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Protect Your Home With Home Insurance

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When you are the owner of a home, you need to make sure that you do everything you can to protect it. You do maintenance on it and make sure that there are smoke detectors, but those aren’t the only things that your house needs. You also need to have a home insurance policy. It’s an essential part of your home protection and protects your home in a number of important ways. When you need home insurance, you can call us at Slaughter Insurance Agency in Quinlan, TX.

Why Home Insurance

Home Protection

The protection you need for the dwelling is right there in your home insurance policy. Each policy specifies exactly what it covers your home for, and what it doesn’t. It will specify the types of accidents, calamities, and disasters that are included in the policy. This gives you all the information you need about the protection you’re getting. Every home insurance policy will have a wide range of events that it covers the home for. 

Belonging Protection

Your home isn’t just a dwelling, it’s also where you have all of your possessions. The insurance policy that you have on your home will also protect your belongings from the same types of damaging events as the dwelling. There are many ways that the items in your home can become damaged, and it’s always essential to have your home policy for this reason. 

Liability Protection

These policies also protect you against someone becoming injured in your home and hold you responsible for the medical bills. The bills can be enormous, and there more be other bills due as well. Home insurance can pay for all of those expenses to keep you financially protected from them. 

Get the Protection You Need

To get the policy you need for your own protection, call us at Slaughter Insurance Agency in Quinlan, TX.

When does an umbrella policy kick in?

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An umbrella policy is a type of insurance coverage designed to provide additional protection against liability above and beyond what is covered by your primary policies. It kicks in after the limits of your primary policies have been exhausted and provide additional financial security for you if you’re involved in an accident or lawsuit where the damages exceed the limits of your existing coverage.

At Slaughter Insurance Agency, we specialize in umbrella policies for people and businesses in the Quinlan, TX area. 

When does an umbrella policy kick in?

For example, if you are involved in a car crash, and the damages are greater than the amount covered by your auto insurance policy, an umbrella policy will kick in to provide extra coverage. Similarly, if you are found liable for someone else’s injuries and medical costs, an umbrella policy may cover those expenses too.

Umbrella policies are especially important for those who own a business, as they can protect against huge liabilities that might otherwise bankrupt them. In addition to liability protection, some umbrella policies may also include supplemental benefits such as personal injury protection or uninsured/underinsured motorist coverage. 

Umbrella policies can be invaluable when it comes to protecting yourself and your assets from potential losses resulting from accidents, legal judgments, and other unpredictable incidents that occur with no warning. If you want to make sure that you’re getting all the coverage you need for maximum peace of mind, consider investing in an umbrella policy today!

Contact Us Today

If you would like more information about an umbrella policy or have questions about your coverage, give us a call at the Slaughter Insurance Agency today. We proudly serve the Quinlan, TX area.

What Does Workers Compensation Insurance Do?

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Business owners in Quinlan, TX are not required to have workers compensation insurance, but it’s a protection against financial loss that many entrepreneurs choose to invest in. Your Slaughter Insurance Agency representative can give you the full scope of what is covered. 

What Does Workers Compensation Insurance Do?

Texas law has set forth limits on what workers can receive when their employer purchases workers compensation insurance. A company owner who decides to be a non-subscriber can be subject to lawsuits to compensate for injuries to employees incurred while on the job. These have virtually no cap and can include attorneys’ fees. Common legal defenses in personal injury lawsuits are not admissible in cases involving employers.

You are required to place a poster notifying new hires of coverage or noncoverage at the place of employment, and employees have five days to waive their rights to opt-in to this provision or not. 

Those who agree to be under workers compensation will be provided with the medical and income benefits that are due to them under the law but will lose their right to sue. Workers must be notified of this tradeoff via a government form once they have made their decision. 

Under workers compensation, employees are to be covered regardless of fault when they are hurt while carrying out duties that further an employer’s interests, and this can include travel. Perils that null and void this agreement include horseplay, intentional self-harm, or being under the influence of controlled substances or alcohol. 

Death benefits may also be applicable and paid to families of someone who dies in an accident while on the job, and this operates according to limits set by law. 

Slaughter Insurance Agency Serves Business Owners 

We provide quality insurance products for those in the Quinlan, TX area, and we can put together a package for you. We invite you to reach out to us today. 

Why should people in Quinlan get home insurance?

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If you are a resident of the Quinlan, TX area, it would be a good idea to own a home. Property ownership here comes with various long-term benefits, including offering a consistent place to live and allowing you to build equity. If you want to purchase a home here, getting the proper insurance is a necessity.

There are multiple reasons why someone here should get this type of coverage:

Ensure Assets are Covered

An important reason anyone will need to have a home insurance plan is to ensure their assets are covered. If you are going to purchase any type of property here, it would be beneficial to have it protected against various risks. A home insurance plan will give coverage to help repair or rebuild the property if it is damaged due to bad weather or a fire. 

Reduce Liability Risks

You should also get a home insurance plan in this state to reduce your liability risks. There are various risks that come with owning a home, such as an accident occurring on your property that results in an injury. As the damages in a liability claim such as these can be significant, you should ensure you are offsetting it as well as possible. Home insurance includes a provision for liability insurance that can help protect against this risk. 

Get The Right Coverage Today

People living all over the Quinlan, TX area will want to know that they are fully insured with a proper home insurance plan. There are a lot of choices that need to be made when evaluating your home insurance options and the Slaughter Insurance Agency will help you build a plan. Slaughter Insurance Agency will always take a customized approach to help you build a policy that meets your requirements and offers the right type and level of coverage. 

What is the benefit of a motorcycle insurance policy?

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If you reside in the Quinlan, TX area, you will likely know that it is important that you have a reliable mode of transportation. When you are looking for a fun way to get around the community, having a motorcycle can be a good option. With a motorcycle, you will have an efficient and reliable asset that also needs insurance.

There are various benefits that come with a motorcycle insurance plan:

Coverage for Motorcycle

A reason that anyone in this part of Texas will want to have a motorcycle plan is so they can properly protect this asset. A motorcycle can take a big purchase and investment to acquire and care for. A great way that this asset and investment can be covered is by getting motorcycle insurance. With this coverage, you will have the support you need if it is damaged in an accident or stolen. 

Meet Requirements

You also will want to have a motorcycle plan so you can meet the requirements set for motorists. If you want to ride a motorcycle in Texas, you will be required to carry at least a liability insurance plan. If you do not have this level of coverage, you will be in violation of state law and can face repercussions. 

Get Motorcycle Insurance Today

When you are in the Quinlan, TX area, it would be wise to get a motorcycle insurance plan if you own one of these vehicles. While there are a lot of advantages that come with this coverage, it can be complicated to select a new plan. When you are shopping for a plan here, it would be good to call the team from the Slaughter Insurance Agency. With so many choices to consider when looking for an insurance plan, having Slaughter Insurance Agency help will always be advantageous. 

Does an Older Vehicle Need Full Coverage Insurance?

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The right insurance coverage for your vehicle is essential to help protect you from loss and risks. Whether you own a new or an older vehicle, you need insurance to meet state requirements, but how much do you need for older vehicles? Residents of Quinlan, TX can count on Slaughter Insurance Agency to help them determine how much they need. 

Insuring an Older Vehicle

If you own an older vehicle, you may be able to reduce the level of auto coverage you have. It’s worth noting, however, that it may not be a good choice for everyone. If your vehicle is older than ten years and has a value of less than $5,000, you might opt to carry liability coverage only. On the other hand, if you have an older vehicle with a higher value or collectible value and over a few thousand dollars, you might want to keep your full-coverage insurance. This is especially true for vehicles with improvements and modifications. 

If you aren’t sure if you have the right insurance in place, the experts at Slaughter Insurance Agency can help clients determine which options are the best for their current needs and assist them with making any changes if they decide to make them. Our agents work closely with each individual to help them understand their situation and the various options they have to meet their needs. 

Get Started Today

Residents living in or around the Quinlan, TX area should reach out to Slaughter Insurance Agency today to set up a consultation or to speak with one of our highly insightful agents. We go the extra mile to help you understand your coverage and policy options to help you have peace of mind. 

How Business Interruption Insurance Can Keep Your Business Afloat

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No business is safe from potential interruption. Whether it’s due to a natural disaster, equipment failure, or something else entirely, business interruption can severely impact your bottom line. That’s where business interruption insurance from Slaughter Insurance Agency in Quinlan, TX comes in.

This type of coverage can help you make up for lost revenue and keep your business afloat during tough times:

What is business interruption insurance?

Business interruption insurance is designed to help businesses recover from a loss of income that results from a covered event. This type of insurance can help a company continue to operate after a covered event by providing funds to help cover expenses such as payroll and rent. This type of insurance can be especially beneficial for businesses that rely heavily on income from operations.

What does business interruption insurance cover?

The commercial landscape is unpredictable, especially for small businesses. You never know what’s coming around the corner to interrupt your operations. With the right business insurance, you can protect your assets from:

  • Loss of income due to damage to the insured property that prevents the business from operating

  • Loss of rent or lease payments if the insured property is unusable

  • Extra expenses are incurred to keep the business running after a covered loss.

  • Loss of profits due to a decrease in business after a covered loss

Discover more about business interruption insurance

Slaughter Insurance Agency in Quinlan, TX offers business owner’s insurance to protect your business from potential liabilities. We have the experience and knowledge to tailor a policy that meets your specific needs, and our team is committed to providing the highest level of customer service. Contact us today to learn more about our services and how we can help you protect your business.

What every new homeowner needs to know about home insurance

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The old saying "what you don’t know can’t hurt you " is not true when it comes to home insurance. The more you know, the less likely you are to make an error when choosing the right coverage for your new home. At Slaughter Insurance Agency in Quinlan, TX we make sure that all of our customers have the information they need to make an educated decision about their home insurance. 

New Homeowners: What You Need to Know About Your Insurance

Read your policy

Don’t take anything for granted. Check the declaration page to get all the particulars of your coverage in a simple-to-read format. 

Your policy can be customized

A one-size-fits-all policy doesn’t have to be what you get. You can determine the amount of liability coverage you want, the type of content coverage you need, and any riders that you may want to add. 

Home insurance has exclusions

While home insurance provides some really great coverage, it is also seriously lacking in some other areas. Probably the most surprising is that it doesn’t cover you for floods. Floods are one of the most damaging natural disasters and you have to get a separate policy if you want to be protected. Earthquakes are also not covered. Normal wear and tear and owner neglect are also excluded, along with sewer backup and sinkholes. Some breeds of dogs are excluded from coverage as well.

Your policy has limitations

Some content coverage is limited to certain dollar amounts. Jewelry is one of them. If you have some nice jewelry, check your coverage and consider adding a jewelry rider to provide enough protection. Other expensive items may require an appraisal to make sure they are covered. If you have a lot of electronics, make sure you have enough limits to cover them. 

Contact Us Today

Contact Slaughter Insurance Agency in Quinlan, TX if you have questions about home insurance coverage. We will offer you expert insurance advice and no-obligation quotes.

Quinlan TX Umbrella Insurance Options

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Umbrella insurance is an option Quinlan, TX residents might want to consider for added protection and peace of mind.

Here’s what you need to know about umbrella insurance and how the Slaughter Insurance Agency team can help you.

What is Umbrella Insurance?

Umbrella insurance is also referred to as excess liability insurance. This kind of insurance is an add-on to liability insurance and covers losses that are not covered by other insurance policies, including homeowner’s, auto, and boat/watercraft insurance. If an accident occurs, umbrella insurance can be a method of fail-safe coverage.

How Does Umbrella Insurance Work?

Umbrella insurance is not a stand-alone policy, meaning you can only obtain umbrella insurance if you currently have an insurance policy, such as auto, homeowner’s, or another type of insurance policy. One of the perks of attaining an umbrella insurance policy is that it pays the difference between the amount of what your primary insurance covers and the amount you still owe.

What Does Umbrella Insurance Cover?

An umbrella insurance policy covers the policyholder and other family members or members of the household against lawsuits that involve property damage, personal injury to others, and other claims that are dependent upon your policy. This kind of insurance covers:

  • Personal legal defense costs
  • Personal attacks and character defamation
  • Bodily injury liability
  • Property damage and injuries sustained by tenants at a rental property
  • Property damage liability

Is There Anything Umbrella Insurance Does Not Cover?

There are different instances when an umbrella insurance policy would not cover a specific situation. Umbrella insurance policies do not cover:

  • Personal property
  • Contracts
  • Criminal or intentional actions
  • Business losses

Contact Us Today

Slaughter Insurance Agency in Quinlan, TX is here to help you with your insurance needs, including umbrella insurance. Contact us today to learn more about our insurance services. We look forward to speaking with you!

Auto Insurance Myths: Busted!

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Your car insurance is one of the most important things you must pay for as a driver. It protects you financially in an accident and can even save your life. Yet, despite its importance, there are still a lot of misconceptions about auto insurance floating around. Slaughter Insurance Agency in Quinlan, TX offers thisg guide on some of the most common myths about auto insurance and help you understand what it does (and doesn’t) cover. 

Auto Insurance Myths: Busted!

Myth 1: Auto Insurance Is Only for Accidents

This is one of the most common myths about auto insurance, and it’s simply not true. While your auto insurance will certainly provide coverage in an accident, it also protects against theft, vandalism, weather damage, and more. So, even if you never get into an accident, your auto insurance is still working hard to protect your car.

Myth 2: My Insurance Will Cover Any Damage to My Car

Again, this is not true. What is covered depends on your insurance policy, but in general, only damage caused by accidents or other covered events will be reimbursed by your insurer. Things like wear and tear, or damage caused by poor maintenance, are not generally covered.

Myth 3: Your State’s Minimum Coverage Is Enough

This is a myth that can have serious consequences. State minimum coverage is the absolute bare minimum amount of insurance you can have, and it’s often not enough to protect you fully in the event of an accident. If you’re at fault in an accident and your damage exceeds your coverage limits, you could be on the hook for a lot of money. It’s always a good idea to get more than the state minimum coverage just to be safe.

There you have it: three of the most common myths about auto insurance, busted! Now that you know the facts, be sure to get the right coverage for your needs. And for all your insurance needs in Quinlan, TX, be sure to contact Slaughter Insurance Agency. We’re here to help you get the protection you need at a price you can afford. Call us today for a free quote.