Can you add a motorcycle to your auto insurance?

Posted on by admin

When you are hitting the road in Texas, whether it is in an auto, truck or motorcycle, you need to know that you have the coverage you need to feel protected. Some insurance is mandated by the state and some others are optional, but no matter which way is right for you, Alloy Insurance Partners in Dallas, TX  is here to make sure the coverage you have is customized to your needs. As independent agents, we can offer more choices and we are dedicated to making sure our customers can drive without worrying about their insurance coverage, letting them down. 

When you want to add another vehicle to your auto policy, it is usually as simple as giving your insurance agent a call and giving them the vehicle particulars. This is not the case with a motorcycle. While motorcycles are mandated by the law in Texas to have the same coverage as a car or truck, they are not considered the same when it comes to insurance. 

To add a motorcycle to your auto policy, you must add an endorsement. Not every insurance company will allow this. Your independent insurance agent can tell you if your insurance carrier allows you to add a motorcycle endorsement.  If they don’t, you have two choices. You can change companies to go with one that will allow a motorcycle endorsement or you can buy dedicated motorcycle insurance and try to bundle the coverage with the other insurance you have with that carrier. 

When you bundle different policies with the same carrier, it usually makes you eligible for a multi-policy discount. This is an important consideration when you are trying to get the motorcycle insurance that you need and want. 

Contact Alloy Insurance Partners in Dallas, TX when you are looking for auto or motorcycle insurance.

Tips for Buying Homeowners Insurance for First Time Buyers

Posted on by admin

Homebuyers often do not think about budgeting for insurance, especially if it is their first home. At Alloy Insurance Partners in Dallas, TX, we want to eliminate the confusion and headache of purchasing your first insurance policy. Here are some tips to make a wise decision.

Determine the Right Amount of Coverage

Look to ensure the home for replacement cost and not market value. It’s best for one of our agents to assess your property to accurately determine the coverage needs. You’ll want to make sure that your policy covers at least 80% of your home’s value. 

Understand Your Policy

It’s important to know what your policy covers and what it doesn’t. One of our agents will ensure that you select the coverage that meets your needs and your budget. You’ll be made aware of any exclusions to determine if you want to leave them out or not. We take pride in total transparency to our customers. 

Determine your Out of Pocket Figure

The deductible is the amount that you are responsible for paying before the insurance takes over. The monthly premium is lower if you raise your deductible. However, you’ll need to determine if you can afford that amount if there is a claim. We’ll help you navigate through the different options and what options work best for you. 

Moving into your first home is exciting, and choosing the right policy is one less thing that you should worry about. At Alloy Insurance Partners in Dallas, TX we are prepared to provide you with the answers to all of your questions regarding your first home insurance policy. Stop by our office to find out more about policies and coverage for first-time buyers. We look forward to helping you. 

Auto Insurance and Motorcycle Insurance Basics in Texas

Posted on by admin

When you are looking for auto insurance or motorcycle insurance in Texas, you need to know that this is with an at-fault state. That means that Texas law will require you to have auto insurance or motorcycle insurance that will protect you financially in the event of an accident. 

At Alloy Insurance Partners, we want Dallas, TX residents to feel secure when they are on the roads. We can help you to design the auto insurance and motorcycle insurance policy or bundle to meet your needs.

Auto Insurance

In Texas, you have to have bodily injury liability and property damage liability for your vehicle. 

• Bodily Injury Liability – Coverage for medical bills and expenses for other drivers in a collision and any passengers
• Property Damage Liability – Coverage for property repairs, including buildings, fences, or property damaged during a collision

Additional coverage that you can get for auto insurance includes personal injury protection, collision insurance, comprehensive insurance, uninsured motorist protection, towing and labor, and uninsured motorist property damage.

Motorcycle Insurance

Motorcycles in Texas are required to be insured. These drivers will also have to be required to prove they can cover the losses in an accident or collision.

Motorcycle insurance is very similar to auto insurance. Minimum motorcycle insurance requirements include bodily injury liability and property damage liability. There are additional coverages you can get for motorcycle insurance for added protection such as personal injury protection, collision insurance, comprehensive insurance, and towing insurance, among other types of coverages.

Get a Quote

When you are looking for auto insurance or motorcycle insurance, get a quote from Alloy Insurance Partners. We can help Dallas, TX residents find the insurance policy or bundle that best meets their driving needs. Call us for a quote today!

Doing a risk assessment of your home

Posted on by admin

Life is risky and your home no matter how careful you are is filled with potential for risk. You need to make sure you know what the risks are and have insurance to protect you from any problems that might be caused by those risks. At Alloy Insurance Partners in Dallas, TX, we understand risks, and we have the experience to help you find the solutions to mitigate those risks. 

Pets

Your dogs are members of your family; it is hard to imagine that they are a risk. However, depending on what breed they are they may not even be covered by your home insurance. Check with your agent to make sure you have coverage and of course make every effort to keep problems from happening by leashing your dogs when they are outdoors and getting training, so they don’t jump on or accost any guests you have. About 1/3 of all home insurance liability claims are for dog bites. 

Swimming pool

A swimming pool is a great place to enjoy the warm weather, but it also places an increased risk on your home insurance. Pool-related accidents are risks you assume when you add a pool or buy a home with a pool. Make sure that the fencing that surrounds your pool meets all local regulations. You need to make sure your pool can not be accessed by neighborhood children when you are not in the pool area. 

Trampoline

A trampoline is what can be referred to as an attractive nuisance. It poses a danger to children who will want to use it even if they have not been invited into your yard. 

Owning a home comes with lots of risks. At Alloy Insurance Partners in Dallas, TX, we make sure our clients have enough liability coverage to protect them from the risks they have, 

Life Insurance Isn’t Just For The Elderly

Posted on by admin

Talking about life insurance isn’t something most people are comfortable with. It isn’t usually dinner conversation or over a drink at the bar. Most people avoid the thought of it altogether, but it really is too important not to discuss. At Alloy Insurance Partners in Dallas, TX, we have 25 years of experience providing the best products to our customers along with the level of service they have come to expect.  

If you think life insurance is just for the elderly you are very much mistaken. Hopefully, that will be your condition when your beneficiaries collect on your death benefit but in the meantime, there is a lot of life and planning to do. Planning that involves your life insurance should begin at as young an age as you can afford to make the investment. Once you have a full-time job, you may get some life insurance from your employer as a part of your benefits package. When you are young and healthy, life insurance is more affordable than when you get older and are perhaps not quite as healthy. 

One of the most important times to think about life insurance is when you get married and start a family. This is the time of your life when you have need of the protection offered by life insurance. Your children will be dependent on your support for as long as they are still in school, including college and even graduate school. It is important to make sure if anything should happen to you, they will be able to remain in the family home and maintain their lifestyle. 

After your children are grown and settled, your need for life insurance will decrease but perhaps not go away altogether. Life insurance needs can last a lifetime. 

Give Alloy Insurance Partners in Dallas, TX a call when you have life insurance needs. 

I Paid off the Mortgage! What Changes do I need to make to my Home Insurance?

Posted on by admin

Congratulations! You have finally cleared the debt on your Dallas, TX home. Your friends at Alloy Insurance Partners want to remind you that now is a great time to review your home insurance policy and make sure it is completely protected. 

Review the Current Assessment and Compare to Your Coverage

You were paying lower taxes on the property twenty or thirty years ago when you first bought it. Your home insurance policy is often based on the assessed value. Take the time to make sure that your policy reflects the increase in value that the property experienced over time. This ensures that if you suffer a catastrophic loss, you will be in a better position to rebuild without emptying your savings account.

Are Your Fine Art and Collectibles Listed on the Policy?

Over the years you have probably added a few of the finer things in life to your possessions. Jewelry, art, collector cars, and other unique items should be itemized on your home insurance policy with a stated assessed value. Should your home ever be attacked by thieves or vandals, you will be fully compensated for the loss of those valuable pieces.

You may also want to check the liability and medical payments section of the policy. A simple injury costs a lot more to treat now than it did when you first signed on the purchase and sale agreement all those years ago.

While you may still be living in the same home in Dallas, TX after 30 years, you should not assume that the same home insurance policy will properly care for you and your family. Give us a call at Alloy Insurance Partners to review your coverage and bring it up to date.

Three things to know about auto insurance quotes

Posted on by admin

One of the most important things you need to do when you’re on the market for auto insurance is to get quotes on policies from a few different insurance providers. At Alloy Insurance Partners, we are a provider of auto insurance in Dallas, TX. 

The following are three things to know about auto insurance quotes. 

Getting an auto insurance quote typically doesn’t take long.

You can generally get an auto insurance quote quickly from an insurance provider. You just need to provide some basic information about yourself to get a policy quote.

You generally just need to provide some basic information on what type of vehicle you drive, where you live, and what your driver’s license number is to get a quote. 

You can get a quote on an auto insurance policy over the Internet.

The Internet is a great resource when you’re looking for a quote on auto insurance coverage. You can take advantage of comparison websites on the Internet to get quotes from numerous providers at the same time. This is a great way to find the most cost-effective policy for your needs. 

You can specify coverage preferences when you get a quote. 

You’ll generally need to enter some information on what types of coverage you want to purchase when you get a quote. This way, the quote that you get will specify the types of coverage you’re hoping to purchase. You’ll specify whether you want collision or comprehensive coverage. You could also specify how much coverage you want and what your deductible will be. 

Do you need a quote on an auto insurance policy in Dallas, TX? Let us help you out at Alloy Insurance Partners. Contact us today for a quote on a policy to cover your vehicle. 

Benefits of flood insurance for TX home owners

Posted on by admin

Alloy Insurance Partners understands that many residents in the greater Dallas, TX area may be confused about floor insurance and if they should have it. Of course, if you live in a flood zone, your lender will require you to have this coverage, but what if you’re outside such areas? It is our belief that it’s important for homeowners to be knowledgeable about floods and insurance coverage so that they can make a wise decision. 

Benefits of flood insurance

With flood insurance protection in place, area residents can enjoy greater coverage for their Texas homes, both inside and out.

  • Protection for your home – typically, primary homeowner policies do not cover all types of water and storm damages. With a separate flood insurance policy, you gain additional protection for your family home. Even in instances where it is not required, obtaining flood insurance is a smart move.
  • Protection for your belongings – your home and your belongings are covered by separate policies, and it’s important to have both! Texas experienced heavy storms that can create flooding, and the resultant water can damage both your home and its interior items. 

Hurricanes do affect the Dallas region, and with them come damaging storms that can create a flood situation. Because of this, it is strongly recommended that all citizens carry flood protection regardless of their home’s location and flood zone status. Rest easy knowing that your home and possessions are protected no matter what Mother Nature throws at them!

Find out more about flood insurance today

If you are a homeowner in the greater Dallas, TX area, you can rely on Alloy Insurance Partners for all of your insurance needs. To find out more about flood insurance, call or stop by our office today!

Why should we get commercial insurance in Dallas?

Posted on by admin

Dallas, TX is one of the largest metropolitan areas in the entire country. Today, there are millions of people that live in the area and many more that visit for work and tourism. When you are in Dallas, these factors can make it a great place to own a business. However, business owners do need to consider risks that exist and determine ways to mitigate them. One way to mitigate certain risks is by getting a commercial insurance plan. There are many reasons businesses here need this coverage.

Insurance Will Protect Financial Viability of Company

A key reason that you should get commercial insurance for your Dallas business is that it will protect the financial viability of your company. Businesses in Dallas have many risks that they need to mitigate. Some risks that could affect the future of your company include the risk that certain assets are damaged or if you are sued for liability. With commercial insurance, you can protect against these risks.

Insurance is Required for Most Businesses

Additionally, most business owners in the Dallas area will find that they are actually required to carry commercial insurance. Business owners that take out a loan or raise equity will have commercial insurance requirements set by their investors or lenders. If you do not carry these policies, you could be severely penalized. 

A business that is in the Dallas, TX area is going to need to have proper insurance coverage. If you are going to search for commercial insurance here, Alloy Insurance Partners should be your first call. The professionals with Alloy Insurance Partners understand the complexities that come with picking a commercial policy. They can help you by fully evaluating your needs and explaining your options. This guidance will help ensure that your business remains properly covered at all times. 

Common Myths About Flood Insurance

Posted on by admin

When it comes to flood insurance, there are many misconceptions about it. Alloy Insurance Partners serving clients in Dallas, TX  and other surrounding towns has prepared a list of the most common myths about this type of insurance that you should be aware of: 

Myth 1: Flood Damage is Covered By Standard Home Insurance

The truth is that normally home insurance policies do not cover flood damage. That is why it is important to consider a separate flood insurance policy, especially if your home is located in a flood-prone area.

Myth 2: Only Homeowners Can Purchase Flood Insurance

Actually, flood insurance is available not only to homeowners, but also to renters, business owners, and condos. The best way to get more information about it is to talk to an insurance agent, who will be able to answer all the questions. 

Myth 3: Only People Living in the Special Flood Hazard Area Are Qualified for Flood Insurance

Anyone who lives in the community that voluntarily joined the National Flood Insurance Program (NFIP) can purchase flood insurance. If you live in a community that does not participate in NFIP, you can make a request for it to do so through the city commissioner’s office, city council, or mayor of your city. 

Myth 4: You Have to Wait Until a Rainy Season  to Purchase Flood Insurance

You need to be proactive when it comes to purchasing flood insurance. In most cases, there is a 30-day waiting period before a policy goes into effect. Therefore, it is actually recommended to get flood insurance as soon as possible and not to wait until a rainy season. 

Flood insurance is an important type of insurance because it proves additional coverage to your home and belongings in case a flood happens. Now you know the most common misconceptions about it and you will be able to find a policy you need. If you need help, Alloy Insurance Partners serving clients in Dallas, TX will be glad to assist you. Do not hesitate to give us a call or visit the website.