A Texas Home Insurance Update

Having your home invaded by a burglar cannot only cost you monetarily, but it can cause stress and a loss of security.  Over 60% of homes are at risk of having a burglary according to a national insurer. This number includes renters and owners of condominiums as well.

Top Ways Thieves Get in Your Home

• Un-locked door or window
• Key left outside
• An open garage door

How to Reduce the Chances of a Home Burglary

• Having lights on
• Security system
• Outside lights on timers
• Neighbor watch programs
• Keeping all doors and windows closed and locked
• Limit the amount of shrubs around windows

If you have the right kind of homeowners insurance, a loss like this should be covered.  However, we always recommend you call our team to have a review of your personal insurance program.
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As our name implies, we strive to make your insurance experience positive. We understand you have many options when it comes to getting personal insurance, so we are going to strive to give you first class customer service you deserve.

A Commercial Insurance Update

Let us face the truth; most business owners do not have a fondness for insurance— until they need it.  Business owners have many priorities, and business insurance sometimes takes a backseat to other concerns.  One reason for business owner’s lack of enthusiasm may be how many agents sell insurance.  Most people see insurance as a commodity, meaning the lowest price gets the business.  Business owners dislike going through a review or bid process, mostly because it can be confusing to try to understand the coverage.

We can offer a different approach.  Rather than just focusing on coverage and price, we try to focus on understanding what your business needs and risks are.  Only after we determine what a client’s needs are, do we talk about what kind of insurance might be best for their individual needs.

We also educate our clients about how to lower their insurance costs. These recommendations may include:

• Review deductibles
• Compare the need for different limits
• Consider eliminating coverage’s that are unnecessary
• Compare your actual risks to your coverage, do they match?
• Are there non-insurance options?

Unbelievably many small businesses do not have the right commercial insurance.  Having the right business insurance does not have to cost you any more money.  The key is having an agent who understands your risks and is willing to help you design a business insurance plan that meets your needs.

Strive Insurance Group, Inc. is a full-service independent insurance agency that has been serving the insurance needs of the Dallas area since 1984. 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.

Business Insurance and Risk Management Trends
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Every business faces risks of various kinds. If you have employees you have the risk of employee injury. You most likely buy workers’ compensation to protect yourself from this risk. No owner or manager wants to believe that their business is exposed to great risks; however, many situations may expose your company to lawsuits, liability and substantial expenses. An unfortunate number of these situations go unnoticed by many business owners until it is too late.

Comprehensive risk management is important to the overall success of your business. Unaddressed risks may result in uninsured losses that could potentially cost your business thousands of dollars.

A good risk management plan starts with reviewing your potential risks then developing a plan to treat or manage these risks. Commercial insurance is a good tool that can address many of your business risks. However, many business owners often don’t consider the following risks.

Some Important Business Risks to Consider

The risk of being sued by employees - There are many state and federal laws that protect worker’s rights. These include harassment, discrimination, retaliation, and civil rights. We can provide you with a quote for employment practices liability insurance that will address many of your employment risks.

The risk of lost income - If you have a loss or damage to your building you may not be able to resume operations for a period of time. Your business is at risk for lost revenues. Business income insurance can offer protection.

Cyber liability risk -  If your business accepts electronic payments, handles sensitive customer information or stores key information on the internet, you are at risk. Cyber liability insurance protects against these risks, and is an important coverage option to explore for many businesses.

We Offer a Fresh Perspective to Your Business Risks
As part of our service we can review and examine your business operations and help you identify the important business risks. Then we will design a risk and insurance program tailored to meet your needs. The goal of risk management is to protect your business from being vulnerable. Many business risk management and insurance programs focus on keeping the company viable and reducing financial risks.

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.