
- Read the declarations, or “dec page" of your policy. It shows the dates your policy is in effect and the amounts and types of coverage. It also lists the dollar amount of each deductible – that’s what you have to pay if you need to make a claim before your insurance pays.
- Ask your agent if your deductible is staying the same or changing. A common deductible amount is 2% for wind or hail damage and 1% for other types of damage.
- If you’re renewing your policy, look at the last pages of the renewal to see if there are new endorsements or exclusions. If you see anything you don't understand, ask your agent or company to explain.
Have a question about insurance? Call TDI’s Help Line at 800-252-3439 or visit tdi.texas.gov.
These columns by the Texas Department of Insurance are available for use in publications. They may be edited as needed and used without copyright. For questions, contact TDI media relations at 512-676-6595 or MediaRelations@tdi.texas.gov.