Month: December 2012

Tailored Home Insurance for New Homeowners in Coppell, TX

Posted on by AgentInsure

Homeowners in Coppell, Texas (and any other location) have a Hugh investment in their property and need to protect it at all cost, no matter what type of home they have, no matter if it is new or a few years old or a 100 years old. In Coppell, Texas and generally anywhere else, if there is a mortgage on the home then the mortgage company will require an insurance policy be in place. The mortgage company will not care about the contents. They care about insurance on the structure of the home; if anything were to happen to the home they want to be assured of getting their money back that was loaned to the homeowner to buy the property.

If the homeowner fails to obtain insurance on the home then the mortgage company will apply a hazard insurance policy on the home which is very expensive and the homeowner will be expected to pay for it. It is far less expensive to contact an independent agent and buy a homeowners insurance policy.

An independent agent will make sure that the policy is tailored around the homeowners unique needs and those needs are stated in the policy. Unique needs involve the location of the home, the size and other building structures on the property such as, a garage, barn or shed. Other unique possibilities for insurance are fencing, pools, yard equipment, play sets and don’t forget the pets, plus much more.

Homeowners would not have the exact same contents as another homeowner, which makes every homeowner having unique insurance needs tailored specifically to them. As an example, make sure all expensive items such as kitchen and laundry appliances should have dates of purchase and receipts if possible and the icing on the cake would be to have photos of each item. Keep all of this information off the property, such as in a safety deposit box at the bank.

An independent agent in Coppell, Texas is waiting to service your uniquely tailored homeowners insurance needs. If you live in Coppell or surrounding areas, give them a call today and set up an appointment.

What Tenants should know about Texas Renters Insurance?

Posted on by AgentInsure

If one rents a home or an apartment in Coppell, Texas they should have renter’s insurance to cover all personal possessions within the dwelling. Tenants do not have to take out insurance on the dwelling they are renting, because this is the responsibility of the landlord to make sure the structure is insured.

In the event of a fire, flood, water damage, a robbery and or vandalism of the renter’s personal property those loses will not be replaced or paid for if the renter does not have insurance. If a renter thinks that they will never need renter’s insurance they are taking great chances with their possessions.

Renter’s insurance is not an expensive policy to purchase and will certainly be a valuable asset if needed in the future. Accidents do happen all the time and there is no way to look into future circumstances or try to prevent accidents from occurring, because accidents are what they are and no one can control future circumstances.

Make a list of all your possessions, the date they were purchased with the amounts they are worth, figuring in depreciation and be surprised at how much money it would take to replace everything that was lost in an unusual event. Pictures of each possession is an excellent idea. Keep this information off the property and safe. There are not too many who would have this amount of money to start life over again.

A person who takes out a rental insurance policy should play it safe and also have it stated in the policy there is animal bite protection, just in case an accident should happen. And, even if it was not your pet’s fault, people like to sue others to make try to make a fast buck.

In Texas if a renter has insurance and someone is injured on your property and they have medical bills, the rental insurance will cover this incident. In Texas this type of medical coverage is automatically included in the policy. It is doubtful that the majority of renters would not have the money to pay for that person’s medical bills that could go on for months or years.

If renting is your option, don’t delay in calling an independent agent today and getting this valuable insurance coverage.

What Insurance Policy Covers Dent Damage in Texas?

Posted on by AgentInsure

An independent agent in Coppell, Texas will tell Coppell residents those insurance policies in Texas and throughout the United States work about the same way. As long as the vehicle owner carries full coverage on their vehicle while residing in Texas, dent damage should be covered if taken care of in the stated time frame allowed. In Texas some damages such as dents that are done by another driver may be covered under that driver’s insurance policy, as Texas is not a no fault insurance state.

Dents created by environmental issues such as a tree, another car or hail may be eligible for a dent removal technique that use no paint. This process of dent removal uses no bond or paint. However, if the car is too damaged and the dent has taken the paint off or caused cracks to the vehicles finish then this process would not work. This process offers a lifetime warranty, and insurance companies appreciate this. Texas insurance companies like this procedure used if possible, because it saves them money and saves the body shop some work.

Most body shops in Texas work with all insurance company policies as long as they are a fully covered policy and include dent damage. If the vehicle has a deductible to meet before the insurance company pays, some body shops will even pay this deductible or pay a portion of the deductible for the vehicle owner.

When a vehicle is paid off, many people obtain PL and PD insurance in order to decrease their monthly premium, and this type of coverage would not cover dent damage. The vehicle owner must carry collision and comprehensive coverage. The collision pays for debts incurred by accidents by the owner or other drivers on the road. Comprehensive pays for dents created by non moving accidents, and dents related to hitting an animal on the road.

If an automobile owner residing in or near Coppell, Texas, needs further information regarding dent damage in Texas they will need to contact their independent agent.

Precaution from the Coppell Police

Posted on by Jeri McShan

Be smart when going to sporting events, dropping off your kids at school, etc. in Coppell, (and any Dallas/Ft. Worth surrounding cities). There have been cases of people getting into cars to steal purses, wallets, briefcases, etc. Carry your purse/wallet in with you at all times. Keep other items out of site, and lock your car doors.

Get the Facts on the Minimum Auto Coverage Requirements in Coppell, Texas

Posted on by AgentInsure

The insurance facts are as follows, if you reside in Coppell, Texas and have automobile insurance coverage. It is important to know that it is the same in Coppell, Texas as any other city in Texas one may reside. Every state does carry a minimum automobile coverage insurance policy and is state specific, but also keep in mind that if one does not carry at least the minimum insurance policy for their car in any state and the vehicle is on the road, there could be very stiff fines and or jail time.

Some states have made it mandatory for the insurance company to report any client coming to them for auto insurance to the states DMV department. The insurance company is required to tell the DMV that the driver has had their car on the road without automobile insurance.

The minimum amounts of automobile insurance coverages are now $25,000, $50,000 and $25,000 dollars, known as a 25/5025 policy. As of four years ago the minimum insurance coverages for an automobile in Texas was increased. These new minimum totals are known as a 25/50/25 policy.

If you have 25/50/25 minimum insurance coverage for your automobile and you are driving within another state and are involved in an automobile accident and that state’s minimum coverage is 30/60/30 then your insurance company will increase your insurance minimums to meet that state’s minimum requirements.

You must also be aware if the state you are driving in is a no fault state. There are essentially two types of insurance policies liability to purchase, full tort or limited tort. For limited tort policies one will pay less in premiums but this will bar you from any lawsuits. In a full tort policy it will enable one to sue the other driver no matter what their policy pays and the amount of damages.

Adhere to the requirements for the minimum coverage amounts for automobile insurance policies in Coppell, Texas, as you would in any other city in Texas. Contact a local Coppell independent agent today for rates.

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