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. 

How The Texas Heat Can Affect Your Car

Driving in Dallas, TX you get to see a lot of beautiful scenery, but our warmer climate can take a toll on your car. The problem starts with overheating, and then it can have a ripple effect from there.

Your cooling system has to work overtime to keep the engine running at a manageable temperature on hotter days, and that’s going to put extra wear and tear on belts and hoses, among other parts.

There are some things that you can do to combat the temperature and stay safe no matter how hot it gets. For instance:

  • Flush and refill your coolant every two years or so. You’ll also want to check your coolant levels regularly. If it’s lower than you were expecting, then there’s a good chance that you have a leak somewhere.
  • Keep an eye on your engine’s temperature gauge. If you’re climbing into the red, there are a couple of things you can do to cool the engine off. You can run the heat for a minute to allow the heat to escape, or you can pull over in a parking lot or rest stop, park in the shade, and allow it to cool off.
  • Check your battery at the start of summer. The heat can burn through your battery’s life, so you want to make sure that your battery’s not on its last legs.
  • Consider your driving habits. Carrying extra weight, pulling a trailer, or driving through a lot of stop-and-go traffic can wear your engine down in the heat. Keep your car clean of anything you don’t need to be carrying, and avoid cluttered traffic, even if that means taking the longer route.

If you’re shopping for insurance in Dallas, TX, call State Insurance Solutions or go to the State Insurance Solutions website for the protection you need.

How to create an accurate home inventory

When you are a homeowner, having an accurate home inventory is an important part of your protection plan for your home. Bad things happen to good people every day and no location is safe from all the things that can happen. Filing an insurance claim is never fun but it doesn’t have to be a nightmare either. State Insurance Solutions in Dallas, TX is there to give support to their clients when the need arises. 

Creating an accurate home inventory can take several forms. The traditional way was to use a pad and pen or pencil. It is somewhat easier to use a video to document all your possessions. Using a digital format is also a possibility. No matter how you decide you want to do it, it means that you need to go to every room, your attic, basement, and even to your garage, shed, or a casita. All of these places have items that you own. 

In addition to the list of the items that you have, the more documentation that is included the easier it will be to get the items that you had replaced. You should make a habit of keeping invoices and receipts for items that you purchase, especially higher-priced items. Electronics and appliances should include model, serial numbers, and brand name. Knowing when items were purchased, even just the year can also be helpful. 

When something bad happens, it causes lots of stress and anything that you can do to lessen that stress will be much appreciated. Your complete home inventory which you stored in a safe place will be one of those things. 

Residents of Dallas, TX  can count on the team at State Insurance Solutions to be there when they need them whether it is purchasing a home policy or helping file a claim. Give the office a call for a no-obligation quote. 

Can I Withdraw Money from My Life Insurance in Dallas, TX?

You may have heard people talk about life insurance in a way that doesn’t seem like the standard purpose of an insurance policy. Why would the policyholder need to use their life insurance at any point? Isn’t it meant for the person’s loved ones as opposed to the insured? If you live in Dallas, TX, State Insurance Solutions wants you to know more about how many types of plans there are and what they’re meant to be used for. 

Life Insurance as a Savings Account 

In the case of a temporary insurance policy, you enact coverage up until a certain time. Often, this date is when their dependents come of age and can provide for themselves. But some people will purchase a different type of policy that sets them up for forced savings. If you have a difficult time putting money aside (and keeping it there) in a regular savings account, your life insurance policy is a way to charge you money in a form that’s technically irreversible until much later on. If that sounds similar to a retirement account, you’re right. 

How Much Can I Withdraw and When?

It depends on the type of policy you choose and the terms attached to it. However, the idea is that you’ll get more money than you put into it. Whether you choose this type of life insurance or a different policy in Dallas, TX, it’s all about what you’re looking for. If you have no problem saving on your own and you feel you can get better returns without the help of a policy, then you would have no need for this. 

If you have questions about the best life insurance coverage for you, call State Insurance Solutions for more information today.

3 Commercial Insurance Products To Explore

Commercial insurance is one of the biggest types of insurance. That’s why it has several insurance products. At State Insurance Solutions in Dallas, TX, we offer several commercial products. Depending on your type of business, you may not need every commercial insurance product.

Here are some of the most common commercial insurance products. You can explore all of them. In fact, most businesses require them.

1. Employees’ compensation insurance

This commercial insurance policy protects your business from your employee’s on-the-job injuries. If you have employees, it is mandatory in Texas to purchase the policy. Besides, it is a necessity because accidents happen once in a while and if it happens in your business premises, the victim will see it as an on-the-job injury and request his medical bills from you.

Many of the injuries that occur in workplaces are caused by the employees themselves, but because the accidents happened in the line of duty, you may be held liable for the injuries caused. For example, an employee searching for a file checked the topmost cabinet but didn’t see the file. She forgot to push in the cabinet. She bent down to search the bottommost cabinet and found it. As she tried to get up, she hit her head on the open topmost cabinet and sustained an injury. Of course, it was her fault. But, technically, she sustained the injury at work, so you may be held liable. This is why you need employees’ compensation insurance.

2. Automobile insurance

This insurance product is meant to provide coverage for all the vehicles you use for your business. Protect your trailers, trucks, vans, and cars with this insurance policy. If any of them is damaged or stolen, this insurance may provide adequate compensation. Also, if the driver of any of them damages someone’s property or injures someone, this coverage will refund you for the repair of the property or the medical bill of the injured person.

3. Property insurance

This commercial insurance policy compensates you for the loss of your business properties. For instance, if your office gets burnt down, this policy will provide adequate compensation.

For other business insurance products, you can contact us at State Insurance Solutions serving Dallas, TX. You can also explore our website to familiarize yourself with our insurance products.

Should You Get Replacement Cost Coverage For Home Insurance?

Replacement cost coverage is the gold standard for home insurance. You deserve it. Talk with your agent at State Insurance Solutions, serving Dallas, TX and the surrounding area, to learn more about replacement cost coverage for your home and its contents. If you do have it, and you have not reviewed the coverage for some time, or if your home was improved, then ask for an insurance review. An insurance review makes sure that the current policy provides adequate coverage.

What is the replacement cost?

For a home, the replacement cost is the construction cost that would rebuild the home to a similar condition as a brand-new one of the same type. If your home is 40 years old and falling apart, replacement cost is not the value for selling the home, but the cost of rebuilding a brand-new one.

For personal property, the same thing applies. You can get replacement cost coverage for valuable things in the home. You make a detailed inventory of what you have in the home and on the property. If anything covered is damaged, lost, or stolen, for a reason that is insured against, you will have protection. If there is a legitimate claim and something needs to be replaced, you will get a brand-new one of the same type.

Benefits of Replacement Cost Coverage

The main benefit is peace of mind. If you work with your agent to have the protection in place, then, if anything bad happens you will be upset about it but not panic. You will never face the possibility of having lost everything. You will be in the category of people who manage finances well to protect their families. This follows the recommendations of the top tier of financial planners.

Find out about replacement coverage. To get an insurance review and a quote, contact your agent at State Insurance Solutions in Dallas, TX.

Three things to know regarding uninsured and underinsured motorist coverage

One of the numerous add-on auto insurance features available to motorists in Dallas, TX is uninsured and underinsured motorist coverage. This is a good feature to have on policies offered by insurance providers such as State Insurance Solutions.

The following are three things to know regarding uninsured and underinsured motorist coverage when you’re on the market for an auto insurance policy.

There are many uninsured and underinsured motorists out on the road.

A lot of motorists assume that the vast majority of drivers carry required insurance due to law enforcement efforts by the police. In fact, this is not the case. There are probably far more uninsured drivers out on the roads than you think. As of 2015, it was estimated that as many as 13 percent of drivers were uninsured. 

You could get in an accident with an at-fault driver who doesn’t carry any auto insurance. 

With all the uninsured drivers out there, it’s obviously entirely possible that you could get in an accident caused by one of these drivers. If this happens, your own insurance will have to cover the damage costs. However, this will only happen if you have collision coverage. If you don’t have collision coverage or uninsured and underinsured motorist coverage, you’ll have to pay for the resulting accident damages to your own vehicle out-of-pocket. 

Some states require motorists to carry uninsured and underinsured motorist coverage. 

In Texas, uninsured and underinsured motorist coverage is not required by state law. However, it’s important to note that some states consider this type of coverage so important that they require it by law. 

Still have questions about uninsured and underinsured motorist coverage in Dallas, TX? We’re here to help. Contact us with your questions at State Insurance Solutions. 

Protect your family with a robust life insurance policy

Young families in the greater Dallas, TX area are gaining a good understanding of the many benefits of life insurance. If you are newly married or thinking about starting a family, now is the right time to consider your life insurance options. The team at State Insurance Solutions is here to provide the necessary information for you to determine the right option for you and your family. 

Finding the right life insurance policy

There are so many different life insurance policies available, it can become overwhelming trying to choose the right one for your family. As you consider your options, there are a few factors to consider. Namely, are you a one or two-income family? Is either spouse considerably older than the other? Are there any health issues to consider? How many children do you have or are planning to have? These are just a handful of the types of questions that your agent will go over with you to help you find a robust life insurance policy to protect your family. Whether you choose term, universal, variable, or whole life, you will rest assured that your family has the protection it needs.

Now is the right time to review your options and determine the appropriate choice for your family’s needs. There are benefits to all types of life insurance, and your agent can help you to pinpoint the features that are most important to you. Having a strong life insurance policy in place is an important step in protecting your family’s future.

Ready to secure a life insurance policy for your family? Call or stop by State Insurance Solutions today, we are proud to serve the insurance needs of the greater Dallas, TX community and look forward to working with you!

Benefits of getting commercial insurance in Dallas

The city of Dallas, TX is one of the largest and fastest-growing cities in the country. For those all over the area, there are plenty of benefits that come with starting a business to take advantage of these great economic factors. While there are plenty of benefits that come with starting a business in the Dallas area, there are some risks as well. Getting a commercial insurance policy can actually help to mitigate some of these risks. 

Provides Liability Protection

One of the advantages of getting a commercial insurance policy in the Dallas area is that it can provide you with liability protection. Business owners are going to take on risk if they sell a product or service. If a customer or client is hurt through the use of the product, the business owner could be held and found liable. Fortunately, a commercial insurance policy will help to protect against this risk.

Asset Protection

Business owners also need commercial insurance to ensure that their company assets are protected. Businesses need to invest in many assets including equipment and inventory. If these assets are stolen or damaged, it could be devastating and very financially impactful for the company. Your commercial insurance policy will ensure that you have the protection that you need to replace or repair these assets. This could help to keep your company solvent. 

Those that own a business in the Dallas, TX area will find that having commercial insurance is a necessity. When you are shopping for insurance for your company, you should call the team at State Insurance Solutions. The insurance team at State Insurance Solutions can help anyone to get into a great policy. This will include carefully assessing the risks of your organization to make sure you are adequately protected.