Year-over-year values dipped about 5%, but lumber, labor, and code upgrades haven't followed. We help Plano owners reset coverage to today's rebuild reality.
Plano had a strong run. Values pulled back about 5% year-over-year in the latest cycle, which sounds like a reason to revisit your insurance — and it is, but probably in the opposite direction from what you'd guess. Market value (what a buyer would pay, with the land) and replacement cost (what a builder would charge to rebuild) are two different numbers. Construction costs are still elevated; lumber, labor, and current code requirements haven't backed off in step with the resale market.
The Plano review we run starts with one question: if your home were a total loss tomorrow, would the dwelling limit on your policy actually rebuild it? More often than not, the answer is "no, by a lot."
DFW averages 3 to 5 significant hail events per year. The 2023 DFW hailstorms alone produced an estimated $7–10 billion in insured Texas losses (95% from hail), and Texas led the country with 1,123 hail events that year.
Most Texas policies require wind and hail claims to be reported within one year of the storm — check your policy's deadline. On older roofs paid at actual cash value, depreciation can shrink the carrier's payout below the actual repair bill. We model both scenarios at your home's real numbers before you sign.
Most of our clients save $300–$800 a year when we bundle home and auto with the same carrier. For Plano households with two cars, a clean loss history, and good credit, the savings tend to land toward the higher end of that range.
We quote it both ways — bundled and stand-alone — and show you the math. If bundling isn't your best deal, we'll say so.
With home + auto bundled, adding $1 million of umbrella liability typically runs $200–$400 a year. For Plano households with equity, retirement savings, and teen drivers in the mix, it's one of the most efficient protection upgrades on the menu.