Workers compensation insurance is not required by Texas state law, but it is a coverage that many employers opt to purchase to help protect their businesses when unforeseen accidents occur. 

What Does Workers Compensation Insurance Cover?

Employers are required to pay for their employees’ medical care when it is needed to treat workplace injuries. For many staffers, it will also be necessary for them to receive monetary compensation while they are recuperating and are unable to work. This can no doubt prove to be expensive, and workers compensation insurance can help pay for these bills. 

Although employers do their best to ensure that no one is hurt at their place of business, falls and other mishaps can still happen. When this is the case, both parties will often find themselves appearing in a court of law to settle financial disputes. Fortunately, this is another area where workers compensation insurance is beneficial, as it can provide indemnification against liability expenses related to legal issues. 

Workers compensation insurance also kicks in when a laborer dies through work-related activities, and this can help pay for funeral costs and payments that help support your employee’s beneficiaries. Workers compensation benefits may extend to people who perform services for you on a freelance basis, contractors, general employees, and even to yourself. Your agent can help answer questions regarding what is specifically covered, as it will vary, depending on the type of business that you are running. 

Contact Strack Insurance Services in Arlington, TX

At Strack insurance Services in Arlington, TX, we strive to always provide superior service to our clientele. We offer various insurance products, including homeowners, automobile, and commercial insurance, and we look forward to finding the appropriate insurance package that’s right for you. Reach out to us today for more information!

If you operate a business from your home or have employees that work at customer homes or businesses, you need general liability insurance to protect your assets in Arlington, TX. When lawsuits or insurance claims arise as the result of business-related activity, it’s a good idea to make sure your insurance has you covered. An agent at Strack Insurance Services can answer your questions on general liability and other insurance. In the meantime, here’s some information to get you started.

Commercial Liability Insurance

Liability insurance protects your business assets and pays for costs that arise if someone gets hurt at your business. It also covers personal injury or damages caused by an employee’s negligence on the job. When you buy liability insurance it covers outstanding loans or mortgages on the business. There are many reasons to buy general liability insurance.

What Does it Cover?

Commercial liability insurance pays for your legal costs, such as a defense attorney, as well as any judgment or settlement against you. Protect your business and other assets today with the appropriate liability coverage, which pays for punitive and compensatory damages, and other costs.  If you own a construction, retail or transportation business, commercial liability protects you against unexpected losses as written in your policy. If you work in real estate, medicine or other high-profile industries, consider including libel protection in your policy as well as misleading advertising and copyright infringement.  

Contact Us

Call Strack Insurance Services to learn more about how commercial liability insurance can cover your business assets. Feel free to make an appointment at our Arlington, TX office for a quote on all your insurance needs.

When it comes to renting a property it is of critical importance to invest into renter’s insurance. You never know what may or may not happen while living in the home or apartment. While the property itself is protected by the owner’s property insurance, this does not cover your own belongings. With your valuables at greater risk of theft, fire damage and flooding due to a greater number of individuals living in a smaller area, you owe it to yourself to take out renter’s insurance. Whether living in or around Arlington, TX the team at Strack Insurance Services can assist you with your renter’s insurance needs. 

Electronics

There’s a good chance the most valuable items you own in your home are electronics. From computers to a home entertainment system, renter’s insurance protects it all. All you need to do is tell your renter’s insurance provider what you own and the value. 

Jewelry and Clothing

Do you own valuable jewelry? From wedding rings to necklaces and diamond earrings, all of these items are protected under renter’s insurance. You can even protect your wardrobe. So if you have valuable clothing, you can go the extra mile and protect it by taking out renter’s insurance. 

Other Valuables

From artwork you have collected over the years to furniture you’ve invested in, in the event of damage or fire to the rental it is important for you to take out renter’s insurance. It ensures you peace of mind. 

At Strack Insurance Services it doesn’t matter if you are renting out a large property or a studio apartment, renter’s insurance is of critical importance and protects you from the loss or damage of valuables. So, when living in or around the Arlington, TX area, it is important to contact a knowledgeable insurance provider. 

By investing in life insurance, young couples can start building a financial base for their future. Life insurance can offer you and your spouse financial security in the event either one of you should suddenly pass on. Here are some of the most important reasons to consider a life insurance policy from Strack Insurance Services in Arlington, TX while you’re young.  

Loss of Income

Life insurance benefits can replace primary income if the breadwinner of your family were to suddenly pass on. If you count on your spouse’s income to pay rent or mortgage, utilities, food, car payments, etc., you’ll appreciate having life benefits to replace this income upon your spouse’s unexpected demise.

As a young couple, you may not have children now, but that could change in the future. By investing in life insurance early on in your marriage, you can take advantage of lower premiums. As you grow older, the cost of life insurance will be much higher.   

Debts

Like most young couples, you or your spouse may have outstanding debts such as private student loans that you plan to pay off over time. If these loans were co-signed by your parents, they could be held liable for these debts if you were to suddenly pass on. Benefits from your life insurance policy can help pay off these loans so your loved ones aren’t saddled with this financial burden.

Funeral Costs

Few people think about funeral arrangements or costs when they are young. In the event of an unforeseen accident, however, your spouse could face the financial burden of paying for your funeral costs. Proceeds from your life insurance policy could help cover funeral expenses, taking the pressure off your spouse.

For information on life insurance policies and costs, contact Strack Insurance Services, Arlington, TX.

Running a successful business isn’t an easy task. Every business owner in Arlington, TX understands the fact that every venture faces myriad challenges and the worst can happens when a disaster strikes. This is the primary reason why you need a commercial insurance policy from Strack Insurance Services to protect your company from the unforeseen risks.

However, only a small number percentage of small business owners file commercial insurance claims every year. One of the top reasons as to why insurance companies tend to receive fewer claims is that some people don’t know when to claim their commercial insurance. So, when should you claim your commercial insurance?

Whenever There Is Business property Damage

When a disaster such as a storm or fire strikes and damages your expensive equipment, then you should file a commercial insurance claim for compensation. The business property coverage offers comprehensive protection to your business building and everything that is inside it.

After all, isn’t that the primary reason why you are paying your insurance premiums? A disaster can strike any time, and all that you have to do is to document evidence of what has been damaged in the incident and forward the information plus all the proof to your insurance service provider.

When Your Business Is Sued

The law requires every business in Arlington, TX to carry basic liability coverage, and that is what you will need when your business is sued. You need to remember the fact that an accident can occur at your business premises and you will be required to settle the hospital bill of the person involved in the accident.

The victim may also choose to file a lawsuit against your business compelling it to pay for the injuries sustained and the emotional pain and suffering. Be sure to file a claim when you find yourself in such a situation since your liability coverage is meant to protect you from expensive lawsuits.

Are you a business owner in Texas and the surrounding areas? Contact Strack Insurance Services today for your commercial insurance policy.

ATVs can be a lot of fun, but the owner needs to be protected while operating it just like they are when they operate a motor vehicle. These policies are designed to protect the owner from collision, liability, and theft.  Sometimes, ATV insurance policies are classified in a group called ‘toy insurance’. There are several types of policies that are available. For instance, uninsured motorist policies protect the ATV should there be an accident with an uninsured or underinsured driver. The policy will also cover medical expenses if the ATV owner is deemed to be at fault in an accident.  In an accident that results in bodily injury or property damage, the policy will cover the owner if they are deemed to be at fault for the accident. A collision policy will provide for the repair or replacement of the ATV in an accident resulting in damages.  For additional coverage, you may consider a comprehensive policy. This provides coverage that is similar to the collision but allows for additional protection in the event of events such as vandalism or fire. ATV insurance is similar to auto insurance but has specialized features. The agents at Strack Insurance Services understand the needs of ATV owners in the Arlington, TX area.  

When considering the specialized coverage of ATV insurance, you may have questions regarding the types of policies and the amount of coverage that you need.  The agents at Strack Insurance Services help ATV owners in the Arlington, TX area get the right coverage for how they use their vehicle. They will answer any questions you have and work to keep your premiums low.  Every day they seek quality coverage for their clients. Call them today and get the protection you need on and off the road!

What comes to your mind when you hear the word “wedding ceremony”? Most people will only think of a special occasion that honors a two lovely who are coming together on this special day to exchange vows. However, there is much more to it than just spending and celebrating the milestone in your life. Is your wedding day protected?

Keep in mind that you with your partner have invested so much money into your wedding and you don’t want something to mess it up. However, the truth is that disasters can strike any time including on your wedding day. That is why Strack Insurance Services brings you a wedding insurance policy in Arlington, TX to help you protect your big day. Here are three reasons why wedding insurance is essential.

It Covers Cancellation and Rearrangement

This is perhaps the biggest reason why you should purchase a wedding insurance policy. If something comes up which may force you to cancel your ceremony, then you can claim back the irrecoverable money that you had paid to the different wedding service suppliers in Arlington, TX or elsewhere. Conditions such as illness of the bride or the groom can lead to cancellation of the wedding. You will also be reimbursed if you are forced to rearrange your wedding on short notice.

Bankruptcy or Vendor Failure

Vendor failure can happen at any time – whether your wedding is one day or one year away. Imagine the reception venue that you had booked goes bankrupt and out of business leaving you without a reception venue on your big day! The wedding insurance policy will cover some of the expenses if your wedding day service providers leave you stranded on your wedding day.

Adverse Weather

Just like vendor failure, adverse weather conditions such as hurricanes, tropical storms, and tornados can wreak havoc on your wedding day and cause you to delay or postpone your wedding. In some areas, the severe weather conditions can be avoided hence the need for a wedding insurance policy that will protect you in case your wedding is interrupted by adverse weather conditions.

Are you looking forward to your big day? Contact Strack Insurance Services today for a wedding insurance policy and protect your special day.

2018 ushered in some of the biggest tax law changes in decades, and among those rewrites of federal law, the healthcare requirements on individuals, better known as Obamacare, were rewritten as well. Originally, once the laws were in place, the individual had to either have healthcare coverage through an employer or secure it personally through a state-run healthcare plan. Those who did not do so would realize a penalty on their income taxes at the end of the calendar year when it came time to file.

With the new changes now in place, some in Arlington, TX and elsewhere have immediately rushed to cancel their coverage to avoid the cost. That may have been premature. While President Trump did sign the new tax law act in December 2017, the provisions affecting healthcare coverage mandate don’t take effect right away. In fact, the IRS is in full swing to enforce the mandate on tax filings through the tax year 2018. That means those who are not covered through employment or cannot show partial coverage in 2018 per the allowed exemptions will be hit with the mandate penalty on their next tax filing April 2019 or thereabouts. The confusion is definitely going to surprise many how just read in the news about the mandate change and don’t read the details of exactly when it occurs, as already seen by the call the staff at Strack Insurance Services have been getting.

Strack Insurance Services can help. If you have questions about where you are with your current coverage in Arlington, TX, you made the mistake of canceling prematurely, or you just want to know more about how the new rules work, give them a call today. The worst thing you can do is try to guess in the dark in 2018 and be hit with a penalty due to a bad decision.