Now is the time to shop your home and auto insurance if you live in North Texas.

If you are reading this article, odds are you live in the North Texas area. If you live in the North Texas area, you know that we have had significant storms in the area since December 26 of 2015. One tornado, two bad hail storms, and as of this writing, who knows what comes next.

 

A photo of hailstones from the first storm in the Dallas area in 2016.
A photo of hailstones from the first storm in the Dallas area in 2016.                      Photo credit: RC Grpahic Designs. 

So you are going to pay more for insurance. Everyone in the area is going to pay more for their home and auto insurance. All of the major companies have paid out enough in claims that they will have to raise rates (or as we say in the biz, “take rate”) over the next year. This isn’t great, obviously, but it presents an opportunity for you as a consumer. If you shop your home and auto insurance with an agency like us right now, you can lock in the lower rates that we can most likely find you, and you can lock them in for a year. That means that when your current company raises rates, it won’t affect you, and if/ when the new company rates go up, it won’t be until your renewal, which would be a year away if you buy today.

If you have not shopped your home and auto insurance for a long time, it will be harder to find a great deal if you wait until your current company raises your rates. Insurance companies don’t change rate mid policy, but they do at renewal. We represent so many different companies, it’s hard for us not to save someone coming from a Farmer’s or a State Farm insurance policy a good amount of money. Just yesterday we saved a former Farmer’s insurance client $4000 a year. That’s not the typical amount of savings, but it does happen.

Why not give us a call today and make sure you are in the right spot?  As insurance agents we are knowledgeable and honest. We would love it if you bought insurance from us, but we love it just as much when we find that you have a good deal and a good policy. It doesn’t happen often, but when it does, we always advise with the customer’s needs in mind – not our need to sell a policy.

Even if you didn’t make a claim, these storms will end up raising your rates. We can offer you a chance to pay less than you are now, AND insulate yourself against rising insurance rates in the Dallas area. Don’t you deserve to have the best insurance agent in Dallas? We think you do. Try us today by calling us at  877-717-4054.

You are going to want to click that link in #1 to see what all of this is about.

Five ways to prepare for springtime (and hail) in North Texas. Or “Hail no!”

 

Here in North Texas, spring can mean beautiful weather, sunny days, and also devastating hail storms. Most people aren’t prepared for what comes next after your car or roof looks like a golf ball because it is so full of divots. That’s why we are here, to help you prepare for the hail as best you can, and be prepared for what comes when it’s claim time.

 

I'm not entirely sure this photo is relevant, but hey. Money.
I’m not entirely sure this photo is relevant, but hey. Money.

1. Lower the comprehensive deductible on your auto insurance. This one is easy – if you park your car outside regularly, it’s more likely to be damaged by forces beyond your control – hail. neighborhood kids, even being squashed by a meteorite.  Since your car spends a good portion of time unprotected from the elements,  why not lower the deductible to $100? You are more likely to make that claim, so why not keep more of your money in your pocket? Usually, lowering the comprehensive deductible isn’t very expensive. You can mix and match deductibles, so hedge your bets.

 

You are going to want to click that link in #1 to see what all of this is about.
You are going to want to click that link in #1 to see what all of this is about.

2Even better than a lower deductible, put up a carport. Obviously if you are in an apartment, this is a tough one, but a carport is relatively inexpensive compared to the hassle of dealing with a hail damaged car. In most cases, a single car carport can be had for less than $800, and even if you are renting a home, you can always unbolt it and take it with you.  Many homes here in the Dallas area are single car garages, or have had their garages converted to spare rooms.

arrow_carport
$800. Not bad.

3. Make your own “escrow” account with your homeowner’s wind and hail deductible in it. Here in the Dallas area, most insurance companies require a 1% wind and hail deductible (that means 1% of the insured value of your home). Since you never know when you will need to pay that deductible, set up a bank account with just that amount in it, and leave it alone. (For bonus points, put your auto deductible in this account as well.) Once you have it, forget about it and it’s ready to use when you need it.

This time this photo is more relevant. I guess - because this is what would be in that bank account.
This time this photo is more relevant. I guess – because this is what would be in that bank account.

4. Try to package your home and auto insurance policies. Most insurance companies would prefer to write both your home and auto insurance – and in order to entice you to package your policies, many companies offer a single deductible option – so if you end up with hail damage on both your roof and your car, you will only pay one deductible for both claims. It saves you money, because you save that deductible, but also the discounts for bundling home and auto insurance are also pretty significant.

This is how it works.
This is how it works.

 5.  Get a Class 4 hail resistant roof installed. This one is for those of you that have to replace your roof because of hail damage. Don’t just put the cheapest roof you can find, spring the extra money for the class 4 roof. If you do so, you will reap some pretty serious insurance discounts, but you will also not have to deal with a hail claim for a long time. Read more about Class IV roofs here. http://www.helpinsure.com/home/roofingx.html

Obviously, you can’t really be 100%  prepared for sudden North Texas weather, but you can be aware of your options, and hopefully I have helped you feel a little better about your insurance situation.

My final tip is to be patient. If you have a hail claim, you are not the only one, so the insurance company is hopping, trying to make the process as easy as they can – but they are only human.

If you have not already, give us a call and let us take a look at your current policy to see if you are covered properly. 877-717-4054

5 Ways Your Insurance Protects You Around The Holidays

Every family has a holiday disaster that is terrible the first year, but as the years go on, retelling the story becomes a part of family tradition. Insurance isn’t festive, but it can come to the rescue of your festivities.

1. If you poison someone at dinner, the liability portion of your home insurance is there for you.This one is based on a true story; one year when we were up north for the holidays, we went to eat at Uncle Bill’s house for the big meal. As he always had, Uncle Bill stored the turkey outside on the porch until it was time to cook. However, that year there was an unnaturally warm afternoon, and the turkey thawed quickly and then froze again that evening. When the turkey was cooked and served, everyone (except for Uncle Bill) ended up in the hospital with food poisoning. That year we only had family members in attendance, and no one filed suit. However, if someone had decided to sue, the liability portion of his insurance would have covered him.

 

This is a bad idea.
This is a bad idea.

2. If someone steals the presents you have in your back seat, the “personal property off premises” coverage of your home insurance will cover you.

First, if you are shopping for gifts and making multiple stops, be sure to keep all of your purchases in the trunk of your car. However, if you drive an SUV, that’s obviously not an option. Unfortunately the holidays don’t just bring out the good in people, they also present an opportunity for thieving scumbags to break your window and steal all of the presents you have purchased. If that were to happen, those gifts would be covered by your home insurance (or renters insurance if you don’t own a home). I would still bring along a blanket to keep your purchases away from prying eyes, but your insurance is there for you should something terrible happen.

this is an awful thing to walk up on.
This is an awful thing to walk up on.
3. If your tree burns down your house, you are covered.Once again, I’m going to first give you some good advice; water your tree, check the wires on your lights for shorts, and never go old school on your tree by using candles for light. Sometimes however, even if you follow my advice, bad things can happen. If the worst happens and your tree catches fire, your home insurance is there for you with fire coverage – and if your house is burned, you will need a place to celebrate that doesn’t stink of smoke and firemen’s sweat. That’s where the additional living expense coverage comes in; you will obviously need a place to live while your home is being repaired. You won’t be celebrating at home, but you also won’t have to impose on Uncle Bill (and risk that turkey dinner).
Super Hardcore!
Super Hardcore!

4. If your party gets too rambunctious and someone gets hurt, you are covered.We have all been there; the party is bumping, the rug is rolled up, people are dancing, and then a scream as Aunt Josehine sprains her ankle and hits the floor. Luckily for you, your homeowner’s insurance includes “medical payments” coverage so you can rush her to the emergency room. The minimum coverage is $500, but more can be purchased if you are so inclined. I would certainly purchase more if you throw lots of parties – and if you have elderly aunts who like to cut a rug.

She'll also probably hit on that friend you invited over.
She’ll also probably hit on that friend you invited over.

5. That new car you put a bow on is automatically covered.This one isn’t actually covered on your homeowner’s insurance, but it is covered by your auto insurance. When you purchase a new vehicle, your auto insurance automatically extends to the new vehicle for 30 days. That way you don’t have to risk spoiling the surprise by adding the car in advance of giving it to the giftee. This coverage extension isn’t here just to prevent spoiling surprises, it’s to ensure that your new purchase is covered until you can get hold of your agent. This 30 day courtesy extension doesn’t just happen during the holidays either, it is available to protect you year round.

 

This IS a good idea.
This IS a good idea.

These are just five ways your homeowner’s (and auto) insurance protects you against disaster during the holidays. Obviously no one wants to rely on their insurance to save the holiday, but it is nice to know it’s there if a disaster should try to ruin the season. Here at The Phoenix, we wish you a very happy holiday, and hope that you don’t have to make a claim this time of year – but if you need to, we are here to help!

Head Rush Hot Rod Car and Motorcycle Show

Head Rush is a great show at a great location – as usual several of our classic car insurance clients took first place in their divisionaddison auto insurance antique auto insurance dallas antique auto insurance houston antique auto insurance plano antique auto insurance auto insurance southlake auto insurance car insurance dallas car insurance frisco car insurance plano car insurance southlake (2) car insurance southlake carrollton auto insurance dallas auto insurance (2) dallas auto insurance dallas home coverage dallas home insurance dallas homeonwers dallas insurance frisco auto insurance garland auto insurance home insurance dallas home insurance frisco home insurance plano home insurance southlake home insurance texas home insurance the colony home insurance home owners insurance dallas home owners insurance garland home owners insurance plano home owners insurance texas home owners insurane southlake homeowners insurance dalals homeowners insurance dallas homeowners insurance plano homeowners insurance texas inaurance expert dallas insurance experts plano auto insurance plano insurance richardson auto insurance texas antique auto texas home insurance – as did several motorcycle insurance customers!

The Heights Church Car Show Richardson Texas

The Heights Church in Richardson, TX puts on an incredible car show every year, and this year (2015) was no different. A ton of our classic car insurance clients begged us to come hang out, and we are easy to convince. Check out this lineup! agreed value insurance allen best insurance austin ferrari insurance auto insurance dallas auto insurance frisco auto insurance garland auto insurance plano auto insurance richardson auto insurance southlake auto insurance best agent in dallas best insurance agent dallas best of dallas insurance boat insurance california insurance car collection insurance car collector insurance car insurance anna car insurance dallas car insurance frisco car insurance garland car insurance mckinney car insurance plano car insurance richardson car insurance southlake car insurance the colony Car insurance classc car insurance denver classic auto insurance allen classic car insurance allen classic car insurance colorado classic car insurance dallas classic car insurance plano classic car insurance polano classic car insurance pueblo classic car insurance dallas agent safeco dallas auto insurance dallas best insurance dallas boat insurance dallas boaters insurance dallas ferrari insurance dallas insurance auto dallas insurance car dallas top rated insurance dallas dallas's best insurance exotic car insurance allen exotic car insurance claifornia exotic car insurance colorado exotic car insurance dallas exotic car insurance richardson exotic car insurance southlake exotic car insurance specialist exotic car insurance texas exotic car insurance ferrari insurance dallas ferrari insurance fort worth auto insurance fort worth home insurance home insurance colorado home insurance dallas home insurance denver home insurance frisco home insurance loveland home insurance plano home insurance pueblo home insurance richardson home insurance homeonwers insurance denver homeowners insurance colorado homeowners insurance hot rod insurance houston's best insurance independent agent dallas insurance car collection insurance exotic car insurance exotic collection insurance professional dallas jetski insurance jewelry insurance lamborghini insurance dallas lamborghini insurance the woodlands lamborgini insurance houston landlord insurance largest agency dallas liability insurance mckinney homeonwers insurance motorcycle insurance off road insurance plano top insurance agent race car insurance race team insurance rat rod insurance renters insurance restoration insurance san diego classic car insurance specialist exotic car texas auto insurance texas boat insurance texas exotic car insurance umbrealla insuracne umbrealla insurance

Understanding Types of Car Insurance Coverage

Just as there are many types of cars, there are many different types of auto insurance policies, and many different ways to cover your car. For instance, most people don’t need to cover their “daily driver” car the same way they would cover their classic car or exotic auto. Let’s go over some different car insurance options together, so you go to bed smarter than you woke up this morning.

Usually, your every day car is covered by an actual cash value or “ACV” insurance policy. Most every day cars spend their lives both stuck in traffic and depreciating, so this is the most cost effective way to cover then on your insurance policy. ACV coverage means that you get paid the actual cash value of your car at the time of a loss. That means that you should reasonably be able to purchase another car of like kind should you have a claim. The one thing you should always consider is getting “gap” coverage if you are upside down on your auto loan. Lots of insurance companies offer it if you ask at time of purchase. Gap coverage covers the difference if you owe more than the ACV of your car.

The second type of coverage available to you is Stated Value coverage for your car. This type of policy allows you to tell the insurance company that your car is worth “X”, and then allows them to pay you up to that amount in the event of a loss. Yes, I said “up to”. That means that if the insurance company can make a case for paying you less than the value of your car, they will. We hear lots of people (and even some insurance agents) confuse stated value insurance with agreed value insurance – but in the simplest terms, and stated value policy just gives the insurance company a discussion point at claims time. It does not guarantee you the full value of your vehicle at the time of loss.

In order to guarantee the value of your vehicle at the time of loss, you must purchase an  “agreed value” insurance policy. Yes, you can get an agreed value policy on your daily driver car, if you choose to do so. However, the agreed value policy is usually intended for a collector car. Classic insurance., custom car insurance – even exotic car insurance is all written (or should be) on an agreed value insurance policy. Since agreed value policies are very specific in the coverage they offer, they are also very specific in their terms. Does your car qualify ? Are you interested in agreed value coverage? Then contact an insurance consultant today and discuss your needs.

See? Like I said, smarter than when you woke up this morning.

Lakewood Grill Hot Cakes and Hot Rods

There is very little that is better than a morning car show. The weather her in Texas is cool, there is coffee and great conversation over some just beautiful cars. As usual, plenty of our clients that insure their classic cars with us were there. auto insurance dallas auto insurance texas bentley insurance car collection insurance Car insurance Dallas collector car insurance plano collectors car insurance dallas collector car dallas insurance experts exotic car insurance texas friscos best insurance highland park auto insurance highland park home insurance highland park insurance home insurance dallas homeowners insurance texas houston exotic insurance plano home insurance rolls royce insurance texas insurance experts

Paloma Creek Sonic Sock Hop

nothing evokes the”good old days” like Sonic and classic cars. As usual, we were tooling around town in our antique milk truck, looking for a place where our classic insurance clients were hanging out. The Paloma Sonic Sock Hop was full of our friends, and we made some new friends there as well! best insurance dallas best insurance price dallas best insurance texas best price insurance dallas best price insurance texass best price texas insurance best rates dallas car insurance texas Dallas Auto Insurance Dallas best insurance agent dallas best Dallas car insurance dallas exotic insurance dallas ferrari insurance dallas home insurance (2) Dallas Home Insurance dallas insurance agent dallas insurance rate dallas top insurance ferrari dallas ferrari insurance agent Frisco Auto Insurance Frisco Car Insurance Frisco home insurance Frisco homeowners insurance Frisco Renters Insurance homeowners insurance insurance advice insurance rates dallas lamborghini insurance Plano auto insurance plano best agent Plano Car Insurance plano home insurance plano home owner insurance plano homeowners insurance plano liability insurance race car insurance race insurance texas auto insurance rate texas auto insurance texas car insurance texas home insurance texas homeowners insurance

What Insurance Companies do We Represent

As Independent Insurance Agents,  We sincerely believe that we are the best way to shop for any type of property insurance.  Home insurance, auto insurance, and even motorcycle and boat insurance. Why an independent agent? We are authorized to represent many different companies in order to give our clients plenty of options when it comes to their property and liability insurance. So what companies are we authorized to sell?

Allstate Insurance

ASI Lloyds

Condon Skelly

Berkley Classics

Dairyland

Encompass

Foremost

GMAC

Grundy Insurance

Hagerty Insurance

Homeowners of America

Imperial Fire

Infinity

Kemper

Mendota

Metlife

Progressive

Republic Insurance

Safeco

American Modern

Texas Fair Plan

Travelers

The Hartford

Universal

Wellington

Chubb Insurance

 

This is not a static list, as we are always seeking out new insurance companies in order to give our clients even more choices. Contact your insurance consultant today, and take a look at how your current insurance rate stacks up against one of our many insurance companies.

 

Red White and Boom McKinney 2015

McKinney, Texas put on a great car show on the 4th of July, 2015. As usual we ran into lots of classic car insurance customers, and even some modern collectible car insurance customers. We love going to shows, and nothing makes your heart swell with American Pride on Independence Day more than an incredible lineup of (mostly) American steel. addison auto insurance addison car insurance addison collector insurance addison home insurance addison renters insurance car collection insurance carrollton home insurance collecots insurance dallas auto insurance dallas best agent dallas car insurance dallas classic auto insurance dallas classic car insurance dallas exotic car dallas exotic car insurance dallas exotic car insurnace dallas ferrari insurance dallas home insurance dallas homeowners insurance dallas insurance agent dallas lamborghini insurance dallas renters insurance frisco auto insurance frisco car insurance frisco classic car insurance frisco exotic car frisco exotic insurance frisco home insurane frisco homeowners insurance frisco renters insurance home insurance irving home insurance southlake independent insurance insurance advisor dallas insurance advisor plano insurance consultant dallas insurance consulting plano auto insurance plano car insurance plano classic auto insurance plano classic car insurance plano exotic auto insurance plano exotic auto plano exotic car insurance plano home insurance plano homeonwers insurance plano homeowners insurance plano insurance agent plano renters insurance race car insurance top rated insurance