Creating a Home Insurance Quote
PART 1: Starting a New Home Insurance Quote
The process is applicable to any other carriers. All we need are the property & Insured information, then it is mainly data entry from this point on, no matter which platform
Step 1: Gather Required Information
Before starting, collect at minimum:
Property address
Client’s full name
State (Texas)
Optional but helpful:
Previous insurance policy (if available)
Property Latest Updates (Roof, Plumbing etc)
Client phone number and date of birth (needed later for binding)
Step 2: Choose the Correct Policy Type
Select based on property type and value:
Homeowners → Regular homes below $450,000
High Value Home → Homes $450,000 and above
Dwelling Fire → Rental property (landlord policy; structure only)
Renters → Tenant-only coverage
Condo → Condominium (tenant or owner)
THEN LOG IN TO THE QUOTING PLATFORM YOU'RE WORKING WITH
Step 3: Enter Required Information
Enter Basic Client Information
State: Texas
Client name
Date of birth (if available; required to bind later)
Enter Property Address
Paste or type the full address.
And Any other property Information You have that they require
PART 2: Verifying Property Information & Coverage
Places to verify Property Information
HAR.com - This is a site where all property that has been on the market live. You can find almost everything in here by searching the address and find property details of them
Appraisal District - There are different sites per district: For example, HCAD for Harris, FBCAD for Fort Bend and so on. Type the county name + Appraisal District in google and it will show you the correct site. In here, look for buttons like PROPERTY Search to see property details.
Coverage Verification
This number can be given by the insured or if not familiar, you can use the information you got from Property Sources such as Appraisal District to Figure out the property Value in the current market. That Value is going to be our Anchor price for the Dwelling Coverage. Add some allowance to the market value you see online: For example, if Appraisal District shows $475,000 you can make the Dwelling Coverage to be around $485,000 or Max it to $500,000
Understanding Deductible
1. All Other Perils (AOP) Deductible
Applies to most claims (fire, theft, vandalism, water damage, etc.)
Can be a flat dollar amount or a percentage of Coverage A
Example:
Coverage A: $250,000
AOP deductible: 1%
Out-of-pocket cost: $2,500
2. Wind & Hail Deductible
Common in Texas and coastal areas
Almost always a percentage of Coverage A
Separate from AOP
NOTE: Some carriers will decline W/H coverage specially on critical areas near body of waters. Double check the quote they give you before you proceed.
Example:
Coverage A: $250,000
Wind & hail deductible: 2%
Out-of-pocket cost: $5,000
3. Hurricane Deductible (If Applicable)
Applies only to named storms
Usually higher than standard wind deductibles
Triggers only during declared hurricanes
How Deductibles Affect Premium
Higher deductible → Lower premium
Lower deductible → Higher premium
Most standard Texas policies default to:
1% AOP
2% Wind & Hail
Simple Claim Example
Claim amount: $25,000
Deductible: $5,000
Insurance pays: $20,000
REFERENCES
FORMS TO USE
DIFFERENT TYPE OF FORMS
HO3
(Most Common)
Standard Homeowners Policy
Owner-occupied single-family homes
Covers structure (open perils) and personal property (named perils)
HO-5
Premium Homeowners Policy
Higher-end homes
Open-peril coverage on both structure and contents
Broader coverage than HO-3
HO-6 - CONDO
Condo Insurance
For condominium owners
Covers:
Interior walls, flooring, fixtures
Personal property
Liability
Building structure covered by HOA master policy
HO-4 - RENTER
Renters Insurance
For tenants
Covers:
Personal property
Liability
Loss of use
Does not cover the building
HO-7 - MOBILE
Mobile / Manufactured Homes
Similar to HO-3 but designed for mobile/Manufactured homes
HO-8 - Older Home
Older Homes
Used for historic or older homes
Replacement cost may not be feasible
Modified coverage limits
DP-3 (Special Rental)
Open-perils coverage on the structure
Pays replacement cost
Covers all risks unless specifically excluded
Most common and preferred policy for rental properties
➡️ DP-3 is the preferred and most commonly used dwelling fire policy because it provides the broadest coverage and fewer claim issues.
DP-1 - Basic RENTAL
Named-perils coverage only
Pays actual cash value (depreciated)
Very limited protection
Typically used for older or low-risk rentals
DP-2 (Broad Form)
Named-perils coverage
Pays replacement cost on the structure
Covers more causes of loss than DP-1
Mid-level option for rental properties
PLATFORMS WE WORK WITH & CAN QUOTE HOME INSURANCE
Wellington
Specialty and non-standard home insurance
American Risk
Texas-focused, non-standard homeowners
Steadily
Landlord-focused insurance platform
Covertree
Manufactured Home Focus
DUAL
Specialty and excess lines carrier
Thore
Texas non-standard homeowners
Quick links
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