Month: April 2020

Hard to Insure? Consider Specialty Property Insurance.

Posted on by AgentInsure

Do you own a property that has special insurance needs that make purchasing insurance a little less straight forward than otherwise? At Integra Insurance Services we’ve seen it all and we can likely provide you with the exact insurance you need for coverage in your unique situation. We serve Huntington, TX,  and the surrounding areas with quality insurance services. 

Situations That May Require Specialty Property Insurance:

  • Multi-Family Property If you rent out or own a home that has more than one family unit living in it, such as a duplex or a multifamily apartment complex you will face increased risk situations that you will want to be fully covered for. 
  • Mobile Homes There are some special insurance considerations for mobile homes, particularly older ones. You may need to purchase additional coverage and there comes a point where your mobile home may be difficult to insure at all if it was built before a specific date. 
  • Coastal Homes Beach and tidal river homes are the best, right? But for all the perks the risks are also high. If you have a home on the river, lakeside, or on the ocean you can still purchase insurance, and certainly should, but there are some special considerations. 
  • Rental Homes If you rent out your property your insurance will be different than the homeowner’s insurance policy you would buy if you lived there. Contact us to learn more. 
  • Vacant Property There is specific insurance for properties that sit vacant for an amount of time that you should purchase to keep you covered in any situation. 

Integra Insurance Services serves the community of Huntington, TX with premium insurance for all your business and personal needs. Contact us today to learn more about specialty insurance. 

3 Commercial Insurance Coverages To Consider

Posted on by AgentInsure

We are Integra Insurance Services and we have been serving Huntington, TX, for many years. We offer different types of insurance policies. For business owners, we offer several types of commercial insurance coverages and we will give you three of them to consider.

1.         General liability insurance

This coverage protects your business from lawsuits bordering on slander, libel, property damage, or bodily injury. The policy will provide funds for legal defense and also settle the plaintiff if you’re found guilty. Without this coverage, if you lose the case, the settlement could run you out of business completely.

2.         Business income insurance

When your office and equipment are damaged by fire or wind, this coverage compensates you for the amount of revenue you lost due to the incident. Theft of business equipment is also covered by this policy. If your tools are stolen, it may take some time before you are able to replace them. During that period, there’ll be a drop in your productivity. This coverage will refund the amount you lost.

3.         Commercial property insurance

This coverage will pay for the repair or replacement of your damaged or stolen equipment. Don’t mistake it for business income insurance policy, which compensates you for loss of revenue caused by damaged or stolen tools.

Imagine a situation where a sudden tornado hits your office, damaging your equipment and all the vehicles parked in your premises. Due to the damage, your office has to be closed for a couple of weeks. Unfortunately, the wind also hurled some stones which broke the windshield of one of your customers’ cars.

To make things worse, the customer filed a lawsuit against you. Without any commercial insurance policy, it will take a miracle for your business to survive the litany of issues. On the other hand, if you have purchased the three insurance coverages above before the incidence, you’d be unruffled.

General liability insurance will take care of the customer’s car and the lawsuit. The business income insurance will compensate you for how much you lost during the closure of your office, and finally, the commercial property insurance policy will reimburse you for the cost of repairs and replacements.

For other essential commercial insurance coverage, contact us at Integra Insurance Services in Huntington, TX.