Can I change my policy at any time?

If you are a driver in Georgetown, TX, you know that you need to carry automobile insurance at all times to prove you will be financially responsible in case of an accident. The state requires at least 30/60/25 basic coverage, which allows for up to $30,000 per injured person, $60,000 per accident and $25,000 for property damage. When you investigate your options at StraightEdge Insurance Agency, you will discover that there are many policies with varying rates and different amounts of coverage.

Even if you already have an auto insurance policy, you may see an offer that sounds better or talk to a friend or relative who has much better terms. When you look at your policy, you realize that the policy you already have will not expire for several months, and you wonder if you are trapped.

Fortunately, most insurance companies will let you cancel your policy at any time. Sometimes there is a fee for not finishing your term, but you could save a great deal of money by switching insurance companies, sometimes as much as 50%. StraightEdge Insurance Agency will help you find and compare many options, while making sure that you will still have the needed amount of coverage. 

You may want to consider a new policy when you move, to see if the cost is cheaper because of your location. A new or different vehicle can dramatically change your insurance price. And you should always shop around when it is time to renew, because it will cost you nothing to see if you can improve your situation. It is also important to make sure there is no gap in coverage for your policy, as there is a legal requirement.  

For a no-obligation quote for Georgetown, TX, feel free to call StraightEdge Insurance Agency today. 

4 Crucial Reasons To Have Flood Insurance

Flooding is among the top natural disasters that lead to massive losses in the United States. The catastrophe has created the need for flood insurance throughout the country, including Austin and its surrounding areas. At StraightEdge Insurance Agency in Georgetown, TX, we strive to cover you from losses should this disaster strike again. But why do you need it in Texas?

Previous Flood Occurrence

Previously, flooding was assumed to affect people living near bodies of water. However, residents of Texas have recently experienced it more frequently than usual. Despite being far from large bodies of water, the number one cause of flooding in the state is substantial rains. Research has shown that a few inches of flash flood water is enough to cause significant damages to your house.

Homeowners Policy Assumption

Most people assume that homeowners coverage protects the house from flooding. It is worth mentioning that this is not true. Whether you live in your own home or are renting it, it is vital that you discuss coverage with the right agent to find the appropriate insurance policy to safeguard you from losses resulting from floods.

Protect your Personal Property

Now that you are aware that the homeowner coverage does not include floods, there is a need to get a flood insurance policy. However, most flood policies only cover the building. This implies the foundation, walls, and the entire structure but not personal property in the home. Therefore, it is prudent to discuss with our agents the options you have to protect your possessions.

Time for Coverage

Unlike most other policies, flood insurance requires 30 days to take effect. Our insurance agent will first assess whether you have been participating in the NFIP. This implies that you may need to plan ahead.

Flooding has caused tremendous destruction in the past, and StraightEdge Insurance Agency recognizes the massive losses. We diligently serve Austin and Georgetown, TX residents with the hope of safeguarding their interests. Please contact us for more information and quotes.

3 Things You Should Know About Home Insurance

More than three-quarters of people who purchase a homeowners’ insurance policy don’t understand its features or ways they can use it to save money on their insurance premiums. Below are the top three things that you should know about a home insurance policy before you sign that contract.

Your Homeowners Insurance Does Not Cover Every Damage That May Occur

Your Texas homeowner’s insurance policy will provide you with a broad range of protections including comprehensive coverage for the structure of your home, loss of use, liability, and loss of personal belongings but it doesn’t cover everything.

Agencies such as StraightEdge Insurance Agency in Georgetown, TX state that they only cover sudden and accidental events. This means that if you have been ignoring a roof leaking for months, then it damages something in the house, such damage won’t be covered. Specific disasters such as floods from groundwater and earthquakes are rarely covered in a standard home policy.

Your Credit Score Can Affect Your Insurance Rates

Your credit score can determine your policy rates which affect your insurance premiums. Having a good credit score saves you a significant amount of money on your home insurance policy in Georgetown, TX. Massachusetts, California, and Maryland are the only states that prohibit policy providers such as StraightEdge Insurance Agency from using your credit score to set your home insurance policy rates and premiums. 

There is Always a Deadline to Making a Claim

Don’t wait too long before you file your claim in the event of damage or disaster. Most of the home insurance policies have a window period of 14 days for reporting an incident and filing your claim. Don’t wait for the damage to worsen hoping that you will get a better compensation.

For more information, reach out to our offices in Georgetown, TX to have your questions answered. Also, try our online rating tool for quotes on home and auto insurance.