Posted by John Coyle on Fri, Apr 17, 2009
Umbrella insurance is not just something you need on a rainy day, but it’s also not usually something you think about when the summer sun is shining and the pool is glistening with cool, refreshing water. Pool party. Now that’s what you’re thinking. What better way to enjoy the Texas heat than with a rockin’ pool party full of barbecuing, swimming and children playing? That’s all fine and good, but another less fun aspect to planning the ultimate pool party is thinking about safety. No matter how nice, a pool or outdoor area is an accident waiting to happen. Pool-related injuries such as slipping or even drowning are more common than you think. Making sure your pool party is safe for all your guests is essential, but you cannot be everywhere at once. You need protection, but don’t count on Spider-Man.
You need an umbrella, but not one with polka dots. Tri-Star Insurance located in North Plano and servicing the McKinney, Frisco, North Dallas, Allen and surrounding areas, can equip you with an umbrella insurance policy that will keep you covered wherever you go. Umbrella insurance, or personal liability insurance, is a form of supplemental insurance that covers you in the event of an accident, which can result in untold damages or even a lawsuit.
For example, say you fall asleep at the wheel, or have a party where a guest gets hurt on your property. You as the homeowner will be liable for any damages. Your home or auto policy offers some liability, but it may not be enough. In the case that your other insurance policies’ liability limits have been exhausted, umbrella insurance takes over. If you don’t have any, then you may end up surrendering your personal assets to pay out a lawsuit. In some cases even wage garnishment is put into effect. Sounds scary, right? It’s not something to take lightly, especially if you are planning to have guests over for a summer pool party.
The agents at Tri-Star can get you a personal liability insurance policy tailored to fit your needs and your budget. As an independent insurance agency, Tri-Star Insurance is able to find the most competitive rates available by representing companies such as Travelers, Kemper, Hartford, Safeco and Germania. The difference between an independent agency and a captive agency such as Allstate or State Farm is that agents from a captive insurance agency can only offer consumers the rates of the companies where they are employed.
Safeguard yourself from potential pool mishaps by:
- Setting up a fence or barrier around the pool
- Never leave children under 15 unsupervised
- Do not let anyone swim alone
- Keep floatation devices in and around the pool
Keep your party safe and hoppin’ with umbrella insurance from Tri-Star Insurance. For more information about personal liability insurance contact John Coyle of Tri-Star Insurance Professionals, Inc. at 214-387-0600 or jcoyle@tristarins.com
Posted by John Coyle on Sat, Feb 16, 2008
To be certain that your small business will be protected from potential losses due to accidents, illnesses and injuries, acts of nature or crime and potential legal liability, you need a commercial insurance agency that offers complete coverage for your small business. In the North Dallas, Plano and Frisco areas, that agency is Tri-Star Insurance Professionals, Inc. John Coyle, of Tri-Star Insurance, has been in the insurance business for nearly 20 years and specializes in businesses that operate in North Dallas, Plano and Frisco, TX. Contact Tri-Star Insurance Professionals today at 214-427-7231 or call toll-free at 1-800-880-4600. They will work with you to make sure your commercial insurance needs are handled professionally and with the utmost in customer service.
If you are an entrepreneur starting your own small business in the North Dallas, Plano and Frisco TX areas, your small business needs commercial insurance coverage in these four areas:
Commercial Liability Insurance: While you plan for and expect to provide your customers with a great product or service and excellent TLC, the harsh reality is that problems happen and you need to be protected in the event that your small business gets sued. A general liability policy can protect your company’s assets from being lost to a lawsuit.
General liability insurance will help you cover the costs associated with any lawsuit. Typical coverage includes things like your attorney’s fees, court costs and other expenses involved in the investigation and defense of your suit. It will also cover any judgment or settlement that may be assessed against your small business.
Commercial Property Insurance: Commercial property insurance is another type of commercial insurance you need to protect your business from losses due to things like fire, theft and vandalism. No one likes to think about losses like this and with the right commercial property insurance, you won’t have to. This type of small business insurance will pay for the costs of repair or replacement of items that are damaged or lost due to unforeseen circumstances like theft, vandalism or fire. Some policies will also pay to repair or replace equipment that breaks down. If your losses cause you to suspend operation of your small business, many policies will reimburse you for your loss of income for a pre-determined amount of time. This can be life saving to your business. Why risk losing everything do to situations that are out of your control, when commercial property insurance is available to protect you?
Worker’s Comp Insurance: Worker’s comp insurance is required by law in most states and is a critical insurance need for your small business. Whether or not you carry small business health insurance, you do need to provide worker’s comp coverage. This type of insurance covers the medical costs associated with an employee accident or illness that is the result of the workplace and job. By accepting worker’s comp insurance, the employee is agreeing not to sue the company for any losses due to the illness or injury and the employer agrees to provide state-mandated benefits.
Commercial Auto Insurance: If you own or rent any vehicles for business use, you need to consider your options for commercial vehicle insurance. As with personal auto insurance, types of coverage vary widely and can cover damage to your vehicles or someone else’s vehicles involved in an accident. Commercial auto insurance can also cover medical expenses resulting from an accident. You'll want to consider a comprehensive policy to cover losses incurred from fire, lightning, theft, hail, flood and vandalism as well.
Related Links
Entrepreneur
Frisco Chamber of Commerce
Business Week
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