Common home insurance riders you may want to add

Home insurance riders, also known as endorsements, are additional insurance that you add above and beyond the limits and exclusions of your basic home policy. They come at an additional cost so you only want to add ones that make sense in your particular situation. You can discuss these and many other home insurance issues with the agents at Paragon Independent Insurance Agency in Plano, TX. With their more than 50 combined years of experience, they have the knowledge that you need to make an informed decision.

Jewelry

One of the most common riders is for coverage of your jewelry. Typically home insurance may cover as little as $1000 worth of jewelry total. If you have an engagement diamond or a high-end watch, this basic coverage is just not going to cut it. It helps if you have an appraisal of your more valuable items when you go to purchase the additional endorsement.

Antiques and Collectibles

This includes everything from your baseball card collection to coins and first editions.  You will need to know the value of your collection in order to be sure that your coverage is adequate for what you have. Again an appraisal is important when coming up with the true value of the items you want to insure.

Earthquake

Home insurance policies almost always exclude earthquake coverage. You can, however, purchase the coverage as a rider and it will cover your home, garage and other buildings on your property and your personal property that may be lost or damaged.

Identity Theft

While nothing can prevent identity theft from happening, once it has happened trying to get it resolved can be an expensive and frustrating thing to go through. Check with your policy issuer to see what sort of coverage they can provide.

Making sure that you have all the riders that you need on your home insurance requires the knowledge that the agents at Paragon Independent Insurance Agency in Plano, TX have. Give their office a call to schedule your appointment today.

Commercial Insurance for Growing Businesses

Small businesses like yours are what enhance the community. You increase revenue to the neighborhood, create employment, and offer new opportunities. You struggle to keep your business on solid ground. Make sure that you have the right kind of insurance to protect your growing businesses.

Auto Insurance

If you have the type of business that has a few cars or a fleet of trucks, you’re going to need to have commercial auto insurance. Commercial auto insurance can protect you against reckless drivers who damage your vehicles or merchandise. As you begin to grow your business, you’ll want to increase your coverage limits.

Liability Insurance

There are three types of liability insurance for certain businesses.

  • General liability insurance can protect you against costs as a result of an accident. If someone is injured in your store, you may have to pay medical expenses and defend yourself in court. You could pay legal fees and settlement costs. With liability, this cost will be less with the right coverage.

  • Product liability is mainly for businesses who manufacture, distribute, or sell products. Liability protects you if a product you sell is defective and causes purchaser harm.

  • Professional liability is for professions that require you to provide service individuals or other businesses, such as a doctor or masseur.

Commercial Property Insurance

Similar to home insurance, commercial property insurance protects your property from vandalism, fires, hailstorms, windstorms, and other disasters listed in your policy. Having this policy can help you rebuild faster. If you did not have enough coverage and a disaster strikes, you may not be able to restore your business.

Go to the Paragon Independent Insurance Agency in Plano, TX to discuss a commercial insurance policy that is right for your growing business.