Lake Point Insurance Agency

As your child becomes a teenager, it’s likely the internet will be a part of their daily life. They’ll adapt quickly to new technology and use it to communicate, socialise and create. Most teenagers have access to the internet using a smartphone or tablet, and use a wide range of social networking sites as a vital part of their relationships with others. As a parent in today’s digital world, it can be a challenge to ensure your children have the knowledge necessary to be safe when using social media. These tips, based on the latest research, will help teens’ socializing stay fun and safe. Think about what you post . Sharing provocative photos or intimate details online, even in private emails, can cause you problems later on. Even people you consider friends can use this info against you, especially if they become ex-friends. Passwords are private . Don’t share your password even with friends. It’s hard to imagine, but friendships change and you don’t want to be impersona...

The first step in protecting your business is having the right insurance. Learn more about different coverages, how they work, and how they can help protect your small business. Severe weather, fire, and other threats can damage your property and disrupt operations. Understand key property risks and how you can better protect your facilities and business Lake Point Insurance Agency has markets for your business needs no matter how small or large your company is. We will work with you to determine exactly what coverage best fits your needs. Business in the home coverage Craftsmen and contractors Service providers Food establishments Retail operations We provide building coverage, business property, bonds, and business auto coverage. Liability including premises, products, and general. Workers Compensation protection Lake Point Insurance Agency is ready to review your current plan and help you fill in the gaps. Starting a business for the first time… no worrie...

The greatest dangers students face don’t occur while riding the bus, but rather while boarding the bus. Negligent drivers who forget or ignore the rules that come with sharing the road with school buses are a major threat to students who need to cross the street to reach their ride. Even if you feel as if you are knowledgeable of all there is to know about school bus safety, a quick refresher on common school bus procedures is always a good idea. Here is a review of the different kinds of lights on school buses and how to react when you see them: Hazard Lights  — Proceed with caution. Located towards the lower half of the bus near the taillights, the hazard lights begin flashing when a bus has stopped to let children aboard, but they won’t be crossing the road to reach it. Motorists are allowed to pass the bus when these lights are on, but they are warned to be extremely cautious and alert while doing so. Flashing Yellow Lights  — Prepare to stop… Bus drivers trig...

Companies are constantly trying to find new ways to reduce their expenses and generate revenue each year; some in quite innovative ways. The insurance industry is no different. On the health insurance side, one example is companies’ entrance into the wellness arena. By teaching members to make healthier choices and engage in healthier behaviors, and even providing helpful tools and resources, insurance companies can reduce the number of claims they receive. This is helpful for both the insurer and the consumer because health care premiums seem to be on the rise every year — particularly in the individual market. In light of new incentives in the insurance industry, it’s a good idea to have a periodic comprehensive insurance review. There are always new products entering the market, many offering incentives that could lower your current rates, or sometimes the opportunity to combine coverage needs so that you don’t overpay. If you’re interested in learning more, please give us a ...

Middle-aged adults have a plethora of middle-aged financial priorities. It’s hard to even call them priorities because each one is important; it’s just a matter of spreading the money you have across a variety of different needs. In fact, a typical mid-life checking account might include payouts for a mortgage, college tuition, a savings account, an IRA, a life insurance policy, and a long-term care insurance policy — and that’s not even including the 401(k) contribution that is taken out of a pay check before it gets deposited. If you struggle with trying to figure out which financial priorities are most important or how to allocate a portion of your retirement savings among the many insurance product options, we can help. In fact, there are insurance products that can help with multiple priorities so you don’t have to spread your assets so thin. Take life insurance, for example. There are many different kinds, and one of the main differences is between term and whole life. ...

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 discount...

Most people using the internet to shop, conduct financial transactions or read firewall-protected content are likely familiar with the aggravation of maintaining passwords. Worse yet, tech experts now say conventional password security is only a marginal defense against hacking. We are now entering a new age in electronic security for the average user — one that more closely resembles James Bond movies featuring high-tech gadgetry. Biometric coding uses unique physical traits — such as fingerprints and retina images — to permit access to certain devices. You may already use FaceID or fingerprint technology to unlock your smartphone. Behavioral biometrics recognizes unique traits such as your voice, the way you swipe a pen or press a keyboard, your gait, common gestures, your foot/pressure movement when you drive a car, etc. Biometrics may be easier than remembering passwords. However, the technology is not without challenges. Unlike passwords, biometrics are unchangeable. Th...

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 ...