While business owners are normally the expert in their industry, they depend on many advisors to help them make the best decisions for their business. That is where Cheek Insurance in Plano, TX comes in as a trusted insurance advisor.  Cheek Insurance can help educate the small business owner so they are better equipped to find the coverage they need at a price they can afford, whether it is workers’ compensation insurance Plano, TX or another type of commercial insurance.

Workers’ Compensation Insurance Plano, TX … Does My
Business Need It?

• Texas is the only state in the union, at this time, which does not require by law business owners to have Workers’ Compensation Insurance.
• Worker’s Compensation Insurance is designed to provide protection for workers who are injured on the job to help pay for their medical bills and any other costs associated with the injury.
• The employer provides this type of coverage for all of their employees without any cost to the employee.
• The worker receives the benefit while the employer is assuming absolute liability for the injury, so typically workers compensation protects the employer from expensive lawsuits and financially ruinous settlements.

 What Workers’ Compensation in Plano, TX Can Provide:

• Workers Compensation Medical Benefits (injuries inflicted at work,or diseases like emphysema or repetitive motion)
• Workers Compensation Income Benefits
• Workers Compensation Death Benefits
• Workers Compensation Rehabilitation Benefits
• Workers Compensation Loss of Use Benefits (loss of limbs, ears, or eyes)
• Liability insurance for the company for lawsuits filed by injured employees

Workers’ Compensation Insurance Plano, TX: What Happens if a Worker Is Injured on the Job and Is Not Covered by Workers’ Comp Insurance?

The worker can sue the employer and the owners of the property. If a worker is paralyzed for life, it could cost millions. That is why having workers’ compensation insurance Plano, TX can help with peace of mind for the business owner.

How to Buy Workers’ Compensation Insurance in Plano, TX

Workers compensation insurance is bought as a separate policy. Business owners’ policies, general liability, and property insurance policies do not include coverage for workers’ injuries. It is the responsibility of the business owner to know if they are required to have workers compensation insurance in Plano, TX.  It is also the responsibility of the business owner to understand how their workers’ comp policy operates.

Is Workers’ Compensation Insurance in Plano, TX Expensive?

Each occupation is assigned a risk classification determined by two factors: frequency of injury at work and severity of the injury. Then the classification is assigned a dollar amount based on the risk. Premiums can be increased or decreased based on your business safety history, and other factors.

All things considered, most companies feel they cannot afford to be without workers compensation insurance. 

Small Business Owners Face Challenges: Cheek Insurance Can Explain How Workers’ Compensation Insurance Plano, TX  May  Help!

While small business owners in Plano, TX and elsewhere appreciate the opportunity to operate their business in the way they prefer, time demands of the business operation itself can be overwhelming. Insurance issues are one of several areas that they would love to have simplified, but at the same time they need to feel they are covered adequately in the event of a loss.

Making Smart Decisions for Your Business Includes Workers’ Compensation Insurance Plano, TX

As Insurance professionals offering workers’ compensation insurance in Plano, TX   and all over the Dallas Metroplex our job is to make a complicated product simpler to understand, more user friendly, to be able to discuss the coverage afforded by the policy so that our clients feel they are appropriately insured. At Cheek Insurance we want to free up the business owner so they are able to take care of the business they are running, and not worry about insurance. We are always here to discuss options and to help educate the consumer in the choices available. At Cheek Insurance our desire to help small business owners with those insurance details, including workers’ compensation insurance in Plano, TX ., is all a part of being who we are….always looking to better serve our clients in Plano, TX and beyond.

Rita Cheek offices with her husband Randy in Plano, TX.  Both Rita and Randy believe as independent agents they are best able to serve their clients. Randy and Rita, being seasoned in the insurance industry and both having the heart of a teacher, are always willing to share their knowledge when working with a client. Cheek Insurance Agency prides itself in helping their clients find affordable coverage to help meet their clients’ individual insurance needs.

Cheek Insurance Agency seeks out partners who provide the most reliable and affordable insurance coverage for Texas. Some of the companies Cheek Insurance partners with include Travelers, The Hartford, Mercury, MetLife, Progressive, Republic, Midland National Life, North American Life, Assurity, United Home Life, Baltimore Life, West Coast Life, Mutual of Omaha, Gerber, and Sentinel.

An Independent Agency providing workers’ compensation insurance in Plano, Texas and serving the Dallas Metroplex; Irving, McKinney, Carrollton, Allen, Richardson, Lewisville, Garland, Addison, Frisco, Wylie and Murphy, TX.  

Why do I need it? Number one reason: It’s the law in Texas. And a good law at that. We should be happy that most states require auto insurance coverage and that there are insurance companies around to absorb the risk. When you think about it … it’s a jungle out there!

What would happen if I did not have it? Hefty fines are involved in those that do not carry auto insurance. If you were involved in an accident you need to know that you are able to pay for the damage you caused. The cost of treating injured people from even the simplest accidents can be enormous.

Okay, I get it. Texas requires we have coverage. End of story. Correct?

Not really. Most Texas auto insurance companies advise against carrying only the state’s minimum auto insurance requirements. If you are involved in a serious accident, the costs will significantly exceed your auto insurance coverage, making you liable for thousands of dollars out of you own pocket. It is not good planning to cut corners on auto insurance coverage. You’ll need that protection if you’re ever involved in an accident.

How do I get the best deal? The best deal always equates to getting the best value for your dollar. Generally speaking, choosing high limits and high deductibles is a smart choice. Choosing a high deductible will require you to pay more money out of pocket if you’re involved in an accident, but will lower your auto insurance premium. Choosing high limits protects you in the event you were involved in an accident. The more coverage you have, the less it will cost you if you get in an accident. Typically, higher limits cost only a few dollars more.

Any more tips on getting a good deal? A list from one of our trusted partners includes various discounts that may be available to you. You will find that list at the bottom of this article.

Remember the best deal is ALWAYS that you have the adequate coverage you need with a reliable and affordable company. If and when you are involved in an accident you will thank yourself over and over for investing in the additional auto insurance coverage.

How do I know what is adequate for my needs for auto insurance in Plano, TX? A trusted local independent agent should be able to ask the right questions to direct you in learning what coverage is best for you. In addition to basic liability coverage, you may also want to include Comprehensive (COMP) and Collision. Collision and Comp ensure you can replace or repair you vehicle in the event it’s damaged. Although Texas law doesn’t require Collision and Comp, the bank that loaned you the money to buy that new car probably will. With a new car and a loan to go along with it, you won’t want to be out of a vehicle if it were to get damaged and then still be responsible for making a payment on a worthless wreck in the junk yard.

Consider how you use your car, where you live, the age of your vehicle, your personal assets that need protection, and your passengers when making a decision on what is adequate for you.

You need insurance to:

~ Guard the investment you have in your car

~Pay for medical bills after an accident including accidents caused by uninsured or underinsured motorists

~Safeguard you from costly damages of an accident related lawsuit

~Help protect your valuable assets (such as your home, retirement saving, stocks, etc)

~ Help pay for damage repairs due to theft, vandalism, or natural disasters

~ Help give you peace of mind when you or your loved ones are on the road

Great Discounts and Advantages from Travelers Insurance Company That Can Lead to Savings *

• Safe Driver Advantage
• Paid In Full Discount
• Multi-Car Advantage
• Early Quote Advantage
• Multi-Policy Discount
• Hybrid Vehicle Discount
• Good Student Discount
• Driver Training Discount
• Student Away at School Discount
• Home Ownership Discount

*The above Discounts and Advantages are taken from Travelers Insurance Company.

 Cheek Insurance Agency seeks out partners who provide the most reliable and
affordable insurance coverage for Texas. Some of the companies Cheek Insurance
partners with include Travelers, The Hartford, Mercury, MetLife, Progressive,
Republic, Midland National Life, North American Life, Assurity, United Home
Life, Baltimore Life, West Coast Life, Mutual of Omaha, Gerber, and Sentinel.

Medicare insurance and Texas Medicare supplements insurance are two separate things that do work together well, yet should not be confused with one another. Medicare insurance is provided by the government for individuals 65 years of age or older or for individuals that are eligible due to a disability.

Medicare has proven to be a great program providing benefits to a number of individuals with the health care that they need at prices they would otherwise be unable to afford. However, Medicare does not cover everything. That is where Texas Medicare supplements come in to play and can be purchased to fill in the gaps in the Medicare coverage.

When an individual’s health care needs go beyond what Medicare covers, then they may find themselves in financial trouble. Finding out the hard way, about the gaps in Medicare coverage, after the fact, happens far too often to seniors. Supplemental insurance helps cover the unexpected costs of healthcare. If someone is required to spend an extended period of time in a hospital or requires long- term care, Medicare can leave them with a huge health care bill.

There may be other needs that are necessary that are simply not covered by Medicare. Vision care, dental care, and hearing care will all become the responsibility of the individual if they are depending on Medicare alone. Do the math. With the ever increasing medical costs an individual can find himself in a bind very quickly when the Medicare coverage has reached its limit.

While Medicare does provide an important role for individuals on a fixed income, its gaps in coverage can spell financial disaster for those without Texas Medicare supplement insurance. Also, it is important to know, that not all doctors participate in the Medicare plan so there may be times where Medicare coverage provides no benefits at all.

Supplemental insurance will be beneficial in just about any situation. The cost of being underinsured can prove to be a great deal more than the cost for supplementing with Texas Medicare insurance.

The cost of supplemental insurance in Texas covers the gaps left behind by Medicare. Find out today the benefits associated with Medicare supplement insurance.

For more information on how Cheek Insurance Agency can help you with your particular insurance needs (Texas Medicare supplements, auto, home, commercial, or life) call today 972-758-1100 or toll-free 1-800-658-7717.

Not connected or endorsed by the United States Government of the federal Medicare program.

As a Independent Insurance Agency in Plano these are some of the companies we compare; MetLife, The Hartford, Progressive, Travelers, Mutual of Omaha and more.

Need auto insurance in Plano? Give us a call today.