Licking, Missouri
117 South Main Street
Licking, MO 65542

Your Home Insurance FAQ Answered July 3, 2019

Licking, Texas County
Your Home Insurance FAQ Answered, Licking, Missouri

Your home is one of the most significant investments you’ll ever make, but it can quickly be wiped out by a fire, tornado, or another unexpected disaster. Home insurance provides crucial protection that shields you from these risks, but many homeowners aren’t sure how it works or even what these policies cover. Below are answers to some common questions you might have about your homeowner’s insurance coverage.

Answers to Your Home Insurance Questions

What does a home insurance policy cover?

While coverage varies from one carrier to the next, most standard policies will pay for damage caused by fires, storms, vandalism, and fallen trees. Depending on the plan, water damage caused by broken pipes might also be covered, although you’ll probably need a separate endorsement for protection against floods.

Is all my personal property covered?

home insuranceWhile home insurance will reimburse you for personal possessions destroyed or damaged in a covered event, most policies have separate limitations for different categories. For instance, it might only cover $1,000 in jewelry or electronics, which might not be enough for your most valuable possessions. If you have especially costly items, your agent might recommend extending your coverage.

Should I choose home insurance based on replacement or market value?

Home insurance policies are based on either the fair market value of the property or the cost to rebuild in the event of a complete loss. In most markets, rebuilding costs are usually much higher than the retail price of an existing home, making those policies a better choice.

How much liability insurance do I need?

Along with property coverage, homeowners insurance also includes liability protection, shielding you from potentially devastating lawsuits. To fully protect your financial future, most professionals recommend carrying liability coverage equal to the value of all your assets combined.


Since 1904, Texas County Mutual Insurance of Licking, MO, has helped homeowners throughout Missouri protect themselves from the unexpected. The level of service they provide and their commitment to the well-being of their customers has made them one of the state’s top insurance companies. Visit their website for more information on their home insurance options, or call (573) 674-3125 to request a free quote today.

Other Announcements, Events and Deals from Texas County Mutual Insurance
Does Home Insurance Cover Wind Damage? , Licking, Missouri
Property damage related to wind and hail accounts for nearly 40% of all home insurance claims. With spring storms right around the corner, it's not a surprise that wind damage is a more
A Guide to Livestock Insurance , Licking, Missouri
Raising livestock can provide a valuable source of income, but it’s a job full of challenges and risks. Even the most successful farms have the potential to face an unpredictable more
3 Ways to Lower Home Insurance Costs, Licking, Missouri
Home insurance is an effective way to protect your home and loved ones against potential damage to your property, and it typically includes liability coverage in more
Does Home Insurance Cover Tornado Damage?, Licking, Missouri
If you live in an area that is at risk for tornadoes, you may be wondering how helpful your home insurance will be in the event of a disaster. Naturally, what your policy more
FAQ About Health Insurance for Young Adults, Licking, Missouri
Young adults are generally healthy, and they often feel that health insurance coverage isn’t necessary. However, basic coverage can help in the event of medical emergencies, routine more