Renters Insurance for Less Than a Year: Exploring the Possibility

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Renters insurance typically includes policies that last for one year and require annual renewal. However, some situations may not need a year’s worth of coverage. For example, you might live in a rental unit in Highland Village, TX for three months, six months, nine months, or another short duration. Most would skip it because it’s a brief stay, but that decision is unwise.

Can tenants secure renters’ insurance that lasts less than a year?

Of course. The easier route is to get a standard renters insurance policy and use what you need. When the duration expires, move your policy to your new rental area or cancel it. If you choose to move your insurance to your new location, call an agent at Thompson Insurance Services to change the address. Conversely, cancellation requires you to handle fee payments and receive refunds for any unused coverage. Some include cancellation fees, some will refund a portion of the funds, and some will combine the two. The answer depends on the carrier.

The stressful route to take is to find a six-month renters insurance policy, short-term renters insurance for tenants, or a month-to-month renters insurance policy. Few carriers offer renters insurance for less than a year, but one of our agents will review their policies if you ask about it.

Is it better to skip renters insurance until you arrive at your new place?

No. Renters insurance can protect your belongings from damage and guests from injury during your temporary visit in Highland Village, TX. Anything can happen in that timeframe. Renters’ insurance acts as a safety net for those unforeseen circumstances. It’s better to be safe now than sorry later.

Don’t skip renters insurance; their policies are flexible. Tenants can use what they need and cancel the rest with little hassle. Our agents at Thompson Insurance Services will discuss the policies’ durations, cancellation fees, and reimbursements with you. You select the one that fits your situation. Contact us for more information about renters’ insurance.

How One Fender-Bender Can Wreck More Than Your Car

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It happens fast: a distracted moment, a slippery turn, a crunch of metal at low speed.

You think it’s minor, no injuries, just a scuffed bumper and a cracked taillight. But what comes next? That’s what truly impacts people, not just their cars, but their budgets, their time, their insurance rates, and their confidence in handling the situation.

At Thompson Insurance Services, we’ve helped Highland Village, TX drivers navigate the real cost of a "small" accident. And it’s almost never small.

The Chain Reaction No One Warns You About

A simple fender-bender can spiral out of control quickly and quietly. Here’s how:

  • Injury claims days later: Whiplash and back pain don’t always show up right away. When they do, they can lead to ER visits, physical therapy, and legal disputes.
  • Vehicle damage beyond what’s visible: What looks cosmetic could hide bent frames, compromised sensors, or alignment issues.
  • Rental car and downtime: If your policy doesn’t include loss-of-use coverage, you’re paying out of pocket for transportation while your car sits in a shop.
  • Rate increases: Even if the damage was minimal, the claim itself can raise your premiums, especially if you’re found at fault.

And if the other driver has no insurance, or not enough, you’re left filling in the gaps unless your policy is built to handle that.

The Right Policy Changes Everything

Thompson Insurance Services works with Highland Village, TX drivers to make sure their auto insurance goes beyond the basics. Because in the real world, fender-benders come with fine print.

We help you review:

  • Uninsured/underinsured motorist coverage
  • Property damage limits
  • Rental car reimbursement
  • Medical payments and liability extensions

It’s not about fear; it’s about control, knowing your coverage can stand up to what actually happens out there.

Think that little bump won’t cost much? Think again. Call Thompson Insurance Services in Highland Village, TX, and make sure your auto insurance is ready for the full impact.

A Texas Home Insurance Guide

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When you buy a home, it represents your hopes and dreams. Many Texas homeowners have questions about choosing the right home insurance. If your home is near Highland Village, TX, our team at Thompson Insurance Services can help you choose the right policy for your needs. We’ve been working with Texas homeowners like you since 2017.

Home Insurance Guide

According to the Texas Department of Insurance, home insurance policies typically combine multiple types of insurance into a single policy. The same website reminds prospective policyholders that home insurance includes dwelling insurance, which provides coverage for your house if it is damaged or destroyed. Your furniture and other personal items in your home are covered by property insurance. Your policy also provides coverage for unattached structures on your property.

When damage to your home forces you to stay somewhere else while your home is repaired, your home insurance pays for the cost of staying in another place. If someone sues you because they were injured on your property, the personal liability insurance included in your policy will pay court costs that may occur. According to the Texas Department of Insurance, your insurance will also pay for the medical expenses of anyone who is injured on your property or by your pets. If you are found responsible for damaging someone else’s property, the liability portion of the policy will also pay those expenses.

Call Us Today for Your Appointment

We take pride in being an independent insurance agency. Each member of our team at Thompson Insurance Services provides excellent customer service. Homeowners in the Highland Village, TX, area have learned that we can offer a wide range of insurance options. Call us for an appointment today and let us help you find the home insurance that you need.

What Highland Village Drivers Get Wrong About Auto Insurance

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Many drivers believe they have their auto insurance coverage figured out—until reality proves otherwise. In Highland Village, TX, it’s not the headline-grabbing accidents that catch people off guard. Instead, it’s the quiet, overlooked details in a policy that determine whether a claim is covered or denied. One skipped clause or a misunderstanding about “full coverage” can lead to costly surprises. The gap between what drivers think they have and what their policy actually provides is where financial headaches often begin.

Common Assumptions That Backfire

We hear it all the time: “I’m fully covered.” But fully covered according to whom? Auto insurance policies are built on specific definitions, and those definitions can vary significantly between providers. Some Highland Village drivers assume their coverage protects them when driving a rental car, lending their vehicle to a friend, or commuting across state lines. The root cause is simple—they equate paying premiums with having a safety net for every scenario. The harsh reality? Exclusions and limits can leave them footing the bill. A false sense of security can be more dangerous than having no coverage at all.

How to Get Clarity Before Trouble Strikes

In Highland Village, TX, we’ve seen firsthand how a single conversation can prevent months of financial and legal stress. At Thompson Insurance Services, we simplify auto insurance by replacing industry jargon with clear, direct answers. When your coverage aligns with your actual driving habits, you’re not just compliant—you’re prepared. Closing those hidden gaps in your policy provides peace of mind that’s worth far more than the time it takes to review your coverage.

If your auto insurance hasn’t had a reality check recently, now is the time to act. Call Thompson Insurance Services in Highland Village, TX, and let’s ensure your policy matches the way you actually drive—before the next curve in the road tests it.

Have Roommates? Make Sure Your Auto Insurance Is Updated

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If you’re in the Highland Village, TX area and living with roommates, you may not have considered the additional risks that come with letting them borrow your vehicle. Even if they rarely drive your car, would they be covered in an emergency? At Thompson Insurance Services, we can help ensure you have the right auto insurance policy for living with others, so you’re protected against life’s unexpected situations.

Additional Drivers Can Increase Risk

While the State of Texas doesn’t explicitly require all drivers living in the same residence to be listed on your insurance policy, some insurance companies may have stricter requirements. We can provide quotes from multiple insurers, including those that may require your roommates to be added to your policy. It’s essential to understand whether your policy mandates this, especially if there’s a chance your roommates might drive your vehicle. Ensuring you’re protected is key.

Keep the Lines of Communication Open

The best way to ensure you’re covered in a roommate situation is to consult with us. Our agents can review your current policy or help you evaluate new options. We’ll let you know if your roommates need to be listed, excluded, or otherwise addressed in your policy, and explain what these changes mean for your overall level of protection.

Let Us Address Your Policy Needs Today

Contact us today at Thompson Insurance Services if you’re in the Highland Village, TX area and need auto insurance that protects both you and your roommates. Our agents are here to help you find the right policy for your needs, so you don’t have to worry about additional drivers or whether you’ll have coverage when it matters most.

Umbrella Coverage – Increased Liability Protection for Your Place of Business

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Do you operate a large business that serves many clients? If so, your standard liability insurance policy may not provide sufficient coverage for unexpected risks. Here are some situations that might prompt you to consider acquiring an umbrella insurance policy.

Injury Risks

Your products or services could potentially cause an unexpected injury. If any of the goods or services you offer carry inherent risks, you may need to increase the amount of liability coverage available to you.

An umbrella insurance policy serves as a safety net, providing supplemental coverage to help cover out-of-pocket legal costs, medical bills, and other unforeseen expenses. This additional protection ensures your business is prepared for situations that exceed the limits of your standard liability policy.

Threat of Damage

Accidents happen—whether it’s a delivery driver or an onsite worker causing damage to another party’s machinery, or equipment within your business, causing harm. These scenarios can lead to significant financial and legal challenges.

If your business faces considerable risks of property damage, an umbrella insurance policy can provide the extra liability protection you need. This coverage can help manage high legal expenses and other costs associated with resolving disputes or legal battles.

Conducting a Business Risk Analysis

Performing a thorough analysis of your business operations is a smart way to identify injury and damage risks. This evaluation will help you make an informed decision about whether adding umbrella insurance to your business insurance policy is the right move.

Learn More About Umbrella Insurance

Do you have questions or concerns about umbrella insurance? Contact one of our agents at Thompson Insurance Services. Our team, serving Highland Village, TX, is ready to schedule a consultation and help you explore your options.

Home Insurance When You Work From Home: What Changes?

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Do you work from home and wonder how home insurance might impact you? With more people working remotely now than five years ago, and many running their own businesses, it’s important to understand potential changes. For instance, your workspace might double, or a spare bedroom could become a client meeting space. It may be time to reassess your setup and your policy.

At Thompson Insurance Services, we proudly serve Highland Village, TX. More homeowners are merging their personal and professional lives under one roof, which brings subtle but significant considerations.

The Usage of Your Home Matters

While working from home might not necessitate a commercial policy, it’s important to consider how your home is used. Ask yourself questions like: Are you meeting clients at your house? Do you have valuable supplies or equipment needed for your business? These are all factors to consider when reviewing your insurance plan.

Consider Beyond The Basics of Home Insurance

It’s also advisable to think through the practical aspects of working from home. Does your setup support productivity and safety? Have you made any physical changes (like added wiring or renovations) that could affect how your home is maintained?

Your Lifestyle Has Changed: Your Insurance Review Should Too

Everyone’s work-from-home situation in Highland Village, TX, is unique, and their insurance discussions should be too. The team at Thompson Insurance Services is here to help guide you through any adjustments or questions you may have as your home life evolves. Working from home shouldn’t mean working with uncertainty. Contact Thompson Insurance Services today to ensure your home setup aligns with your current lifestyle.

Does Renter’s Insurance Cover Tornado Damage?

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If you’re a renter, you may be aware of the importance of renter’s insurance in protecting your belongings. It often provides reimbursement for theft. However, many renters also lose everything when there’s a natural disaster, such as a tornado. So, does renter’s insurance cover tornado damage?

Windstorm Damage

Many renters’ insurance policies include windstorm coverage, which means your policy may cover damage to your belongings due to a tornado. This coverage includes damage to personal belongings you have inside or outside the home, but it won’t cover damage to the building itself.

Exclusions Apply

Most renters insurance policies in Highland Village, TX, specifically exclude natural disasters, such as floods or earthquakes. There may be fine print that excludes tornadoes, too. It’s always important to speak with a professional at Thompson Insurance Services to ensure you’re covered during common natural disasters.

Common Coverage

These insurance policies commonly cover your personal belongings. However, the landlord’s homeowner’s insurance policy covers damages to the structure. Some policies include additional coverage for lodging expenses. Cars on the property usually aren’t covered because car insurance policies cover them.

Every Policy Is Different

Renter’s insurance tends to differ from one company to the next. Some include lodging expenses as a standard part of the policy, while other companies require you to purchase additional coverage for reimbursement for lodging. Consider what you want in your insurance policy, and then contact a professional agent to ensure you have the coverage you need.

Here at Thompson Insurance Services, we understand the importance of proper coverage. Our agents will work with you to understand your needs and create a policy to protect you during a crisis. Contact us today to learn more. We’re currently serving the Highland Village, TX, area.

Insurance and a Second Car

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Congratulations on your second car! Whether it’s a result of marriage, a prize, or a well-deserved purchase, it’s important to remember that this second car also requires insurance. Both vehicles need coverage even if they are not used as frequently as the first. While this might increase your expenses, the options available might not be as costly as you anticipate. Regardless, insuring both cars is a necessity.

Insurance Options for Your Second Car

One option is to add your second car to your primary vehicle’s insurance policy. This could potentially qualify you for a multi-vehicle insurance discount, saving you money. However, this might not be the best choice depending on the type of the new car and its intended usage. Two separate policies might be more suitable if the second car is only used occasionally. For instance, classic cars require a specialized type of insurance. Even if not used regularly, sports cars can be challenging to insure. Whether good or bad, your driving history will significantly influence the cost of insuring a second car. So, safe driving is always encouraged!

Thompson Insurance Services: Serving Highland Village, TX

If you live in the Highland Village, TX, area and need auto insurance, consider Thompson Insurance Services. Whether you have one car, two cars, or an entire fleet, our friendly and knowledgeable agents can help you find the policy that best suits your needs.

Umbrella Insurance vs. Excess Liability: What’s the Difference?

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If you live in the Highland Village, TX, area and are considering an umbrella insurance policy, Thompson Insurance Services is here to assist. We understand you may have questions about this type of coverage, and we’re more than happy to answer them. Whether you already have a policy and need to make updates or you’re exploring a new policy for the first time, our trusted agents can help you secure the proper protection for peace of mind.

Understanding Umbrella Insurance

An umbrella policy is designed to provide coverage beyond the limits of your current auto, home, and other policies. It’s more than just added coverage; it doesn’t increase those policies’ limits. Instead, it offers a blanket of expanded coverage for more than just what your other policies typically handle. Many people think this kind of coverage is only for people with high levels of assets, but an umbrella policy is valuable coverage for anyone.

Excess Liability Can Also Provide Protection

Excess liability differs from an umbrella policy because it only increases the protection limits of the policies you already have. In other words, there’s no ongoing or overarching blanket of protection from this kind of coverage. Having higher coverage limits can be helpful, but you won’t get the expanded kind of coverage an umbrella policy provides.

Discuss Your Options With an Agent

Contact us today at Thompson Insurance Services if you’re in the Highland Village, TX area and want to learn more about umbrella insurance. We can provide you with quotes from multiple insurers and help you choose the right one to meet your needs. Having that extra layer of protection can be a great way to have more peace of mind and feel secure as you navigate through life.