What is Private Flood Insurance and How Can It Be Helpful?

At Heydari Financial Group, we can guide you through your flood insurance options and provide choices that give you the flexibility you need. In addition to National Flood Insurance Program (NFIP) coverage, private insurers offer flood insurance in Houston, TX. You may have questions about selecting or combining coverage between NFIP and private policies. You’ll also want to know about elevation certificates, flood zones, 100-year floodplain maps, and other information about your flooding risk. It’s not only helpful in obtaining excellent insurance coverage but also for anticipating problems on your property. You might install multiple sump pumps, have landscaping done a specific way, or build with flood possibilities in mind.

When Flooding is Fairly Common, Flood Insurance is Critical

Customers of Heydari Financial Group know that we take the risk of flooding in the Houston, TX area seriously. As residents of the area, we understand that you need affordable coverage you can count on. Private flood insurance can help in several ways, including offering premium costs that may be lower than NFIP options. Insurers may also enhance the coverage to meet other concerns that occur during flooding, so you have less to worry about if flooding does occur. With private flood insurance, waiting periods for coverage to start and coverage limits may also be more flexible. We can help you with peace of mind in so many ways through insurance, and flood insurance is one of the most critical!

Don’t Wait to Purchase Flood Insurance

Since there are waiting periods, documentation processes, and other requirements of flood insurance that take time, it’s important to act long before the storm clouds gather that could bring flooding. Call our licensed agents, and let’s talk today!

Four things that may surprise you when it comes to life insurance

If you have dependents relying on you for financial support, you need to have life insurance. At Heydari Financial Group, we provide life insurance to consumers in Houston, TX.

The following are four things that may surprise you regarding life insurance. 

Seniors can get life insurance.

Some people think that only consumers who are young and healthy can qualify for life insurance. However, this is not always the case. You may be able to take out a life insurance policy even if you are a senior citizen. 

Life insurance policies can be designed for handling end-of-life expenses.

It would be best if you didn’t assume that life insurance is only for young parents who want to protect the financial future of their children.

Many consumers who purchase life insurance don’t have dependents they need to support. Life insurance is often purchased by consumers who only want to cover their end-of-life expenses when they pass away. 

Life insurance policies can offer great benefits when it comes to accumulating savings.

A life insurance policy is not only about a death benefit payment. Whole and universal life insurance policies accumulate cash value over time so that they offer a savings component in addition to a death benefit. 

Life insurance policies can offer immediate payment after an approved claim is filed.

Consumers sometimes think that investing in life insurance is not worthwhile because they believe that it will take forever for their beneficiaries to receive a death benefit. 

The truth is that, in most cases, life insurance policies pay out a death benefit surprisingly quickly after a claim is filed. 

You can learn more about life insurance options in Houston, TX, by getting in touch with us at Heydari Financial Group. Call us now for a quote on a life insurance policy. 

Commercial Insurance Requirements in Texas

If you are a Texas business owner, our agents at the Heydari Financial Group serving the Houston, TX area want you to understand the importance of having a commercial insurance policy. Also known as a business insurance policy, commercial insurance offers you the protection and peace of mind you need and deserve for your business, which is your livelihood.

Commercial Insurance Requirements in Texas

Commercial Auto Liability Insurance

This type of insurance is required for all Texas businesses that own or use vehicles for business purposes. Auto Liability Insurance will come in handy if the driver has an accident deemed their fault. It will help cover any injuries or property damage resulting from an accident.

General Liability Insurance

This type of insurance is imperative for all business owners to have in place since we never know when a tragic incident will occur. This type of insurance will help you pay the medical bills or legal fees associated with someone injured at your business.

Commercial Property Insurance

This type of insurance is also very important for all business owners. This will help you replace inventory and repair your building if a natural disaster or fire occurs. It can also help if someone vandalizes your business or steals items.

Other Types of Commercial Insurance

Other types of commercial insurance include workers’ compensation, professional liability, product liability, cyber liability, and several others.

Call Heydari Financial Group for a Quote!

Call upon our experienced and trustworthy agents at the Heydari Financial Group serving the Houston, TX area today to get your policy started!

End-of-Summer Home Preparedness Tips

As mid-summer turns the corner and heads towards shorter days and cooler temperatures, it’s a great time to prepare your home for the changing weather conditions brought by the approach of the fall and winter seasons. For those who live in the Houston, TX area, the Heydari Financial Group offers these end-of-summer home preparedness tips:

Perform Routine HVAC Maintenance

In addition to changing the HVAC’s air filters, it is essential to have the HVAC system professionally inspected. This ensures it’s ready to keep your family warm during the upcoming cooler months.

Inspect the Roof & Clean/Maintain Gutters

Before autumn rains hit, check for damaged/missing roof shingles. Clear debris and fallen leaves from the home’s gutters to prevent drainage clogs.  

Check the Windows, Doors & Exterior Foundation

Make sure the doors and windows have a proper seal, which may require that you replace worn weatherstripping. Also, inspect the exterior’s foundation for cracks that need sealing to prevent heat from escaping needlessly.

Test Smoke/Carbon Monoxide Detectors

In addition to replacing batteries, test each device to ensure it works correctly.

Trim Trees & Shrubs

Trimming exterior bushes/trees helps prevent potential damage to your home during strong autumn storms.

Inspect and clean the Dryer Vent.

A dry vent clogged with lint can become a fire hazard. Keeping the vent clean allows the machine to function more efficiently.

By completing the above suggestions, you’ll be significantly better prepared for the changing weather patterns and ready for emergencies.  

Review Your Home Insurance with a Licensed Professional at the Heydari Financial Group

If you live in the greater Houston, TX area, and would like information on how a home insurance policy can help protect your family, home, and other assets, contact the insurance professionals at Heydari Financial Group at 713-953-0404 and online.

Demystifying Auto Insurance: A Comprehensive Guide to Understanding Coverage and Policies

If you’re in Houston, TX, and looking for auto insurance, Heydari Financial Group is here to help. But what kind of coverage is best for your situation, and which policy suits your needs? It all depends on what you’re looking for, the kind of vehicle you have, and other factors, including state requirements for vehicle coverage. Fortunately, working with a professional agent can help you find the right policy so that you can have good coverage and plenty of peace of mind.

Liability coverage is the most basic level of coverage, and it’s designed to help the driver and passengers in the event of an accident. It also helps protect the driver and passengers in the other vehicle and has some coverage for damage to property. This coverage often isn’t enough, though, and many drivers choose limits that are higher than the minimum required, along with other types of coverage on their policies.

Comprehensive coverage is another kind that typically protects fire, theft, glass breakage, and other issues that aren’t part of a basic liability policy. While it’s not required on vehicles that aren’t financed, it could be a good idea to have the added protection. That’s also true of collision coverage, which protects your vehicle and the other car if you’re in an accident.

Contact us today at Heydari Financial Group if you need auto insurance in the Houston, TX area. Our trusted agents understand that you may have questions about your insurance coverage and the type of policy you need or want. With that in mind, we can work with you on finding the perfect policy for your needs to protect you and your vehicle for the long term.

Tips to prepare your house for a storm

As the storm season rapidly approaches here in the Houston, TX area, it’s important to take the necessary steps to prepare your home for a storm. Storms can bring high winds, heavy rains, lightning, and floods – all of which can cause significant damage and destruction to your property. To help you prepare for the worst, here are some tips from us at Heydari Financial Group you should consider:

  1. Secure all outdoor furniture and decorations. High winds can easily blow away or destroy items that are not adequately secured. Secure patio furniture, beach umbrellas, potted plants, and other outdoor items inside or in a safe location outside your home. 
  2. Clear your gutters and drains of debris. Clogged gutters and drains can lead to flooding during heavy rainstorms, so ensure they are clear before the weather turns bad. 
  3. Trim trees & shrubs around your home’s exterior. Loose branches could become projectiles in strong winds, so trim them before a storm hits your area. 
  4. Check the structural integrity of your roof & windows. Check for any loose shingles or cracks around windows or doors that could allow water into your home when a storm happens. If there is any damage, contact a professional promptly to get it fixed before the worse occurs! 
  5. Prepare an emergency kit with supplies such as food, water, flashlights & batteries, cash/credit cards, etc. It’s always best to be prepared for anything, so make sure to have an emergency kit ready with all the essential items you might need in case of an emergency situation that arises from inclement weather conditions. 

For more tips, give us at Heydari Financial Group a call today. We serve the Houston, TX area.

Life insurance FAQs

When you are reviewing the life insurance coverage that you have, you probably have questions. It would be best to have an insurance agent you could trust to guide you and make suggestions that make sense to you. In Houston, TX, you can count on our team at Heydari Financial to provide exceptional service and expertise to help you to protect your dependents. 

When should I start buying life insurance?

Life insurance is at its most affordable when you are young and healthy. If you have no debt or dependents, you don’t need to buy term life insurance when you are young. It is an ideal time to start with whole life insurance or an annuity to begin a financial plan for the future,  

If I get life insurance at work, do I need to buy more?

It is essential to provide for your dependents if you have them. What will happen if you change jobs? What happens if the business goes bust? Life insurance is too important to leave it totally in the hands of your employer. You need to ensure you have the correct amount of coverage and control it. Think of your work life insurance as a supplement to your own life insurance.

How do I figure out how much life insurance I need?

How much life insurance you need is determined by several factors:

  • How much money do you earn?
  • The number of dependents you have
  • The age of the dependents

If your dependents are young children, you will need to provide for more years of support than if they are almost grown. If your partner can support themselves and maintain the home, that will also affect the figure. Talk to your insurance agent to get the right figure for you. 

Our experienced independent insurance agents at Heydari Financial Group in Houston, TX are here to help you with all your life insurance needs. 

Top Three Employee Retention Methods

If you are an employer, you need to be concerned about employee retention. Even more important than employee recruitment, retention is one way to ensure your company’s health for years to come. At Heydari Financial Group, we want to help employers in Houston, TX, and the surrounding areas, build strong and thriving businesses. Keep reading to learn about the top three employee retention methods. 

Effective Onboarding

The onboarding process should be effective and informative. This phase of the hiring process should set your new employees up for success. This should be a positive experience and a time for practical information sharing. Employers should make an effort to minimize any unpleasant surprises by being transparent and positive during the onboarding process. 

Mentorship

Having a new employee pair up with a more seasoned team member can be a great way to start team-building right out of the gate for new hires. One-on-one mentorship is a great way for new employees to get a behind-the-scenes idea of what to expect and how to succeed in their new role. 

Truly Competitive Compensation 

If you want the best employees and you want them to stick around, you need to give them something they can’t find anywhere else. Your number one area of investment should be in competitive compensation and benefits for your employees. The bottom line for most people will always be they are walking away every week in exchange for their time. Make it worth their while. 

To learn about commercial insurance, please get in touch with us at Heydari Financial Group serving Houston, TX, and the surrounding areas. We will be happy to answer your questions.

 

How does home insurance work in shared living arrangements?

Sharing Space Takes More Than a Handshake

Inviting a friend to be your roommate or sharing the expenses with someone to keep the stresses of today’s economy a bit lower can be exciting. When your relationship progresses to a certain point, you might also want to live with your partner and share your home together. One important consideration that’s worth discussing upfront is how personal property, your home, and liability, among other areas, are covered by your home insurance. At Heydari Financial Group in Houston, TX, we’re here to help with insurance for your choices in life.

Defining What’s Covered by Your Home Insurance is Important

With home insurance, the premium is calculated based on what’s being covered, so that needs to be well-defined. In most cases in Texas, insurance companies expect to cover a limited range of people in your home, including blood relatives, married partners, adopted family members, and not much more. Spontaneous arrangements and written agreements about living together don’t change that; you have to take action and contact Heydari Financial Group, your insurance agent in Houston, TX, to make coverage official. We’ll ensure that insurance protects you and your partner, friend, or tenant as it should.

Protect Yourself Wisely When Sharing Space

Well-defined coverage applies when renting the property instead of owning it. In Texas, each roommate should have their own insurance, protecting them against losses and liabilities. Whenever you’re in a shared living arrangement, it’s essential to check with our insurance specialists and make sure everyone is adequately covered and protected. It provides you with peace of mind and can even help ensure that your relationship, friendship, or other connection stays solid without controversy.

Safe driving tips for new drivers

New drivers may be understandably nervous while they adjust to the rules of the road and get comfortable behind the wheel here in the Houston, TX area and around the country. To help people master driving safety, here are a few tips from us at Heydari Financial Group: 

  1. Make sure you’re familiar with all local traffic laws. You’ll need to know what signs mean, how fast you can go in certain areas, and other information that may be specific to your area. 
  2. Be aware of your surroundings at all times by watching for pedestrians, bicyclists, other vehicles, animals, and anything else that could present a potential hazard on the road. 
  3. Always use your turn signals when changing lanes or turning at an intersection, and check your rear-view mirror every time before doing so. 
  4. Don’t speed – not only will this put yourself and others at risk, but it could also lead to hefty fines! Stick to the posted speed limit whenever possible. 
  5. Never drive distracted – this means no texting or talking on the phone while driving (if it’s allowed in your state). Eat meals or snacks before or after your drive, if possible, so that you can keep both hands on the wheel and remain focused on the task of driving safely. 

By following these tips, new drivers can feel more confident as they navigate their way around town safely and responsibly! For more tips on staying safe behind the wheel, call us at Heydari Financial Group today. We proudly serve the Houston, TX area and would gladly help.