Tips to Protect Your Home From Water Damage

The thought of fire damage occurring to your home is terrifying, but as damaging as fire can be, water damage is equally destructive. It only takes a few inches of water in areas where it isn’t supposed to be to cause extensive and expensive damage. Water damage can weaken your home from the structure to the foundation and in some situations; it can cause damages to your home that are beyond affordable repair. The good news is that you can actually take preventive steps to protect your home in Plano, TX from water damage. Paragon Independent Insurance Agency has put together a few tips to help prevent water damage to your home.

Inspect the Roof

The primary purpose of your roof is to keep water out of your house. Neglecting the roof may lead to a wide range of problems, including extensive water damage that may compromise the structure of your home. Most roofs have a typical lifespan of about 20 years, so it’s easy to overlook the risk of potential problems, especially if the roof is still within the period of usability. However, this isn’t always true, weather conditions and nearby trees can damage the shingles. It’s important to periodically inspect the roof for missing, damaged or loose shingles as well as damage to features of the roof, such as the flashing and roof vents.

Keep Gutters Clear

The gutter system is designed to reroute rainwater away from your house, but when they fill with debris, they aren’t able to do their job. When this happens, the rainwater spills over the gutters, flows down the siding and eventually finds its way to the foundation. To prevent this from happening, it’s essential that keep the gutters clean and free from leaves, sticks, and other debris. It’s recommended that the gutters and downspouts be cleaned out at least twice a year, preferably in the spring and fall.

Controlling the risk of water damage at the foundation of your home is just as important as controlling the water at the top of your home. Routinely monitor the foundation and basement of your home by checking for cracks in the foundation, issues with the sump pump and damaged windows. If you notice any problems, it’s critical that you arrange for repairs as soon as possible.

Residents of Plano, TX interested in reviewing and/or updating their current home insurance policy should contact Paragon Independent Insurance Agency.

Benefits of Getting Home Insurance in Plano

Buying a home in Plano, TX can be a great long-term option. Those in this area will live in a great community and could see long-term price appreciation. Along with this, you need to make sure your property is covered by insurance. The best way to do this is through a full home insurance policy, which comes with several different advantages. 

Makes Sure You Have All Necessary Coverage

The main benefit of getting home insurance on your property in Plano, TX is that it will ensure that you have all the necessary forms of coverage at all times. Homeowners own a major asset that they need to properly protect. They are also constantly taking on liability risk if they have a guest over. To ensure that they are covered for all unforeseen risks and issues, getting home insurance is extremely beneficial.

Allows Compliance with Lenders and Associations

You should also get a home insurance policy for your property because you likely are legally bound to. If you have a mortgage or live in a community with an association, you undoubtedly will need to carry home insurance at all times. Both of these parties have an interest in protecting your property from serious damage, which means they will want you to carry coverage. Not being covered could lead to serious penalization. 

Those in Plano should always make sure that they have a quality home insurance policy. If you are looking to buy a home or are evaluating your insurance needs and options, you should call Paragon Independent Insurance Agency as soon as you can. Paragon Independent Insurance Agency has helped many people in the area better understand their home insurance needs. They can then help someone get into a policy that provides the right coverage. 

What Does Home Insurance Not Cover?

Standard home insurance is typically required by a lender in order to protect their investment. And because homeowners have to sign up for it right when they buy their home, they don’t always take the time to understand it. They may end up choosing a policy based on its price because they’re trying to save as much money as possible during escrow.

But by only getting the bare minimum required by the lender, homeowners miss important elements of their policy and they especially miss what isn’t in the policy. Paragon Independent Insurance Agency wants the people of Plano, TX to understand more about what isn’t covered, so they can make better decisions in the future. 

Policy Facts 

A bare-bones home insurance policy will usually cover the building and its grounds from disasters such as big storms or wildfires. It will not cover flooding, earthquakes, or insect damage. It may not even cover your possessions if they’re lost or stolen. So if you would prefer not to replace all of your electronics and jewelry in the event of home theft, you’re going to need a policy that actually protects you. 

Customizing Your Coverage 

The best way to protect yourself in Plano, TX is to customize your policy based on the most common threats in your neighborhood. From severe weather to criminal activity, it just makes sense to take a look at how each clause will be most likely to affect you in the future. 

If you’re interested in finding out more about changing your policy, call Paragon Independent Insurance Agency today. We’re here to help you get the information you need to protect your investments. Talk to our staff to see which policies would be the best fit for you. 

Things to Consider When Insuring a Home in Texas

Texas is big. Everything in Texas seems bigger. Unfortunately, this also now includes bigger and more severe weather due to climate change. It is a good time to get a home insurance review with your agent at Paragon Independent Insurance Agency, serving Plano, TX and the nearby towns, to make sure you have adequate insurance.

Thunderstorms and Lightning

The rock band Queen’s lyrics in the song Bohemian Rhapsody say that “thunderstorms and lightning, are very, very frightening to me.” It is frightening to have a lightning strike nearby. You may be driving down the highway and see a lightning strike in a field. It may hit a telephone pole or even strike your car. The bright flash is accompanied by a huge deafening boom.

If your home gets a direct hit, the huge surge of power can run through any metal, water, and wiring to reach anywhere inside the home. Electronics, computers, and home appliances can easily be destroyed.

Hail

Hail is ice particles that form at a high altitude. When they become too heavy for the updraft they fall to the earth. What’s a little ice? If hail is the size of a pea, and it is falling at terminal velocity, it is like a bullet. If it is the size of a golf ball, a tennis ball, or a baseball it is like getting hit by cannon fire. 

The other weird thing about hail is that it does not just fall straight down. Depending on the wind direction and the wind speed, it can fly around in almost any direction. It can come down, change direction in the wind, and fly through the windows.

Anything made of glass, such as windows, sliding doors, and skylights, is very vulnerable to hail damage. Larger pieces of hail are capable of smashing through the roof of a house.

High Winds and Tornadoes

Take a look outside. If there are well-established, tall trees they can be uprooted and fall on your house. Your roof may blow off. If the winds are high enough or if a tornado comes, your house may be torn apart or blown away.

Summary

These are just a few of the special things to consider about Texas when thinking about getting a new home insurance policy or for a review of any existing policy. Contact your agent at Paragon Independent Insurance Agency in Plano, TX to get an insurance review and a quote.

Does Home Automation Play a Role in Home Security?

The agents at Paragon Independent Insurance Agency serve residents in Plano, TX and many of the surrounding communities. With more and more of their customers installing home security systems with home automation features, they are able to provide valuable tips on how to use their smart appliances and devices to further protect their homes and families.

Timers for Lights and Appliances

Using timers for lights and appliances means that your home is well-lit when it needs to be. This includes turning on outside security lights and making sure your home looks occupied even when it’s not. It also ensures that you never come home to a dark house.

Manage Your System from Anywhere

When home automation platforms integrate with your home security system, you can control many of the devices in your home through a mobile app on your home. This includes turning on lights as you pull in the drive so you don’t have to walk through a dark kitchen to the light switch. You can also check your locks and make sure your home is secure by watching video cameras. Video doorbell viewers and some of the more advanced camera systems allow you to communicate directly with people in your home or on your porch.

In Plano, TX, you can combine your home security system with a home automation platform for an added level of security. Call the agents of Paragon Independent Insurance Agency today to find out what the advantages are. They can answer all of your questions and discuss all of the options available to you. Schedule a consultation today and find out how you can better protect your home and family.

Will a Home Security System Lower My Home Insurance Premium?

A home insurance company wants to know that you’re doing everything you possibly can to take care of your property, which is why many will offer some type of discount according to the level of protection you have for your home. Each insurance carrier has their own ideas about how much of a discount each client should be given and why. However, if you live in Plano, TX, Paragon Independent Insurance Agency can give you the basics if you’re looking for a way to control how much you pay every month. 

Intruder Alarm Systems

When it comes to burglaries, some homes are statistically more likely to be broken into than others. And yet, it’s always a good idea for people to have some degree of security on their property system. Some people take their own precautions, like installing motion sensor lights in the darker corners of their backyard. A home insurance company will want to see that you’ve taken a strong interest in keeping your property safe, so it may make sense to spring for a wired alarm system connected to a private security company (who doesn’t have to compete with the police if something does go wrong). 

Disaster Sensors 

Smart smoke alarms, carbon monoxide detectors, water sensors: there are plenty of devices a homeowner can purchase for a home in Plano, TX that will help them prevent serious damage in the case of a disaster. This technology can alert a homeowner immediately of danger on their smartphone or tablet, making it more likely help will arrive in time. If you want to learn how to make your home safer and potentially bring down your premium, call Paragon Independent Insurance Agency today. We’ll give you all the facts if you’re in the market for a security system.

Why Do I Need Home Insurance If I No Longer Have a Mortgage?

When you had a mortgage on your home, protecting it with home insurance probably seemed like a good idea…it may have even been required by your lender.  Now that you have paid it off, it may be tempting to let that coverage go.  But consider what you would do if something happened that damaged or destroyed your home.  Home insurance policies protect you financially in many ways.  Leaving yourself vulnerable without coverage can mean financial ruin should a disaster occur.  The team at Paragon Independent Insurance Agency work with homeowners in the Plano, TX area.  They understand your concerns and will work to get you quality coverage for the best price. 

Home insurance protects the home, structures on the property and personal possessions.  If someone is injured on the property, the liability policy provides protection.  Most policies cover a wide range of events such as fire, weather, and theft.  Your agent can help you understand what is covered and what isn’t.  For instance, water damage from faulty plumbing might be covered while water damage from a flood won’t be. 

Home policies cover personal items such as clothing, furniture, electronics, and jewelry.  It will also cover plants on the property with a few exceptions.  If you have highly valuable collections such as firearms, jewelry or artwork, you need to talk with your agent to ensure that you are covered.  Also, if after a disaster, the house is uninhabitable, the policy will pay for your additional expenses (hotel, restaurants) until repairs are made.  The team at Paragon Independent Insurance Agency know the issues that homeowners in the Plano, TX area face.  Don’t risk the investment you’ve made in your home, visit their website then call or come in today!

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.

Will Home Insurance Cover Someone Temporarily Living in Your Home?

Homeowners in and around Plano, TX often let people stay in their homes for short visits. Many people don’t stop to consider what a temporary stay can mean when it comes to their home insurance. A home insurance policy from Paragon Independent Insurance Agency can cover many things. This is a look at how a home insurance policy can affect temporary visitors.

You Should Know What Your Policy Already Covers

Typically, a home insurance policy will cover the person who signed the policy, their spouse, and their children. In addition, the policy helps to protect people who stop by for a visit as well. If you have people working on your property, such as a nanny or maintenance crew, your policy can afford them some protection as well.

However, people conducting work activities should also have insurance of their own. If in doubt, go over your policy to see who specifically falls under the home insurance coverage. You can also call and ask an agent for more information.

You Should Tell Your Insurance Company about any Extended Stays

If someone will basically live in your home for a short while, you should let your home insurance provider know. Different insurers have different policies involving temporary stays of a certain length. Make sure your policy covers them as a visitor and see if it covers their personal belongings as well.

If the person will pay you money while they’re staying at your home, the insurance company may see them as a renter. In such a case, the person staying would do well to pick up a renters policy of their own. You would do well to write up a lease.

The subject of whether someone can share your home insurance coverage in Plano, TX as a visitor or guest can vary depending on the specific details of your policy. The Paragon Independent Insurance Agency carries home insurance and renters insurance policies. Contact us today to learn more about our visitor policies or for a quote.

Damages Covered By Home Insurance Offered By Paragon Independent Insurance Agency

Home insurance describes a package policy which offers financial protection for your home and personal property inside. It may also cover the cost incurred if you accidentally destroy another person’s property or if someone gets injured on your property, thereby protecting the homeowner and their family from being liable. There is no one-size-fits-all when it comes to home insurance. Before you purchase a home insurance package it is important that you are aware of what is covered and what is not. Paragon Independent Insurance Agency which serves Plano, TX provides different home insurance package.

There are different homeowners insurance package, the most basic (HO-1), upgraded policy (HO-2), and the most complete (HO-3). The most complete home insurance policy covers for 16 different perils or disaster that may affect your home. Some of these perils include; theft, fire or lightning, falling object, explosions, volcanic eruption, damages from electrical currents generated artificially etc.

There are four main types of coverage that are included in the standard home insurance policy. Everything that is covered can be listed out in any of these four categories below;

1. Structure of the home: 

This is also called "dwelling", it is the part of the policy which covers physical damage which is done to the house itself, this would include any damage done to the walls, roof, floor or doors. Other structures which are not necessarily visible can also be covered under this policy.

2. Personal belongings:

This form of insurance covers the personal belongings of the policyholder regardless of where they are located in the world. It also extends to the belongings of others under two circumstances; firstly, if the property is located on the property of the policyholder, and secondly, the property of guests while the policyholder is around.

3. Liability:

This portion of the home insurance policy protects the policyholder, their family, and pets from lawsuits for property damage and bodily injury that they are to blame for. The insurance will be responsible for court costs and any awards that you are responsible to pay. This policy travels with you and your family members even to your neighbor’s house.

4. Additional living expense:

Also called ALE, this covers the cost incurred when staying elsewhere aside from your home because it is not livable. It covers costs such as hotel bills, restaurant, and other expense.

To find out more about Home insurance and what is covered, you can visit the website of Paragon Independent Insurance Agency which serves Plano, TX.