Skip to content
Click to Call
Paragon Independent Insurance Agencies, Inc

6305 Preston Road #1000
Plano, TX 75024

Get Directions

How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Owning a business means taking on risks, but the right insurance coverage can help safeguard your hard work. At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. We understand that every company has different needs. So, how do you determine which commercial insurance products will best protect your business? Let’s break it down.

Identifying Your Business’s Key Risks

Different businesses face different challenges. Commercial auto insurance is essential if your company owns or operates vehicles—whether for deliveries, client visits, or transporting goods. It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents.

Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations. If you own a physical location, commercial property insurance can help protect your building, inventory, and equipment from fire, theft, or natural disasters.

Tailoring Insurance to Fit Your Business

Certain industries require specialized coverage. If you have employees, securing workers’ compensation insurance can provide financial support for medical bills and lost wages if a workplace injury occurs. Businesses that handle customer data should consider cyber liability insurance to protect against data breaches and cyber threats.

Protect Your Business with the Right Coverage

Selecting the right commercial insurance may seem overwhelming, but you don’t have to figure it out alone. At Paragon Independent Insurance Agency, serving the community in and around Plano, TX, we’re here to help you find the best policies tailored to your company’s needs. Contact us today to ensure your business is fully protected for the road ahead.

Do I Need More Insurance Coverage If I Have an Expensive Car?

Protecting a high-end vehicle in Plano, TX, can help secure your overall investments. While luxury vehicles share the same concerns as lower-end vehicles, they may require provisions that specifically cover your costs. Paragon Independent Insurance Agency can help determine if you need additional coverage for your expensive vehicle.

Coverage Types You Need

Your luxury vehicle requires the same categories of coverage as those for lower-cost vehicles. You’ll pay for premiums covering liability, collision, comprehensive, and all the other major categories you would find in a standard auto insurance policy. Many insurers offer coverage to owners of high-end vehicles as well as those who own less expensive cars. You can customize a regular auto insurance policy with specific coverage for your high-end vehicle. While you can generally get coverage for a costly vehicle with a general auto insurance company, you can also obtain coverage with carriers specializing in high-end vehicles. These carriers make it easier for you to get a policy that meets your needs.

Coverage Categories to Consider

You may want to increase the amount for liability, collision, and other typical categories, but owning a high-end car comes with additional responsibilities. Consider these additional protections if you have a high-end vehicle:

  • New car replacement cost
  • Original parts replacement
  • GAP insurance coverage

Making Your Luxury Auto Insurance More Affordable

Consider various options to reduce your premium. Increasing your deductible is an easy way to lower costs. Bundling your auto coverage with home or renter insurance can substantially reduce costs. Theft deterrent devices are another route to lower premiums.

Finding an affordable luxury auto insurance policy is easy when you work with Paragon Independent Insurance Agency, serving Plano, TX. Contact us today to get started on your policy.

Archives

Categories

  • Allstate
  • ASI
  • charity first
  • Chubb
  • Dairyland
  • Encompass
  • Foremost
  • Geico
  • Hagerty
  • Kemper
  • liberty mutual
  • national general
  • Philadelphia
  • Progressive
  • Safeco
  • Texas Mutual
  • TWIA-Texas Windstorn
  • the hartford
  • Travelers
  • US Assure

quote-icon Comparing Quotes - Made Simple

Compare your unique insurance quotes
online via our comparative quoting form.

Get Started Today!

Get A Quote!