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.

Coppell, TX residents interested in purchasing long-term care insurance have the right idea – it’s difficult to predict how your health will be as you get older. 

The Select Insurance Agency recommends long-term care insurance for several reasons, but mostly because of the financial resources and support it offers those who will need it later in life. It may be difficult to fully grasp and appreciate the value of this type of insurance plan, but when you need it, you’ll be grateful you invested in a full-coverage plan. 

There are many unforeseen illnesses and circumstances that you may encounter in your lifetime. Rather than trying to predict the likelihood, you will need it, cover all your bases and do your due diligence by investing in long-term care insurance. 

Invest In Your Own Care

At Select Insurance Agency, we understand and empathize with the overwhelming feelings many people experience when shopping for insurance. You protect all the valuable investments that you can in your life; from your home to your vehicle, to your businesses, even your recreational toys like a boat or an RV. Your own personal care later in life is just as important as any of these other assets and should be treated as such. 

Our team of agents is here to help. We have experience with helping families and individuals select full coverage insurance plans that will provide security and peace of mind in any scenario or circumstance life may throw at them. Residents in Coppell, TX who want to be prepared should look into long-term care insurance and find a suitable plan that is satisfactory.

Life can be very unpredictable and none of us know when we will leave this world which is the reason that life insurance is so important. In Coppell, TX, the staff at The Select Insurance Agency know and understand the purpose of all the different types of life insurance options that are available.

Reasons You Need a Life Insurance Policy

Life insurance will help your loved ones pay off debts after you pass away which means there will be less stress for your family financially while they are grieving your death. A life insurance policy will also provide you with peace of mind in knowing your family will be taken care of in the event of your untimely death.

Types of Life Insurance Policies

Universal Life Insurance

The most popular of the three main types of life insurance policies, universal life insurance is a type of savings account of sorts.  This type of policy allows you to borrow money from it while you are still alive so you can pay off debts on your own and your beneficiaries will not have those debts to worry about after you die.

Term Life Insurance

A term life insurance policy will only help your loved ones if you pass away during the term in which it is an active policy. It is a very simple type of life insurance policy and you get to set the length of each term, however, if the term expires and you renew, your premiums may go up somewhat.

Whole Life Insurance

A whole life insurance policy is also known as a permanent life insurance policy and it will pay out in a death benefit when you pass away. There are three different types of whole life insurance policies, including universal life, variable universal life, and traditional whole life.

An experienced life insurance agent can assist you in determining which type of life insurance policy will be the best one for you and your situation. Call the agents at The Select Insurance Agency in Coppell, TX to get your policy started today!

Choosing health insurance is not easy. So much depends on your making the right choice. Many different factors go into the decision and getting it wrong means you will have the wrong coverage for an entire year. Having an independent insurance agent who knows you, your needs and the options available is a big help and makes it a lot less stressful. At The Select Insurance Agency in Coppell, TX, we are dedicated to helping our customers make good insurance decisions and, since we work for you, making you happy is our goal. 

What is the plan deductible?

All plans have a deductible that must be met before coverage begins. High deductible plans have just that, a high deductible. If you are very healthy and likely won’t need much medical care this year, this is an affordable option. If you need to use your insurance frequently, it may be more expensive than a lower deductible plan. 

Is my doctor in-network?

All plans have networks of healthcare providers. Not every provider is in every network. Depending on the type of plan you have, you may have to use providers in-network to get any coverage. 

Are my prescriptions covered by the plan? 

If you are taking prescriptions, you need to check the formulary for any plan you are considering to find out if your medication is covered and what the co-pay is. 

Does the plan include dental, vision, and hearing services?

What exactly is the plan providing? If it is only medical coverage, do you have the option to add these additional types of coverage?

How much is the monthly premium?

While this may in reality be the most important question, it should not be the only reason for choosing a particular plan. 

When you are ready to make your health insurance choice, at The Select Insurance Agency in Coppell, TX,  we are ready to help.

People that live in the Coppell, TX area need to make sure they have the proper insurance in place to take care of themselves and their dependents. One form of insurance that people in this area should get is dental insurance. There are a few reasons why people should get a dental insurance plan.

Access to Affordable Routine Care

One of the reasons that you should get dental insurance is so you have access to affordable routine care. Caring for your teeth is very important. Those who do will have fewer long-term issues and can avoid significant decay and discomfort. A great way to ensure you avoid these challenges is by having your teeth cleaned a couple of times per year. When you have insurance, you can see a dentist for reduced rates, which can save you money and provide the care you need to keep your teeth in good shape.

Avoid Significant Costs

Another advantage of dental insurance is so you can avoid significant costs. If you ever need a dental or oral procedure, your costs can be significant. Fortunately, when you have dental insurance, you can reduce these expenses. You will often have annual maximums and other cost savings that will reduce the amount of money you need to spend out of pocket. 

If you are assessing your dental insurance needs in the Coppell, TX area, it would be a good idea to properly evaluate your needs and options. One company that can help you choose the best plan for your situation is The Select Insurance Agency. Those professionals with The Select Insurance Agency can help you properly assess all of your insurance needs. This will help you then build a plan that will provide you with ideal coverage for your situation. 

Workers’ compensation helps provide insurance coverage in the event an employee is injured or killed at work. When injured, workers’ compensation helps pay for medical bills and lost wages while the employee recovers. In addition, workers’ compensation helps protect you as the business owner, reducing the risk of being sued for damages and negligence associated with an employee’s injury. Business owners in Coppell, TX, should call the experts at The Select Insurance Agency today to discuss how workers’ compensation can protect their business assets. 

What is Workers Compensation Insurance?

Workers’ compensation insurance provides money to cover medical expenses, rehabilitation costs, and lost wages to employees who become injured or ill, related to the scope of their job. 

Who is Required to Carry Workers Compensation Insurance? 

All states require businesses with non-owner employees to purchase workers’ compensation insurance to cover their employees in the event of an on-the-job accident. Business owners who do not provide workers’ compensation coverage may face severe repercussions when they have to pay for injury claims and fines out of pocket. Additionally, business owners who fail to purchase this insurance may face imprisonment or lose their right to conduct business in the state. 

How Does a Workers Compensation Claim Work? 

When an employee becomes injured on the job, they must visit a healthcare professional immediately to document injuries to support their claim. Employees can begin the claim process by filing the necessary paperwork, and when approved, they will receive compensation payments. Then, when ready, the employee can return to work. 

Business owners in Coppell, TX, needing help with their workers’ compensation insurance policies, can reach out to the experts at The Select Insurance Agency. Our agents can help answer your questions and get you the best insurance plan for your business needs.