Ledford Agency LLC

1910 N Big Spring St
Midland, TX 79705

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Why basic auto insurance may just not be enough

Texas like other states has basic amounts of insurance drivers in the state are required to carry. The basic amount is 30/60/25. $30,000 in injury coverage for one person and a total of $60,000 for all those hurt in a single accident and $25,000 for property damage. At Ledford Agency LLC in Midland, TX, our team is dedicated to helping our clients get the insurance they need. 

Basic auto insurance is just that basic. If it is all you can afford it is adequate but if you have assets, it may not be enough coverage to protect you. Liability insurance protects you from legal actions against you in addition to just the medical and property coverage. If there are multiple injuries, and you are at fault, you could find your assets in real danger. With liability coverage, it is safest to have as much as you can afford. You may even want to think about adding the protection of an umbrella policy. 

If you have a car loan or are leasing your vehicle you will be required to carry comprehensive and collision coverage.

If like most people you need your vehicle as a part of your normal life, having collision and comprehensive coverage is important even if you don’t lease or have a car loan. This coverage is on your vehicle and will protect you from damage due to an accident you cause and from other things you have no control over. If your car is stolen, that is where comprehensive coverage comes in. If your windshield gets a crack, you will be able to have it replaced. If hail damages your vehicle, you can bring it into the shop for repairs. 

If you need auto insurance or have questions about your coverage, contact Ledford Agency LLC in Midland, TX. 

Why Texas Restaurant Owners Need Commercial Insurance

Ledford Agency LLC offers insurance coverage to the Midland, TX community and the surrounding areas. Providing good customer service to our clients is very important. We offer flexible policies to ensure that our clients are protected in emergencies. We are confident that we can help you find the coverage you need.

Texas Restaurant Owners Need Commercial Insurance

Starting a business is a significant investment. As you manage the day-to-day operations of your business, you also have to plan for potential emergencies. If you don’t have the necessary protection, one emergency can put everything you’ve worked for in jeopardy. Commercial insurance protects your business by giving you a support system to rely on if your business suffers a damaging event.

As a local Midland, TX restaurant owner, you supply a great service to the community. However, there are multiple instances where your business may be at risk of potential litigation. Commercial insurance protects your business against property damage, as well as your equipment. You are covered if your business is damaged due to an accidental fire or someone steals your inventory. Workers’ compensation is another important part of the policy. Your business is protected if one of your employees suffers an injury on the job. Workers’ compensation covers your employee’s treatment and rehabilitation to prevent potential litigation.

Liability coverage is the most significant part of the coverage. You’ll be protected if one of your customers slips and falls or alleges that your food made them ill. There are many risks associated with operating a restaurant, which is why liability coverage is so important.

Ledford Agency LLC Will Help You Protect Your Investment

Visit our website to learn more information about commercial insurance.

Why do Midland car owners need auto insurance?

In the Midland, TX area, owning a car is considered a necessity for many people as it will make getting around the community a lot easier. If you are a Midland car owner, you must get proper insurance coverage for your vehicle. Here are a few reasons that the average car owner in this area will need to have an auto insurance plan. 

Auto Insurance will Protect Assets.

A key reason you will need to get an auto insurance plan is to protect your asset. If you are going to buy a car, it will be something that you rely on and want to last for a long time. If you do not have insurance and the vehicle is stolen or damaged, you will need to come out of pocket completely to repair or replace it. Fortunately, you can offset this risk by getting a full insurance plan with both collision and comprehensive coverage.

Insurance is Required

Drivers in Texas also will need to have an insurance plan to stay in full compliance with Texas law. All drivers on public roadways in Texas must maintain auto insurance that at least includes liability protection. Additionally, most car lenders will require that drivers carry auto insurance will collision and comprehensive protection until the loan is repaid. 

Anyone in the Midland, TX area that is looking for an auto insurance plan can benefit by calling the team with the Ledford Agency LLC. When working with the Ledford Agency LLC, you can spend time learning more about your different insurance options. This will help you assess your needs and build a plan that protects you and keeps you in full compliance with all insurance obligations. 

Types of Home Insurance

Moving into a new home marks the start of new-found freedom, a necessary step up for anyone looking to get some independence within the Midland, TX area. But with freedom comes responsibility, a factor that will call for basic comprehension of home insurance. Luckily, Ledford Agency LLC can help with this, with the following coverage options coming in handy for new homeowners and anyone looking to refresh their understanding of home policies.

Content Coverage

If you have ever lost any personal belonging, chances are you understand how expensive some items can get, an aspect that significantly increases when dealing with household items. Content coverage pays for property destruction after vandalism occurs or when you experience electrical or water damage. In addition to this, it also provides reimbursement during a theft.

Dwelling Coverage

Dwelling coverage protects the structure of your house, with the focus being on areas such as ceilings, walls, floors, and built-in appliances. Perils insured under this policy generally include fire, hail, and vandalism.

Liability Coverage

Liability coverage takes care of bodily injury claims and property damage to guests. In instances where the injured party files a lawsuit, liability coverage also helps pay for expenses such as legal fees and any compensation awarded during the trial.

Medical Payments Coverage

If you lack liability coverage, medical payment coverage is another ideal policy to consider getting as it will provide protection when your guests get injured. Items covered by medical payments coverage include hospital bills and other injury-related examinations.

Additional Living Expenses Insurance

When your home becomes uninhabitable due to substantial property damage, getting accommodation elsewhere will be your next option. Additional living expenses insurance pays for your accommodation costs and other expenses arising from your stay in hotels. Note, however, that your living costs are only covered when the cause of damage falls under insured perils.

Please take advantage of Ledford Agency LLC’s home insurance and give us a call today. We also offer reliable services in life insurance, condo insurance, and RV insurance for Midland, TX residents to keep you protected all year long.

Who Gets to Mandate That a Company Carry Commercial Insurance?

If you run a business in Midland, TX, you may already know that there is no legal mandate saying that you need to carry insurance. There are some exceptions, of course. You can’t run a taxi service without insuring your cars, and certain businesses will be required to carry health insurance for their employees. But if you’re selling vintage clothing, it’s up to you whether or not you want to carry commercial insurance.

But it’s not always down to legality. Local, state, and federal lawmakers aren’t the only people who can insist that you carry insurance. Other people who have that power include:

  • Lenders
  • Partners
  • Shareholders
  • Suppliers
  • Distributors
  • Clients
  • Customers
  • Business associations
  • Landlords
  • Employees

Really, anyone you do business with can insist that you carry insurance because anyone can withhold their own participation until you buy a commercial insurance policy.

A landlord who rents you your commercial space, for instance, can insist that you at least carry a liability policy because if someone is injured on your premises and they find out that you’re not insured, they’re probably going to go after your landlord. Clients in service-based industries may insist that you are insured because they don’t want to be left holding the bill for a half-finished project if something goes wrong on your end.

Of course, it’s a good idea to carry commercial insurance even if nobody’s telling you that you need to. If you’re looking to get covered in Midland, TX, call Ledford Agency LLC, or get in touch through the Ledford Agency LLC website and see what they can do for you.

Why should someone in Midland get home insurance?

People that are in the Midland, TX area likely have found that owning a home is a great way to build long-term wealth. If you would like to own a home in this area, you will want to ensure that you always get the right insurance for it. There are a few different reasons that the typical property owner in this area of Texas should get a full home insurance policy for their property. 

Insurance Protects Your Most Valuable Asset

An important reason that you need to have home insurance for your property in Midland is that it is a valuable asset that you need to protect. Buying a home will always be a major purchase and investment. If you get a home insurance policy, you can protect this as it will give you the coverage needed to repair it if there is a situation that results in damage. 

Insurance Offers Liability Protection

You will also need to get home insurance because it will offer you liability protection. Anyone that is going to own property in this area of Texas will want to know that they are covered in the event they are on the wrong side of a liability claim. If you get a full home insurance policy, it will offer you the liability support that is needed to offset this risk and give you the necessary protection.

A home insurance policy is always a good idea for people in the Midland, TX area. When you are ready to start looking for a new home insurance plan, it would be beneficial to call the Ledford Agency LLC. With the Ledford Agency LLC, you will get the guidance needed to understand your risks and how they can be mitigated with a proper insurance plan. 

Does auto insurance cover me or my vehicle

When you own or lease a vehicle, having the best auto insurance you can afford gives you peace of mind. In an ideal world, you would never drive any car but your own, and no one but you would ever drive your vehicle. Unfortunately, you don’t live in an ideal world, and the chances are good that you will drive a different vehicle at one time or another, and someone else will drive yours. Whose insurance provides coverage is a question many people have. When you have insurance questions, Ledford Agency LLC in Midland, TX is here to answer them. We place our customer’s needs first, and you can count on us to be there for you. 

When it comes to auto insurance covering me or my vehicle, the answer is insurance covers your vehicle. If you have drivers in your family who live with you, they should be listed on your auto insurance as a driver. This way, they can drive your car without issue. If you drive someone’s vehicle, their insurance covers you. If, however, you drive a rental vehicle, your insurance may cover you, be sure to check with your carrier. 

If there is someone who might not live with you but who is a regular user of your vehicle or vehicles, such as a caregiver or a nanny, you may also be able to add them to your policy. But in this case, you should check with your insurance carrier to see how they want you to handle this. When someone uses your car with your permission, they are covered by your insurance. If they have an accident, you will have to pay the deductible to get your car repaired. If your car is used without your permission, the driver’s insurance bears responsibility. 

Contact Ledford Agency LLC in Midland, TX for all your insurance needs. 

How Your Business Can Prevent a Data Breach

Many companies, large and small, retain customer information. Whether it is addressed, account numbers, social security numbers, or credit card information, your customers need to know their personal info won’t be leaked or stolen by hackers. The insurance company, Ledford Agency LLC, which serves the Midland, TX area, has agents that can help you with your commercial insurance needs.

Preventing a data breach is a serious concern for businesses operating online. You can do several things to protect your business from a destructive breach that cost you thousands or even millions of dollars, depending on the level of customer impact.

  • Keep only what you need. Purge your files regularly of things you don’t need to be stored on your drives. Shred paper documents that are no longer needed that contain customer information. Erase and discard CDs and portable drives with outdated information.
  • Only use up-to-date security software. Hackers are always trying to break through current security firewalls. Make sure that your software has the latest version to prevent unauthorized access.
  • Use a verification system. Having your employees use multi-factor authentication is a simple way to prevent someone from accessing their employee account. You must provide two or more pieces of evidence before you gain access to the system with multi-factor authentication. Evidence could include the name of your first pet, your favorite movie, or your mother’s maiden name.
  • Restrict internet usage. If your company has an intranet, then only allow access to that system. Prevent access to the internet or unauthorized sites. Give permissions to limited personnel who need supplemental access for their jobs.

Commercial insurance can’t help you prevent a data breach, but it can help you have one. A Midland, TX company, Ledford Agency LLC can offer commercial insurance information in case of a data breach.

5 Instances You Should Discuss Making Changes to Your House with Your Insurance Agent

Your standard homeowner’s insurance can give you basic liability protection for your home and possessions as they are when you are insured. However, life happens, and changes are often made. 

Ledford Agency LLC in Midland, TX can help you with changes in your homeowner’s policy. Our experienced staff has worked with countless homeowners over the years to get the best and most affordable policies to suit our clients’ changing needs.

Contacting Your Agent About Changes to Your Home

If you are considering adding or changing your home in some way, whether, with a bathroom remodel or basement makeover, it is helpful to know what will and will not be covered by your homeowner’s insurance. Some common home and property that affect insurance are:

  • Installing a pool – Pools can have a double effect of adding value while adding liability. Getting more liability coverage will be wise in the event of an accident involving outside parties.
  • Renovating major rooms like the kitchen – These improvements can add a lot of value to a home, especially if high-end fixtures and furnishings are used, increasing insurance needs. 
  • A new roof – This can be a significant project that could save money in the long run. Insurers may give discounts for new roof builds in some cases.
  • Adding a home business office – Depending on how large your home business is or how expensive equipment and assets are, you may need additional coverage beyond what homeowners cover.
  • Expansions and additions – Adding new rooms and spaces to your home tend to increase the value meaning more insurance will likely be needed.

Your Texas Insurance Agency

Doing a home remodel can be a significant investment. It can get costly and detailed. At Ledford Agency LLC in Midland, TX, our agents are here to help. Contact us today to discuss your homeowner’s insurance options.