Property and Casualty Insurance in North Texas
The average American household contains thousands of dollars in electronics and appliances, including televisions, computers, home theaters and sound systems. With the increasing popularity of the smart home, anything in your home that uses electricity can be put on a home network at your command. All the advanced technology and the vast array of gadgets Continue Reading …
Traditionally, there have been four coverage sections on a Directors & Officers insurance policy. These four parts are Nonindemnifiable Claims, Indemnifiable Claims with a Retention, Entity Coverage, and Outside Directorship Liability. 1. For nonindemnifiable claims, the company cannot indemnify or hold harmless its directors and officers. 2. Where the company can indemnify after satisfying a Continue Reading …
My teenager just received a license to drive. Do I need to add him/her to my policy now? Will it increase my premium? The short answers are “yes” and “yes.” Most personal auto policies written in Texas extend liability coverage to anyone using a covered auto with your permission, including children when they begin to Continue Reading …
If I have health insurance, why do I need Personal Injury Protection or Medical Payments coverage on my auto policy? Personal Injury Protection (PIP) coverage provides payment for medical bills, funeral expenses, lost wages or replacement services (for homemakers) if you or a member of your family are injured in an auto accident. This coverage Continue Reading …
I am taking my family on vacation this summer and we may travel to a foreign country. Will I need any special insurance to cover my personal property and liability? Vacations, whether taken in the summer or the winter, can pose unusual risks you don’t encounter every day, especially when you travel out of the Continue Reading …
Why is my neighbor’s homeowners insurance premium less than my homeowners insurance premium? Homeowners policies are like cars. There are different types with different options. And all of those options affect the premium. Your neighbor may have chosen a higher deductible, or chosen to buy a policy that does not provide as much coverage, or Continue Reading …
How much insurance do I need on my home? You should have an amount of insurance that is sufficient to rebuild your home in the event it is totally destroyed by a fire, tornado, hurricane or other insured catastrophe. It’s estimated that about 60 percent of American homes are underinsured by an average of 22 Continue Reading …
My son (daughter) is leaving home in North Texas to attend college this fall. Will my auto and homeowners insurance policies cover him (her) while at college? When college students move from home to their home-away-from-home, a rented dorm or apartment, insurance issues can arise and should be addressed before they leave home. One key Continue Reading …
Do I need special coverage for my GPS, computer, DVD player and other electronic equipment in my commercial vehicle? The mobile nature of business today has created a need for businesses to put communication and other electronic devices in their company vehicles. TVs, DVD players, GPS devices, satellite radio receivers, VCRs, CD players, computers, tape Continue Reading …