Does my Auto Insurance Cover Mechanical Repairs?

Car Insurance Dallas, TXThe cost of repairing or replacing a transmission or engine in a car can be daunting. Many people wonder what exactly is covered by an auto insurance policy. Does an auto insurance policy cover things like transmission repairs, tires, faulty wiring or worn suspension parts?

In short, no, an auto insurance policy will not pay to repair wear and tear items on your vehicle. The only time some items may be covered are when they are damaged as a direct results of a covered loss such as a collision.

Insurance is not designed to repair damaged or worn parts due to normal wear and tear of your vehicle. There is no coverage for things like mechanical failures or maintenance.

So, what options are there to cover these items? When you purchase a vehicle, some dealers offer extended warranty coverage. These warranty policies essentially extend the manufacturer warranty of newer vehicles. This is the type of insurance program that would provide coverage for things like mechanical breakdown of your transmission or engine parts.

If you have questions about car insurance, contact our agency. There are an overwhelming number of choices for car insurance out there, don’t stress! Let the professionals at Red Gorman Insurance gather quotes from several insurance carriers, presenting you with the best options for your budget and needs! Our agents are here to help guide you through rate comparisons, discounts, flexible payment options and they may have some money-saving tips as well. Get your quote today!

How Do I Protect My Assets?

Protect your assets in Dallas, TX with an umbrella insurance policyYou’ve worked hard for your assets. Whether it’s purchasing your home, an investment property or vehicle or saving for retirement, it has taken years and years of consistent hard work to build what you have. Did you also know that your future income can be considered an asset too? So, how can you protect your assets?

By purchasing an umbrella insurance policy.

But, I have insurance for my home and vehicles? Yes, we need insurance for our car and home. But, there are limits on how much you are protected. For example, you get into a car accident where you are at fault. Your insurance policy covers you for $250,000 in 3rd party damages. However, the other individuals in the car accident needed medical attention & their car was totaled. The total damages for the other party cost $350,000.

You are responsible for the remaining $100,000. If you have an umbrella insurance policy, it would then kick in to cover this excess liability. If you don’t have an umbrella policy, would you be able to foot the bill? If you cannot pay for the remaining balance, a court may issue your future wages to be garnished or they may target your other assets.

Would you prefer to rest easy knowing you have an extra layer of insurance coverage to protect your assets?

There are countless ways to exceed the limits of your home or auto insurance policy. Get peace of mind with an umbrella insurance policy. It eliminates the gaps and insufficient limits on your insurance policies. You’ll be amazed at how affordable coverage can be.

Four levels of protection:

By purchasing an umbrella policy, you increase the limits of liability on:

  • Bodily injury: Medical bills and settlement for injuries sustained to the third party.
  • Property damage: Damages sustained to the property of a third-party.
  • Other damage: Libel & slander, other claims expenses.
  • Legal fees: Hiring an attorney can be expensive. An umbrella insurance policy helps cover the cost.

If you have questions about purchasing a personal umbrella insurance policy, contact our agency! Our licensed agents can go over coverage options or simply provide a free quote.

Essentials to Pack for Your Road Trip This Summer

Roadside Assistance Insurance Dallas, TXOh, the great American road trip. Whether you are driving across the country, making a trip to visit our beautiful National Parks or simply just exploring different areas in your state, it is important to pack the right items on your road trip.

Basic safety and materials to have:

While you should always store papers like a copy of your car insurance and license and registration in your vehicle, you should also carry a first aid kit and a roadside emergency kit.

Other items:

  • Flashlight
  • Spare tire with useful tools+ make sure someone in the car knows how to change it
  • Owner’s Manual

Personal Items to pack:

It’s really nice and sometimes imperative to have the following items packed.

  • Sunglasses
  • Sunscreen
  • Water bottle
  • Car Phone Charger
  • Hand sanitizer or wipes
  • Car cooler with snacks
  • Popular road trip snacks: sunflower seeds, trail mix, jerky, hard candy or suckers or granola bars. Mints and gum are great too.
  • Anti-inflammatory medication
  • UV window shade
  • Thermos
  • Blanket or pillow
  • Cash
  • Lip Balm/ChapStick
  • Notebook, pen or pencil
  • Napkins or a roll of paper towels. A roll of toilet paper doesn’t hurt either!

Consider a Roadside Assistance Policy

Roadside Assistance can be added to your car insurance policy and is available from most insurance companies. It can also act as a standalone insurance policy. Roadside assistance can help you if you become stranded from a variety of things including but not limited to:

  1. Flat Tires
  2. Dead Battery
  3. Run Out of Gas
  4. Lock Yourself Out or Lose Your Keys
  5. Disabled Vehicle
  6. Towing if Vehicle Can’t Be Repaired Quickly
  7. Winching if stuck in mud, snow or sand

We hope your summer road trip is a blast and that this article helps you prepare for your trip as well as stay safe on the road. If you have questions about your insurance, contact us before you leave!

I’m planning on doing an AirBnB at my home. What do I need to know?

Insurance for my AirBnB Dallas, TXMore and more people are taking advantage of the extra income they can make by doing an AirBnB, VRBO or other rental out of their homes. This is a great way to save money for college, pay off your mortgage, pay for a remodel or just make extra money for your savings. But, before you commit and jump into it, consider the risks associated with being a landlord.

Short-term vacation rental properties such as AirBnB, VRBO, HomeAway and others require special insurance. Regardless of whether it is just a room in your house, a trailer or even a separate house, be sure you match your insurance policy to the risk you’re taking on. Believe it or not, you’re a landlord!

What does Landlord Protection insurance include?

As a short-term vacation rental owner, it is possible that your tenants will have access to additional items or toys such as kayaks, hot tubs, bikes etc.

A Landlord Protection insurance policy can include:

  • Commercial Package Policy: coverage for building(s), contents, liability, and income
  • Building(s): special cause of loss with replacement cost valuation
  • Contents: special cause of loss with replacement cost valuation
  • General liability insurance coverage: Coverage for injuries and other liabilities while people stay with you.
  • Income Coverage: actual loss sustained business income coverage with no time limit
  • Liability coverage continued to amenities: swimming pools, hot tubs, watercraft, bicycles, docks, rec areas, + much more
  • Enhancement coverage: theft, damage to your rental caused by a guest, animal/pet liability + more
  • No standard occupancy restrictions: designed for short-term rentals

Doesn’t AirBnb or VRBO Provide Insurance?

Yes, they do provide liability and property damage protection for third-party claims when they are booked through the AirBnB website. However, you are only protected up to their liability limits. Like many types of insurance policies, there can be gaps that are created.

Example 1: You become chummy with a previous house guest that booked through AirBnB. You exchange numbers and they text you to book a stay instead of booking through the AirBnB website. During the stay, they’re injured. Because they didn’t book through the website, you’re on the hook for the liability.

Example 2: You use Craigslist to get renters into your short-term rental because there is a big local music festival and it will be easy to rent it out for more money during this time. The renter trashes your property and because of repairs, you can’t rent out the property for months. You lose out on income.

Example 3: An excessively bad bodily injury occurs on your property. The medical bills exceed what the short term vacation rental company provides in insurance coverage. You are stuck with the remaining balance of the medical bills.

It’s common to want to make some extra cash from your short-term vacation rental, but we want it to be a safe endeavor for you. By calling an agent in our office, we can help you eliminate the gaps that exist with insurance that may be provided and get you a policy that is the perfect match for you and your family.

Don’t Settle For Cheap Boat Insurance – 3 Coverage Options to Consider

Boat Insurance Dallas, TXWith summer upon us, many of you will be getting your boats out or maybe even buying a new one. When it comes to insuring your boat, you don’t want a policy that is the least expensive – you want the right coverage. Boating season is so much fun and being on the water carries a certain risk. When you’re shopping for boat insurance, be sure that your policy includes three specific, and sometimes optional coverages:

  1. On-Water Towing: If you’re out on the water and you boat breaks down or runs out of gas, this coverage will cover the cost of: getting you gas, soft un-groundings, towing your boat back into shore, jump starts and more. Don’t go without this coverage. Getting your boat towed on the water can be expensive.
  2. Wreckage Removal: If your boat sinks, and it is required by law to remove it, this coverage pays up to the liability limits of your policy to bring your boat to the surface and remove it from the water.
  3. Fuel Spill Cleanup: If you boat sinks or simply leaks fuel into the water, this coverage pays to clean up the fuel. The amount paid depends on your liability limits on your policy. Be sure you get enough liability insurance.

Owning a boat is a great adventure and the memories built on them are second to none! Give yourself the peace of mind by purchasing a boat insurance policy that not only protects you, but also protects those around you and your passengers. Many optional coverages exist and we can assist you in understanding what each of them means and find the right insurance policy for you.

Can you name every valuable in your home? If not, you need to read this.

Home Inventory Checklist Dallas, TXNobody wants to experience a home disaster & it’s not like you can predict when one will happen. If you were to experience a fire, flood, earthquake or other home disaster, would you be able to name every single valuable in your home? If not, you need to create a home inventory list of all your valuables.

Preparing a home inventory can be a large task, but taking the time to do so can make a difference of thousands of dollars when it comes to your claims settlement as well as simple ease of processing your claim.

For many of us, where we live symbolizes us and what is in that house symbolizes our lives. Our belongings represent our memories, personal style and even investments that hold significant value such as art.  When you add up how much all of your personal items are worth, it can be a substantial figure into the many 10’s of thousands of dollars or more.

Home insurance claims from disasters such as flood or fire are traumatic. A home inventory checklist can help you remember quickly what items you had. Would you recall exactly how many pairs of jeans you had and what brand they were? Would you recall how many pairs of shoes you had or what brands they were? What about art? Could you recall the name of the artist and how much you paid for it?

The Easiest Way to Create Your List

Taking the time to inventory your home can be useful in the event of theft or damage to the contents of your home.

  1. Take pictures of every room in your home. Then, take pictures of each valuable in the room.
  2. Take a video of every room in your home.

Note: be sure to store these pictures or video in the cloud as a backup so you don’t lose it in the fire or flood too!

If you were to experience a home disaster, having this list will significantly cut down on how much time and stress you deal with when it comes to your claim settlement.

What Valuables in Your Home Need a Separate Endorsement?

Remember, valuables like art, furs, comic books, antiques and jewelry need an endorsement on your current home, condo or renters insurance policy.

The good news is your insurance agent likely gave you sufficient coverage for your personal property. If you feel like you need more, be sure to tell your agent. Home, renters and condo insurance policies typically come standard with this coverage but you might need more.

Do I Need Insurance on My Scooter or Moped?

Scooter or Moped Insurance Dallas, TXRiding a scooter or moped isn’t only fun, but you look great riding one. The benefits of using a scooter to get around aren’t only limited to fun, fuel economy and ease of parking. Insurance is cheap too!

There are many situations where you may wonder if you even need insurance on a moped – I mean, what is the worst that can happen, right? Well, the same risks that exist with driving a vehicle exist on scooters as well, so insurance is always required when riding one.

Here are three claims scenarios where having scooter or moped insurance policy would benefit you:

  1. You driving along with your scooter, it starts to rain and you lose control of your moped while going around a corner. While you fall off and manage to avoid injury, your scooter slides up onto the curb and hits a bystander. You would be liable for “failure to maintain control of your vehicle” and be liable for the injured parties medical bills. The same thing that happens in car accidents.
  2. You’re driving around a friend who is visiting you from out of town. The two of you pile onto your Vespa and cruise the town. After a stop at a pub, you think you’re okay to drive. On the way home, you’re driving and rear-end a stopped vehicle. You and your friend are injured and you’re now liable for your friend’s medical bills and potentially lost wages.
  3. You decide to take your moped on a cruise out to the countryside. Unbeknownst to you, you forget to fill up the tank and run out of gas in the middle of nowhere. Fortunately, you purchased a roadside assistance policy and call your insurance company for a fill-up.

Driving a scooter is fun and insuring one isn’t expensive when compared to an auto insurance policy. It is important not only for you to protect your financial future, but to protect those that are around you as well, including any passengers. Be smart, protect yourself with a scooter or moped insurance policy.

Be a Responsible Dog Owner – 7 Tips to Follow to Avoid a Liability Claim

Liability Insurance for Dog Bite Claims Dallas, TXThere are few furry companions in this world who can bring joy to your life as much as a dog. For dog lovers, your pets are as much a part of the family as any other member of the family! Along with the incredible fun of dog ownership comes responsibilities. Here are some tips to help you avoid a dog liability claim.

  1. Understand Your Dog Breed

Dog breeds all seem to represent one personality or another. Some are known for being more aggressive than others, however, even small dogs can nip. When you’re searching for a dog, or perhaps you have one already, pick up a dog book and read about the idiosyncrasies that the breed has.

  1. If adopting, talk to the adoption or dog’s caretaker about its behavior.

Adopting a dog is a wonderful gesture and you’re doing a great thing for the pet. You’re taking it out of a shelter and bringing it into your loving home. When you adopt a dog, it is important to talk to the caretaker about the dog’s behavior, interaction with kids as well as other dogs and even cats.

  1. Socialize Your Pet

Socializing your dog from a young age with other animals, children or the elderly can help your dog behave well around these different age groups and animals. It can also curb their aggression towards other animals.

  1. Obedience Training

Even if your animal doesn’t exhibit aggression towards other animals, obedience training can be a great way to train your dog. Obedience training can include a variety of things from command training to behavior, agility and overall better obedience.

  1. Keep Your Dog On A Leash

Most cities & states have some leash laws. These laws vary and you should check with your local municipalities for rules and regulations. These laws typically exist to keep people and wildlife safe. If you’re in a National Park, or State Park, chances are obeying laws here will keep you from being fined. Some states go as far as to charge the owners with misdemeanors for having a dog off leash in State Parks. Regardless if you are in a State Park or walking your neighborhood, keeping your dog on a leash keeps you in charge of your dog.

  1. Avoid leaving your pet unattended & always watch your dog when around children

Pets left unattended can exhibit behaviors that are not typical. If your pet is new to you, never leave a pet with a child unattended. A child could unintentionally agitate the animal, step on its paws or something else that causes the animal to react. If you leave your animal in the vehicle, be sure it is restrained and can’t nip at someone as they walk past. It’s always good practice to keep a close eye on your dog when it’s around small children. If you are closely watching, you can monitor your dog’s behavior & step in if you feel it’s uncomfortable around children.

  1. Monitor Your Dog’s Behavior

If you’ve noticed a change in your dog’s behavior, you should have it looked at. A dog who is sick, in pain or other can become aggressive even when their history says otherwise.

Owning a pet is a joy. Be a responsible pet owner and keep an eye on your animal at all times. Even the best dogs can exhibit bad behavior if they’re put in the wrong situation. We hope that you and your pet always have a great time, but in the event that your pet does cause an injury and claim having the right home or renters insurance policy can help protect you from a lawsuit. Talk to an agent today about protecting yourself from pet caused injury related claims.

Everything You Need to Know About ATV Insurance

ATV Insurance Policy Dallas, TexasFour-wheelers, ATVs, UTVs, side-by-sides and more are so much fun! Some are used for work purposes such as around the farm or hunting, but many are used purely as a recreational vehicle for weekend fun! Regardless of how you use your ATV, you may want to consider an ATV insurance policy. We answer the most common questions that come up both in our office and around the country in the claims departments regarding ATV insurance.

Doesn’t My Home Insurance Cover This?

If your ATV is used only on your property and never off, then likely your home insurance policy will provide some coverage. It is always best to check with your insurance agent on how much coverage and what circumstances are or are not covered.

Is ATV Insurance Expensive?

ATV insurance is very inexpensive when compared to an auto insurance policy. In fact, it can be under a dollar a day. Talk to your insurance agent for a free insurance quote.

Am I required to have it?

Typically no. Just because you own an ATV doesn’t mean you need to have insurance on it. However, if you use your ATV on state lands, parks or other public areas, it would be incredibly unwise to operate your vehicle there and many state lands and parks will require riders to have the vehicle insured and licensed for use in the parks.

What discounts are available?

The most common discount available would be a multi-policy discount for insuring other products with the same company. For instance, if your home and auto insurance is already with an insurance company, that same company may offer you a discount on your new product.

My ATV Is customized, is there coverage for that?

Custom parts and equipment can be added to most policies. Some policies will even include some customer parts and equipment into your base rate. If your ATV is customized it is important to keep up to date documentation of custom parts in the event of a claim.

If you’d like a quote on your ATV/UTV or side-by-side, give us a call. Our licensed staff can quickly and easily help you decide what coverage and options are right for your situation.

Should I Have Collision & Comprehensive Insurance on My Auto Policy?

Auto Insurance Options Dallas, TexasWhether you are searching for car insurance, shopping for a lower car insurance rate or just need a new plan, you’ve come to the right insurance agency.

Our agents will shop to find the best insurance rate & coverage for your specific needs. Plus, we can search for many discounts, particularly if you are bundling multiple policies like an auto & home or renters insurance together.

When it comes to shopping for car insurance, there are many options for coverage. You could get the bare minimum for car insurance or you could have full coverage for your policy. Each state varies with what is required for minimum car insurance coverage but the minimum will include bodily injury liability & property damage coverage, it is up to you to decide how much of it.

What about collision & comprehensive coverage for your auto insurance policy?

Collision insurance coverage will cover your vehicle if it is damaged when it collides with something. Examples: colliding into another vehicle, a tree or a guard rail. Your insurance coverage will pay for repairs or even replacement of your vehicle in the event of a total loss.

Comprehensive insurance coverage covers most other damages besides collision that could happen to your vehicle. Example: your car catches on fire, something falls on your car like a tree, collisions with an animal, your car gets vandalized or you experience car theft. There are a few exclusions, so be sure to discuss with your agent what those might be.

When it comes to deciding if this coverage is worth it, a few things to ask yourself:

  • If I didn’t have this coverage, do I have the finances to pay out of pocket for the repairs or replacement of my vehicle?
  • Do I have a loan? If so, comprehensive and collision coverage will be required by your finance company.
  • How valuable is my car? Would it be possible to replace your car if you didn’t have the insurance to pay for it?
  • Do I live in an area where car theft is common?

It is important to understand that all coverage and policy questions are specific to the policy that you purchase.  This article has been provided to help you understand how insurance works and does not imply every policy is the same or that coverage will exist. If you have more questions about your auto insurance policy talk to one of the licensed agents at Red Gorman Insurance. We understand that insurance can be confusing, so we always want to make sure you fully understand what you are or are not covered for.