Homeowners Insurance Quotes in Longview, TX

What You Should Know About Home Insurance in Longview

Located about 60 miles from Shreveport, Louisiana, in the northeastern part of the Lone Star State, sits the small town of Longview. Easy access to U.S. Interstate 20 and the U.S. Highway 80 corridor makes travel to nearby Dallas/Fort Worth a breeze. The city, founded in 1870 and named after its scenic views, is renowned for its pine forests, as well as its diverse array of other tree species, including cedar, oak, and maple.

If you love the great outdoors, you are also sure to love visiting the many lakes, such as Lake ’O the Pines and Caddo Lake, within driving distance of Longview. Besides the gorgeous scenery and favorable location, visitors and Longview’s approximately 84,000 residents enjoy year-round festivals, including the famous Great Texas Balloon Race in June, as well as a community band and professional symphony, a historical museum, fine dining, and a fine arts museum.

As a proud Longview resident, you will need the best homeowners insurance to protect the place you call home. The friendly agents at InsureOne are ready to provide you with top-tier service to help you find exceptional coverage that fits your budget.

How Much Does a Homeowners Insurance Policy Typically Cost in Longview?

You and your next-door neighbor may pay a comparable rate, but you may pay quite a bit more or less than someone in another Longview zip code, depending on crime and natural disaster risks in each area.

Wherever you live in Longview, you are likely to pay more than the national average, as shown in the chart below:

Dwelling Insurance Total	Average Annual Cost in Longview	Average Annual Cost Nationwide
$300K	$3,830	$2,582
$600K	$6,640	$4,140
$1 million	$10,094	$7,380

We arrived at these numbers by using the cost of dwelling coverage, a $100,000 liability and a standard $1,000 deductible.

How Do Home Insurance Deductibles Change Insurance Rates in Longview?

When you purchase home insurance, your agent will ask you what deductible you would like, typically between $500 and $5,000. The deductible is the portion you will pay if you ever need to file a claim, so whatever you choose, you will need easy access to that money to cover your deductible.

Some things to consider:

• The higher your deductible, the lower your rate, but the more you will pay out of pocket toward a claim.
• With a lower deductible, you are considered at higher risk of filing a claim, so your rate will likely be higher.
• Whatever your deductible, you can only file claims for damage above that amount.

Your expert InsureOne agent can go over all the scenarios with you to help you make an informed decision that best suits your unique situation.

Is Home Insurance Tax Deductible in Longview?

While there are certain tax-deductible home expenses, home insurance is usually excluded. However, if you use part of your personal residence for your business in some way, you may be able to claim a partial deduction.

Here are some examples:

• If you own a separate home you rent out as a business, you may be able to claim the home coverage as a deduction.
• If you use a third of your home as a home office and storage for your business, you may be able to deduct 33% of your premium.

An easy way to figure out how much you may be able to deduct is to multiply the square footage you use for business by $5. However, there are limits with this formula. Please consult your tax professional for more information and verification of your specific circumstances.

Does Longview Have the 80% Homeowners Insurance Rule?

Most Longview insurers do follow the 80% rule. This rule, which is an industry standard rather than a law, helps protect you by factoring inflation into your coverage. This ensures your policy covers your home’s replacement costs, including labor and materials, at the current rates. So, for instance, if your Lakeport home costs $300,000 to replace, you would need at least $240,000 worth of coverage.

Your InsureOne agent will do all the work for you to provide you with personalized policy options at competitive rates.

Bundling Home and Auto Insurance in Longview

Are you in the market for both home and auto insurance? If the answer is yes, ask your agent about bundling, which is buying both policies from one insurer.

When you bundle your home and auto policies, insurers often reward you for your extra business by providing a discount — up to 25% off your bill. Bundling also saves you the time you would otherwise spend shopping around for other insurance companies. Plus, it saves you from the headache of juggling multiple sets of paperwork and making multiple payments.

If you need a homeowners policy and any other kind of coverage, including motorcycle, classic car, ATV, or life insurance, your InsureOne agent can provide you with one-stop-shop service to find you the high-quality plans you deserve.

What Factors Do Insurance Companies Consider When Setting Rates?

Besides the already mentioned crime and natural disaster statistics broken down by zip code, insurers examine a variety of factors when determining your rate.

These include:

• Home’s age: Older homes are typically more susceptible to damage and are more expensive to repair. However, if your old home has had upgrades, this will be considered.
• Home’s size: Your insurer will take note of your home’s square footage.
• Supply chain issues: If homebuilding supplies are difficult to obtain, prices go up, which will affect your insurance rate.
• Credit rating: If you have good credit, you are considered less likely to file claims, which means you are considered a lower risk.

What Are the Different Types of Homeowners Coverage Offered in Longview?

Do you own a single-family detached home or a mobile home? Do you own a condo? Are you a renter? In any of these scenarios, you will need one of the eight types of homeowners insurance to protect yourself.

Here are four of the eight:

• HO-4: This renters policy covers your belongings from the 16 perils. If you rent one of the many Longview apartments, ask your agent about this policy.
• HO-5: This comprehensive policy provides the highest level of coverage for single-family detached homes and pays replacement costs rather than actual cash value.
• HO-6: This policy is for condos and co-ops. It covers personal belongings and other benefits (e.g., additional living expenses, liability, etc.) but excludes coverage for the structure.
• HO-8: This policy type is for older homes. If you live in one of the Longview homes built between 1940 and 1969 or before 1939, this may be the policy for you.

Your InsureOne agent can explain how each policy type works and help find the right one for your living situation.

What Is the Most Common Type of Home Purchased in Longview?

There are just over 32,000 houses and apartments in Longview at a median cost of around $216,000. About 61% of these are single-family detached homes with three or four bedrooms. Approximately 3% of the housing units are mobile homes and 33% fit into the apartment category. Just 20% of the city’s housing was built after the year 2000.

The Longview population is a mix of owners and renters. You might be happy to know that — debunking one of the renters insurance myths — renters insurance covers more than just theft of your belongings. Your local InsureOne agent can go over all the details and provide you with customized renters or homeowners insurance coverage choices that include cost savings.

Which Common Natural Disasters Are Covered by Home Insurance in Longview?

Texas — including Longview — is susceptible to severe weather. The following conditions are likely covered by your standard policy:

• Hailstorms: These storms may shoot quarter-sized hail onto your property, causing considerable damage to your siding, roofing, and other structures.
• Windstorms: Longview often experiences wind gusts, sometimes up to 60-plus miles per hour. These storms can cause significant property damage, including damaged roofing and siding.
• Extreme heat: High temperatures can lead to drought conditions that may cause wildfires and subsequent property damage.

It is essential to understand your policy before you need to file a claim. Your InsureOne agent will provide you with concierge service, answering all your questions and making sure you have the coverage you need so you are protected.