Friday, December 27, 2013

Umbrella Insurance: The Superman Policy

Umbrella Insurance: The Superman Policy

By Maryl Joop


Becoming a landlord in Texas can, not only challenge you with a steep learning curve, but also an unforgiving one. There are a multitude of hidden costs that you might have to learn through trial and error. Even before you get to actually being a landlord, there are many steps you have to go through to make sure your properties are ready to rent. It can be easy to forget some things during the process, which is why it's important that you remember to get sufficient landlord insurance. If you don't know why landlord insurance is essential or you have been thinking of maybe going without it, here are some points to think about.

Of course, many people prefer other superheroes like Batman, Wonder Woman, or Spiderman. These superheroes have their own strengths and weaknesses and are very cool in their own way. Batman is very thrifty and brave. Wonder Woman has her cool magic outfit.

Hold on tight to the wheel

You will notice as soon as the tire goes flat that your car starts to swerve or shake uncontrollably. This can lead to some serious steering challenges. Make sure that you are in control by holding tight to the wheel and keeping every car around you safe by steering slowly off the road.

Now this illustrates the problem many people have with Superman. They say he does too much. It's unrealistic. Besides, the other superheroes take care of their cities without much of a problem. So who needs Superman? It's true that where one superhero is, others are usually not needed.

Landlord Insurance is Suited for Landlords

This will keep people aware of where you are at (which is especially important when you are driving in the dark on the highway). It may take some extra planning in advance to have reflectors and other things to make sure people see you but when it comes down to it and you are having huge semis passing on your left, you are going to want to be noticed.

Although your landlord insurance will not appreciate an abundance of claims, they do understand that you will file more than the typical homeowner. Renters often do not take care of the property as well as an owner would, and landlord insurance is there to protect against this. It usually runs about 15% more than homeowners insurance, but it's worth it.

So while some may scoff at the idea of an umbrella insurance policy, there may come a time when those scoffers may need it. Emergencies are not a time to be picky or prideful. When disaster strikes, you are going to want all the help you can get. Don't assume that Batman will be able to solve your every problem. Despite how awesome he is, even Batman needs help sometimes.

Don't refuse the help of Superman just because you wear Batman underpants. So get your Auto Insurance, Travelers Insurance, and Renters Insurance from Kemper Insurance Frisco, but remember to back yourself up with the Superman of all insurance policies: your umbrella insurance.




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