Business Owners Policy – Custom Insurance for Your Business

If you own a business, commercial insurance is of great importance to you. Each business is unique, having various vulnerable points or areas of threat, not only to the business owner but to employees and anyone else who is invested in your company. At Whiteside Insurance Agency LLC, we can go over all of the details of your business to find the coverage needed to keep your company going, despite the perils that threaten to put you out of business.
Here are the main facts you want to understand as you decide what type of Business Owners Policy your company needs:

BOP (Business Owners Policy)

The vast majority of businesses in Texas are considered small businesses. When you own a small business, there are many types of risks that constantly threaten to shut you down.
With a Business Owners Policy, you get to pick and choose the types of coverage you think will fit best for your company. It all gets packaged neatly into a policy that is custom made for your business. Whether you feel the need for protection from a data breach, professional liability, personal and advertising injury, rental vehicle coverage, or so many more options, we can help you find what you need to keep your business safe from specific perils.

Coverage Available in BOP

The main parts of your BOP will typically include the following types of coverage:

Commercial Property Insurance

With this coverage, your building, inventory, and equipment are protected from hazards such as fire, theft, vandalism, or collision with a vehicle.

General Liability Insurance

If someone gets injured on your premises or is hurt by you or one of your employees, this will cover their medical bills or any legal fees should a lawsuit be involved. It also covers damage caused by you or your employees to other property. So if a customer comes to the front desk and drops and breaks their cell phone when a hurried employee bumps into them, this insurance coverage will replace that cell phone.

Business Income Insurance

If you need to temporarily shut down your company, business income insurance will make it possible for you to continue paying your employees until things are up and running again.

Crime Insurance

Fraud, theft, and forgery are a big concern in most businesses. With this insurance, you can rest assured that these threats are not a concern to you.

Other coverage is available, call us for a customized solution.

A business owners policy may not be the best fit for every company, but for the majority of small businesses, it is a perfect choice. Give us a call to discuss the difference between a business owners policy, commercial liability insurance, or other coverages available to business owners. We have so many options available for the wide variety of our customers and their businesses. Whiteside Insurance strives to provide the ultimate satisfaction to our customers, so let our agents assist in putting together the perfect policy for you!

Homeowners Insurance Basics

Do you own a home in the Spicewood, Texas area? If so, Whiteside Insurance has friendly, knowledgeable agents who are ready to discuss homeowners insurance policies available to you. If you have ever wondered what is covered by the homeowners policy you purchase, here are some of the answers.

It’s a package deal

Homeowners insurance typically comes as a package policy. That means you get coverage that extends from property damage to your buildings, to liability for injuries caused to others by policyholders.
The four main parts of your policy usually include these types of coverage:

Structure

This coverage protects your home, and possibly other unattached structures on your property. Should your home suffer damage caused by smoke, vehicles, lightening, or vandalism, your policy would cover the cost of repair. Keep in mind that there are some perils that may not be covered, such as flooding, earthquakes, and normal wear and tear.

Belongings

If a thief breaks in and takes your electronics and sports equipment, your homeowners policy would cover the cost of your loss. This also extends to fire, smoke, and other disasters listed in your policy. But if you have extra valuable items, such as your vintage electric guitar, or your grandfather’s antique coin collection, you will want to be sure to purchase an extra floater or personal property endorsement. It is always wise to have those special items appraised to find their actual value.

Liability

Should you, one of your immediate family members, or even your dog cause bodily injury to someone else, your policy would cover the medical bills incurred. Liability should also cover the cost of damage you or a family member causes to someone else’s property, up to the limit of your policy.

Home Away From Home Expenses

If you should become homeless for a time, thanks to one of the disasters mentioned above, this part of your policy would cover the cost of a motel during your home renovation.
This is just some of the basic information to know about your policy. To discuss any other details or options available, just give us a call!

Do I Need Insurance For My Boat?

Texas has a great source of water for recreational boating. Besides the Gulf, there are well over 5,000 square miles of inland water to enjoy. If you are planning to head out for some fun and relaxing time on the water, you will want to be sure your boat is protected by the right coverage.
As a boat owner, what type of insurance do you need? Here at Whiteside Insurance, we will help you choose the right coverage for your specific boat.
The following options are some of the choices available to you as a boat owner:

Liability Coverage

Considering how often crashes involve other boaters or other people’s property, having a liability coverage is a must. Property damage covers the expense of damage done to another boat, dock, etc. Bodily injury liability covers medical expenses should someone else get hurt in a crash you are involved in.

Comprehensive Coverage

If you want to extend your coverage to include theft, vandalism or other damage not involving a crash, getting comprehensive coverage will be the best choice. Keep in mind, this is a good option to purchase year round, as these unfortunate events often happen during storage.

Collision Coverage

This will not cost you much at all, covering damage to your craft should you crash, but very little else. You will need to check with your agent to see if your policy covers the clean-up of wreckage.

If you live in the Spicewood, Texas area, Whiteside Insurance is here for you. Call us anytime to speak with an agent. We are glad to explain the types of policies available to you as a boat owner, and will help to find the right fit for your needs.

What Options Do I Have for RV Insurance?

Here at Whiteside Insurance Agency, we have the right policies available for whatever you need as an RV owner in the Spicewood, Texas area. If you are wondering what type of coverage your RV requires, here is a bit of information that should be helpful:

Basic Collision

Let’s say you have an older camper/RV, and you want to use it a few times a year for some camping trips nearby. If you want to spend the minimal amount on insurance, you will probably get by just fine with a Collision Policy. This should cover damage done to your vehicle due to any accidents you cause. This is not the type of policy you want if you own a newer model, or if you are still making payments on your RV.

Comprehensive Policy

With a Comprehensive Policy you will have more options as far as what you want to cover. This can replace your RV if it is stolen or vandalized. It can also cover damage caused by fire, fallen trees, etc. Depending on your budget, you can choose to include roadside assistance, towing, and even rental vehicles to use during repair time. Dealing with a stranded RV can be a daunting predicament, and these options are often well worth their cost.
There are more things we would be glad to discuss with you as you choose the coverage that works best for your needs. Be sure to ask about Bodily Injury coverage, how to protect your valuables, and how to best insure an RV that is used as your primary living quarters. There are so many different uses for recreational vehicles, and we are always available to help you find what is best for your specific circumstances. Give Whiteside Insurance Agency a call. We are here for you!

What Factors Will Affect My Car Insurance Rates?

You may have heard of the myth that red cars cost more to insure than other cars, but that myth has been officially busted. Would you like to learn about the real factors that affect the rates you pay on Auto Insurance? At Whiteside Insurance you will find agents with helpful advice. We want to work with you to keep your rates as low as possible.

So, while the type of car you drive can affect your insurance rates, the truth of the matter is…
You, yourself, are the biggest factor!
Yes, there is a lot about you that will influence what your rates will be. It all comes down to what type of people tend to get in the most accidents. Young, unmarried men will pay the highest amounts for auto insurance. If they keep a good driving record, and find the right spouse, they can just about cut those rates in half! The funny thing is, older men usually pay less, since elderly ladies have been proven to get into more minor accidents than the guys do.
Another factor will be where you chose to live. Quiet, rural towns have a much lower risk of vehicle damage and theft than busy, urban cities. Also, in the highly populated areas, there are often more unemployed and uninsured drivers out on the roads, which affects everyone else’s rates.
Are you a commuter? If your lifestyle includes putting many miles on your car, you will probably end up paying more than the person who leaves their vehicle in the garage while they use public transportation.
And, of course, your driving record makes the biggest difference in what your rates will be. The more incidents you have on record, the higher your costs.
So, even though you may end up paying more for a small sports car than for a medium sized SUV, regardless of the color… the truth of the matter is, if you keep a clean record and drive safely, that is your best bet for saving on your insurance premiums.

We cover a wide area around Spicewood, Texas including the Bee Cave area. Give Whiteside Insurance a call today to talk with a friendly agent, and discuss the best way to lower your rates.

Flood Insurance for the Spicewood, Texas Area

Are you aware that your regular homeowner’s policy does not cover the cost of flood damage? Your homeowner’s insurance may cover some damage due to rain, but only if it happens as the rain is actually falling from the sky. Any type of damage done once that rain hits the ground and begins to fill your house will need to be covered by flood insurance.
Texas does not require you to purchase a flood insurance policy, but often it will be required by your lender if you are taking out a mortgage in a high-risk area. Flood insurance can be a wise choice no matter where you live, given the statistics that prove one out of every five claims due to flood damage occur in low to moderate risk areas. One third of the federal disaster assistance due to flooding is received by those who live outside areas of high flood risk. Flooding is the number one natural disaster in the United States, as ninety percent of all natural disasters include flooding.

The agents at Whiteside Insurance are here for you, and we would be glad to discuss the options you have available. We will find the best policy for the coverage that fits your specific needs. There may be several options depending on if you need only your home and buildings covered, or if you are looking to protect your personal possessions as well. Give us a call, or stop in to discover what choices are available to you.

Why is Renters Insurance Important?

Renters often assume that their landlord’s insurance covers any damage that occurs to their possessions when tragedy strikes their home. That is not the case, so let’s talk about how renters insurance will protect your personal belongings.
If you are renting a home in the Spicewood and Bee Cave, Texas area, Whiteside Insurance is here to help you find the right coverage.
Renters insurance covers damage that happens due to many natural disasters, fire, lightning, theft, etc. One of the most common problems renters run into is water damage. Renters insurance will come to the rescue for you when your kid leaves the sink running, or when the neighbor above you has a toilet that overflows, leaving your ceiling all soaked. It can be helpful if you have a guest who is injured while staying with you, and you are found responsible for their medical bills. It can also cover your hotel if something happens to your home, leaving it uninhabitable for a time.
Ask Whiteside Insurance about adding a floater or endorsement to your renters policy if you own extra expensive items, such as jewelry, musical instruments, sports equipment, etc.
We are here for you, so give us a call to find a policy that will fit best for your needs.

The Benefits of Texas Renters Insurance

Many renters in Spicewood, TX aren’t aware that they can insure their personal belongings in the exact same way as a homeowner. Renters insurance from Whiteside Insurance Agency, LLC is available to almost any renter, regardless of the type of property you are renting, including mobile homes, apartments, single-family homes, and duplexes. Here are just a few of the benefits that come with buying renters insurance.

Medical Help for Injured Guests

One of the lesser known benefits of having renters insurance is that it provides medical coverage for your guests that may get injured while visiting you. For example, if your grandmother comes to visit and falls down the stairs because her shoe gets stuck on the carpet, your renter’s insurance may pay her doctor bills.

Coverage for Stolen, Lost, and/or Fire Damaged Belongings

Unfortunately, mishaps happen. Whether your rental unit is burglarized and your expensive belongings are stolen, such as the television and computer, or there is a fire that destroys everything you own, renters insurance can help replace your lost, stolen, or damaged items. It is important to take a complete inventory of everything you own to submit to the insurance company in case there is an accident or incident.

Assistance With Lawsuits

Another benefit of renters insurance that many renters aren’t aware of is that your rental insurance may provide assistance with lawsuits that may incur from something on the property. For example, if your dog bites the neighbor and they sue you, your attorney will help you fight or negotiate a settlement dependent on your renter’s insurance.
Just because you’re not a homeowner doesn’t mean you have to settle. Renter insurance helps protect you against the risks of theft, fire, and other damages as well as gives you the peace of mind that you’ll be able to replace your belongings. An important note to keep in mind is that renters insurance is fairly inexpensive and there are several things you can do to reduce the premium costs, such as having deadbolt locks and a kitchen fire extinguisher.
Renters in Spicewood, TX and the surrounding areas interested in learning more information about renters insurance should contact Whiteside Insurance Agency, LLC.