Archive for May, 2013

Troy Johnson Allstate

Troy Johnson has been in the insurance business for over 25 years. After graduating from the University of Texas in 1989 with a Bachelor’s of Arts in Economics and Business, Troy began his insurance career with State Farm. With State Farm, he handled property and casualty claims, and served as an attorney negotiator and settlement facilitator. In 1997, Troy Johnson joined Allstate, where he was an exclusive agent for Allstate Insurance in The Woodlands, TX, focusing on property and casualty, life, and financial services.

In December 2012, Troy started Hometown Insurance Partners, an independent insurance agency, in order to provide more choices to the local customer base. Hometown Insurance Partners has direct contracts with over 50 platinum carriers, allowing them to meet a wider range of customer needs. He understands that not every company Hometown Insurance Partners represents offers the right package for every client, so he prides himself on finding the best companies with the best insurance policies.

Troy is an expert in home, auto, recreational, and life insurance. In his free time he can be found traveling with his wife, hunting, fishing, and playing golf.


Keeping Your Little Angel Safe on the Road

Little Angel


Adding a Child To Your Auto Insurance Policy

As a parent, when you have a teenage child that is ready to get behind the wheel, you want to insure them in a way that works best for you financially. Whether that child will be driving the family vehicle, or a vehicle of their own, it is important that they understand how much responsibility they are being entrusted with. Before ever insuring a child, it is important to make them earn the privilege by teaching them responsibility. If you add your child to your auto insurance policy and they have an accident caused by their negligence, your premium rates will rise.

Teach the child that they need to be responsible while driving and if possible, get them to help pay some of the additional costs associated with adding them to an insurance policy because they will value the insurance coverage more if they have to help pay for it. Make sure to check your child’s driving record frequently and look for speeding tickets and other traffic citations because they increase the perceived risk of the child who is covered on the policy. When the policy comes up for renewal the premium rates will increase if the risk associated with the child has increased.

Young drivers can qualify for discounts based on good grades. They can also receive discounts for having taken driver’s education classes. For a good grades discount, a child must have at least a 3.0 out of 4.0 grade point average. Encourage your child to do well in school, and sign him or her up for driver’s education if possible, because it will save you money in the long run.

It is important for parents to understand that adding their children to their auto insurance policy is a very cost-effective approach to insuring the child. Deciding to buy a single auto insurance policy for a teenager is too expensive for most parents. In some cases, when a child goes to school and lives on campus, a parent can list their child as a secondary driver on their insurance policy. Whenever a parent adds a child to their auto insurance policy, you can be sure that their insurance rates will increase. However, the cost of adding a child to your current automobile insurance plan will be significantly lower than buying a completely separate one.


The Garage and Home Insurance

On average, only about 50 percent of people with garages actually park their cars inside of them. Garages are widely used for storing other things. There is nothing wrong with this, but it could mean that you are missing out on insuring some of those items you keep in the garage. Unlike your car, which is insured on its’ own policy, the rest of the items in your garage should be insured on your home insurance policy. However, for many homeowners, the fact that these items are somewhat out of sight means they are also out of mind when it comes to insurance.

When you are going through the process of establishing the values for your personal property on your home insurance policy, don’t forget items that are in your garage. In some homes, expensive items such as deep freezers, extra refrigerators, and the washer and dryer are kept in the garage. All of these can add up to a lot of value that, if not properly insured, will result in a significant loss in the event of an accident. Anyone who uses their garage as a workshop will undoubtedly have valuable tools and equipment. These types of items should be kept in mind when making decisions on your home insurance.

Once you’ve properly accounted for your personal property in the garage, you need to give some consideration to the garage itself. Depending on whether or not your garage is attached to your home, there can be some different insurance implications. Attached garages are the easiest to insure because they are considered part of your dwelling coverage, which covers your house itself. However, if your garage is not attached, you’ll need to pay a little more attention to how your policy defines dwelling extensions. In most cases, the policy will cover other structures as long as they are physically on your property. If, however, your garage is not permanently attached to your property, it will likely not be covered. For example, if you are using a portable shed-type structure to house your car and personal property, that structure is not considered to be an “other structure” as defined on the policy. You need to also keep in mind that if you use your other structure for any business purpose, it will be automatically excluded from the policy. While the use might seem very incidental, the effect can be significant. Before you do anything that can be considered a business use, read through your policy. Your garage is an important part of your home and lifestyle. Make sure you don’t forget about it when it comes to your insurance policy.