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How to Find the Best Insurance for TX Property

Avoiding the Raw End of a TX Insurance Plan

San Antonio, Houston, Lubbock, Fort Worth, Dallas...


Investing in TX apartment buildings or condos may prove to be lucrative. However, due to severe weather tendencies, property damage is a real threat. This, of course, is the reason why getting adequate coverage is critical.


The problem with acquiring property insurance in a cyclone hazard area is that exceedingly high rates and deductibles reflect the severe weather risks. A policy that may be cheaper due to something called a ‘Shared Limit’ may also not be a wise choice for you.




A Shared Limit Policy means that insurance premiums and losses of a few enterprises are grouped together.


Consider the following possible serious consequences:


  • Due to the large amount being insured, there are limitations or caps on any TX  insurance claim


  • If significant wind damage is incurred, the risk of losing an entire property is real


Tropical Storm Case Scenario – A TX Insurance Disaster 

A company in Deal, NJ insures its Houston, TX building for $1 billion in a Shared Limit Policy. A cyclone, like Hurricane Ike or Tropical Storm Bill, wreaks havoc on the vicinity, causing massive damage to the property. The NJ company files a claim of $200 million without realizing the dramatic out-of-pocket expenses inherent to the policy. With a 20% deductible, there is in fact NO MONETARY RELIEF for the claim.

Reading the Fine Lines in Your TX Insurance Policy

Like the Deal company, many policy holders simply do not bother to read the fine lines in a policy. Others figure the  likelihood of catastrophe is small. Although any agent worth his grain of salt should make it a priority to alert a client about potential pitfalls, many do not. Unfortunately, this leads to crushing and irrevocable losses.


Your first step in securing proper coverage, particularly in a cyclone-prone area, is to contact a reliable independent insurance agency, like PRIME Insurance. In the event of a Shared Limit Policy inquiry, they will do their utmost to make you aware of all the involved risks, while offering the full range of alternatives.

Educating you about the complexities of insurance, the right agency ensures you are an informed and protected consumer!

PRIME Insurance is a 3-generation family-run independent agency that has won the admiration of the industry. We’ve been presented with numerous awards and been appointed to conduct direct business with more than 40 of the leading companies - big names such as ACE, ASI, ASSURANT, CHUBB, FOREMOST, Liberty Mutual, MetLife, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and more. With over 10,000 satisfied customers, we benefit policyholders by reviewing current coverage, as well as by shopping our wide network to locate tailored coverage at competitively lowest quotes.

PRIME Insurance provides all forms of nationwide coverage, including NJ cheap auto insurance, low quote commercial umbrella insurance TX, flood insurance, vacant property insurance Houston, TX, NJ renters insurance, TX homeowners insurance, TX bonds, NJ workers comp, NJ life insurance and more. We invite you to experience the PRIME difference by visiting us on our online insurance website; emailing us at PRIME [at] primeins [dot] com; or by calling us at 732-886-5751.


Investing in TX property may prove to be lucrative, yet due to severe weather tendencies, property damage is a real threat. This is why getting adequate insurance coverage is critical. Nonetheless, property insurance in an area that is known for its storms means policies with high rates and deductibles. It may be tempting to buy a ‘Shared Limit’ policy. Before buying into this type of policy where insurance premiums and losses of a few enterprises are grouped together, beware!  There will be limitations on any claim you make that may result in devastating losses in the event of serious wind damage. 


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