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.
Perched on the banks of the mighty Brazos River, Waco stands as a symbol of Texan tenacity, cultural richness, and the spirit of rebirth. With a history that mirrors the ebb and flow of the river it cherishes, Waco is a city that has seen times of prosperity, adversity, and remarkable transformation, making it a beacon for explorers, learners, and dreamers.
Waco’s story begins with its indigenous inhabitants, the Huaco Indians, from whom the city gets its name. Yet, it was in the mid-19th century that Waco began to flourish as a key trading and transportation hub, primarily due to its strategic location along the Brazos and the establishment of the Waco Suspension Bridge, an engineering marvel of its time.
The city’s cultural fabric is intricately woven with threads of history, a testament to which is the Dr. Pepper Museum. Born in Waco in the late 19th century, this iconic soft drink and its associated lore is a source of pride for locals. The museum not only chronicles the journey of the beloved beverage but also offers a nostalgic trip into America’s soda pop culture.
While many cities have universities, few can claim an institution as integral to their identity as Baylor University is to Waco. Established in 1845, this renowned institution has long been a crucible of learning, innovation, and community engagement, significantly shaping Waco’s ethos and skyline.
However, modern Waco’s claim to fame is perhaps its renaissance as a hub for home improvement enthusiasts and lovers of rustic charm, primarily due to the influence of Chip and Joanna Gaines. Their Magnolia Market at the Silos has transformed a once-neglected part of the city into a bustling center of design, decor, and delightful bites, drawing visitors from far and wide. Nature too has graced Waco with its bounties. Cameron Park, one of the largest municipal parks in Texas, is a veritable playground for outdoor enthusiasts. With its sprawling trails, scenic overlooks, and the adjacent Cameron Park Zoo, it’s a locale where nature’s wonders can be embraced in all their glory.
Waco’s commitment to preserving its heritage is palpable in sites like the Texas Ranger Hall of Fame and Museum, which honors the legacy of the state’s iconic law enforcement agency. Meanwhile, the Mayborn Museum Complex, with its interactive exhibits, offers both young and old an engaging journey through natural history and the cultural heritage of the Central Texas region. Yet, Waco is not without its scars, and it wears them as badges of resilience. The city has faced its share of challenges, including the infamous Waco Siege of 1993. But true to its spirit, Waco has emerged stronger, turning sites of past tragedies into places of remembrance and learning.
The culinary scene in Waco is as diverse and delightful as its history. From food trucks offering gourmet bites by the riverside to quaint cafes with histories as rich as their coffee brews, Waco serves up flavors that tantalize the palate and warm the heart.
In essence, Waco is a testament to the enduring spirit of Texas. It’s a place where history flows as freely as the Brazos, where the echoes of the past blend seamlessly with dreams of the future, and where every brick, trail, and storefront has a tale to tell. For those seeking a blend of Texan history, cultural vibrancy, and the promise of discovery, Waco stands ready to welcome, inspire, and captivate.
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:
Waco, TX: 265.94
Texas Average: 208.58
U.S. Average: 136.45
A higher tornado index indicates a higher chance of tornado events. Waco surpasses both the Texas and U.S. averages, highlighting an elevated risk in the region.
Drought: 16 events
Flood: 404 events
Hail: 1,241 events
Heat: 1 event
Heavy Snow: 6 events
Ice Storm: 3 events
Strong Wind: 9 events
Thunderstorm Winds: 1,022 events
Wildfire: 2 events
Winter Storm: 3 events
Winter Weather: 5 events
Other: 36 events
As of April 28, 2023, Central Texas, including Waco, faced an eerily similar setup to previous severe weather. There was an anticipation of large hail, strong wind gusts, and potentially a tornado. With a severe weather risk rated at level 3 out of 5, the primary concerns were large hail and wind gusts. The storms also brought significant rain, with parts of Central Texas experiencing more than 3 inches in a few hours, leading to flash floods. Notably, there was a water rescue incident in Groesbeck where occupants had to be saved from their car by first responders.
What it is: Provides coverage for fees incurred when the fire department is called to protect or save insured property.
Why it's needed: Some municipalities charge homeowners for fire department services. This coverage ensures homeowners don't bear this additional financial burden.
What it is: Covers the expense of replacing locks if keys are stolen.
Why it's needed: To maintain security if keys are lost or stolen, especially in cases of potential targeted theft.
What it is: Provides additional funds to rebuild or repair with environmentally-friendly materials.
Why it's needed: Encourages sustainable building practices and ensures homeowners can maintain a green residence after a loss.
What it is: Offers coverage for your share of damages or injury awards levied by homeowner associations.
Why it's needed: Homeowners in association communities may be held financially responsible for shared property damage or injuries. This protects against such assessments.
What it is: Covers living costs if a homeowner must temporarily relocate due to a covered loss.
Why it's needed: After certain disasters, living in one's home may become untenable. This helps cover the costs of alternative accommodations.
What it is: Pays for clearing debris post a covered loss.
Why it's needed: Removal can be expensive and is often essential before repairs commence.
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.
