How To Increase The Value of Your Classic Car

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Classic cars are often considered a type of investment. Classic vehicles have the potential to appreciate over time when they are restored and cared for properly. Here at Collum Insurance Group LLC, serving Richardson, TX and the surrounding areas, we want to help you get the most out of your classic car investment.

Here’s how to increase the value of your classic car:

Quality Restorations

If you purchase a classic car that needs to be restored, the way you handle the restoration will have a huge impact on the overall value of the car. This is the investment you make. You want to make sure that you are having quality work done on the car in order to get the most on your investment. Just like with all other types of car repairs or work, not everyone provides quality service. Be sure to talk with others who have already gone through the restoration process to learn about quality restoration providers in your area. 

Impeccable Maintenance 

In addition to quality restoration, you will also want to make sure that maintenance on the vehicle is always top-notch. Classic vehicles often need specialized maintenance treatment in order to keep antique parts working properly. It is in your best interest to always deal with professionals who are specifically skilled in classic car maintenance. This will ensure you are receiving quality services and reducing the risks of damage to your vehicle. 

Ideal Storage Conditions

It is also very important that your classic vehicle is stored properly. If you do not have proper storage on your own property, you might want to consider having it professionally stored. 

Give Us A Call

If you would like to learn more about classic car insurance, please contact us at Collum Insurance Group LLC serving Richardson, TX and the surrounding areas. 

Should All Roommates Hold Their Own Renter’s Insurance Policy?

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At Collum Insurance Group LLC in Richardson, TX, we help renters and homeowners navigate insurance coverage and policies. Some of our clients are renters who live with roommates. For these folks, a common question that comes up is whether all roommates in a household should have their own renter’s insurance. While you may be tempted to save some money by having a renter’s insurance policy for the household, there are some key benefits to reconsidering this idea.

Should All Roommates Hold Their Own Renter’s Insurance Policy?

If you are renting a house or apartment with roommates, it would most likely be in your best interest for all roommates to hold their own policy. This is important for several reasons. First of all, if you are all on the same rental insurance policy, you will all be responsible for claims filed on the policy. Even if you don’t room with these housemates again, you’ll have this claim on your record for seven years. This can drive your premiums higher when you get your next renter’s insurance policy. 

When you are rooming with someone you don’t know well, it’s crucial to have your own renter’s insurance policy. Otherwise, you might end up uninsured if your roommate doesn’t prioritize the renter’s insurance payments. Having your own renter’s insurance policy also allows you to choose the policy that works best for your needs. The only situation in which it might make more sense to share a renter’s insurance policy is if you and your roommate are in it for the long haul and you share valuable furniture items.

To see how we can help you and your roommate(s) get the renter’s insurance you need, call our office at Collum Insurance Group LLC in Richardson, TX today!

Get Your RV Road Ready For Spring 2023

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As the days get longer and the temperatures rise, it’s time to take your RV out of hibernation and hit the open road. Before you set off on your next trip, ensure you get your RV road ready for spring 2023 in Richardson TX. Whether you’re new to RVing or have been a fan for years, there are some critical steps to take before starting your journey.

RV Safety Tips

Maintenance and Repairs 

The most important step when getting your RV road ready is ensuring it’s in good condition mechanically and aesthetically. Inspect your vehicle thoroughly to identify any mechanical issues that need repair. Ensure all hoses, belts, and filters are replaced so everything runs smoothly. Finally, check all the lights inside and outside the vehicle to ensure they’re working correctly—you don’t want to be caught with faulty headlights! 

Consider Upgrading Your Equipment 

Take this opportunity to review any equipment upgrades or replacements you may need before taking off on your next adventure. This could include kitchenware, bedding, or even entertainment systems. If you plan on traveling extensively over long distances, now might be a good time to invest in larger fuel tanks or additional batteries for charging devices like phones or laptops while on the go! 

Review Your RV Coverage 

Finally, make sure that you review your coverage for both liability and physical damage insurance before hitting the open road again this spring. Collum Insurance Group LLC can help review what kind of coverage is right for you and help provide peace of mind while exploring Richardson, TX and beyond. 

Reach Out To Us

Ensure all maintenance checks have been completed and upgraded equipment installed before setting off on an exciting new adventure this year! Don’t forget about reviewing RV coverage—Collum Insurance Group LLC is ready to help with RV insurance in Richardson, TX and surrounding areas.

How Do You Make Sure Your Customized Motorcycle is Properly Covered?

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Here at Collum Insurance Group LLC in Richardson, TX, we know that good communication helps ensure that you’re properly covered.

Let Us Know About Your Motorcycle Customizations

Communication is especially important with customized motorcycles, where the value may not correspond to the standard value assumed by insurance professionals for that make, model, and year. You may also encounter specific requirements when obtaining a title for or registering the motorcycle in Texas, depending on the extent of the customizations.

Once it’s more your creation than the manufacturer’s, legal requirements may change considerably. We encourage you to let us know about enhancements to the stock equipment on your motorcycle, and if you’re doing a lot of custom work, let’s talk about planning the right coverage.

Make Sure the Documentation is Right

The insurance companies we work with have specific requirements for documenting customizations and other changes that affect the value of your insured motorcycle. It’s important to make sure you’re meeting those requirements ahead of time, so that any claims go smoothly. Keeping records or photographs for your own use needs to be complemented by talking with us to establish the right coverage for your enhancements.

If You Need to Make a Claim

How do insurance companies handle a total loss of a custom motorcycle or damage to custom parts and equipment? At Collum Insurance Group LLC in Richardson, TX, we can help you get the right coverage for custom parts and accessories. We know you’re proud of your ride, and hopefully, you’ll enjoy it without incident.

By insuring with us and letting us know about your unique motorcycle insurance needs, we can help you enjoy your time on the road with fewer worries about damage. Call our insurance team today!

Why do you need to have boat insurance in Texas?

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In the Richardson, TX area, the warm weather that exists for much of the year will make someone want to find a way to beat the heat. A great way that you can cool off and have fun this summer is by investing in your own boat. Along with a boat purchase, you also need to carefully evaluate all of your boat insurance options.

You will need this coverage for various reasons. 

Financial Support

An important reason for you to have a boat insurance plan is so you can receive helpful financial support. If you have a boat, you will want your investment in it to be protected, and boat insurance is the best way to do this. With the right boat insurance policy, you will have support to replace or repair your boat if it is stolen or damaged. Further, you will have financial protection if you are found to be at fault in an accident, which could come with hefty liability costs. 

Insurance Often Required

It would also be helpful to have boat insurance because it could be required. If you are going to use a boat on certain lakes or in some marinas, you could be required to have insurance. Further, any lender that provides loans to buy boats will want you to have an insurance policy to help cover and protect their loan collateral.

Give Us A Call

Choosing boat insurance is very important for anyone in the Richardson, TX area. When you are shopping for a new plan for your boat, it would be helpful to call Collum Insurance Group LLC. There are a lot of choices to make when looking for coverage, and Collum Insurance Group LLC can offer any support you need to build a plan. 

Tips to care for your motorhome

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Collum Insurance Group LLC, serving the greater Richardson, TX community, is here to assist with all your insurance needs, including coverage for your motorhome. If you own a motorhome, then you know how important it is to properly care for your vehicle so that it can provide you with many years of safe and reliable use.

Below are some tips on how to best take care of your motorhome:

1. Clean and wax the exterior on a regular basis.

Washing your motorhome will help remove dirt and debris from the body, and cleaning and waxing regularly will help protect the paint from rust or chipping. Depending on the climate in which you live, you may need to do this more or less frequently – for example, if you live in an area with snow and salt during winter months, then more frequent waxing may be needed to prevent rust buildup on the body.

2. Inspect the interior on a regular basis.

It is important to check over the interior of your motorhome regularly to catch any issues with wear or damage as soon as possible. This can be done by checking things like the condition of furniture, mattress, and curtains; inspecting body panels and trim for dents, scratches, or other signs of damage; and looking under seats and in storage areas to make sure there are no pests or rodents nesting inside.

3. Monitor the engine on a regular basis.

One key component of taking care of your motorhome is making sure that the engine is functioning correctly at all times. You may need to bring it in for routine maintenance checks every few months, depending on how often you use it and how many miles you drive each year.

Get Motorhome Insurance Today

If you have any questions about how to care for your motorhome, give Collum Insurance Group LLC a call today. We proudly serve the Richardson, TX area. 

What Does RV Insurance Cover in Texas?

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RVs are a type of recreational vehicle that is often described as "campers on steroids." Today’s RVs are typically much larger and more spacious than cars, making them great for long-term travel or hosting large gatherings. Texas RVers use RVs for camping, fishing, adventuring, or even just hanging out in their backyards. RVs come in all shapes and sizes, so it’s important to do your research before making an RV insurance purchase.

We at Collin Insurance can provide you with comprehensive RV insurance coverage options that meet your needs.

What Does RV Insurance Typically Cover?

When you purchase RV insurance in Texas, you’re typically covered for things like damage to your RV or theft.

Coverage can also include compressive or collision coverage that helps RV owners mitigate losses that occur while their RV is in transit, or when it’s towed or driven away without authorization.

Additionally, many policies provide protection against natural disasters that might affect your home on wheels.

How Much Does RV Insurance Cost?

The cost of RV insurance will vary based on several factors including the RV class, size, and type of RV. Full-timers who live in their RV year-round may have additional coverage requirements in the State of Texas.

An experienced insurance agent at Collum Insurance Group LLC in Richardson, TX can advise full-time RVers and RV camping enthusiasts about the best rates and RV coverage for Class A, B, and C recreational vehicles.

Find The Best RV Insurance in Texas

Collum Insurance Group specializes in offering the best RV coverage and RV insurance rates in Richardson, TX.

Contact our team to learn about the best insurance coverage options for campers, RVs, and pull-behind trailers in Texas.

Don’t skimp on liability protection when choosing a motorcycle policy

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Collum Insurance Group LLC is proud to serve the insurance needs of motorcycle owners in the greater Richardson, TX area. If you have questions about which policy is right for your needs, we are here to help. Give us a call or come by our office to find out more about the motorcycle policy options that are available in our area.

Why liability protection is so important for motorcycle owners

When it comes to motorized vehicles, motorcycles are among the most dangerous. This doesn’t mean that they don’t also provide a lot of enjoyment and aren’t a good means of transportation. However, it is a reality that needs to be considered when selecting a motorcycle insurance policy.

Liability protection is very important for motorcycle owners. It’s important to find a policy that provides adequate collision, medical expense, and liability protection. All of these three factors can help you protect yourself and your financial health in the event of an accident. 

If you are involved in an accident, you may be held liable for property loss or damage as well as any injuries that may occur as a result of the accident. When you have adequate protection, you will be able to shield yourself from financial loss. Find out more today about this important insurance type. 

Let’s talk about motorcycle insurance today!

If you live in the Richardson, TX area and own a motorcycle, you may have questions about insurance. Our team of insurance experts at Collum Insurance Group LLC is here to help answer them. We can help you find the right policy for your needs and ensure that you have the coverage you want. Contact our office today and learn more about the different motorcycle policies that are available in our area. 

How to Maintain Your Boat: 3 Easy Tips

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If you’re one of the many people who own a boat, you know that they require quite a bit of upkeep. Luckily, maintaining your boat doesn’t have to be a difficult task. With a little effort and the right supplies, you can keep your boat in excellent condition all season long. Consult with Collum Insurance Group LLC  in Richardson, TX for expert insurance advice, including boat coverage. 

Here are three easy tips to help maintain your vessel:

Tip #1: Cleaning Your Boat

Assuming you have a small boat, you can clean it by taking it out of the water and scrubbing the hull with a brush. You can also use a hose to spray down the inside and outside of the boat. Be sure to clean the engine and all of the nooks and crannies!

Tip #2: Checking and Servicing Your Boat’s Engine

Assuming you have a gasoline engine, step one is to check the oil level. Remove the dipstick, wipe it clean with the engine, and cool. Reinsert the dipstick and remove it again to check the oil level. The oil should be between the two marks on the dipstick. If it’s low, add oil until it reaches the full mark.

Next, check the coolant level. Remove the radiator cap and look at the coolant level with the engine off and cool. It should be at or near the top of the radiator. If it’s low, add a 50/50 mix of water and coolant until it reaches the proper level.

Tip #3: Treat The Floor and Upholstery of Your Boat Regularly

To clean the floor and upholstery of your boat, you will need to vacuum and shampoo the area. You may also need to scrub the floor with a brush to remove any dirt or stains. Use an upholstery conditioner and protector to seal it against wear and tear.

Get Boat Insurance Today

Collum Insurance Group LLC is a Richardson, TX company specializing in different insurance coverages, including boat insurance. We offer a variety of coverage options to meet your needs and budget. Give us a call today to get a quote.

Protect your company from liability exposure with an umbrella policy

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Collum Insurance Group LLC is proud to work with the greater Richardson, TX area business community. We strive to provide our clients with the information they need to make informed decisions when it comes to commercial insurance. Now is a great time for you to get to know us!

Benefits of umbrella insurance for your company

The main benefit of umbrella insurance is that it protects your company from liability exposure. This is an incredibly important insurance type to carry, especially if your firm operates in an industry that is highly litigious. 

With an umbrella policy, you will enjoy excess protection in the event that your primary commercial policy is maxed out. For example, if you are responsible for financial damages and the amount exceeds that provided by your primary policy, the umbrella policy will come into play. 

This type of protection provides liability protection that can help both the company itself as well as its principals. There are a number of different corporate structures that allow claimants to go after the owners of a firm if they do not have sufficient insurance protection.

When you have the foresight to have a commercial umbrella insurance policy in place, the assets of the company will be protected. And, depending on how the business is structured, principals can be protected too. 

It’s time for your company to have umbrella protection

Richardson, TX area business owners and operators turn to Collum Insurance Group LLC for their commercial insurance needs. If your growing company needs more liability protection, it’s time to consider an umbrella insurance policy. Schedule an appointment with us today and learn more about the umbrella insurance policy options that are available in our area. We look forward to working with you!