What is covered with motorcycle insurance in Texas?

Owning a motorcycle in the Arlington, TX area can be an excellent option for anyone that is looking for a fun and efficient mode of transportation. While there are plenty of benefits that come with owning a motorcycle, there are responsibilities as well. One responsibility that you need to take seriously is your need to get insurance for the bike, which can include many different forms of coverage. 

Liability Insurance

One important component of a motorcycle insurance policy in this area of Texas is liability insurance. Those that operate a motorcycle are always at risk of causing an accident. If you are deemed liable for damages, you will have to pay for these expenses out of pocket. However, if you have a motorcycle insurance policy, you are going to have the coverage you need to cover these costs. Due to the importance of this coverage, it is also a requirement for people to have when they use a public road.

Protects Motorcycle

You will also want to get a motorcycle insurance policy because it will protect your asset and investment. When you get a motorcycle, you will want to make sure that your asset is covered. If you get a full motorcycle insurance policy that has collision and comprehensive coverage, it can help to ensure you are reimbursed for a variety of situations that could cause a loss, including theft or damage.

As you are shopping for motorcycle insurance in the Arlington, TX area, it is vital that you work with someone that is experienced and that you can trust. The team at the Rickey McGill Insurance Agency can answer any questions you have about your insurance needs and options. The Rickey McGill Insurance Agency has insurance professionals who will be able to assess your individual situation to ensure you pick the right policy to meet your needs. Contact our office for more information.

Is Boat Insurance Legally Required In Texas?

In most states, Texas included, there is no legal requirement that you carry boat or watercraft insurance. If you own a boat in Arlington, TX, you are free to buy insurance or skip it at your discretion, legally speaking. But you’re going to have a hard time getting your boat in and out of the water.

This is because most owners of docks, piers, and wharves are going to insist that anyone docking their watercraft at least carries some basic liability. The people who own these docks are just covering their ends: A boat-on-boat collision is unlikely to happen out on the open water, but it’s very likely if an inexperienced pilot comes cruising in a little too quickly to dock their boat, or if they don’t know to tie their boat down to keep it from smashing into other boats. So when that happens, if the other boat’s owner doesn’t carry insurance, or if they simply sail away before anyone can see who was responsible, then the dock owner is the one who’s likely to be sued. So it makes sense that dock owners are not going to want to risk that.

And of course, it’s just common sense to at least buy basic comprehensive coverage on your boat, and gap insurance if you’re still paying it off. A lot can happen out on the open waters, and you want to make sure that you’re protected.

If you’re still shopping around for boat insurance in Arlington, TX, get in touch with us at Rickey McGill Insurance Agency, and let’s see what we can do for you. You can stop by the offices, call us, or visit the Rickey McGill Insurance Agency website and we’ll get you the protection you need.

Do You Need Recreational Insurance?

Having too much fun is not a crime. Still, when that fun is accomplished on the back of a recreational vehicle, you want to ensure that you have recreational insurance to protect you against any potential liabilities. Whatever your preference in toys; whether it is boats, ATV’s, classic cars, motor homes, or something weird, we welcome your call to Rickey McGill Insurance Agency in Arlington, TX. We can help build an insurance policy designed to protect your active lifestyle.

Your Recreational Toys and Your Insurance

The value of peace of mind cannot be overstated, and that is true whether you are sitting on your couch and worried about your home, or camping and playing in the woods with your various recreational toys. In either of those two instances, sufficient insurance is the key to such a relaxed attitude.

Should something happen to your recreational vehicle while you and your family are out enjoying the weekend, the realization that relief is just a claim filing away. Typically speaking, this means that you will leave the house knowing that, at worst, you will only be responsible for covering any deductable. What is the best policy plans for your situation?  Let’s sit down and discuss your individual needs and situation.

Ask Our Team of Experts at Rickey McGill Insurance Agency

Rickey McGill Insurance Agency in Arlington, TX is staffed with a team of friendly, knowledgeable insurance agents who are looking forward to sitting down and having that conversation with you. Only you know what level of peace of mind you might need, but we are here to help you make those choices with an ideal policy. You should be able to enjoy your toys without worrying about problems should something go wrong, and that is our goal in formulating a policy for your recreational life.

Renters Insurance Coverage Options

Too many Arlington, TX renters rely on their landlord’s insurance to cover any losses faced due to fire, water damage, theft, and more. Unfortunately, as a landlord’s policy is geared toward protecting themselves against loss, many renters find themselves in trouble when tragedy does strike.

Here at Rickey McGill Insurance Agency, we want to be sure that you are taken care of, too. So, we designed this quick guide to help you understand the basic renter’s insurance options you have available to you.

Liability

Renters’ liability insurance is similar to auto liability coverage. If someone is injured on your property and you are responsible for it, or if someone else’s property is damaged and you are at fault, renters liability insurance may help cover the expenses up to your policy coverage limit.

Personal Property

Personal property coverage may help cover expenses of repairing or replacing personal objects if the damage or loss is due to a covered event. Personal property includes your possessions such as clothing, furniture, electronics, jewelry, and so on.

Your coverage is based on the value of that property and what you are covering. As we continuously purchase new things and the value of our possessions can increase or decrease, it is important to update your policy regularly. Otherwise, the amount of coverage you have may not be enough to help cover expenses you incur due to loss or damage.

Loss of Use

Should your residence be uninhabitable for some reason, such as a fire, loss of use coverage can help cover transportation to another location, hotel bills, and more. While your landlord likely has property insurance, there is no guarantee that his or her coverage will take care of living expenses for you should you have to stay elsewhere.

It is best to have your own protection in place so that you are not left out in the cold if the worst happens. You can later consider asking your landlord for help or even filing a lawsuit, but you must first be sure you have somewhere to stay in the meantime.

Renters insurance is a critical step in protecting yourself in the face of tragedy. Let Rickey McGill Insurance Agency of Arlington, TX help you get the protection you need.

Utilize Local Insurance Agency To Protect Your Motorhome in Arlington, TX

Having a motorhome can be fun, exciting, and essentially become your home full-time if that is what you choose. With such an investment as a motor home, you must have motorhome insurance to protect yourself legally as much as possible. 

We at Rickey McGill Insurance Agency are based in Arlington, TX, and are dedicated to going above and beyond for our clients. We have served residents in our area since 1877. When you are shopping for motor home insurance, here are a few details you need to know about. 

By Texas state laws, you are required to have at least liability insurance when your motorhome is on the road. Now, it is recommended that you look into full coverage options. However, you do not have to. Full coverage not only helps you cover the basics in the case of you being at-fault in an accident, but it also comes with collision and comprehensive coverage as well. In addition to the latter, as your motor home is a very important investment to keep safe, full coverage also covers other scenarios as well for you. Situations such as theft, storm damage (important for those that travel frequently), vandalism, hit and runs, and hitting an animal (unfortunately, this is a common situation that happens). 

Are you ready to speak with one of our agents to find suitable motorhome insurance? Our friendly agents will make sure that you are provided with all of the necessary information you need before and after you make your decision. To reach us in our office, please feel free to call us at (817) 861-3400. The team at Rickey McGill Insurance Agency in Arlington, TX are prepared to help you get started.

The Basics of Motorcycle Insurance in Texas

Any injuries sustained on a motorcycle are potentially much more severe than inside a car. The National Highway Traffic Security Administration found motorcyclists to be 26 times more likely to be injured than a passenger in a vehicle. The most common cause of motorcycle incidents are blindsided collisions. This can potentially cause severe injuries to the driver of the motorcycle. The most common type of injuries include damages to the spine or head, both extremely critical areas of the human body.

Motorcycle insurance is separate from auto insurance. One big mistake people make is to get less coverage for their motorcycle, which can be cheaper than a vehicle. However, it is important to note that when you have motorcycle insurance, you are not only protecting your own motorcycle but also protecting yourself, other people, and other people’s property. The rate of insurance will depend on the age and history of the diver, type of motorcycle, and the actual limits of the specific policy. High value or vintage motorcycles are expected to have higher premiums. Additional features such as roadside insurance can increase the premium, but they provide excellent value for the benefits they offer.

It is vital to get yourself educated on the basics of motorcycle insurance so you can make an informed decision. You can get education and guidance through a registered local insurance agency. Rickey McGill Insurance Agency serving Arlington, TX has agents that are well-versed in the legal requirements of the state of Texas. We can guide you through the policies that are most suited to your needs, goals, and preferences. We can guide you through the process and determine the level of coverage you should get in your situation. Rickey McGill Insurance Agency is certified and has a great reputation for getting things done. You can get in touch with our team in Arlington, TX by phone, e-mail, or stop on by and give us a visit.

What You Should Know About Umbrella Insurance in Texas

You may have homeowner’s insurance, car insurance, and other types of insurance to protect your family and your assets, but what if your insurance needs go beyond your current coverage? In that case, umbrella insurance will provide the extra coverage that you need. At the Rickey McGill Insurance Agency in Arlington, TX, we help clients find the right policies. Here’s what Texas residents need to know about umbrella insurance. 

Umbrella Insurance Coverage  

In Texas and other states, you can get personal insurance coverage as well as commercial insurance coverage. What is umbrella coverage for? If you reach your coverage limit on another insurance policy, your umbrella insurance can cover the excess. Umbrella insurance has proven especially helpful for protection against lawsuits. Texas residents often choose umbrella insurance if their homes or businesses come with a significant lawsuit risk. For example, a lot of Texans have open land, swimming pools, and other properties that may lead to a lawsuit in case of injury. Umbrella insurance gives these homeowners and business owners some extra peace of mind. 

Texas Has Choices 

There’s no shortage of insurance choices in Texas. Your umbrella insurance options come in a wide range of coverage choices. All of these options can get complicated, and you’ll want to make sure that you get the right coverage for your needs. One way to make the most informed choice is to talk to an independent insurance provider. The right provider can help you match your umbrella insurance to your coverage needs. 

Rickey McGill Insurance Agency

Want to talk to an insurance agent about your policy options? The Rickey McGill Insurance Agency is ready to help. Contact us today, or visit our office in Arlington, TX. We’ll answer your questions and help you find your umbrella policy.

Life Insurance Buying Tips

Getting life insurance is a smart move whether you’re a young person just out of college or an older person starting a family. Rickey McGill Insurance Agency will get you started with a few insurance buying tips that will help keep you from making some simple mistakes.

Think About Your Beneficiaries

It’s not the best option to name a minor as your beneficiary. The insurance company can tie up the death benefit for a minor are not able to accept life insurance directly. It wouldn’t be available until they’re 18. At that point in receiving a lump sum, the child will have no intermediary to help guide them with their new wealth. You make your child a beneficiary because you don’t want them to worry about money for school or life. But this could make it a little more difficult. When they get the lump sum, they may spend the entire amount within a few years or even months.

Get Comparative Options

When looking at quotes, make sure you comparison shop. You’ll want to look at the cost of the premiums and the terms versus the death benefit. Don’t just look at the lowest premiums. That may not be the best option for your beneficiaries. With the Rickey McGill Insurance Agency in Arlington, TX, our independent agents can go over several options with you before you make a decision.

How Much Coverage Do You Need

Take a good look at your finances and decide what type of coverage you’ll need. You might consider having at least 6 times your current salary. If you are making $100,000 per year in Arlington, TX, than the death benefit should be $600,000. This would be the amount to cover any debt and funeral expenses that you’ve accrued over your lifespan.