While you have Plano, TX home insurance through the Paragon Independent Insurance Agency, are your valuable truly protected in case of total loss due to fire or theft? There is a section of your policy that is for replacing personal items in times of emergency, but each one can provide differing coverage.  If you own valuables such as high-end electronics, designer shoes or jewelry, will you be sufficiently compensated when faced with replacing them with a single check from your insurance company?

Actual Cash Value vs. Full Replacement Cost

Once you’ve worn your red heeled shoes a few times, they are no longer considered new. Should they be part of a claim of personal possessions, it is likely you’ll receive significantly less compensation than what it will actually cost to replace them.  Many basic home insurance policies use an actual cash value to place a price on your items, meaning if they are used, you won’t get the money to replace it with a new version.  Full replacement cost helps to ensure your grandmother’s diamond ring will receive a proper valuation and benefit check.

Fine Collections Can Be Costly

Stamps, fire arms, coins and other fine collectibles should be itemized on your inventory complete with a valuation submitted by an expert in the field, in order to truly protect your investment in case of loss or theft.  You may want to include separate insurance for such items when creating a home insurance policy capable of protecting your future.

In order to ensure that you and your family will continue to live according to how you are accustomed after a catastrophic loss of property, it’s a good idea to give your agent at Paragon Independent Insurance Agency in Plano, TX a call today and update your home insurance policy.

For those who live in the state of Texas, having home insurance is imperative. A state well-known for its heat, the thunderstorms, tornadoes, hurricanes, droughts, and more, are  enough to cool anyone’s mood. Do you live in the state of Texas? The following is a closer look at the top reason to purchase a home insurance policy.

Disaster Recovery

First and foremost, living in a state such as Texas, having a disaster recovery plan is vital. In addition to making sure your family knows how to react to remain safe during all potential disasters, you should also ensure that you have a plan in place to assist in recovery from the potential damages in the best way to make sure your home and family are as secure as possible. 

Protect Against Lawsuits

Furthermore, accidents happen. No matter if it is a friend visiting or a postal worker who accidentally takes a spill, you will likely be sued by the injured party. By obtaining a high-quality home insurance policy, you are ensuring the protection of your home as well as your financial assets. 

Protection from Robbery and Theft

Lastly, no matter where one resides, robbery is always possible. Therefore, purchasing a quality policy is the best way to protect your belongings as the alternative is having no protection at all. 

Overall, if you are looking for a quality home insurance policy in the state of Texas, Paragon Independent Insurance Agency is your best bet. Call, email, or stop in today to speak to a qualified independent representative who can tell you how to purchase a premium home insurance policy and save. 

Recycling saves our environment in a number of ways, but unfortunately it’s not the most convenient activity for many people. The evidence of this fact lies in our landfills which are full of items that should have been dropped off at a local facility for plastic, paper or electronics. Here’s why you should remember just how important it is to recycle. 

The Advances in Technology

There was a time when recycling was poorly managed and inefficient, but people haven’t given up on their endeavors to save the planet by turning old items into new ones. The process has gotten much better over the years. Getting rid of old books, cardboard boxes and junk mail will not only make your house much more livable, but also help our environment in long-lasting ways. 

A Better Place to Live 

Paper will eventually break down, but there are items we throw away that will not. The battery acid in old electronics can actually seep out when it’s in landfills and get into the ground or our water. This spreads a toxic environment which can have far-reaching consequences for our wider world. Don’t simply throw away your laptops when you could take them to a facility which can actually dispose of them properly. 

Saving You Money 

Reusing your old household items actually saves you some cash, so get creative. Don’t pay for trash bags when you can reuse ones from the store. Repurpose an old baby gate into a garden trellis to keep your plants growing in the right direction. There are so many ideas out there, so do some research and start recycling!

Paragon Independent Insurance Agency encourages you to have a safe home in Plano, TX. Give us a call if you need a new homeowners policy and we can get you a quote today!

All homeowners are required to have some type of policy to insure their belongings and property, but that doesn’t mean that you should get the bare bones coverage just to save a few dollars. Here are the basic kinds of policies so you know more about what you’re responsible for should you need to use it.

The Basics

HO-A is a standard policy in Texas that will only give you limited cash for your property. You may not be covered for a variety of natural disasters or damages. You can also consider HO-A Amended options, but these unfortunately are not standardized. You would need to call each insurance company to see exactly how much more protection you’re getting based on their rules and regulations. 

A Better Plan

An HO-B will provide better coverage, and typically accounts for the most common types of damages. For the most part, people consider this policy to be the most reasonably priced for what you get. Just like the HO-A, this is a standard policy from agency to agency. Or you can choose another standard policy with the HO-C which is the most expensive type but also covers the most events. 

Making the Decision

Only you can decide if you need more, but Paragon Independent Insurance Agency serves Lewisville, TX and is here to give you the facts if you want to learn about the other types of plans out there. Many homeowners will curse their coverage if something does happen to them since the out-of-pocket costs can be considerable. If you have an HO-A plan, it is highly recommended you strongly consider moving up at least one level. Give Paragon Independent Insurance Agency a call today to find out more about the additional cost and the benefits you’ll receive.