Three common types of auto insurance and what you need for quote.

Auto insurance policies are usually made up of various different types of coverage, every one coming along with its unique premiums and benefits. For consumers to come up with the best quality policy package and quote, it’s always important to have an idea of what is being offered, as motorists have several different coverage amounts for the different components that they can always select from. If you reside in Plano, TX Paragon Independent Insurance Agency will cater for all your auto insurance needs, from purchasing to renewal!

The following review provides a list of the most common auto insurance types and what you need for a quote.

Auto Liability Insurance.

Also known as financial responsibility insurance, the Texas auto liability insurance is the least auto insurance coverage type required of all Texas drivers. In the event of an accident that deems you responsible for injury to another person or destruction of their property, auto liability insurance helps protect your assets. However, it doesn’t pay for the repair or replacement of your car or for your injuries.

Physical Damage Auto Insurance.

Coming in two types, the physical damage auto insurance encompasses collision and comprehensive coverage, with your lender requiring you to carry both if you still owe money on your vehicle. Moreover, even if you no longer owe on your car, collision and comprehensive auto insurance would still suffice in order to protect the value of your car.

Regardless of who is at fault, collision insurance covers the damage cost to your car as a result of an accident. On the other hand, comprehensive insurance caters for the cost of auto damage from other causes such as vandalism, storms, floods, and theft.

No Fault/Personal Injury Auto Insurance Protection (PIP).

In the unfortunate event of an accident, the Personal Injury Protection insurance coverage helps protect you together with your passengers. PIP helps cover medical care, lost income and replacement services for injured parties. The medical payment insurance will, however, cater for the cost of medical, hospital or funeral expenses as a result of an accident for you, together with any passengers in your car.

Familiarizing with the different types of auto insurance coverages can help you in deciding what insurance to purchase as well as help you in navigating the insurance system in the event of an accident. Serving the greater area of Plano, TX, Paragon Independent Insurance Agency will make your purchase of auto insurance a breeze. Insure with us today for we have a wide variety of affordable insurance quotes and rates to choose from. For more inquiries, be sure to always contact us for more details, as we’re only a call away!

 

How to Compare Auto Insurance?

When it comes to shopping for auto insurance, it is very important that you first assess your needs. This will help ensure you are able to purchase a policy that provides the type of coverage you require. For many people, though, it can sometimes be a hassle trying to find the best policy. Fortunately, here at the Paragon Independent Insurance Agency serving Plano, TX, we’ve taken the time to outline two tips for making sure you know how to effectively compare auto insurance. 

Start With Your Friends and Family

One of the best ways to shop for auto insurance is to ask your friends and family for their recommendations. You will likely find they can point you in the right direction and help you pinpoint a policy that truly meets all of your needs. Even better, they can explain their policy and help you choose which level of coverage you need. Many times, your friends and family will be able to direct you to both local and national insurance companies, which gives a good chance of being able to compare policies from a wide range of providers. 

Use the Internet

You can also turn to online resources to help you compare auto insurance. There are many resources that make it easily possible to compare different levels of coverage from different providers, which helps you narrow down a long list of possible policies that can best meet your needs. You’ll also be able to read through reviews of existing customers to see which providers are providing the best customer service. This is especially important because you want to choose an insurance provider that providers superior customer service around the clock. 

To learn more about comparing auto insurance, contact the Paragon Independent Insurance Agency serving Plano, TX.

Do I Need a Full Auto Insurance Policy?

When you drive a car in the Plano, TX area, you will find that you will need to carry auto insurance coverage on your vehicle at all times. However, the state generally only requires that you carry liability coverage on your vehicle. While Plano TX car owners will only be required by law to carry liability coverage, many would still benefit greatly from carrying a full policy that includes both collision and comprehensive coverage. In fact, there are several situations in which you will need to have a full auto insurance policy in place.

When You Have an Expensive Car

One situation in which you will want to have an auto insurance policy that provides full coverage is when you have an expensive car. Buying a car is always a very big purchase that needs to be properly insured. If you have a car that was expensive and difficult to replace in cash, you need to make sure that you have coverage necessary to do so. 

Auto Loan

Most drivers today obtain financing when they buy a new or used car. If you do have a loan on your car, you will be required under the loan documents to properly insure the vehicle. This will assure the lender that they can be paid off if the car is stolen or damaged.

When you are evaluating your auto insurance needs, you should reach out to the Paragon Independent Insurance Agency. When you meet with the Paragon Independent Insurance Agency, you will receive far more insight into what type of insurance options are out there, which ones might be right for you, and what your requirements are. For those that are in the Plano, TX area, this can be very helpful when it comes time to pick your next policy. 

The Benefits of Using GPS When Traveling

Whether it be going to the nearby gas station in Plano, TX or taking a trip across the country, you will want to make sure that you are always equipped with a GPS system. The technology integrated into GPS systems is phenomenal and has even been known to save lives. Here is a quick look at three advantages you’ll gain when using a GPS when traveling. 

Emergency Relief

A GPS can prove to be of the utmost value in a number of situations that life may throw your way. For instance, during a natural disaster, hurricane, or tornado, law enforcement and emergency services can use the GPS navigation system in your car or cell phone to locate you. In fact, cell phone and car navigational systems that have GPS capabilities have proven themselves to be extremely helpful in terms of finding natural disaster victims in a quick and efficient manner. This small but very powerful tool has saved many lives. 

Directions

A GPS device is equipped with locations and maps of the world. Tablet PCs and smartphones use GPS to pinpoint locations and give step-by-step directions from one location to the next. A GPS can even alert you if you have made a wrong turn, as well as give you updated route information. Another feature of GPS systems is that they can help you locate the closest hospital and find local restaurants. With a GPS, there is no need to pull the paper map out of the glove box. Simply type in the location or destination you are wanting to reach, and the GPS will provide you with precise directions on how to get there. 

Avoiding Traffic

Traffic can either make or break your trip, but having a GPS while traveling can make your trip a breeze. Today’s GPS systems have the ability to provide you with will real-time traffic updates and will instruct you to take alternate routes that make your trips more efficient.

Protect Yourself Today

In addition to protecting yourself with a GPS system, you’ll also want to make sure your car has proper auto insurance. To learn more about this type of insurance, please contact Paragon Independent Insurance Agency. serving the Plano, TX area. 

Full Coverage or Minimum Auto Insurance?

You’ve purchased the car of your dreams and now need to choose insurance coverage to protect your investment. How much insurance should you buy? New car owners should seriously consider full coverage to fully protect their investment. If you own an older vehicle, it’s up to you to select the type of coverage you need. With the help of a Paragon Independent Insurance Agency agent, Plano, TX car owners can make wise insurance choices to protect their interests.  

Minimum Auto Coverage

Every state has mandatory minimum requirements for auto insurance coverage. In Texas, the minimum coverage is $30,000 bodily injury liability per person with a $60,000 total per accident. If you cause an accident that injures two other people, your insurer will pay up to $30,000 worth of medical expenses for each, with a limit of $60,000 for the entire accident.

If injuries exceed this limit, you could be sued for the remainder of the damages. Unless you have financial resources to cover these expenses, you would do well to select higher liability limits to protect your interests. Minimum liability coverage also doesn’t cover damages to your vehicle, which means you’ll have to pay for repairs out of pocket.

Full Coverage

With full coverage, you not only get liability protection but collision and comprehensive coverage as well. Collision coverage helps pay for repairs to your car if you crash it into another vehicle or object. Comprehensive insurance protects you against theft, vandalism and storm damage. If you own a new or fairly new car, you need extra coverage to protect your investment. Otherwise, you could wind up paying for vehicle repairs on your own.  Full coverage may cost more initially but gives you greater returns on your insurance investment when you need it most.

For help in selecting the right auto insurance package for your situation, contact Paragon Independent Insurance Agency, Plano, TX.

When Can You Claim Your Auto Insurance

As long as you’re driving, chances are you will one day be involved in a car accident or another circumstance that will cause damage to your car or another person’s property.  You will need to contact your auto insurance provider in in your home in Plano, TX to get reimbursement. Auto insurance safeguards you against liability and costly legal battles. Some of the common claim types filed with Paragon Independent Insurance Agencies Inc include property damage claims to severe vehicle damage and bodily injuries for medical expenses. So, when should you file a claim for your auto insurance?

When a Collision Occurs

Car collisions often result in severe car damages, and you should inform your insurance agent whenever you’re involved in a collision. File a claim even if you are the one at fault or if the car damages don’t appear severe.  Sometimes the damage may be more severe than what you think. It can be hard to tell whether serious injuries are involved at the scene of the collision since some injuries have delayed symptoms. Be sure to inform your provider in Plano, TX to avoid paying someone else’s huge medical bills. Let your auto insurance agent handle it.

When You Accidentally Cause Serious Damage to Your Own Car

Let’s assume that you make a dumb driving move and hit a post causing severe damage to your car. Although there is no any other person involved in the matter, don’t fail to file a claim for repairs. Sometimes, it can be costly to cater for such repairs without the help of your insurance provider.

Whenever there is Property Damage Involving Your Vehicle

You should also file an auto insurance claim when there is property damage, and your car is involved. The liability coverage is there to protect you from such circumstances. The liability policy pays for the damage and the costly legal battles that may arise out of the situation.

Are you looking for auto insurance in Plano, TX? Contact Paragon Independent Insurance Agencies Inc today for all of your insurance needs.

 

Reasons why you should consider an auto insurance policy

It is hard to understand why you should spend so much money to buy a car and then spend another amount to insure it? However, can you imagine a world without insurance? If an accident was to occur, the person found liable would have to pay for all the expenses from his or her pocket. You do not want to be the one in that position, and that is why Paragon Independent Insurance Agency offers you an auto insurance policy.

If you are in Plano, TX, we advise you consider our auto insurance policy. We have employees that are well versed with insurance knowledge, and also, they have the experience needed to guide you through the policy. We encourage you to view insurance as an investment since it is protecting one of your great investments and in that way, you will be able to understand its importance.

We have different auto insurance coverage options for you to choose from. We offer you collision coverage, comprehensive cover, liability coverage and medical payments. With this covers, you should not worry about the risks that might occur as you drive your vehicle. Still not convinced of the importance of an auto insurance policy?

Let us look at some of the reasons why you should consider this policy.

It is a law

Having a car insurance policy is a requirement by law in most parts of the world and Plano, TX is not an exception.

Saves cost

If you are to get into an accident and the court finds you liable, the penalties will be less than that of a person without an insurance policy. Also, if your passengers or a third party gets injured under your watch, the court will require you to pay for the medical expenses. If you don’t have an insurance policy, you will have to use your own money to cover the bills, and that can leave you bankrupt.

Therefore, if you are looking to have an enjoyable and stress-free time with your vehicle, Paragon Independent Insurance Agency is the place to go. We will give you not only our best policy but also the best customer service.

 

 

 

Collision vs Comprehensive, What’s the Difference?

Auto insurance policies in Plano, TX typically include both comprehensive and collision coverage. Some people opt for just collision coverage, especially if the value of their vehicle is low. However, including comprehensive coverage adds more protection.  To choose a policy that’s right for you, it’s important to know the differences.

Collision Coverage

Collision coverage is the most important type of coverage to maintain. It applies when you are the at-fault driver in a collision with another car or object such as a power pole or sign. It’s not difficult to accidentally hit something while driving, and if you’re at fault, then your collision coverage will protect you from incurring large expenses.

With collision coverage, your insurance company pays for damage to your auto and damages related to whatever you struck, such as another vehicle. Collision coverage often pays for related medical expenses too, but it’s important to check with an agency like Paragon Independent Insurance Agency to be sure you have adequate medical coverage to meet potential claims.

Comprehensive Coverage

Comprehensive is valuable too. It covers damage that occurs to your vehicle from something other than a collision. It covers theft of your vehicle, along with incidents such as fire, flooding, and vandalism. Hitting a deer or other animal is also covered under comprehensive.

Choosing the Best Coverage

Each type of coverage serves an important purpose. For some people, the best coverage is the cheapest coverage that allows them to legally drive in Plano, TX and surrounding areas. Other people are concerned about potential damage to their vehicle and want to do more to protect themselves from unexpected expenses. For help choosing the right coverage, please call Paragon Independent Insurance Agency, for assistance. We’d love to help you explore and assess available options.

4 key benefits of commercial auto insurance

In case you operate a transportation business, you need to purchase a commercial auto insurance to ensure that you are properly covered. This insurance coverage comes with many benefits which are exclusive for your business customers and employees. With this coverage, you will have a peace of mind regardless of who is driving your car. Below are four key benefits of purchasing commercial auto insurance policy from Paragon Independent Insurance Agency Plano, TX insurance policy.

1. Higher Limits
Every day you or one of your employees drive your car, you are at risk of getting wrecked which would lead to expensive lawsuits. In scenarios involving punitive damages, the liability costs can go to the extent of six figures. Luckily with commercial insurance, you will have high policy limits ensuring that such liability is fully covered.

2. Protects Business Equipment
If you own a transportation business, you will note that there are numerous tools and equipment which must be brought along while driving. These include catering equipment and hydraulic lifts which are supposed to make the repair and maintenance work simpler. With this coverage, you will get funds to replace these tools whenever they get damaged. 

3. Protects Employees
Business owners can have numerous employed drivers who count on them for their safety and protection. However, you will not be able to keep them in sight all the time which calls for a third party to offer protection. As such, you will need a commercial auto insurance policy to ensure that they are helped in the event of an accident.  

4. Meets the Fleet Lease Requirements
Lessees will require your business to maintain a commercial auto insurance which will protect their interests in case of an accident. With this policy, the lessees will be safe from the risk of financial loss in the event the business experiences damages.

Undoubtedly, commercial auto insurance will protect your business when the liability claims are high. Considering its high limits, you will have a peace of mind after purchasing this policy coverage. It is high time you visited Paragon Independent Insurance Agency which is based in Plano, TX, for good insurance deals.
 

Does Auto Insurance Cover Non-Accident Related Injury?

Driving a car can be one of the biggest thrills of your life, but it can also be one of the most dangerous things you can do. For many, it is difficult to decide what type of coverage you need and it may also be difficult to understand just what your auto policy covers. For those living in the Plano, TX area, the agents with Paragon Independent Insurance Agency can help answer all your questions.

Does auto insurance cover non-accident related injury is the question. In some ways it does, in others no. It all depends on how you define an accident. If you strike a pedestrian it will cover the cost of their medical bills, for some, this might not be considered an accident because only one car was involved.  Will your car insurance cover you tripping and breaking your arm getting out of your car, probably not.

Car insurance policies are put in place to protect drivers from other drivers. They are made to help give you the coverage that you need to recover from a car accident should you have to deal with one. They are put in place not to protect you from yourself, but to make sure that if you are in an accident, no one is left with a huge number of bills that they simply cannot pay. For those that do have medical bills that are associated with their car but not with an accident, you are likely going to have a very hard time getting any insurance company to pay out.

For those in the Plano, TX area, the agents with Paragon Independent Insurance Agency can help you find the policy you need and figure out just what it covers quickly and easily no matter what.