You would never have guessed that the sturdy oak tree in your back yard where you gather for family picnics would lose several of its branches after a heavy storm. But it did and now you are wondering whether your homeowners insurance will help pay for the cost of removing the fallen branches or repairing the damage to your home. That depends on several factors such as what caused the tree to fall … [Read more...] about What If a Tree Falls on My House?
Do you have business income coverage included on your insurance policy? Do you know what the coverage is for, or how it works? These are great questions that you should ask yourself as a business owner. Business income, also known as business interruption, is a coverage form that will be included on your commercial property policy. This coverage provides you protection for a loss of income to … [Read more...] about What is Business Income Coverage?
As a homeowner, replacing today’s expensive and sophisticated appliances and devices can be costly. Our modern appliances come with fancy bells and whistles and cutting-edge technology comes at a cost when replacing certain equipment in your home. Appliances that break down due to electrical and mechanical failure typically aren’t covered by home insurance, but some insurers … [Read more...] about What is Equipment Breakdown Coverage?
A certificate of insurance also known as a COI is a document issued by your insurance company, broker, or agent, that establishes proof of your business insurance. The one-page document summarizes your coverage limits and policy information for easy verification for everyone involved. When is a certificate of insurance needed? Certificates of insurance are typically required … [Read more...] about What is a Certificate of Insurance?
A Financial Responsibility Insurance Certificate (SR-22) is required by the Texas Transportation Code to verify that you are maintaining motor vehicle liability insurance. You might be required to have an SR-22 if you have been convicted of DUI, DWI or another serious moving violation; you have caused an accident while driving without insurance; or you have received too many traffic tickets in a … [Read more...] about What Is a Financial Responsibility Insurance Certificate In Texas?
It is that time of year in the great state of Texas, when we reach those hot summer months and it’s important to remember to take some extra precautions, especially if working outdoors. Did you know that between the years of 1992-2016 36% of all heat related deaths were of construction workers, even though they only make up about 6% of the U.S.’ total workforce? Also, about half of heat … [Read more...] about Summer Safety for Employers & Employees
We often hear this question: Is it okay to use my personal vehicle for my business? Most auto insurance policies exclude driving a personal auto for business purposes. Yes, you can still do it, but in the case of a loss or accident, many companies will deny the claim and cancel your policy if they discover how you are using your vehicle. The use of your vehicle is important to the insurance … [Read more...] about What Everyone Needs to Know About Personal Auto Insurance
Builders Risk insurance is a specially designed policy that will provide coverage for a residential or commercial building during the construction process, including new construction, remodeling, or installations. These polices provide protection for the insured’s interest in materials, fixtures, and/or equipment waiting for installation should these items suffer a physical loss or damage from a … [Read more...] about Builders Risk Insurance