A 2017 Texas Business Insurance Update
Risk management and business 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.
2/17/2017 We Think of Insurance as a PromiseBusiness and personal insurance update Many people look at insurance as a commodity, like buying car or a piece of furniture. Consequently, they become caught up in searching for the lowest price for the “product of insurance.” Insurance is less of a commodity, and more of a promise or service. Promise vs. product Insurance is a promise from the insurer to cover your claim or loss per the terms of the policy. What many people fail to understand is that policies or “promises” differ from company to company. If you never have a claim, then you do not know if the insurer will live up to the promise you think they have made. However, if you do have a claim you want the promises kept. That is where we come in. As an agent, we help you understand the promises made, and work with you to make sure the insurer fulfills all promises. We can also help you design a policy that fits your needs. Here are few things to remember about insurance promises
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 |
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