What Does Your Basic Home Insurance Policy Cover?

Home insurance is something that any homeowner needs to have in place even if they own their home with no mortgage against it. The key is knowing just what your basic policy covers so that you can be sure you are fully protected from anything that may happen. For those in the Arlington, TX area, the agents with State Insurance Solutions can help you create your perfect policy.

So what does a basic policy cover? For starters, it covers damages to the home that are the result of things like unintentional fire, storm damage, ice and snow damage, water damage from burst pipes, theft of property, damage to a property that happens during a break in and more. This type of policy does not cover things that are out of the ordinary for the majority of homeowners like a flood, volcanos, hurricanes, and more.

Your basic policy is going to cover the basics and is going to keep your home and property within the home safe in the event that you have to replace or repair items in the home or the home itself. Your coverage is determined by how expensive your home is, how much you ensure the contents for, and if you add any extra or supplementary policies to help cover things like a flood which may be common in your area but not in others. It is best to take the time to speak with an insurance agent to see just what types of coverage you may need and how much you should cover your home for.

For those in the Arlington, TX area, the agents with State Insurance Solutions can help you find the policy that works for you and that is going to keep you protected no matter wha

If I lend my car to a friend, am I responsible if my friend has an accident?

If you drive a vehicle in Arlington, TX, you may have had a reason to borrow a friend or relative’s vehicle or to lend your own vehicle to someone else. Nobody thinks about the possibility of being in an accident, but unfortunately, it is something that often happens without warning.

You probably feel secure if you have a policy through State Insurance Solutions, knowing that you will be covered. But if the driver isn’t the owner of the vehicle, who is ultimately responsible for the accident?

The answer doesn’t turn out to be completely clear cut. A motor vehicle insurance policy is taken out by an individual on a specific vehicle, and if that vehicle is in a crash the insurance policy will go into effect to help pay for that accident.

But the driver has some responsibility too. In Texas, drivers are considered responsible for any crashes they cause. If you are involved in an accident in someone else’s vehicle and found to be at fault, you are liable for any resulting damages, including medical bills or auto repair.

If the amount of damages exceeds the policy limits for the accident, the injured party may end up pursuing both the driver and the owner of the vehicle for compensation. Clearly, it would be wise to be careful who you lend your vehicle to, even if you have a strong insurance policy.

If you are interested in obtaining an automobile insurance policy in Arlington, TX or if you just have any questions, please feel free to contact State Insurance Solutions for a free consultation today.