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. 

Three features to look for in an auto insurance policy

Auto insurance coverage is essential if you want to be a vehicle owner in Sugar Land, TX. We offer auto insurance coverage at Insurance Solutions of Texas that gives you the financial protection you need. 

The following are three key features you should look for when you’re deciding on the right auto insurance policy. 

Roadside assistance

Roadside assistance comes in handy if you ever break down while out on the roads. With roadside assistance, you can call up your insurance company, and they can send someone out to tow your vehicle to a garage.

With roadside assistance, you don’t have to worry about becoming stranded because of an accident or a mechanical failure. Many insurance companies offer roadside assistance as an added feature on their policies. This is one of the most useful features to look out for when it comes to auto insurance policies. 

Rental car coverage

If you’re in an accident and your vehicle needs to undergo repairs at the garage for a while, you’re going to be stuck without transportation. One perfect solution is to have rental car coverage on your auto insurance policy.

With rental car coverage, your auto insurance provider will pay for a rental car that you can drive until your vehicle is out of the garage and functioning properly once again. 

Automatic payment capabilities

You mustn’t forget to make a payment on your auto insurance policy. If you forget to make a payment, your policy could be canceled. 

Many auto insurance providers offer an automatic payment feature. With this feature, payments will be automatically deducted from your bank account so that you don’t forget about them. 

Are you interested in learning more about auto insurance in Sugar Land, TX? We’re here to offer assistance. Contact Insurance Solutions of Texas to explore your options. 

Why commercial insurance is good for your small business

It isn’t easy to be a small business owner. It comes with lots of hard work and worry. One thing you shouldn’t have to worry about is protecting your investment. Commercial insurance offers a wide variety of protections, which can be very good for your small business. The trusted professionals at Insurance Solutions of Texas in Sugar Land, TX have been helping small businesses like yours to choose the perfect coverage for their particular type of business since 1993. Commercial insurance isn’t one size fits all, but some types of coverage are almost universally useful. 

Helps you stay in business

Unfortunately, there are lots of things that can put you out of business, both temporarily or permanently. You need to have a place to do business and the equipment and products to conduct that business. Commercial property insurance protects you from a wide variety of hazards that can make it difficult or impossible to operate your business. 

Helps pay your expenses

If you are not able to conduct business for some time, income will be shallow and scarce. Business Interruption Insurance will help to keep your business going until things are back to normal. It pays regular running expenses and assists with payroll for both you and your staff.  

Helps protect and retain your employees

Workers’ Compensation Insurance pays your workers if they are hurt while performing their regular work duties. It pays medical expenses and loss of work income. Workers will appreciate your having this insurance since it is not required by law in Texas. 

When you are ready to have your current commercial policy reviewed or are a new business owner looking for your first policy, Insurance Solutions of Texas in Sugar Land, TX is ready and able to sit down with you and discuss your needs. Give the office a call or stop by to make an appointment. 

 

3 Benefits of Putting Up a Privacy Fence

Residents who live in all 50 states can discuss ways to protect their home and family with the agents of Insurance Solutions. One of the best ways to keep your home and family safe is to install a privacy fence. Properly built fences offer a variety of benefits and will increase the overall value of your home.

Reduced Visibility

A solidly built privacy fence will reduce visibility around your home. While you may be able to see out of the fence, it will be challenging for anyone to see in your yard or inside your home.

Restricted Access

With the right type of fencing, it will be complicated for intruders to gain access to your backyard or your home. Most privacy fences are at least six or seven feet high. In addition to keeping intruders away from your family, a sturdy privacy fence will also keep various types of animals out of your yard as well.

Protects Pets and Children

A good privacy fence also works to keep your children and pets safe. They won’t be able to wander out of your yard and get into mischief in the neighborhood. Your children and pets can play as much as they like without worry or fear that they will wander into the street or away from home.

The agents of Insurance Solutions have years of experience and look forward to working with their clients who live in Sugar Land, TX, and throughout the country. Each agent is dedicated to making sure their clients have all of the information they need before purchasing and installing a privacy fence. Call today and find out how they can help you protect your home and family.

When Should You Purchase Flood Insurance in Sugar Land, TX?

Floods are natural disasters that cannot be contained while it is active by any means at all. When it comes to protecting yourself and your home, it is during a flood, it is always best to plan ahead of time than at the moment. This is why residents of Sugar Land, TX are urged to purchase flood insurance sooner than later as a flood can be unexpected and leave extreme damage behind. 

Insurance Solutions of Texas is based in Sugar Land, TX and serves other counties around the states with a variety of insurance options. Since 1993, Insurance Solutions has provided residents all around the state of Texas with insurance that protects them and their assets. We want to make sure that our clients are completely protected every step of the way. Flood insurance is crucial for homeowners to have and here are benefits to having it before it is too late. 

Property damage coverage includes a good portion of everything inside of the house. Your assets such as personal valuables, cars, jewelry, and more can be covered under flood insurance. Trying to replace all of these things without flood insurance after the disaster could be a very hard and stressful thing to do. Structural damage will cover the cost of repairs that are required to your home including cabinets, piping, flooring, walls, and piping. Without having flood insurance, paying to replace all of those things out of pocket would take a big financial hit. 

Would you like to speak to one of our agents and plan for your flood insurance? Please feel free to contact us via phone during normal business hours at (281) 565-2222. You can also reach an agent as well via e-mail with any questions and/or concerns by completing this short inquiry form here

3 Types of Texas Auto Insurance

Sugar Land, TX is a beautiful place, but it has some very dangerous roads and intersections. Your friends here at Insurance Solutions of Texas want you to be safe on the road. We also want you to be protected in case you are involved in an auto accident. The following are three basic insurance types to consider when choosing your auto insurance coverage:

Liability

Liability is the minimum amount of insurance required by law. Liability insurance covers damages, medical costs, and other expenses incurred due to an accident in which you are at fault. Basic liability coverage includes bodily injury liability- usually a set amount per person and accident- and property damage. The level of coverage required for each category varies by state.

Collision

Collision coverage takes care of your vehicle in the event of an accident, no matter who is at fault for the event. This includes accidents involving other cars, buildings, stop signs, trees, and more.

Comprehensive

Comprehensive insurance coverage is designed to replace a vehicle that is damaged by covered events, which usually include things like fire, vandalism, theft, weather damage, and more depending on the policy.

Usually, when people use the term “full coverage,” it means that you have added both collision and comprehensive coverage. However, the term can mean different things to different companies, so it is essential to ask what specifically comes with a full coverage policy.

There are additional coverage types that you should consider adding to your policy. These include:

  • Uninsured or Underinsured Motorists– This helps cover damages and expenses caused by another driver that cannot pay.
  • Roadside Assistance– It comes in handy if you are broken down on the side of the road.

Protecting yourself, your loved ones, and your vehicle in the event of an accident is very important, and Insurance Solutions of Texas wants to help you choose the best coverage for your needs. If you are in Sugar Land, TX, stop by or give us a call today for a no-obligation, free quote! We look forward to serving you.