Your Guide to Insurance in Texas

Insurance is there to protect your assets. Some insurance policies protect specific property, such as your auto and homeowner’s insurance. If something happens, you don’t have to find the money to repair your car or rebuild your home. Of course, both types of policies also include a liability portion that protects you in case someone else is injured or sustains property damage.

Your insurance policies can also protect you from financial hardship and provide for your loved ones when you’re no longer able to. For example, you can use life insurance in Dallas as an investment vehicle that also protects your family. Finally, some insurance policies, such as disability and long-term care insurance, protect the wealth you’ve worked so hard to build. 

We care about you and your family and want to make sure you’re protected. Therefore, we focus on providing you with the insurance that offers the best value for you. Here are some examples of personal insurance policies you might need:

-Home insurance
-Auto insurance 
-Life insurance
-Renter’s insurance
-Umbrella insurance

It doesn’t matter where you live in Texas. Whether you’re from Burleson, Longview, or Corpus Christi, you need to protect yourself, your family, and your assets with the right mix of insurance products. Few people have the personal funds to rebuild their home after a fire or cover the cost of a lawsuit. The more assets you have, the more important it is to add adequate insurance coverage. 

Which Insurance Am I Legally Required to Have?
In Texas, you’re legally required to have auto insurance if you own a motor vehicle. If you have a car loan, your lender will require full coverage for the car. If you have a mortgage, your lender will require homeowner’s insurance. Finally, for some types of jobs, you may be required to carry liability insurance to get a license as a contractor. 

What Type of Insurance Coverage Makes Sense for Contractors?
All contractors should have general liability insurance. Liability coverage may be a requirement to submit and win bids or keep your license. But you also need to protect your assets and your business. If you have employees, you’ll need worker’s compensation insurance, too. Talk to us about your insurance needs, and we’ll help you determine which policies are appropriate for the type of business you’re running. 

Does Everyone Need Life Insurance?
Most people should have a life insurance policy. If you don’t have a life insurance policy, then your family has to make do with whatever assets you leave behind. Even if you’re not a primary wage earner, your family might depend on you for other things, and they’ll still have to cover funeral costs, too.

How Much Liability Insurance Do I Need?
How much liability insurance you need depends on what type of business you run. We can help you find the ideal coverage amount. For personal insurance, you can always add an umbrella policy that offers extra liability protection. The more assets you have, the more coverage you want from your liability insurance policy.