Texas Home Insurance

They say that everything’s bigger in Texas. The truth of that statement is debatable, but one thing is true – Texas marches to the beat of its own drum.

So much so, in fact, that Texas has added its own flare to home insurance. While most of the nation is using standard ISO home insurance policies, Texas decided to create its own.

This article covers the four most common Texas home insurance policies.

While the HOA policy is typically an Actual Cash Value policy, the HOA+ can be Replacement Cost.

The sixteen named perils the HOA+ insurance policy covers are:

The HOB is the first open perils policy that is a Texas home insurance policy. This policy is roughly equivalent to the HO3 insurance policy used nationwide.

The biggest difference between the HOB and the lesser policies HOA and HOA+ is that – rather than listing perils that are covered – it lists the perils that are excluded from coverage.

The excluded perils on the HOB are the following:

The best Texas home insurance policy is the HOC. The HOC equivalent is the HO5 home insurance policy.

The HOC is an upgraded version of the HOB. The HOB covered the home for open perils, but the contents within the home for named perils.

The HOC, on the other hand, covers both the home and its contents for open perils. The exclusion list for the HOC policy is the same list as can be seen above in the HOB.