Types of Commercial Insurance

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Commercial insurance is crucial to protect your business. However, understanding which policies best suit your needs can be challenging. At All-Tex Insurance in Granbury, TX, we offer commercial insurance tailored to meet your business needs.

Commercial Property Insurance

You’ll need commercial property insurance if your business owns or operates physical premises such as stores, offices, warehouses, or manufacturing centers. This type of insurance protects the physical structure of your building and its contents, which is vital if you own expensive business equipment or keep inventory on-site.

General Liability Insurance 

General liability insurance helps cover expenses related to customer injuries on your business property. For instance, if a customer slips and falls in your store, this policy would cover their medical expenses and lost wages. It also covers damage to visitors’ property that may occur on your premises.

Professional and Product Liability 

You may also need professional or product liability coverage, depending on your industry. Professional liability insurance protects you from damages due to a mistake made while providing a service. If your business produces goods, product liability will cover damages caused by a faulty product.

Business Interruption Insurance 

Business interruption insurance is critical, especially for small businesses. If your business has to shut down temporarily due to repairs or other unforeseen events, business interruption insurance will cover your losses until you can resume operations.

Commercial Auto Insurance

If your business involves using a vehicle—whether for transporting goods, customers, or equipment—you need commercial auto insurance. This policy type covers your employees, provided they are legally permitted to drive and use the company vehicles.

Commercial Insurance at All-Tex Insurance

If your business in Granbury, TX, requires commercial insurance, contact us at All-Tex Insurance. Our friendly agents are ready to understand your situation and help you select the best policies for your unique needs.

Things You May Not Know are Covered by Home Insurance

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You probably know that your home insurance covers the structure of your home and your personal belongings. However, some things that are covered may surprise you. At All-Tex Insurance in Granbury, TX, we offer homeowner’s insurance.  

Objects Falling From the Sky

Your homeowner’s policy covers objects that may fall out of the sky and damage your home. This includes meteorites, space and satellite debris, and airplanes. While these are rare occurrences, it’s good to know you are covered if it does happen. 

Living Expenses 

If you cannot live in your home because it’s been damaged, your living expenses can add up quickly. Paying for your mortgage and accommodation can be very difficult. 

The good news is that your homeowner’s policy will cover your living expenses until you can move back into your home. This includes rent or hotel costs, food, and transportation. 

Spoiled Food 

You probably don’t give much thought to the food in your fridge, but if you need to restock it, you’ll realize it can be costly. If your food spoils due to a power outage, fire, or weather related event, your homeowner’s policy will cover the costs of restocking your fridge. 

Identity Theft

In 2021, 9% of the population was a victim of identity theft. Identity theft costs can include stolen money, loans taken out in your name, and purchases paid for from your bank account. In addition, you may have legal fees associated with the theft. 

Your homeowner’s policy may cover these costs so that you can have peace of mind. 

Home Insurance with All-Tex Insurance

If you need homeowner’s insurance in DFW or Granbury, TX, contact us at All-Tex Insurance. Our agents are waiting to help you choose the coverage that meets your needs. 

I am almost seventy. Is life insurance a good investment at my age?

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Life insurance is a good way to cover end-of-life expenses and other big expenses that could become a financial burden if and when you pass away. You have options when it comes to the type of life insurance you invest in and the benefits that come with it. One of our licensed insurance agents at Jason Ridley Agency can help Colleyville, TX residents understand and explore their coverage options.

What is life insurance?

Life insurance is designed to cover the insured person’s life expenses and more, should they pass away. Many people would be left with the financial burden of paying for a burial as well as their deceased loved ones’ bills if they were to pass away. Life insurance can eliminate this burden. The insured person names beneficiaries and pays a monthly fee to maintain their coverage. You can purchase life insurance for some time or your entire life. However, when you pass away, your beneficiaries receive an agreed-upon lump sum, which can be used any way the beneficiaries see fit. This could include funeral costs, mortgages, daily bills, loans, and much more.

I am almost seventy. Is life insurance a good investment at my age?

Life insurance is an excellent financial investment at any age. However, many life insurance companies may hesitate to insure people above a certain age. Also, the cost may be higher, and the terms may differ if a life insurance company provides you with a policy. However, if you’re able to get a life insurance policy at an advanced age, the financial benefits will make it easier for your loved ones to pay for your burial and take care of any bills you may leave behind. If you have questions about life insurance, call us. We’d be happy to explore your options. 

I have a small online business. Do I really need umbrella insurance?

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Business owners have many things to consider when protecting their assets and maintaining their businesses. Fortunately, it’s possible to invest in an insurance policy that covers the important areas of your business. However, sometimes a primary insurance policy isn’t enough. Business owners can include another level of protection if needed. Determining if another layer of protection would be a wise investment may be challenging. Our team at All-Tex Insurance is committed to helping Granbury, TX business owners understand all the insurance options available to them.

What is umbrella insurance?

Umbrella insurance is backup or secondary insurance. In other words, if you have a covered event that exceeds the maximum limits of your insurance policy, umbrella insurance will cover anything that exceeds the maximum limits of your primary policy. In some situations, umbrella insurance can act as primary insurance if you have a covered event that is not included in your primary insurance policy. 

I have a small online business. Do I need umbrella insurance?

Umbrella insurance can be helpful if you feel your business could be liable for a claim beyond your liability limits. Umbrella insurance would cover anything that exceeds your primary limits as long as it’s considered a covered event. If you have a business where customer interaction is frequent, umbrella insurance may be a reasonable consideration. However, there may be other factors that would make an umbrella insurance policy a good investment as well. Even if you run an online business, you may still have assets to protect and other business issues that would benefit from umbrella insurance. If you have questions about umbrella insurance, call us. We’d be happy to help.

How Auto Insurance Encourages Multimodal Mobility

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Auto insurance, traditionally associated with car ownership, is evolving to support and encourage multimodal mobility by offering innovative coverage options and incentives that align with the changing transportation landscape in and around the Granbury, TX area.

Flexible Coverage Options

Auto insurance companies are adapting their policies to accommodate the diverse needs of modern commuters who utilize multiple transportation modes. Rather than solely focusing on coverage for personal vehicles, insurance providers now offer flexible policies that extend protection to other modes of transportation, such as bicycles, scooters, and rental cars. This flexibility enables individuals to tailor their insurance coverage to align with their specific mobility preferences, encouraging the adoption of alternative transportation options.

Coverage for Ridesharing and Carsharing

The rise of ridesharing and carsharing services has transformed how people access transportation, offering convenient and cost-effective alternatives to car ownership. Auto insurance companies have responded by developing specialized insurance products tailored for rideshare drivers and users of carsharing platforms. These policies provide coverage for vehicles used for commercial purposes, ensuring that drivers and passengers are protected while utilizing shared mobility services. By offering insurance coverage for ridesharing and carsharing, auto insurance companies facilitate access to these sustainable transportation options and contribute to reducing reliance on personal vehicles.

Incentives for Sustainable Travel Behavior

Many auto insurance companies are introducing incentives and rewards programs to encourage sustainable travel behavior among policyholders. These incentives may include premium discounts for using public transit, participating in bike-sharing programs, or maintaining a low-mileage driving record. By rewarding environmentally friendly travel choices, auto insurance companies incentivize multimodal mobility and support efforts to lessen air pollution and traffic congestion.

How All-Tex Insurance Can Help You

At All-Tex Insurance, we can help answer questions concerning auto insurance. We serve the Granbury, TX, area. Call us today. 

Commercial Vehicle Coverage Protects Workers and Company Liability

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Why Invest in Quality Commercial Vehicle Insurance?

Like many others, your business may rely on several vehicles for deliveries, goods transporting, or field sales activities. During these operations, accidents can happen, potentially damaging property or causing harm to individuals. Commercial vehicle insurance is designed to cover these liabilities, providing your business with financial protection against unexpected expenditures. At All-Tex Insurance in Granbury, TX, we can clarify your queries about commercial vehicle coverage and illustrate how it helps your business.

Understand Your Commercial Vehicle Coverage

Even if you’re familiar with personal auto insurance, the usage of vehicles in a business capacity calls for a distinct type of insurance. Commercial vehicle insurance provides extended coverage for liabilities arising from damage to others or their property while an employee operates the vehicle on business duties. Commercial insurance typically covers delivery vans, work trucks, company cars, and other vehicles involved in your daily business operations. It also includes coverage for collision and comprehensive coverage against theft, vandalism, and other risks.

Why Do You Need Commercial Vehicle Coverage?

Commercial vehicle insurance primarily safeguards against liabilities, such as bodily injury, property damage, medical expenses for drivers & passengers, and uninsured or underinsured motorist accidents. In case an employee accidentally injures someone with the vehicle or damages a building or another vehicle during business activities, it will cover these liabilities. If an accident occurs causing harm to the driver or passengers, insurance covers the medical expenses – no matter who was at fault. Therefore, coverage for commercial vehicles is an investment in your company’s financial security.

Choose All-Tex Insurance for Commercial Vehicle Coverage

Our agents in Granbury, TX, have the expertise and knowledge to guide you in obtaining the right coverage for your specific business needs. We offer a wide range of insurance products to cater to your home, auto, business, motorcycle, RV, boat, and life insurance needs. Contact All-Tex Insurance today to discuss a no-obligation quote on commercial vehicle insurance and protect yourself against possible financial challenges.

When should you review your home insurance coverage?

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When you own a home, you have a lot to worry about. You’ll have less to worry about when you have the right home insurance. At All-Tex Insurance in Granbury, TX, we are all about reducing homeowners’ worry, and we will work with you to ensure that you have the perfect home insurance for your home and your budget. 

When you renew

Home insurance is not a one-and-done kind of insurance. Things change, and reviewing your policy every year when it is time to renew can keep you updated on coverage. The front page of your policy is the declaration page, a synopsis of your coverage. Look the figures over carefully to ensure you have the coverage you need. Think about any areas that may be under-covered and check your deductibles and possible credits. Doing this review is essential to ensure your coverage is up-to-date. 

When you add things that increase your liability

There are things that you add to your home that increase your liability risk. This includes a pool, a trampoline, and a dog. Some dog breeds are considered so much of a liability that your home insurance does not cover them. 

You add safety equipment

You may be eligible for reductions in your premium when you add a home security system, a hardwired fire alarm system, and other safety equipment. Always let your insurance carrier know when you make any changes. 

When you get expensive jewelry

Check your policy for jewelry coverage and ensure you have an additional rider if you have more than a minimal amount of jewelry. 

When you need home insurance advice or coverage, our agents at All-Tex Insurance in Granbury, TX, are here to provide the services you need. Give our office a call today. 

Umbrella Insurance Provides Unwavering Protection for Granbury Residents

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If you’re a Texas-area homeowner, nothing is worse than finding yourself on the receiving end of a legal liability claim or lawsuit resulting from accidental injury on your property.

The good news is that local residents who find themselves in this potentially sticky situation can shield themselves from complete financial devastation with proactive planning and a little help from a trusted local insurance agency like All-Tex Insurance. 

How Umbrella Insurance Provides Unwavering Protection for Granbury, TX Residents

If you’re new to the insurance world, umbrella insurance is a particular type of insurance that acts like a supplementary insurance policy. This additional insurance policy can extend your existing home or auto insurance policy limits when their coverage limits run out. 

Granbury residents looking for easy ways to boost their insurance protections for their home and auto can opt to add umbrella insurance for unwavering protection and a full-service insurance solution.

Licensed insurance professionals can talk to you about umbrella insurance’s benefits and explain how this add-on coverage can offer legal protections against liability claims or property damage claims against the insured. 

What Does Umbrella Insurance Typically Cover in Granbury? 

Local residents get umbrella insurance to help financially protect themselves and their assets against unforeseen circumstances that could lead to devastating losses without insurance.

People seeking proactive solutions to life’s problems can protect their assets and financial interests by adding an umbrella of insurance protections to their current home or auto policy. Discount options may be available for policyholders who choose to bundle multiple policies. 

Contact a licensed agent at All-Tex Insurance in Granbury, TX, to learn how to extend the limits of your current insurance policy and get covered by umbrella insurance today! 

 

Finding a Policy for a New Driver That Fits Their Needs

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Our team at All-Tex Insurance can help residents in Granbury, TX, find high-quality policy options. This support is even more important if you or your teen are a first-time driver. Here’s what you need to know about factors that affect policies and how to mitigate them.

Factors That Affect Policies 

When buying insurance as a first-time driver, you need to pay close attention to the following issues to ensure that you understand why your coverage might seem so high at first:

  • Age: Drivers under 29 often get charged far more or have fewer insurance policies available.
  • Vehicle: Depending on your new car, you might get charged more or require specific policy types.
  • Credit Score: Teens likely have little to no credit score, which affects their insurance. 
  • Gender: Though potentially unfair, male drivers often get charged more than female drivers.
  • Mileage: Cars with high mileage typically need a more expensive policy. 
  • Coverage Types: Depending on your policy, costs and coverage may vary.

Tips for Better Coverage 

Follow these tips to get lower coverage costs and to mitigate your expenses:

  • Bundle Policies: Often, insurance companies provide discounts when teens stay on their parent’s policy.
  • Shopping Around: Spend time seeking different providers and policies to get your needs.
  • Balance Purchase Budget: A lower-cost care is often far easier to insure. 
  • Choose a High Deductible: You can cut back on insurance premiums by raising the deductible. 
  • Pay Upfront: Insurance companies prefer you to pay for your policy in one lump package.

Find a Great Policy

If you’re ready to buy an excellent car insurance policy as a first-time driver or need to help your teen in this search, contact us at All-Tex Insurance, as we serve the Granbury, TX, area. We’ll sit down with you and your teen, discuss what kind of support you need, and ensure you get insured.

The Lifeline Commercial Insurance Can Provide Following a Disaster

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As the owner of a business, you cannot predict the future. You may have a good handle on your employees, balance sheet, customer base, and so on, but you never know what tomorrow will bring. Disasters could come at any moment, bringing forth interruptions to your business, destruction of your inventory, technology, equipment, and more. Serving the Granbury, TX area, we at All-Tex Insurance are here to educate you on the lifeline commercial insurance can provide.

Assistance With Business Interruption

One of the biggest benefits of commercial insurance is that you can purchase what is known as business interruption coverage. This type of insurance is in a position to help you if your business has to close for some time. Say you are operating a retail store and a hurricane shuts down your business for a few days. That couple of days of downtime can be paid out to you based on your financial data in the form of an insurance loss due to business interruption.

Assistance From a Disaster

Disasters can cause damage to your property, equipment, ability for folks to work, and so on. When disasters strike, commercial insurance is also there. These can help you in the event you are liable for any damage, have property damage, and so on. You never know what tomorrow will bring, and commercial insurance gives you that coverage.

Consult With Us

It is critical to know what coverages a commercial insurance policy will have. You need to understand the coverages, exclusions, and limits so that you know if the policy is necessary and if it will give you the coverage you need. Our team at All-Tex Insurance serving the Granbury, TX area can help you understand all this and more about commercial insurance.