What Is a Flood Insurance Rider?

When you first purchase home insurance, it’s easy to assume what’s covered under your policy. After all, few people are going to read through the countless terms and conditions presented to them. As understandable as this is though, the risks of assuming far outweigh the inconvenience of doing your homework. StraightEdge Insurance Agency wants you to know more about how flood insurance works, and how it can be tacked onto your home insurance policy. 

Flood Insurance Riders 

Your home insurance policy covers your property in Georgetown, TX against any number of events. From major storms to fire, you’ll receive the means to make the repairs and cover the replacements. But floods typically aren’t included in home insurance policies unless you get a special rider. Flooding can happen in nearly any part of the country, and it’s all too common for homeowners to find out they’re not covered after the event has occurred.

Water Damage and Your Home

Water damage is difficult to remove, making it more expensive and time-consuming to restore your property to its previous condition. If the water seeps into the walls or floor, it can lead to mildew or even deadly mold. If homeowners don’t catch it immediately, it can quickly colonize and become a major problem. A flood insurance rider gives homeowners a way out of a sticky situation, so they can preserve the value of their homes. 

Questions Answered 

If you’re interested in what a flood insurance rider can do for you, give StraightEdge Insurance Agency a call today. We serve the homeowners of Austin and Georgetown, TX, so they can feel safe no matter what the weather may bring. From your prized garden to your newly remodeled kitchen, contact us about how to make your home insurance a little more comprehensive.

Why You Need Umbrella Insurance in Texas

One of the most essential parts of overall financial health is having proper insurance in place. For those that are in the Georgetown, TX area, one crucial part of this to consider is your liability insurance needs. While you may have coverage from your base home and auto insurance policies, it may not be enough in all situations. There are several reasons why getting an umbrella insurance policy should be considered a necessity. 

Gives Additional Liability Coverage

Most likely, you have some level of liability protection through your auto and home or renters insurance policy. While this can provide coverage in many different situations, the amount of coverage that you will get is often not enough to cover some more significant accidents. If you are found liable for an unfortunate accident in the Georgetown, TX area, your umbrella policy will be a necessity to give you enough coverage as it will go into effect after the claims exceed your base policies.

Covers Other Situations

While a home or renters insurance policy can include many different situations, it is not entirely inclusive of all situations that could cause liability. If you are at risk of liability for other situations that are not covered by your base policies, additional coverage is a necessity. An umbrella policy curtailed for you will give you this coverage. 

If you believe that umbrella insurance is right for you, or if you would like to learn more about this insurance option, you should contact the StraightEdge Insurance Agency in Georgetown, TX. When you speak with the insurance team at StraightEdge Insurance Agency, you will learn more about the benefits of umbrella insurance and how it could protect you. They will then get you into a policy that provides the right type and level of liability insurance coverage. 

Does Flood Insurance Cover Mold Removal?

Flood insurance is something that not all property owners need or are even going to benefit from. There are some property owners that will never see a flood in the time that they own their property and therefore may not even need this type of coverage. There are other property owners that do need flood coverage and knowing what this type of insurance covers is a must. For those in the Georgetown, TX area, the agents with StraightEdge Insurance Agency can help you find the policy that works best for you.

Flood insurance covers many things, including mold mitigation and clean up after a flood. You can get more or less coverage depending on what you need and want and can also get specific coverage for specific cleanup. Most flood insurance will help cover the cost of cleaning up mold after a flood for the express purpose that you have to clean up the mold in order for the home to be livable again. Mold mitigation is a part of getting a home back in livable condition and your flood insurance will help cover the costs associated with this type of clean up. They may have a preferred mitigation or restoration team that they like to work within order to get your home back in a good state.

For those that do not live anywhere near flood zones or that have a property that is not in any danger of being flooded, you do not need to worry about taking out flood insurance or any other type of insurance that is going to cover flood and flood damages. For those that live in the Georgetown, TX area, the agents with StraightEdge Insurance Agency can help you get the coverage you need.

Why People Who Have Valuable Collections Need Umbrella Insurance

If you are one of the many people who enjoy collecting items, especially items with a substantial value such as art, jewelry, and even memorabilia, then you may need extra insurance coverage. Home insurance coverage may be able to include some contents, but is usually limited and may leave you vulnerable to loss from a variety of hazards. So, how can you protect yourself if your home insurance won’t completely cover your valuables?

Umbrella Insurance Offers Additional Security

If you want to increase your level of protection and prevent the potential for losses, then you should get more information about umbrella insurance and how it can give you an additional blanket of protection. Umbrella insurance is an additional separate policy that is designed to give you coverage above and beyond what your current policy can provide. In order to secure your coverage, you should document all of the items in your collection and consult with your insurance agent.

Working With A Top Agency

One of the keys to securing adequate insurance coverage through the use of an umbrella policy is to work closely with a reputable agency with licensed and experienced agents who can give you the coverage you need without gaps. If you live in the Georgetown, TX area, you are encouraged to seek the insurance services of StraightEdge Insurance Agency. We are dedicated to helping discover umbrella insurance coverage options that will give you the peace of mind you need. 

Don’t risk losing valuable pieces of your collection to any of the hazards that you may face. Get solid umbrella insurance coverage from an agency that can give you the quality policy you need. Residents of Georgetown, TX can call or stop by StraightEdge Insurance Agency for more information or to schedule an appointment. 

Why You Need Flood Insurance

Flood insurance protects your property in a number of ways beyond what traditional home owner’s insurance is able to do. Flooding inside of your home can set you back tens of thousands of dollars in repairs if you do not have the right coverage. So before you go another day without the right protection, if you live around Georgetown, TX you need to contact the StraightEdge Insurance Agency with all of your flood insurance questions. 

Repair Flood Damage Can Cost Thousands 

Repairing flood damage is far more costly than you might believe. It is more than just removing the water from the property. You’ll need to repair and replace everything the water remained in contact for longer than a few hours (and even then there might be certain objects you’ll need to replace). Water deteriorates just about everything it comes in contact. Plus, when areas become waterlogged it increases the chance of mold development. Once mold grows in your home it can spread throughout the entire property. Failure to remove the mold early on will cost even later on down the road (while also putting your family at a health risk). 

Varying Kinds of Flooding

Flooding can come from a storm, but this is not the only way flooding may strike your property. If a water main bursts or a water line leaks into your property and cracks the foundation it will still set you back, even without the heavy rain. 

Flood insurance will protect your home in ways traditional coverage is unable to. Flooding can happen at any time over the course of the year. From a burst pipe to a heavy rainstorm, flooding will set you back financially. That is why if you don’t have flood insurance coverage or you have questions about what the coverage does, you need to contact StraightEdge Insurance Agency for your Georgetown, TX property. 

3 Benefits of Umbrella Insurance

Business owners in Georgetown, TX can turn to the agents of StraightEdge Insurance Agency if they have any questions concerning umbrella insurance for their companies. An umbrella policy offers many benefits to those who choose to purchase them. Not only do they extend coverage in many aspects, but they offer a level of protection that other policies can’t match.

Higher Liability Limits

An umbrella policy covers liability payouts that exceed the limitations of other insurance policies. If a liability claim is $1.3 million and the limit for the liability policy is $1 million, the umbrella coverage will pay for the overage. This extension protects business owners from incurring additional losses.

Provide Coverage Not Offered by Other Policies

In some cases, umbrella coverage can be used to cover claims for things that aren’t covered under other policies. By filling in the gaps and covering less common claims, umbrella insurance offers a level of financial security that other types of policies can’t or won’t. This can include personal injury claims and punitive damages as well.

Relatively Affordable

Even with the increased coverage for extending liability limits and covering various gaps, the cost of an umbrella policy is relatively affordable. By picking up where other policies leave off, umbrella insurance provides well-rounded coverage at a reasonable price.

At StraightEdge Insurance Agency, business owners in Georgetown, TX can have all of their questions answered by agents who understand their needs. Call and schedule an appointment today to have your commercial insurance policies reviewed. This will ensure that you have the protection you need at all times and that your risk of financial loss remains low.

What to Do Now that the Flood is Over

The damage a flood can do to your Georgetown, TX home can be catastrophic. When a widespread area is affected by a natural disaster like a hurricane, it might be up to you to get your life back on track. The folks at StraightEdge Insurance Agency have this quick checklist to help you to decide what must be tackled first once the storm has passed.

File a Claim with both Your Flood Insurance and Your Home Insurance

When water has entered your home from a flood, there will be damage that is covered by your flood policy and other damage that may be picked up by your home insurance. The sooner you talk to an agent, the faster you can receive a check to help pay for the cleanup and repairs.

Find a Safe Place to Stay

Flood waters bring mildew, mold, and bacteria into your house. Protect the health of your family and head out to a friend’s home or rent a hotel room while the damage is removed.  

Rent a Dumpster and Start Throwing Out the Damage

Once the water recedes from your home, the battle is on to prevent mold and disease from taking over the house. Any carpeting, upholstered furniture, and drywall that was submerged should be thrown out. Wood flooring and trim may also need to be tossed. Clothing and toys may be able to be cleaned using hot water and bleach.

Have Your HVAC and Appliances Inspected before Turning them On

Water can corrode the wires and seals on electronics, stoves, fridges, and air conditioning systems. Mold could grow in ducting if it were flooded. They might need to go to the dumpster, too.

Remember, in dire times, your Georgetown, TX agents at StraightEdge Insurance Agency are here to help you navigate the stormy waters of recovery after catastrophic damage to your home. Give us a call today and ask about how flood insurance can better protect you.

 

3 Ways Umbrella Insurance Protects Your Interests

If you own a business, home, boat or auto, umbrella insurance can provide valuable coverage that can protect your assets. A comprehensive umbrella insurance policy from StraightEdge Insurance Agency can give you extra liability protection against accidents that may occur at home, on your business property or when traveling in your boat or car. Here are a few ways umbrella insurance can protect your interests.

Saves You from Paying Liability Claims Out of Pocket 

Accidents can happen at any time without warning, leaving you financially responsible for the damages. Umbrella insurance protects you against liability claims where injuries or damages exceed your current liability coverage. Once the liability limits of your home, boat or auto policies are exhausted, umbrella coverage pays for remaining liability costs. Serious accidents could cost tens of thousands of dollars’ worth of damages. With umbrella insurance, you don’t have to dip into retirement funds or savings to pay these damages out of pocket.    

Protects You Against Lawsuits

If your negligence at home or on the road causes someone to have a serious accident, you could be sued for damages. Umbrella insurance protects you against lawsuits by covering the cost of a settlement. It also pays your legal expenses so these funds don’t have to come from your own pocket.

Safeguards Financial Assets

If you have substantial financial assets or own a thriving enterprise in Austin or Georgetown, TX, you can benefit from umbrella coverage. With umbrella insurance, you don’t have to worry about unforeseen liability claims depleting your financial assets. You can’t predict when accidents will occur but you can be prepared with insurance protection that covers the unexpected.   

For more information about personal or commercial umbrella insurance and the protection it has to offer, contact us at StraightEdge Insurance Agency in Georgetown, TX.

Does Flood Insurance Cover Damage to Contents?

When dealing with a flood there is much more to consider than simply cleaning up the water. There are floors, walls, furniture, and other possessions to keep in mind and knowing how to proceed is important. You should take the time to make sure you are looking at what your flood policy coverage and if it includes the contents of your home as well. For those in the Austin, TX area, the agents with StraightEdge Insurance Agency can help you to find the perfect flood policy.

For the most part, flood insurance works to cover the cost of repairing the home and cleaning up the water and water damage after a flood. In many cases, if you have damage to possessions as a result of a flood, you are going to need a flood policy to take care of replacing and repairing the damage. It is crucial that you have a flood policy in place as your standard insurance is likely not going to cover the cost of replacing items damaged as a result of a flood. The majority of flood policies are going to have coverage for things like mold mitigation, water clean up, replacing floors, and walls that were damaged by the flood, and replacing contents of the home that were destroyed by a flood.

It is always important to know just what your insurance policies cover and that is especially true for specialty policies like flood insurance. Since flood insurance is a policy that is not necessarily required, you are not going to have as cut and dry of an answer when it comes to what is covered. Taking the time to look at your policy and see what it includes is the best way to know what you’re going to be able to replace with a flood policy. For those in the Austin, TX area, the agents with StraightEdge Insurance Agency can help. Contact our offices to speak with an agent and get a quote.

What is umbrella insurance?

Imagine yourself outdoors on a rainy day without an umbrella. At a minimum, you will get wet and need to retreat indoors for warmth. At a maximum, you will get soaked and have to take days off from work to recover from illness related to your negligence. Now, apply the scenario to an unexpected event such as fire or inclement weather destroying your possessions while you have insurance coverage that does not pay for everything that you’ve lost in Georgetown, TX, and now you have a financial dilemma on your hands.

It is during those times of under-coverage that you wish you had additional funds to help you pay for what your standard indemnity policy did not fund. Umbrella insurance offered by StraightEdge Insurance Agency may be your saving grace. 

What is umbrella insurance?

As the term implies, umbrella insurance is extra indemnity coverage that pays for the items that your standard assurance plan does not cover. Perhaps your auto insurance only covers $15,000 worth of damage, but your at-fault accident exceeds $20,000 in costs. Your umbrella insurance policy will pay the difference so that you do not have to sell your possessions to remain debt-free. 

Umbrella insurance is not just for automobiles. There are also policies that cover homeowners as well as boaters. This type of added protection may especially be handy during the winter season when high winds rip through Georgetown, TX and destroy parts of your residence. Wouldn’t it be nice to have full confidence that home repairs won’t set you back by thousands this year?

How much coverage is needed?

The amount of umbrella insurance coverage depends on the object being insured as well as personal preferences regarding financial limits. StraightEdge Insurance Agency can help you sort out the details of your umbrella indemnity plan. Call today for a quote!