There are a few different condo insurance policies in Arlington, TX that you can choose from. Each type has its own benefits and drawbacks, so choosing the right one for your needs is essential. Here’s a look at the different types of condo insurance:

Single-Unit Policies

These policies only cover one unit in a condominium complex. If you live in a single-unit condo, you’ll need this policy. Single-unit policies typically have lower premiums than other types of condo insurance.

Multi-Unit Policies

Multi-unit policies may have higher premiums than single-unit policies. These policies cover more than one unit in a condominium complex. If you live in a multi-unit condo, you’ll need this type of policy. Your Rickey McGill Insurance Agency representative can help you determine the right policy for your needs.

Master Policies

A master policy is insurance that covers the entire condominium complex. Master policies typically have higher premiums than other types of condo insurance. If you live in a condo with a master policy, you may not need to purchase an individual policy.

Which Policy is Right for You?

As a single-unit owner, you’ll typically pay your dues to the condo association and have them purchase a master policy. But, you’ll still need to get your single-unit policy to cover your personal belongings and liability.

Multi-unit owners will also pay dues to their condo association, but they’ll need a multi-unit policy and the master policy. This type of policy covers your personal belongings and liability.

No matter which type of policy you choose, make sure you work with a reputable insurance agency, like Rickey McGill Insurance Agency, to get the coverage you need.

You can count on the Rickey McGill Insurance Agency team when it comes to life insurance. We serve the insurance needs of the greater Arlington, TX area and would welcome the opportunity to work with you too! Give us a call today to discuss your life insurance options. 

Life insurance for all life stages

As you progress through different life stages, your insurance needs can change. When you have a young family and are just starting your career, your needs will differ from when you are preparing for retirement.

If you are in retirement, you may only need coverage for burial expenses. In that case, a term policy might be sufficient. If you are relatively young and are building your financial foundation, a variable policy may fit the bill.

Life insurance can provide the protection you need throughout your entire life if you choose a policy that will adapt to your needs. Universal policies are often a good choice for people who have started building their financial foundation in the middle of their careers.

Knowing where you are, your current needs, and your future needs can help a local agent help you with your decision. Having reviewed all policy options in a more targeted manner can make the process much less daunting. 

Whatever type of policy you decide on, be sure that you get the protection you need!

Let us help you find the life policy that meets your needs!

Rickey McGill Insurance Agency understands that insurance needs can change. If you are a resident in the greater Arlington, TX area, we are here to assist with all of your insurance needs. Give us a call or stop by today.

Although cyber liability insurance is not required for small businesses, it does offer additional peace of mind. It protects you from the exorbitant costs tied to a cyberattack or incident that impacts your customers, employees, or business. 

With data breaches and cyberattacks on the rise, it is not a matter of if but when your small business is targeted. While breaches to major and publicly traded companies always make the noise, small businesses represent a lucrative attack vector for cybercriminals because these companies often lack robust cybersecurity policies and defenses. If your company is responsible for or stores sensitive information such as HR records, credit card data, social security numbers, or bank account information, you need a cyber liability insurance policy. Cyber insurance policies can help pay for the costs associated with:

• Regulatory fines
• Lawsuits from impacted customers
• Mandatory notification of affected parties
• Forensic investigation and mitigation of security flaws
• Credit monitoring services for impacted customers
• Loss of business stemming from negative PR

There are two main types of cyber liability insurance – first-party coverage and third-party coverage. First-party coverage helps pay for expenses when your systems or networks are attacked, while third-party coverage offers financial protection when a client sues your business for failing to prevent a breach at their place of work. 

At Rickey McGill Insurance Agency in Arlington, TX, we know that you’ve poured your blood, sweat, tears, and money into building your business. Consequently, we’re invested in making sure that you don’t suffer a debilitating incident that could leave your business struggling to survive. To that end, we’ll work tirelessly to customize a commercial insurance policy that meets all your needs. Give us a call today to learn more. 

Are you a recreational vehicle enthusiast? The team at Rickey McGill Insurance Agency can help you find the right insurance policy to cover your ATV. We serve all of the insurance needs of the greater Arlington, TX community, and would welcome the opportunity to work with you too!

Why you may need recreational vehicle insurance 

Many off-road vehicle enthusiasts think that they do not need insurance for their vehicles because they only ride them on private property. While there is some basis to this idea, it doesn’t tell the whole story. If you are riding on your land and have an accident, there are several policy types that can help cover medical expenses for yourself or a passenger, or damage to the vehicle, if the mishap is considered a covered event.

Incidents that occur on private property can still cause financial loss to you as the owner of the recreational vehicle. Additionally, in the event of vandalism or theft, certain policies can provide protection from losses. These are just a few reasons why it makes sense to look into an insurance policy for your recreational vehicle. There is no reason why you shouldn’t protect this type of vehicle the same way you protect your car or truck. Talk to your local agent today and find out more.

Let us help you with your recreational vehicle insurance today!

Arlington, TX area residents can rely on Rickey McGill Insurance Agency for any help they may need with insurance. Our team is here to assist you in deciding which policy and coverage level are right for your needs. Call or stop by today!

Rickey McGill Insurance Agency wants to be the insurance partner for the greater Arlington, TX area. We understand that today’s world can be pretty hectic, and obtaining a renter’s insurance policy is something that can often fall through the cracks. Yes, this is understandable, but we do like to encourage all of our clients to take the time necessary to obtain the insurance that will protect them.

Why renter’s insurance is a great idea

When you live in a rented unit, the insurance requirements fall to you, the tenant. While your landlord will have a policy that protects the building itself, and any common area, their policy will not provide coverage for your unit or personal belongings.

In the event of a covered event, you will be able to file a claim that is separate from any damage that the structure or the common areas may have. Because of this, you can tailor your renter’s policy to meet your own unique personal needs. There are a number of factors to consider, such as deductible amount, premium payment, and level of coverage that your local agent can help you with. Determining the right type of policy and the proper coverage level will help you find the policy that is appropriate for your needs. 

Is it time to choose your renter’s insurance policy? We can help!

If you need a renter’s policy, the team at  Rickey McGill Insurance Agency is here to help! Our team is focused on serving the insurance needs of the Arlington, TX community, and we would love to help you too. Give us a call to set up an appointment, or stop by our office today.

If you love to travel around Texas in your motor home, you are not alone. Many people enjoy traveling around the state, but they need to do so with the right motor home insurance. Insurance protects everybody on the road, and having the right coverage is crucial.

Rickey McGill Insurance Agency serves the Arlington, TX area and understands the impact of good insurance. If you plan to travel this year, here’s what you need to know about motor home insurance requirements in Texas.

Texas Requires Liability Insurance

In order to drive your motor home and have it registered in Texas, you must carry liability insurance. It needs a policy separate from your auto insurance policy if you can drive it on its own (and it is not towed by another vehicle).

Liability coverage is a guarantee that you will be able to cover some of the expenses incurred if you cause an accident. When you have a large vehicle like a motor home, you are smart to carry liability insurance.

Lenders May Have More Requirements

If you are still paying for the loan on your motor home, you may be required to carry additional insurance. This may include collision coverage, which covers the motor home if it is damaged in an accident, and comprehensive coverage, which covers your motor home if it is damaged in an incident unrelated to a collision.

Get Motor Home Insurance Today

Motor home insurance is required in Texas, and it is important that your policy meets your needs. If you aren’t sure exactly what your needs are, contact Rickey McGill Insurance Agency to make sure your policy meets the requirements for Arlington, TX.

If you own and operate an RV in Texas, having quality RV insurance on board while you travel will give you the necessary legal protection and peace of mind. The type and amo7nt of RV insurance you will want to consider depends on your RV itself. RVs come in different types and sizes that change the class of insurance you need. The classes of RVs are:

Rickey McGill Insurance Agency of Arlington, TX will work with you to determine if you need liability, collision, or comprehensive coverage, as well as additional policies to cover equipment and accessories, emergency expenses, towing, and full-time coverage. There are a range of RV insurance options to choose from based on what you are looking for and our friendly agents are here to help.

Getting the Right Amount of Coverage

To determine if you are getting the right amount of insurance coverage, consider the type of RV, age, amount of protection you want, and mandatory amounts required to operate legally on roadways. There are different styles and classes of RVs that include:

• Class A – Large RVs like bus style or motor coaches up to 75 ft long are included in this class.
• Class B – Camper vans and small converted vehicles fall under this class of RV.
• Class C – Fifth-wheel and vans with cab over designs are part of the Class C RVs.

Affordable RV Insurance in Texas

Give us a call, or use our online contact form to get in touch with us at Rickey McGill Insurance Agency of Arlington, TX to discuss your RV insurance options. Our team works with the best companies to find affordable, quality policies for your insurance needs.

There are many great places to ride in and around Arlington, TX. Rickey McGill Insurance Agency wants to make sure that you are riding safely and in line with the law. Please refer to our handy guide below for more information on Texas motorcycle laws.

Licenses

A license to operate a motorcycle is required by law. The Texas Department of Public Safety will grant a license to motorcyclists that satisfy all the requirements for a regular driver’s license and complete a motorcycle safety course approved by the state. 

Helmet Law

All motorcycle drivers and their passengers must wear a helmet if they’re under the age of 21. Those over this age must wear a helmet unless they have  health insurance that covers motorcycle injury or have completed a motorcycle training course. However, it is still prudent to wear one to avoid head trauma in an accident.

Passenger Law

Passengers may only ride on motorcycles with designated fixed seats, footrests, and hand holds. They must be over the age of 5. All motorcycle passengers are subject to the same helmet laws as drivers. 

Traffic Laws

In addition to following normal traffic laws, there are a few that are specific to motorcyclists. Motorcyclists are not allowed to engage in lane splitting, which is the act of riding between lanes to pass traffic. It is also illegal to engage in lane sharing. Lane sharing is the act of riding side by side with another motorcycle in a single road lane.

Insurance Laws

Motorcycles are subject to the same insurance requirements as cars. Texas law mandates drivers have minimum liability coverage of $30,000 for each injured person, $60,000 per accident, and $25,000 for property damage. 

Rickey McGill Insurance Agency, now serving Arlington, TX, can help meet your insurance needs. Contact us today to get yourself on the road quickly.