Disclaimer: Data Accuracy and Sources
The data in the Covertree Resources section is from publicly available sources last updated in December 2022. We provide source links for verification. However, we can’t guarantee accuracy. Rely on this data at your own discretion. For specific advice, consult professionals.
Welcome to Amarillo, Texas – the perfect blend of old & new, located at the heart of the Texas Panhandle. Amarillo is where the southern plains meet the desert, making it a rich reservoir of history and culture. Amarillo seamlessly marries the old-world charm of working western ranches with the bustling vibrancy of a 21st-century economy.
2023 marks a special year for Route 66, and Amarillo is prepping up to commemorate its 100th anniversary. From June 1-10, the city will be alive with a series of events celebrating this historic highway. Expect classic car shows, bus tours, cattle drives, parades, music festivals, and more.
Centrally located in the Texas Panhandle, Amarillo sits at the intersection of Interstates 40 and 27, and U.S. Highways 60, 87, and 287. With over 270 sunny days annually, the city boasts of a clean, low-humidity environment thanks to its altitude and constant breeze. From a population of 482 in 1890, Amarillo has grown to 268,691 residents as of the 2020 Census.
Rick Husband Amarillo International Airport facilitates the city’s connection to the world, served by major airlines like American Eagle, Continental/United, and Southwest Airlines. Amarillo thrives on ranching, farming, education, banking, oil and gas extraction, and tourism. Major crops include corn, cotton, maize, and wheat.
The Big Texan Steak Ranch is an iconic stop. Famous for its 72-ounce steak challenge, it’s a culinary monument of Amarillo. Don’t miss out on Cadillac Ranch, a vibrant art installation of half-buried Cadillacs; tour Route 66’s historic district; and witness the majestic Palo Duro Canyon State Park.
Dive deep into the Wild West culture at the Panhandle-Plains Historical Museum, appreciate the American Quarter Horse at its dedicated museum, or enjoy the local arts scene with performances at the Amarillo Little Theater, Amarillo Opera, and Lone Star Ballet. Explore historic buildings, churches, public art, and more in Amarillo’s rejuvenated downtown. For accommodations, consider the Courtyard by Marriott Amarillo Downtown, Hyatt Place Amarillo West, or Home Suites by Hilton.
Founded in spring 1887, Amarillo was destined to be a significant cattle shipping market thanks to intersecting railroads. Originally named Ragtown, Amarillo (which means ‘yellow’ in Spanish) was named after the sub-soil’s color. From a whistle stop to a bustling city, Amarillo witnessed rapid growth in the early 20th century. Railroads played a significant role in the city’s development. Cattle shipping was also a major industry in the late 19th century, making Amarillo the world’s largest cattle shipping market for a time.
With its perfect blend of history, culture, and modernity, Amarillo is indeed a must-visit for anyone touring the Texas Panhandle. Whether you’re a history buff, a nature enthusiast, or just looking for a memorable trip, Amarillo offers something for everyone.
Mobile home insurance is essential for safeguarding your most valuable asset. Prices in Texas typically range from $250 to $1,300 annually, influenced by various factors. Deciding between actual cash value and replacement cost coverage will also impact both premiums and compensation amounts in case of a claim.
* e.g. A five-year-old home bought for $50,000 but now worth $35,000 will be compensated at $35,000.
** Typically has higher premiums but offers more compensation during a claim.
Remember, while insurance might seem optional, it provides invaluable peace of mind against potential financial setbacks.
The apt insurance policy largely hinges on your home type, repair or rebuilding costs, and the worth of your belongings. It’s often a smart move to opt for the most robust protection within your budget. This is especially true if you haven’t set aside a significant emergency fund. Though a comprehensive policy with a lower deductible might require higher premiums, it ensures quick recovery after a substantial loss.
As your savings grow, you might consider increasing your deductible to decrease your premium. But here’s a pro tip: sometimes, a $1,000 deductible isn’t much pricier than a $5,000 one. In such instances, the minimal extra expense can prove invaluable in the event of a large claim.
Type of Homes: Mobile or manufactured homes (trailers, single/double-wide mobile homes, RVs, modular homes, etc.).
Personal property damage that doesn't fit the named perils. Exclusions include:
The HO-3 policy is the predominant homeowners insurance in Texas. It offers open-peril coverage for homes and related structures, covering all damages unless specifically excluded. Exclusions typically include:
Even if you’ve chosen the HO-7 or another base form for your policy, you might still want to contemplate additional coverage for specific scenarios. Here are some prevalent options:
Risk:
Amarillo still experiences tornadoes, though their frequency seems to have declined in recent years. However, unexpected events like the destructive tornado in June 2023 showcase the area's vulnerability. The tornado index for Amarillo is notably higher than the national average, indicating an elevated risk.Insurance Recommendations:
Comprehensive Coverage: Ensure your homeowner's insurance includes wind and tornado damage coverage. Review deductibles and understand the extent of coverage.Risk:
Hailstorms are frequent, potentially causing extensive damage to properties and vehicles. Hail can affect large areas, leading to significant repair and replacement costs.Insurance Implications:
Comprehensive Auto Insurance: For vehicle protection, ensure you have comprehensive coverage that includes hail damage.Risk:
Amarillo occasionally faces heavy rainfalls leading to flooding, as evidenced by events causing hydroplaning and property damage.Insurance Implications:
Flood Insurance: Standard homeowner's policies often don't cover flood damage. Consider purchasing a separate flood insurance policy, especially if you reside in a flood-prone area.What it is: Extends coverage to business property stored or used in the home.
Why it's needed: For those who run a home-based business or store business items at home, it ensures they're financially protected.
What it is: Compensates the homeowner for the full, current cost of replacing damaged property without factoring in depreciation.
Why it's needed: Ensures that in the event of a loss, the homeowner can replace items without incurring out-of-pocket expenses due to depreciation.
What it is: Coverage for the cost of repairing or replacing household appliances after mechanical or electrical failures.
Why it's needed: Household appliances are essential and can be expensive to repair or replace. This coverage minimizes those costs.
What it is: Provides added coverage for rebuilding expenses that go over the policy's stated limit.
Why it's needed: Rebuilding costs can escalate due to factors like increased materials prices or changes in building codes. This ensures full coverage.
What it is: Specifically covers repairs linked to foundation or water damage.
Why it's needed: Foundation repairs are costly, and water damage can lead to further complications like mold. This add-on provides targeted protection.
What it is: Additional insurance for valuable items like jewelry and furs, going beyond standard coverage limits.
Why it's needed: Valuable items can have costs that exceed standard policy limits, making this essential for full compensation.
Texas residents who are struggling with home-related expenses have two vital assistance programs available: the Texas Homeowner Assistance Program due to the COVID-19 pandemic and the Homeowner Assistance Program (HAP) following Hurricane Harvey.
Purpose: Support homeowners impacted by Hurricane Harvey to repair, rebuild, and enhance their homes.
Services Offered: Financial support for affected homeowners.
Purpose: Support homeowners impacted by Hurricane Harvey to repair, rebuild, and enhance their homes.
Residents are encouraged to assess their eligibility and take advantage of these programs to secure and improve their homes.
The Texas Coastal Insurance Pool (TCIP), formerly known as the Texas Windstorm Insurance Association (TWIA), is a vital insurance entity designed to protect homeowners in the Texas coastal regions. Established in the face of limited private insurance options, the TCIP provides wind and hail coverage to properties located in certain parts of Texas’s seacoast territory.
Inland of the Intracoastal Canal $2.50 per $100 coverage 42 Effective October 1, 2008 Seaward of the Intracoastal Canal $5.00 per $100 coverage
A mobile home located in a designated catastrophe area that meets the following criteria is eligible to be insured under the T.W.I.A. Dwelling Policy with Form No. TWIA-411, Conversion to TWIA Manufactured Home Policy attached to the policy.
The maximum limit of liability for a mobile home, including any site-built additions attached to the home, and household goods is $84,000.
The following policy form is to be used: T.W.I.A. Dwelling Policy with Form No. TWIA-411, Conversion to TWIA Manufactured Home Policy attached to the policy
Adding policy options to a basic insurance plan is a common practice in the mobile home insurance industry. While the events covered in mobile home policies are similar across all states, additional coverage options, known as add-ons, endorsements, and riders, may vary depending on your location and insurance provider. Each of these options comes at an additional cost that can be customized according to your needs.
Adding any rider will increase your premiums, influenced by location, risk profile, chosen coverage, and deductible. Riders can be added during initial policy purchase, at renewal, or anytime during the policy period. Some carriers might not offer all endorsements, so shopping around might be necessary.
References:
