Month: January 2022

What You Need To Know About Specialty Property Insurance

Posted on by AgentInsure

Property owners need sufficient insurance in order to protect the investments they have made in their properties. At Integra Insurance Services, serving Huntington, TX, we make it our aim to provide clients with solid information so that they can make confident insurance choices. Keep reading to learn more about specialty property insurance. 

What Is Specialty Property Insurance?

Specialty property insurance is a unique type of insurance policy that can be customized for properties that do not fit into traditional categories. Finding the right kind of insurance coverage for these properties is imperative to your ongoing financial health and success. 

What Types of Properties Are Covered?

Specialty property insurance can be customized to cover many different types of properties. Below you will find some of the most common properties that would need this type of coverage.

  • Rental properties- If you have invested in rental properties, you will need customized insurance coverage.
  • Vacant properties- Vacant properties carry with them a unique set of risk factors. You can make sure all your bases are covered with specialty property insurance. 
  • Manufactured homes- Not all homeowner policies are appropriate for manufactured homes. A specialty property policy could be just what you need. 
  • Multi-unit tenant insurance- For those operating a multi-unit rental property, there are specific insurance needs that can be met with a specialty property policy. 

If you would like to learn more about specialty property insurance or any of our other insurance products, please contact us at Integra Insurance Services, serving Huntington, TX. We will be happy to answer your insurance questions and help you find the best policy to meet your needs. 

Required Commercial Insurance in Texas

Posted on by AgentInsure

When you own a business in Texas, it’s important to have all of the insurance coverages that you need to keep you and your business protected. In this state, there is only one type of commercial insurance that is required in most cases, but there are several other types that are extremely helpful for businesses of various types. If you need commercial insurance, call us at Integra Insurance Services in Huntington, TX.

Commercial Auto Insurance

When your business owns a vehicle in Texas, it is required to have commercial auto insurance. There are three amounts of coverage that are required to be in these policies. The first is an amount of bodily injury liability for one person who is injured in an accident caused by your company’s vehicle. The second is a large amount that is required for all of the people who become injured in this type of accident. The third is a minimum amount of property damage liability that covers the damage to someone else’s property in an accident caused by your company’s vehicle. If you have a vehicle that is used for work tasks, but it’s not owned by the company, it should have a policy called hired and non-owned. This isn’t required, but it is a smart choice to make sure that your vehicle is covered when it is taking care of work tasks. 

Workers’ Compensation Insurance

Texas is unusual among states because it doesn’t require every company to have workers’ compensation coverage for its employees. This coverage is only required if you contract with the government. Otherwise, it’s simply suggested and not required. This type of insurance pays for the medical bills that are caused by an employee who is injured while on the job. This coverage can keep you from being sued over these bills and other expenses related to the injury. 

Call Us Today

If you need commercial insurance, give us a call at Integra Insurance Services in Huntington, TX.