It is Time to Get that Boat In the Water and Out of Storage.
Spring is a good time to get your Boat Insurance Policy Activated.
Call us at 830-693-8881 so we can help you insure your boat.
4 Reasons Why Umbrella Insurance is a Must
Like its name suggests, umbrella insurance provides overarching coverage and protection above and beyond a basic liability insurance policy. Whiteside Insurance Agency, LLC, located in Spicewood, TX, offers the following five reasons why you should consider umbrella insurance today.
1. It protects you from the unexpected
You might wonder why you need umbrella insurance to protect you from unexpected occurrences when you already have insurance. With umbrella insurance, you have access to more coverage than a claim against your basic insurance.
2. It helps you prepare for tragedy
No one expects an accident to happen. This is why they are called “accidents.” Unfortunately, numerous tragic accidents occur each day across the United States. If you are found to be responsible for such an accident, an umbrella insurance policy can give you peace of mind.
3. It goes above and beyond your liability insurance
Nearly all basic liability insurance policies — whether they are for your home or your vehicle — have a limit that they will pay up to in damages. If the event that you’re responsible for costs more than that amount, you’ll likely be sued for the difference. Umbrella insurance can begin to pay once your basic liability insurance has paid out its maximum amount.
4. It can pay for an attorney
If you are sued by someone to get the money to pay for a tragedy that you’ve allegedly caused, your umbrella insurance can pay for your attorney. This is true even if you aren’t found to be responsible for the accident when it goes to trial.
At Whiteside Insurance Agency, LLC, we provide the residents of Spicewood, TX and the surrounding areas with a variety of solutions for their insurance needs. Contact us today and learn how umbrella insurance can protect you, your home, your vehicle, and everything you’ve worked so hard to build from damages and dangers.
When is Flood Insurance Required in Texas?
It’s hard to watch the news during the wet season without seeing signs of flooding and subsequent property destruction. Insurance is the only way to protect your belongings in the event of a flood. One of the main things to remember is that flood insurance isn’t included in your regular homeowner’s policy. If you live in a flood zone, you are required to carry flood insurance, but there are lots of times you’ll want it even if it isn’t required. Check out the following information from Whiteside Insurance Agency, LLC in Spicewood, TX.
Texas Flood Insurance Laws
To protect your home and belongings from losses due to floods, you have to get separate flood insurance policy. For properties in a flood hazard area, lenders require flood insurance. FEMA has maps available to show where these hazard areas are located. The National Flood Insurance Program provides most flood insurance policies. Although, some private insurers sell flood insurance.
To purchase an NFIP flood policy in Spicewood, TX, call Whiteside Insurance Agency to help determine if your home is in a flood zone. Even if you don’t live in a hazard zone, buying flood insurance can give you peace of mind with an ever-changing environment. A large percentage of flood claims happen outside of a flood zone. Call Whiteside Insurance Agency, LLC to purchase flood insurance in Spicewood, TX.
Additional Requirements
If you have constructed, remodeled, or enlarged your property after September 1, 2009, and any part of your lot is in a flood zone defined by NFIP, you are required to purchase flood insurance. The requirement is relaxed only if no flood coverage is available in your area. Repair includes reconstruction or restoration of a deteriorating building on your property.
Final Word
Ask your Whiteside Insurance Agency, LLC agent if flood insurance can protect your Spicewood, TX home. Call today to set up an appointment for a quote.
Are You Too Young For Life Insurance?
When is it time to call Whiteside Insurance Agency LLC and start talking about a life insurance policy? The truth is it has less to do with your age and with your health than with the people who are dependent upon you.
In a sense, that’s really how we map out the timeline of our lives, isn’t it? If you’re an unmarried thirty five year old guy with no kids, you’re still considered, in many ways, a young man. But if you’re a forty year old man with a grandchild, you are quite literally a grandpa.
So when you’re considering buying a life insurance policy, you should spend less time worrying about your age and more time thinking about your family. A ninety year old whose kids are all making six figures a year doesn’t have much reason to worry about life insurance. But suppose you’re a fifty year old whose Spicewood, TX auto repair shop is thriving, but your children are still in their teens and twenties, still dependent on you to some extent or another. Then you want to think about what you’re going to leave for them should something happen to you.
So it’s less about how old you are and more about who relies on you, and what their options would be if you weren’t here. Life insurance is a just-in-case plan for when the people who need your help are left to their own devices. Whiteside Insurance Agency LLC can help you to determine what plan suits you best, no matter how old you are or how many dependents you have to be concerned for.
When Tragedy Strikes: What You Need to Know About Business Interruption Coverage
Living in Spicewood, TX means being ready for natural disasters such as tornadoes and other weather-related incidents. Contacting your local agent at Whiteside Insurance Agency, LLC is the best way to come to the battle prepared with business interruption coverage.
What is business interruption coverage?
Business interruption coverage is an additional stipulation in your commercial insurance policy that guarantees the revenue that your company would have made were it not closed due to damages caused by natural disasters such as fires or hurricanes.
The add-on comes with numerous benefits that include financial security while you work to restore regular business hours and operations. Business interruption coverage saves you from paying out of your company or personal savings to keep the business afloat when it cannot substantiate cash flow for itself. You may consider the coverage plan as the bank account with additional funds of which you were not aware until it mattered.
How does one obtain coverage?
Business interruption coverage is not a benefit sold on its own. You will need to add the product to an existing policy to reap all of its advantages during crises.
The cost of a business interruption plan varies by insurance company and area. You can expect to pay substantially more in areas where the probability of devastation caused by disasters is higher than in other parts of the country. Still, even with higher premiums, the investment is worth it. You would much rather be over-prepared when tragedy strikes than scrambling to come up with funds to keep the business going when the structure is destroyed.
Business interruption coverage is an additional expense that should be included in every firm owner’s budget. Whiteside Insurance Agency, LLC can help you determine the right level of commercial indemnity to fit your company’s needs. Call us today to schedule a consultation!
Insurance Strangers
Are you doing business with people who know you?
Whiteside Insurance Agency wants to know each and every client. Please give us a call and let us get to know you!
Lake Marble Falls
I would like to invite you Wade Whiteside’s YouTube Channel from time to time by clicking here. This is a video that Wade Whiteside filmed back in July 2017. We invite you to watch and relax. It features a great view of the Colorado River in Marble Falls, TX with the Highway 281 Bridge as the centerpiece of the video.
Insurance Consumer Bill of Rights
Have you ever wondered what your right are as an Insurance Customer. Texas Department of Insurance Spells out the Consumer Bill of Rights on their website: