The world of health insurance can seem confusing and overwhelming. This is why it is good to have knowledgeable insurance experts on your side. At The Select Insurance Agency, serving Coppell, TX and surrounding areas, we aim to provide our clients and future clients with the insurance information they need to make confident choices. Keep reading to learn about health insurance myths. 

Myth- The Most Affordable Plan Has The Lowest Premium 

When you start shopping for insurance, you will immediately see that different plans will have different monthly premiums. You may be tempted to think that the plan with the lowest premium is the most affordable. This is not always the case, though. A lower premium can sometimes mean a larger amount of out-of-pocket expenses to meet a deductible. If you or your family members suffer from any kind of chronic health problems, this may not prove to be the most affordable option over time. 

Myth- Health Insurance Is For Medical Treatment Only

Although most of the services you will receive through your insurance plan will be medical treatments for physical issues, today most insurance plans also offer mental health services as well. When shopping for insurance, be sure to look into the mental health benefits your plan offers as well. 

Myth- Pick One Health Insurance Plan and Stick to It Every Year

Although it can be less complicated to simply keep repeating the same health insurance choices each year, if you want to make sure you are getting the best deal, and make sure you have access to the services you truly need, you will want to evaluate plans carefully each year at open enrollment to ensure you are picking the one that is right for you today. 

If you would like to learn more about our insurance services, please contact us at The Select Insurance Agency serving Coppell, TX, and the surrounding areas. 

As a parent, you may know that you need to have life insurance, just in case something happens to you. You don’t want your family to struggle if something happens to you. However, you may not be sure if you need to have some life insurance for your children.

Here are some reasons why you may want to get life insurance for your children. 

It gives you the time that you need to grieve. There is nothing worse than losing your child. You might need to take some time off of work to take care of yourself and your family. The money that you get from your child’s life insurance policy may allow you to do so, without worrying about paying your bills. 

You may be able to borrow against their life insurance policy to help support them. You may be able to get some money to help you pay for their college tuition or even their wedding. 

If you start them young, they will have a policy for life, no matter what happens. It can be harder to get a policy when you are older. In fact, you may end up paying more each month due to illness or even being overweight. If you start now, your child will have an affordable plan for the rest of his or her life. 

If you are unsure about whether you should insure your child, you may want to think about what is going on. If you want to give yourself time to grieve, it may help you financially during this time. 

If you are in Coppell, TX, contact us at The Select Insurance Agency. We will be able to help you decide if it is a good idea to insure your child. 

Long-term care insurance provides a lot of reassurance for those who may benefit from care in a nursing facility in the future. There are many long-term care insurance options available. Do you want to find long-term care insurance options in Coppell, TX? These are some of the situations where The Select Insurance Agency recommends insurance.

People With Long-Term Health Issues

If you have a health condition that could lead you to spend time in a nursing home, assisted living home, or caretaking facility, you should consider long-term health insurance. If your health condition will last longer than three months, you should consider insurance for this purpose.

People Who Benefit From Day Care Services

If you are somebody who has a health condition that may cause you to benefit from adult day care services in the future, you should consider long-term care insurance. For instance, you may need a caretaker in your home, or perhaps you benefit from spending time at a care facility during the day until those who provide full-time care are able to return home after work.

People Who Require Home Modifications

If your conditions require that you might need home modifications in the future, long-term insurance is a smart decision. You’ll be able to live at home longer with these modifications, and you can also save money in the process. Your insurance may cover some of the modifications you want to have added to your home so that you can live there safely.

Get Long-Term Care Insurance Today

The Select Insurance Agency understands the needs of Coppell, TX, residents. Call our office today to learn more about long-term care insurance in your region.

People that live in the Coppell, TX area continue to find that it is a great place to buy a home. With your own property here, you can enjoy price appreciation, a hedge against inflation, and other benefits of property ownership. As owning a home is a big purchase, it is one that should always be covered with insurance. You should get property insurance in this area for a few reasons.

Protect Property from Damage

One of the reasons that you should have property insurance in Texas is that it can help to protect your property from damage. In the state of Texas, there is always a risk that a bad storm, fire, or other situation that results in damages could occur. Fortunately, if you continue to maintain the right insurance, you will have the coverage needed to repair your home following a covered loss.

Comply with Insurance Obligations

You also should consider getting property insurance as it may be required by various agreements. With risking property prices in Texas, many people take out a loan to complete the purchase of their property. If you do take out a loan, you can benefit from low-interest rates but will be required to maintain property insurance throughout the term of your loan. Many lenders will also escrow your payments each month to ensure the insurance payment is made. 

There is a range of reasons why the average person in Coppell, TX should aim to get property insurance. As you are evaluating your insurance needs here, calling The Select Insurance Agency will be a great option. There are a lot of important choices to make when it comes to property insurance and The Select Insurance Agency can help you pick an ideal plan. This can help ensure that your property is always covered with an ideal plan. 

Many people love to ride around in off-roading vehicles and snowmobiles. These ATVs and golf carts can be a lot of fun, but they can be dangerous. If you own one of these, you may want to consider insurance.

Here are some reasons why you need toy insurance.

It will cover the cost (or some of it) to fix or replace the toy if something happens. Just like automobile insurance, your toy insurance will cover the cost to fix or replace your toy if it is badly damaged. 

It will also cover your medical bills. If you or another passenger gets seriously injured while out riding, your insurance will help cover medical bills. 

It can also protect you if you get sued by another passenger. If your passenger gets injured (or you hit someone, and they get injured), they may decide to sue you over your carelessness. Your insurance will help to cover legal fees. 

If you damage property while you are out riding, you will be protected. If you hit a fence or some other piece of property, your insurance will help to cover the cost of fixing it. 

You may also need to have insurance in order to ride certain places. There are many fun trails that you can ride. However, you will need to have your insurance paperwork along, in order to enjoy the ride. 

Just like automobile insurance, toy insurance is there to protect you. Whether you get injured, damage your ATV, or even damage property, it will make sure that you are well protected. 

If you are unsure if you need insurance for your toys, you should contact us today at The Select Insurance Agency in Coppell, TX. 

RV insurance is one of the most beneficial resources you can take on the road with you. The Select Insurance Agency, which serves Coppell, TX, understands the complexities of getting RV insurance for the first time.

If you are interested in getting RV coverage, there are a few terms you should be familiar with first. Here are a few keywords you need to know.

Liability Coverage

Liability coverage for RV insurance is similar to liability for auto insurance. Liability coverage covers damage that you are determined to be at fault for.

Personal Property & Attachment Coverage

Personal property and attachment coverage covers your own personal items and anything that is attached to the RV. This is a type of insurance coverage that will cover those items if they are damaged.

Full-Timer

A full-timer is somebody who uses their RV more than half the year. You may have to inform your insurance company if you begin to use your RV for more than half of the year, as this could make a difference in the kind of insurance coverage you need.

Personal Effects

Your personal effects are the items inside or outside of your RV. These are the items that you own and store in your RV or put immediately outside of your RV when you are camping. These items may or may not be covered based on your specific policy.

Get RV Insurance Today

If you are curious about RV insurance, it’s important that you speak with a professional about your insurance options. If you are ready to get a new policy that covers your needs, call The Select Insurance Agency to get a policy for your Coppell, TX vehicle.