Getting your home ready for winter

Shorter days and cooler nights are a sure sign winter is on the way. Your home is the biggest investment you will likely ever make and making sure it is ready for winter can make it safer and also save you money when it comes to keeping your home warm. Having an independent insurance agent who you can trust makes homeownership less stressful. In Plano, TX,  Paragon Independent Insurance Agency have the philosophy that the customer’s needs always come first. 

Have chimney checked

Before you decide a fire in the fireplace would be a nice idea it is always good to have your chimney checked and cleaned. Chimney fires can be very damaging and are easily avoided with some basic maintenance. 

Furnace cleaning

In order to get the most efficiency out of your furnace, it is vital that you have it serviced every year. It needs to be cleaned and filters changed. You will be glad you took the time to do it when you get your fuel bills. 

Clean the gutter

In the fall most trees lose their leaves. Those leaves not only fall on the ground, but they also fall on your roof and into your gutters. The gutters can become clogged and the water will not go into the downspouts. It can cause serious damage to your roof and also to your ceilings. 

Seal the leaks

A little caulk and some weatherstripping can seal up any leaks you have around your windows and doors.

At Paragon Independent Insurance Agency in Plano, TX, we have been serving residents for over 17 years.  With more than 50 years of experience, we have the knowledge you are looking for in an insurance agency. If you are ready to discuss your home insurance needs, stop in to our office or give us a call for a no-obligation quote. 

When is home insurance a requirement?

The biggest asset that a lot of people will ever own is their home. Those that purchase a property can see significant equity growth over time as they pay down their mortgage and see their property slowly increase in value. If you are going to purchase a home in the Plano, TX area, you will want to ensure this investment is protected with home insurance. There are several reasons why having this insurance could also be a requirement for you.

Insurance is a Lender Requirement

Most people that buy a home in the Plano area will take out a mortgage so they can finance the purchase of it. If you do this, it will likely allow you to purchase a larger and more expensive home. However, you will have some obligations that need to be met. One task that you will need to do consistently will be to get proper insurance for it. The lender will likely review your insurance, approve it and then even escrow your monthly payments.

When in a Home Association

Another common situation when people in Texas will need to get home insurance will come when they live in a home association. Property associations are very common, particularly for those that live in newer communities that offer local amenities. If you do live in one of these communities, you will have insurance obligations. Most of the time, you will have to provide evidence of coverage at least once per year.

There are plenty of reasons why you should get insurance for your home. Even if it is not required, those that are in the Plano, TX area should speak with the Paragon Independent Insurance Agency about their needs. Paragon Independent Insurance Agency can help you build a policy that will provide necessary coverage. 

Is there anything that my homeowners insurance doesn’t cover?

Few would argue the benefits of homeowner’s insurance. This insurance has the ability to create peace of mind and make issues with your home more financially manageable. homeowner’s insurance can cover property damage, your personal belongings, and injuries to others, to name a few. Paragon Independent Insurance Agency of Plano TX is dedicated to helping you navigate homeowner’s insurance.

Homeowner’s Insurance Covers A lot But…
Although homeowners insurance covers many things…few of us understand that this insurance doesn’t cover everything. There are specific situations and circumstances that aren’t covered under homeowner’s insurance. As a homeowner, it pays to find out what’s not covered. Most of us understand that many things are covered under homeowner’s insurance and this creates peace of mind for many homeowners. If someone is injured on your property, homeowner’s insurance can cover medical bills. In addition, if your personal belongings are damaged, homeowner’s insurance can cover this too. 

What’s Not Covered…
Unfortunately…there are certain things that aren’t covered under most homeowner’s policies. Some of the things that aren’t covered are associated with the natural aging process of a home in addition to other common issues many homeowners experiences. Damage to your home caused by termites, birds, rodents, and insects aren’t covered under homeowners insurance. Also, mold, rust, rot, and other forms of wear and tear brought on by the age of a home aren’t covered either. Defective or poorly made aspects of your home aren’t usually covered under homeowner’s insurance. If you experience issues like these with your home there is a chance that your homeowners’ insurance policy won’t cover these kinds of issues. Our agents at Paragon Independent Insurance Agency of Plano, TX are dedicated to helping you understand homeowner’s insurance and understand what’s covered and what isn’t.

What are the benefits of getting home insurance in Texas?

The Plano, TX area is a very popular area for people to move to. This area is located near the city of Dallas and offers a lot of opportunities, which also makes it a great housing market. If you are going to purchase a home here, you do need to make sure that you are covering and protecting it as well as possible. One great way that you can do this is by getting a home insurance policy as it offers a range of benefits to policyholders. 

Gives Valuable Insurance Protection

One reason that you should get this insurance is that it can give you great protection. Home insurance has a variety of benefits including protection for your dwelling, coverage for your personal assets, and even liability protection. All of these could help to protect you and your investment in your home.

Ensures Compliance

You should also get a home insurance policy because it can help to ensure you remain in compliance with a variety of agreements. Anyone that lives in a home association or has taken out a mortgage will have home insurance obligations. Getting into a policy will help to ensure you meet these requirements. 

There are many reasons that someone in the Plano, TX area will want to get a home insurance policy. While there are a lot of benefits that come with this form of insurance, picking the right policy can seem confusing and challenging. When you are looking to get a home insurance policy here, it could be a great option to call the team at Paragon Independent Insurance Agency. The insurance team at Paragon Independent Insurance Agency can help you assess your home insurance needs and get you into the right policy for your situation.

Is It Time to Update Your Home Insurance?

Many homeowners purchase home insurance and automatically renew it annually without reviewing their policy. Over time, however, changes to your home or lifestyle may alter your coverage, making it less effective in protecting your Plano, TX property. At Paragon Independent Insurance Agency, we recommend reviewing your home insurance annually to see if you need to update your coverage. Here are a few reasons why it may be time to update or upgrade your policy.

Home Renovations

Major home renovations like kitchen or bathroom remodeling can increase the value of your Plano TX home. If you insured your home for a certain amount years ago, your coverage may now be insufficient to rebuild your home at its current value. You can, however, increase the dwelling coverage by upgrading your policy. This ensures you’re protecting your home for its full value after remodeling. You’ll also need to add these renovations to your policy so they’ll be protected within your dwelling coverage.

Home improvements that enhance the safety or security of your home, such as new plumbing, electrical, or security system, may qualify you for a discount on your home insurance. To receive this discount, you’ll need to update your policy.

Lifestyle Changes

If you retired after purchasing your original home insurance and installed a new pool or home gym to stay fit, you may need to raise the limits of your property coverage to protect these items. If you plan to have friends or family over for a swim, you may need extra liability insurance to protect you against pool accidents. If you adopt a dog, you’ll need protection against the risk of your pet biting a visitor on your property.  

For optimal home insurance protection, contact Paragon Independent Insurance Agency to update your policy.

How Home Insurance Safeguards Your Biggest Investment

There is no shortage of reasons to have a home insurance policy. However, it’s important for all homeowners to choose the right coverage that protects their property. Your home is your castle and you need to safeguard your biggest investment. The office of Paragon Independent Insurance Agency in Plano, TX can help to prepare for the unexpected with the right home insurance policy. To achieve this, several factors will come into play.

How Much Home Insurance is Needed?

The biggest concern for homeowners is how much insurance is needed to protect their biggest investment. Unfortunately, a large number of homes in the United States are under-insured. Ideally, you want enough coverage to protect your home and your possessions inside. The policy itself should cover against potential financial losses or damage from fire, severe weather, or theft. Home insurance should repair or rebuild the structure and replace all of the items damaged or stolen.

Dwelling Coverage in Home Insurance

In most home insurance policies, dwelling coverage is a very important part of the entire package. This specific coverage pays for all repairs or the rebuild of the home and the attached (garage, deck or porch) structures that were damaged by fire, vandalism, or natural disaster. The final cost would be dependent upon the condition of the home and other factors.

Liability Coverage in Home Insurance

It’s strongly recommended to have some form of liability coverage on your home insurance policy. It will come in very handy when a person is injured on your property or inside the home. Liability coverage is designed to protect your financial interest in case of a lawsuit filed by the injured party. It pays for legal fees, medical fees, and lost wages for the injured person if they have missed any time from their work. Liability coverage could also be extended to cover accidents that place away from your home.

If you’re in the market to safeguard your biggest investment, then contact the insurance professionals at Paragon Independent Insurance Agency in Plano, TX. They can design a wide range of customized home insurance coverage options, so you can tailor a policy that fits your immediate and long-term needs. 

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.