Home Insurance in Texas: How to Protect Your Investment

Calling all homeowners in Nederland, TX — is your home insurance providing the coverage and peace of mind you need?

Get Quality Home Insurance in Texas

You can manage the risks associated with homeownership by maintaining a high-quality home insurance policy. FB Taylor is more than capable of providing homeowners in Nederland, TX and the surrounding areas with home insurance that will protect the biggest investment of your life. 

As a homeowner in Texas, you are required to maintain an insurance policy on your home. While it is the law in Texas and your mortgage lender probably requires it, you should be motivated to protect your home from any unforeseen events that could happen while you own it and while you live there. 

Home insurance not only protects the house itself but your personal property inside the home as well. This can provide peace of mind in knowing that your cherished items are also secure and protected by your insurance policy. 

There are other coverage options that home insurance policies offer, like structural coverage in the event of a storm or other natural disaster in Texas. If you’ve lived here through all four seasons, you know that the weather can change quickly and can become dangerous without much warning. You’ll want to make sure your bases are covered and that your home is safe in the event that Texas weather wreaks havoc on your home. 

FB Taylor will help protect your assets. Our team of insurance agents can help you determine what coverage you need at a price you can afford. Don’t hesitate to reach out to us today.

Does Condo Insurance Cover Loss of Use?

If you own a condo, insurance is a necessity. Condo insurance is distinct from homeowner’s insurance because condo owners face different challenges than those who own single-family homes on their own property. FB Taylor serving Nederland, TX understands that you may still have questions about condo insurance and loss of use.

For instance, you may not be able to use your condo because a natural disaster caused damage to part of the building you live in. So, what do you do when you are not able to access your condo? This is where loss of use coverage comes in.

Condo Insurance Includes Several Components

You may already be familiar with some components of a typical condo insurance policy. For instance, you might know that condo insurance often covers personal property, like the items inside your condo, and personal liability. You can also incorporate other add-ons to your plan for special circumstances. In many cases, a default condo insurance policy already includes loss of use.

Understanding Loss of Use Coverage

When you get loss of use coverage, it kicks in when a condo is considered uninhabitable, which can happen suddenly. You may be forced to stay elsewhere, like at a hotel. This can become a major nuisance in your life, especially because loss of use is often not the fault of the condo owner. The good news is that condo insurance can help relieve the burden of being displaced.

What Kind of Condo Insurance Do You Need?

Each insurance policy is different, which is why it is so important to speak with an insurance agent before you commit to a policy. If you want to learn what kind of loss of use coverage your condo insurance policy covers, get in touch with FB Taylor, which services Nederland, TX.

Texas Classic Car Insurance Restrictions Explained

When you have a classic car in Texas, your Texas auto insurance policy is going to look a little different than your standard car insurance policy. For classic car insurance, you are going to have some restrictions or requirements.

At FB Taylor, we want Nederland, TX residents to understand those restrictions, so that we can help you design the best classic car insurance for your needs.

Limitation on Usage

When you have a classic car, the value is significantly higher than your everyday vehicle. That’s why you have it. It’s a special thing that is irreplaceable in your heart. 

Insurance companies are going to give you a value on that irreplaceable vehicle, and some limitations. One of those limitations is usage limitations. That means that you can’t drive it every day. This is a pleasure vehicle that you use for special occasions.
You may be told how many miles you can drive it every year, or what you can use it for.

Driving Record Restrictions

Classic cars are special things that need to be taken care of with a certain level of responsibility. When you get classic car insurance, insurance providers want you to have records that indicate that responsibility. 

That means that you must be a good driver with a clean record, and have a minimum number of years of driving experience. You also must have an everyday use vehicle on its own auto insurance policy.

Get a Quote

When you are looking for classic car insurance in Texas, FB Taylor can help Nederland, TX residents design an insurance policy that will meet their needs. Call us for a quote today.

Do You Need Boat Insurance?

To get the most out of your boat ownership, you will need to know all of the legal requirements to operate your boat safely. At FB Taylor, serving Nederland, TX, we can help you understand how to best protect your boat and other boaters as well. 

Is Boat Insurance Required?

The legal requirements for boat insurance in Texas are lenient, however, if your boat is involved in an accident that causes damage to another vessel or injuries to other boaters, you can still be held liable for expenses. This is why it is always a good idea to have sufficient boat insurance coverage. If you choose to ever travel by your boat, and the area you are traveling in requires boat insurance, you will want to already have that coverage in place. 

What Does Boat Insurance Cover?

Most boat insurance policies will cover the following areas:

  • Property damage- This type of coverage will kick in if your boat is damaged because of fire, natural disaster, or burglary. It can help pay for the expenses related to repairs or replacement. 
  • Liability coverage- Liability coverage is very important if you have assets you want to protect from liability. If your boat is involved in an accident or someone is injured on your boat, you could be held liable for expenses. These expenses can include medical bills or even legal fees if a lawsuit results from the incident. The only way to protect your assets during this type of situation would be to have liability coverage in place. 

If you would like to learn more about our insurance products or services, please contact us at FB Taylor serving Nederland, TX. 

Why Commercial Insurance Is An Essential Part Of Growing A Business

FB Taylor provides insurance coverage to the Nederland, TX community and the surrounding areas. We work closely with over 30 different carriers to help our clients find the right policies for their needs. We are confident that we can help you protect your most valuable assets.

Why Commercial Insurance Is Essential

The Texas economy thrives on the success of businesses. As a Nederland, TX business owner, you are aware of the difficulties involved in operating a business at a high level. You may have to deal with challenges on a regular basis. Commercial insurance can help alleviate some stress by protecting your business. Here are a few reasons why commercial insurance is essential to the future growth of your business.

Protects Your Investment

Commercial insurance protects your business because it gives you a foundation to lean on when there is an emergency. Let’s say severe weather moves through the area and causes damage to your property. The policy will cover those repairs. You can also add interruption insurance to your policy so that you’ll be covered if you have to shut down your business for an extended period of time. Commercial insurance covers your inventory if it is damaged or stolen.

Flexible Coverage

As your business starts to evolve, you’ll face new risks and challenges. You can amend your policy to add a level of protection that is appropriate for your business. By amending your coverage as your business grows, you reduce the chances of being left unprotected.

Helps Your Business Stand Out

Having a great commercial insurance policy can help your business stand out from the competition. Your business will develop a reputation for having integrity.

FB Taylor Will Help You Protect Your Investment

Visit our website to learn more information about commercial insurance.  

Common Home Insurance Facts To Remember While Researching Coverage

FB Taylor offers insurance coverage to the Nederland, TX community, as well as the surrounding areas. We offer our clients custom policies to help them manage risks. We have partnerships with over 30 different carriers. We are proud to serve as an independent insurance agency.

Common Home Insurance Facts To Remember

Your Nederland, TX home is one of your most prized possessions. Home insurance allows you to protect one of your most important assets fully. Here is a look at some common home insurance facts to remember while researching coverage.

Personal Items

Home insurance covers your personal items if they are stolen. However, if you have luxury items inside your home, you’ll have to add extra coverage to protect those items if something happens fully. Consider taking inventory of your personal items so that you’ll be aware of their true value if something is stolen or damaged.

Liability Coverage

Liability coverage is a significant part of your home insurance policy. You are covered if one of your guests gets injured while they are visiting your home. If you have any pets, the liability coverage also protects your pets if they bite someone or damage your neighbor’s property.

Structural Coverage

Home insurance covers any structural damage to the interior and exterior of your home. You are fully covered if your home catches fire or severe Texas weather impacts your home. You can add temporary lodging coverage to your policy if your home needs to be repaired. This gives you peace of mind that you’re protected while you find a temporary place to stay until your home is restored.

FB Taylor Will Help You Protect Your Assets

Visit our website to learn more information about home insurance.  

How does condo insurance compare to home insurance?

When it comes to deciding what type of building you want to call home, you will compare homeownership’s pros and cons vs. condo ownership. The differences between detached homes and condos are also reflected in a condo and home insurance. At FB Taylor in Nederland, TX, we are locally owned and operated. Our team works hard to make sure we meet or exceed all of our customer’s expectations.  

When you own a condo, you are not responsible for all the insurance on your unit. The condo association has a master policy that covers parts of it. You are not responsible for the exterior and the common areas. Depending on what type of condo you have, this can be elevators, parking lots, sidewalks, and recreation areas, as well as the roof. You are responsible for the things inside the walls of your unit. Before you decide on a condo insurance policy, be sure to read all the details of the condo master policy. Hence, you understand exactly where their coverage ends. You do not want a coverage gap.

Condo owners should add a type of coverage homeowners don’t need to buy, loss assessment coverage. This will help cover an assessment the condo association requires when an insurance claim goes beyond the maximum coverage. 

When it comes to liability coverage, condo owners only need to pay for coverage within your unit. The condo association covers the common areas. With home insurance, you need to pay for liability insurance for your entire property, garage, and lawn. 

The most similar type of coverage is personal property coverage. It doesn’t matter if you have a condo or a detached home; you have lots of personal property that needs protection. 

Contact FB Taylor in Nederland, TX when you need condo insurance. Our experienced team will help you find the perfect coverage. 

Classic car risk management.

If you own a Classic Car, it is usually not your main means of transportation. You own it because you love it, it is a hobby of yours, or you are thinking about making a business out of it sometimes to drive people to special occasions. So if it is only driven now and again, what type of insurance coverage do you need for your classic car?

FB Taylor Insurance agency in Nederland, TX, recommends that Classic Car coverage is tailored to your unique circumstances to ensure your treasured investment is protected for its full value. It would be best to have full peace of mind and freedom to enjoy it out on the road.

First, your vehicle should have comprehensive coverage required of all road users to protect against specific events like liability, collisions, damage through vandalism or accidental dents, and theft.

You should ensure your Classic Car for an Agreed Value Coverage. Since Classic Cars provide more value than their actual cash value amount that applies to newer, everyday cars, you need to settle a specific guaranteed payout amount with the insurance company. To ensure a fair amount, you can consult an industry-recognized valuation guide or have the car appraised by an independent evaluator. The important aspect of the Agreed Value Coverage is that it represents the full guaranteed value amount and is not subject to depreciation.

The last important part of the policy should state whether the car will be used privately or occasionally hired out for special functions. If that is the case, make sure that your policy is tailored to cover what you need.

If you are in Nederland, TX, the friendly FB Taylor Insurance brokers can help you choose policy options to ensure it provides complete coverage without paying for extra that you don’t need.

What boat owners in Nederland, TX need to know about boat insurance.

Now that you have purchased your boat, you anticipate all the fun you will have onboard with your family and friends. Being out on the water may be fun, but it can be dangerous. Any watercraft is prone to damages, even more so than your car. Hazards like fires, storms, collisions, and lightning can damage your investment in an instant. For peace of mind and to ensure that your hard-earned cash does not sink with your boat if anything untoward happens, it is sensible to take out a boat insurance policy. 

According to FB Taylor Insurers in Nederland, TX, it is not compulsory to take out a separate policy to insure your boat. Some home owner’s policies will cover repairs to structural damage of boats. They may even include damage to motors, hull, and fixtures. However, one significant element that they do not cover is the liability component included in a specially drawn up boat owner’s policy. 

The boat policy includes liability insurance covering both property damage liability and bodily injury liability. If you accidentally collide with another watercraft, any damages you may be responsible for will be covered by your policy. Similarly, if anything happens on board that results in personal injury to you or your guests, the policy will cover any damages claimed against you in such an accident.

Remember, life is unpredictable on land and even more so on the water. So, instead of worrying about all the things that can go wrong, taking out a boat insurance policy will help you relax and enjoy being the captain of your boat. Before you hit the water, call FB Taylor Insurance to discuss which boat insurance policy will cover all your needs.

Factors to Consider When Buying Auto Insurance

If you’ve ever had an auto accident, you know how important it is to have insurance coverage. Whether you’re a new or experienced driver, auto coverage from FB Taylor can keep you from financial loss. Here are some factors to consider when buying auto coverage or renewing your policy in Nederland, TX.

Your Budget

Auto insurance costs vary depending on your insurer and coverage. Before shopping for insurance, consider how much money you can afford to spend on coverage. Then look for insurance within that price range, so you don’t overextend your budget. As auto insurance is a highly competitive business, you’re bound to find the coverage you can afford if you take time to shop around.

The Coverage You Need

Next, consider what kind of coverage you need, considering the value of your car, your driving record, and your lifestyle. Texas requires that you have minimum liability insurance coverage to pay for damages you cause others in accidents that are your fault. Other types of coverage, like collision, comprehensive, and uninsured motorist, are optional. However, this coverage helps protect your car against theft, vandalism and collision and non-collision damage, so you don’t have to pay repair costs on your own.

Your Driving Habits & Record

Your insurance coverage should be conducive to your driving habits. If you’re a frequent or long-distance driver, you’ll need more protection than someone who only drives to and from local shops as you’re at greater risk of having an accident. By driving carefully and responsibly, you can avoid accidents and traffic tickets, which help drive up insurance costs.

At FB Taylor, we can customize your auto coverage to meet your specific driving needs. To learn more about our policies, contact an FB Taylor agent today. We serve residents in Nederland, TX, and surrounding communities.