Texas homeowners face wind, hail, and flood risks that other states rarely see. A good policy accounts for all three.
The HO-3 policy
The standard homeowners form covers your dwelling, other structures, personal property, loss of use, and liability.
Wind and hail deductible
Many Texas policies apply a separate 1-2% wind/hail deductible calculated on the dwelling value — not the loss amount. Know yours before storm season.
Flood is separate
Standard homeowners policies exclude flood. Flood coverage is written through the NFIP or private flood carriers — with a 30-day waiting period, so do not wait for a forecast.
Replacement cost vs. actual cash value
Replacement cost rebuilds at today's prices. Actual cash value depreciates by age — usually a poor choice for roofs older than 10 years.
Written by Zaki Enterprise Advisors — Licensed Insurance & Tax Professionals.
Reviewed by the same Texas advisors who work with our clients on tax preparation, ACA, Medicare, and property & casualty coverage.