Choosing the right insurance policy is much like choosing the right motorcycle. You want it to fit your needs and lifestyle, but at the same time be within your budget. Although most states require you to carry a minimum amount of liability coverage, other types of coverage are usually optional. Always ask your insurance agent or company representative which laws apply in your state.
Liability coverage Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. It doesn't cover you or your motorcycle. Find out if your coverage includes Guest Passenger Liability, which provides protection in the event that a passenger is injured on the motorcycle. Whether or not this is included depends on the laws of your state and the company issuing the policy. Collision coverage Collision insurance covers damage to your motorcycle if you are involved in an accident. Your insurance company pays for damages, minus your deductible, caused when you collide with another vehicle or object. Collision insurance usually covers the book value of the motorcycle before the loss occurred. Comprehensive coverage Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. However, just like collision coverage, your insurance company will pay for damages, minus your deductible, and will cover only the book value of the motorcycle. Keep in mind most comprehensive and collision coverages will only cover the factory standard parts on your motorcycle. If you decide to add on any optional accessories such as chrome parts, a custom paint job, trailers or sidecars, you should look into obtaining additional or optional equipment coverage. Uninsured/underinsured motorist coverage Uninsured/underinsured Motorist Coverage covers damages to you and your property caused by another driver who either doesn't have insurance (uninsured) or doesn't have adequate insurance (underinsured) to cover your damages. This coverage typically pays for medical treatment, lost wages and other damages. If your uninsured/underinsured motorist coverage includes property damage, then your motorcycle would also be covered under the same circumstances. Check with your insurance professional to see if property damage is included or needs to be purchased separately. Tips for the cost-conscious rider Many factors can play a role in determining what your insurance costs will be such as your age, your driving record, where you live and the type of motorcycle you own, or being a graduate of a rider-training course. Many companies offer discounts from 10 to 15 percent on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. Riders under the age of 25, usually considered a higher risk, may see some savings by taking this course. It’s also a good idea for cyclists who have already had accidents. Maintaining a good driving record with no violations will also help reduce your premiums. In many states, riders may save money by buying a "lay-up" policy. With a lay-up policy, all coverage except comprehensive is suspended during winter months. Find out what discounts your insurance representative offers. Multibike discounts for those insuring more than one bike, organization discounts, if you’re a member of a motorcycle association, and mature rider discounts for experienced riders, are just a few possibilities. Discounts can range anywhere from 10 percent to 20 percent, depending on the company and your state. Availability and qualifications for discounts vary from company to company and state to state. Keep in mind that the type, style (such as a sports bike vs. a cruiser) and age of the motorcycle, as well as the number of miles you drive a year and where you store your bike may also affect how much you pay for your premium. Do you need insurance for your boat, RV, motorcycle, or ATV?
Regardless of whether you are relaxing on your boat at the lake, traveling through the Rocky Mountains, camping with friends and family, or enjoying the open road on the bike of your dreams; you need to take the proper steps to protect what you have worked so hard to enjoy. All these activities need personal insurance to protect you against damage and other claims. Generally, we have found that we can get better coverage and pricing when we use our specialty carriers. For example, watercraft insurance has pollution coverage for fuel spills, coverage for injured water-skiers, and on-water towing coverage that homeowner’s insurance won’t provide. RV Insurance RV insurance rates differ from company to company, so it really pays to have us shop your insurance. Some markets offer better rates for trucks, RV’s, and campers, while others can offer better rates for motorcycles. To properly insure your RV, you may need liability, collision, comprehensive, uninsured motorist, medical payment, and towing coverage. Motorcycle Insurance All motorcycles on the road are required by law to have motorcycle insurance. Motorcycle insurance protects a motorcycle and its owner in the event of a loss. You may need to consider special coverage. Custom parts and equipment (ACPE)/Accessory coverage can be purchased for motorcycles less than 25 years old. You may spend thousands of dollars customizing your bike and that is why you need custom motorcycle insurance. Boat/Watercraft Insurance Your boat will need boat insurance for liability and damage to the hull and personal property. Boat insurance can include physical damage coverage, medical payments, liability, and trailer coverage. ATV Insurance ATV insurance is similar to motorcycle insurance. We can combine motorcycle coverage and ATV insurance into one policy for multi-vehicle discounts. We offer additional ATV coverage for damage to custom equipment that you’ve added to your ATV. Why Work With Our Insurance Agency?
Our insurance agency's reputation for representing the best insurance companies, providing excellent customer service and competitive pricing to our clients has been earned and proven for over 25 years. We take great pride in finding you the best coverage and backing it up with prompt personal service. We have been serving the Dallas/Richardson, TX area for over 25 years and have recently expanded to the Austin, Cedar Park, and Round Rock area. As our country continues to manage through the COVID-19 crises, we thought it might be useful to take some time to remind you of the importance of your personal insurance during this time. The coronavirus pandemic won’t affect your auto or homeowner’s insurance too much, but there are a few coverages that could be impacted because of the temporary lifestyle change.
Strive Insurance Group, Inc. is a full-service independent insurance agency that has been serving the insurance needs of the Dallas area since 1984 (formerly Gordon Lund Insurance). Don't worry, nothing has changed, but our name. In addition to having a presence in the Dallas and North Texas area, we have also expanded to Austin and Central Texas with agent representation and the same professional service. We represent, and have established a strategic alliance, with only the highest quality insurance carriers. In doing so, we can provide you with the service and protection to meet your dynamic needs. As your needs change, we can review and collaborate to decide which insurance company or companies are best suited to your situation. 2/26/2020 What To Do After An Auto AccidentDon’t Let an Auto Accident be a Pain
Automobile accidents happen every. Although no one wants to experience an auto accident, knowing what to do in case one happens to you could soften the impact on your life in the days and weeks to follow. You purchase auto insurance to help you through accidents when, or if, they happen. If you have an auto accident, we are here to help you. You may always call us to help you through the process.
Strive Insurance Group, Inc. is a full-service independent insurance agency that has been serving the insurance needs of the Dallas area since 1984 (formerly Gordon Lund Insurance). Don't worry, nothing has changed, but our name. In addition to having a presence in the Dallas and North Texas area, we have also expanded to Austin and Central Texas with agent representation and the same professional service. We represent, and have established a strategic alliance, with only the highest quality insurance carriers. In doing so, we can provide you with the service and protection to meet your dynamic needs. As your needs change, we can review and collaborate to decide which insurance company or companies are best suited to your situation. Motorcycle Study
Motorcycle riders often get an unjustified reputation as being reckless, risk takers, and that they generally disobey traffic laws. This perception is unfounded and there are many statistics that back up the fact that most motorcycle accidents are not the fault of the motorcycle rider, but that of another driver. A recent study conducted by the University of Southern California (USC) found that approximately three-fourths of motorcycle accidents involved a collision with another vehicle. The study also found that the driver of the other vehicle violated the motorcyclist’s right-of-way, thus causing the accident. These findings confirm that motorcycle riders have unjustly received a bad reputation from the general public. Motorcycles are inherently prone to accidents caused by other drivers because of their small size. Motorcycles easily fit into the blind spot of typical passenger automobiles. The truth is that most motorcycle riders are very good drivers and keep an eye out for motorists who do not see them. Motorcycle Insurance Construct the motorcycle insurance package that’s right for you with a variety of coverages including:
With options ranging from basic liability insurance all the way up to full coverage with protection for additional custom parts and equipment, there is a policy for virtually every rider. Strive Insurance Group, Inc. is a full-service independent insurance agency that has been serving the insurance needs of the Dallas area since 1984 (formerly Gordon Lund Insurance). Don't worry, nothing has changed, but our name. In addition to having a presence in the Dallas and North Texas area, we have also expanded to Austin and Central Texas with agent representation and the same professional service. We represent, and have established a strategic alliance, with only the highest quality insurance carriers. In doing so, we can provide you with the service and protection to meet your dynamic needs. As your needs change, we can review and collaborate to decide which insurance company or companies are best suited to your situation. A Texas Personal Insurance Update
Personal umbrella Insurance provides extra protection, or limits, above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an Umbrella Insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella Insurance can provide limits above your personal auto and home policies. The cost of a personal umbrella can be as low as $175 per year for $1,000,000 worth of coverage. If you own a boat, jet sky, snowmobile, or any other kind of recreational toy, you should consider a personal umbrella policy. If you own your your home or have a 401 K plan, don’t jeopardize your future by having a liability claim that could cost you everything. Umbrella insurance provides broad insurance beyond traditional home and auto. It provides additional liability coverage above the limits of homeowner's, auto, and boat insurance policies. It can also provide coverage for claims that may be excluded by the primary policies. Strive Insurance Group, Inc. is a full-service independent insurance agency that has been serving the insurance needs of the Dallas area since 1984 (formerly Gordon Lund Insurance). Don't worry, nothing has changed, but our name. In addition to having a presence in the Dallas and North Texas area, we have also expanded to Austin and Central Texas with agent representation and the same professional service. We represent, and have established a strategic alliance, with only the highest quality insurance carriers. In doing so, we can provide you with the service and protection to meet your dynamic needs. As your needs change, we can review and collaborate to decide which insurance company or companies are best suited to your situation. Whether it’s Auto, Home, Motorcycle, Boat, Business or Life Insurance, we are your consultant working with you as you determine your needs. 3/28/2019 Commercial Auto insuranceAccording to the United States Bureau of Statistics, over 953 truck drivers were killed on the job in 2018. That is a rate of about 22 per 100,000 workers. 7% of fatal trucking accidents are caused by driver fatigue. Risk management and safety are important factors to consider when reviewing the overall success for any trucking company. Operations with a strong safety program receive the best insurance premiums. Because drivers are the most essential factor in contributing to accidents we have provided you with three suggested actions to help reduce the likelihood of claims. Hire the right person- Make sure they have the skills to do the job. Did you put them in the vehicle to see if they could drive it safely? Do they know how to safely load the vehicle? Complete background checks. Make sure they speak and read English well enough to converse with the general public, understand highway traffic and signals, respond to official questions, and be able to make legible entries on reports and records. Manage fatigue- The critical item here is to educate and make drivers aware of fatigue. Some of the warning signs are drowsiness, yawing, head nodding, lane deviations, and more. Make fatigue awareness part of safety training or pre-shift meetings. Prevention tips for fatigue; stop and walk around, change your routine, open a window, talk to passengers or stop and take a break. Understanding the road conditions- Wind, heavy rains and heavy traffic conditions pose extra safety threats for truck drivers. Poor weather including rain, snow, or hail, increases the time required for trucks to stop on slick roads, can impede visibility and can cause the truck to sway erratically due to wind gusts. Truck drivers should know how to drive in rainy conditions when to stop driving due to danger, emergency procedures, and how to limit the impact of poor conditions on their driving. As an Independent Insurance Agency we represent many insurance companies to fit your businesses dynamic needs. Whether you're a new business or a small business, we can help. Being an Independent Agent means we are not only your agent, but we are your insurance broker as well. We understand every business and industry is unique, so we will work with you to find the best business insurance coverage at the lowest rate. Contact us today for a free quote. More rental cars will be rented between June and September than any other time of the year. When you get to the car rental desk, you are asked the question, “Do you want the insurance?” Too many travelers do not know if they need additional coverage or not, and buying the rental car insurance can add hundreds of dollars to your bill. Auto insurance policies differ, but the most important thing is to make sure that you are covered.
Collison Damage Waiver When you are determining whether to purchase a damage waiver, there are two key considerations: (1) whether you are already covered by existing insurance and, if not, (2) if the benefit of having a damage waiver is worth the cost. The CDW is sold by the rental car company and only applies to rented vehicles. This limits the rental car company from attempting to collect (from you) for any damage to the rented vehicle We recommend that you call our office to verify that you have the correct coverage. Rental Car Insurance
3/22/2018 Leased or Rented EquipmentBusiness Strategies From Strive Insurance
Like many organizations, your business may rent or lease equipment from time to time. You may be planning a special event and need a tent to accommodate 250 people as part of a business activity. Or, perhaps you are renting a sound system for a concert, or leasing office equipment such as your copier. These kinds of events create added risk to the organization. It is essential to have an understanding of who is responsible for the rented equipment and that your knowledge is consistent with the written agreement. Not all rental arrangements are the same. Some rental contracts will include property damage insurance as part of the rental fee. Other rental contracts may require the business to be responsible for all damage. And finally, some rental contracts may expect you to pay a deductible if there is damage. This can be very confusing especially if you are leasing or renting a high-value item. There are many important things to remember when considering a rental agreement:
• Property located on or off-premises • Property in transit • Equipment held on display in showrooms or at other exhibitions • Generally all risk of direct physical loss including earthquake With our agency, you have the option to customize your coverage, limits, and deductibles. You may even select different deductibles for different coverages. The bottom line is when you are deciding to lease equipment, be certain you are aware of all costs involved in the transaction. Then, balance the costs against the benefits to make the appropriate choice for you and your organization. As an Independent Insurance Agency we represent many insurance companies to fit your businesses dynamic needs. Whether you're a new business or a small business, we can help. Being an Independent Agent means we are not only your agent, but we are your insurance broker as well. We understand every business and industry is unique, so we will work with you to find the best business insurance coverage at the lowest rate. Contact us today for a free quote. An Auto Insurance Update
Are you a high-risk driver? Incurring too many accidents or violations on your driving record can have a negative impact on your auto insurance coverage rates. High-risk drivers do have options, and we certainly do not want you to go without insurance. Find the right auto insurance company Insurance companies differ in what they are willing to insure. It is important to shop your insurance with us to make sure you find the best possible combination of coverage, price, and service. Some insurers will charge much higher rates if you have a record of accidents or violations. We know the insurers that are willing to take high risk drivers. Make sure you have the basic auto coverage We can design a policy for you to help you minimize the high cost of insurance. We recommend auto liability and physical damage coverage. Whatever you do, do not go without auto insurance as that can create many more problems for you. Striving for High Levels of Service As our name implies, we strive to make your insurance experience positive. We understand you have many options when it comes to getting insurance, so we are going to strive to give you first class customer service you deserve. |
Archives
November 2023
Categories
All
|
7/21/2020
0 Comments