Prevent a Financial Disaster With Umbrella Insurance

Dallas, TX residents who want to know that their finances and assets will be protected in any situation — even a terrible accident or disaster — should consider purchasing umbrella insurance.

Below, we’ll discuss what umbrella insurance is and how it can protect you and your family from financial disaster.

What Is Umbrella Insurance?

Essentially, umbrella insurance is just how the term sounds. This type of insurance provides coverage above and beyond your typical homeowner’s insurance policy. Once your policy has been exhausted and has paid out everything it can after a disaster or accident in your home, umbrella insurance kicks in to take care of the rest of your expenses.

How Does Umbrella Insurance Prevent Financial Disaster and Ruin?

In the long run, umbrella insurance could save you hundreds of thousands of dollars. It adds increased protection to the homeowner’s insurance plan that you already have, and for most umbrella insurance plans, there are low premiums. That’s because most accidents and disasters will be covered by general homeowners insurance plans (also known as first-tier coverage). This makes it a win-win for most families.

Contact iSure Insurance Agency Today

If you are a Dallas, TX resident, iSure Insurance Agency can help you find an umbrella insurance plan that fits you and your family’s needs. We serve the residents of DFW and the surrounding areas, and one of our agents would be happy to sit down with you and speak with you about your umbrella insurance options.

To learn more about umbrella insurance and how our insurance agency can help you find a policy, give us a call directly, or feel free to stop by our nearest agency location. We look forward to working with you and finding you a policy that’s perfect for your needs.

What to know before purchasing flood insurance

Flood insurance is designed to protect your property in the event of a disastrous flood, but you should be aware of what is covered before purchasing a plan. Even if you are not near a river or stream, flooding from storms can still cause plenty of water damage. If you need an affordable plan in the Dallas, TX area, consider consulting with iSure Insurance Agency.

You don’t need to live in a flood-prone area to get insurance

Some may think that you need to live in a floodplain in order to get an insurance plan to recover from flood damage. If you want it, you can get it as long as you have the money to pay for it. Although, you should consider the chance of flooding in your area before you go shopping.

Flood Insurance Does Not Cover Everything

Most policies will have a maximum coverage of around $250,000 for your home and $100,000 for other personal items. If you have to relocate due to the damage from the flood, the insurance policy is not likely to cover that either.

Your Home Insurance Policy Does Not Cover Flooding

Although many homeowners are unaware, flooding is not one of the types of damages covered by a typical home insurance policy. For this reason, it is essential to get flood insurance if you believe that you are at risk of having your home damaged from a flood.

Now that you have learned the basic details of flood insurance, you should evaluate your own needs to determine if you need an insurance policy. For an affordable plan, consider consulting with iSure Insurance Agency if you live in the Dallas, TX area.

How Is Condo Insurance Different From Home Insurance?

Many individuals, couples, and families choose to live in condominiums instead of purchasing their own home or renting. In this way, they may assume that condo insurance is essentially the same as home insurance, but this is not the case. In fact, there are several key differences between condo insurance and home insurance.

Liability coverage

Those who own homes need to be concerned about individuals being injured in their home or on their property when it comes to liability. On the other hand, those who own condos only need to be concerned about someone getting injured inside their home or on their direct property. In common areas of condo complexes, like the pool house or sidewalks, however, if someone gets injured, this falls under the insurance of the condominium company and not you.

Dwelling coverage

Here is another area where condo insurance and homeowners insurance differ. When you own a condo, you own from the drywall in. On the other hand, if you own a home, you own everything, including the property inside your home and, of course, the outside of your home. Typically, condominium companies own the siding, roof, and outer areas of your condo, and again, you’re only responsible for what’s inside when it comes to property coverage.

Contact iSure Insurance Agency

If you are a resident of Dallas, TX and are searching for home insurance in the DFW area, contact iSure Insurance Agency for more information. We serve the residents of DFW and would be happy to sit down with you and look at your current condo or home insurance policy or help you start a new plan. To find out about what we can offer you and your family, give us a call or stop by our nearest agency located in Dallas, TX!

3 Tips for Buying Auto Insurance in Dallas, TX

Whether you are new to the area or have lived here all your life, you will need auto insurance in Dallas, TX at some point. You may have a new car to insure or you’ve finally finished that 1950’s model T and you’re ready to insure her and take her on the road this weekend. To make sure you get the best rate along with everything on your auto insurance checklist, we’ve put together these three tips.  

Bundle

Do you have homeowner’s insurance? Are you a businessman who has commercial insurance? No matter what kind of insurance you have, most insurance companies offer discounts when you bundle your policies. This is one of the easiest ways to save money on car insurance in Dallas, TX.  

Compare Quotes

Don’t take the first offer you get. The smart way to go about purchasing auto insurance is to compare at least two or more quotes. You may be surprised by how much you can save on your policy by carefully going over the details of each offer.  

Choose a Reputable Insurance Agent

To help you compare quotes and understand the different policies, it is important to work with a trusted and experienced insurance agent. These professionals want to help you save money while getting you the right auto insurance policy. It is also important to make sure you understand your policy so there are no surprises down the road.  

To talk to a reputable insurance agent right now, contact iSure Insurance Agency. We are an independent insurance agency for home, auto, and commercial insurance and a proud partner of SIAA (Strategic Insurance Agency Alliance). You can reach an agent at iSure Insurance Agency at 972-677-7171 right now.

How To Figure How Much Commercial Coverage You Need For Your Company

Finding the right amount of commercial insurance coverage for your business can be a confusing task. You don’t want to buy too much insurance and have to suffer high premiums, but you also want to have enough coverage to protect your assets. If you rent, you also want to protect the structure you are leasing or renting.

Figuring Your Business Worth

The first thing you need to do is to figure the dollar amount of your assets. Take a complete inventory of all of the company’s belongings from the office supplies to the larger, more expensive equipment. If you have receipts for these items, it is important to keep them in a safe place so you can have them available in case of a claim. Receipts make processing the claim much easier for companies. All tangible items that belong to the company should remain covered adequately. Keep in mind, however, that you should not buy too much coverage because your premiums will be higher than necessary, so to save money, buy the closest amount to the actual value of the company. If you rent a space in a building, you should also carry liability insurance to cover the cost to replace the structure. A typical figure for commercial liability is usually around $1 million for smaller strip plazas and similarly sized complexes, but it is best to check with the landlord and use other comparable structures in Dallas, TX as a guide.

Adjust Your Coverage

As you make major purchases, you should adjust the amount of your coverage. You can omit certain items if you wish, but it is better to have complete contents and tangible items covered in the policy. Don’t wait until your policy is up for renewal, let your insurance provider know about any changes immediately, so there are no gaps in your coverage.

For more information regarding commercial insurance in Dallas, TX, iSure Insurance Agency is happy to provide detailed information and answer any questions you may have. Call or visit the website today and get the coverage you need to protect your investment.

Importance of a Home Inventory

Keeping track of everything you own in your home can be a huge undertaking but is necessary. If there is ever a catastrophic event in your home, it is important to know what exactly you have so that you and your insurance company can replace it. At iSure Insurance Agency, serving the people of Dallas, TX and the DFW area, we understand that you need to protect what is most important to you.

Probably the easiest way to complete a home inventory is to walk from room to room, keeping a running list of everything that is in the room. Make sure to note any furniture or important items of value such as rugs, artwork, or electronics. In the kitchen and laundry room, be sure to add the appliances such as the refrigerator, oven, dishwasher, and washer and dryer to your home inventory. Another way to do this is by video. Walking from room to room with a video recorder can make a home inventory list easy and accessible.

One important piece of information in regards to your home inventory list is to make sure you have a copy saved either in cloud storage or at another location, such as a family member’s house. In the event of a disaster, the last thing you want is your computer containing your inventory to disappear. About once a quarter, or after a large purchase, make sure to regularly take a look at your belongings in your home and update your home list accordingly. You want to make sure your inventory list is as updated and accurate as possible to ensure that your home and belongings are adequately covered.

At iSure Insurance Agency, we understand that you need to protect what is most important to you. After a major disaster, we want you and your family to be up and running as smoothly and quickly as possible to get back to your normal day to day life. Serving the residents of Dallas, TX and the DFW area, we encourage you to visit our website to find out how we can help you with home insurance. For more assistance, reach out to our agents by phone or drop by our office to talk about any concerns or questions you may have.