With the right types and amounts of coverage, homeowners and other property insurance is essential to managing risk and your financial well-being. Through our network of leading insurance providers, we can help you obtain the coverage to insure your home, your possessions, and yourself appropriately.
Homeowners Insurance
While coverage can vary between policies, common items covered by homeowners insurance include property damage, personal property, personal liability, and additional coverage that may cover jewelry, medical bills, and additional expenses.
What does homeowners insurance cover?
Homeowners insurance is for people who own their own home. The policy will cover both the outside of the home and all the contents inside of your home.
Why you need it!
This will be one of your biggest purchases. Help protect your investment against potential harm and secure your future.
Renters Insurance
Often, renters assume they are covered against loss by their property owner's insurance. They may believe renters insurance is too expensive or think the value of their possessions is too small. But here are some factors to consider, such as your property owner's insurance covers only the physical dwelling — not your possessions inside or events that happen within your home. For example, if a guest falls and is injured, then sues you for medical costs, you might have to pay for these costs.
Renters insurance will cover your possessions from vandalism or theft, and your possessions may be more valuable, and replacement costs higher, than you think.
What does renters insurance cover?
A renter’s policy will cover the inner contents of a home, apartment or room that you renting.
Why you need it!
Even though your landlord will have a homeowner’s policy on the place you are living, it does not cover your own personal items. A renter’s policy is essential to protect your personal belongings.
Umbrella Insurance
It’s essential to have insurance coverage to protect your assets and future earnings. Umbrella insurance offers an extra layer of protection above your current auto and homeowners policies. It can protect you from liability in an unexpected crisis, such as:
• An accident occurs at your home
• Your dog bites someone
• You’re at fault in an auto accident
• You or an immediate family member are involved in a lawsuit.
What does umbrella insurance cover?
Umbrella insurance gives you extra liability coverage that exceeds your homeowners, car, or boat policy.
Why you need it:
It helps fill gaps in your existing policies. When your regular insurance policy reaches it liability limit, you will be held personally responsible for covering any overages. An umbrella policy helps increase your covered limits.
Texell Financial, LLC is a wholly-owned subsidiary of Texell Credit Union. Insurance products are not issued, guaranteed, or underwritten by Texell Credit Union or Texell Financial, LLC and are not insured by the NCUA.