Lake Point Insurance Agency

Labor Day weekend is on the horizon and many of us are looking forward to capping off the summer with one final outdoor get-together before the fall weather begins to creep in. As you begin to prepare for your upcoming backyard barbeque, picnic in the park, a trip to the lake, or beach party, keep some safety tips in mind to ensure your long weekend stays fun and free of preventable accidents. Here is a list of some helpful Labor Day safety tips you should remember as you wrap up the season: Alcohol Moderation:  A fair amount of us enjoy drinking alcoholic beverages at parties, but it is important to be aware that doing so will impact your ability to make decisions, coordination, reaction time, and vision, which could all make you vulnerable to a number of accidents and mishaps. Set a limit on how much you plan to drink and stick to it. More importantly, never drink if you have to operate a vehicle. In the event that you do drink, use a ride-sharing service or ask a sober f...

If you lost your home in a fire, how much would it cost to rebuild it? The answer may be different than you think. And if your home isn’t insured to its full replacement cost, your homeowners policy may not cover the full cost for you to rebuild it in the event of a covered loss Rebuilding costs could differ from what you paid for your home and be more than its current market value — what it would sell for today — especially in areas where the value of real estate has changed. A replacement estimate includes costs to rebuild your home component by component. Current costs for labor, materials and contractor fees may influence the replacement cost of your house. Some key factors that affect the cost of rebuilding a home: Total living area (square footage). Style of home (e.g., ranch, contemporary, colonial). Construction type (e.g., frame or brick). Number of kitchens and bathrooms. Quality of custom materials. Garage type (e.g., attached, detached, built-in). Spec...

Here are some safety tips for passengers when using a rideshare service: Share your trip details with friends or family: According to Uber, you’re able to tap “Share status” in the mobile app and share your driver’s name, photo, license plate and location with a friend or family member. They can then track your trip without downloading the Uber app. Lyft users can tap the “Send ETA” icon on the bottom bar, which will send a text message to family or friends with a link to your current route and location. If your ride-hailing service doesn’t offer a quick status or ETA share, snap a photo of the vehicle’s license plate and send the photo (and any additional details) to a family member or friend. Confirm the name of the driver and make of the vehicle: There have been several cases of people posing as drivers, but both Uber and Lyft offer passengers details such as the driver’s name, their photo and car type. According to Campbell Matthews, a Lyft representative, the com...

Whether you’ve been in Texas your whole life or you just moved there, there’s a good chance you balked at the quotes you were given when you tried to insure your car. There’s no doubt that auto insurance is expensive in Texas. In a state where the average car insurance rate is $1,810 per year, you want to make sure that you’re getting the best price you can for the coverage that you need. So why are Texans paying 26.9 percent more than the average nationwide? Let’s take a look at why auto insurance is so expensive in Texas, what affects car insurance in Texas, and ways you can potentially lower what you’re paying. Car insurance in Texas Texans pay $1,810 a year for car insurance while the average annual cost of car insurance across the country is $1,426. When you’re shopping around for car insurance, it can be useful to know the average cost of car insurance in your area. You never want to pay more than you have to and it can be a useful reminder to inquire about discou...

By now, most of us know to check with our health insurance company to make sure our physician or specialist referral is covered by our health care plan and within the covered network. But what if you’re unconscious or in some other medical emergency? Say, for instance, you need to be airlifted to a medical facility. One patient, a young doctor in Texas, was billed more than $56,000 for a medevac flight after injuring his arm in an ATV accident. He, the air ambulance company and Blue Cross and Blue Shield of Texas are working toward resolution, with the company asking him to appeal to the Texas Department of Insurance. Imagine receiving such a bill in retirement. How might that impact your retirement plan? According to one study by Fidelity, a 65-year-old couple retiring in 2018 could expect to spend $280,000 on health care throughout retirement — not including long-term care costs.2 If you’re concerned that you’re not saving enough, we can help create a plan to help you be bett...

A new system based on deep learning AI could significantly reduce claims fraud for insurance companies. The getmeins USA Focus predicts that detecting just 1% of fraudulent claims would save companies in the leading 10 insurance nations $35 billion collectively. This has made the quest for a solution of paramount importance to insurers. Sophisticated AI driven by deep learning could be their saviour. Huge strides have been made recently in terms of image and facial recognition. This new technology understands every multi-layered element within images and videos in the same way humans do. This allows it to analyse and recognise images and faces in video content with up to 98% accuracy — and 1,000 times faster than the human brain. FaceApp started as a celebrity-fueled trend is quickly becoming another focal point in the ongoing conversation about privacy in the digital era. Even those living under a rock are struggling to escape the FaceApp craze. The mobile photo-editing app ...

In today’s world, it is easy to get information overload.  At Lake Point Insurance Agency, we would like to simplify the insurance process for you.  Dealing with an independent agency like Lake Point benefits you in many ways. The most significant benefit is that we are not tied to a specific insurance company.  This gives us the ability to shop the market to find the very best coverage and price for you.  If you deal with one of the insurance companies you see advertising on TV, their only option is to offer you a policy from that company.  At Lake Point, we deal with multiple insurance companies so we can find the one that best fits your coverage needs. If your needs change or the insurance company is not meeting your expectations at any point, we at Lake Point have every incentive to find a different company that fits your situation better.  That flexibility is invaluable. Another great benefit is the personalized service you will receive with ...

Barbecuing can be a delicious way to cook your favorite meals when the weather is nice, but there can be risks involved, too. Here are some safety tips for grilling this summer: Save it for the great outdoors. Only use your grill outside and keep it well away from your home, deck railing and overhanging branches. You shouldn’t grill under an overhang or porch, either. Three feet from the heat. Keep children, pets and flammable objects at least three feet away from your grill. Never leave the grill unattended. Clean it up. Before you grill, remove grease buildup from all grills and trays. Do the soap test. If you’re using your grill for the first time this year, it’s a good idea to inspect your hose and connections for leaks. The National Fire Prevention Association has a simple tutorial on how to check for gas leaks using the soap test. Many fires and explosions happen when refilling or reattaching the gas container, so here’s how to be a pro with your propane tank: Store s...

In today’s world, it is easy to get information overload. At Lake Point Insurance Agency, we would like to simplify the insurance process for you. Dealing with an independent agency like Lake Point benefits you in many ways. The most significant benefit is that we are not tied to a specific insurance company. This gives us the ability to shop the market to find the very best coverage and price for you. If you deal with one of the insurance companies you see advertising on TV, their only option is to offer you a policy from that company. At Lake Point, we deal with multiple insurance companies so we can find the one that best fits your coverage needs. If your needs change or the insurance company is not meeting your expectations at any point, we at Lake Point have every incentive to find a different company that fits your situation better. That flexibility is invaluable. Another great benefit is the personalized service you will receive with Lake Point Insurance Agency. Just l...

Not all insurance agents are the same! Choosing the right one can make a big difference — in price, service, and value. With other agencies, you get one company that sells one brand of insurance. With an independent insurance agency  like  Lake Point Insurance Agency   you get choices . Why? Because independent insurance agencies, like  Lake Point Insurance Agency , represent a number of different insurance companies, and can compare coverage and prices to find the best possible value for your individual circumstances. As independent agents, we are members of the  Rockwall — TX  community, and we’re committed to doing business face-to-face and being your advocate in times of need. Serving Rockwall — TX and the state of Texas, here are a few reasons why Lake Point Insurance Agency should be your first and last top when looking for insurance. We work for you when you have a claim. We are not beholden to any one company. This means you don’t ha...