How Often Should I Have My Auto Insurance Reviewed?

With all the different types of car insurance policies that are available, you should talk with your insurance agent to ensure you have the proper type and amount of insurance for your vehicle. Residents who live in Plano, TX have access to the agents of Paragon Independent Insurance Agency. The agents understand the importance of having the right type of insurance and will evaluate your policy if changes need to be made.

Significant Changes

There are several types of changes that will cause you to review your auto insurance policy. Paying off your car loan or using your car as collateral can cause significant changes in the type of policy you need and the amount required for adequate coverage. Another significant change is adding or removing a driver from your policy. Young drivers can have a big impact on how your policy premiums are calculated.

Caring for Your Vehicle

Your vehicle’s age is also a determining factor. The older your car is the more its overall value has depreciated. This may be a determining factor in how much coverage you choose to carry. Taking proper care of your vehicle will help it hold its value. This means keeping it clean inside and out as well as maintaining a strict service record of oil changes, transmission checks, etc.

The agents of Paragon Independent Insurance Agency serves residents throughout the Plano, TX area. By performing policy reviews, the agents can help them keep their insurance coverage where it should be in terms of coverage and cost. Speaking with an agent and scheduling a review is the best way to keep your insurance where it should be.

 

Are Annual Fire Inspections a Requirement for a Commercial Business?

Businesses have to remain in compliance with city building codes if they want to keep their doors open. Fire inspections are performed to ensure that every business remains safe for consumers. Inspectors look for different factors that may raise a building’s fire risk. In Plano, TX, the agents at Paragon Independent Insurance Agency works with its commercial customers to ensure that the business runs as safely and efficiently as possible. 

Potential Fire Hazards

Potential fire hazards can be anywhere and in most cases, business owners are unaware of them. Having too many extension cords or outlets that have been damaged are common hazards that sometimes go unnoticed. The same is true for frayed electrical cords or light fixtures that have the wrong size bulb. During a fire inspection, the inspector knows how to identify potential fire hazards and will provide the business owner tips on how to reduce their fire risk.

Staying Up to Code

As upgrades are made to both the city utilities and the business itself, fire codes may change. During a fire inspection, the inspector will provide you with a list of any new upgrades as well as any ideas on how to improve your utility usage and lower your risk as a fire hazard. Some changes may be rather easy to make while other upgrades will be a little more costly.

The agents of Paragon Independent Insurance Agency are available to answer questions for Plano, TX business owners when it comes to regular fire inspections. By keeping your business up to code and minimizing fire hazards, you can protect your investment for years to come. Call the agency today and speak to an agent.