If you are renting, your landlord’s insurance does not cover your personal items. You will need renters’ insurance to protect your belongings from theft or damage from a burst pipe or other cause. Most renters’ policies will cover losses due to fire, smoke, theft or vandalism, and certain kinds of water damage. They do not cover losses due to floods. Typically, renters’ insurance includes three … [Read more...] about Do I Need Renters Insurance?
How Do Deductibles Work?
An insurance deductible is the amount you must pay before the insurance company will pay their portion in a claim scenario. After you’ve paid your deductible, the insurance company will start paying the remaining amount of the claim value up to the limits indicated in the policy. A higher deductible generally means a lower premium for the policy, but it also means you’ll have to pay more out of … [Read more...] about How Do Deductibles Work?
Do I Need a Surety Bond?
Building or renovating a house is an exciting adventure but also an expensive one, especially now with the increases in both labor and material cost. If you are anxious considering all that might go wrong during the completion of the work during your project, ask your contractor to purchase a surety bond. Doing so could ease your worries and give you greater peace of mind during the building … [Read more...] about Do I Need a Surety Bond?
Do I Need Hired and Non-Owned Auto Coverage on My Commercial Policy?
Many businesses use vehicles in their day-to-day operations, some of which are not owned by the business. If you are a business owner and use vehicles during your operations, you need Hired/or Non-Owned Auto coverages. Rental cars and/or employees’ personal vehicles are categorized as Hired or Non-Owned autos. Unless you purchase these specific coverages, you could have a gap in coverage that will … [Read more...] about Do I Need Hired and Non-Owned Auto Coverage on My Commercial Policy?
Am I Covered Driving This Vehicle?
We sometimes hear this question from customers because we may borrow a vehicle from a friend or family member from time to time. The answer to this question depends on the circumstances. If you cause an accident while driving a borrowed car, the car owner’s insurance should pay the claim. However, if the owner does not have insurance or doesn’t have enough insurance to pay for the damages and … [Read more...] about Am I Covered Driving This Vehicle?
Why is Home Insurance So Expensive in Texas?
We have spoken to customers who have moved to Texas from another state, and they are shocked when presented with a new Texas homeowners insurance quote. And the question is always – WHY SO HIGH?? Part of that answer is that Texas is prone to natural disasters and inclement weather, such as hail, hurricanes, and tornadoes. Simply stated, Insurance providers must charge more money for homeowners’ … [Read more...] about Why is Home Insurance So Expensive in Texas?
Updating Your Home or Workspace: Do I Need To Notify My Insurance Company?
Due to the increased amount of time spent at home during the COVID-19 pandemic, a substantial number of us noticed our worn flooring, tired appliances and worn-out cabinets and decided to make improvements. Remote learning spaces for students, office space for at-home work, and even additions to homes were created during the pandemic. While “stuck” at home, people decided to get busy and upgrade, … [Read more...] about Updating Your Home or Workspace: Do I Need To Notify My Insurance Company?
Social Media: Santa’s Not The Only One Watching You!
It is the holiday season, and you may be headed out from home on vacation. You are so excited you want to share your trip by posting about it on social media. Please don’t do that. You will be letting folks know that you will be away from your home which means that your house and belongings are ready and waiting for a break-in. For example, if you have a public profile on Facebook, anyone can … [Read more...] about Social Media: Santa’s Not The Only One Watching You!