Who Pays for the Damage When Your Neighbor’s Tree Falls on Your House?

Like so many insurable situations, the answer is, it depends. There are many different scenarios where you would be liable to cover the damage and some where the responsibility would fall to your neighbor. If you are concerned that your home insurance policy does not provide an adequate amount of coverage, or there are gaps in coverage of damage from certain events, contact the team at Paragon Independent Insurance Agency. We are here to meet the insurance needs of our friends and neighbors in the greater Plano, TX and would welcome the opportunity to work with you too!

When a Tree Falls…

There a few different scenarios when a fallen tree can cause damage to your home:

  • Lightning strike
  • Windstorm
  • A diseased or dead tree is uprooted
  • A mishap occurs during tree removal

If your tree or one that is rooted in your neighbor’s yard is uprooting during a storm or other natural disaster, the insurance policy of the owner of the damaged property will likely cover the event. If the uprooted tree that causes damage that is a result of human error, the owner of the tree will be responsible. For example, if you have a dead or dying tree in your yard and neglect to have it removed, you will be responsible for any damage that it causes. Or if your neighbor’s tree falls onto your house during a storm, you will also be responsible.

Are you concerned about tree damage occurring to your home, or do you want to make sure that your home policy will provide coverage for damage caused to your home by acts of nature? Call or stop by Paragon Independent Insurance Agency today to make sure that your Plano, TX area home has the protection it needs!

Should I Get Home Insurance?

Buying a home is likely the biggest purchase you will ever make. Since your property will be an extremely valuable asset the rest of your life, you need to make sure that you are properly protected in the event it is damaged or destroyed by an unforeseen casualty. One of the best ways to do this is by purchasing a quality home insurance policy. There are several reasons why you should get a home insurance policy before buying a property.

Protects Your Valuable Assets

The most important reason why you need to have a home insurance policy in place is that it will protect your valuable asset. Nothing could be more devastating than losing your home or personal assets due to a fire, weather, or other calamities. While this will be stressful and devastating, home insurance will at least be able to ensure you are able to replace these items.

Liability Coverage

You are also taking on a lot of liability whenever you have someone that comes to your home. Due to the risks that are present with this type of liability, you should look for ways to mitigate the concern. When you have a home insurance policy in place, you will be able to mitigate this concern through the use of a liability insurance coverage policy. This will ensure you have financial and professional support in the event you are sued by someone that was injured in your home.

When you are looking to buy a home in the Plano, TX area, you should make sure to spend time with the Paragon Independent Insurance Agency to discuss your home insurance needs. The Paragon Independent Insurance Agency will be able to carefully assess your personal situation and review information about your property to make sure you get the right policy for your personal situation. 

Do Not Let Your Home Insurance Lapse in 2018

There are many things we all forget in day to day life. Sometimes forgetting something has farther reaching consequences than just having to run back to the store for a gallon of milk. For example allowing a home insurance lapse can mean leaving your biggest asset unprotected, but don’t fret because Paragon Independent Insurance Agency protects homes in and around Plano, TX and a solution can be found after a lapse.  

The first thing you should do if you discover that your insurance lapsed for any reason is call your insurance agent and find out how to fix the situation. Depending on the cause of the cancellation, it may be very simple to reinstate coverage. It is important to keep coverage on your home because you never know when disaster can strike and your home base should always be safe. 

Possible Causes of a Home Insurance Lapse in Coverage

  • The most common cause is forgetting to make payments each month, this can often be remedied by making the payment as soon as you remember and contacting your agent. 

  • Changes to your property that are not covered by your current insurance policy. To fix this contact your agent and discuss changes that need to be made to your policy that reflect the changes to the property. 

  • Misrepresentation or even fraud are sometimes the cause of cancellation, in these cases, the client typically is not interested in reinstatement. 

If it is time to renew your current home insurance, if you have a lapse, or if you are purchasing home insurance for the first time, contact Paragon Independent Insurance Agency. We protect homes in Plano, TX and the surrounding areas. 

 

 

Reasons a Home Insurance Claim Can Be Denied

The main purpose of home insurance is to pay for losses when a disaster strikes, thereby helping the residents of Plano, TX and the surrounding areas recover from such risks. But you’ll find quite a number who have complaints about their claims being denied. Sometimes it’s difficult to understand how home insurance works and what it covers. Talk to an agent at Paragon Independent Insurance Agency to help you understand what is or what isn’t covered by your policy. Before you judge the insurance companies, here are some of the reasons your home insurance claim can be denied:
 
Property’s Condition: The insurance company can use PropertyPredictR to estimate the risk for claims. Damages caused due to the poor condition of the home such as poor maintenance are not covered.
 
Exclusion Clause: Insurance policies have exclusions clauses that show what the insurance company won’t cover. Such exclusions include flood and earthquakes. You need an additional policy to cover such risks.
 
Insufficient Coverage: Home insurance covers your risks but to a certain extent, so before you make a claim, make sure it’s within the coverage limit. If you make a higher claim, then the whole claim may be denied.
 
Covered risks: Not all perils are covered by home insurance. This is a common misconception about home insurance; therefore, understand what risks are covered in your policy before making a claim.
 
False Information: If you have given false or exaggerated information in your application, your claim could be denied. Plus, you might get sued.
 
Negligence: If an accident is caused due to negligence, the insurance company may deny your claim. 
 
Make sure you pay your premiums on time, maintain your property to minimize risks, and have enough coverage. At Paragon Independent Insurance Agency, we offer affordable and reliable home insurance policies for your Plano, TX home. For any questions, contact us today.

5 Home Maintenance Tips for Spring

Winter is finally at an end, and the warm air of spring is in the air.  Spring is here in the Plano, TX area, and it’s time to do those spring maintenance chores.  Here are 5 tips to help get you going on your home’s maintenance.

  • Examine your roof shingles for any damage over the winter.  Look for shingles that are cracked, loose, buckled, or missing granules because they will need to be replaced.  Check the flashing around skylights, chimneys, and plumbing vents.
  • Test the wood trim around the outside of windows, railings, doors, and decks with a screwdriver or other similar tool for damage or rotting and repair any areas before the spring rains lead to more damage.
  • Clean the rain gutters of debris from the winter and check for leaks or damage that can prevent proper drainage. Make sure drain spouts are clean and direct water away from the home’s foundation.
  • Check the chimney’s exterior for any signs of visible damage and have the flue cleaned.  It’s best to it inspected by a certified chimney sweep to ensure proper working order and storage for the warm months ahead.
  • Check the outside water faucets to make sure there was no freeze damage.  By turning the water on and putting a thumb or finger over the opening to check the water flow.  If you can stop the water flow, it’s likely that a pipe is damaged inside the home.  Check your water hoses for dry rot before connecting them for use.

Paragon Independent Insurance Agency

Paragon Independent Insurance Agency has been providing insurance in the Plano, TX area for over 23 years.  The Paragon Independent Insurance Agency agents care about your home and want to help make sure your home is adequately covered.  Contact a Paragon Independent Insurance Agency agent today to get started.

What to Know about Having a Pool and Home Insurance

There are many things that can affect home insurance costs, but one of the main things that is important to speak with an agent at Paragon Independent Insurance Agency serving Plano, TX about is having a pool.

Typically, your home insurance will cover your in-ground pool, but there will be a fee added to your premium. It’s important to know if your homeowner policy considers the pool part of the home itself or if it’s part of any extraneous structures like a tool shed. It will either affect replacement cost value or your personal property limit, depending on what category it is in. Usually, in-ground pools aren’t damaged and claims aren’t common.

Above ground pools are usually considered personal property because they are considered portable. These are more susceptible to damage, so speak with your agent about how much is covered and if you would need to purchase additional coverage.

Having a pool affects your liability protection. Pools are considered an “attractive nuisance,” and the owner of the pool is responsible, whether or not others had permission to use the pool. Standard amounts of liability protection may not be enough, and many agents recommend that those with a pool purchase as much as $500,000 of coverage. If someone were to drown in your pool, a lawsuit could definitely exceed the normal $100,000 of protection. You can either increase your liability or have a separate umbrella policy.

If your pool has a slide or diving board, they may be excluded from the policy because these pose a great risk for injury and more medical expenses. It’s necessary to keep up with the maintenance of the pool. If the damage is due to neglect, you may be denied coverage.

Contact an agent at Paragon Independent Insurance Agency serving Plano, TX to get a quote on homeowner’s insurance. 

Are my shed and other yard property covered on my homeowners policy?

If you own a home in Plano, TX, you may already have a homeowners insurance policy through the Paragon Independent Insurance Agency. If you do, you may have some questions about what specifically is covered under your policy. 

Of course, your physical home and personal items are covered, including furniture, clothing, appliances and many other possessions. Your attached garage will likewise be covered, as will other property inside it, up to certain limits. But what about the property which is not physically enclosed by your house? 

Sheds or other structures on your property will almost certainly be covered by your homeowner’s policy. You can add an outdoor storage space to keep sports or lawn care equipment, and it will be protected against losses the same as the property inside your home. Fencing is another kind of property homeowners insurance will cover. 

However, it is important to let your real estate agent know the details of these structures, including how much they are worth. Just as you need to make an inventory of your other items in your home like your television and other valuables, you will need to make sure your agent knows about these.

You will also want to make sure that this other property is insured up to its full value, as there are limits on any policy. The amount you can recover for other structures may be limited, but the best way to find out for sure is to read your policy and talk to your agent. 

If you have any questions or would like to purchase a policy to protect your home in Plano, TX, feel free to contact the Paragon Independent Insurance Agency today. 

Decorating Your Home With Safety in Mind

At Paragon Independent Insurance Agencies, we serve Plano, TX and the surrounding region to provide a solution for auto, home and business insurance. Our agents not only help you find a policy suited to your specific needs, our agents also assist in keeping you safe on the road and in your home. A few simple tips can protect your home and your family.  

1. Keep Open Paths

Make sure you keep open spaces throughout all areas of your home, so you’re able to move around and escaped in the event of a fire or other emergency. You want to eliminate any possible issues that could slow down the ability of you and your family to get out of your home. Leave space in between your furniture, so you’re able to move around it without any hesitation.  

2. Declutter

Clutter isn’t just unsightly. It’s a huge fire hazard, especially if you have clutter near registers or heaters. Keep in mind, if you have rooms filled with your possessions, especially if it’s stacked, and your home should happen to catch flame, rooms filled with clutter burn quicker and typically hotter. 

3. Fireplace Decorating

While fireplaces provide your home with warmth and give the room a certain ambiance, they’re also fire hazards. When you decorate the mantel, always make sure anything you place there is sturdy and won’t move. Avoid draping anything from the mantel. 

4. Pet and Baby Proof

It’s important to keep candles where kids and pets can’t reach. Always use plug protectors to avoid your child sticking anything in them. 

To learn more ways to decorate your home with safety in mind or to receive a quote for homeowner’s insurance to further protect your home, contact Paragon Independent Insurance Agencies, serving Plano, TX and the surrounding region, by calling 972-473-4813. 

Is My Pool Covered under My Homeowner’s Insurance Policy?

The standard homeowner’s insurance policy provided by Paragon Independent Insurance Agency in Plano, TX will cover any loss resulting from lightning, fire, hail, wind, theft, riot, smoke damage, explosion and vandalism. 

In most cases, damage that occurs to in-ground pools, which consists of cracking due to the movement of the ground or maintenance issues, will not be covered by a typical homeowner’s policy. 

The Problem of Damaged Pools 

The summer in Texas is often dry and hot. As a result, more and more pools are suffering cracks because of the movement of the ground. This can lead to serious issues for homeowners. Unfortunately, if a traditional homeowner’s policy has been purchased, these issues such as these are not going to be covered, which leaves the homeowner have to pay out of pocket for the necessary repairs.

Are Any Damages or Issues Covered?  

There is a silver-lining. If the damage to the pool occurred due to frozen pipes, vandalism, theft or lightning, then they will be covered by the majority of home insurance policies. It is important to determine the cause of the damage to know whether or not the insurance policy will cover it. 

Contact the Insurance Company 

Whenever a homeowner notices any type of damage to their home or anything on their property, they should contact their insurance company to file a claim right away. An adjuster will come to the property to take photos and write a report about what the issue is. If the damage is covered according to the terms of the policy, then a homeowner will receive a check. If not, they will have to reconsider their policy to determine if changes need to be made to prevent issues down the road. 

More information about what is and is not covered by a homeowner’s insurance policy can be found by contacting the staff of Paragon Independent Insurance Agency serving Plano, TX. 

 

Do Home Insurance Policies Cover Firearms?

As firearms are considered personal property, they’re generally covered by standard home insurance, up to the limits of your property coverage. If you have a valuable collection of guns, this limit may not be enough. At Paragon Independent Insurance Agency, we encourage you to consider the following aspects when insuring firearms in your home:

Replacement Cost

Expensive firearms or gun collections can be costly to replace. If they’re stolen, damaged or lost, property limits on your home insurance may be insufficient to cover replacement costs. This leaves you responsible for paying the remainder of their value, after subtracting your deductible. By taking out an insurance rider on expensive firearms, you stand a better chance of recuperating their loss.

Liability Coverage

If a visitor suffers injuries due to a firearm accident on your Plano, TX property, your liability insurance will cover medical costs up to the limits of your policy. Many home policies have a liability limit of $100,000 for firearm injuries, which may fall short if injuries are severe or result in death.  

It’s also important to note that liability coverage only protects visitors from firearm accidents in your home; it won’t cover you or members of your household. If you or a member of your household gets hurt in a firearm accident on your property, you or your household member will be responsible for medical costs.

Intentional firearm shootings that cause injuries or death on your property are NOT covered under your liability coverage.

Supplemental Insurance

Supplemental gun insurance can protect you against firearm accidents where medical costs extend beyond the limits of your home insurance policy. You can obtain supplemental liability coverage for as much as $1,000,000 or more.

To learn more about firearm protection under home insurance policies, talk to one of our agents at Paragon Independent Insurance Agency, Plano, TX.