All Posts tagged umbrella insurance

Insuring Your Multi-Generational Home

Insuring Your Multi-Generational Home

Insurance Coverage Basics

Millions of Americans are living in homes with multiple generations of their family. While this may not be an uncommon situation, it may create a special situation for your home insurance policy. Knowing how to protect your home and family with the right home insurance coverage can help to ensure that you are covered from any situation that you may face.

  • Personal property coverage – with more people living in one house, it means that there will be more belongings to cover. You should consider increasing the personal property portion of your homeowners insurance policy, and updating your home inventory to make sure that you have the coverage that you deserve.
  • Dwelling coverage – if you have added on any additions to your house to better accommodate your family, you will need to increase the dwelling coverage of your homeowners insurance policy. The more square footage your home has, the more protection you will need to make sure that you will be able to rebuild your home if it is a complete loss.
  • Flood insurance – while your homeowners insurance policy will provide coverage for many perils, it will not provide any coverage for rising waters. With the recent floods all over the state, it has never been more important to make sure that you are covered with the right flood insurance policy.
  • Umbrella insurance – even if you increase all of your insurance policies, it still may not provide enough coverage. With new lawsuits filed every day, your chances of being sued for any issue continues to rise. A personal umbrella insurance policy will provide the extra liability insurance coverage that you need to protect your family and finances from any accident.

For all of your insurance coverage needs, contact  Dean Davis Insurance in Austin, Texas. As an independent insurance agency, we will work with you to make sure that all of your insurance policies are working their best for your needs.

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Insurance Coverage for Your Holiday Parties

Insurance Coverage for Your Holiday Parties

With the holidays just around the corner, you may find yourself planning a holiday party for all of your friends and family. While planning your party, it is important to make sure that you are protected from any unfortunate event with the right insurance policy. As the host of a holiday party, you can be held responsible for any actions of your guests once they leave your home, especially if you serve alcohol.

As a party host, there are many situations that you may be found liable. If one of your guests leaves your party intoxicated and gets into a car accident, you can be found liable for any damages that are caused. You can also be found liable for situations that occur at the party, like if a guest slips and falls in your home or becomes ill after eating the food that you serve.

When it comes to protection, the right insurance policies are the best guard. Your homeowners’ insurance policy will typically provide enough coverage for common party incidents. Before you start planning your holiday party, make sure to talk with your insurance agent to ensure that you have the right amount of coverage.

In addition to your homeowners’ insurance policy, you should also consider investing in a personal umbrella policy. An umbrella policy will provide extra liability needed if the liability of your homeowners insurance policy runs out. An umbrella policy will only kick in once the liability limits of all your other insurance policies are exceeded.

For all of your homeowners and umbrella insurance needs, contact the insurance professionals at the Insurance Agency of Dean Davis in Austin, Texas. We will work with you to ensure that you have the right amount of protection for all of your holiday parties.

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