Helping You Make Informed Insurance Choices
Here at Woodby Insurance & Financial Services, we combine exceptional service and decades of experience to help you choose the policy that best meets your budget and lifestyle requirements.
With your best interests in mind, we help you make educated choices so that you end up purchasing the right policy that provides great coverage at reasonable prices. From auto insurance services to commercial, health, retirement, and more, we have got you covered.
Texas Auto Insurance Coverage
The laws in Texas make it mandatory for all drivers to have minimum insurance coverage for personal liability and property damage to protect themselves and others should they be involved in a motor vehicle accident. The minimum amount is decided by the Texas Department of Transportation and keeps changing with time. We provide you with the latest information so that you make the best choice while purchasing a car insurance policy.
Skip the hassle of contacting multiple providers and use the online tool on our website to compare quotes from top-rated insurance companies. All you need to do is fill out the form with the requested information, submit it, and wait for a list of companies that serve your location anywhere in Texas. If you need assistance with filing a claim, we can do that as well.
In addition to the policies that are mandatory for all drivers to have, you may opt for other policies that provide extra coverage, such as medical payments. The decision to purchase these policies depends on the make and model of your vehicle, as well as its condition and how frequently you drive it.
In case you get involved in an accident with a person who is uninsured or under-insured, having some of these policies in the bag would put you in a favorable situation.
Texas Home Insurance Coverage
Regardless of your location, no home in Texas is completely immune to the damage caused by fire, wind, rain, tornado, or vandalism. Hence, as a homeowner, it’s essential for you to have homeowners insurance to protect your home, its contents, as well as the property on which it is situated.
In case you have a mortgage, the type of insurance you need to have, and the amount will be dictated by your lender.
Compare Quotes & Choose the Best
Paying your insurance premiums every year results in a big hit to your bank account. Hence, you need to make sure that you are not overpaying for your coverage. There may be policies that offer the same coverage for a lesser amount.
If you are interested in shopping around for home insurance policies, you are at the right place. Submit your data using the online tool on our website and compare quotes from multiple top-rated insurance companies that serve the state of Texas. If you find a better policy for the same price or the same one for a lesser premium, our agents will help you make an informed decision on whether to switch your provider.
We recommend you don’t just pick the least expensive one since the coverage might not be the same. If you need more information about homeowners insurance or have any insurance-related questions, please reach out to us.
Texas Commercial Insurance Coverage
You need to have certain commercial insurance policies if you own a business in the state of Texas. As an independent agency, we provide you with the individualized attention you need to choose the right commercial insurance policies tailored to your unique needs.
Texas Commercial Auto Insurance
Having a commercial auto insurance policy will protect you against certain losses if you or one of your employees gets involved in an accident while driving or riding in a company vehicle. Depending on the level of coverage you purchase, your policy may cover the following:
Liability claims of injury or property damage
Damage to your company vehicle
Claims of injury from your employees
Other services, such as towing
General Liability Insurance (CGL)
Commercial general liability insurance not only protects your company’s assets but also pays for certain obligations that you may incur, such as medical bills when someone gets hurt on your property. This also covers claims of property damage caused by you or your employees. The cost of legal defense and final settlements may also be covered by CGL, depending on the level of coverage you have opted for.
Texas Commercial Property Insurance
You need commercial property insurance if your company owns real estate. These policies insure your building and the surrounding areas against damage caused by natural disasters (fires, tornadoes, etc.), theft, or vandalism. In case a named event damages your property, you can use the money from the policy to rebuild. Some policies also cover your equipment, inventory, and other items stored on the premises.
Texas Workers Compensation
Workers' compensation insurance is essential if your company has one or more employees. These policies cover additional expenses, such as medical bills and prescriptions, when your employees sustain injuries on the job or contract work-related diseases.
Texas Business Owner Package (BOP)
Purchasing a business owner package (BOP) may help you save money if you require both commercial property and commercial general liability (CGL) insurance. BOP policies offer protection against:
Company property damage or theft-related losses
Third-party claims of injury or property damage on the business premises resulting from an action of yours or your employees
Texas Life Insurance Coverage
While auto, homeowners, commercial, or health insurance is mandatory for most Texas residents, life insurance is optional. However, you must remember that not having a life insurance policy in place may jeopardize the financial well-being of your loved ones if you are not around in the future.
Anyone who has a dependent should have either a whole or term life policy. For minors, having a small policy in place should be enough to cover their final expenses. College students or grads need to have a policy that will cover their debts and non-forgivable student loans.
Life insurance is also recommended for parents with children. Having a policy in place provides them with the peace of mind that the other parent or caregiver wouldn’t be burdened financially if they aren’t around in the future.
Term Life Insurance
Term life insurance is good for a set number of years, usually 10, 15, 20, or 30. It offers a payout if the policyholder passes. You also have the option to renew at the end of the term. However, if you are still alive at the end of the term and don’t renew, you won’t get a refund of your money.
Whole Life Insurance
Unlike term life insurance, whole life insurance policies never expire. Your policy is valid for life as long as you continue to pay your premiums. Some whole-life policies offer a savings vehicle that builds up a cash value that you can borrow from at any time and that money will be returned to you if you cancel your policy.
Please get in touch with our agents at Woodby Insurance & Financial Services if you have any questions related to life insurance or need professional assistance with choosing the policy that best meets your unique needs.
Texas Health Insurance Coverage
Those without a health insurance plan run the risk of getting hit with penalties come 2014 when the Affordable Care Act goes into full force. One of the top reasons of bankruptcy is medical debt, meaning that it’s essential for you to have a policy in place.
While spending a few hundred dollars in premiums every month may seem like a bit too much today, don’t forget that it would just be a drop in the bucket if you or one of your family members were to seek immediate treatment with medications and hospital stay.
Having a policy in place also allows you the financial freedom to visit a physician for regular check-ups. This makes room for early diagnosis of certain conditions and effective management of risk factors, thereby preventing life-threatening scenarios later on.
Lead a Healthy Life
Leading a healthy life is one way to ensure that your health insurance premiums and your overall health care costs stay low. Give up drinking and smoking. Lose weight by eating a diet full of lean proteins, colorful vegetables, and fresh fruits. Exercise daily to stay in shape or lose a few extra pounds.
Get Personalized Assistance
Our health insurance services are second to none. As an independent agency, we provide personalized assistance with choosing an individual or family health insurance plan that best meets your needs and budget. Our agents will help you shop around for policies by comparing quotes from some of the top-rated carriers that serve your area.