Skip to content
Click to Call
Paragon Independent Insurance Agencies, Inc

6305 Preston Road #1000
Plano, TX 75024

Get Directions

Upgrades That May Require More Residential Insurance Coverage

Residential upgrades that are conducted on your land or in your home may require additional residential insurance coverage. Review the upgrades that follow. Then, adjust your insurance policy accordingly.

Land Improvements

Land improvements may require the installation of plumbing, structural materials, vegetation, and lighting. Your residential insurance policy can list the items you invest in.

The insurance coverage will protect against unforeseen damage and theft. If you need to file an insurance claim, the coverage you have purchased will handle the costs you are faced with while you are rehabilitating your property.

Be aware that some events may not be included in a standard insurance policy. For instance, if you live in a low-lying area, you may need to add flood protection to your policy. This type of add-on will protect the land improvements against damage directly connected to rising waters.

High Ticket Items

Luxury furnishings, jewelry, floor coverings, and artwork are some high-ticket items that could require additional home insurance coverage. If you plan on purchasing items to use during some upgrades, keep a list of the materials and products you have decided to purchase.

Recording these items now will prevent you from overlooking them when you are ready to modify your existing home insurance policy.

Design Elements

The design of your home could have a bearing on your insurance policy. Seeking a professional assessment of your home will help you determine if you need more residential insurance coverage. Staircases, archways, and other items used in the design of your home may require additional insurance coverage.

Contact Paragon Independent Insurance Agency

Contact one of our Plano, TX agents. A Paragon Independent Insurance Agency representative will consult with you about your chosen residential upgrades.

Common Mistakes to Avoid When Filing Commercial Insurance Claims

Filing a commercial claim is a complex and daunting process, especially for business owners unfamiliar with the ins and outs of insurance policies. If the policyholder makes mistakes during the claims process, it can lead to delays, denials, or underpayment of claims, which can significantly impact a business’s financial stability. These are regular issues around Plano, TX.

Inadequate Documentation

Insufficient evidence to support the claim can result in it being denied or undervalued. Documenting all relevant information, including photographs, videos, receipts, and any other pertinent records that can substantiate the claim, is crucial.

Delay in Notifying the Insurer

Timely notification is essential, as most insurance policies must be reported immediately. Failing to promptly inform the insurer can lead to the denial of the claim.

Incomplete or Inaccurate Information

Ensuring that all details in the claim form are accurate and comprehensive is vital. Any missing information may prolong the claims process or result in a denial.

Lack of Understanding of Policy Coverage

If the policy does not cover an event, it can result in rejection. Before filing a claim, it’s crucial to clearly understand the policy’s terms, conditions, and exclusions. The insurance agents are there to break down all the details, from underwriting to filing claims.

Failure to Seek Professional Assistance

Navigating through commercial claims can be challenging, especially for small business owners. Seeking professional assistance from insurance experts or legal advisors can help ensure the claims procedure is correct. It gives the policyholder and company a favorable outcome.

Paragon Independent Insurance Agency Helps Guide You

Paragon Independent Insurance Agency will help guide you and show you how commercial insurance can save you in the long haul. Our team covers the Plano, TX area. Get in touch with us today.



  • Allstate
  • ASI
  • charity first
  • Chubb
  • Dairyland
  • Encompass
  • Foremost
  • Hagerty
  • Kemper
  • liberty mutual
  • national general
  • Philadelphia
  • Progressive
  • Safeco
  • Texas Mutual
  • TWIA-Texas Windstorn
  • the hartford
  • Travelers
  • US Assure

quote-icon Comparing Quotes - Made Simple

Compare your unique insurance quotes
online via our comparative quoting form.

Get Started Today!

Get A Quote!