Home Insurance

Get a Fast, Easy Home Insurance Quote Today and see how much you can save!

Why Home Insurance from The Nolen Agency?

Most Insurance agencies can only compare one or two companies. When you get a quote from The Nolen Agency Insurance we don't just check one company, we check several! Give us your information once and our professional agents will go to work finding the best insurance for you!

"We Shop Multiple Companies To Get You The Best Rate!"

We Provide Homeowners Insurance for:
Chandler, Texas -  Athens, Texas and anywhere you are in East Texas

Your home is the center of your daily life, and likely your most valuable asset. When your home is damaged or destroyed, you need your claim settled by an insurance company that understands this simple fact. The Nolen Agency Insurance can help you find the right Homeowners Insurance that will best meet your needs and provide the most valuable combination of tailored coverage, quality service and fair pricing. Depending on whether you live in a house, apartment, or condominium – the right home insurance policy can provide you peace of mind as well as the money you need to repair or replace your home and/or belongings.

Want to learn more about Homeowners Insurance?

 The Home Insurance coverage you have in East Texas depends upon the type of policy you have. Unlike auto insurance, where the policies are pretty much the same, homeowners policies can be quite different, depending on the "form" number. The most common types of homeowner policies are:

 

  • Dwelling pays if your house is damaged or destroyed by a covered loss.

  • Personal property pays if the items in your house (such as furniture, clothing, and appliances) are damaged, stolen, or destroyed.

  • Other structures pays to repair or rebuild structures not attached to your house, such as detached garages, storage sheds, and fences.

  • Loss of use pays your additional living expenses (housing, food, and other essential expenses) if you have to temporarily move because of damage to your house from a covered loss. Your policy will pay either a percentage of the amount of your dwelling coverage (typically 10 to 20 percent) or for a specific period after the loss (such as 24 months).

  • Personal liability pays to defend you in court against lawsuits and provides coverage if you are found legally responsible for someone else's injury or property damage.

  • Medical payments pays the medical bills of people hurt on your property. It might also pay for some injuries that happen away from your home, such as your dog biting someone at the park. A basic homeowners policy pays $500 in medical bills, but you may buy up to $5,000 in medical payments coverage.

All homeowner policies are "package" policies. You get a group of coverages packaged into your policy for one overall premium. They include coverage on your building, your contents (furniture, clothing, etc.) and liability insurance in case you are sued, under the same policy. The property coverage is shown under Section 1, while the liability coverage is described under Section 2.

There is no better way to understand your homeowner policy than to read it! We suggest you pull out your policy and find the parts to your policy that correspond to the following explanations:

A typical policy consists of three things: 
1. The Declarations Page - that declares who, what and how much you are insuring, along with the date your home insurnce coverage starts and the premium you pay. 
2. The Policy Booklet - printed pages that contain the details of coverages and exclusions of the homowner policy. 
3. Endorsements - separate pages, usually with endorsement numbers, that change (or endorse) specific parts of the policy. 
Sometimes you are only given the original policy once in the beginning, then on renewal, to cut down expenses, you are just sent the dec. page (declaration page) with the bill. It's a good idea to save the original policies should you ever need to refer to them.

More Detailed Information

 

The common of policies sold in East Texas are:

  • All-risk policies (also known as a comprehensive coverage or open perils coverage). These home insurance policies offer you broad protection and cover all causes of loss unless the policy specifically excludes them.

  • Named perils policies (also known as specified perils coverage). These policies offer narrower protection than an all-risk policy and cover only the causes of loss specifically named in the policy.

*Note about replacement cost and actual cash value:

  • Replacement cost is what you would pay to rebuild or repair your home, based on current construction costs. Replacement cost is different from market value and doesn't include the value of your land. Ask your agent if you aren't sure how much it would cost to rebuild your home.

  • Actual cash value is what you would pay to rebuild or replace your property minus depreciation. Depreciation is a decrease in value due to wear and tear or age. If your home is destroyed and you only have actual cash value coverage, you may not be able to completely rebuild.

Policy types

 Insurance companies in Texas may sell several types of policies. If a company offers you a policy with less coverage than you'd like, ask if other policies are available. You may also be able to buy additional coverage by adding endorsements to your policy.

Two types of policies sold in Texas are:

  • All-risk policies (also known as a comprehensive coverage or open perils coverage). These policies offer you broad protection and cover all causes of loss unless the policy specifically excludes them.

  • Named perils policies (also known as specified perils coverage). These policies offer narrower protection than an all-risk policy and cover only the causes of loss specifically named in the policy.

 

Policies typically provide replacement cost or actual cash value coverage:

  • Replacement cost is what you would pay to rebuild or repair your home, based on current construction costs. Replacement cost is different from market value and doesn't include the value of your land. Ask your insurance company if you aren't sure how much it would cost to rebuild your house.

  • Actual cash value is what you would pay to rebuild or replace your property minus depreciation. Depreciation is a decrease in value due to wear and tear or age. If your home is destroyed and you only have actual cash value coverage, the insurance company will not pay enough to completely rebuild your home. 



Most home insurance policies cover your contents or belongings only for the perils named in an HO2 policy so wear and tear and normal breakage is not covered for your furniture and personal belongings. 
Be careful! Your homeowner policy limits coverage on some items.

To keep the cost of home insurance down your policy probably has limits on certain items. Typical limits are:
Cash - $200
Jewelry - $1,000
Firearms - $2,500
Silverware - $2,500

Check your policy carefully. If you see you don't have enough coverage, find out how much it would cost to increase those limits or to buy special coverage.

Optional Coverage
In addition to special coverage for jewelry, silverware and furs, you can purchase specific coverage for such possessions as stamp or coin collections, fine arts, camera equipment, collectibles, watercraft and musical instruments, just to name a few.

Always Inventory Your Property

Many people learn after a fire or storm that they didn't have enough home insurance personal property coverage. Making a written inventory will help you decide how much coverage you need. It will also simplify claims.

Your inventory should list each item, its purchase date, value, and serial number. Photograph or videotape each room, including closets, open drawers, storage buildings, and garage. Keep the inventory and receipts for major items in a fireproof place or another location. Use the Texas Department of Insurance's Home Inventory Checklist to create your inventory.

Flood Insurance

Home Insurance policies typically do not cover flood damage. To protect your home from losses caused by a flood, you will need a separate Flood Insurance Policy. Lenders often require a flood policy if your property is in a flood hazard area. If this is the case, you should always maintain flood insurance for your home. The Nolen Agency can help you with your flood policy.

Let a professional agent at The Nolen Agency Insurance help you with your East Texas homeowners coverage.

Please Note: A Home Insurance Policy is a contract between you and your insurance company. We recommend you read it very carefully and make sure you understand exactly what coverage's you have. Our Agents are committed to helping you understand your policy and helping you determine the right coverage's for your home.

Call Your East Texas Home Insurance Professionals Today

How to save on Home Insurance

Find the homeowners discounts that you may qualify for to make your home insurance even more affordable. For example:

  • Smoke Alarms. A smoke alarm could save you or your family's life and also save you money on your home insurance.

  • Home Security Systems. You may be able to get a discount if your home has a working burglar alarm.

  • Multi-Policy Discounts. When possible, bundle your auto and home policy together to receive a savings.

  • Claims Free Discount. If you have not filed a claim with your previous insurance carrier for 3 - 5 years, you may be eligible for a savings with your new provider.

 

 

Talk to a professional agent at The Nolen Agency Insurance today and let us help you with your Home Insurance

 

241 SH31 E.
Chandler, Texas 75758
 
Phone: 903-849-4009
101 W Corsicana St
Athens, Texas 75751
 
Phone: 903-904-5100
Office Hours:
Monday - Friday 9AM - 6PM
Saturday By Appointment
Sunday Closed
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