What Homeowners Should Do Before and After a Disaster

There have been plenty of horror stories about natural disasters in the news. If your home is in a danger zone, you know what can happen to it, just by watching the results from a natural disaster on the television. The best time to make sure you have adequate home insurance coverage for a natural disaster is before one happens. After a home is destroyed, it is too late to adjust the insurance coverage.

Climate Change Increases Risks

Many of the news stories about natural disasters are describing them as the “worst ever.” The aftermath of a natural disaster can be more dangerous than what happens during the event, especially in regards to flooding.

Now is a good time to discuss home insurance coverage with your agent at Eichelmann Insurance Agency, serving Richardson, TX and the nearby areas. Make sure your insurance coverage is adequate and covers the full replacement cost to rebuild a home after being destroyed by a disaster. Also, ask about flood insurance since home insurance usually does not include this protection.

Helpful Tips about What To Do after a Disaster

After everyone is in a safe place and the emergency has passed, contact your insurance agent. Ask them for help in documenting the destruction. Take photos of everything possible if doing so does not put you at risk. Be aware that walking through standing water without wearing protective gear is very dangerous due to the risk of contracting a water-borne illness.

Do not enter any premise that is partially damaged because the structural integrity may not be sufficient to keep it from falling down. If it is safe to do so, recover any information about the home that was saved before the disaster. Keep the originals and make copies of any available documentation that you have. Give the copies of the documents to help your agent with the insurance claim.

Summary

Disaster preparedness includes having adequate home insurance. Contact your agent at Eichelmann Insurance Agency in Richardson, TX for an insurance review before disaster strikes.

Training Your Employees to Handle Robberies

Pretending or hoping that a robbery can’t happen to you is an unwise and dangerous path to take. The truth is robberies can happen to any business at any time. The best line of defense is to acknowledge this and be as prepared as possible. Here are a few tips to help you train your employees on how to handle a robbery. 

Stay Calm

When individuals panic during a robbery, things can escalate quickly and terribly. Encourage your employees to stay calm despite their fear. When a person remains calm, they can think more clearly, follow instructions better and perhaps take steps to keep everyone safer. 

Do Not Take Risks

People generally tend to fall into two categories during an emergency. Those who panic and cannot think straight, and those who are calm yet think they can heroically save the day somehow. Both of these behaviors can put employees in danger. Encourage your employees not to take unnecessary risks. Although it may seem there is an opportunity to be heroic and stop the robbery, this should be discouraged. 

Do Not Confront the Criminal

Although it may seem tempting to confront the criminal, especially if an employee’s knee-jerk reaction is anger rather than fear, this should be discouraged. You should rather encourage your employees to follow directions, even if they do not want to. This will increase the chances of the employees and others in the facility remaining safe during the crime. 

Contact Emergency Services

You should train your employees to contact emergency services first before they contact managers or loved ones. The sooner police arrive, the greater the chance they have of resolving the crime and hopefully apprehending the criminals. 

Burglaries happen to even the most careful business owners. You can decrease your losses by making sure your employees are well prepared for such an event. If you would like to learn more about protecting your business, contact Eichelmann Insurance Agency in Richardson, TX. 

3 Reasons To Get Comprehensive Coverage For Your Auto Insurance Policy

When clients contact The Select Insurance Agency, often one of the first questions that they will ask is about comprehensive auto insurance policies. The Select Insurance Agency is more than happy to assist Coppell, TX residents in this regard.

The following guide offers a closer look at the most important reasons why you need to get comprehensive coverage for your auto insurance policy. These key benefits can assist motorists with a wide range of problems.

Replacing a Stolen Vehicle

For most of us, our car is a crucial aspect of our livelihood. If you cannot afford to replace a stolen vehicle, purchasing comprehensive coverage for your auto insurance policy is the way to go. In the majority of instances, a comprehensive coverage policy allows us to receive fair value for the vehicle that has been stolen. This allows motorists to avoid lengthy periods without their vehicle that could put a damper on their ability to earn a living.

Repairing Weather Damages

Living in a state like Texas means having to endure all sorts of weather-related issues. The constantly changing weather causes most to pay for these damages out of pocket but thanks to comprehensive coverage, this is something that we no longer have to worry about. Hail, hurricanes and other assorted damages do not have to become our problem.

Protection From Animal Collisions

Did you know that many collision insurance policies will not include an option to take care of motorists who experience an animal collision. Even something as simple as a collision with a dog or a deer can lead to costly damages and it behooves us to remain cognizant of these risks in Coppell, TX. If you do not wish to replace cracked windshields or broken fenders caused by animal attacks, purchasing comprehensive coverage for your auto insurance policy is the best choice.

 

3Unexpected Things That Are Covered By Home Insurance

When most people in Dallas, TX think about home insurance, they associate it tragedies, such as a house fire or trees falling on the house during a storm. It’s often easy to forget that not only is home insurance essential for these situations, but it covers a lot more. Here are a few of the unexpected things that are covered by home insurance.

Dog Bites

Whether your dog tends to get overexcited by your new neighbors or he isn’t too fond of the cable guy, your homeowner’s insurance can be your saving grace should your dog bite anyone. The majority of home insurance policies extend to dog bits, ensuring you that your beloved family pet will not be the cause of extensive debt.

Accidents, such as Slip & Falls

If you forget to shovel the driveway before visitors arrive and someone slips and fall on the ice, you may be liable for the cost of their injuries. The same applies to almost any type of accident that occurs to your guests while on your property. Unfortunately, you may also be responsible for accidents that happened to uninvited guests, such as a door-to-door salesperson. Good news is, your homeowner’s insurance generally covers these accidents.

Dorm Room Theft

When your child moves from your home and into a college dorm, they typically bring a lot of valuables, including laptops, clothing, and jewelry. Unfortunately, a college dorm isn’t always protected against burglary-it can happen, but the good news is, your homeowner’s insurance will often cover the losses.

Residents in and around the Dallas, TX area interested in learning more information about homeowners insurance should contact Eichelmann Insurance Agency.

 

Does Auto Insurance Help Replace Car Seats After an Accident?

Car accidents are not something that anyone wants to deal with but unfortunately, they are a fact of life. For those that have kids the fear of a car accident is even greater for fear of the safety of your kids as well as the cost of getting new car seats after an accident. For those that live in the Dallas, TX area, the agents with Eichelmann Insurance Agency can help.

Put quite simply your car insurance pays for a great deal more than you might imagine. It pays for the obvious things like your car but it also helps pay for replacement car seats if you have children that still require them. The reasoning behind this is that you are meant to replace a car seat after an accident to make sure that the integrity of the seat is maintained and that your car seat is going to adequately protect your child if they are in another accident. Your car insurance is likely going to help replace car seats after an accident to help make sure your kids are safe when they are in your new car.

In most cases, all you have to do is report that you had car seats in your car and have them added to the cost of the payout by letting your adjuster know that they were present in the car at the time of the accident. In most cases, there is no trouble in adding the car seats to the cost of the payout so that you can get new seats when you buy your new car. For those that live in the Dallas, TX area, the agents with Eichelmann Insurance Agency can help you to find the right policy that is going to protect you and your kids.

The Best Time To Buy Boat Insurance

Summer is right around the corner and if you have a boat in Dallas TX and plan on using it this summer, then you need to have boat insurance coverage. Not only should you want to make sure that your boat is protected but also anyone else who may be spending time on the boat as well as liability insurance for you. You may also be wondering when the best time to buy this type of coverage. Whether you are looking to save money or just want to make sure you have coverage at the right times, here at Eichelmann Insurance Agency, we can help you get everything you need in time for summer.

Essentially, you want to have boat insurance as soon as possible. With the weather heating up, you never know when you will be taking your boat out on the water. Also, the prices can increase during the summer months so you want to make sure you purchase insurance before the costs go up simply because it is a popular time to buy it. You should also keep your coverage on your boat year round, and possibly consider buying different coverage in the off season for lower rates. Even if you are not using it in the winter, it can still get damaged and you want to have it protected.

As you can see, it is important to get boat insurance as soon as possible when you own a boat and you want to keep it active all year long. If you own a boat and want to make sure you have the right coverage, be sure to reach out to us today here at Eichelmann Insurance Agency, serving Dallas TX, to get the right policy in place as soon as possible.

How Cold Weather Can Hinder Your Boat Policy

The Select Insurance Agency wants to help out boat owners stay safe, this upcoming winter. Even if the season isn’t cold, radical weather changes can reduce a watercraft’s lifespan. They can also reduce the effectiveness of a boat insurance policy.

Our agents serving Coppell, TX want to give you a heads up about the cold weather. Check out their tips below.

Understanding Freeze Damage

Your boat insurance policy might not offer coverage for freeze damage. Fortunately, you can prevent freeze damage by winterizing your boat in advance. If a freeze is coming along, or if the weather is about to take a dip, temperature-wise, make sure your boat won’t be harmed by natural events not covered by your policy.

How Can Damage Reduce Your Policy’s Effectiveness?

If your boat is damaged in storage, on the water or on the dock, it’ll increase your future insurance policy premiums. Damaged boats and repair payments contribute to your overall liability as a boat owner. Even repaired hairline cracks contribute to this liability. If you’re considered to be a risky policyholder, you might not get the best rates available.

So, What Can You Do?

It’s a good idea to make sure your boat is stored properly. Cover it with proper ventilation, and try to prevent mold formation as much as possible. Get periodic inspections during the winter, too. Try to discover potential leaks before they occur. Then, let your insurance provider know about any preventative maintenance you’ve conducted.

You can also ask your insurance agent about policies which protect against winter damage. The Select Insurance Agency is here to help you. We want to protect our Coppell, TX residents, and we feel a little knowledge goes a long way. Keep your watercraft protected, and call us if you have any questions.

An Introduction Flood Insurance

You may not associate your Dallas, TX home with flooding, Eichelmann Insurance Agency wants you to understand you don’t have to live on the coast to need flood insurance. For example, thunderstorms settle over the area, inundating it with heavy rains. Your basement floods. Your home insurance does not cover that flood damage. Flood insurance does.

The National Flood Insurance Program

The federal government instituted the National Flood Insurance Program (NFIP) to help reduce the financial impact of flooding. It provides affordable flood insurance to homeowners and business living in communities that adopt and enforce floodplain management regulations.

NFIP maps US communities, identifying their floodplains and areas at risk for floods. It bases premiums on these maps and the structure’s construction features. A homeowner can obtain lower premiums, for example, by raising their home’s lowest story to above the 100-year flood level. Homes raised on stilts or pillars are a common sight on the US East and Gulf coasts.

Floods Happen Everywhere

Floods incur expensive damage and happen frequently. According to the Federal Emergency Management Agency, a flood is the most common natural disaster in the US. It also causes the most financial damage.

Floods occur in every state and a home or business doesn’t need to lie in a high-risk flood zone to experience a flood. In more than 20 percent of the flood claims filed, the flood occurred outside the high-risk area.

Another reason to obtain flood insurance is that a flood’s occurrence doesn’t mean a disaster declaration will follow. A Presidential Disaster Declaration opens the door to federal aid, but flood insurance pays for the damage incurred to your home or business regardless of a disaster declaration.

Although you may not associate your Dallas, TX home with flooding, Eichelmann Insurance Agency knows floods happen everywhere. Call us today to insure your home against a flood. You have to buy it if your home lies within a high-risk area and you carry a mortgage, but you should obtain a policy regardless because floods do happen.

Classic Car Insurance: Protecting Your Baby Beyond the Blue Book

Congratulations! You just bought your first classic car in Dallas, TX and want to protect it with a policy from Eichelmann Insurance Agency.  However, first you need to know how classic car insurance works.

Agreed Value vs. Replacement Value

Your standard auto insurance policy on your daily driver uses the current market value of the vehicle to determine your monthly payment and how much it is worth after an accident.  Your classic car has an intangible value added to it through restoration, minimal use, and a variety of upgrades.  You need an agreed value policy that will pay you the actual value of the restored vehicle, not one that has been on the road constantly for 50 years.

An Appraisal can Help with Added Protection

Even the classic car market has an average value for a 1966 Mustang in pristine condition. If yours is all original condition with only a few hundred miles on it and in the desired trim package, you will want to make sure that it is fully protected. You may need an independent appraiser to provide a revised value so that you can come to an agreement with your insurance company.

Look at the Mileage Usage Section

You can save a little cash on your premium for your classic car by stipulating how much it will be on the road. If your beauty is truly a trailer queen, you can place a mileage limit on the policy which can lower your premium.  However, if you love to go cruising all summer long with the top down, make sure you have the additional coverage needed just in case something goes wrong.

For more information on classic car insurance in Dallas, TX, give your agent a call at Eichelmann Insurance Agency today. 

Should I Increase or Decrease My Life Insurance Benefit?

If you are choosing whether you should increase or decrease your life insurance benefit, you should first know that there are several factors that will come into play. Take for example that your children are no longer living in your home; this can majorly influence the type of benefit that you will want to invest in. Speaking with an agent from The Select Insurance Agency serving the Coppell, TX area can also be of help. For now, let’s take a quick look at the three primary factors that influence whether you should increase or decrease your life insurance policy benefit. 

What can you afford?

The first factor you need to consider when reassessing your insurance policy is the premium rate that you can actually afford. There is no need for increasing your policy if you can’t afford it. With that in mind, you should allocate a predetermined amount of money you can afford to spend on your policy and let your insurance agent customize a plan that can stay within your budget. 

Do you have children living in your home?

If you have children living in your home who depend on you for income, then you will definitely want to make sure they are going to be taken care of financially in the event that you pass away. If, however, children have moved out of your home and no longer depend on you for support since the last time you updated your life insurance policy, then you may want to consider decreasing your policy amount. This will, of course, decrease your monthly premium too. 

To learn more about the ins-and-outs of life insurance and whether you should increase or decrease your policy amount, please don’t hesitate to contact The Select Insurance Agency serving the Coppell, TX area. You can also contact us to learn about other types of policies, including commercial insurance.