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!

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. 

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!

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. 

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.

 

When it comes to flood insurance, many people ask, "who should get it?" The answer isn’t always cut and dry and depends on several factors. Here are a few things to consider from us at Heydari Financial Group.

For starters, the Federal Emergency Management Agency (FEMA) recommends that anyone living in an area with a high risk of flooding get flood insurance if available. This includes areas near bodies of water like rivers, oceans, and lakes and areas prone to flash floods during heavy rainstorms like Houston, TX. It’s also important to note that this recommendation applies even if your property is not located in an official FEMA-designated floodplain or has never flooded before—flooding can occur anywhere, so having coverage helps protect against potential losses due to all types of flooding.

In addition, homeowners who have taken out a mortgage loan from the federal government or specific private lenders are generally required to carry flood insurance if their property is in an area with a high risk of flooding. Even if your property is not in a high-risk flood zone, you may still be required to purchase coverage if the loan was federally backed or obtained from specific private lenders.

Finally, it’s important to remember that standard homeowner’s insurance policies do not typically cover losses due to flooding. Purchasing separate flood insurance is necessary if you want financial protection against potential damage and loss due to a flood.

Ultimately, everyone should assess their risk factors when deciding whether or not they need flood insurance. If you have any additional questions, call us at Heydari Financial Group today. We proudly serve the Woodland and Houston, TX area.

When you live in an area prone to flooding, it’s important to have flood insurance. Our agents at Heydari Financial Group in Houston, TX are experts in flood insurance and can help you determine if you need it.

Here are a few ways to evaluate your need for flood insurance:

1. Consider The Cost of Repairs

Water damage can lead to floor damage, warped walls, and many other problems. Repairing this damage can be expensive, so it’s important to factor that into your decision. It’s also important to consider that many standard homeowners insurance policies don’t cover flood damage.

2. Know Your Risk Level

There are different risk levels when it comes to flooding, and they’re based on things like your home’s location and the likelihood of a flood in your area. If you live in an area with a high risk of flooding, you’re more likely to need flood insurance than someone who lives in a low-risk area.

3. Understand the Policy Limits

Flood insurance policies have limits, so it’s essential to understand them before you purchase a policy. That way, you’ll know how much coverage you’ll have in the event of a flood. It also helps to know what’s not covered by a flood insurance policy. For example, most policies won’t cover damage from sewage backup or overland flooding.

4. Consider Your Mortgage Company’s Requirements

If you have a mortgage, your lender may require you to have flood insurance. This is especially true if you live in an area with a high risk of flooding. If your lender requires flood insurance, they’ll likely have specific coverage requirements you’ll need to meet.

Secure Your Home with Flood Insurance

If you’re considering flood insurance, our agents at Heydari Financial Group in Houston, TX can help. We’ll work with you to determine if you need it and help you find the right policy for your needs. Contact us today to get started.

Life insurance is something that everyone needs, and few people know much about it. It is not something that never needs to be looked at; rather, it should be reviewed from time to time to ensure that coverage is suitable for this stage of your life. At Heydari Financial Group in Houston, TX, we help our customers ensure they have the coverage right for them. 

When you buy a home

Buying a home will be one of the largest investments you will ever make, and if you have a mortgage, you don’t want to leave your loved ones to have to pay it off. That means having enough life insurance to pay any debt you may have and pay for your final expenses and your mortgage. 

When you change employment

You may have life insurance as part of your employment benefits. Whether or not this will survive a change of employment is up for debate. You need to be prepared to replace it with a policy of your own that you can control. Relying on an employer’s life insurance as your primary safety net is risky at best. 

When you get married

When you get married, you and your spouse should talk to your insurance agent about getting coverage and changing the beneficiary on your policy. You may not need to support your spouse, but you should have a discussion. 

When you start a family

As the size of your family increases, so does your need for life insurance. You need to make sure that your family will be provided for if something happens to take you away from them while the children are still at home. 

Contact Heydari Financial Group in Houston, TX when you are ready to review your life insurance coverage. 

As an entrepreneur, managing risks is part and parcel of the business. Businesses thrive in a risky environment, and only those with better risk mitigation strategies have a high chance of success. Commercial insurance is one sure way of risk management. But how exactly does commercial insurance protect your Houston, TX business? Heydari Financial Group looks at how commercial insurance protects your business.

It covers your assets.

Commercial insurance covers your computers, inventories, furniture, buildings, and other assets from perils like fire, theft, and natural disasters. While commercial insurance doesn’t prevent risks, it lessens your financial burden when catastrophes strike.

It protects your employees.

Your employees are your most valuable assets. You may have great products and technology, but you may not reach your objectives without an appropriate workforce. Since your employees mean a lot to your business, you should throw everything you got to protect them. One way of guarding your employees is by investing in worker’s comp insurance. This coverage covers medical expenses and ongoing care for work-related injuries and illnesses.

It protects you against liability claims.

Regardless of the nature of your business, you can’t eliminate liability claims 100%. Your product can harm someone, a visitor can be injured on your premises, or you could be sued for libel. Given the ubiquitous nature of liabilities, you should cushion your business with commercial insurance.

It keeps you in compliance with the law.

While Texas doesn’t require worker’s comp insurance like most states, you must invest in commercial auto insurance for your business vehicles. Failure to comply with the state’s requirements results in fines and penalties.

Ready to protect your business with commercial insurance? If you are in Houston, TX, and its environs, please contact Heydari Financial Group for an affordable quote.

Flood policies are unlike car or homeowners insurance policies, where you can buy a policy and then sit back and relax. Flood insurance policies are more like an umbrella — you need to keep it close by and be ready to use it at a moment’s notice. 

You will need to purchase the policy before your current policy expires. If you are looking to buy flood insurance for your home, it can take up to 60 days before the policy goes into effect. For inquiries, contact Heydari Financial Group in Houston, TX. 

How to Go About a Flood Insurance Policy 

Before acquiring flood insurance, you must go through the application process, where you give the needed documents. Even if you have the best risk profile and are insuring a brand new home, your policy isn’t guaranteed for approval. 

If you want to change the terms of your policy, you must let your insurer know 30 days before your policy expires. Most flood insurance policies last for 12 months. However, you can purchase policies that last up to 36 months. If you’re interested in purchasing flood insurance, it’s important to know that it doesn’t go into effect immediately. 

Flood insurance requires a waiting period before it kicks in, and most policies have a clause that states they won’t cover flood-related damages. The waiting period for flood insurance is usually 10 to 15 days, but it can be as long as 30 days, depending on the provider. During that time, you have coverage through the Standard Flood Policy, which is provided through the National Flood Insurance Program (NFIP). 

Bottom Line 

Flood insurance policies are usually issued with a 20–30 day waiting period. You can maintain coverage through a private insurer or purchase a flood policy during this time. Most flood policies require homeowners or insurance coverage on your property for at least six months before the policy goes into effect. For help in Houston, TX, reach out to Heydari Financial Group.