How to Protect Your Boat From Severe Weather Damage

Severe weather can damage your boat in many ways. High winds can break moorings, heavy rains can cause flooding, and thunderstorms can produce dangerous lightning. Before severe weather hits, take these tips from Austin, TX’s TAB Insurance Agency LLC to protect your boat.

How to prevent storm damage to your boat

If you live in an area prone to severe weather conditions, it’s important to take measures to protect your boat from storm damage. The first step is to identify a safe storage location for your boat. This may be a garage, shed, or other covered structure on your property. If you don’t have a suitable storage option on your property, you may need to rent space at a local marina or storage facility.

Once you have a safe storage location for your boat, take the time to clean and winterize it before the start of the storm season. This will help to prevent damage from salt water and cold temperatures.

If a storm is forecasted, take action to secure your boat. Remove loose items from the deck and secure them inside the cabin or storage area. Double-check all lines and anchors to make sure they are secure.

Taking these steps to protect your boat from storm damage will help ensure you can enjoy many years of boating pleasure.

Does boat insurance cover storm damage?

If you have comprehensive boat insurance, your policy will likely cover storm damage. That said, it’s important to check with your insurer to be sure, as coverage can vary. It’s also worth noting that while your boat insurance may cover storm damage, it likely won’t cover damage caused by flooding, so it’s important to understand the difference.

TAB Insurance Agency LLC is a full-service insurance agency serving Austin, TX. We offer a wide range of products and services, including boat insurance. Contact us today to learn more about our boat insurance coverage options.

Why Do You Need Motorcycle Insurance?

Though you may be trying to save money where you can, the truth is that sometimes you can’t skimp and save. One of these is with your motorcycle insurance. 

Here are some reasons why you need motorcycle insurance. 

  • The law requires it. Most states require that everyone on the road has insurance. This includes cars, trucks, motorcycles, and even RVs. 
  • If you take out a loan, they may require insurance. They want to ensure they are protected so that they may require extra insurance on your motorcycle. 
  • Motorcycle insurance will cover medical bills. If you are involved in an accident, you may be held liable for all the expenses that come along with it. This may include hefty medical bills. 
  • You may also want to consider extra insurance, which will cover the repair or replacement of your bike. Collision insurance will help you pay to get your bike back on the road if it becomes damaged in an accident. 
  • There is also insurance if your bike gets damaged due to the weather or even vandalism. Comprehensive insurance will cover the cost of repairing your bike if it gets damaged during a windstorm or if someone does something to it while it is parked in front of your home. 

If you have a bike, you need to ensure that you have some protection. Not only does the law require insurance, but your loan company may also. You also may want insurance to help you protect yourself in an accident. 

To ensure that you are fully protected, no matter what happens, you need the right insurance policy. Don’t hesitate to contact us today at TAB Insurance Agency LLC in Austin, TX.

How Commercial Insurance Covers Cyberattacks

Whether you’re a sole proprietor or corporation in Austin, TX, you need commercial insurance. Also known as business insurance, a policy protects your organization’s property and personnel. Plus, specific versions of this insurance cover damages due to cyberattacks.

What are Cyberattacks?

Cyberattacks are unwelcome maneuvers targeting data servers, networks, or personal digital devices. Today, cybercriminals go beyond stealing or damaging data. For example, ransomware attacks take hostage computer data and infrastructures until payment is made. These activities cost companies and governments billions of dollars annually.

What Insurance Covers Cyberattacks on Businesses?

According to the TAB Insurance Agency LLC experts, companies should purchase cyber insurance that offers broad protections to help businesses recover from various technology-related risks. A standard policy covers financial losses due to cyberattacks. Furthermore, it helps pay for privacy investigations or lawsuits following an attack, as well as legal fees and settlements if a customer or employee sues your company.

Data Breach Insurance

Some companies bundle data breach insurance within a cyberattack policy while others keep it separate. In their case, it should be included in your portfolio since it responds to a breach of personally identifiable information (PII) or personal health information (PHI) being damaged or stolen. It’s useful if the issue is related to a cyberattack or if the information is accidentally removed and cannot be retrieved. 

Small businesses receive added benefits with a data breach policy. It helps cover the costs of notification, hiring a PR firm, and offers credit monitoring to affected parties. 

There’s more to understand about cyberattack insurance for an Austin, TX business. If you want to consider one, speak to a TAB Insurance Agency LLC representative. 

What Are Some Tips For Saving On Motorcycle Insurance?

Motorcycle riders can save money on insurance by purchasing liability coverage. This policy covers any property damage or injuries you cause in an accident. You can also save money on motorcycle insurance by increasing your deductibles, purchasing an additional collision or comprehensive policy, or installing an anti-theft device. For help in Austin, TX, consult TAB Insurance Agency LLC. 

Saving Tips for Motorcycle Insurance 

Motorcycle insurance rates depend on the bike’s model and year, age, driving record, and other factors. First, shop around and compare rates from at least three different insurers. Second, let your insurer know if you plan to leave the bike parked for an extended period. Many insurers offer reduced rates for motorcycles that are not driven often. Third, talk to your insurer about purchasing a policy with a non-standard rate. Policies with standard rates tend to be higher than non-standard rates, which can help you save money. 

One of the best ways to save on motorcycle insurance is to maintain a clean driver profile by keeping accidents and ticket-free for the last several years. You can also save money on motorcycle insurance by increasing your policy’s liability limits, decreasing your annual mileage, and getting Motorcycle ERP if you use public transportation frequently. Finally, you can save money on motorcycle insurance by choosing the right motorcycle. 

Motorcycle insurance is much more risk-focused than car insurance, so it’s essential to put safety first. Keep your bike well-maintained and track its mileage. You can also take advantage of safety features like anti-theft devices and alarm systems. Most importantly, always wear a DOT-approved helmet, as they are proven to reduce the risk of head injury by up to 69%. 

Parting Words 

Purchase a collision or liability policy instead of purchasing a comprehensive policy. This will reduce your costs. Buy a motorcycle that has the lowest insurance rate. Stay risk-free by purchasing motorcycle insurance with a Motorcycle endorsement. For help in Austin, TX, consult TAB Insurance Agency LLC.

Is boat insurance in Texas a good investment?

The Austin, TX area is a popular place for people to move to and enjoy their lives. One of the draws to this area of Texas is that there are a lot of great lakes and rivers to enjoy throughout the year. As you are looking to purchase a boat here, you also need to ensure that you get the right insurance for it. Having a boat insurance plan will be a good investment for various reasons. 

Boat Insurance will Cover Asset.

A primary reason to have boat insurance is so it can cover your asset. Your boat is an important asset that you will need to invest capital into to acquire. When looking to purchase a boat, it is crucial that you adequately cover your investment with insurance protection. Boat insurance gives the support you need if the boat is damaged or stolen. 

Offset Liability Risks

It would help if you also got a boat insurance plan to mitigate your liability risk. There will always be liability risks that come with owning and operating your boat. If you cause an accident that damages property or causes injuries, you can be liable. Your boat insurance policy will give the coverage needed to mitigate this risk. 

As you are looking to get a new boat in the Austin, TX area, you will always want to know that you are adequately insured. A boat insurance policy is a good investment, but choosing the right plan can be complex. Once you are ready to start looking for a new plan, beginning your search by calling TAB Insurance Agency LLC is a good option. TAB Insurance Agency LLC professionals will give you the guidance you need to choose your next policy. 

Why do people in Texas need to get boat insurance?

The Austin, TX area continues to be one of the fastest-growing parts of the country. Many people love this area due to the warm weather, which is around for almost the entire year. If you are looking to move to this area of Texas, owning a boat can be a good investment as you can use all the local waterways. Along with your boat, you should also get insurance for it. Boat insurance is typically needed for a few reasons. 

Coverage is a Lender Requirement

Buying a boat can be a very big purchase. Due to this, it is common that a boat owner will need to take out a loan when they complete their purchase of the boat. If this is the case in your situation, you need to carefully assess your insurance requirements. Many boat loan providers will require that borrowers maintain full coverage until the loan has been completely paid off. 

Coverage is Required by Local Marinas

It is also common in this area of Texas for local marinas or waterways to require insurance. A local marina will want to ensure that all boats and boat owners are adequately protected. A great way this can be done is by requiring all owners and users of the marina to provide evidence that they have a full boat insurance plan in place. 

People that are in the Austin, TX area and want to get boat insurance will want to speak with someone experienced and that they can trust. A great group to speak with is TAB Insurance Agency LLC. If you do call TAB Insurance Agency LLC you can learn a lot about your different insurance needs. The team can then give any support you need to build your next boat insurance plan. 

Can I add a motorcycle to my auto insurance?

In the state of Texas, all drivers need to show financial responsibility in the event that they cause an accident. That includes motorcycle drivers as well as those who drive autos. This means they must either give a cash bond or have liability insurance. The required amount is 30/60/25. That is $30,000 in bodily injury liability coverage for a single person in an accident, with $60,000 for all the people injured in an accident. $25,000 is for damage to property. In Austin, TX,  TAB Insurance Agency LLC has experienced agents who can help make sure you have the coverage you need. 

Many motorcycle owners are also automobile or truck owners and have auto insurance. The question of whether you can add a motorcycle to the auto policy you already have is bound to come up. It seems like it would make sense to just add the motorcycle to your auto policy, the same way you would add any other vehicle you acquire. It isn’t that easy though. You can not just add a motorcycle to your auto policy the same way as a car. 

That is not to say that you can not add it, but you must do it a different way. You must add an endorsement for your motorcycle that has the same liability as you are required to have by the state of Texas.

Not every auto policy allows you to add a motorcycle as an endorsement. If you happen to have one that doesn’t allow it, you can always just get a motorcycle policy and then bundle your policies. It will give you a multi-policy discount which, while it is not as convenient as putting it on the same policy, is the next best thing.  

Contact TAB Insurance Agency LLC in Austin, TX for all your motorcycle insurance needs. 

Small Business Insurance Coverage that Protects Your Business

Small business owners often get overwhelmed by the number of insurance policies available to them. Whether you own a contracting construction firm or a boutique, many of the coverage needs are the same. There are several types of insurance policies that all small business owners should consider purchasing. Let the professional team at TAB Insurance Agency LLC in Austin, TX help you select the appropriate policies so that your business is protected when the unexpected comes up. 

Crucial Coverage for Your Small Business

Business Interruption Coverage

In 2017, Hurricane Harvey stalled business operations for thousands of companies across Texas. As a result, many business owners were struggling to pay bills and employees during that time. This same scenario can happen to anyone, but for a small business, it can be devastating. Business interruption coverage offers financial assistance in specific situations that cause you to close your business for a certain period of time. Whether it is a gas leak or a hurricane, most policies like this will offer coverage of both bill payment and employee payroll.

Worker’s Compensation

If your business has a team of employees, Worker’s Compensation is a definite must. Accidents in the workplace happen, no matter how you try to avoid them. And, if an employee feels they have not been fairly compensated for lost wages due to injury, they could file a lawsuit against your company. Worker’s Compensation typically covers any medical and disability an employee can claim due to workplace injury. Additionally, some policies will include coverage of legal fees and representation in the instance you face a lawsuit.

Property Damage

Whether you are a start-up company or long since established, losing property associated with your business can be devastating. If you are considering the purchase of a property damage policy, speak with an insurance agent at TAB Insurance Agency LLC in Austin, TX. Our team will help you find a policy that includes all aspects of your business property, from structure to inventory.

Tips to Reduce Your Energy Usage

With energy costs on the rise, homeowners need to do everything possible to help keep their energy usage down and help keep their energy bills as low as possible. So take time to go through the home and make the following changes to help reduce your household’s energy usage in Austin, TX. 

While making changes in your home to reduce your energy usage, don’t forget to protect it from the elements. Reach out to our agents today at TAB Insurance Agency LLC for information about protecting your home. 

Energy-Efficient Appliances

Energy-efficient appliances include washers, dryers, refrigerators, microwaves, and dishwashers. When replacing existing devices, opt for energy-efficient units by looking for those with the Energy Star Logo. 

Solar Power

Switching to solar power can help significantly reduce energy usage in a home. However, if switching to solar power for the entire house is not an option, consider converting your water heater and pool pump over to solar power. By changing these two units, you can help conserve a significant amount of energy. 

Smart Thermostat

Switching to a smart thermostat allows you to control it on your phone or other internet-connected devices. Using a smart thermostat means you can change things while you are away and monitor your home’s temperature. Additionally, turn the heat down a few degrees than usual to save on energy usage. 

Leaky Faucets

Check your entire home and fix leaky faucets. Fixing leaks can reduce the number of wasted water and your annual water consumption. 

Austin, TX residents can do several things to help reduce the energy they use in their homes. Once your home is more energy-efficient, it is time to review your insurance policy. Give TAB Insurance Agency LLC experts a call for additional information on protecting your home once you have made it more energy-efficient. 

Motorcycle Laws for Texas

To ride a motorcycle in Texas, you must follow the motorcycle laws for helmets, passengers and have proof of financial responsibility or the minimum liability insurance. We serve motorcyclists for all of their insurance needs at TAB Insurance Agency LLC.

Helmet Laws

Helmet laws were created for your safety while riding. You must wear a helmet unless you are a minimum of 21 years old and you have health insurance to cover medical and hospital costs if you are in an accident. This is the same law for both a rider and a passenger.

Motorcycle Licensing

You must complete a motorcycle safety course to apply for a motorcycle license in Austin, TX, also known as a Class M license. This can be waived if you are already licensed to ride a motorcycle in another state.

Minors

Applicants must be 15 years old to get a Class M license and they need to complete a 32-hour course in advance of the application process. They may be given a provisional license in which they can only operate a 250 cubic centimeter piston displacement for a year before securing a non-conditional license. All Class M applicants must complete a driving test on the road.

Motorcycle Insurance

The great state of Texas requires all motorcycle drivers to prove their financial responsibility in the case of an accident that they cause. For most individuals, the easiest method of this is to obtain motorcycle insurance.

The minimum liability insurance to carry for a motorcycle is expressed as 60/25/30, meaning it must cover $60,000 for bodily injury coverage per accident, $25,000 in property damage coverage for each accident, and $30,000 for bodily injury coverage for each person injured in an accident.

At TAB Insurance Agency LLC, we realize the motorcycle laws and insurance requirements may be a bit confusing. You can contact us by phone or come by the office near Austin, TX in Frisco to get any additional information you may need. We are here to serve you.