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Customized Homeowners Insurance for You.
Get a customized homeowners policy that fits your needs. Our comparative rater provides real-time quotes with more than a dozen preferred carriers to find the best rates. Submit your info to request a quote and find out why Schwab Insurance is the right choice for you.
Whatever type of home you own, Schwab Insurance has you covered.
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Schwab Insurance offers everything for your homeowners needs.
Check out all the different coverage options for your home and all that applies, from Schwab Insurance.
Why Choose Schwab Insurance for Homeowners Insurance?
More Carriers, More Choices
Why limit your options with a captive agent? Our comparative rater allows us to shop over a dozen preferred carriers to find the best rates for your needs.
Customizable Coverage
Replacement cost? Water damage? From standard coverage to a variety of optional coverages, we work with you to create a policy that fits your needs and budget.
Service That Stacks Up
We understand that customers need assistance year round. Our dedicated service team focuses on your needs promptly, so you can focus on the things that matter most in your life.
Bundle and Save Even More
Eliminate the hassle of multiple agents and enjoy additional savings by bundling your home, renters or condo with your auto insurance through Schwab Insurance. Don’t forget about your collections and umbrella policy needs, too.
Things You Need to Know
What is a Peril and how is it covered?
A peril is an event, like a fire or break-in, that may damage your home or belongings. There are two ways perils are covered in a homeowner policy. named perils and all risk or open perils.
What does Named Peril mean and what is included in a Named Peril policy?
A named peril policy is a policy that specifically names the perils that will be covered. Often times, things such as fire, lightning, explosion, smoke, wind, hail, vandalism, riots, and certain types water damage are covered. Depending on the policy, what is covered will vary but if it’s not listed, it will not be covered.
What does All Risk or Open Perils mean and what is included in an All Risk policy?
An all risk or open peril policy will cover any peril that is not excluded from the policy. Common exclusions for a homeowner policy are war, earth movement, floods, and nuclear hazards. Again, each all risk policy will have different exclusions, but unless it’s specifically excluded in the policy, it will be covered.
Replacement Cost verse Actual Cast Value.
Replacement cost insurance pays for the full replacement cost of your items, whereas actual cash value insurance only pays for the depreciated value. With replacement cost insurance, you’ll have enough money to replace your belongings.
Water damage, what coverages are available?
Water damage is the number one non-weather related claim in Texas. There are four primary water coverages available; sudden or accidental discharge, continuous and repeated leakage, sewer backup and overflow and foundation/slab leak.
Are these water damage coverages included in all homeowner policies?
No! Depending on the carrier and type of homeowner policy coverage for water damage can very. Be sure to question your agent and ask to verify. Simply put, if it is not listed in the policy it is not covered.
Things You Need to Know
- What is a Peril and how is it covered?
- What does Named Peril mean and what is included in a Named Peril policy?
- What does All Risk or Open Perils mean and what is included in an All Risk policy?
- Replacement Cost verse Actual Cast Value.
- Water damage, what coverages are available?
- Are these water damage coverages included in all homeowner policies?
A peril is an event, like a fire or break-in, that may damage your home or belongings. There are two ways perils are covered in a homeowner policy. named perils and all risk or open perils.
A named peril policy is a policy that specifically names the perils that will be covered. Often times, things such as fire, lightning, explosion, smoke, wind, hail, vandalism, riots, and certain types water damage are covered. Depending on the policy, what is covered will vary but if it’s not listed, it will not be covered.
An all risk or open peril policy will cover any peril that is not excluded from the policy. Common exclusions for a homeowner policy are war, earth movement, floods, and nuclear hazards. Again, each all risk policy will have different exclusions, but unless it’s specifically excluded in the policy, it will be covered.
Replacement cost insurance pays for the full replacement cost of your items, whereas actual cash value insurance only pays for the depreciated value. With replacement cost insurance, you’ll have enough money to replace your belongings.
Water damage is the number one non-weather related claim in Texas. There are four primary water coverages available; sudden or accidental discharge, continuous and repeated leakage, sewer backup and overflow and foundation/slab leak.
No! Depending on the carrier and type of homeowner policy coverage for water damage can very. Be sure to question your agent and ask to verify. Simply put, if it is not listed in the policy it is not covered.