How can auto insurance in Plano protect me?

Those that are in the Plano, TX area will find that owning a car is a practical necessity. Those that do have a car here will be able to get around the entire Dallas TX metro area much more efficiently. While there are plenty of advantages that come with owning a car, there are responsibilities as well. One responsibility that all people have is the need to get auto insurance. This coverage can protect you in many ways. 

Insurance Will Protect Car

One of the reasons that people in Plano should always get a car is that it will provide them with protection for their vehicle. If you have bought a car, you will want to know that you can drive and enjoy it for a long time. With a full auto insurance plan that includes both collision and comprehensive protection, you will know that you are properly covered and protected at all times for many risks that could result in a loss.

Insurance Gives Liability Protection

You will also want to get an auto insurance plan because it will provide you with liability protection. If you decide to drive a car there will always be a chance that you could cause an accident. If this does occur, you will need to pay for any damages that you cause. Fortunately, when you get an auto insurance plan, you are going to receive liability protection to mitigate this risk. 

Getting an auto insurance plan in the Plano, TX area is always a good idea. As you are looking for a new plan here, the Paragon Independent Insurance Agency is a great company to reach out to. When you call Paragon Independent Insurance Agency you can learn a lot about your options and they can help you choose the right policy that meets your needs. 

When Does A Small Business Need Commercial Insurance?

Small businesses come in all sizes in Plano, TX. A business taking in six figures a year may technically be a small business, but so is a business that earns you just a few hundred bucks for groceries here and there. So when are you ready for commercial insurance?

Different businesses have different insurance needs, but it generally comes down to one thing:

Liability

The big question here: If something happens, is it going to come out of your pocket?

If you run a small eShop, you may have some protection through the platform you use. If you’re only earning a little extra money on items and services with no major liability concerns, you might not need to worry about it.

But at a certain point, you’ll likely cross a threshold where you have too much at risk to leave your business uninsured, and that’s when you should call Paragon Independent Insurance Agency to see about getting covered.

It’s nice to have your inventory and your equipment covered by commercial insurance, but the main reason you want to be covered is so that you won’t be left paying thousands of dollars in damages out of pocket if someone is injured on your premises or suffers losses that have to do with your product or service.

The question of when you’ve crossed that threshold, that’s a little trickier, and it varies from business to business. Some people like to buy commercial insurance as soon as they can afford it while still turning a profit, but your mileage may vary. So if you have any questions, get in touch with Paragon Independent Insurance Agency to see if your small business in Plano, TX is ready to get protected.

Do I need home insurance in Plano?

The Plano, TX area continues to grow quickly due to the strong local economy and amount of local amenities. If you would like to move to this city, it would be a good idea to purchase a home. When you are going to buy a home in this area of Texas, getting insurance is very important. There are several reasons why you will need to have home insurance for your Plano property. 

Insurance is Required by Lenders

A reason that you will need to have a home insurance plan is that it will be required by a mortgage lender. If you would like to buy a home, you will likely need to finance the purchase with a mortgage. If this is the case for you, it is important that you comply with your mortgage provider’s insurance requirements. In many cases, your lender will require coverage and will have you escrow payments each month to ensure you do not fall behind. 

Insurance Gives Peace of Mind

You will also need to get a home insurance plan because it can provide you with some peace of mind. Owning a home does come with a lot of risks including the risk of fire damage or theft. With insurance, you can mitigate these risks and get comfort knowing you are supported. 

People that are going to move to the Plano, TX area and buy a home need to get a quality insurance plan. When you are looking for an insurance policy in this area of the state, you should call the team at Paragon Independent Insurance Agency. There are many ways that Paragon Independent Insurance Agency can help you. The team is able to help you assess your insurance needs and give you the guidance necessary to choose a policy that protects you and your home. 

I Rear Ended My Other Car, Now What?

It sounds crazy, but it happens: People running into their own cars. If you own more than one vehicle and they’re both covered by the same provider, you might wind up dealing with this situation if you make a careless turn coming into the driveway. So what happens next?

  • If you have a liability-only policy, nothing happens. Your insurer will cover the damages if you hit someone else’s car, but not if you run into your own vehicle.
  • If you have comprehensive and collision, you’re covered. In this instance, it works just like if you ran into a tree or something. Sure, it’s technically your own fault, but that’s what insurance is for. The question is whether it’s worth paying the deductible.
  • If someone is injured, your PIP may cover it. Suppose you get whiplash running into the old truck in the driveway. Your Personal Injury Protection should cover you.
  • If you decide to cover the damages yourself, no problem. You’re only required to report accidents to your insurer when you want to make a claim, or when someone else has suffered losses. If you run into your own car in your driveway, there’s no law against saving yourself the embarrassment and keeping this "just between us." Just tell the mechanic "I don’t want to talk about it" when they ask what happened.

Most accidents in Plano, TX actually happen near the home, so this might not be as weird as it sounds. If you have any questions or you’re looking to get covered, get in touch with Paragon Independent Insurance Agency. Whether you’re covering one car or several, Paragon Independent Insurance Agency can get you the coverage you need.

Common Errors Business Owners Should Avoid While Researching Workers Compensation

Paragon Independent Insurance Agency offers coverage to the Plano, TX community, as well as the surrounding areas. We help our clients find the coverage they need to avoid a significant loss. We have working relationships with multiple carriers throughout Texas.

Errors To Avoid While Researching Workers Compensation

As a Plano, TX business owner, it’s important that you take care of your investment. Commercial insurance helps alleviate some of the stress involved with operating your business on a day-to-day basis. The policy covers any property or inventory damage. You are also covered if your business suffers an emergency and has to cease operations for a few days. Liability coverage is also important. If one of your customers suffers an accidental injury while visiting your business, liability coverage protects you from potentially having serious losses. Another important part of your liability coverage is workers’ compensation. Worker’s compensation protects your business and your employees if there is an employee injury in the workplace. While you are figuring out which type of worker’s compensation policy is the right fit for your business, avoid some of these common errors.

Failing To Thoroughly Research The Policy

Keep in mind that worker’s compensation policies cover more than just your employee’s injuries. The policy also covers your employee’s rehabilitation as they prepare to re-enter the workforce.

Additional Insured

Many businesses make the mistake of trying to put additional insured coverage on their worker’s compensation policies. Additional insured is a better fit for traditional liability coverage. You cannot put additional insured on your worker’s compensation policy because you are seeking to directly cover your employees if they get injured on the job.

Paragon Independent Insurance Agency Will Help You Protect Your Business

Visit our website today to learn more information about commercial insurance.

Should I get home insurance in Plano?

People that are in the Plano, TX area are going to have many different personal insurance requirements. For those that are property owners, one important form of coverage to get is home insurance. This type of coverage is ideal for anyone that is going to buy a property and invest in their future. There are a few reasons why you should get this coverage. 

Insurance is Needed to Remain in Compliance

A reason that you should get home insurance coverage when you are in Plano is that it is needed to remain in compliance. If you are going to buy a home you likely will be required by your mortgage lender and by any home association that you are affiliated with to carry insurance. If you neglect this coverage, it could put you into violation of various agreements.

Insurance Offers Protection

There are some people that will not have specific home insurance requirements. However, it still continues to be a great investment to make. With home insurance, you are going to get the coverage that is needed to repair or rebuild your home if it is damaged. Further, you will get personal liability protection. This could prove to be helpful if your home is damaged or you are named in a liability claim due to an accident in your home.

Plano, TX will continue to be a great place to invest in your own property. If you would like to buy a home here and are interested in obtaining new insurance, you should call Paragon Independent Insurance Agency. The team with Paragon Independent Insurance Agency knows that this coverage can come with complexities. They can help you by answering any of your questions and building a policy for you that will offer the ideal protection for your situation. 

Does your auto insurance cover you in a rental vehicle

It happens to almost everyone, you need to drive a rental car. They are going to be asking you a lot of questions either in person or online. More than one of the questions will have to do with insurance. The good news is if you are online you have time to do your research before you make the final decision. At Paragon Independent Insurance Agency Plano, TX, we have more than 50 years of combined experience. The entire team places the needs of our customers first and does everything possible to meet their needs. 

There is no one simple answer to the question "Does your auto insurance cover you in a rental vehicle". The only answer is maybe. A lot will depend on who your carrier is and the type of insurance that you have on your vehicle. You have liability insurance on your auto policy and that will cover you even in your rental vehicle. But the other coverage is not so cut and dry. Be sure to read your policy and if you have questions, call your insurance professional and get the low down. What you need to consider if you have comprehensive and collision coverage is the value of your personal car versus the value of the rental vehicle. 

The rental company will offer you a variety of coverage options. One of them will be liability coverage. As long as you are comfortable with the amount of liability protection you have on your personal vehicle you can decline that coverage. If you don’t have collision and comprehensive coverage the collision damage waiver that the rental company provides will give you that protection. If you have home or renters insurance you can refuse the personal effects coverage. 

Contact Paragon Independent Insurance Agency in Plano, TX when you have questions about your auto coverage. 

Does Your Business Have a Disaster Prep Plan?

Whether your business is small or large, having a disaster prep plan is essential to your survival. In the event of a disaster, your workforce can act quickly and decisively to protect your business interests. These tips from Paragon Independent Insurance Agency can be helpful in developing a disaster prep plan for your Plano, TX business.

Review Your Commercial Coverage

Review your commercial policy to ensure your Plano, TX business has adequate protection against disasters. This includes property coverage to protect your building, equipment, and inventory and business interruption to cover your losses if you have to close temporarily for repairs after a disaster. Your policy should protect you against common disasters in your local area.

Mobilize Your Workforce

Prepare your team by educating them on disaster readiness. Make sure your building has clearly marked escape routes and that your employees know what to do in the event of a disaster. Delegate specific duties to your managers to ensure essential tasks get done both during and after a disaster.

Protect Sensitive Documents

Make sure your sensitive documents are safely backed up in the cloud or copies stored in a separate location to prevent their loss in a disaster. This includes personnel files, customer data, financial records, business contracts, etc.

Set Up a Communications System to Handle Disasters

Set up a system for communicating with your employees, customers, suppliers, and business associates so they will know the status of your business after a disaster. This could include hiring a call center to take customer calls or using social media to keep the public informed of your situation.

By preparing for disasters in advance, your business is in a better position to handle and recover from the aftermath of a disaster. For commercial coverage protection against natural disasters, contact Paragon Independent Insurance Agency today.

Auto Insurance Variables That Texas Drivers Should Think About During The Winter

Paragon Independent Insurance Agency serves the Plano, TX community. We believe that our clients’ needs come first. We proudly serve as an independent agency. We have established long term relationships with multiple carriers throughout the South.

Auto Insurance Variables During The Winter

Auto insurance allows you to protect one of your most prized possessions. The policy covers your vehicle if you are involved in an accident with another vehicle or object. You are also covered if someone tries to steal or vandalize your vehicle. Liability coverage protects you if you are responsible for your vehicle causing damage to someone’s property. As the weather starts to change in Plano, TX, it’s important that you have a safety net. Here are some variables to think about while you are driving during the winter.

Slick Roads

The primary danger to consider while you are driving in the winter is the slick driving conditions. During cold temperatures, the rain can turn to ice or snow on the road. This increases the chances of you being involved in a collision. Make sure that you are driving at a steady pace. Do not drive fast during slick conditions. Try to have your tires checked, as well as your headlights and taillights before the start of winter. This will decrease the likelihood that you will be involved in a serious collision.

Prepare For Emergencies

Consider amending your policy so that you will be protected if your engine fails or you have a flat tire. You can seek emergency towing services or roadside assistance. Get a tune-up and make sure that you have a fresh batch of antifreeze in your vehicle.

Paragon Independent Insurance Agency Will Help You Cover Your Vehicle

Visit our website to learn more information about auto insurance.

Getting your home ready for winter

Shorter days and cooler nights are a sure sign winter is on the way. Your home is the biggest investment you will likely ever make and making sure it is ready for winter can make it safer and also save you money when it comes to keeping your home warm. Having an independent insurance agent who you can trust makes homeownership less stressful. In Plano, TX,  Paragon Independent Insurance Agency have the philosophy that the customer’s needs always come first. 

Have chimney checked

Before you decide a fire in the fireplace would be a nice idea it is always good to have your chimney checked and cleaned. Chimney fires can be very damaging and are easily avoided with some basic maintenance. 

Furnace cleaning

In order to get the most efficiency out of your furnace, it is vital that you have it serviced every year. It needs to be cleaned and filters changed. You will be glad you took the time to do it when you get your fuel bills. 

Clean the gutter

In the fall most trees lose their leaves. Those leaves not only fall on the ground, but they also fall on your roof and into your gutters. The gutters can become clogged and the water will not go into the downspouts. It can cause serious damage to your roof and also to your ceilings. 

Seal the leaks

A little caulk and some weatherstripping can seal up any leaks you have around your windows and doors.

At Paragon Independent Insurance Agency in Plano, TX, we have been serving residents for over 17 years.  With more than 50 years of experience, we have the knowledge you are looking for in an insurance agency. If you are ready to discuss your home insurance needs, stop in to our office or give us a call for a no-obligation quote.