Those who rent and work from home need to know that their work-related tools and equipment are generally not covered by their personal renters insurance, though you have several options to gain that coverage. If you live in the Granbury, TX area, our team at Texas Classic Insurance will take the time to review your options and identify the renters coverage that works for you.
Renters Insurance and Working From Home
Working from home has many benefits, but it introduces property and liability insurance issues that depend on whether the work equipment you use is owned by your employer, a business you own, or personal assets occasionally used for business purposes.
Your personal renters’ policy does not cover laptops or other equipment your employer owns. Whether you are liable for damage or loss that occurs while the equipment is in your possession depends on your employer’s policies, an issue you should clarify with them.
Likewise, your renters’ policy covers personal property. It typically does not cover equipment your business owns, but you can often add a rider or endorsement to your policy that covers assets your business owns. Your renter’s policy should cover personal assets that see occasional use for business purposes.
Your personal renters’ policy also does not cover the liability for colleagues or customers injured at your residence. However, adding a business liability rider to your policy can fix that problem.
As always, check with your agent to confirm whether and how your policy covers work-related equipment.
Working with Texas Classic Insurance
Texas Classic Insurance proudly serves the Granbury, TX area. We can help you obtain rental insurance that protects your personal and business assets, so call or stop in today to discuss your insurance needs.
If you own or at least the space you live in, you need to get renters insurance protection. Renter’s insurance provides various coverage that gives you security and peace of mind.
If you require renters insurance, you can trust the professionals at Texas Classic Insurance, proudly serving Granbury, TX.
Renters Insurance Protection
Renters insurance provides security for a covered individual. This type of insurance allows liability coverage and some contents coverage. If there is a fire, theft, or other covered events, this insurance will reimburse covered items and possibly provide housing while repairs are being made. If you have questions about renters insurance or are trying to decide which type of policy works best for your specific needs, we can help.
Our agents work closely with each customer to provide them with information and outline the terms and conditions of each insurance policy. They can carefully assess current and future needs to recommend policies that meet your specific needs. They can also help submit documentation and information to begin policy coverage, handle any changes during the policy’s lifetime, or submit information for claims.
We believe in complete customer service before, during, and after the policy purchase. Let us help provide you with a renters’ insurance policy that meets your needs so you can have peace of mind knowing you’re covered if there’s an event.
Reach Out Today
Residents in and around Granbury, TX, area interested in securing top-quality insurance protection from Texas Classic Insurance, whether it’s renters insurance or any other insurance product, can count on us to assist. Please call or stop by our office to speak to one of our knowledgeable insurance agents. We are ready to serve you today.
Mexico is a beautiful country with a rich culture and history, and it’s no wonder that so many people from Granbury, TX enjoy traveling there. But if you’re planning a trip south of the border, it’s important to make sure you have the right health insurance coverage. So, does your regular health insurance cover you if you travel to Mexico? Let’s take a look.
The Truth about Your Health Insurance and Mexico Travel
If you have health insurance through the Affordable Care Act (ACA), also known as Obamacare, then you may be covered for emergency medical care while you’re in Mexico. However, this only applies if you’re traveling within 125 miles of the U.S. border—so if you’re planning to head further south, into the heart of Mexico, then you’ll need to purchase additional travel health insurance.
Even if your regular health insurance covers you while you’re in Mexico, it’s still a good idea to purchase travel health insurance. This is because most U.S. health insurance plans do not cover the cost of evacuation back to the States in the event of an emergency—and let’s face it, accidents can happen anywhere. So, if you want to be fully covered during your Mexican vacation, consider purchasing a travel health insurance policy to cover your medical and evacuation expenses.
Contact Texas Classic Insurance Before Your Trip
Regarding travel and your health insurance coverage, it’s always better to err on the side of caution. If you’re planning a trip from Granbury, TX to Mexico, make sure you have a travel health insurance policy that will cover you for both medical expenses and evacuation costs. Contact Texas Classic Insurance to make sure you have the medical insurance you need. Then, you can relax and enjoy your vacation knowing that you’re fully protected against any unforeseen emergencies.
Texas Classic Insurance is an independent agency. We serve the Granbury, TX community, as well as the surrounding areas. We work closely with multiple carriers throughout the state to help make sure that our clients are protected if an emergency arises. We will sit down with you and assess your situation. This allows us to offer you a unique policy that covers your assets.
How Renters Insurance Protects Property
The Granbury, TX community is home to several high-end rental properties. If you are moving in, be sure to add a strong renters’ insurance policy. Renters insurance helps alleviate stress. If you plan to welcome guests over or throw a formal party, renters insurance covers you in a potential liability dispute. Perhaps one of your guests gets injured in an accident while visiting you. Perhaps you are hosting a party at your rental property and alcohol is involved, leading to a drunk guest damaging your neighbor’s door or getting into an auto accident. These are common situations where liability coverage can protect you from a lawsuit.
The foundation of your renters’ insurance policy is covering your possessions. Renters insurance covers your possessions if they are stolen. Be advised though, that it is a good idea to add extra coverage if you have high-end items at the property. This ensures that you will be fully covered if you need to replace the damaged items. Renters insurance also includes alternative living coverage. Alternative living coverage protects you if your rental property is damaged, and you need to stay elsewhere until the necessary repairs are made.
Texas Classic Insurance Will Help You Protect Your Assets
Visit our website to learn more information about renters insurance.
At Texas Classic Insurance, we know many Granbury, TX, apartment renters who refuse to buy a renter’s insurance policy. We believe this action is a dangerous type of gambling in which nobody comes out ahead.
Why You Need a Policy
If you’re still not sure that you need a renter’s insurance policy, it is important to grasp why it is such an important thing to add to your bottom line. Just a few reasons why you might need this policy include how:
- The Owner’s Policy Won’t Help You – Your apartment building owner insures their building structures and anything they’ve added to the apartment. Their policy does not protect you or anything you added to the apartment, meaning they’ll get paid and you will not.
- Total Loss is Otherwise Common – When you don’t have renter’s insurance and your apartment burns to the ground, do you know what happens? You lose everything and will have to pay for it again to replace it. Some things, like family pictures, are simply not replaceable.
- Policies Aren’t That Costly – Another thing to remember is that your policy is likely to be surprisingly affordable and easily fit into your rent package. The cost of not getting your goods protected is guaranteed to be much higher than any renter’s insurance policy.
Your policy should help to replace any items in the home, including expensive electronics, your clothing, personal belongings, and anything else that you added to the home.
Get the Policy That You Needle
As you can see, a renter’s insurance policy is a wise choice and is something that you can’t afford to ignore. So if you live in the Granbury, TX area and need a policy that works for you, please call us at Texas Classic Insurance to learn more about your many different options.