Author: agentinsure

Three Things to Look For When Shopping for Trucking Insurance

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Before you can drive a truck for your profession, you first have to find the right trucking insurance for your needs. At The Owens Agency LLC, serving Waldron, AR, we help truck drivers like you find the right insurance to help keep your trucking business running smoothly. It’s vital to find the right trucking insurance. Without it, your trucking business could face financial difficulty. 

1. Physical Damage Coverage

Physical damage coverage pays to replace or repair your trucking equipment if it is stolen or damaged in an accident. This is essential coverage because accidents can happen, and sometimes, those accidents can be costly and difficult to repair. Physical damage coverage can keep your business functioning if a covered event occurs. 

2. Trucking Liability Coverage

If your truck damages someone else’s vehicle while you’re on the road, your trucking liability coverage will help repair or replace damages to the other vehicle. Trucking liability coverage can protect you from the liability of making hundreds or thousands of dollars in repairs if you’re found at fault for an accident on the road. 

3. The Right Insurance Carrier

In addition to finding the right trucking insurance policy, finding a suitable insurance carrier is important. Look for an insurance carrier that offers good customer service and expertise in trucking insurance. Your insurance agent should respond to questions quickly and with accuracy. You should feel comfortable asking your insurance agent questions and should also feel like your insurance agent has your best interests in mind. 

The Owens Agency LLC, serving Waldron, AR, can help you find a good trucking policy for your trucking business. Call today to learn more about trucking insurance. 

How Home Insurance Makes it Easier Get a Mortgage

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Getting a mortgage is an arduous process. If it’s not one complication, it’s another. But did you know buying a home insurance policy from our agents at The Owens Agency LLC in Waldron, AR before you start your home search can help? Here are three ways home insurance makes it easier for you to get a mortgage:

  • It helps you qualify for your mortgage. Lenders require borrowers to have home insurance before they approve the loan. Having home insurance already in place can avoid any delays in the approval process. 
  • It lowers your mortgage interest rate. Lenders think borrowers without home insurance are risky, so they charge higher interest rates to offset this risk. When you come into the process with home insurance in hand, it gives the lender the impression you’re a responsible borrower. Having home insurance in place also helps you avoid paying for lender-placed insurance. This is a type of insurance your lender gets for you when you don’t have a policy. Lender-placed insurance is more expensive and less comprehensive than home insurance.
  • Home insurance protects both your investment and your lender’s interest in the property. If your home is damaged by fire, wind, or theft, home insurance pays to repair or replace it and your belongings. This saves you from defaulting on your mortgage or owing more than your house is worth. It also protects the lender from losing money if they have to foreclose on your home.

Home insurance makes it easier to get a mortgage because it provides tangible proof of your dedication to the homebuying process. Contact our talented and knowledgeable agents at The Owens Agency LLC today for more information, or visit our website to learn more about what we can do for you.

How can I be protected with my Arkansas auto insurance plan?

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If you own a car in the Waldron, AR area, you will want to know that you are protected and following all rules and regulations as well as possible. A great way this can be done is by getting the right insurance plan. You can be protected in many ways with a proper auto insurance plan for your car. 

Ensure the Car is Protected

Many people will want to get an auto insurance plan here to ensure their car is protected. A car or other vehicle tends to be expensive and vital. If you choose to get an auto insurance plan, it will provide the coverage you need to replace or repair your car if it is damaged in an accident or stolen. 

Minimize Liability Risks

Having an auto insurance policy can also be a smart option as you can reduce your liability risks. There will always be liability risks that come with driving a car. If you cause an accident, you will need to cover damages. Fortunately, you can mitigate this risk with an auto insurance plan, as it will provide liability coverage. This can help cover damages to a vehicle and other property and medical bills. 

You will always want to know that you are adequately covered with auto insurance in the Waldron, AR area. If you want a plan in this area, calling our team with The Owens Agency LLC. would be smart. Our insurance team with The Owens Agency LLC knows the value of this coverage and will offer any guidance you need to build your ideal auto plan to protect yourself and your car.

Why You Need Trucking Insurance to Cover Your Truck When You Aren’t Hauling a Load

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Truckers purchase policies to create a policy package, but many miss the need for bobtail and non-trucking liability insurance. In this blog, The Owens Agency LLC explains what both of those policies do for truckers in Waldron, AR.

Bobtail Insurance

A bobtail policy, also called a deadheading policy, refers to insurance that covers the driver’s liability when driving without a trailer attached. This could mean the driver dropped off a load or has yet to pick one up. For it to apply, the driver must be actively on the clock but between hauls.

Non-trucking Liability

Although non-trucking liability sometimes gets called bobtail insurance, they refer to two different things. A non-trucking situation refers to any personal use of a commercial vehicle. It includes driving with or without a trailer attached. In a non-trucking situation, a driver might have dropped off their load and headed to the grocery store for food or their child’s school to pick them up.

Independent and Employee Truckers Need Coverage

Because both situations refer to a time between active work, other truck policies do not apply. A trucking company’s liability insurance only covers its drivers and rigs while actively used for work purposes. If you drive a tractor-trailer (semi-truck) or other big rig vehicle, you need these two policies to cover your liability completely.

Contact The Owens Agency For Trucking Insurance

Don’t drive another mile without bobtail and non-trucking liability coverages. Contact The Owens Agency LLC to purchase the liability coverage you need. Let us help you adequately protect your business risk by reviewing your policy.

How to Select the Right Home Insurance Coverage

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Selecting the right home insurance can be a challenge. However, you can count on The Owens Agency LLC experts to provide the Waldron, AR residents with quality policy options that meet their needs. Contact us today to find out how we can help match you with how to quit coverage to protect you from risk.

Choosing Home Insurance

Choosing home insurance is much easier when you have a professional insurance agent to assist you. Our team of professionals is highly knowledgeable and knows how to gather the detailed information necessary to present you with policy options that match your current and Future needs.

We aim to provide complete coverage without gaps that can cause potential losses. We sit with each customer to gather detailed information about their coverage needs. Once we obtain the information necessary to make recommendations, we will explain the terms and conditions of each policy to help ensure the customer makes the best decision.

Once a policy is chosen, we will assist with documentation and information submission to acquire the policy quickly. We will also assist with any changes to the policy during its lifetime. If there’s a claim, we can also help with the process to expedite things so that you can get back to normal.

Find Out More 

At The Owens Agency LLC, we are committed to assisting the residents of the Waldron, AR area by selecting top-quality insurance products that offer protection and flexibility. If you would like to learn more about policy options that work best for your specific needs, please call or stop by our office to schedule a consultation with one of our insurance agents.

Why basic auto insurance may not be the right choice for you

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When choosing your auto insurance, cost is always an issue. But, it is essential to understand that by choosing basic auto insurance, you may not get the coverage you require to protect yourself. The Owens Agency LLC in Waldron, AR is an independent insurance agency that provides the necessary service. 

Basic auto insurance in Arkansas

In Arkansas, drivers are required to carry liability coverage. The basic amount mandated is 25/50/25. This is $25,000 for injuries to one person in an accident. If more than one person is injured, the total is $50,000. Personal property must be covered for $25,000. With the current emergency and hospital care cost, this could be very inadequate. 

Basic insurance will not be enough for those who have an auto loan or are leasing. You will have to protect the vehicle itself. This requires having insurance on the car in the form of collision and comprehensive. 

Protecting your vehicle

For most people, your vehicle is vital to your everyday life, and ensuring it is covered for damage means that it can be repaired. If your car is old and has little value, then basic insurance may be the right choice for you, but for most people, it isn’t. Collision coverage protects your vehicle if it is damaged in an accident you are responsible for or by a hit and run. Comprehensive coverage protects from theft, vandalism, and various weather events, including hail, high wind, floods, and collision with a deer or other large animal. 

Contact The Owens Agency LLC in Waldron, AR when you are in need of auto insurance and advice. Stop by our office, or give us a call to get a no-obligation quote. 

 

Trucking Insurance: What It Is and What It Isn’t

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Owning a trucking company in Waldron, AR isn’t always easy, and finding the right insurance policy only complicates matters. When shopping for trucking insurance, there’s a whole host of factors you must consider that aren’t present when buying insurance for your personal vehicle. Combine that with all of the terminology and coverage variations, and you have a daunting task on your hands.

At The Owens Agency LLC, we understand your unique position. That’s why we’ve created this brief guide to the different types of trucking insurance.

What Trucking Insurance Can Cover

No matter what aspects of your business you need coverage for, there’s likely a policy out there for you. But how do you know what you need to be covered? First, you’ll need to know what kinds of coverage the state requires. Then, you can look at the other types of coverage offered and see what applies to your company. Remember that the minimum cover required by the state likely won’t protect your livelihood in the event of a serious accident.

Standard coverage, such as primary and general liability, covers damage to others’ property or injuries and risks like slips and falls at your office, respectively. You’ll also likely want a policy that covers damage to your truck during an accident and the goods that the truck is hauling, medical bills that you or your driver may have, and a borrowed trailer so you can maintain operations. Additional bobtail insurance may be useful if you or your driver(s) often drive the truck without a trailer attached.

Protect Your Trucking Company With Help From The Owens Agency LLC

If you’re looking for the right mix of coverage and premiums to keep your company on the road, we can help. We can provide you with the freedom to choose the exact coverage you need. Give us a call today at 479-637-2207.

Who needs to have home insurance in Waldron?

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Owning a home in the Waldron, AR area can be a great idea. When you buy a home, it will be very important that you get the right insurance. For most property owners, this means getting a home insurance plan. There are various situations when having a home insurance policy would make sense. 

Those with Mortgages need Coverage.

A situation when someone in this part of Arkansas needs home insurance is if they have taken out a mortgage. As homes can be expensive, many people who purchase a home will take out a loan and mortgage. When you do this, you need to have home insurance to comply with mortgage documents and requirements. Carrying this insurance will help keep you in good standing. 

When Looking for Financial Protection

Even if you are not required to carry home insurance, getting this coverage is still a good idea. Home insurance is a significant investment when looking for financial protection. This type of insurance can provide financial resources if you need to repair or replace the home after a covered calamity. Further, it will provide you with liability coverage that will offer support if you are named liable for an accident on your property. 

Getting home insurance when you are in the Waldron, AR area is always a good idea. Calling our professionals at The Owens Agency LLC is a great option when looking for this coverage. Our professionals at The Owens Agency LLC know the value of this coverage as well as all of the unique features it can provide. You can receive support to build a new plan when you call us. 

Coverage For Different Types Of People Who Drive Your Car

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Who’s Driving Your Car, and Why?

That might sound like a nosey question, but it’s something the insurance company wants to know to calculate risk. There are differences between your domestic employee driving your car, your car-free neighbor borrowing it, your teenager or adult child using it for a weekend, or you just running errands. What about car lending services where a stranger borrows it? There’s a lot to talk about if you want to know what’s at risk in these choices. You don’t need to shut down the friendly nature of your relationships and the flow of your business connections. At The Owens Agency LLC in Waldron, AR, we’re interested in your financial well-being if something goes wrong and the likelihood of that so you can make realistic choices.

Types of Auto Insurance Coverage Beyond Basic Personal Policies

As life has become more complex, many assumptions have fallen away. For example, when a neighbor borrows your car, it’s assumed they also have coverage. Even hardware store truck rentals are based on this assumption. For drivers without a vehicle, non-owner coverage is available that provides liability protection when they’re behind the wheel of others’ cars. We can help you sort out what’s needed to maintain proper coverage regardless of your situation.

Taking Informed Action for Great Auto Insurance Protection

The insurance risks in lending your car often point to adjustments in your existing personal auto policy. If a larger issue is discovered, it might be time to consider a commercial vehicle policy instead. Call us at The Owens Agency LLC in Waldron, AR. We can explain everything in clear terms and what we recommend so you’re confidently covered.

Navigating Trucking Insurance in Arkansas

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If you’re a trucking company or owner/operator working in and around Arkansas, you may wonder where to turn for affordable trucking insurance coverage. Trucking is an essential industry that keeps the United States running. Trucks carry goods across the country, ensuring that everything from food to electronics reaches its destination. However, trucking is also a risky business, and accidents can happen. That’s why trucking companies in Arkansas must have proper insurance coverage.

The Owens Agency LLC is a top-rated Arkansas insurance agency. We offer a wide range of coverage options to protect your trucking business! 

Trucking Insurance Basics

Liability Insurance for Truckers 

Liability insurance is legally required in most states. It is one of the most important types of insurance for trucking companies. This coverage protects you in case of accidents that cause property damage or bodily injury to others. This insurance is required by law in Arkansas!

Cargo Insurance for Truckers

Another necessary type of insurance for trucking companies is cargo insurance. This coverage protects the goods that you’re transporting. For example, suppose something happens to the cargo in your custody or control. In that case, cargo insurance can help cover the costs of any damage or loss.

The Owens Agency LLC can help owners/operators navigate the ins and outs of workers’ compensation insurance, which benefits employees injured or ill.

Get Trucking Insurance in Arkansas

Navigating trucking insurance in Arkansas can be complicated, but The Owens Agency LLC can help make it easier. Our knowledgeable insurance agents have years of experience helping trucking companies find the coverage they need to protect their businesses and employees. If you’re in the Waldron, AR, area, contact The Owens Agency LLC today to get a quote and learn more about insurance options.