Click to Call
Amy Tounget Insurance Agency, LLC

101 S 3rd St
Midlothian, TX 76065

Get Directions

Amy Tounget Insurance Agency, LLC Blog

Life insurance FAQs

Life insurance is one of the most essential types of insurance but one that is not particularly well understood. It is always good to have an expert to advise you when it comes to who should have it and how much you need to have. At Amy Tounget Insurance Agency LLC in Midlothian, TX,  we are an independent agency dedicated to providing our customers with the highest level of service. We will provide the customized service that you require. 

If you have questions about life insurance, you are not the only one. Most people don’t know much about life insurance, and before you purchase any, you need some answers. 

When is the best time to buy life insurance?

The obvious answer is before you need it. Life insurance goes up in price the older you get and if you have any health issues. The young and healthy get the best rates. But certainly, when you have dependents who count on you, it is a necessity. 

Is your work provided life insurance enough?

No, it should not be the only coverage you have. You need to have full control of the amount and type of life insurance in your portfolio. What if you change employers or get a serious illness and are no longer able to work? What will happen to your life insurance? You could potentially lose it and be without coverage. 

Can you have anyone you want as a beneficiary?

Yes, the choice of beneficiary is yours to make. Keep in mind that if you choose someone under the age of 18 or 21, depending on the state, they will not be able to collect the death benefit until they reach the age of adulthood. That age is not the same in every state. 

Contact Amy Tounget Insurance Agency LLC in Midlothian, TX when you are in the life insurance market or need your current policies reviewed. 

 

 

Home Insurance Myths That Could Damage Your Policy

Amy Tounget Insurance Agency LLC serves the Midlothian, TX community. We are an independent insurance agency. We work closely with multiple carriers throughout the South. This allows us to offer our clients flexible policies designed to meet their needs in any situation. We promise to serve you with honesty and integrity.

Home Insurance Myths That Could Damage Your Policy

Owning a home is a significant achievement. Your Midlothian, TX property is one of your most prized possessions. Home insurance helps protect your valuable asset. You are covered if the interior or exterior of your home is damaged. Home insurance covers the repairs. The policy also covers all of your personal items inside the home. Liability coverage protects you if a guest comes over and they suffer an accidental injury on your property. As you review your policy, watch out for these common home insurance myths.

Flood Damage Is Covered

As a Texas resident, you are aware that severe weather can move into the area. Severe weather often leaves flooding in the aftermath. Home insurance does not cover any property damage that occurs due to a flood. You will need to add a separate policy.

Termite Damage Is Covered

You have to perform regular maintenance on your home. If your property is damaged by termites or mice, that is a sign that you aren’t taking care of your property. Home insurance won’t cover the damage.

Liability Coverage Protects My Injuries

That is incorrect. Liability coverage protects you if a guest is injured on your property. You are not covered if you are injured at home.

Adding Extra Coverage Isn’t Necessary

It’s a good idea to add extra coverage. You can add alternative living coverage, which covers your housing at another place while your home is repaired.

Amy Tounget Insurance Agency LLC Will Help You Protect Your Assets

Visit our website to learn more information about home insurance.

What auto insurance is required in Texas

Making sure that you are covered before you hit the road is important. In Texas, you have to prove financial responsibility but aren’t required to do that with auto insurance. Most people, however, find that auto insurance is the easiest way to prove you are responsible. Financial responsibility is making sure others are protected from you. At Amy Tounget Insurance Agency LLC in Midlothian, TX, we work without customers to make sure that the coverage we recommend meets their needs. 

The type of auto insurance that protects others is liability coverage. The amount you should have is 30/60/25. That covers one person in an accident up to $30,000 in personal injury, with the total for the entire accident of $60,000. Damage to personal property should be covered for $25,000. But even though this is all you must have, it doesn’t mean it’s what you should have. 

Having the bare minimum may not offer you enough protection for your assets in the event of a serious accident with injuries. 

If you have a car loan or lease a vehicle, you will be required by the lender to have insurance that protects the vehicle they have an investment in. Collision insurance protects your vehicle in the event of an accident that you are responsible for or where the other driver has inadequate insurance. It also protects you in the event you are the victim of a hit and run. 

Comprehensive insurance protects your vehicle from things other than a collision that damages your car. It can be theft or vandalism, weather-related events like wind, hail, or flooding. Anything other than a collision will most likely be covered. 

To discuss your auto insurance needs, Amy Tounget Insurance Agency LLC in Midlothian, TX is here to provide the service and products you require.

How much life insurance is enough?

One of the most frequent questions people ask about life insurance is how much is enough?  No one answer is right for every person, everyone has different needs and different components that go into that decision. Having an insurance agent who really gets to know you can help you come up with the right figure. At Amy Tounget Insurance Agency LLC Midlothian, TX, we’re locally owned and dedicated to making sure our customers get exactly what they need at a price they can live with. 

When you are young, you have very few liabilities to worry about. In many cases, no one depends on you, you don’t own a home, you have a car loan, and maybe a little credit card debt. You may have enough assets to cover these in the event you pass away, but do you have enough for your final expenses? That is all you need to worry about at this point in your life. 

Once you start a family, everything changes. You have people who depend on your income. This requires that you take a really good look at what you have for life insurance. You can’t count on what is provided in your benefits package. There is no guarantee you will continue working there. You need to be in control of the amount your family will receive if something happens to you. You need up to 10 years of your income to make sure your family can continue to maintain the lifestyle they currently have. 

When you retire, chances are that all you need, as far as life insurance, is enough to make sure that your final expenses are covered. Talk to your insurance agent to determine what your current needs are. 

Contact Amy Tounget Insurance Agency LLC in Midlothian, TX when you are ready to discuss life insurance. 

Four Tips for Preventing a House Fire

Did you know that a house catches fire almost every 90 seconds? Did you also know that it only takes two minutes for a fire to become life-threatening? Because house fires can be so dangerous in such a short period of time, our team at Amy Tounget Insurance Agency LLC wants to share some home fire prevention tips with Midlothian, TX homeowners.

Trim Surrounding Vegetation

While there is no way to simply prevent wildfires by yourself, you can reduce the risk of damage to your home by trimming any vegetation around the outside of the home. For example, if you have any trees and shrubs that are growing near the house, make sure to trim them back. Ideally, you should try to keep wild vegetation 100 feet away from the house whenever possible.

Don’t Leave Flames Unattended

One of the main causes of home fires is cooking. Therefore, when cooking, it is imperative that you don’t go too far from the stovetop when it is in use. Children should never be left in the kitchen unsupervised, especially if a stove is in use.

Fireplaces, heaters, and other sources of heat also pose certain fire risks. It is important that dishcloths, aprons, paper towels, cardboard, and any other flammable materials are kept far away from heat sources to minimize the risk of a house fire.

Use Grills with Care

Heat, embers, and ashes from outdoor grills can easily cause wood to spark and ignite. It is a good idea that outdoor grills be kept a minimum of 10 feet away from the home. In addition, you should never leave lighter fluid, charcoal, or anything flammable near the grill while it is in use. When done barbecuing, use water to put the hot coal or wood out to prevent it from continuing to burn.

There are many steps that can be taken to help prevent a house fire, including the tips mentioned above. In the event that a house fire does occur unexpectedly, you will want to ensure that your Midlothian, TX home is properly insured. Contact the team at Amy Tounget Insurance Agency LLC to learn more about the home insurance options we offer.

Do You Need to Keep Full Coverage Insurance on Your Vehicle Once It’s Paid For?

Auto insurance is one of those monthly expenses that is important and necessary. However, if your vehicle is paid off, you may be wondering whether you still need to pay for full coverage. Removing full coverage from your vehicle and opting for liability coverage only will not be the right choice for everyone.

To determine if this is the right choice for your and your individual situation, it is important to understand the difference between the two auto insurance coverage options and what considerations you should take into account. Here, at Amy Tounget Insurance Agency LLC, we want to ensure that Midlothian, TX residents are presented with the facts so that they can make informed decisions.

Full Coverage vs. Liability Auto Insurance

A full coverage auto insurance policy will consist of several different types of coverage that helps ensure you are protected in the event of an accident. Some examples of coverage that your policy would have include collision, comprehensive, liability, and uninsured/underinsured motorist. If found financially responsible for an accident, this coverage will protect you and cover the repair or replacement of your vehicle. It can also provide cover if your vehicle is stolen or damaged by a policy-covered event.

A liability-only auto insurance policy will consist of coverage that protects you against third-party insurance claims for property damage and bodily injuries when you are found at-fault for an accident. If you sustain any losses in the collision, you will not be covered.

Things to Consider

When determining whether to eliminate your full coverage and switch to liability only, there are a few important factors to consider. Since your vehicle is paid for in full, you won’t have an issue with your lender, since they normally require full coverage to be carried on a leased vehicle.

However, you will want to consider how much you drive. The more often you drive on the road, the higher the risk you will be involved in an accident. In addition, if your vehicle is still worth a considerable amount, or you do not have savings to replace your vehicle if it is wrecked, you may need to stay fully covered.

If you are unsure whether you should stay with your full coverage policy or switch to liability coverage only, contact us at Amy Tounget Insurance Agency LLC. Proudly serving the residents of Midlothian, TX, we will be happy to sit down with you and discuss your insurance needs.

Life Insurance Basics

A life insurance policy provides your family with a death benefit payout in the event of your death. Purchasing a life insurance policy helps ensure your loved ones are financially taken care of after your passing. Essentially, life insurance policies are an agreement between you and your insurance company where you agree to pay premiums for life insurance coverage in Midlothian, TX. 

If you have questions about life insurance, give the agents at Amy Tounget Insurance Agency LLC a call today. 

Who Needs Life Insurance? 

Anyone who is financially responsible for helping others should consider buying a life insurance policy. Life insurance policies help lessen financial burdens some family members are left accountable for after the policyholder’s death. For example, life insurance benefits can be used to pay for funeral expenses, future mortgage payment, estate taxes, and help maintain a family’s standard of living. 

Types of Life Insurance Policies

There are two main options available when shopping for life insurance — Term life insurance and whole life insurance. For a specific timeframe, term life insurance provides coverage for you, generally up to 30 years, but can be as short as five years. Term life insurance is designed to provide coverage during specific live events, such as raising a family. Beneficiary benefits end when the term expires. Whole life insurance covers you for your entire lifespan as long as you continue paying the premium. 

Life Insurance Premiums

Life insurance premiums are calculated using many factors, including your age, health, family’s medical history, and if you engage in risky hobbies. Term life insurance tends to be the less expensive option and does not carry any cash value. On the other hand, whole life insurance costs more and does carry a cash value, which you can borrow against in the event of a financial need. 

Those in Midlothian, TX, with questions about life insurance, should reach out to the agents at Amy Tounget Insurance Agency LLC. The agents there can help answer all the questions you may have. 

Home Insurance Exclusions

If you are a homeowner in Midlothian, TX, you understand the importance of having home insurance. It’s an investment that protects your home and its contents from unexpected events like theft, hail, fire, and many other perils. Besides, home insurance provides liability protection and covers loss of use.

Unfortunately, home insurance does not cover every mishap that occurs in your home. To that end, you must understand what home insurance does not cover to avoid disappointments when filing a claim. At Amy Tounget Insurance Agency LLC, we’ve prepared for you what your home insurance does not cover. Be sure to read through the article to understand your home insurance exclusions.

Floods

A standard home insurance policy does not cover damage caused by overland flooding. If you live in an area prone to floods, make sure you have a separate flood insurance policy to protect you against floods.

Damage by sewer backups

Water damage from a sewer backup may occur due to old sewer systems, growing tree roots, sanitary blockages, and so forth. Unfortunately, typical home insurance does not cover these damages. As such, you may have to buy an endorsement to cover water damage from sewer backups.

Damage due to neglect 

Damage that arises from poor home maintenance, like uncontrolled mold or pest infestation, is not covered by your standard home insurance policy. In light of this, keep your home well maintained to avoid incurring out-of-pocket repairs.

Earth movement

Typical home insurance does not cover cases like earthquakes, sinkholes, and landslides. But the good news is that you can purchase a separate policy that covers such types of events. 

Home insurance in Midlothian, TX

Before assuming that your home insurance covers you against every peril, be sure to scrutinize your policy limits and exclusions. It’s also wise to talk to your agent if you are unsure whether a specific loss or damage is included in your policy. Ready for your home insurance? Talk to us at Amy Tounget Insurance Agency LLC for an affordable quote.

3 Things That Will Hurt Your Driving Record

Making mistakes is a part of human nature; however, some mistakes may lead to points on your driving record and some of these points can remain on your driving record for several years. Points on your driving record can result in an increase in your auto insurance premiums because your insurance provider will view you as a high-risk driver in Midlothian, TX. Amy Tounget Insurance Agency LLC has put together a list of the three most common things that can hurt your driving record.

Driving Without a License

Whether you haven’t gotten your driver’s license yet, or you have a restricted license, if you get pulled over and don’t have a legal driver’s license, it will lead to serious consequences. Not only will you be faced with fines, but there is a risk of other license restrictions, possibly even prevention of getting your license in the future.

Driving Under the Influence

A DUI (driving under the influence) is one of the most serious driving mistakes you can make. Driving while under the influence of drugs and/or alcohol can impair your reaction times and your judgment, both of which significantly increase your risk of getting in an accident. Depending on your blood alcohol level and the circumstances of being pulled over, such as being involved in an accident, you may be faced with expensive fines, jail time, and a loss of your driver’s license. Each time you are caught driving under the influence, your sentencing increases, and insurance providers view your driving record as high risk.

Speeding

Each city and county has its own set fines and penalties for a speeding violation. However, regardless of where you get the speeding ticket, it will go on your driving record and insurance providers view this as you being a high-risk driver. Speeding tickets, regardless of how mild or major the difference in miles per hour you were traveling leads to points on your driving record and may lead to an increase in your insurance premiums. Speeding in certain areas such as a school zone can cause you to receive additional points.

Fortunately, there are ways to gradually remove points from your driving record. The first step is to appear at all court hearings relating to the tickets, especially if you feel as though you didn’t deserve the ticket/violations. In this situation, you will need to make sure you have the evidence to prove your case. Another way to reduce the points on your driving record is to take a defensive driving course, which will teach you how to be a safer driver. Eventually, the points on your driving record will fall off; however, it does take time.

Residents of Midlothian, TX interested in learning more information about high-risk insurance or reviewing your current insurance policy should contact Amy Tounget Insurance Agency LLC.

Do I need to buy life insurance if my employer provides a policy

Life insurance is an important part of anyone’s financial planning. It is a long-term investment in the protection of your loved ones. You may or may not have spoken to your insurance agent or financial advisor about buying life insurance. It is one area where many people feel out of their depth. At Amy Tounget Insurance Agency LLC we are a locally owned and operated independent insurance agency dedicated to exceeding the expectations of our clients. We provide the personalized service you deserve and will tailor a policy to your needs. 

If you are one of the lucky people who get life insurance provided as part of a benefits package you are lucky. It is definitely something you should take advantage of. Take a good look at the policy you are being offered. If you have an insurance agent you know and trust, having them look it over for you is a good option. You need to know exactly the amount of coverage you are getting and the type of policy it is. But is this policy no matter how much it is, enough? Do I need to get life insurance of my own?

The simple answer is yes, you do need to buy life insurance even if your employer provides a policy. Life insurance needs to be customized to your needs and income. Your employer may provide an amount based on your income but not on your needs. You need to make sure that no matter what happens to you, your family will be protected, and only you can decide how much that amount is. The employer-provided life insurance is just the frosting on the cake, it is not the cake. 

Talking to the team at Amy Tounget Insurance Agency LLC will help you to come up with the right amount of life insurance protection for your family. 

Why Work With Us?

  • Locally owned and operated
  • Works with multiple carriers
  • Combines policies for best rates
  • Customer friendly services
  • Have access to your auto ID cards anytime!

Archives

Categories

Our Community



Midlothian Community Guide

Testimonials


Google Reviews
  • Aegis
  • All Risks
  • Aviva USA
  • Banner Life
  • Berkshire Hathahway GUARD
  • Foremost
  • Kemper
  • Maison
  • Nationwide
  • Progressive
  • Risk Placement Services
  • Safeco
  • State Auto
  • Texas Mutual
  • The Hartford
  • Travelers
  • Wellington
  • Wright Flood
  • Zurich