One of my clients in Frisco, Texas sent me an email last weekend. Her family’s home is located in a neighborhood that was struck by hail, some of it measuring between baseball and softball size. A flurry of roofers showed up in their neighborhood and began knocking on doors to solicit business and my client wanted to know if she should file a hail claim.
Texans have long proclaimed that everything is bigger in Texas! If you look at the population growth numbers for the top ten metropolitan areas from July 1, 2012 to July 1, 2013, that’s been especially true for Texas. In a Dallas morning news story published on Thursday, March 27, Texas has two of the top ten metropolitan areas in the country. They are Houston and Dallas / Fort Worth.
Flood insurance popped up on the national news feeds in late March of this year. The Biggert-Waters Flood Reform Act of 2012 (BW-12) went into effect in October of 2013 impacting home and business owners along coastal areas of the Gulf of Mexico and Atlantic Ocean, as well as in the Missouri River Basin (see http://50.87.248.161/~wiseinsu/flood-insurance-reform-act-of-2012/).
The floor for the Final Four is laid and ready at AT&T Stadium, the home of the Dallas Cowboys. Additional seating has been added, the concert venue has been prepped and the countdown to the tip off for the NCAA’s Final Four is well underway. College basketball’s flurry of activity to crown a national champion is one of the biggest sporting events of the year, only rivaled by the NFL’s Super Bowl.
I received an email from a friend and client of mine a couple of weeks ago. She’s a single executive in her 40’s at a company in Dallas and she wanted to meet for coffee to discuss long term care insurance. Her email contained an amount of coverage she wants to have, so I gathered the information I needed to construct a quote to help guide our discussion.
The last time I was “awarded” a speeding ticket was 10 years ago. Jonathan, his mom, and I were headed to College Station, Texas to celebrate Jordan’s birthday. I turned off I-45 in Madisonville when a local police official pulled behind me, switched on his lights, and pulled me over for speeding. I was, tried to talk my way out of it (I wasn’t paying attention, etc.) but it didn’t work; I still ended up with a speeding ticket.
A friend of mine is engaged and will marry soon. The fiancé’s dad passed away recently without any life insurance. This put the family in the position of having to pay for all of the funeral related expenses. With the average cost of a funeral running $10,000 or more, this can put a financial strain on the surviving spouse and adult children at a time that’s emotionally difficult
I talked with a prospective client last week. She’s rolling off her parent’s car insurance policy and having to buy her first car insurance policy. She’s a little nervous about the car insurance being added to her overall budget but is ready financially and can handle it.
Last week, I helped a family in Allen, Texas change their home and car insurance from the carrier they were with to one of the insurance companies we work with. The wife and I were reviewing what the new home insurance policy covered and she asked an excellent question: does the new policy cover the air conditioning unit? Instead of simply answering her question, I wanted to confirm what she meant by the policy covering the air conditioning unit. It turns out, she wanted to know if the home insurance policy will replace their A/C unit when it wears out.
I’m currently working with several small business owners regarding their commercial insurance needs. One of the questions each of them have asked is what commercial insurance do they need to adequately protect themselves and their businesses. The answer is it just depends on the business. Some need general liability, others need business property coverage, and a couple need professional liability or errors and omissions (E&O) coverage.
Subscribe to my newsletter by filling the form below.
A confirmation email will be sent to your mailbox: please read the instructions to complete the subscription.
