AAA Texas announced that a new Guaranteed Rebuilding Cost (GRC) optional endorsement is now available for qualifying homeowners from its affiliated carrier, the Auto Club Indemnity Company. The GRC optional endorsement provides Texans with 100 percent coverage for covered rebuilding costs.
“In the event of a total loss, such as a fire destroying the entire home, your regular insurance coverage may not be enough to rebuild your house to a similar condition to what it was prior to the fire. Having this GRC optional endorsement adds another layer of protection for your rebuilding costs,” AAA Texas Vice President of Insurance Sales Vic Ganino said in the company’s announcement.
AAA Texas is encouraging homeowners to review their homeowner insurance policy to see if they are completely protected in case of a total loss to the existing structure. A policy that may seem to offer full protection may not cover the entire cost of rebuilding a home.
AAA Texas, a member of the AAA Federation of motor clubs, has been serving Texans since 1902.
Source: AAA Texas, www.aaa-texas.com
Topics Texas New Markets
Was this article valuable?
Here are more articles you may enjoy.
London Broker Howden Plots Giant Capital Raise on IPO Path 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
Viewpoint: The AI Ransomware That Couldn’t Get Paid 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
