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Putting your property in a trust might seem like a legal decision only, one that has nothing to do with your home insurance. After all, why would a trust impact a fire claim if the point of the arrangement is to protect ownership and avoid miscommunications? However, the reality is that your home insurance may be able to deny claims based on their knowledge of whether the property is in a trust. Here, the team at Amy Tounget Insurance Agency LLC will explain what you should know and how to avoid an unpleasant surprise.

Home Insurance and Trusts

The rules regarding home insurance and trusts vary from company to company, making it critical not to make assumptions about your coverage. While you are typically required to disclose whether your home is in a trust when you first apply for coverage in Texas, things can become unclear if you put your home in a trust between your initial approval and subsequent yearly renewals. In that case, you might not think to update your coverage in Midlothian, TX, even though failure to do so could result in a denied claim.

What Should I Know About Home Insurance Disclosures?

The general rule is that it’s always a good idea to update your home insurance whenever there’s a major change. This doesn’t mean increasing your coverage every time you paint a room. Still, it does mean informing your home insurance carrier of major renovations, purchases (e.g., a new art piece), or changes in property ownership rights.

If you have questions about home insurance in Midlothian, TX, the staff at Amy Tounget Insurance Agency LLC can help you learn more about how your coverage is impacted. Plus, we can help you find a policy that works for your coverage needs, both today and as your needs evolve.

Purchasing a home in Texas is a significant milestone, but the excitement can fade when unexpected damage appears after the sale. Whether it’s a broken window, hidden water damage, or holes in the walls, new homeowners often wonder if their home insurance will cover repairs caused by the previous occupants. The answer, courtesy of Amy Tounget Insurance Agency LLC serving Midlothian, TX, and surrounding areas, depends on the timing and the cause of the damage.

When Coverage Typically Begins

Most home insurance policies go into effect on the closing date. Anything that happens after that point, such as storm damage or a fire, is typically covered, depending on the policy terms. But damage that existed before closing is usually not covered. Home insurance protects against sudden and accidental losses, not pre-existing conditions.

If the damage was there when you moved in, it’s likely considered the seller’s responsibility. In some cases, you may be able to pursue a claim through legal channels if the seller failed to disclose the issue. Your real estate contract or inspection report may help support that case, but your insurance won’t typically pay for repairs caused by the prior owner’s neglect or misuse.

What You Can Do

If you suspect damage after moving in, document everything with photos and notes, and notify your agent. They can help you determine whether there’s any chance of coverage. In some cases, though, the best route is to work with your Realtor® or a real estate attorney to address undisclosed issues.

Texas homeowners insurance, offered through Amy Tounget Insurance Agency LLC, serving Midlothian, TX, and surrounding areas, is a valuable tool; however, it won’t protect you from damage caused by someone else. If you’re buying a home, ensure that your inspection is thorough and that your closing paperwork is in order. A little caution upfront can prevent major headaches down the line.