Should Everyone Who Lives in a Rental Home Be Included on the Renters Insurance Policy?

Posted on May 30, 2025May 28, 2025 by admin

Renting a home comes with numerous benefits, including fewer maintenance responsibilities, more flexibility, and often, lower costs. However, it also comes with certain responsibilities, particularly in safeguarding your belongings. At DGIA LLC in Round Rock, TX, we frequently answer questions about renters’ insurance, and one of the most common is: Should everyone living in the rental be listed on the policy?

Who Should Be on the Policy?

This depends on the relationship between the occupants. If you’re sharing a place with a spouse or a family member, you’re typically covered under one policy. However, if you’re living with unrelated roommates, things get a bit more complex. Most renters’ insurance policies only cover the named insured and sometimes their immediate family, so your roommate’s belongings probably aren’t protected unless they’re covered under the policy too.

Why It’s Important

If your roommate isn’t listed and a fire or break-in occurs, their belongings won’t be covered by your policy. This could lead to uncomfortable conversations and unexpected costs. It’s also important to note that sharing a policy means sharing liability coverage. If your roommate accidentally causes damage or injury, your policy could be the one covering the costs.

Consult an Agent Before Making a Decision

Renters’ insurance isn’t a one-size-fits-all solution, and that’s why it’s wise to consult someone who understands the details. At DGIA LLC, we help renters in Round Rock, TX, determine the best way to protect what matters most. If you’re unsure about how to handle coverage for your household, reach out today. We’re here to ensure everyone under your roof is covered appropriately.

The Difference Between Comprehensive and Collision Motorcycle Insurance

Posted on April 30, 2025April 28, 2025 by admin

Being a responsible motorcyclist in Texas involves understanding your motorcycle insurance options. As your insurance representative, DGIA LLC, serving Round Rock, TX, is pleased to explain the difference between comprehensive and collision coverage for motorcyclists. This is one of the most frequently asked questions we receive from new and existing customers.

Collision Coverage

Collision insurance helps pay for damage to your motorcycle if you’re involved in an accident with another vehicle or if you hit an object like a guardrail, pole, or fence. It applies regardless of who was at fault in the accident. For example, if you slide on wet pavement and your bike tips over into a curb, collision coverage would help pay for repairs or even a full replacement if the motorcycle is totaled.

Comprehensive Coverage

Comprehensive insurance covers damage not caused by a collision. This includes risks like theft, vandalism, fire, falling objects, hail, or even animal-related incidents, such as hitting a deer or finding your seat shredded by raccoons. If your motorcycle is stolen from your garage or damaged during a storm, comprehensive coverage is what you would rely on.

Why You Might Need Both

While collision handles on-road incidents, comprehensive coverage protects you from off-road risks and unpredictable events. Most motorcycle owners benefit from having both types of coverage, especially if the bike is relatively new, expensive, or still being financed.

It’s also worth noting that neither comprehensive nor collision coverage handles medical bills or liability for injuries to others—separate parts of your motorcycle insurance policy handle those.

Understanding the difference between comprehensive and collision coverage ensures that you know precisely what your policy covers and what types of damage are included. Contact DGIA LLC, serving Round Rock, TX, to learn more about how to protect you and your motorcycle best.

Just Bought a New Speed Boat? You Need Boat Insurance

Posted on March 28, 2025March 26, 2025 by admin

At DGIA LLC, we understand that there’s nothing quite like a new speedboat to get your adrenaline pumping. After all, reaching high speeds on the many lakes around Round Rock, TX offers endless opportunities for fun! However, securing high-quality insurance ASAP is crucial to protect yourself from potential risks.

Speed Boats Require Extensive Protection

Purchasing a speedboat opens a world of excitement and thrill that can transform lives forever! Given their high cost and potential risks for inexperienced drivers, keeping them safe is critical. High-quality insurance can prevent common problems and protect your investment.

Protection You Deserve

We know that buying a new watercraft insurance policy can seem costly to many. However, it’s far better than the alternative: severe financial and legal issues due to serious incidents and accidents. Just a few elements of your speedboat insurance policy to consider include:

Watercraft liability protection to keep you safe if you accidentally injure someone
Pollution liability coverage to avoid high costs and expenses if you cause a spill
Medical payments if you or someone on your boat gets injured (even when leaving it)
Trailer coverage to keep your hauling vehicle safe (damage is more common than you think)
Boat lift protection (common if you have a summer home that uses a lift)
Trip coverage (if you plan on going anywhere with your boat this summer)
Watercraft housing (keeps your garage or storage shed safe from damage)

We’re Ready to Assist You

Investing in a new speedboat is a significant decision, so call DGIA LLC today to get the protection you need! Whether you live in Round Rock, TX, or the surrounding area, we’re here to offer the hands-on, high-quality support that makes the most sense for your needs. Let’s get you started today!

How Umbrella Insurance Protects You From Social Media Liability

Posted on February 28, 2025February 25, 2025 by admin

Social media has become an integral part of everyday life. Whether you share personal updates, express opinions, or engage with others online, your words can have real-life consequences. Many people don’t realize that a simple post, comment, or even a shared article can lead to legal trouble. At DGIA LLC in Round Rock, TX, we want to help you understand how umbrella insurance can protect you from the unexpected risks associated with social media use.

The Hidden Risks of Social Media

It’s easy to assume that what you post online remains harmless, but defamation lawsuits are becoming more common. If someone believes a post you made damaged their reputation, they could sue for libel. Even sharing a misleading article or commenting negatively about a business could lead to legal action. Parents may also be held responsible for what their children post online, especially if it involves bullying or harassment.

How Umbrella Insurance Provides Protection

A standard homeowners’ or renters’ insurance policy may offer some liability coverage, but it often has limits. Umbrella insurance steps in when those limits are exceeded, providing extra financial protection if you’re sued for defamation, slander, or other legal claims related to social media activity. This coverage can help pay for legal fees, settlements, and other costs that might otherwise create a serious financial burden.

Stay Protected in the Digital Age

In a world where social media can lead to unexpected legal trouble, umbrella insurance offers an extra layer of security. DGIA LLC in Round Rock, TX is here to help you find the right coverage to protect yourself and your family. Contact us today to learn more about how umbrella insurance can give you peace of mind.

Flood Insurance Protection for a Dining Establishment

Posted on January 31, 2025January 28, 2025 by admin

Is your restaurant prepared to handle rising floodwaters? Consider your establishment’s risks and then research the flood insurance coverage that is right for you.

Inadequate Drainage Conditions

Inadequate drainage conditions could affect the extent of flooding your restaurant incurs. Inspect the drainage materials located in your restaurant’s kitchen and assess the drainage materials installed on the land where your restaurant is located. Consider insuring the drainage components and adding flood protection to your insurance policy.

Flood Zone Considerations

A flood zone is a region with an enhanced risk of flooding. If your restaurant is located in a flood zone, it is imperative to seek the coverage needed to protect your establishment from rising floodwaters. If your restaurant isn’t located in a flood zone, use your own judgment to determine if you would benefit from obtaining flood insurance.

Business Essentials

The business essentials you rely on each day should be insured. Appliances, furnishings, computer equipment, and other critical business items can be added to your flood insurance policy. The items you list in your policy will be protected from water damage and contaminant damage. If your restaurant is damaged during a flood, you can seek drying processes and cleaning processes. The actual coverage amounts will be outlined in your flood insurance policy.

Business Updates To Consider

Once you have acquired flood protection, keep track of any updates made at your place of business. For instance, if you ever decide to renovate your restaurant, you may need to update your flood insurance policy.

Contact An Insurance Agent in Round Rock, TX

Contact one of our agents at DGIA LLC to discuss flood insurance products and to have your restaurant’s insurance policy updated.

Why Lenders Require Condo Insurance

Posted on December 30, 2024December 23, 2024 by admin

If you’re planning to buy a condo and need to take out a mortgage, your lender will likely require you to have a condo insurance plan. Even if you’re not taking out a mortgage, condo insurance coverage is still a wise idea. If you need help selecting the right insurance plan and are looking for agents who serve Round Rock, TX, and nearby communities, consider working with DGIA LLC. Let’s explore why lenders require insurance.

Lenders Aim to Mitigate Risks

Simply put, the right insurance plans mitigate many risks. This is true not just for the property owner but also for lenders. Mortgages are collateralized, meaning the loan is backed up by collateral, typically the property purchased.

If the borrower defaults on their loan, the lender can take possession of the home to sell and recoup money. This means the value of the property is significant to the lender. The more valuable the property, the more the lender will be able to recover should they have to sell the condo or home.

If a storm or other disaster damages a condo property, the value of individual condos will decrease, especially if the property isn’t repaired and restored. While the condo’s management organization may have insurance covering some of the damage, that insurance probably won’t cover everything.

The right condo insurance will provide additional coverage and may cover storm damage to specific condo units, protecting both the property owner and the lender. Of course, reading the fine print of any coverage plan is crucial to understanding what’s covered. If you need help selecting condo insurance and want to work with agents servicing Round Rock, TX, DGIA LLC can help.

How Term Life Insurance Works

Posted on November 26, 2024November 25, 2024 by admin

Term life insurance is one of the two main types of life insurance, along with whole life policies. A term life policy works very differently from a whole life policy. This type of policy has advantages and disadvantages. For many people, the advantages weigh out, and they choose this type to protect their families financially when they are gone. When you want to get started with life insurance, give us a call at DGIA LLC in Round Rock, TX.

The Active Period

Term life insurance gets its name from the specific term during which the policy is active. An active term of time is specified at the beginning of the policy. This is the number of years that the policy will be active. Once that number of years passes, the policy will expire. This expiration date is something that some people find to be a disadvantage, but these policies also come with a significant advantage. Term life policies are much less expensive than whole life policies. That makes them affordable to many families who wouldn’t otherwise be able to afford life insurance.

The Death Benefit

When you have a term life policy, one death benefit amount is paid to the policyholder’s beneficiaries once the policyholder is gone. If you have a whole life policy, a cash amount can be borrowed and deducted from the death benefit. There’s no need to worry about this with a term life policy. It will always have the same death benefit associated with it. This can give beneficiaries peace of mind, knowing they will be cared for.

Get Life Insurance in Round Rock!

You need a life insurance policy to keep your family protected. Call DGIA LLC in Round Rock, TX, to get started with this coverage.

Does car rental and towing come standard on an auto policy?

Posted on October 28, 2024October 25, 2024 by admin

At DGIA LLC in Round Rock, TX, we understand that auto insurance isn’t a one-size-fits-all package. It’s more like a visit to Burger King, where you can genuinely ‘Have it your way.’ You have the power to customize your policy to suit your unique needs, meaning not everything is automatically included.

When it comes to auto insurance in Texas, specific state requirements must be met. These include a minimum of liability insurance coverage, with any additional coverages considered as ‘extras’ that you can choose to add to your policy.

Rental and Towing Coverages

Rental car coverage is a policy add-on that provides you with a vehicle to use after an accident. It’s designed to keep you mobile, whether you need to get to work, school, or anywhere else while your car is being repaired.

Towing coverage is often a 24/7 option that comes in handy when your vehicle is inoperable and you need it towed to the shop for repairs, to a body shop, or anywhere else you wish for your car to be taken so that it is off the side of a dangerous highway. Towing coverage also includes pulling you out of a ditch, jumpstarts, tire replacement (putting on your spare tire), or bringing you essential fluids like water or gasoline to get you going again.

It’s important to note that many insurance policies don’t offer rental or towing on a standard liability policy. You might be required to have comprehensive and collision coverages on your policy.

More Information on Rental and Towing Coverage

At DGIA LLC in Round Rock, TX, we are here to answer your questions about rental and towing coverages. We will inform you about what they cover, whether coverage can be added to your policy, and the cost of adding them. Give us a call at (737) 332-3442.

Minimal Commercial Insurance Requirements for Texas Business Owners

Posted on September 30, 2024September 30, 2024 by admin

While Texas legislation doesn’t mandate Round Rock, TX, business owners to carry business insurance or employers to have workers’ compensation coverage, several forms of commercial insurance are crucial for operating a profitable enterprise. Moreover, additional policies may offer significant savings and security in the face of unexpected incidents.

Key Business Insurances Needed in Texas

If your business operations involve a vehicle, you’ll need an appropriate commercial auto insurance policy that covers accidents during deliveries, transportation of goods to market, or service provision at a client’s location.

Product sellers on platforms like Amazon should consider liability coverage. It offers financial protection against claims relating to injury or property damage caused by your goods. Moreover, business owners availing commercial mortgage loans may need to fulfill specific insurer requirements.

Professional Commercial Insurance Services from DGIA LLC

The potential loss of a business due to a natural disaster or lawsuit, tipping the scales of investments and hard work toward a costly deficit, is a nightmare for every entrepreneur. At DGIA LLC, we offer insurance coverage to Round Rock, TX business owners, ensuring you have the protection needed to bounce back after unforeseen circumstances. Don’t hesitate to contact us to explore our commercial insurance policy options or get a quote on a policy bundle.

What Makes a Car “A Classic?”

Posted on August 30, 2024August 28, 2024 by admin

Insuring Classic Cars: What You Need To Know

At DGIA LLC, we offer a multitude of vehicle insurance products in the Round Rock, TX area.

We specialize in protecting your investment in SUVs, motorcycles, RVs, and classic cars. Many people have a vague understanding of classic cars, often associating them with vehicles from an era long past.

Defining a Classic Car

While the term ‘classic car’ is widely used among car enthusiasts to impress various connotations, for registration and insurance purposes, a classic car is defined as a vehicle that is at least 20 years old but not more than 40 years old.

Among classic car aficionados, though, a classic car can be any vehicle that’s rare, unique, or produced in limited quantities.

Why Proper Insurance Matters for Classic Cars

Classic cars tend to be insured differently from daily-use vehicles, primarily because their values are often higher than standard "book value." Furthermore, classic cars are usually driven less frequently and may be stored securely or transported to special events and car shows via trailers. Ensuring these vehicles requires an approach that considers this scenario.

Get A Classic Car Insurance Quote from DGIA LLC

If you’re a resident of the Round Rock, TX area and own or are considering owning a classic car, DGIA LLC can help safeguard your investment. We understand the nuances of unique vehicles and collaborate with insurers who specialize in these cars. Contact us today to discuss your classic car, how you plan to use it, and how to best insure it. We are here to assist you.