What are the Three Things You Should Consider When Buying Auto Insurance?

Posted on December 19, 2023January 2, 2024 by admin

Every auto insurance policy issued in Round Rock, TX is unique. While many factors go into buying auto insurance, drivers should consider three prime ones when settling on coverage. DGIA, LLC can take the confusion out of auto insurance with its comprehensive services.

Your Auto Policy Should Reflect Needs and Budget

The three most important things you should consider when looking for an auto insurance policy are the vehicle you own, your priorities, and your budget. Insurance premiums can vary over time, so understanding how your choices fit into selecting a policy and coverage is essential. When evaluating these three factors, also ask yourself the following questions:

How much do I drive?
Do I use my auto for work?
Where do I live and park my vehicle?
Will anyone else drive it?
Is the auto financed or leased?
How much do I love my vehicle?

You’ll need to get minimum liability coverage to drive legally in Texas. However, we recommend getting coverage significantly higher than the minimum to protect your interests. A bare-bones policy can cost you considerably more money in the long run if you are in a major accident.

How Your Budget Influences Your Policy

If you have a brand-new or new-to-you vehicle, you’ll most likely want to get as much collision and comprehensive coverage as possible to pay for any damages if you are involved in an accident. The age of your vehicle, your driving record, and your credit score all affect how much your premium is.

The agents at DGIA, LLC, serving Round Rock, TX, will gladly help you determine policy limits that will fit your budget and cover your needs. Contact our office today to discuss your concerns and learn how affordable an auto insurance policy can be.

Building Your Business’ Commercial Insurance Policy

Posted on November 20, 2023November 21, 2023 by admin

When you call DGIA LLC about a commercial insurance policy for your Round Rock, TX business, we will ask in detail about your business. We aren’t nosy; we want to provide you with the ideal policy that covers only what you need. That proves important because commercial insurance continues to grow in diversity as new industries develop.

Massive Diversity in Commercial Insurance

The vast diversity in commercial insurance spans more than 25 common coverage types. Which ones each business needs differ. That’s why buying a commercial insurance policy requires a consultation with an insurance agent – so the business receives exactly the needed coverage. This process saves money by avoiding unneeded options.

For example, doctors need malpractice insurance, but dance studio owners need glass insurance. A pizza place that delivers needs commercial auto insurance, but a retail store with an older heating system needs boiler insurance. Each business needs commercial liability because people visit its place of business.

Which Coverages Do You Need?

Your business needs custom coverage to protect it from financial risk and loss. Many small and mid-sized businesses qualify for a business owners’ policy (BOP) that includes the four most common coverage types in one package for a lower premium than purchasing them separately. We can help corporations with their business needs, too, just not with a BOP.

Contact Us Today

Don’t let your business go without the coverage it needs. Contact DGIA LLC, serving Round Rock, TX for the policy package that best suits your business. Our comprehensive interview reveals the insurance your business needs, and we can efficiently build a package that ideally suits your business needs.

Can Classic Car Insurance Cover Repairs and Upgrades?

Posted on October 20, 2023November 1, 2023 by admin

When you think of classic car insurance, you may think about how it can protect your classic or exotic vehicle from theft, liability, and other concerns that most classic car coverage addresses. Sometimes, when clients approach our office at DGIA LLC in Round Rock. TX, they have a limited view of how classic car insurance could help them protect their vehicle and cover expenses associated with owning a classic, luxury, or modified vehicle. While every insurance policy has terms and conditions that are unique to that coverage, you can ask our team about options for covering repairs and upgrades on your classic car.

Can Classic Car Insurance Cover Repairs and Upgrades?

Even though each policy has terms, limits, and conditions that vary, it’s safe to say that some classic car coverage could provide coverage for repairs and upgrades. Although your specific policy might not have this feature, there may be policies out there that could provide this coverage if you ask about it. A basic classic car policy probably won’t offer this type of coverage if it only offers the absolute bare minimum. Still, you may be able to tack on additional coverage to prepare for situations where you wouldn’t be able to cover a repair or upgrade.

Some policies might only cover repairs while others might only offer coverage for upgrades, so it’s important to communicate with the insurance agent or professional who works with you to determine where your policy’s limitations may lie. If parts were stolen, you might be eligible for coverage for replacements. Depending on your specific policy, you might also be able to cover original parts instead of aftermarket ones.

For details about our classic car policies, call DGIA LLC in Round Rock, TX!

Does my renters insurance protect me if someone gets hurt while visiting my apartment?

Posted on September 22, 2023October 3, 2023 by admin

You probably think of your renters insurance as protection for your furniture and other belongings. If there is a fire, theft, or other event that causes your property to be lost or damaged, renters insurance will probably help you recover from that loss.

Liability Protection for Visitors

Renters insurance has another important benefit. If someone is injured on your Round Rock, TX property, and it is determined to be your fault, your insurance will help to take care of that person’s injuries. At DGIA LLC, we want to help you understand how renters insurance can help you when there is an accident.

It can be frightening when someone is injured, and a lawsuit will be the last thing on your mind. Your first priority will be making sure that the injured party gets the help they need so they can start the road to recovery.

When the accident is your fault, your insurance will pay up to your policy benefits for the medical bills of the injured person. That includes medications, follow-up treatments, and even legal fees if your visitor decides to sue you. You are only responsible for paying your deductible before your insurance starts paying on the claim.

Limitations On Liability Protection

Unfortunately, this protection does not extend to anyone who is living in your home. If you or a family member are injured, you will probably need to use regular health insurance to pay for your medical bills.

Reach Out To Us

If you live in or around Round Rock, TX, DGIA LLC can help with all your renters’ insurance needs. If you have any questions or want to make sure you have enough coverage, please feel free to call today.

What kinds of extra protection can I get for my motorcycle?

Posted on August 24, 2023September 11, 2023 by admin

Just like automobile drivers, anyone operating a motorcycle in Texas must have basic liability coverage. Round Rock, TX is a great place to ride a motorcycle, as there are opportunities all throughout the year to experience the weather and the seemingly endless miles of roads with beautiful scenery. This is a great area for ready access to both nature and everything you want to experience in the city.

Hoover, you still need to make sure you have adequate protection. Anyone can be in an accident, and at DGIA LLC, we want to make sure you have the protection you need ahead of time.

What Is Covered Under the Minimum Policy?

Some people think they can save money by purchasing the least expensive insurance, but this will often leave them without the coverage they need. The minimum legal policy only requires liability coverage, which would pay out to a victim if you caused an accident.

However, medical bills often exceed those amounts. The minimum requirements also do not cover any kind of damages.

What Other Kinds of Protection Can You Get?

Speak with your agent about whether you really feel comfortable with the smallest amount of coverage. Also, discuss other ways you may be vulnerable. For instance, extra coverage will help protect you in these circumstances:

When the other driver doesn’t have insurance or doesn’t have enough insurance, your uninsured/underinsured policy will help cover you.
Collision coverage protects you if you are at fault.
Comprehensive coverage steps in for other kinds of damage, like weather-related incidents or vandalism.

Those aren’t the only kinds of hazards you may face. At DGIA LLC, we want to make sure you have peace of mind by getting the protection you need to ride in Round Rock, TX. Call today to see what we have to offer!

Four rules to follow when you buy boat insurance

Posted on July 21, 2023July 21, 2023 by admin

If you’re looking for boat insurance in Round Rock, TX, we can come to your assistance. DGIA LLC is an insurance provider that can meet your boat insurance needs.

There are a few important rules that boat owners should follow when they buy insurance.

The following are four rules to follow when you buy boat insurance:

Choose an agreed-value policy

You can choose whether you buy an agreed value policy or an actual value policy. Agreed value policies are ideal because they ensure that you’ll be compensated for a certain amount in the event of a total loss. This way, you won’t be compensated less because your boat has gone down in value as a result of depreciation.

Be aware of the boat insurance requirements you must meet

Boat owners are often required by their boat loan lender or marina to have boat insurance. You need to know how much coverage you’re required to have to make sure that you’re meeting the rules of your lender or marina.

Buy added liability coverage

Investing in added liability coverage can really pay off. Liability expenses can be very high if you are held responsible for a boating accident. With added liability coverage, you can avoid having to pay expenses out of pocket.

Make sure you have total salvage coverage

Some boat owners overlook total salvage coverage when they buy boat insurance. If your boat gets wrecked, salvage coverage will pay to remove it from the water. This can be a significant expense, so you’ll definitely want to include coverage for 100 percent of salvage costs.

Reach Out To Us

When you buy boat insurance, you need to get policy quotes on insurance providers offering coverage in Round Rock, TX. Call us at DGIA LLC and we’ll give you a quote on a policy that will cover your boat.

Does umbrella insurance replace my other policies?

Posted on June 15, 2023June 13, 2023 by admin

Umbrella insurance from DGIA, LLC is a great way to add an extra layer of protection for your finances and legal liability. But does umbrella insurance replace other policies here in the Round Rock, TX area?

The short answer is no, but it can supplement them in many ways.

Umbrella insurance does not take the place of auto, home, or health insurance as those cover specific incidents that occur within their policy limits. Instead, umbrella insurance provides additional coverage if the limits of other policies are exceeded. For example, if you were found legally liable for an accident causing more than $1 million in damages but only had a $100,000 auto policy limit, then your umbrella policy would kick in to cover the remaining costs up to its limit.

Umbrella insurance also covers certain lawsuits and legal fees which your other policies may not include; such as libel or slander lawsuits. In addition, umbrella insurance often covers events that aren’t included in most standard policies like false arrest, invasion of privacy, and malicious prosecution.

Overall, while umbrella insurance cannot replace traditional policies like auto and home insurance, it provides a much-needed buffer to protect your financial interests from unexpected expenses that could be beyond the scope of other coverage plans. That’s why having a good umbrella insurance policy is so important for anyone who has assets to protect.

We Are Here To Help

If you’re considering purchasing an umbrella policy, it’s wise to review your existing policies and speak to an experienced insurance professional. So give us at DGIA, LLC a call today. We are proud to serve the Round Rock, TX area and would be happy to help you find a policy that not only meets your needs but your budget as well.

Does Flood Insurance Cover Whole House Replacement?

Posted on May 19, 2023June 1, 2023 by admin

At DGIA LLC, we understand how confusing and frustrating it can be to navigate the world of flood insurance policies. As residents of Round Rock, TX, we know all too well the potential risks of living in a flood-prone area.

What is Covered by Flood Insurance?

Flood insurance policies can cover various damages caused by floods, including structural damage, damaged appliances and carpeting, and damage caused by sewer backups and mudslides. It’s important to note that many policies have different coverage limits and exclusions, so it’s essential to read your policy carefully and speak with your insurance agent to understand what it covers.

What is Whole House Replacement Coverage?

Whole house replacement or replacement cost coverage is optional in many flood insurance policies. This coverage provides more comprehensive protection than standard policies, where the payout is typically based on the depreciated value of the home. With whole house replacement coverage, you will receive compensation for the full replacement cost of your home and its contents, regardless of their depreciated value.

Does Flood Insurance Cover Whole House Replacement?

The short answer is that it depends on your policy. Whole house replacement coverage is not typically included in standard flood insurance policies and must be added as an optional endorsement. However, if your policy includes this coverage, in the event of a flood that causes extensive damage to your home, you may be eligible to receive compensation for the total replacement cost of your home and its contents.

Reach Out To Us!

At DGIA LLC, our flood insurance policies are customizable, and we work closely with each of our clients to ensure they have the coverage they need to protect their Round Rock, TX homes and belongings. We encourage you to contact our team if you want to learn more about our flood insurance policies and the optional whole-house replacement coverage.

A guide to condo insurance coverage

Posted on April 11, 2023May 1, 2023 by admin

When you want to enter the housing market, one of the affordable ways to do that is to purchase a condo. At DGIA LLC in Round Rock, TX, we are an independent insurance agency that works hard to make sure that you have the right condo insurance for your needs.

Condo Insurance: The Basics

Condo insurance has many of the same types of coverage as home insurance. At the same time, condo coverage is unique to condos. Along with the benefits that you get from your HMO payments every month, your condo association also has an insurance policy that covers the exterior of the building that houses your condo. It also covers the shared common areas like the lobby, elevator, parking lot, pool, and any other shared amenities.

Your property insurance coverage on your condo policy will begin at the point where the condo association insurance stops. So the fixtures inside your individual unit are usually covered by your insurance unless the condo coverage is "all in". Read your covenant so that you won’t get a surprise if you have to file a claim.

Your liability coverage protects you from actions taken by someone injured inside your unit. The condo association’s master policy covers the outdoors and the common areas.

When it comes to your personal property, the coverage is much the same as home insurance. You can opt for the current value or replacement cost. It is up to you how much you want to cover your property and how much you will actually replace.

The final piece of coverage is your loss of use coverage. If your condo is damaged by a covered hazard, this insurance will pay for a place for you to stay while your unit is being repaired.

Give Us A Call

Contact DGIA LLC in Round Rock, TX when you are ready to discuss your condo insurance.

5 Benefits of Getting Life Insurance In Texas

Posted on March 23, 2023March 23, 2023 by admin

If you live in the Round Rock, TX area, you should strongly consider life insurance with a provider like DGIA LLC. In fact, getting life insurance is a good idea for most Texas residents, as it can help guard you and your loved ones against life’s uncertainties. So, let’s take a closer look at some of the benefits of acquiring life insurance in the state of Texas:

Financial security for loved ones

Life insurance can provide financial security for your loved ones in the event of your unexpected passing. This can help them cover expenses such as funeral costs, outstanding debts, and ongoing living expenses. Life insurance is one of the only ways to guarantee a large payout to your beneficiaries.

Protection for your business

If you’re a business owner, life insurance can help protect your business by providing funds to cover expenses in the event of your passing. This can include paying off loans or other debts, covering expenses for a replacement employee, or funding a buy-sell agreement with business partners.

Better estate planning

Life insurance can also be an important tool for estate planning. It can help ensure that your beneficiaries receive the financial support they need without having to sell off assets or deplete savings.

Tax benefits

In some cases, life insurance policies can offer tax benefits. In Texas, these may include tax-free death benefits and the ability to accumulate cash value tax-free.

Greater Peace of mind

Finally, having life insurance can provide peace of mind knowing that your loved ones will be taken care of if something unexpected happens to you. This can help you focus on living your life to the fullest, without worrying about what might happen in the future.