All Posts tagged policy

Myths and Misconceptions About Bicycle Insurance

Myths and Misconceptions About Bicycle Insurance

Ride easy by learning what the bicycle insurance myths are and how it can cover you!

With gas prices steadily rising every month, it’s no surprise that people across the nation are turning to bicycles as their main form of transportation.

Bicycles have increased in popularity, and is now the third most popular outdoor activity among adults, with 12 percent categorized as “frequent cyclists”. For children, the percent is steady 22%.

While the basics of bicycle safety are well known (wear a helmet, utilize reflectors, and be visible and alert at all times), many cyclists are unaware or misinformed concerning the steps that they can take to further protect themselves and their bicycle!

Bicycle insurance is a specialized, stand-alone policy that can cover liability, loss, damage, and even some medical payments. With many myths pedaling around, cyclists should know the facts when it comes to insurance!

Myth No. 1: My homeowners insurance policy will cover a stolen bike.
Fact: Some (and we stress, some) homeowners insurance policies will cover the theft of a bicycle if it is listed under the policy. Even if your bike is covered, policies often have low coverage limits for things like sporting equipment. Owners who fall victim to theft may be faced with the replacement cost due to low coverage limits and high deductibles.

Myth No. 2: If I buy a secure bike lock, my bicycle won’t get stolen.
Fact: While bike locks do deter thieves, it doesn’t mean that the bike won’t get stolen. Expert thieves can easily spot high-value bikes, and even with the best bike lock on the market, they know how to make a bike disappear.

Myth No. 3: Only professional cyclists need insurance.
Fact: Whether you ride around the block with your children or pedal to and from work every day, protecting against liability, damage, and losses can protect your bike, family, and finances! After all, most people aren’t professional racecar drivers but we’re required to carry auto insurance on our vehicles.

Are you ready to receive optimum now that you know bicycle insurance myths and misconceptions! Contact the insurance professionals at the Insurance Agency of Dean Davis, serving Austin, Texas for your bicycle insurance coverage.

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Top Apps to Rock Your Road Trip!

Top Apps to Rock Your Road Trip!

From got-your-back navigation tools to the best bathroom-pit-stop finders, download these handy apps!

Does your family have a road trip planned? Perhaps you and your buddies are hitting the open road soon? Whether it’s a spring getaway or a summer vacation, there’s a certain amount of planning that every driver should do.

Before you venture off into the distance, install these apps on your smartphone! Not only can they save you a bundle of time on the road, but it ensures the seamless getaway that you’ve always wanted.

Waze: The king of navigation apps, Waze offers multiple routes, real-time traffic updates, notifications about speed traps, and the power to compare gas station prices around you. It’s updated by regular drivers and is available for iPhone, Android, and Windows phones. If the traffic ahead is predicted to have you sitting on the freeway for hours, the app will automatically re-route you so you avoid it!

Along the Way: This is the perfect guide for planning a trip in an unfamiliar territory. You can find parks, bars, shops, and landmarks along your route without detouring and excessively wandering!

Songza: Limited with your iPod and Pandora’s music station? Songza allows you to search for music and playlists based on your mood, genre, artist, activity, or decade. The playlists can be whittled down to specific feelings (think “driving in the second lane”), so be sure to grab this app for the perfect soundtrack! 

H-D Ride Planner: For all those motorcyclists out there, we haven’t forgotten you! Plan your route and select the scenic terrain with this app. It allows you to sync it to your dash-mounted GPS device for easy access and safe riding.

Whatever your road trip plans, be sure to review your auto insurance coverage before heading out on your travels! Securing a reliable policy will keep your family, finances, vehicles covered! Contact the Insurance Agency of Dean Davis in Austin, Texas today to get started on your policy!

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Maintain Your Homeowners Insurance During Your Move!

Maintain Your Homeowners Insurance During Your Move!

It’s home-buying season! Be sure to keep your homeowners insurance during the switch.

Spring has well and truly sprung in Austin, Texas, leading many homeowners to put their home on the market and plenty of deals are closing. During the midst of planning, packing, and organizing the move, it’s easy to forget about your homeowners insurance coverage.

Now, more than ever, is the time ensure that you have your homeowners insurance coverage maintained – and for the right property! Should you move house and your new home suffers from a fire or theft and your homeowners insurance policy has not yet been switched, you’ll be left with a hefty expense of repairing and replacing your belongings – and wishing you’d sprung for coverage.

Time It Right
Ideally, call your home insurer before you put an offer in on a house. The insurer will be able to discuss the cost of insurance and some risks that you may face in buying that new home. The aim is to cancel the old policy on the data that you no longer have ownership of the property and start the new policy on the date that you have ownership of the new home.

Nine times out of ten, your closing date will get pushed back. Therefore, most insurance companies contact the homeowners after the closing to make sure that the house has actually closed.

Mortgage Approval
In most cases, mortgage companies may request certain conditions in connection with the policy. Contacting your insurer early can also make sure that you don’t experience any setbacks with the lender.

Are you ready to receive all-encompassing homeowners insurance protection? Start your experience in your new home on the right foot by protecting your home and belongings! Visit the insurance professionals at the Insurance Agency of Dean Davis in Austin, Texas to get started on your home policy!

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What Home-Based Business Owners Need To Know About Car Insurance

What Home-Based Business Owners Need To Know About Car Insurance

Finding the right commercial auto insurance policy for your Austin, TX home business.

More and more people are starting their own home-based businesses, helping to change the way that the business world runs. Before you decide to open your own business at your house, it is important to make sure that you know what it means for your insurance coverage. Keep these commercial auto insurance for home businesses considerations in mind to ensure that you have the right amount of protection.

Many home-based business owners assume that their existing car insurance policy will provide coverage when they are using their car for business purposes. No matter if you are making deliveries or visiting clients, your current auto insurance policy will most likely not be able to provide any type of protection in case you are in an accident.

In some cases, you may be able to add a rider onto your existing auto insurance policy to provide coverage while using your car for work. However, this is typically only the case if you make the occasional delivery or client visit. If your vehicle is a vital part of your business, such as if you run a shuttle service, you will need a specific commercial auto insurance policy.

If you are trying to sneak by without telling your insurance company about your home-based business, you may find yourself in even more trouble. If you make a claim to your personal auto insurance company and they find out that you were using your vehicle for business purposes, they may deny your claim, which can mean you will have to cover all of the damages out of your own pocket. They may also cancel your policy, leaving you without any type of coverage.

To ensure that you have the right commercial auto insurance policy for your home based business, contact the Insurance Agency of Dean Davis in Austin, Texas.

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Common Insurance Policy Myths Debunked

Common Insurance Policy Myths Debunked

Insurance Misconceptions

Most people do not consider insurance the most riveting topic of conversation. However, not talking about insurance can lead to you not fully understanding all the benefits that your policies offer. Know the truth behind these insurance policy myths to ensure that you have the right amount of coverage.

  • Insurance is a waste of money – if you ever have to deal with a loss, you will be glad that you have insurance. Without insurance coverage, you will be left paying for any repairs that are needed after an accident at your house or with your vehicle.
  • Let your insurance company know about every issue – while you have the option to let your insurance companies know about each and every issue that you have, small issues may be better left fixed on your own. The more claims you make to your insurance companies, the higher your premiums will be.
  • Everyone needs life insurance – if you do not have any dependents or an income, you may be able to skip out on life insurance. Keep in mind that the younger and healthier you are when you invest in a policy, the cheaper your premiums will be, so you may want to consider investing in a policy before you reach any major life milestones.
  • All real health insurance policies have a copay – some health insurance policies require you to pay a percentage of the total medical bill as opposed to a copay, while others will reimburse you after you cover the total cost. Not all legitimate health insurance policies come with a copay.

Contact the Insurance Agency of Dean Davis in Austin, Texas for all of your insurance coverage needs. We will work closely with you to make sure that you invest in the right policies that will meet your specific needs, all at the right price.

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Start Saving Money On Your Life Insurance With These Tips

Start Saving Money On Your Life Insurance With These Tips

Life Insurance Savings

Life insurance can be one of the most confusing insurance policies to buy. However, it is also one of the most important since it will provide financial coverage for your loved ones when you are gone. To start saving money on life insurance while protecting your family, take the time to compare these life insurance features.

  • Coverage options – not every life insurance company will offer the same policies with the same features. Getting quotes from various companies will help you decide which coverage options will work best for your needs.
  • Discounts – one o the best ways to save on your life insurance policy is to take advantage of all the discounts that you can qualify for. Different life insurance companies will offer different discounts, so talk with your insurance agent to find out which company will offer the best discounts for your specific situation.
  • Company reputation – one of the main deciding factors when choosing a life insurance policy should be the reputation of the company. A life insurance company with an unreliable reputation may lead to unpaid claims or a lack of coverage when needed. Look at the company’s rating with the Better Business Bureau and check customer reviews.
  • Lowest cost – if you find a few life insurance policies that meet all of your needs from reputable insurance companies, go with the one with the lowest cost. There is no reason that you should have to pay more for the same amount of coverage and options when you can get it for a lower price.

For help finding the right life insurance policy that will meet your needs, contact the Insurance Agency of Dean Davis in Austin, Texas. As an independent insurance company, we will work with you to make sure that you have the protection that you deserve, all at the right price to fit your budget.

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How To Avoid A Cancelled Auto Insurance Policy

How To Avoid A Cancelled Auto Insurance Policy

Auto Insurance Cancellation Basics

When you enroll in a new auto insurance policy, you are most likely not thinking about when you are going to cancel it or if you should renew the policy. However, taking the time to fully understand auto insurance cancellation and non-renewal can help to make sure that you are not left without any coverage on the road.

Auto insurance non-renewal happens when your insurer decides that you are not worth the risk to continue your coverage. Having too many claims or a poor driving record can lead to non-renewal. Your auto insurance provider will need to give you at least a months notice for non-renewal. Keep in mind that once you have a non-renewal status, it will put an unfavorable mark on your insurance record.

Auto insurance cancellation can be a little bit more serious and can be the result of violating any terms of your policy. The issue can be the result of an arrest for a DUI, late payment, or insurance fraud, which can lead to your insurance company cancelling your policy at any point. Your auto insurance company is not required to notify you if they decide to cancel your policy, which could mean scrambling to find a new policy so that you do not have to deal with a lapse in your coverage.

The best way to avoid non-renewal or cancellation is to enroll in automatic payments so that you never miss your premiums. Following all the rules of the road and avoiding any tickets or other violations can also help to reduce your chances of cancellation or non-renewal.

For all of your auto insurance needs to make sure that you have the coverage that you deserve on the road, contact the Insurance Agency of Dean Davis in Austin, Texas.

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