When you are a business owner in the Arlington, TX area, there are a lot of very important decisions that need to be made on a daily basis. One important decision that you will have to make will come when you choose a new insurance policy for your company. One form of insurance that you will need to get is general liability insurance. There are several benefits that will come when you get a general liability insurance policy.

Liability Protection

The main advantage of having general liability protection is it will give you protection against liability risk. Any business owner is going to take on some level of liability risk on a daily basis. If you are found to be at fault and have to pay damages for an accident, the impact could be devastating. If you have a general liability insurance policy, you will have protection against this risk.

Requirement Compliance

Another reason to get general liability coverage is that it will help you to stay in compliance with various requirements. Most companies are going to have a variety of interested parties that will want you to have this coverage. This can include your lenders, landlords, and investors. If you do not have this coverage, you could be in default with a variety of different agreements.

Ultimately, any business in the Arlington, TX area would benefit from having general liability coverage. If you are searching for this protection, you should call Strack Insurance Services to discuss your needs. The team at Strack Insurance Services will be able to fully assess your business and company risks. Based on this assessment, the team will be able to determine how much coverage you need to properly protect your organization from liability risk. 

If you rent an apartment or house in Arlington, TX, you need rental insurance to protect the property. Renters insurance is essential because it helps pay for repairs and the replacement of some of your belongings, such as furniture, clothes, and other items. Here are the facts you need to know about rental insurance coverage options for Arlington, TX residents.

Rental Insurance Coverage Options

There are three insurance coverage options, including:

• Personal property
• Loss of use
• Personal liability

Personal Property Coverage

Personal property coverage helps with the finances you need to repair or replace your belongings. When you travel, personal property coverage insures your luggage and similar items.

Loss of Use Coverage

If the house or apartment you’re renting needs repairs and you have to temporarily move out, loss of use coverage helps with the additional living expenses, including food, rent, and other expenses you have that you would not have if you were still able to live in your home.

Personal Liability Coverage

If someone is hurt in your home, personal liability coverage helps with legal fees if you are sued.

Rental Insurance and the Risks it Covers

We at Strack Insurance Services recommend having a renter’s insurance policy to help protect you against different risks. These risks include:

• Theft
• Fire
• Storm damage

There are other instances rental insurance covers and your exact coverage options vary by policy, so contact us to discuss specific rental insurance risk coverages.

Rental Insurance Claims

If you need to file an insurance claim, follow these three steps to help ensure the claims process goes as smoothly as possible.

1. Tell us as soon as possible

2. Send us any information we require as soon as possible

3. Keep your receipts

Here at Strack Insurance Services, we provide Arlington residents with a variety of insurance options, including renters, home, auto insurance, and other insurance solutions. Contact us today to discuss our insurance options. We look forward to working with you.