Eliminating the Gap – Essential for Life Insurance Coverage Many individuals in Houston, TX, lack sufficient life insurance coverage, leaving them susceptible to financial distress in case of unexpected death. Addressing this life insurance coverage gap is essential to protecting households from economic hardship. Unpacking the Coverage Gap The life insurance coverage gap is the difference between an individual’s current insurance coverage and the amount they need to fulfill their financial responsibilities and care for their dependents in case of their death. Many people either underestimate ..read more

So you’ve decided you need health insurance, but you’re not quite sure where to start. Rest assured, it won’t be difficult at all. With modern technology, filing for health insurance has never been easier. You can get an account online. This may mean creating an account, so develop a good password.  If you need a little help, you can use your zip code to find people and organizations that aid people in filing for health insurance. This includes translation assistance and being in person if needed.  You can apply for and enroll in a plan through an appropriate enrollment par ..read more

Your homeowner’s insurance policy is there for you when covered events occur. Whether it’s a lightning strike, a burglary, or a windstorm, your homeowner’s insurance policy is there to help you during the recovery process. This means that shopping for the right home insurance policy is important. It’s essential to have the right amount of coverage for the right price, and getting a policy from an agency that treats you well is important. At Modern Risk Management in Houston, TX, we help homeowners find the policy that will serve them well when the time comes. Here’s what yo ..read more

When you purchase home insurance for a single-family home, you can choose the level of perils coverage in your policy. In this blog, Modern Risk Management offers a quick guide to perils coverage for Houston, TX homes. What is a peril? In insurance, the term peril refers to a damaging event, such as a fire or tornado. A break-in or vandalism also qualifies as a peril. Perils Covered in Home Insurance Home insurance consists of four levels of perils coverage for single-family homes – three named peril levels, HO-1, HO-2, and HO-8, plus an all-perils level, HO-3. One form, HO-5, offers all-peril ..read more

Your Houston, TX home insurance and renters insurance cover some natural disasters. Unfortunately, flooding is not one of the natural disasters that is covered under a standard policy. That is why it is so important to have a policy so that your family doesn’t suffer if something happens. At Modern Risk Management, we can help you find a policy to meet your needs. When To Purchase Flood Insurance If you think there is not much risk of flooding, you may decide to wait. That could cause you to lose out on the ability to use flood insurance because almost all flood insurance policies have a ..read more

Commercial insurance carries many benefits for business owners. Whether your business is large or small, commercial insurance provides vital protection. Small business owners may feel that commercial insurance isn’t necessary. However, the team at Modern Risk Management is committed to helping small Houston, TX business owners understand the benefits of commercial/business insurance. What is Commercial Insurance? Commercial insurance is insurance for businesses. It can be customized to fit the unique needs of a business. Commercial insurance protects business owners, the business itself/busine ..read more

Houston, TX is no stranger to flood disasters. Hundreds, if not thousands, of homeowners have been victims of flooding within the last few years. By purchasing flood insurance, you can protect yourself against flood risks. Modern Risk Management offers flood insurance protection to homeowners in Houston and surrounding areas. Importance of Flood Coverage Home insurance protects you from a variety of disasters. This includes water damage that may occur due to a broken pipe or other plumbing problem in your home. Flood damage caused by outside water sources, however, such as rising rivers a ..read more

As newlyweds embark on this exciting life adventure together, it’s essential to consider how life insurance can play a crucial role in building a solid financial foundation for their future in the Houston, TX area.  Protecting Each Other’s Financial Interests One of the primary reasons for getting life insurance as newlyweds is to protect each other’s financial interests. In the event of the untimely death of one spouse, life insurance ensures that the surviving spouse is not left with financial burdens, such as outstanding debts, mortgage payments, or funeral expenses.  Covering Sha ..read more

When a storm is brewing here in the Houston, TX area, it’s essential to ensure that your boat is adequately prepared to weather the storm safely. Here are some tips from us at Modern Risk Management to help you get ready:  Check the forecast before the storm arrives. Knowing what to expect will help you prepare for the worst.  Secure all loose items on your boat by tying them down or storing them away in secure containers. This will prevent them from damaging your boat or other property during turbulent waters.  Inspect your vessel for any signs of damage and repair anythi ..read more

Warm weather is great for many activities, and if you ride a motorcycle in the Houston, TX area you want to ensure you have the right insurance coverage to protect you. At Modern Risk Management, we can help you get the quality coverage you can rely on with motorcycle insurance options you feel good about. Here’s what to consider to get the best policy for your needs. When you choose a motorcycle policy, you want to be sure you’re protecting what matters most. That includes your bike, but it also includes you and the people you love and support. While there are minimum coverage limits your pol ..read more