Home Insurance for Peace of Mind

It’s not a question of if, but when. Home insurance is something that every homeowner in Sugar Land, TX should have for peace of mind. But what are the benefits? Insurance Solutions of Texas can give you a few reasons why home insurance is so important.

What Is Home Insurance?

Home insurance is a policy that covers the full replacement cost of your home, less any deductible. You can also get additional coverage for contents inside the house and other structures on your property, like garages or decks. Homeowners usually pay their premiums monthly to protect themselves from unpredictable scenarios such as fire, theft, vandalism, and severe weather events.

Why Have Home Insurance?

It’s not a question of if, but when something unexpected will happen at your place, so it’s important to be prepared with an emergency fund if there are damages when you’re unable to make repairs; this way, you won’t lose everything— including peace of mind!

Home insurance may be required when you have a mortgage. If you don’t have a mortgage, it may be worth looking into to see if the peace of mind is worth the cost.

Home insurance will cover both your building and personal property according to what’s covered by your policy. Your home might need repairs after an accident or natural disaster like flooding; this type of coverage pays for damages up to certain limitations set in the agreement— which could include structural damage and replacement items inside the house such as furniture, appliances, clothing, and more!

If any damages happen—whether they’re intentional (such as vandalism) or accidental — these too can be taken care of because most policies also provide liability protection on anything.

Are You Looking for Home Insurance?

Home insurance will not stop disasters from happening. However, it will give you the peace of mind associated with knowing that you’re financially safe.

Are you in Sugar Land, TX and looking for home insurance? Contact Insurance Solutions of Texas for more information.

What Are Your Flood Insurance Options in Texas?

If your home is located in a floodplain zone, your mortgage lender will require you to have flood insurance. Even if your home is not located in a designated flood zone, it is still a good idea to have a policy in place since floods can happen anywhere. The flood insurance agents at Insurance Solutions of Texas in Sugar Land, TX, understand the importance of having a flood insurance policy in place to be on the safe side.

The state of Texas is prone to suffering floods, especially if your house is located in a coastal area or in a wide band area that is often referred to as Flash Flood Alley.  

Flood insurance Coverage

A flood insurance policy will cover any damages to your home, including the structure of your house and any outbuildings on the property, due to a flood up to the amount of $250,000. You will need to obtain a separate policy that will cover your personal belongings in the event of a flood, and that coverage can be any amount up to $100,000. Keep in mind, though, that there is a 30-day waiting period before your flood insurance coverage is active when it comes to most flood insurance policies. In other words, do not wait until a storm is on the horizon before you try to obtain a policy.

Call For An Appointment Today

To get your policy started right away, you will want to contact a flood insurance agent you can trust. The flood insurance agents at Insurance Solutions of Texas in Sugar Land, TX can assist you in obtaining your flood insurance policy today so call for an appointment.

Auto Insurance Requirements and Options in Texas

In the state of Texas, all drivers must have at least a liability insurance policy that will cover injuries and property damage sustained by other people in a crash that you caused. The auto insurance agents at Insurance Solutions of Texas in Sugar Land, TX can explain the additional liability auto insurance coverage that you can obtain.

Underinsured/Uninsured Auto Insurance Coverage

You can also get uninsured and underinsured motorist coverage. If you are hit by someone in an accident who does not have insurance or does not have enough to pay for damages, your policy will pick up the difference.

Comprehensive Insurance

Comprehensive insurance will pay for your vehicle if damaged or destroyed in an unforeseen circumstance, such as a fire, vandalism incident, or natural disaster. It will also pay to replace your vehicle if it is stolen.

Collision Insurance

Collision insurance will pay for damages to your vehicle if you collide with another auto or object.

Medical Payment Insurance Coverage

Medical payment insurance will pay medical bills for you and your passengers and will pay your medical bills if you’re injured while riding in someone else’s vehicle.  

Other Types of Auto Insurance Coverage

There are a few other auto insurance coverage types that you can opt to add to your policy, including towing and labor coverage and personal injury protection coverage, which is similar to the medical payment coverage. Still, it also pays for lost wages and even some non-medical costs.

Call For a Quote

To obtain the types of coverage you need and to provide you with the security you deserve, contact the experienced and trusted auto insurance agents at Insurance Solutions of Texas in Sugar Land, TX.

Commercial Insurance Add Ons To Consider

With all of the time, effort, and money you’ve put into your business, it is vital for you to do whatever you can to protect your company. The best way to do this is with the right insurance coverage. Commercial insurance is something you likely already have, at least in some form, but there are probably ways your business is currently exposed, leaving you and your employees at risk. To help, Insurance Solutions of Texas has several commercial insurance add ons for you to consider. So, if your business is in Sugar Land, TX, here are a few coverage options to consider. 

Property Insurance

You don’t need to own the property to need this kind of commercial insurance. Property insurance will protect the equipment you have within the building, even if it is a rental. 

Auto Insurance

Do you drive for your business? Maybe you have employees that do. Well, you will need commercial auto insurance for this. Traditional auto insurance will not protect the vehicle in the event of an accident. So, make sure you have the right coverage for all of your vehicles by protecting them with commercial auto insurance. 

Worker’s Compensation Insurance

If an employee is injured while performing work tasks, they will need to be taken care of. Paying for these kinds of injuries out of pocket is expensive, and if you try to avoid doing this, the employee may attempt to bring out a lawsuit. Protect you and your employee with worker’s compensation. 

Commercial Insurance For Your Business

Having commercial insurance built specifically for you is of critical importance to your company’s success and longevity. You don’t want to leave yourself exposed. So, if you currently run a business in or around Belaire or Sugar Land, TX, now is the time to contact the team at Insurance Solutions of Texas.

 

What You Need To Know About Home Insurance

Home insurance is designed to protect one of your largest assets, and you want to be sure you’ve got the right policy for your needs. If you’re in or around the Bellaire or  Sugar Land, TX area, Insurance Solutions of Texas can help you find the policy that’s right for your needs. You don’t have to settle for a mediocre policy that you aren’t comfortable with when there are opportunities for you to get the coverage that’s truly right for you. Not all policies work for all people, so finding what’s right for your home and family is the first step.

That step is easier to take when you have knowledgeable agents on your side. You can ask all the questions you have about home coverage and get the answers that will help you make an informed decision. The goal of insurance is protection and peace of mind, but the way to get those things is to have the information you need when looking at different policies. With agents that are committed to helping you find the right coverage for your specific situation, you can feel good about finding a policy that meets your requirements and protects the home you love and care for.

When you’re looking for home insurance in Sugar Land, TX, Insurance Solutions of Texas can help you find it. Reach out to our knowledgeable agents today, and ask them all the questions you have about a home policy that will fit your needs. Then you can enjoy your home even more and do all the things you want. The local area has so much to offer, and it’s more fun to explore those things when you know your house is protected properly. We want to help you with that so you can fully appreciate all the area provides.

What does flood insurance cover

Texas has seen some major flooding over the years, and there is no end in sight. With the weather getting warmer and hurricanes becoming more frequent, chances are floods will be a part of life for many areas. If you think you are covered for flooding with your home insurance, you will be in for quite a shock if you try to file a claim. Home insurance excludes floods. For information on flood insurance, you can count on Insurance Solutions of Texas in Sugar Land, TX. We have been helping clients find the right since 1993. 

FEMA provides flood insurance through the National Flood Insurance Program. You can purchase it directly from them or through one of the 60 or so approved agencies. To get flood insurance through NFIP, you must live in one of the 23,000 communities participating in their program. That is not to say that you couldn’t get some flood insurance but not through the NFIP. 

NFIP flood insurance is sold in two parts. One is building, and one is contents. You may purchase one or both parts. The building part maxes out at $250,000 and contents at $100,000. Not everything will be covered, but there is excellent coverage. 

The building policy covers the physical structure. It also covers the foundation. All major systems in the house are included, even electrical, plumbing, heating, and cooling. It will replace a furnace, water heater, and central air conditioning unit. It covers permanent floor covering and built-in bookcases. In the kitchen, the cabinets and the built in appliances are included. 

Contents cover the furnishings, decor, small appliances, portable air conditioning units, washer and dryer, clothing, electronics, and toys. 

To find out more about flood insurance, contact Insurance Solutions of Texas in Sugar Land, TX.

Are Comprehensive and Collision Required Auto Insurance Coverages?

You already know that you need liability to stay legal on the roads of Sugar Land, TX. But what about other auto insurance coverage? Our team at Insurance Solutions of Texas has created a guide to help you learn more about comprehensive and collision insurance.

Are Comprehensive and Collision Required on Your Auto Policy?

The short answer to this is no. Comprehensive and collision are considered first-party insurance, which means they pay to fix your vehicle in the event of a collision, no matter who is considered at-fault.

The State of Texas requires you to carry liability insurance. This is a third-party coverage that pays for the other person’s medical bills and property damage if you’re deemed the one who caused an accident. Thus, it is not legally required to have comp and collision on your Texas auto insurance policy.

You Might Still Be Required to Carry It By Your Lender

While the government doesn’t care if you have coverage for damage to your own vehicle, your lender probably does. Most have a clause in their contract with you that states you’re required to carry it on your auto insurance policy. Why? If you get into an accident and the vehicle is totaled, they want to make sure they can still get money out of their investment.

If you have a loan or lease on your vehicle, you’ll likely need to purchase comprehensive and collision insurance. Failure to do so could mean force-placed insurance, which gets added to your monthly car payment and often costs more than just adding it to your normal auto insurance policy.

Ready to learn more about how a policy from Insurance Solutions of Texas can help keep you legal while out on the road? Please contact us today to schedule a Sugar Land, TX auto insurance evaluation.

Top Misconceptions Driving People Away From Getting Business Insurance

Many professionals, business owners, and others ignore the concept and benefit of insurance; although, it carries so much value. There are a few top misconceptions about how people feel about business insurance, which we have addressed below. Located in Sugar Land, TX, the team at Insurance Solutions of Texas can provide all the information necessary to prove the importance of having business insurance. Let’s dive in.

Small Business Owners

Some professionals incline that they don’t need to acquire business insurance because their business might be too small. Their business may comprise only one or two employees, and they might have been in business for less than two years. However, the truth is that as long as you are going to start a business, no matter how small, you need insurance so you can cover yourself, employees, and also the business from liability. Without insurance, if there is any accident, loss of life, or injury on the premises, the business entity and business owner will be liable. A good employee might not accept a job offer in another scenario due to a lack of insurance coverage, whether medical or worker’s compensation.

Home-based Business Owners

Those who work from home business may consider it useless to have insurance coverage because they do business from home. But, it is just as important for them as it is for any other business entity. The homeowner’s insurance is not enough. While the coverage may be different for home-based business owners, the liability is the same for any other business. So, it is reasonable to say that your business should be insured as long as you conduct business.

The Associated Risks

Some business owners don’t look at the risks associated with having a business. For this reason, they believe their business is safe from risks as long as they do what it takes to prevent accidents and incidents. However, freak accidents can occur in any business location, whether home-based or corporate. Insurance serves as a contingency plan.

Conclusion

Last but not least, businesses consider insurance to be a worthless expense, which puts a dent into their bottom line. So, they would rather not even talk about it. These business owners are not looking at the amount of money that insurance can save them in the long run if there is an employee claim or lawsuit. It is better to prevent such occurrences by securing business insurance rather than waiting until something bad happens. Contact us at Insurance Solutions of Texas in Sugar Land, TX, and let us help you figure out how much business insurance you need for adequate coverage.

Common myths about home insurance that you should know

Home insurance is a standard policy that is generally recommended to protect families and personal possessions. Despite being widely used by many people in Sugar Land, TX and having a good understanding of how it works, home insurance still faces common myths and misconceptions, most of which you may have come across. Insurance Solutions of Texas will help clear the air, so you have a solid understanding of what home insurance is and how it works.

Flood damage is covered.

This is one of the most common myths. Many people fail to understand the type of water damage that home insurance covers. Flood damage is entirely different from general water damage in a home. For instance, if your water pipes burst and cause water damage to your personal belongings, home insurance will come in and repair the damaged pipe and replace the damaged items. However, if it rains heavily and water flooded your home, you will need flood insurance to cover these damages.

Your medical expenses are covered.

Home insurance only covers medical expenses for injured parties who are not family members, such as guests and neighbors.

Your premiums go up every time you file a claim.

Indeed, premiums go up when claims are filed but not after a single claim. Filing a single claim will not raise your premium rates. Premiums only hike when there are too many claims in a specific duration. The same principle applies to any Sugar Land, TX neighborhood with frequent claims, such as burglary prone areas. Insurance providers have to protect their investments with frequent claims by raising premiums, but not single claims.

All valuables are covered.

This is a common untrue statement because home insurance comes with limits and does not cover expensive valuables such as jewelry, arts and carvings, and even furs. All valuables that go beyond your coverage limits are not covered.

We hope that this article helped clear some of the myths about home insurance. For questions, quotes, or policy discussions, contact Insurance Solutions of Texas today.

Three things that impact your flood insurance needs

Flooding can cause extensive damage to homes in Sugar Land, TX. That’s why it’s so important to invest in the right flood insurance coverage. We can help at the Insurance Solutions of Texas. Flood insurance is one of the numerous types of insurance coverage we offer.

The following are three things to consider that impact your flood insurance needs. 

The flood risk in your area

The first thing to do when evaluating your flood risk needs is to consult a FEMA flood map. FEMA maps out areas in the country according to whether they have a high, moderate, low, or undetermined flood risk. 

If you live in a high-risk area, flood coverage is essential. You can discuss the flood risk in your area as well as your flood insurance needs with your real estate agent at the time that you purchase your home. 

The value of your property

The more valuable your property is, the more flood insurance coverage you need. If you live in a high-value property, flood insurance costs could be high for you. However, they are necessary to protect your home from the extensive damage a flood can cause.

The requirements of your mortgage lender

Mortgages lenders often require flood insurance, just like they require home insurance. Whether your mortgage lender requires flood coverage or not will depend on the amount of flood risk in your area. Discuss flood insurance requirements with your mortgage lender when you borrow your home. 

Are you interested in learning more about flood insurance in Bellaire or Sugar Land, TX? Let us be your information source for all things flood insurance. Contact us by phone to learn more about how you can best meet your flood insurance needs.