Do you legally need to carry commercial insurance for your business?

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Operating a business in Arlington, TX, even a small one, can be more than a full-time job. Long days can be filled with worry and stress. Business insurance from Rickey McGill Insurance Agency can help alleviate some of that worry and stress.

There is no question about the value of business insurance. But is it a legal requirement?

With the exception of Workers’ Compensation and Unemployment Insurance, commercial insurance is not a legal requirement. However, there are plenty of reasons to secure it for your business.

Protection Against Property Loss

Business insurance can cover your assets and inventory from loss due to a variety of perils. These include fire, theft, and vandalism.

Income Loss Coverage

Business insurance can insure your income if your business cannot operate due to a covered peril.

Liability Claims Protection

One of the significant risks businesses face is an injury accident claim from a slip and fall or another peril. Business insurance can also help cover legal expenses associated with a lawsuit.

Cyber Crime Coverage

A business insurance policy can be customized to provide protection against a variety of cyber crimes.

Commercial Vehicle Coverage

If you use personal vehicle insurance to cover vehicles used for business purposes, you are risking your business. See us for appropriate commercial vehicle insurance.

Secure a Business Insurance Plan Today

If you are a business owner in the Arlington, TX area, connect with Rickey McGill Insurance Agency to get started on a business insurance program for your company. We are here to answer your questions and provide a quote. We look forward to helping you protect your enterprise.

Preparing your home for an emergency

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Residents of Texas are all too familiar with the chaos that can result from the emergencies and natural disasters the state has experienced in recent years. At Rickey McGill Insurance Agency in Arlington, TX, we are here to ensure that you have insurance coverage to help you recover from the losses caused by an emergency or natural disaster.

Emergencies often occur with little warning. It’s crucial to be prepared at all times to protect certain possessions and essential documents. Whether it’s a tornado, a flood, or an ice storm, it’s important to have your important papers together in one place so that you can grab them and go if necessary. They should also be stored in a water and fire-proof container.

Having a generator can make a significant difference between living life as close to normal as possible and having to rough it. Ensuring that you have fuel to run it is essential. Having lanterns and candles is vital if you don’t have a generator. We often take water for granted, which may be in short supply during an emergency. Having water for drinking, washing, and flushing the toilet is an important part of preparation.

Secure outdoor items. Bring in or put away anything that could become a projectile. Clean the gutters so that they flow freely, and keep trees and bushes well trimmed. Sandbags can come in handy if flooding occurs. Also, have an escape route if you need to leave the area.

When you have home insurance questions and needs, our Rickey McGill Insurance Agency team in Arlington, TX, can provide the answers you need. Call us or contact us through our website.

Moving to Another State? What That Means for Your Auto Insurance

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Spotting out-of-state license plates can be a fun pastime during long car trips. But what happens when you become the out-of-state license plate due to a permanent move? What are your legal obligations? In Texas, you have 30 days to change your registration and 90 days to change your license. However, these timelines may vary in other states. Regardless of the state, there are certain steps you’ll need to follow.

Steps to Take When Moving to a New State

You cannot have more than one policy for a single car. Therefore, you have to end the old policy to get a new one. Once you’ve determined your grace period, secure a new car insurance policy before time runs out. You might not need to change insurance companies if they cover your new state. Remember, each state has its own minimum coverage requirements. You can apply for a new license once you’ve got your new policy. This will require filling out an application form and paying a fee. Next, it’s time to register your car in the new state, which you can probably do at the same time and place you applied for a new license. You’ll need your license, proof of insurance, and vehicle title. Then you’re all set!

Rickey McGill Insurance Agency: Serving Arlington, TX

We at Rickey McGill Insurance Agency wish you all the best when you move to another state. If you live in the Arlington, TX, area, feel free to contact us for your auto insurance needs!

My RV Took Flood Damage! Now What?

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The beauty of owning an RV is the freedom to take it anywhere. But what if you find yourself in an unexpected situation like a sudden storm turning your motor home into a makeshift houseboat? What do you do then?

Recreational Insurance to the Rescue

With recreational insurance, things won’t be as dire as they seem. Most recreational insurance policies cover damage from storms and floodwaters. You are covered whether the water came through a broken window or damaged roof (provided the damage was done during said storm), or water damage from natural flooding. However, there are a few caveats. Damage due to your negligence is not covered, so it’s important to make repairs and use common sense. Water damage from a plumbing leak inside the RV may not be covered unless you have additional coverage. If you have taken flood damage, document everything with photos and lists. Contact your insurance provider as soon as you can possible to mitigate further damage.

Rickey McGill Insurance Agency: Serving Arlington, TX

Texas is a big state with many interesting sights for RV tourists. Before you travel throughout the Lone Star State, ensure your RV is insured so that any setback won’t ruin your trip. If you are in the Arlington, TX, area, please get in touch with Rickey McGill Insurance Agency for your recreational insurance needs. We will connect you with one of our knowledgeable, helpful, and courteous agents to help you find the policy that best suits your unique needs.

Can You Attach Add-Ons to Renters Insurance?

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Renters insurance is an excellent tool for covering medical expenses, liability, and personal property. However, it doesn’t cover everything. This is where optional renters insurance coverage comes in, filling those gaps. For a little extra, you can get an added level of protection against unforeseen damage and theft. Rickey McGill Insurance Agency in Arlington, TX offers renters insurance riders for the following situations.

Pet Damage

Pets can be rough on carpets and walls. They may scratch, bite, or have accidents. Pet insurance covers these mishaps, ensuring your pet security deposit remains untouched.

Replacement Coverage

Typically, renters insurance pays for your belongings in cash, allowing you to purchase new ones with the insurance money. However, the total cost may be more expensive than the reimbursement check. Replacement coverage replaces damaged items with new ones, saving you the hassle of hunting for replacements.

Scheduled Personal Property Endorsement

If you own expensive valuables, this rider offers protection up to a predetermined price point. An approved appraiser determines the amount.

Flood Damage

People living in flood-prone neighborhoods in Arlington need flood insurance to cover water damage to their belongings.

Water Backup

This rider focuses on plumbing issues that cause water to back up into your apartment and damage your belongings.

Identity Theft

If your personal information falls into the wrong hands, the criminal can wreak financial havoc on your life, taking several weeks to undo. Identity theft renters insurance eases this burden. It offers credit monitoring services, replaces lost or stolen documents, covers legal fees, and much more.

"Your insurance doesn’t cover it" is a sentence many homeowners dread. Optional renters insurance coverage gives you the "yes" you need to put your life back together after unexpected circumstances. We can tailor your policy to the services that matter most. For more information on renters insurance add-ons, contact Rickey McGill Insurance Agency in Arlington, TX.

How Motor Home Insurance Protects Your Personal Property

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Understanding Motorhome and Personal Property Insurance

Purchasing a motorhome requires added insurance coverage that protects your new investment. However, the policy should also provide provisional coverage for your personal property. The Rickey McGill Insurance Agency of Arlington, TX staff can provide options that safeguard your motorhome and personal property.

What Personal Property is Covered

Motorhome insurance does protect your personal property from theft, loss, and damage. Some items that are included in a standard policy are clothing, shoes, laptops, mobile phones, and appliances. However, high-end items such as jewelry or fine art should have their own insurance policy. If these personal items are under a motorhome insurance policy, you will never gain full market value.

Add Comprehensive Coverage to Your Existing Policy

Adding comprehensive coverage to your existing motorhome insurance policy will expand the protection for your personal property. This is especially helpful if damage occurs in an on-road accident. Insurance brokers call the coverage "accidental loss or damage." The terms of the policy will cover personal property damage or loss from the accident.

Also, comprehensive coverage will protect you should your personal property be stolen or lost from the motorhome. The coverage pays for all costs of repairing or replacing the stolen or lost personal items. The addition of comprehensive coverage offers no delay in the claim process, even if the local authorities recover all stolen or lost personal property items. It is a worthwhile investment for all motorhome owners.

Your mobile home hosts many of your personal property, especially if the vehicle is your temporary residence while traveling from one location to another. The staff at Rickey McGill Insurance Agency of Arlington, TX can tailor an insurance policy that meets your specific needs. Call and schedule an appointment today.

Three Things You Should Know About RV Insurance

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Are you planning to purchase a recreational vehicle in Arlington, TX? It’s crucial that you adequately protect your new investment. Given the high costs associated with these vehicles, finding the right insurance policy and understanding the nuances of its terms are vital. At Rickey McGill Insurance Agency, we can provide you with the appropriate policy to safeguard your investment.

1. Distinguishing Between Part-Time and Full-Time Living

Selecting the correct designation is where many RV owners falter. Insurance companies categorize RV owners based on their liability risk. Part-time RV users utilize their vehicles only occasionally. On the other hand, full-time RV users use their RV at least 150 days a year. Full-time users are further divided into those who maintain a physical home and those who don’t. Coverage for the latter will typically be more comprehensive. Hence, ensure you choose accurately.

2. Deciphering Actual Cash Value, Replacement Value, and Agreed Value

Understanding these terms can be challenging. If your RV is brand-new, you qualify for replacement value in the event of a total loss. You can choose between actual cash value or agreed value for those not qualifying for replacement value. Actual cash value provides a payout of your RV’s worth at the time of the loss. A third-party evaluation is necessary for the agreed value to ascertain the payout amount.

3. Importance of Personal Contents Coverage

Your RV stores a multitude of personal belongings, especially if it’s your full-time residence.Likeo home insurance, it’s beneficial to have coverage for your clothes, electronics, and other items. Specific risks, such as severe storms, can damage the interior contents even if your RV remains intact.

Your RV insurance policy can be tailored to meet your specific needs. The experienced professionals at Rickey McGill Insurance Agency, serving Arlington, TX, can explain your coverage options and design a customized policy. Contact our office today to begin the process of obtaining your quote.

Claiming for Damage from Wildlife Animals in Motorcycle Insurance

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Motorcycles are vulnerable to damage from wildlife around Arlington, TX, from a collision with a deer to scratches from smaller animals or even damage while parked outdoors. Motorcycle insurance can cover these incidents. However, comprehending how to file a claim is crucial for receiving rightful compensation.

Evaluating the Damage

Once you identify damage from wildlife on your motorcycle, the initial step involves assessing and documenting the damage. Collect evidence of the animal’s presence, such as tracks, fur, or photos of the animal itself, if possible. This documentation could help corroborate your insurance claim.

Reporting the Incident

For significant damage caused by a larger animal, like a deer, it’s critical to report the incident to law enforcement and file a police report. Reporting might not be necessary for minor cases or damage that took place while the motorcycle was parked. However, checking with your insurance provider about the necessary steps is always wise.

Submitting Your Claim

Contact your motorcycle insurance provider as soon as feasible after observing the damage. Provide them with all the gathered details. Describe the event in detail, including the time, location, and circumstances surrounding the wildlife encounter. Your assigned adjuster might conduct an on-site inspection or ask for additional information to assess your claim accurately.

Claims Disposition

Upon reviewing your claim, your insurance company will offer a settlement to cover the repair costs. If everything is in order, they will disburse the payment, allowing you to restore your motorcycle and get back on the road.

Rickey McGill Insurance Agency Is Here to Serve You

Rickey McGill Insurance Agency uses its domain knowledge to meet your insurance requirements. We serve the surrounding areas of Arlington, TX. Contact us today.

Watercraft Coverage: What Counts as a “Water Craft”

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Watercraft coverage is more encompassing than just boats and hovercrafts. It includes any vehicle designed to traverse water, such as ships, submersible vehicles, and even submarines. If you’re unsure of the type of coverage you require, the seasoned professionals at Rickey McGill Insurance Agency in Arlington, TX, are here to assist you.

What Counts as a Watercraft?

A watercraft is any vehicle capable of journeying through or on water. Non-navigable floating structures, non-powered watercraft, equipment, and waterborne structures do not count as watercraft. Put simply, anything that cannot be steered in the water does not qualify as a watercraft.

The list of watercraft includes:

  • Boats
  • Personal watercraft (jet skis, wave runners, aqua bikes, etc.)
  • Yachts
  • Canoes and Kayaks
  • Commercial watercraft (ferries, tour boats, etc.)
  • Hovercrafts
  • And more.

If you’re uncertain whether your watercraft is covered by insurance, we encourage you to contact us. Our professionals can guide you in determining the type of coverage you need and if your existing policy covers it.

We can assist in the transition should you need to change policies and help you obtain appropriate insurance for other types of properties.

Why Watercraft Coverage is Essential

Coverage for unconventional watercraft vehicles is vital because numerous incidents can occur on the water, ranging from damages to personal injuries. Ensuring you have the right coverage is crucial, or you could face large, unexpected expenses.

That’s where we step in. Our team at Rickey McGill Insurance Agency can assist with your coverage. This will ensure your next watercraft is protected and give you peace of mind while traversing the waters of Arlington, TX.

Three Things to Consider When Shopping for Umbrella Insurance

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Umbrella insurance is a type of insurance that provides extra coverage beyond the limits provided by typical insurance policies. It can provide extra coverage for events like property damage or injuries. At Rickey McGill Insurance Agency, servicing Arlington, TX, we help our clients find the best umbrella insurance policy for them. 

If you’ve never shopped for umbrella insurance before, you may have questions about what to consider when shopping for this kind of policy. We’re here to help. Below are three things to consider when shopping for umbrella insurance. 

1. Is This Enough Coverage?

It can be hard to pick the right level of coverage for your umbrella insurance policy. Knowing what your goals are can help. Your insurance agent can help you go over the policy limits to find the level of coverage that helps you meet your goals.

If you have concerns, for example, that your home insurance policy doesn’t provide enough coverage for property damage, your insurance agent will have strategies for finding the appropriate level of coverage. 

2. Is the Cost Right For My Budget?

How much can you spend on an umbrella policy? Have a number in mind when you’re shopping around. Keep in mind that premiums can change annually, so it’s important to have a semi-flexible budget for this type of expense. 

3. Am I Working With the Right Insurance Agent?

Look for an insurance agent who answers your questions and provides helpful strategies for finding the right insurance policy. At Rickey McGill Insurance Agency, servicing Arlington, TX, our customers often have questions when trying to find an insurance policy. We’re ready to answer those questions so our customers can make an informed decision. 

Want to know more about umbrella insurance? Call today.