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How Umbrella Insurance Protects Against Lawsuits That Could Threaten Your Assets

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No one expects to face a lawsuit, but the reality is that they can happen to anyone. Whether it’s a car accident where you’re found at fault or an incident on your property that leads to injury, legal claims can quickly exceed the limits of your standard insurance policies. That’s where umbrella insurance comes in. At Hermes Insurance Solutions in Sanger, TX, we help individuals and families protect what they’ve worked so hard to build.

When Basic Coverage Isn’t Enough

Many people assume their auto or homeowners insurance will cover them in the event of a lawsuit, and it does, up to a certain point. However, if the damages awarded in a lawsuit exceed your policy limits, the remaining costs could come out of your own pocket. This could mean dipping into savings, selling assets, or even risking your future income.

Umbrella insurance steps in when your primary coverage reaches its maximum. It provides an additional layer of liability protection, often in increments of $1 million or more. This extra coverage offers peace of mind, no matter what life throws your way.

Who Should Consider Umbrella Coverage?

You don’t have to be wealthy to benefit from umbrella insurance. If you own a home, have a teenage driver, frequently host guests, or want to safeguard your financial future, umbrella coverage is worth considering. It’s surprisingly affordable and covers not only legal fees and settlements but also issues like libel, slander, and false arrest—situations most people never expect to encounter.

Your assets deserve protection that goes above and beyond. To learn more about how umbrella insurance can shield you from unexpected legal threats, contact Hermes Insurance Solutions in Sanger, TX. We’re here to help you stay secure, no matter what comes your way.

Auto Theft Prevention Tips

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Driving a car in Texas legally requires auto insurance. Some Texas drivers need help selecting the right auto insurance policy. If you reside in or near Sanger, TX, our team at Hermes Insurance Solutions has the experience you need to help you find the right policy. We’ve been serving drivers like you since 1989.

Auto Theft Prevention Tips

Did you know there are ways to minimize your risk of car theft? The North Texas Auto Theft Task Force, a group of seasoned detectives, is dedicated to reducing auto thefts. According to the Task Force, you should ensure that any valuables in your car are hidden. They also caution drivers never to store a spare set of keys inside their car.

You can further reduce your risk by parking your car in a well-lit area and always locking your car. Don’t leave your car running in a public place, even for a quick run into a store or gas station. If you park your car in a valet lot, only give the attendant your ignition key. Interestingly, installing an anti-theft device in your car can not only help prevent theft but may also reduce your auto insurance premium.

Contact Us Today for Your Appointment

We want you to drive safely, and maintaining your auto insurance is a crucial part of road safety. Drivers in Sanger, TX, have learned they can rely on our team at Hermes Insurance Solutions to help them select the right insurance policy. We take pride in being an independent agent, providing you with access to multiple insurance carriers. Contact us to schedule an appointment today, and we’ll discuss your insurance options.

How Commercial Insurance Differs for Home-Based vs. Brick-and-Mortar Businesses

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Running your own business is an exciting journey, but ensuring it’s adequately protected is just as important as making sales or building a brand. At Hermes Insurance Solutions in Sanger, TX, we frequently receive questions about how commercial insurance needs can vary depending on the location of your business. Whether you operate from a cozy home office or a downtown storefront, the right coverage makes all the difference.

Home-Based Doesn’t Mean Risk-Free

Just because you’re working from home doesn’t mean your homeowner’s policy will cover your business activities. In fact, it likely won’t. If you store inventory, see clients, or use specialized equipment, a commercial policy is essential. Home-based businesses often need coverage for business property, liability, and even cyber protection if you’re handling sensitive data online. It’s easy to assume that being at home means fewer risks, but in many cases, the risks are simply different.

Brick-and-Mortar Comes with Different Needs

If you’re running a physical storefront or office, your insurance needs become more complex. You’ll need protection for your building, signage, inventory, and maybe even employees. Liability coverage is especially important if customers or clients are coming through your doors. A single slip-and-fall incident could lead to a costly claim, so having the right policy in place is crucial.

One Size Doesn’t Fit All

Commercial insurance should be tailored to your business’s specific setup and operations. Whether you’re shipping products from your kitchen table or welcoming customers into a retail space, your coverage should reflect the day-to-day risks you face.

If you’re unsure whether your current policy fits your business setup, contact Hermes Insurance Solutions, which proudly provides commercial insurance to business owners in Sanger, TX. We’ll help you build a custom plan that fits your business, wherever it’s based.

Can You Be Sued If a Delivery Driver Slips on Your Property?

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With the rise of online shopping and food delivery services, it’s not uncommon to have drivers frequently coming to your front door. But what happens if a delivery driver slips and falls on your property? Could you be held responsible? At Hermes Insurance Solutions in Sanger, TX, we often hear this question from homeowners concerned about liability. The answer depends on the circumstances, but in many cases, you could be sued if negligence is involved.

Understanding Your Liability as a Homeowner

As a homeowner, you have a legal duty to maintain a reasonably safe environment for visitors, including delivery drivers. This means keeping walkways clear, repairing hazards, and ensuring proper lighting. If a driver slips on an icy sidewalk, trips over an uneven pathway, or falls due to cluttered steps, they might have grounds to file a claim against you.

When Might You Be Liable?

Liability often depends on whether you were aware of a hazard and failed to address it in a reasonable amount of time. For example, if it recently snowed and you neglected to clear your walkway, or if a broken step had been an issue for months, you could be held responsible for any injuries. On the other hand, if the driver was acting carelessly or the hazard was unforeseeable, you may not be liable.

How Home Insurance Can Assist

A standard homeowners insurance policy typically includes liability coverage, which can help cover legal fees and medical expenses if someone is injured on your property. If you’re unsure about your coverage, Hermes Insurance Solutions in Sanger, TX, can help you review your policy and ensure you’re protected. Contact us today to learn more about safeguarding your home.

Does Classic Car Insurance Have Vehicle Storage Requirements?

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Most classic car insurance policies have requirements for your car’s storage conditions. Even if there are no storage requirements, your classic car insurance premiums will consider how the vehicle is stored, since cars stored in climate-controlled and secure facilities face fewer opportunities for damage than those left outside. If you live in or near Sanger, TX, and have questions about classic car insurance, contact the Hermes Insurance Solutions team for assistance.

Classic Car Insurance and Storage Requirements

Your car’s storage conditions should reflect its value, though some insurers will not offer classic car policies for cars not stored in covered, secured facilities. Of course, indoor storage conditions vary widely, including the average garage, separate outbuildings, or 24/7 monitored facility targeted at premium classic cars. Other insurance companies will insure vehicles stored in driveways or other open locations, even though cars stored outside are subject to higher levels of vandalism and animal or other damage.

Insurers also consider your geographical location when determining storage requirements and premiums. Locations subject to salty air or winter conditions have more stringent storage requirements than less challenging areas. Your location’s climate, crime rates, and other factors may affect your rates regardless of where you store your car.

As mentioned, the general rule is to match the storage conditions with your car’s value. High-end cars need premium storage conditions. However, if you cannot store your classic car in a protected environment, your agent will try to find a policy that matches your situation.

Classic Car Insurance with Hermes Insurance Solutions

The Hermes Insurance Solutions team will help you obtain classic car insurance that meets your requirements. If you live in the Sanger, TX, area, call (940) 458-4664 today or stop at the office to schedule an appointment.

First Time Renters Guide to Insurance

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Renting your home can be a great solution to many housing complexities. Renters don’t need to worry about things like maintenance or property taxes. However, first-time renters should consider investing in renters’ insurance. At Hermes Insurance Solutions, serving Sanger, TX, and the surrounding areas, we want to help first-time renters make intelligent insurance choices. Here’s what you need to know about insurance. 

Do Renters Need Insurance?

Absolutely. Although you don’t own the property you’re living in, you do own your possessions. If a natural disaster, fire, or burglary takes place and your items are lost or stolen, the expense of replacing those items will come out of your pocket. This could create a financial hardship if you suddenly face this unexpected expense. Renters insurance will protect these expenses by helping you pay for the lost items.

How Much Coverage Is Needed?

Renters insurance differs from homeowners insurance in that the amount will be set based on the value of your possessions. The best way to determine how much coverage you’d need is to sit down with an insurance rep and discuss your particular needs. The amount of coverage will vary from person to person since the value of possessions will vary.

Is Renters Insurance Required By Law?

No, this type of coverage isn’t required by law. However, investing in renters insurance is still a very good idea to protect yourself from sudden expenses. It’s a good investment in your future financial security.

If you’re interested in learning more about renters insurance or any of our other insurance products, don’t hesitate to contact us at Hermes Insurance Solutions. We serve Sanger, TX, and the surrounding areas. Stay strong, Sanger!

Motorhome Coverage for The Frequent Traveler

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If you frequently use your motorhome while traveling, you may need to update your insurance coverage.  Our team can inform you about the protection you may be interested in.

Motor Components

Your recreational vehicle’s motor consists of many components that could be expensive to repair. If you cover the motor with insurance, you won’t be responsible for paying for the repair costs. The coverage will pay for replacement materials for as long as your insurance policy is active.

Electronics

Electronic materials are required for the motorhome’s lights, battery cables, heater, and air conditioning system. Your existing insurance coverage can cover the electronics.

If one of the electronic components malfunctions while you are actively traveling, the electronic coverage you have acquired will handle the replacement cost of the damaged materials.

Electronic coverage can also protect against theft and vandalism. If you tend to park your motorhome in busy campgrounds while traveling, you may benefit from purchasing theft and vandalism coverage.

Structural Materials

Your motorhome insurance policy can include coverage for the structural materials that the motorhome is made of. This type of coverage will pay for the repair and replacement of essential materials.

Liability Protection

Liability protection coverage will pay for medical costs associated with an injury and damage to another person’s property.

Contact Hermes Insurance Solutions

Contact one of our Hermes Insurance Solutions agents today. An agent who serves Sanger, TX, will describe insurance products that protect your recreational vehicle while traveling.

Do You Need RV Insurance If You Never Drive Your RV?

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Whether you drive your RV or have it camped out in your yard as a home away from home for staycations, our team at Hermes Insurance Solutions in Sanger, TX, can help you protect your RV from liability and more. If you never take your RV for a spin, you might wonder if you need insurance. As you’ll find out below, whether or not you drive your RV doesn’t always have a huge bearing on the importance of getting an insurance policy for the vehicle.

Do You Need RV Insurance If You Don’t Drive Your RV?

Although many people use their RV to make road trips or camping trips, some don’t intend to drive their RV. Since an RV could be a nice starter home for your young adult child or it could serve as an office, there are plenty of reasons why it may never leave your driveway or garage. Even if you don’t drive it, you should still protect your RV in case it gets stolen or damaged through a qualifying event.

An RV that stays in your yard, driveway, or garage is still at risk of many of the things that RVs on the road experience. From theft to damage to liability, there are situations in which it’s better to have this kind of insurance and never file a claim instead of waiting until they happen to get insurance. Most insurance policies don’t provide retroactive coverage, so you shouldn’t rely on the best-case scenario to keep your vehicle safe.

Call our office today for more information on how our RV insurance policies can help you protect your RV at Hermes Insurance Solutions in Sanger, TX!

Which Vessels Need Boat Registration on Texas Waterways?

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If you love riding on the water and decide to buy a boat, you may wonder if your vessel requires a boat registration. At Hermes Insurance Services, we know that Sanger, TX, residents enjoy escaping the city’s heat by taking their boat out on one of our nearby waterways. You’ll need to get a boat registration for the required vessels to protect your boat. Hermes Insurance Solutions will have the necessary answers if you live in the Sanger area and have questions about boat insurance.

Which Vessels Don’t Need Boat Registration? 

In Texas, non-motorized canoes, kayaks, punts, or rowboats are not required to be registered. Rubber rafts and vessels under 14 feet long when poled, paddled, or wind-blown also don’t need to be registered. Military vessels, such as Coast Guard commercial vessels, are used in coastal shipping or vessels over 115 feet long. Owners of these vessels also don’t need a boat registration.

What About Out-of-State Vessels?

If you have an out-of-state boat and want to operate it in Texas, you may not need to register it in Texas. The state law currently allows you to manage a boat in Texas when it is registered in another state. Under these circumstances, you have up to 90 days to use any vessel in Texas waterways without obtaining a Texas boat registration.

Who Should You Call for Boat Insurance Questions?

Boat owners living in the Sanger, TX, area who have any questions about boat registration or boat insurance can contact Hermes Insurance Solutions. We’ve been serving the insurance needs of our area since 1989. The Texas Parks and Wildlife Department enforces laws about boats and their registration for the safety of everyone who uses our waterways. 

High-Liability Businesses That Need Umbrella Protection

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Our team at Hermes Insurance Solutions provides Sanger, TX residents with a variety of insurance policies. For example, we can help high-liability businesses find umbrella insurance that makes sense for their needs. If you’re not sure if your firm qualifies, check out the list below.

High-Liability Businesses That Need Umbrella Protection

Investment Firms 

When you’re working with someone’s money, it’s important to have an umbrella policy to keep you safe. For example, what happens if you invest unwisely or the market collapses? Someone is likely to sue you and potentially safely, so make sure that you have an umbrella policy to avoid danger.

Travel Companies 

Are you a firm that books travel destinations for people and handles all the planning for them? Get an umbrella policy as soon as possible. This protection will help you when catastrophes strike, such as health issues, lost luggage, or even assault and battery crimes against your clients.

Childcare Facilities 

Do you run a daycare or other type of childcare business? You’ll need an umbrella policy to keep yourself safe from various potential dangers. For example, if these little ones get hurt during your care, expect a very angry parent to come at you with a very costly lawsuit.

Healthcare Providers

This statement probably seems obvious to most people, but healthcare companies need umbrella insurance. After all, you’re potentially literally playing with someone’s life. There are fewer businesses with a higher risk level, so keep yourself safe with a great umbrella policy.

Get Help From Us

No matter what your needs are, our crew at Hermes Insurance Solutions is here for you. We have many years of experience and feel comfortable working with many policy types. Contact us at Sanger, TX to learn more about your options, and we’ll do what we can to help you out here.

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