As the year moves ahead home insurance is something that home owners need to have always. Many home owners have reviewed their policies last year and will continue to do so throughout this year. For some changes will be made and for others maybe not. According to www.homeinsurance.com in the state of Texas the average homeowner pays $895 a year to insure their home. That is a little higher than other parts of the United States, and it appears to be a significant part of Americans yearly budget. One aspect that may be overlooked by many is what town class is your neighborhood classified as? For many the thought never crossed their mind because your insurance agent didn't share that with you. A neighborhood's town class is defined by how close the home is in proximity to fire hydrants, fire departments and what kind of technology (pieces of equipment) do the fire departments with regard to aiding them with their day to day task. The fire department is responsible for registering its facility with the state board of insurance. In many areas the fire department may not be doing their due diligence and homeowners suffer the consequences. Once the information is received the state board of insurance can update their information and work to keep rates down. The lower the town class rating, the lower that part of your policy will be. Therefore, when insurance agents are working with homeowners they will have the most current and most beneficial town class rating available to homeowners. If a homeowner goes from a town class rating of 5 to a rating of 10 that could mean a $250 increase and I know I could use my $250 for something else. If you have any questions or concerns please contact me utilizing the information located below.
Chalmette Ray
Real Estate Consultant
Keller Williams Realty
713-591-5922
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