Who Should Get Commercial Insurance?

If you live in Plano, TX area, becoming a business owner is a great career path. Starting your own business will help you to achieve your financial freedom and contribute to the local economy of the state.  However, regardless of the type of business you decide to start, it is important to have proper protection with the help of commercial insurance. Paragon Independent Insurance Agency prepared a list of those, who will benefit from commercial insurance: 

Business Owners Purchasing Expensive Assets

If you are planning to purchase important and expensive assets for your business, you definitely need commercial insurance. For example, if you are buying equipment to operate your business, you need to make sure that it will be repaired or replaced if it is stolen or broken. This is one of the main reasons why business owners decide to get business insurance. 

Business Owners Who Want to Protect Their Financial Future

Another reason why entrepreneurs purchase commercial insurance is the protection of the future of their company. If you decide to purchase a commercial insurance policy, it will help you protect your business assets and mitigate liability claim risk. Moreover, it also helps keep your business solvent if something happens and you incur a loss. 

Business Owners Who Hire Employees

One of the main purposes of commercial insurance is to protect employees who you hire. This type of coverage is called workers’ compensation. Even though it is not obligatory in the state of Texas, it is still recommended to get it as it provides financial compensation to employees if they get injured on the job. 

Paragon Independent Insurance Agency  – Your Insurance Agency For Protection of Your Business

If you decide to run a business in Plano, TX or any other nearby town, you should consider buying commercial insurance. Paragon Independent Insurance Agency is ready to help with that – our experienced and knowledgeable insurance agents will help you find the perfect policy addressing your personal commercial needs. Feel free to visit our website or give us a call – we are always here for you. 

Is Home Insurance a Worthwhile Investment?

If your home is your most precious asset, then home insurance is a worthwhile investment. A home is where you’ve spent almost, if not all, your savings. You even get to spend most of the best and memorable moments in your home. Yes, you do many things to protect your home and possessions from any loss or damages. But unfortunately, mishaps do happen, and you can do little about some risks that can cause potential damage to your home. And that’s where home insurance from Paragon Independent Insurance Agency comes in handy.

Home insurance will help you protect your investment and yourself in a variety of ways. Whether it’s a new home you are buying, or you’ve paid off the mortgage, home insurance is a must-have. Here are the reasons why home insurance is a worthwhile investment. 

It protects your assets

Your home insurance will not only cover your home structure but your assets, such as clothes, furniture, electronics, and ornaments, which don’t come cheap. A peril like fire can wipe away all your investment within a blink of an eye. However, with home insurance, the insurer will replace the loss, lessening your financial burden.

It offers liability protection 

Home insurance policy offers protection against accidental damages caused within your property to a third party. Think of how much you would spend if you got sued for damages caused or the medical bills. That’s why you need home insurance to cover such expenses.

It compensates for temporary living expenses

Imagine your home is damaged to an extent it is deemed uninhabitable. How inconvenient. But with a home insurance policy that provides additional living expenses, your headache is solved. The insurance puts you in a temporary place until the home is rebuilt or repaired.

Home insurance in Plano, TX 

Nothing beats the peace of mind that comes with having a safety net in place in case of an unfortunate event. Let home insurance be your safety net. Ready to purchase your home insurance in Plano, TX, and its environs? Please contact Paragon Independent Insurance Agency for an affordable quote.