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Thank You for Trusting Us with Your Most Valued Possessions

We take pride in our insurance services because we know that every insurance product we offer helps to protect and secure the property and future of families and hard-working individuals in our community. Each day, we strive hard to be an insurance agency that delivers on its promises, ably provides financial advice, and responds to needs in a trustworthy, timely, client-centric manner. Why? It’s simple: you deserve no less.

Knowing that we are making a difference in our clients’ lives gives us extra motivation, and we are always grateful to receive kind words such as these:

“We have been very happy with Jon Derrick Insurance Agency. They are very attentive to our insurance needs and always super nice.”

– Michael O.

“It has been a great experience so far!”

– Tifini L.

“Good customer service and highly knowledgeable about my needs.”

– Evaline O.

“Jon’s insight really helped me better understand my situation.”

– Jason P.

Again, we sincerely thank our clients for the trust and positive feedback. If you wish to enlist our assistance in reviewing your insurance options and discussing other financial concerns, please feel free to contact us at 817-423-0048. We would be more than happy to talk with you about the best fit for your needs and capacity, may it be life insurance, auto insurance, homeowners insurance or business insurance.

Protect your Enterprise with Business Insurance

Anyone who has put up a business from scratch knows just how much work, time, and money goes into it. Small-scale entrepreneurs are likely familiar with the harrowing processes of applying for loans and courting investors, all for the sake of raising funds for a business venture with proven potential.

Because there is a high level of investment and risk involved in owning a small business, it is sensible to find ways to protect it as it grows. Business insurance allows you to do that when you encounter losses during the normal run of your operations. Those losses can result from a number of events, most notably damage to property, legal liability and employee-related risks.

There are several types of business insurance products to financially prepare and protect your small business against different kinds of risks. Damage to equipment, signage, inventory or furniture caused by a fire or storm can be covered by property insurance, as with losses due to theft.

If your business delivers products (not just services), you can also choose to procure a product liability insurance, which can protect you in the event you are sued for damages that your product allegedly caused. Small businesses and medium-sized enterprises that have physical stores will also benefit from business insurance that provides coverage for business interruption.

Some insurance companies offer a business owner’s policy (or BOP), which is a bundled insurance policy designed specifically for small and medium-sized businesses. BOP coverage typically includes general liability insurance and property insurance, and is more cost-effective than other business insurance products due to its reduced premium. There are certain exclusions when you opt for a BOP, and you can adjust your benefits by opting for additional coverage.

As with any insurance product, we always advise clients to have a good understanding of their own needs so that the coverage can be tailor-fit in the most efficient way possible. We know that you, as the business owner, know the kind of risks your small business will likely face in the long run. We are ready to offer any assistance that can help you arrive at a sound decision regarding your insurance coverage, whatever industry you may be in. Call us today.

Is Renters Insurance Really Necessary and How Much Will it Cost Me?

When you decide to rent an apartment, your financial concerns usually revolve around one thing: the monthly rent. And rightfully so, since missing out on payments can lead to undesirable consequences, like eviction.

One other important consideration is renters insurance. It functions in some ways similarly to homeowners insurance: it protects your personal belongings against damages or loss due to natural events, fire and theft, among others. Valuable items such as clothing, furniture, jewelry, electronics and gadgets can also be covered under renters insurance.

You may think the likelihood of such unfortunate events is low. However, these types of losses do occur on a daily basis and luck favors the prepared. If you are signing a residential lease in Texas through a real estate agent or leasing manager, chances are the contract you sign will prompt you to consent to purchasing renters insurance.

Choosing the right renters insurance product from the right insurance company can be approached the same way you would when you shop for life insurance, auto insurance or homeowners insurance. It is best to assess (ideally together with your insurance agent) your needs. Generally, renters insurance is very affordable and the premiums do not generally increase much per every $10,000 of coverage. Premiums can be as cheap as the cost of 5 Starbucks coffee drinks.

Worth noting is an advice from the Texas Department of Insurance (TDI): purchase a renters insurance policy with a high enough coverage amount (or the maximum amount the insurance company will pay you for a claim) that can replace property that is of significant importance or value to you.

Renters insurance is a very small cost to pay to ensure financial protection for you and your loved ones. Contact us today to discuss how affordable your renters insurance policy can be –817-423-0048.

What Drives Auto Insurance Costs?

A major part of being a responsible car or truck owner is making sure you have an active auto insurance policy. Auto insurance rates are determined by several factors, and being aware of them can be useful when it comes to anticipating how much you will have to pay – and if you have enough in your working budget to accommodate it.

Since pricing (in the insurance industry) has much to do with risk assessment, there are some factors that come into play, such as the zip code you live in, which might be an area susceptible to hail, hurricanes, etc. The less desirable the factors, the more likely that your auto insurance rate will be comparatively higher than others, as there is heightened risk of damage or loss.

Age is also a factor, but unlike life insurance (where costs are typically cheaper if you are younger), auto insurance rates for younger car owners or drivers are generally more expensive, as statistics show higher likelihood of accidents in that age range (due mostly to lack of experience on the road). On the other end of the spectrum, aging-related issues, such as diminished reflexes and vision impairment, may also cause spikes in auto insurance rates.

Even your marital status can influence premium costing. Again, statistical data is the basis, with insurance companies seeing that married drivers with dependents are typically more careful on the road. However, if your driving record shows otherwise, that can still affect the pricing you will receive from the insurance company – especially when you apply for a policy renewal.

Being a responsible owner and driver in itself is weighed, too. As previously mentioned, insurance companies also look into driving records. Hence, you must do what you can to stay safe on the road, not only for you to secure a manageable insurance quote, but also to ensure you come home to the people you hold most dear – your family.

If we can answer any questions or help you select an auto policy right for you, call us at 817-423-004

Give a Love that Protects this Valentine’s Day

And just like that, we bid goodbye to January and welcome February— a month that many of us anticipate because of one special day: Valentine’s Day.

What originated as a Christian holiday to honor a particular saint called Valentinus has now turned into one of the most popular (albeit unofficial) holidays all around the world. While the reason for celebrating this day has evolved over the years, at the heart of it remains to be love.

Love is also the motivator behind purchasing a life insurance policy. While Valentine’s Day celebrates love that is romantic in nature, a life insurance policy is a symbol of your love and protection for your family. When you purchase a life insurance policy, you are helping to secure their future. You are helping to establish a good foundation for your loved ones, so that they may be able to cope and continue to live a decent and dignified life in the face of financially compromising tragedies.

When we think of how we love our families, the images that come up seldom have to do with buying flowers, chocolates or jewelry, which are often associated with Valentine’s Day. There is nothing wrong with giving such gifts during a special occasion, especially since they are also symbols of love, and the end-goal is to make your loved one happy. But most of the time, when we think about how we best express our love for our families, we see ourselves working hard and doing all that we can to support them. We make plans and prepare for the future, which includes choosing the right life insurance product that aligns with our goals. When we invest in life insurance, we secure for ourselves and our families peace of mind and security – gifts that are far more valuable in the long run.

Life insurance is not the usual Valentine’s Day present, but it’s certainly a symbol of love that endures. As you celebrate the upcoming day of hearts with your partner or spouse, may you also be filled with joy at the thought that your daily sacrifices and decision to purchase life insurance will be of tremendous help to your family at a time when they need it the most. Now that’s love.

Hit the Road, Jack—but Check Your Auto Insurance!

When any of our loved ones go out and drive, we instinctively tell them to “Take care!” or “Be safe on the road!” Naturally, we want our family and friends to take caution and stay vigilant, because heightened awareness and careful driving can certainly reduce the risk of any unfortunate vehicular incident.

But car accidents do happen, even when we have done all that we can to avoid it. Just before the turn of the year, icy roads accounted for the spike in vehicular mishaps of varying degrees. Local news reported that in Tarrant County alone, there were 170 crashes with injuries, 26 of which were rollovers. Even the Texas Department of Public Safety was not spared, with units responding to weather-related incidents in two different locations getting caught in an accident themselves (thankfully, no injuries were reported from those accidents).

With extreme weather there is always a looming risk—no matter how small—and the inevitability of an accident (and the corresponding financial repercussions) is something that responsible car owners should think about.

In the state of Texas, every driver is lawfully required to have minimum liability insurance coverage. We trust that you have procured auto insurance for all the vehicles you drive. If, upon review of your auto insurance policy, there are some items that are unclear to you, or if you have assessed that your existing coverage may not be adequate after all, you should contact your insurance agent immediately to discuss your concerns.

If you are unsure about some of the items on your policy or want to know what other options you may have for your auto insurance, we would be happy to discuss your policy with you. Call us today!

Long Term Care Insurance: Should you consider it?

An ounce of prevention is worth a pound of cure. Many of us take great pains to make choices that will be good for our health in the short- and long-term. We change our diet, develop (and stick to) an exercise routine, get more sleep, minimize exposure to incidents of high stress. All this we carefully plan out simply because do not want to get sick.

But during the process, does it ever occur to you to prepare for the possibility that one day, your capacity to carry out even the simplest of tasks will drastically weaken? As we age, the possibility of debilitating health issues, immobility and diminished control rises. The Texas Health and Human Services (THSS) cites “that as many as 70 percent of people turning 65 can expect to use some form of long-term care during their lives.”

Apart from age, THSS has identified other factors that necessitate long-term care insurance, which serves as a source of financial assistance when you find yourself unable to perform daily functions like bathing and dressing. These factors are gender, disability (due to accident or chronic illness), current health status (including predispositions to critical illnesses like heart disease, stroke and cancer) and living arrangements.

In a 2014 report, the United States Census Bureau said that almost 40 percent of people 65 years and above had at least one disability, with two thirds of the sample saying that they experience difficulty in walking or climbing. Independent living difficulties came in second in terms of most-cited disabilities among the elderly. Further, Texas was among the states that recorded the largest number of older people with a disability.

It’s wise to take note of these numbers, and while there is nothing wrong with maintaining a positive outlook about your future health condition, there is also no harm in considering what you may eventually need for long-term care.

Our agents are ready to answer any questions you have regarding long-term care insurance, and finding a suitable plan that fits your financial capability and goals. Give us a call at 817-423-0048.

Life Insurance: A Smart New Year’s Resolution

We’re well into the new year, and we’re certain a good number of you are already going through your resolutions list. Some of you could be holding yourselves to what you wrote down, while some of you may be making slight adjustments here and there.

What changes are you prepared to make to ensure you emerge a better person? Usually, new year’s resolutions have to do with leading a healthier lifestyle—like quitting a vice, eating less junk food or sticking to an exercise routine—and with furthering one’s career or entrepreneurial aspirations.

Perhaps there’s also something in your list about managing your expenses better, either by cutting back on leisurely shopping or setting aside a larger portion of your monthly salary. Along this line, is there anything in your list that helps you achieve more long-term resolutions or prepare for any eventualities?

Life insurance is a financial tool that can do that for you. Because there are different types of life insurance out there, you will be able to find one that will fit both your current and desired lifestyles and financial capabilities.

When you go over your options with your agent, you will talk about your beneficiaries’ needs and goals. You may also be interested in learning about additional benefits you can attach to your basic life insurance policy—what is in your best interest, and – how those extra benefits will help you build a strong financial foundation for your loved ones.

Life Insurance coverages and premium costs can be adjusted to fit your current and long-term budget. This and other factors make it affordable for just about everyone. Having resolutions is admirable and while staying committed to them is challenging, the rewards are usually well worth it. We would be happy to teach you more about the benefits of life insurance and how it is a smart new year’s resolution. Our phone lines are always open.

From all of us at Jon Derrick Agency, Happy New Year!

CHRISTMAS REFLECTION: Blessed are we for the sacrifices we make

Christmas is a time for family, a time to celebrate the miracle of our Savior’s birth. It is a time to reflect on the significance of Christ’s humble entry into the world, becoming human in fulfillment of his Divine purpose to free mankind from the bonds of sin—and death. It is a time to reflect on the true meaning of sacrifice, as exemplified by God, the Father, and his only son.

When we gather with our loved ones this Christmas and look back on the year that has passed, can we say that we have lived full and well? Have we done all that we can to care for our families and others who may be dependent on us and our support? Have we sacrificed and put their needs before ours?

Heads of households are likely to say ͞yes͟ to all these questions. Providing for the family is a topmost priority, and it almost becomes second nature for many of us to forego our wants so we can protect our family and make sure they live dignified lives now—and in the future. The fruits of our hard work go to buying basics like food and clothing, and paying for essentials like school, utilities and upkeep of the home. We also allocate a significant portion of our earnings for savings, and paying for tools like life insurance, auto insurance and medical insurance that are meant to ensure uninterrupted financial security for our family should an unfortunate event render us unable to provide. Oftentimes, there is little left for personal leisures and simple luxuries.

When we think of the sacrifices we make in the context of Christ’s birth, life and death, they take on a much deeper meaning, because we know that the lives we lead now were paid for by His sacrifice, and therefore, we must live it well and in a manner that honors Him. The sacrifices we make for our family in order take care of our responsibilities become our daily acknowledgment of the profound price that was paid for us to live today. The weight of our sacrifices lighten in comparison, and we look at what we have and the time we spend with our families, not only during Christmas but all throughout the year, with gratitude and contentment.

We at Jon Derrick Agency are grateful to be part of your lives as a provider as well, and our agents are always ready to help you with your life insurance, auto insurance, home insurance or medical insurance needs.

May you all have wonderful Christmas and a blessed New Year.

HOMEOWNER’S INSURANCE: Protecting Your Place of Rest

Buying and owning a home is a blessing that many Americans enjoy. Your home is a place where memories are made, where you and your family can find rest and refuge after a long day, and where you feel most safe and comfortable. It’s no surprise then that maintaining and protecting your home and possessions in the best way possible is a priority.

Accidents happen. Natural disasters happen. When the unexpected happens, is your home protected? Just in recent months, we saw the devastating aftermath of massive flooding brought by Hurricane Harvey. At least 15,500 homes were reported to have been destroyed. That’s 15,500 families that, in what felt like an instant, suddenly found themselves with no shelter and having to rebuild. With the proper coverage, you can rest easy knowing your asset is protected during something like this.

There are many other things that can cause damage to your home. A water leak from a cracked pipe or a slab leak can cause up to $5,000 in damage. Unknown pest infestations may also do damage far greater than you think. These things can certainly be burdensome, especially if you don’t have enough the funds in place to cover the repairs.

Homeowner’s insurance is a preventive measure you must consider. Much in the same way that life insurance is meant to help you protect your family from potential financial burdens after the loss of a loved one, homeowner’s insurance is meant to cushion the effects of sudden expenses related to your home. Homeowner’s insurance covers damage or loss to your home or possessions from many things like fire, lightning, and hail. It can even protect your home from vandalism or theft. There are also medical payments in the event someone gets injured.

Depending on your coverage amounts, the premium will change, but what’s important to remember is you will have an active role in determining the level of protection for your home and possessions. Our agents can help you through the process and draft some options for you to consider based on your needs and financial capacity. Feel free to contact us today.