3 Reasons to Update Your Auto Insurance

Changes in your life or household over the last year could have an impact on your auto insurance. If you bought a new car, you may need to upgrade your coverage. If you added a teen driver to your household, you’ll need to update your policy to include him or her on your coverage. Updating your auto insurance with Paragon Independent Insurance Agency keeps your coverage current to give you the protection you need. If you haven’t updated your auto insurance in a while, here are a few reasons to do so.

New Driver on Policy

If your teen recently got his or her license and will be driving the family vehicle around Plano, TX or beyond, you’ll need to add him or her to your auto insurance to ensure they’re fully protected against accidents on the road. This will require an update to your policy. You may even want to increase coverage to enhance insurance protection for your family.

Enhanced Safety Features in Vehicle  

Incorporating new technology such as rearview camera or lane departure system into your older vehicle could help prevent accidents. Features that enhance vehicle safety and security could qualify you for a discount on your insurance. This makes it worthwhile to update your policy.  

Life Changes

Life changes that alter your driving routine or habits could affect auto insurance coverage and/or costs. A change of job could require more driving, prompting you to increase insurance coverage. In contrast, retirement could reduce the time you spend on the road, enabling you to cut back on coverage to save on insurance costs. Updating your insurance gives you a chance to incorporate these changes into your policy.  

For greater insight into when and how to update your auto insurance coverage, contact us at Paragon Independent Insurance Agency in Plano, TX. 

Can I get a discount by purchasing all my commercial insurance policies through one agent?

So you have your small business and now you need to protect it. But just like with every other business expense, you want to watch your bottom line and find the discounts where you can.

You may already know which kinds of commercial insurance your Plano, TX needs, but if you don’t, you can start by speaking with one of the representatives at Paragon Independent Insurance Agency. We’re always happy to help you sort out what your needs are, with no obligation.

Business Owners Policy (BOP) and Other Bundling Discounts

You can definitely earn discounts by bundling your policies, and you get the added advantage that the policies are more convenient to maintain and claims will be smoother with one carrier. The Business Owners Policy (BOP) is popular because it puts together the most important kinds of coverage which is tailored to your needs.

Normally, the BOP will include at least proper insurance, to protect the premises, and general liability, to shield you from lawsuits. You can also add coverage for automobiles, professional responsibility, work stoppage, and other kinds of protection.

Other Kinds of Discounts

You probably won’t get the discounts you want unless you ask for them, so don’t be shy. There are safety discounts available for some businesses, for taking preventive measures like installing burglar alarms and sprinklers. If you belong to a certain organization or group, you may qualify for a special discount. And staying with the same insurance company will earn you a loyalty discount.

You don’t want to think about these boring issues, but your Plano, TX business depends on you to keep it safe. Call Paragon Independent Insurance Agency today if you have any questions or would like more commercial business coverage.