Tag Archives: hail

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 Graphic 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