Why You Should Work With Independent Insurance Agents

Independent insurance agents are found throughout Texas. If you want quality coverage at an affordable price, the best thing for you to do is work with an agent that is independent of the different insurance companies that are out there.

This is one thing that many people don’t realize. Independent insurance agents do not work for a specific insurance company. Instead, they work for an agency. They work with all of the different companies and therefore can tell you which ones have the best levels of coverage for your needs and for your budget.

Insurance agents want to get to know who you are. They’re very close knit with the community and are going to advocate for your best needs. They know which companies have the best discounts and which companies to stay away from based upon various aspects of your situation that could otherwise cost you money.

Independent insurance agents can ultimately do with the Internet cannot. They can explain coverage, provide definitions for insurance terms, and guide you through the complicated process of buying insurance. It doesn’t matter whether you need coverage for your home, car, or anything else. Agents can show you how to combine policies, too, in order to save even more money.

The goal should always be to get good coverage at a good price. You may get one or the other shopping online, but ultimately, you don’t know about the insurance trends or about the different forms of coverage. Independent insurance agents do, and they can help you.

Call now and one of our friendly agents at Paragon Independent Insurance Agency can work with you on all of your insurance needs in Plano. We can get quotes from top insurance companies in Texas and answer any questions you may have about coverage.

 

 

What to Know About Insurance and Gifting a Car

The holidays are a wonderful time to give the gift of a car. However, it may not be as simple as you think it is. There’s more entailed than just driving the car into the person’s driveway and handing them the keys. You’re presenting them with a responsibility, and it entails a great deal on both parties’ parts. 

Financial Obligations

Although you’re paying for the car, the financial obligation goes beyond that. There are insurance premiums that must be paid. The policy must meet the state’s minimum requirements. You must decide if you’re going to pay for the premiums as part of the present or if the other person is financially responsible. Make sure you keep in mind if the person is capable of making the premiums. 

Just like insurance premium requirements, each state has its own laws in regards to taxes associated with receiving a gift of a vehicle. That means, the giftee may have to pay taxes.

The person may have other expenses as well such as a fee to park the automobile in his or her residence. And then there are the inevitable maintenance fees. You need to take this all into consideration before being generous. 

Paperwork

In Plano, TX, a person must register a vehicle. That means you’ll need first to put it in your name and transfer it if you want it to be a surprise. There are fees associated with registering and transferring. 

Insurance

The car requires insurance, which means you may need to put it in your name. You have to take into consideration your driving history. 

Buying a car seems like a wonderful holiday present, but there is more involved. Make sure you know the person’s situation, and you know your state’s laws, especially involving insurance. 

Contact Paragon Independent Insurance Agency at 972-473-4813 today to get quote if you’re planning on giving a four-wheeled gift.