Home insurance protects the assets of homeowners. It’s an essential product for you to invest in when you buy a home in Celina, TX. At Rasor Insurance, we offer insurance options to meet the needs of area homeowners.

The following are three decisions you need to make when you choose your home insurance policy.

The amount of your deductible

Your deductible amount is the amount you have to pay out of pocket when you file a claim and need home repairs. Home insurance doesn’t typically cover the full amount of the damages. First, the homeowner must pay the deductible.

The more your deductible is, the more of a financial burden you’ll experience if your home becomes damaged. However, a low deductible usually means you’ll pay higher monthly premiums. It would help if you found a balance between an affordable premium and affordable deductible for your policy.

Whether you’ll invest in add-on coverages

There are numerous add-on coverages to consider including flood insurance, earthquake insurance, and sewer and drain backup insurance coverage. It would be best if you considered your add-on coverge options to see which types you need or want to have.

Whether you’ll have a replacement cost or actual cash value policy

Home insurance coverage is typically specified as replacement cost or actual cash value. Replacement cost coverage is ideal because you will be provided the actual amount of money required to replace your property in the event of damage. With actual cash value, the amount of depreciation on your property will be factored into how much you get for any claim of damage.

Do you have questions or concerns about home insurance in Celina, TX? We can help you at Rasor Insurance. Get in touch with us via our website to explore our home insurance policy options.