Reasons to review your life insurance

Most people have at least one life insurance policy even if it is only one administered by their employer. Life insurance provides valuable protection and offers benefits as well depending on the type of policy you have. Over time things change in your life and when your life changes your need for life insurance also changes. At D&B Insurance Solutions in Dallas, TX, our experienced agents are here to help you make sure your coverage stays up to date with your needs. 

Changing jobs

In today’s job market, you may not stay with one employer very long. If you are getting your life insurance as a benefit of your employment, every time you change employers your policy will also change. That means coverage may be different and it may have a grace period. If this is the way you will be living for the foreseeable future, buying a life insurance policy of your own is probably a good idea. It gives you control over the type and amount of life insurance coverage you have. 

Getting married

Once you have taken the next step in your life and gotten married, it is time to reevaluate your life insurance coverage. You may want to change the beneficiary on your life insurance at this time so it a good opportunity to discuss your coverage with your local independent agent. 

Children

When children enter the picture you should take a good look at how long you will need to provide for them and the amount of life insurance required. Something between seven and ten years of income is usually suggested. The amount that actually represents depends on your annual income. 

If it is time for you to review your life insurance in Dallas, TX, D&B Insurance Solutions has an experienced team of agents who will be happy to discuss your life insurance needs with you. 

What is a business owner’s policy (BOP)?

In Dallas, TX, much competition exists when starting a business. You need to give yourself every edge that you can. One valuable tool D&B Insurance Solutions can provide, your business owner’s policy (BOP), protects your business from unexpected loss.

Regardless of whether your business just began or has existed for years, you need BOP coverage. BOP insurance coverage protects your business in four key ways: liability, named perils, property damage, and business interruption. The advantage to the BOP is you obtain four coverages for a reduced price. You could purchase four separate insurance policies to obtain the same coverage, but you would pay higher premiums.

A BOP insurance package provides you the essentials needed by most businesses. You can also purchase other policies to add to it. These types of commercial policies include options like commercial auto, boiler, glass, inland marine, and crime insurance. Customization of your policy lets you obtain just the coverage your company needs.

For example, you start a business located in a strip mall. On either side of your storefront resides another business. Your dry-cleaning business gets flanked by an ice cream shop and a dentist’s office. All three businesses purchase a BOP, but each adds a different policy to it. Your dry-cleaning business requires inland marine insurance, while the dentist carries a malpractice policy, but the ice creamery adds an umbrella policy for increased liability coverage. All three save money by starting with a BOP.

Let D&B Insurance Solutions help you obtain a BOP and customize the policy to your needs. We serve the Dallas, TX metro area, including Ft. Worth and Plano. Call us today to learn more or set an appointment for a consultation.

Do I need to have auto insurance in Texas?

Those that are in the Dallas, TX area and are looking to make their lives as easy as possible should consider investing in a car, which will make it more efficient to get around the whole metro area. As you are looking for a new vehicle here, you need to get insurance too. The average car owner here will need coverage for a few different important reasons. 

Coverage for Vehicle is Required by Auto Lenders

A common way that people pay for their vehicle is by taking out a loan. As long as your loan is outstanding and the bank has a vested interest, they will require that you carry a full auto insurance policy that has both collision and comprehensive coverage. If you do not have this type of auto insurance, you could be found in violation of your loan agreement.

State Driving Requirements

In Texas, you also need to have auto insurance to ensure that you are in compliance with local laws. This state will require that all drivers continue to maintain proper liability auto insurance whenever they are on the road. This coverage will provide assurances that you can pay for damages if you are at fault in an accident. 

In the Dallas, TX area, there will always be a reason to own a car. Vehicle owners here will continue to benefit from having proper insurance coverage. Anyone that is going to look for a new insurance policy here should speak with State Insurance Solutions. If you do call the team at State Insurance Solutions you will get to learn far more about how the insurance can protect you and your vehicle. This will also help you pick a policy that will keep you in full insurance compliance. 

3 Benefits of Life Insurance in Dallas TX

Preparing for death is not something many of us want to think about. However, the inevitable happens and we want to make sure our loved ones are well taken care of after we pass. That’s why it is so important to have a life insurance policy. This investment in the future of your loved ones has so many benefits. At State Insurance Solutions we understand the importance of taking care of your family. Read on to learn more about life insurance in Dallas, TX.

1. Pay off Debt

Chances are you’ll have debt when you die; credit cards, mortgage, auto loan, or other debt needs to be paid off or transferred, as in the case of a mortgage, as part of settling your estate. You may leave your mortgaged home to your children, however, they need to be able to pay the mortgage. If not, you can opt to have the mortgage paid off before bequeathing the property. 

2. Leave Money to Loved Ones

After you’re gone, you’ll want to be sure your family is provided for financially. The best way to do this is to leave money to them. Life insurance is a big part of this. Even if you have savings, this could go to paying off debt and you never know when you may incur more debt. You could fight a long, expensive illness, for example. However, with life insurance, you can be sure your family will have money left for them. If you’re single, these funds will help pay for your burial expenses.

3. Peace of Mind

Knowing you have everything covered when you pass brings peace of mind in daily life. And that is what living is all about; family, happiness, and peace of mind.

To learn more about purchasing a life insurance policy, contact the team at State Insurance Solutions today.

Do all Dallas businesses need commercial insurance?

The Dallas, TX area is one of the largest metro areas in the country and is also one of the fastest-growing. This helps to make it one of the best places to start a business. If you are interested in starting a business here, you should carefully consider all of your insurance needs. One form of insurance that all businesses need to get is commercial insurance. This could provide you with the protection that you need for your business to thrive. There are several reasons why this should be considered a necessity for all businesses.

Insurance if Often Required

One reason that you should get commercial insurance is that it is often required for businesses to have. A business that has taken out a loan leases a place of business or has raised capital from savvy investors will likely have commercial insurance requirements. These entities usually require insurance as they know the protection that it provides. It is important to understand your commercial insurance requirements when building a policy.

Insurance Provides Valued Protection

Even if having a commercial insurance policy is not required for you to have, you should still get it. A full commercial insurance policy offers some very important coverages including asset and liability protection. Both of these types of coverage could help to keep your business solvent during some challenging situations.

As you are shopping for commercial insurance in the Dallas, TX area, calling State Insurance Solutions is a good option. Commercial insurance is a very complicated form of coverage and State Insurance Solutions can help to explain your options to you. When you call them, you will receive a full business evaluation. This could then make it easier for you to pick a policy that offers the right coverage. 

What type of life insurance is right for me?

Anyone that is in the Dallas, TX area needs to spend carefully assessing their personal insurance needs. One of the most important forms of insurance that someone could have would be life insurance, which helps to ensure that your loved ones are cared for if you were to pass away unexpectedly. If you are looking for life insurance, there are a variety of options available. It is important to consider the features of the most popular options when you are looking for your next policy.

Term Life Insurance

A term life insurance policy is a type of policy that is designed to provide you with coverage for a specific period of time. When you get term life, you will get to curtail the policy to meet your needs. This could include choosing the term length, the amount of coverage, and other factors to ensure you receive proper coverage. In a lot of situations, this will give you more coverage for a lower premium. 

Whole Life Insurance

Another popular form of life insurance coverage is whole life insurance. This type of insurance coverage will provide you with coverage for as long as you want it, as long as premium payments are made. While premiums tend to cost more, they do accrue in value and could eventually be liquidated or used as a form of collateral against certain types of loans. 

Choosing a life insurance policy in the Dallas, TX area is very important. When you are looking for insurance, you should reach out to the team at State Insurance Solutions. If you do call State Insurance Solutions, you can learn a lot more about the benefits of each option. Based on this assessment, you may be able to pick a policy that meets your needs. 

3 Ways to Protect Your Business From Storm Damage

Storm damage can devastate your business even if you have sufficient coverage. The agents of State Insurance Solutions are available to assist business owners in Dallas, TX and the surrounding areas find ways they can protect their business from damage caused by storms. 

Properly Maintain Your Roof

Properly maintaining your roof will prevent storms from making small problems worse. Having your roof inspected once a year, will allow you to make any necessary repairs before the strong winds and rain associated with hurricanes and other severe storms can cause extensive damage. Even simple repairs will ensure that small problems stay small.

Keep Your Property Free of Debris

Walk your property often and pick up any limbs or other types of debris and trash. Loose debris and trash can easily become airborne, damaging your siding, windows, and roof. Keeping debris to a minimum will not only keep your property looking its best but also ensure that there is little that can be tossed around during a heavy storm.

Protect Your Windows

Installing awnings that can be lowered to protect your windows can prevent damage caused by airborne debris. You may also be able to reinforce your windows from the inside. Simple measures like these can prevent broken glass and moisture from making their way inside your business.

The agents from State Insurance Solutions understand how important it is to protect your business from storm damage. Business owners in Dallas, TX who are looking for sound advice can call and talk to the agents whenever they have concerns. Don’t wait until a storm is on its way! Call and schedule an appointment with your agent today to have all of your commercial insurance questions answered.

Protecting Your Business With Commercial Insurance

There are so many types of commercial insurance available that it’s easy to build a policy that will suit you and your specific business. Whether you choose liability coverage or premises/operations coverage or products/completed operations coverage, your policy will protect something that is of the utmost importance – your Dallas, TX business.

One of the best things about commercial insurance from State Insurance Solutions is that it gives you peace of mind. Have you ever stayed up late worrying about some aspect of your business? You can have far fewer of those nights when you know that your business is protected by commercial insurance. With a policy that is tailored to your business, it’s liberating knowing that one thing going wrong won’t sink your business.

One type of insurance is often overlooked by business insurance. You should have commercial auto insurance to protect any vehicles that function as company vehicles. It adds an umbrella of liability coverage so that a wreck won’t cause your business to crash. Commercial insurance for cars is helpful because it prioritizes speed so that your business isn’t waiting in limbo during the insurance assessment. 

A popular type of commercial insurance is general liability coverage. This mixes liability coverage for many different aspects of your business. This type of policy can give you the ultimate peace of mind. You can tailor this type of insurance to your precise business needs.

To get a policy that takes your business’ needs into account, call us today at State Insurance Solutions. In Dallas, TX, we’re the place to find just the policies you’re looking for. We have many companies that we can go to for policies, so we can choose the best one that will give you the policy your business needs. 

Do I Need Life Insurance?

Life insurance is a valuable investment to help take care of your family and loved ones after you are gone. It is a final gift given to them to help provide while you are no longer able to. But is life insurance right for you? Is it something you should be considering, or should you put it off until alter? These are likely questions you have regarding life insurance. Here at State Insurance Solutions, our staff is here to help. So whether you live in Dallas, TX or the surrounding metro area, we’re just a phone call away. 

Do You Need Life Insurance

Stop and think about those you care for. Do you provide for them? Do you have a spouse or children? These are individuals who will be left behind when you are no longer around. If you don’t, do you have outstanding debts that would be passed on to family members? If you answer yes to any of these questions then it is a good idea to consider life insurance. It will provide when you’re not around to do si. 

Care For Your Family With Life Insurance

You do everything in your power to care for your family. However, what isn’t in your power is just how long you’ll be around to do this. When the time comes where you’re no longer physically able to provide for your family you can continue on with the help of life insurance. This is an essential investment that will not only provide for your family, but give you peace of mind. So, if you are in metro Dallas, TX and want to learn more, our staff here at State Insurance Solutions is ready to help address all of your questions and concerns. Give us a call today. 

Why Do I Need Commercial Insurance

When you start your own business, commercial insurance is one of the main investments to make. Whether you are a freelancer who uses his business as a supplemental income or a small business owner expanding his company and hiring new employees, you will definitely benefit from having business insurance. If you are still thinking about skipping it, here are some good reasons why you really need it: 

To Sign a Commercial Lease

Since anything can happen to a commercial building, most landlords require their tenants to carry at least general liability to protect their business property. In fact, there are many landlords who will not rent you space until you get minimum coverage. 

To Get More Clients

If you want to get a bigger client, be ready to sign a contract. One of the requirements for such contracts is to carry errors and commissions insurance (also known as professional liability insurance) that protect clients from mistakes made by you or one of your employees. Therefore, having commercial insurance increases your chances as a business owner to win bigger clients. 

To Protect Yourself and Employees

If you operate your business in Dallas, TX, or anywhere else in Texas,  it is not required for you to carry commercial insurance. However, having it is still a smart decision because it will help to protect you and your employees in case something happens. 

Finding the right commercial insurance might be a challenging task, especially if you have never dealt with business insurance before. Let State Insurance Solutions based in Dallas, TX be your advisors and help to get the right coverage that will meet your needs and budget. Call  State Insurance Solutions today to figure out how we can help you and discuss the available options.