Month: December 2013

Payment plan options for toy insurance in Lufkin, Texas.

Posted on by AgentInsure

There are a lot of things that people can own that they will need some kind of toy insurance on. You may own an ATV, boat, scooter or even a golf cart. You can also choose what kind of coverage benefits to include on the policy. You can also choose how you want to pay for the insurance. Here are some payment benefits that you may be able to choose.

Different Toy Payment Options for Insurance in Lufkin, Texas

  • The first payment option is to pay for the policy in full. This means that you pay 100 percent of the premium when you start up the policy. In some cases there may be a discount for paying for it in full.
  • You may be able to pay for the policy one month at a time. There is usually an administration fee that you will have to pay by choosing this plan.
  • Depending on how you get your policy you may be able to have the premium deducted from your paycheck each pay period. This option also gives a discount since the premium is taken out be a third party and sent on to the insurance company.
  • There is also bank deductions. This means that the premium is automatically taken from your checking account.

If you live in Lufkin, Texas and have any questions about toy insurance or how you should pay for them, then you should call your independent agent today. As your agent we can help you see the benefits of each of the payment options and how they can help you maximize your money. It is important that you give us a call so that we can give you specific details for your circumstances so you can have the best policy for your toys.

Will Protection and Indemnity Cover Damages Caused by Ramming in Lufkin, Texas?

Posted on by AgentInsure

The answer to your question about ramming protection being covered by a Protection and Indemnity(P&I) insurance policy is yes, it does provide this coverage.

As independent agent we feel that the following information is very informative for boat owners.

Insurance Requirements

In Lufkin, Texas boat insurance is not mandatory, but accidents do happen. For peace of mind, it’s a good idea to have coverage for protection. Without boat insurance, you will probably be held responsible for damages plus other related costs in the event that something does happen. It could end up being quite costly. We don’t recommend placing yourself in this type of position.

Available Insurance Boating Policies and Coverage

Two of the most common boating insurance policies available in Lufkin, Texas are:

* Machinery and Hull – This is a popular type of insurance that covers the repair costs for a damaged vessel along with replacement costs for a lost vessel, regardless of the cause of the damage and circumstances. Other boat insurance coverage includes loss or damage as a result of theft, loss due to a collision, accidental sinking and fire. Depending on the boat insurance policy, some only cover specific hazards while other policies list a wide array of losses.

* Protection and Indemnity(P&I) – This type of boating insurance policy provides coverage in the event you’re sued for injury or damage caused by your boat, plus medical expenses for passengers and/or third-parties. It also covers damage caused by fire, collision, and ramming, among others. A P&I policy only provides coverage for those aboard the vessel, and usually excludes coverage for sports such as water skiing.

As you can see from what we’ve shared, there are variables with boat insurance. We encourage you to call us so we can provide you with advice and cost-effective coverage information.

What happens if a building in Lufkin, Texas, Is not insured to the extent required by the commercial insurance policy?

Posted on by AgentInsure

Every state has minimum requirements for personal and commercial insurance, but restrictions are particularly stringent for commercial policies purchased by businesses. Each business must meet minimum requirements for building insurance, auto insurance, and other specific types of insurance to cover employees and customers.

Companies and businesses are required to purchase specific types of insurance so employees are protected whether they’re driving, working in a storefront, or participating in other work-related activities. This also protects the company against potentially damaging lawsuits by overambitious customers or people in town.

Failing to meet the minimum requirements for commercial properties in Lufkin, Texas can result in some severe repercussions. A commercial company with inadequate vehicle insurance can result in very expensive fines from the state government.

In case of an accident, having inadequate–or the cheapest possible minimum–coverage could easily end up being a choice you’ll regret when the worst happens. Skimping on recommended insurance policies could save you for a few months or years but cost you thousands in the long run.

In order to make sure you’re both meeting minimum State of Texas requirements and protecting your business to the extent required by law, talk to an independent agent about your options and ask what types of policies they would recommend.

Your independent agent will know which questions to ask to make sure you get the type of policy you need, making sure you are insured in a way that protects you and your employees against fines and damages.

Taking the time to research your options now could make all the difference in the world when an accident does happen. It’s worth the investment in time to make informed choices on insurance policies–this is a decision that will impact you for years.

Is There a Need to Insure a Property that is Normally Locked and Not in Use in Lufkin, Texas?

Posted on by AgentInsure

When you are looking for appropriate home insurance in Lufkin, Texas, you may worry about protecting property that is left in a locked house. When your property is vacant, you may wonder if you need to insure the house while it is not in use. In general, it is best to keep your insurance, even when the property is locked and you are not currently staying in the house.

Protecting Against Vandalism

Even when the house is normally not in use, it is best to maintain some coverage to protect against vandalism and damage from a break-in. The property can be damaged for a variety of reason and that damage can add up when measures are not taken to protect against the problems. Vandalism and break-ins can add an unnecessary expense to the maintenance of your property.

Maintaining Coverage for Unexpected Damage

Unexpected damage can take many forms, such as damage from a fire, flood or similar disasters. It is important to maintain some insurance coverage for the building when you are not using it to protect against the financial loss of major repairs. A fire or flood might make the building uninhabitable, which means that major repairs will be necessary to sell or use the building in the future.

Even if you are not currently living in a building, it is best to maintain some protection plan to keep the property safe. The cost of repairs after an accidental fire, a natural disaster or a case of vandalism can add up. Insurance protects you from that financial loss. If you are not sure about the right type of coverage for your situation, then contact us today to talk to an independent agent.