3 Reasons to Put a Fence Around Your Commercial Property

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As a business owner, you are responsible for ensuring your commercial property is safe, and your employees have a conducive working environment. If you own a larger property that isn’t shared with another business, there are three reasons to consider installing a fence around it.

1. Enhancing Safety

One of the primary benefits of adding a fence to your commercial property is its enhanced safety. A commercial fence can deter unwanted guests, thereby ensuring the safety of your employees. From a liability standpoint, this also reduces the chances of accidents or injuries on your property as you can manage who’s coming in and out of the area.

2. Protecting Privacy

A fence can help keep your operations secure and private. A privacy fence protecting your area could deter burglars looking for an easy target. It also prevents competitors from observing your operations, offering you competitive privacy. Additionally, it secures any equipment and products stored on-site, reducing the risk of theft.

3. Improving Aesthetics

Maintaining a neat and clean commercial property is beneficial for any business owner. A commercial fence clearly establishes boundaries and signals to the public that the area is associated with your business. It also enhances the property’s appearance, making it look cleaner and more maintained. Businesses that maintain aesthetically pleasing properties are likely to attract more customers as they appear responsible and accountable.

If you’re a business owner in the Coppell, TX area or surrounding communities, feel free to reach out to The Select Insurance Agency. Our team is happy to help you establish a quote for your commercial insurance needs.

Workers’ Compensation and Mental Health: What’s Covered and Why It Matters

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Navigating the complexities of workers’ compensation, especially when it comes to mental health, can be challenging. At The Select Insurance Agency in Coppell, TX, we believe understanding these aspects is crucial for both employers and employees.

Deciphering Texas Workers’ Compensation Coverage

Workers’ compensation is designed to support employees who suffer work-related injuries or illnesses financially. While traditionally focused on physical injuries, mental health conditions such as stress, anxiety, and depression are increasingly recognized as significant factors affecting workplace productivity and employee well-being.

The Importance of Mental Health in Texas

Mental health issues can stem from various work-related situations, including excessive stress, workplace harassment, or traumatic events experienced on the job. Recognizing these as legitimate claims ensures a healthier work environment and promotes recovery. When employees feel supported, they are more likely to return to work sooner, benefiting both the individual and the company.

Understanding Coverage

Coverage for mental health under workers’ compensation varies by state, but generally, it requires proof that the mental health condition is directly related to work. This might involve demonstrating that the work environment significantly contributed to the condition. Both employers and employees must meticulously document incidents to support any claims. Clear communication between all parties can greatly aid in the process, ensuring a smoother and more effective claims experience.

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Employers should foster a supportive work environment and encourage open discussions about mental health. Providing resources and training can help identify potential issues before they escalate. If you have questions or need guidance on workers’ compensation and mental health coverage, contact The Select Insurance Agency, serving the area around Coppell, TX. We’re here to help you navigate these complex issues with confidence.

What Kind of Collectibles Does Toy Insurance Cover?

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Do you have a collection of items such as Barbie dolls, Teenage Mutant Ninja Turtles, or vintage comic books in Coppell, TX? If so, you could be sitting on a treasure chest worth thousands of dollars. Yet, many people fail to assess the value of their collectibles until adversity strikes appropriately. The Select Insurance Agency can guide you on how best to protect your valuable possessions.

Collectible Insurance: Protecting More Than Just Toys

Collectible insurance covers an extensive range of items. This includes all varieties of toys, dolls, train sets, collectibles and comic books, sports memorabilia, military items and medals, stamps, coins, and vintage cameras. Essentially, any vintage item with monetary worth qualifies. Other typically insured items under a collectible policy include fine art, furs, wines, rugs, and tapestries. In summary, if an item forms part of a collection, it’s likely to be covered under collectors’ insurance.

How Does This Policy Protect My Toys?

Policies tailored to toys and other collectibles provide coverage in a wide assortment of scenarios. Each policy provider offers varying degrees of coverage, but some common elements exist. Most policies will safeguard your toys regardless of whether you’re at home or traveling. Typical situations that would be covered include:

  • Travel – Protection for your collectibles when you’re away from home
  • Exhibitions – If you’re at a covered event, your collectibles will be insured up to the specified limit
  • Storage – Coverage for when your items are stored in an offsite public storage facility
  • Natural disasters – Covers damage resulting from storms and similar events
  • Burglary and theft – Protection from theft perpetrated by burglars

For residents of Coppell, TX, with extensive collections of toys and other valuable items, we at The Select Insurance Agency can assist you in determining your coverage requirements. Contact us today to initiate a quote and discover your toy insurance options.

Understanding Policy Limits for RV Insurance

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RV insurance is crucial for safeguarding your recreational vehicle, be it a motorhome, camper, or travel trailer. Much like other forms of insurance in Coppell, TX, RV policies include limitations that stipulate the maximum payment your insurance provider will cover in the event of a claim. Comprehending these policy limits is vital to making sure you have sufficient protection in case of an accident, damage, or loss.

Different Types of RV Insurance Policy Limits

RV insurance typically encompasses a variety of coverage types, each with their own policy limits. For instance, liability coverage safeguards you if you’re liable for causing injury or property damage to others. The policy limit refers to the maximum sum your insurance provider will cover per incident or accident. If the damages exceed this limit, you’ll be liable for the remaining amount. These costs can escalate quickly if you’re underinsured.

Similarly, comprehensive and collision coverage, which shields against non-collision and collision-related damages to your RV, also has limitations. The insurer will only cover costs up to the limit specified in your policy, less any deductible. If your RV sustains significant damage or is totaled, the policy limit will dictate the insurer’s payout, conceivably up to the RV’s actual cash value.

Why Policy Limits Are Important

Selecting the proper policy limits for your RV insurance is crucial to your financial protection. Lower limits could leave you facing significant unplanned and upfront bills if the claim filed exceeds coverage limits. On the flip side, higher limits typically inflate your premiums but offer better security and peace of mind.

Choose The Select Insurance Agency For a Better Understanding of Insurance

The Select Insurance Agency provides comprehensive information regarding insurance policies. We serve locations in and near Coppell, TX. Contact us today.

What are the Age Restrictions for Driving in Texas?

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What You Need to Know About Auto Insurance Age Limits in Texas

Driving through the highways and paths of Coppell, TX, is an exciting journey; however, the state places several restrictions on the age of individuals before they can traverse the open road.

Drivers Under 18

Teenagers can start their required driver’s education course as early as 14 but cannot apply for a learner’s license until they are at least 15.

Drivers Aged 18 and Over

Texas residents aged 18 or older can apply for a driver’s license with the proper documentation. The license stands valid for at least eight years. For those aged 18 to 24, the Impact Texas Driver test and the Driver Education course must be completed, but only if the individuals are not already licensed.

Motorcycle Licenses for Ages 15 to 17

The application for a license starts at age 15, but there’s a stipulation about engine size up to 250cc until the applicant turns 16. Unless you already have a Class C Learner’s License, the 32-hour classroom driver’s education course and a riding skills test must be passed. A guardian or parent must accompany a minor when applying.

Senior Drivers

Seniors aged 79 to 84 can attain a license that’s valid for six years, and seniors 85 or older get a license that lasts for two years.

Contact The Select Insurance Agency for Coverage

Are you in need of age-based auto insurance in Coppell, TX? Give a call to our helpful team at The Select Insurance Agency. Our dedicated members can guide you through the requirements as necessary.

What Types of House Fire Causes Are Covered Under Your Home’s Insurance Policy?

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Understanding the Causes of House Fires and Insurance Coverage

House fires are a homeowner’s worst nightmare, and knowing what fire causes are covered under your home insurance policy provides peace of mind. At The Select Insurance Agency in Coppell, TX, we consistently help our clients understand these details to ensure they’re adequately secured. Let’s explore the common causes of house fires and how your insurance could provide coverage.

What Triggers House Fires?

Electrical issues, kitchen accidents, heating equipment failures, and smoking incidents commonly cause house fires. Electrical fires could stem from faulty wiring, overloaded outlets, or malfunctioning appliances. Kitchen fires often originate from unattended cooking or grease fires. Fires can also start due to heating equipment, like space heaters placed too close to flammable materials. Smoking-related fires usually occur when cigarettes aren’t correctly extinguished.

Coverage for Electrical and Kitchen Fires

Most standard home insurance policies cover damages caused by electrical and kitchen fires. This accounts for fires resulting from faulty wiring, short circuits, or defective appliances. Whether the fire was caused by an unmonitored stove or an accidental grease flare-up, your policy generally covers the subsequent damage, including structural repairs and destroyed item replacements.

Heating Equipment and Smoking-Related Fires

Fires caused by heating equipment and smoking are generally covered. But there could be some exceptions. For instance, if negligence is involved, your coverage might not apply. Smoking-related fires are typically covered if they align with the policy’s terms and conditions.

Every insurance policy has its fine points. Therefore, it’s essential to understand your specific coverage and any potential exclusions that may apply. At The Select Insurance Agency, we dedicate ourselves to helping Coppell, TX homeowners navigate through their insurance needs. Contact us today to review your policy and ensure you’re entirely protected against fire risks.

How Your Current Financial Situation Impavts How Much Life Insurance You Should Carry

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Trying to figure out how much coverage you need can be tricky. At The Select Insurance Agency in Coppell, TX, we understand that your financial situation is crucial to this decision. Here’s how your finances affect your life insurance needs.

Assessing Your Income

Your income is a significant factor in determining the amount of life insurance you should carry. Ideally, your policy should replace your income for several years, ensuring your family can maintain their lifestyle. Financial experts often recommend coverage that is 7 to 10 times your annual income.

Evaluating Debts and Obligations

Another critical aspect to consider is your current debts and financial obligations. This includes mortgages, car loans, credit card debt, and any other outstanding liabilities. Your life insurance should be sufficient to cover these debts so they don’t burden your loved ones. Also, think about future expenses.

Savings and Investments

Your existing savings and investments also impact how much life insurance you need. You may not need as much life insurance if you have substantial savings or investment portfolios. However, if your savings are minimal, more coverage might be necessary to ensure your family’s financial security.

Family Needs and Lifestyle

Every family is unique, and so are their financial needs. Consider the lifestyle you want to provide for your family. How much would they need to maintain that lifestyle without your income? This includes daily living expenses and future goals.

Determining the right amount of life insurance involves assessing various aspects of your financial situation. At The Select Insurance Agency in Coppell, TX, we’re here to help you find the perfect coverage. Contact us today and secure your family’s future with the right life insurance policy.

What Are the Benefits of Umbrella Insurance?

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When it comes to protecting your assets, sometimes your standard insurance policies just aren’t enough. At The Select Insurance Agency, which serves the greater Coppell, TX region, we often recommend umbrella insurance as a way to provide an extra layer of security. But what exactly are the benefits of umbrella insurance? 

Extra Liability Protection

Umbrella insurance kicks in when the liability limits of your home, auto, or boat insurance have been reached. Imagine you’re involved in a major car accident where the medical bills and legal fees exceed your auto policy’s limits. Without umbrella insurance, you could be left paying out of pocket. However, an umbrella policy covers those extra costs.

Coverage Beyond the Norm

Not all situations are covered by traditional insurance policies. Umbrella insurance can extend to incidents like libel, slander, and false arrest. For example, if you’re sued for defamation due to something you posted online, your umbrella policy can cover legal expenses. This is especially important in our increasingly litigious society.

Affordable Peace of Mind

One of the surprising benefits of umbrella insurance is its affordability. Given the extensive coverage it provides, an umbrella policy is relatively inexpensive. This cost-effective solution can safeguard your financial future without breaking the bank.

Protecting Your Future

If you’re liable for a significant amount, your savings, retirement funds, and future earnings could be at risk. Umbrella insurance helps protect these assets, ensuring that an unexpected event doesn’t derail your financial plans.

At The Select Insurance Agency, we believe in comprehensive protection. Umbrella insurance is a wise investment in your peace of mind and financial security. For more information on how umbrella insurance can benefit you, stop by our office in Coppell, TX, or give us a call today to get started.

Does Commercial Insurance Cover My Company Vehicles?

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Controlling risk is critical to small business owners who lack the resources of a parent company, so it is good business to use insurance to help manage your risk. Of course, using insurance to manage your business risks requires understanding what your commercial insurance does and does not cover. If you own a small business and want to understand your commercial insurance options better, contact The Select Insurance Agency team in Coppell, TX.

Commercial Versus Commercial Vehicle Insurance

Commercial insurance handles various business risks and is often purchased cafeteria-style. Core commercial insurance policies generally cover commercial property, general liability, and workers’ compensation. Many businesses acquire additional coverage to address risks common to their industry, profession, or range of assets. Commercial vehicle insurance covers motor vehicles used for business purposes and does not automatically come with most commercial policies. Your business needs commercial vehicle insurance if you use motor vehicles as part of conducting your business.

Many small business owners think their personal auto policy covers their risks when using their personal vehicle to take a client to lunch or when an employee uses the owner’s car to make a delivery. However, your personal policy does not cover damage or injuries to others while used for business purposes. Insurance companies may unknowingly cover a fender bender in that circumstance. Still, accidents that result in substantial liability are investigated more thoroughly and not covered when the investigation determines the vehicle use was business-related.

Working with The Select Insurance Agency

The Select Insurance Agency is dedicated to handling small business owner’s business and personal insurance needs in the Coppell, TX, area. Stop in, email, or call us today at (972) 315-7299 to build an insurance plan that protects your business and personal assets.

Important Records for A Workers’ Compensation Insurance Claim

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Your responsibility is to keep accurate records of injuries that occur within your business premises. You are required to review these records periodically, as they are necessary to file a workers’ compensation insurance claim.

Workers’ Compensation

Workers’ compensation insurance safeguards your best interests as a business owner. Once claims are approved, they provide the deserving workers with the required compensation during their recovery period after an injury.

Incident Report

An incident report must be completed as soon as an injury is reported. It should detail the type of injury sustained and the time of the incident. The report should also clarify the protocol followed immediately after the injury was documented.

It may be necessary to provide a copy of each incident report when filing a workers’ compensation insurance claim. Secure storage of these reports facilitates easy retrieval of information required for insurance paperwork submission to your provider.

Medical Documents

An injured employee must receive treatment from a medical doctor. The doctor will record relevant information about the diagnosis and treatment plan.

These medical documents must be submitted when an insurance claim is filed. If an employee needs ongoing treatment, this information must be reported to the insurance provider.

The submitted medical documents will validate an insurance claim. They have a significant role in determining if an employee will be granted workers’ compensation benefits.

Contact The Select Insurance Agency

Feel free to contact our agent who serves Coppell, TX. One of our friendly agents from The Select Insurance Agency will provide you with additional information about workers’ compensation policies and insurance claims.

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