Texas Home Insurance

How To Save On Your Georgetown, TX  Homeowner’s Insurance

Homeowner’s insurance typically covers you against fire, theft and other damage to your home and personal property. Georgetown, TX Homeowner’s insurance also covers your liability in case someone gets inured on your property. Everyone likes to save money on their homeowner’s insurance. But many people assume that saving money equals less coverage.  That is not so.  Here are some simple things that you can do to save money on your homeowner’s insurance without compromising coverage.

Homeowners insurance Savings

Stop smoking. There are over 8,000 smoking related fires every year in the U.S.

Fix the plumbing, roof, or wiring. If you live in an older home, updating these items can reduce your premiums and improve the value of your home.

Do not put in that pool. Having a pool can be fun, but it increases your personal liability and homeowner’s premiums.

Install a home security system. Home security systems can reduce your premiums and add value to your home.

Increase your deductible. Did you know most people never have a homeowner’s insurance claim?  Why not increase your deductible and save money!

Let us shop the market for you. We have access to many markets that can offer competitive homeowner’s insurance premiums.

Many insurers give locality discounts.

A 2018 Business Insurance Update

Risk management and insurance issues that your local business faces are not that much different from those faced by fortune 500 companies; fortune 500 companies’ risks are just larger and possibly more complex. Making sure that you have the right kind of business insurance for protecting your operations is our number one goal.

Recently, PC360.com ran an article describing the top risks for large corporations. We thought we would relate these risks to your local business, and suggest some insurance that your business should consider to cover these risks.

• Business Interruption Insurance – This can include lost net income, continuing expenses, and even relocation expenses. This coverage is not always automatic, and needs to be added with specific limits.

• Directors and Officers Liability – Directors and officer’s liability insurance helps protect your business, owners, executives, and managers if individuals, competitors, third parties or government regulators make claims.

• Regulatory Compliance Issues – New regulations and contractual risks are increasing for all organizations. Issues include; contracted employee, healthcare, workers’ compensation laws, environmental issues, cyber reporting requirements, and more.

• Employee Safety – Maintaining a safe working environment should always be a top priority for your business.

• Cyber Liability – Did you know that the average business has a greater chance of having a cyber breach than it does of having a fire? It is true, and your business insurance policy most likely will not cover cyber liability losses. “This new world of connected devices promises insights on which companies can base strategic decisions. But the ability to obtain more information brings the responsibility to use that data appropriately, maintain customers’ privacy, and practice effective cybersecurity.” PC360.com

How to Minimize Holiday Risks

A Personal Insurance Update

November is here and that means the holiday season has started.  Over the next number of weeks, holiday activities will consume much of our time.  This is also the season when homeowners have insurance claims for fire, burglary, theft from vehicles, and even auto accidents.

Now may be the best time to have us review your personal insurance in order to make sure you have the individual coverage you need.

Shopping Safety Tips

Always be aware of your surroundings.

Put your shopping bags in your trunk.

NEVER leave car doors unlocked or windows open.

ALWAYS park in lighted areas. Do NOT park in remote areas.

Shop with a friend.

Keep receipts in your wallet or purse.

Avoid carrying large amounts of cash.

As you return to your car, make sure to keep your car key in your hand.

If you make expensive purchases, like jewelry or guns, call our office, as we may need to add these to your policy.

Christmas Tree Safety (provided by the NFPA)

Make sure the tree is at least four feet away from any heat source, like fireplaces, radiators, candles, heat vents or lights.

Make sure the tree is not blocking any exit or door.

Add water to the tree stand daily.

Never use lit candles to decorate the tree.

Only used approved lights.

Connect no more than three strands of mini string sets and a maximum of 50 bulbs for screw-in bulbs

Replace any string of lights that has worn or broken cords or loose bulb connections.

Home Safety Tips

If you are planning a vacation during the holiday, here are few ideas to consider:

Get a security system.

Trim landscaping that is too close to your house.

Don’t advertise your vacation on social media.

Cancel mail and other deliveries.

Leave lights on when gone.

Have a neighbor check on your home.

Always lock your garden sheds and garages.

Use a variable light timer to activate lights inside your home.

Lock all doors and windows.

While you are gone, arrange for your lawn to be mowed.

Have adequate exterior lighting.

 

What Is Trending in Risk Management

Are you concerned about the future?  Is your risk management program designed and prepared for changes in pricing, economic downturns, healthcare, changes in employment laws and upcoming political elections?  A broker or agent who cares about your business will be on the forefront of change.  Part of providing outstanding customer service is helping clients understand how current and future trends may affect their risk program.

Every so often, we think it is a good idea to talk about what may be happening regarding insurance and risk management.  We review many different insurance publications, insurance company bulletins, and other professional’s opinions, to analyze these trends.  This allows customers to make educated and informed decisions about their individual programs.

What Is Going on That May Impact Your Risk Program

Increased reliance on technology will lead to better-run insurers and stable premiums. The development of advanced loss control analytic tools will revitalize insurers focus on claim reduction, and potentially lead to increased investments in loss control.  Insurers are using business intelligence to leverage “big data” to help them estimate claims, assets, credit and market data, and gain deeper insights across networks of producers, policyholders, and operations.

Mobile applications are one of the fastest growing areas of insurance. Businesses are able to manage risk programs through technology.

Cyber liability will continue to be a major area of concern for all businesses. The government will continue to require businesses to protect customer’s information. Those businesses that do not will be subject to increased fines.

Most insurance companies are moving toward using data to develop commercial insurance premiums. This means your business will need to rely more on your agent. Your agent will be able to help you navigate through the complex maze of insurance program design, marketing, and placement.

Halloween Safety

In the next few days, we will be watching children scramble from house to house in search of the elusive Halloween treat.  However, keeping our kids safe as they are out Halloween night is always a concern.  A little pre-planning can prevent unfortunate accidents that could turn out to be tragic.  Remember, your homeowner’s insurance will cover you in most cases should someone trip and fall on your premises.

Here are some pointers for ensuring your house is a safe place for trick-or-treaters on Oct. 31.

Provide healthier treats for trick-or-treaters such as low-calorie treats and drinks. For your guests, offer a variety of fruits and vegetables.

Be sure walking areas and stairs are well-lit and free of obstacles that could cause someone to fall.

Keep candle-lit jack o’lanterns and luminaries away from doorsteps, walkways, landings, and curtains. Place them on sturdy tables, keep them out of the reach of pets and small children, and never leave them unattended.

Remind drivers to watch out for trick-or-treaters and to drive safely.

Safety tips for kids

Never, ever, go into a house.

Costumes should be short enough to prevent children from tripping and falling

An adult or an older responsible child should always accompany young children. Even older children should go trick-or-treating with an adult, or with friends.  Never go out alone.

Only go to homes with a porch light on.

Plan costumes that are bright and reflective.

Do not eat homemade food.

Examine all candy.  If it has been opened, toss it out.

Use a flashlight.

Apple Insurance Specialists is an Austin-based independent insurance agency offering a wide range of cost effective solutions to individuals, families and businesses.

Sources: http://www.nsc.org/https://www.aap.orghttps://www.cdc.gov

Five Reasons an Independent Agent Is Better Than Online Insurance

A Personal Insurance Update

Buying insurance for your home, auto, or business is one of the most important decisions you can make.  Just ask the people of Houston, Texas.  Currently, independent agents are on the ground helping their clients finalize their claims so they can get back to their daily lives.

We understand what is important to consumers when it comes to securing insurance. These are the things people feel are important when it comes to purchasing insurance: *

Cost

Ease of obtaining coverage

Speed of obtaining coverage

Peace of mind that everything is covered

Security of personal data

*Source: Adam Bishop

Here is how we help you with each of these

Cost – Independent agents have access to more markets and have better relationships with insurers, thus affording better pricing options for you.

Ease of obtaining coverage—We actually do all the legwork for you. You will not be routed to a call center, placed on hold, and then talk to someone who may not even be licensed.

Speed – It is easy to call or meet with us. We live in your community.

Peace of mind – We make sure that you are covered for what you need to be covered for.

Security – We make sure all your personal information is secure.

See full article

Home Insurance Update

Many homeowners have experienced premium increases. Our agency works very hard to bring our clients the best possible combination of premiums, coverage, and service.  Homeowners insurance plays an important role in society. It protects your most important financial asset, your home. Remember, each homeowner’s insurance policy is different, and if you bought your homeowners insurance online, you may not have proper coverage.

What Can We Do to Help?

We have the benefit of being an independent agency.  This allows us to search the market for the best possible combination of premiums, coverage and service. We compare insurance companies’ rates and use the competitive market to your advantage.  Here are some ways to save on your premiums:

Purchase all your insurance through our agency.

Ask us about additional discounts.

Consider increasing your deductible.

Keep your home well maintained.

Replace your roof, water heater, and other equipment when needed.

Review your policy regularly. You may not need the same kind of coverage you did a few years ago.

Remember to call our office today.  We will work hard for you.

Texas Business Insurance

Business Insurance

According to the latest surveys by major insurers, small to medium sized businesses have a number of critical gaps in their insurance coverage. The reasons for gaps vary; not fully understanding how certain coverage applies to their business, buying insurance from a captive agent who can’t provide the coverage, thinking their commercial coverage provides the coverage, and finally believing they don’t have the risk.

Business Insurance For Your Organization 

Here are the coverage’s you should consider to make sure you are adequately protected.

Pollution Liability- Protects against the liability that comes with polluting the       environment including restoration and cleanup, liability for injuries and deaths caused by pollution.

Cyber Liability- Cyber liability is the risk posed by conducting business over the Internet, over other networks or using electronic storage technology. It covers third party losses from hackers, theft, and loss of information including sensitive client or individual personal information.

Directors & Officers Liability– Covers costs, damages, and defense protection to directors and officers of a company resulting from law suits and judgments arising out of poor management decisions, employee dismissals, shareholder grievances, and other such acts committed in good faith.

Employment Liability– Employment Liability provides protection for an employer against claims made by employees, former employees, or potential employees. It can cover discrimination (age, sex, race, disability, etc.), wrongful termination of employment, sexual harassment, and other employment-related allegations.

Professional Liability– Insurance that is designed to cover third party claims, damages and claims arising out of providing professional advice.  Many firms create legal obligations arising out of a professional’s errors, negligent acts, or omissions during the course of providing services to clients.

We are ready to help you better understand your risks. Please call our office today.