Resources and Learning Center
Insurance Resources and Learning Center
Insurance doesn’t have to be confusing. At P&R Insurance Agency, we believe education is the key to making smart coverage decisions. Whether you’re buying a personal auto policy, protecting your business, or planning for your family’s future, understanding how insurance works can save you time, frustration, and money.
This Learning Center is designed to give East Texas families and business owners clear, practical answers to common insurance questions. If you’re unsure about deductibles, liability coverage, premium factors, or policy types, you’re in the right place.
Why We Focus on Education
Most insurance problems arise not because people buy the wrong policy, but because they don’t fully understand what they’re buying. Deductibles, exclusions, coverage limits, and premium calculations can vary widely between carriers.
Our agency takes the time to explain these details during every consultation. We want our clients in Palestine, Athens, Tyler, Jacksonville, Canton, and across East Texas to feel confident—not overwhelmed—when choosing coverage.
This Learning Center reflects that same commitment: clear explanations, no jargon, and information you can use.
Ask the P&R Insurance agency
Frequently Asked Insurance Questions
Below are some of the most common questions we hear from individuals, families, and business owners. These topics are excellent starting points for anyone reviewing their current insurance or exploring new coverage.
A deductible is the amount you agree to pay out of pocket before your insurance policy begins covering a claim. A higher deductible typically means a lower monthly premium, but more out-of-pocket expense if a loss occurs. A lower deductible raises your premium but reduces your financial responsibility in the event of a claim.
Choosing the right deductible involves balancing your budget, risk tolerance, and claim history.
Not always. Some auto insurance policies automatically include rental reimbursement coverage, while others require you to add it. If your car is damaged in a covered accident and you need temporary transportation, rental reimbursement coverage helps pay for a rental vehicle while yours is being repaired. It’s a small add-on that can make a major difference during a claim.
General Liability Insurance protects your business if you cause property damage, bodily injury, or certain types of personal injury during the course of your work.
For example, if an electrician accidentally installs faulty wiring that causes a fire, General Liability coverage would pay for the resulting damage. This type of insurance is essential for tradespeople, small businesses, and professional service providers.
Workers’ Compensation Insurance covers medical expenses and lost wages if an employee is injured on the job. In Texas, coverage requirements vary, but even self-employed contractors can benefit from carrying a policy.
Many general contractors and larger clients require proof of Workers’ Compensation coverage before awarding work. Carrying this coverage can protect your business financially and open doors to more contracts.
Each insurance company uses its own underwriting guidelines and risk assessment formulas to determine premiums. These algorithms weigh factors like age, location, credit, driving history, and claim patterns differently.
That’s why shopping through an independent agency like P&R Insurance is so valuable—we can compare multiple carriers to find the best rate and coverage combination for your situation.
Yes. Even if you’re a sole proprietor or contractor, business insurance protects your income, assets, and reputation. Liability claims can happen even on small projects, and many clients will require proof of coverage.
A tailored business policy can cover general liability, commercial auto, and other essential protections so you can focus on your work without unnecessary risk.
Building Long-Term Knowledge
These are just a few of the questions we address every day. Our team continues to update this Learning Center with new topics and clear explanations so East Texas residents can stay informed as their insurance needs evolve.
Over time, we’ll cover subjects such as:
- The difference between replacement cost and actual cash value
- How umbrella policies work
- The impact of credit scores on premiums
- Tips for filing claims effectively
- Insurance considerations for growing businesses
If you have a question you’d like us to address, contact us and let us know. Chances are, you’re not the only one asking it.
Take the Next Step
Knowledge is power—but it’s only the first step. Once you understand your coverage needs, the next step is working with a local advisor who can help you find the right policy at the right price. That’s where P&R Insurance Agency comes in.