What You Need To Know About Specialty Property Insurance

Specialty properties have unique insurance needs. If you own a specialty property, the experts at Integra Insurance Services, serving Huntington, TX, can help you find the insurance products you need to keep your property safe and your investment secured. Keep reading to find out more. 

What are Specialty Properties?

Specialty properties are properties that have unique characteristics and therefore require unique insurance coverages. These types of properties can include but are not limited to:

  • Manufactured homes
  • Multi-unit rental properties 
  • Seasonal properties

If you are not sure if your property falls under this category, you should speak with an insurance representative to find out. 

What Does Specialty Property Insurance Cover?

In many cases, a specialty property is used for the purpose of a business or for making a profit. Protecting this property could be vital to your business endeavors. Specialty property insurance can be customized to suit your particular needs. In many cases, specialty property insurance will cover the following areas:

  • Property damage- This type of coverage will kick in if there is damage to your property due to natural disaster, fire, or burglary. 
  • Liability coverage- This type of coverage is essential if someone is injured on your property. If someone is injured on your property, you could be held liable for their medical expenses and other costs. Having sufficient liability insurance in place can protect your assets from these expenses. 

If you would like more information concerning our insurance services and products, please contact us at Integra Insurance Services, serving Huntington, TX. We will be very happy to answer your insurance questions and help you choose the best products for your needs. 

Do I Need Commercial Auto Insurance?

Every country issues a driving license to drivers who show competence. Licensing ensures that drivers are knowledgeable on road safety practices hence minimizes accidents that may cause loss of life. Buying insurance for your vehicle is a worthwhile investment. It gives you an easy time in case an accident occurs. Integra Insurance Services in Huntington, TX, provides its clients with insurance that covers their personal and commercial auto insurance at friendly costs. Here is what to know about your commercial auto insurance.

Personal Versus Commercial Auto Insurance 

The main difference between personal and commercial auto insurance is who owns the car. If your business owns a vehicle, it is mandatory to insure it with commercial auto insurance. Personal auto insurance only covers accidents that may occur while one is using their vehicle on private activities. Its policy entails less coverage making it cheaper than commercial auto insurance.

What Does Commercial Auto Insurance Cover?

Commercial auto insurance covers accidents that occur when you or your employees are driving a company-owned vehicle. While both personal and commercial auto insurance policies cater for legal and medical costs associated with vehicle accidents, commercial auto insurance covers higher claims, different vehicle types, and more advanced legal matters.

Covering Business Vehicles

Business owners who possess a vehicle used majorly for business are the immediate targets for commercial auto insurance. It has a higher liability limit compared to personal auto insurance. Typically, it covers vehicles used in transportation, carrying clients or employees, towing alongside other services that earn income.

Acquiring a Commercial Auto Insurance Cover

In most states, purchasing car insurance is a federal requirement. Managing, repairing, and potential court sessions are costly and time-consuming. Integra insurance services offer professional insurance covers based on your preference at friendly rates. Visit them today for details on your preferred insurance package if you live around Huntington, TX.

4 Car Insurance Add-ons to Consider

Insuring your vehicle is a worthwhile investment because it lessens your financial burden when accidents happen. However, depending on where you live and your driving style, you need to consider other insurance add-ons to get the best out of your car insurance coverage. While there are numerous add-ons to consider, Integra Insurance Services of Huntington, TX, shares four vital add-ons worth the extra bucks. 

Zero depreciation cover

This add-on is one of the most popular since it cushions policyholders against depreciation when making claims. Without this coverage, you will get your claim amount less the depreciation amount. If you own a car that is less than three years old or a luxury vehicle with expensive spare parts, you need zero depreciation cover to avoid you incurring out-of-pocket expenses when repairing your car.

Roadside assistance coverage

Has your car ever stalled away from home? It can be a frustrating ordeal. Thankfully, if you have roadside assistance coverage, you enjoy the below services when your car breaks down:

  • Gas delivery
  • Towing
  • Puncture repair
  • Battery jumpstarting
  • Other minor repairs

If you drive your car for long distances or your car is prone to breakdowns, it’s vital to consider this coverage.

Engine protect

In a typical accident, comprehensive and collision coverages pay for the damages of your engine up to your coverage limit. Otherwise, where your engine is damaged because of oil leakage and water damage, your typical auto insurance won’t help. Here is where the engine protect coverage comes in handy.

Consumables cover

When you consider this add-on, your insurance takes care of consumables like fluids, nuts, washers, and other consumables in case of damage or loss. While these consumables might appear as of low value, they can quickly stack up for high-end vehicles. 

Are you looking to boost your car insurance coverage with the above add-ons? Please contact Integra Insurance Services. Besides, you can visit our Huntington, TX offices to help you choose add-ons suitable for you. 

How Much Home Insurance Should I Have?

When you invest in a home, for many people it is the largest investment they ever make. Protecting that investment requires having the right home insurance. How much home insurance you should have is determined by several factors. At Integra Insurance Services in Huntington, TX our passion lies in serving and protecting our clients from many things that can affect their financial stability. We aim to create a long-term relationship by giving you the customer service you deserve. 

If you have a mortgage your lender will require you to have liability and building coverage, these may be very minimum requirements.  The sad fact is that 60% of homeowners are underinsured by as much as 20%. 20% may not sound like much but when you think hundreds of thousands of dollars; it is a lot of money. If you file a claim and your limit is too low, you won’t get enough to replace what needs replacing. You need:

  • Enough money to rebuild your house
  • Replace your stuff
  • Cover damage or injuries that happen on your property
  • Pay your living expenses if you can’t stay at home

The rebuilding cost of your home is just that, not the value of your home. These two figures are not the same, and you don’t want to have to settle for less than you already have. You need to know your square footage and the average building cost per square foot in your area. 

Do any inventory to get a better idea of how much stuff you have and how much it will take to replace it. Keep in mind your policy limit on certain items like jewelry and electronics. 

With liability coverage, get as much as you can afford. 

Additional living expenses should be between 10%-30% of your property coverage. 

In Huntington, TX, contact Integra Insurance Services for all your home insurance needs. 

What coverage comes with toy insurance in Texas?

Anyone that is in the Huntington, TX area and would like to enjoy the area as much as they can look into getting a recreational toy. With a recreational toy, you are going to be able to enjoy all of the local outdoor parks and trails in the area. When you get one of these toys, you also need to consider getting toy insurance as it offers a few forms of coverage that are important to have. 

Liability Protection

A form of coverage that will be helpful with your toy insurance plan is liability insurance. When you are the owner of a recreational toy, there is a chance that you could be at fault in a collision when operating it. When this occurs, you will be obligated to cover damages that are caused. With a proper toy insurance policy, you are going to have the proper coverage you need to offset this risk and cover the cost of the damages.

Protect Your Asset

While a recreational toy is something that you can have a lot of fun with, it is also something that will require an investment to purchase. The best way that you can protect his asset and investment is by getting a toy insurance plan. With this coverage, you are going to have the financial support needed to replace the asset or cover damages if it is stolen or damaged in an accident. 

As you are looking to insure your recreational toy in the Huntington, TX area, it would be wise for you to call Integra Insurance Services. There are a lot of important factors to consider when you are looking for a new insurance plan. Integra Insurance Services can help ensure that you are able to take all of these factors into consideration when picking out a new plan. 

Who needs boat insurance in Texas?

The summer months in Huntington, TX tend to be quite long and warm. Due to this, finding a great way to escape the heat is quite important. As you are looking for ways to stay cool, you may find that buying your own boat is an ideal option. If you choose to buy a boat when you are in Texas, you should consider your insurance needs. There are a few scenarios when having boat insurance will be necessary. 

Those that Have a Loan

A common situation when someone will need boat insurance is when they have taken out a loan. Buying a boat can cost a lot of money up front and a great way to bridge the gap is with a loan. However, until the loan is paid off, you need to comply with the loan agreements. For most lenders, this will include requiring you to maintain a full boat insurance plan.

Those that Want Liability Mitigation

Even if you are very safe and careful, boat accidents do happen from time to time. A great way to offset any potential liability claims is by getting boat insurance. A full plan will offer you ample liability insurance that can provide you with the support needed. This can help ensure that you are covered if you do cause an accident. 

When you do decide to buy a boat in the Huntington, TX area, it will be very important to get proper insurance for it. The team with Integra Insurance Services can offer you all the support that is needed to build and choose a plan that is right for your situation. When you call Integra Insurance Services you can learn more about this type of coverage and how you can protect yourself and your boat with a quality plan. 

What is Covered Under Specialty Property Insurance?

There are a number of different types of property, and making sure you have the right insurance for yours is vital to proper coverage. The type and level of coverage both matter, allowing you to protect your property in the best possible way. If you’re in the Huntington, TX area and need specialty property insurance, we can help at Integra Insurance Services. We know you may have questions about the coverage you have or other types of coverage you might need. Our trusted agents are here to help you get the information you’re looking for, and the coverage you need for strong peace of mind.

With specialty properties, you need insurance that meets their unique needs. You might have a farm or other large land area, or you may have a structure on your property or a purpose for it that’s not typical. If that’s the case, there are options for coverage that may not fall under more standard policies. If you aren’t sure what you actually need, you could end up with a policy that won’t protect you or one that gives you more coverage than is necessary based on how you use your property.

The right specialty property insurance is key to proper protection for the long term. If you’re in the Huntington, TX area, reach out to Integra Insurance Services today and let us help you get the right type and level of coverage. That way you can protect the structures on your property or the ways you use that land so you don’t have to worry about issues that could arise in the future. No matter what type of land you have or how you’re using it, a specialty property policy can be the right option to make sure you’re covered.

What coverage comes with commercial insurance in Texas?

In the Huntington, TX area, owning a business can be a great career path. Those that choose to own and start a business here will appreciate the local support for small businesses and the strong economy. If you are going to start a company anywhere, you need to have proper insurance. A full commercial insurance plan in Texas will provide a business with several different forms of insurance coverage that could protect the organization.

Protection Against Liability Risk

A very important benefit that you will receive when you get a commercial insurance plan is protection against your liability risk. If you are going to sell anything to a customer, you will always take on liability risk. If you are deemed liable for damages, the costs associated with it can be significant. Fortunately, with a full commercial insurance plan, you will get the liability insurance protection that will help to offset this risk. 

Coverage for Company Assets

A business owner is going to need to purchase some type of asset to get the company moving in the right direction. This can include major equipment, inventory, or other valuable assets. If there is ever an event that results in damage or loss of these assets, it could be very bad for the company. With a proper insurance plan, this risk can be properly mitigated and offset with coverage. 

Anyone that is going to start a business in the Huntington, TX area needs to have proper insurance for their company. As you are looking for a new plan, it would be wise to call Integra Insurance Services. The insurance professionals with Integra Insurance Services will help you better understand your options and give the guidance needed to choose a policy that is right for you and your organization. 

Protect your Texas home with a comprehensive home insurance policy

Homeowners in the Huntington, TX community turn to Integra Insurance Services for all of their insurance needs. If you are an area resident who is unsure if their home policy provides the comprehensive coverage you desire, we can help! Keeping one’s house insurance policy up-to-date is an important part of homeownership, and as such, policies should be reviewed on a regular basis.

Is it time for a more comprehensive home insurance policy?

Many homeowners review all of the policy options available to them when they first purchase their house. But, as time goes on, it is common for residents to simply renew the same policy year after year. Because of this, some people may find that their home policy has not kept up with their coverage needs. Don’t let this happen to you! 

House insurance policies may not need dramatic changes, but it is a good idea to perform a policy review on a regular basis. There are many features and benefits that may now be appropriate for your current needs that you may not have considered. A comprehensive policy picks up where your basic one lets off and increases the level of protection for your family home. With a comprehensive policy that meets your current coverage levels, you can rest easy that you and your family have the protection you need. 

Regular policy reviews can help to identify any gaps or shortfalls in coverage before they become a problem. Why not upgrade your policy today?

Rely on Integra Insurance Services

Huntington, TX residents turn to our knowledgeable and helpful agents for all of their home insurance needs. If it’s time for you to upgrade your current policy to one that provides more comprehensive coverage, give us a call today!

How To Be Certain My Auto Insurance Coverage Will Work

Integra Insurance Services knows purchasing auto insurance works as a reflex action. In Huntington, TX drivers must carry it. Texas law demands compensation if you’re at fault, it’s common sense. Your potential price tag for a car accident is more than you might expect. Out-of-coverage damages are frightening.

What if I’m not at fault?

Other drivers don’t always have adequate coverage. If you are not at fault in an accident, you can’t be sure that other drivers have insurance. Texas recommends uninsured driver protection. Be sure you have enough coverage. Select comprehensive coverage choices that your pocketbook allows.

Why do I need more coverage?

Huntington, TX drivers are required to carry at least $30K for injury, $60K per accident, and 25K for property damages. Liability insurance covers some repairs, medical bills, and property damage. You are responsible for out-of-pocket expenses if damages exceed your coverage amounts. Can’t flip the bill? You may find yourself in court. Almost any accident victim may sue you for more damages.

What types of Supplemental Coverage should I choose?

Choices for added coverage will depend on your circumstances. Conduct research on more collision, comprehensive, and medical coverage. Purchasing a new car? Finance companies require you to carry full coverage. An Integra Insurance Services professional serving your area can help you find the best choices, bolstering the 30/60/25 Texas mandate.

When will I need supplemental insurance? 

Your coverage may not be enough under the following conditions:

  •   Driving a company car or another person’s car.

  •   Rideshare driving or delivery services.

  •   After factory production accessories.

  •   Driving in other countries.

  •   New car purchases may only last up to 20 days.

More questions about coverage? An Integra insurance professional serving Huntington, TX is available to help. Contact Integra Insurance Services today at 800-655-2159.