Teague Insurance Agency is dedicated to serving individuals and companies who turn to us for quality insurance services and risk management advice. With our long history in the industry, comprehensive product knowledge, and personalized attention, we deliver a full-service experience that makes a valuable difference for our clients.

Insurance News

  • Equipment Breakdown Insurance Is Much More than Insurance

    February 6, 2020

    Equipment Breakdown insurance – formerly called Boiler & Machinery insurance – covers much more than boilers and machinery. Insurers introduced boiler and machinery coverage in the mid-1800s to cover valuable steam-powered machinery from explosion or breakdown, and to cover the equipment’s owner from liability for resulting property damage or bodily injury. Today, few businesses use […]

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  • New Insurance Products: Warranty & Indemnity Insurance

    January 23, 2020

    The use of insurance in mergers and acquisitions is on the rise, according to a recent report by Aon. Since 2014, there has been a 35 percent increase in M&A deals where warranty and indemnity (W&I) insurance has been part of the transaction. In a merger or acquisition, the seller makes certain representations and warranties. […]

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  • How to Create a Risk Management Plan

    January 10, 2020

    When we think of risk, the first thing that usually comes to mind is insurance. But insurance is just one component of a sound risk management plan. A risk management plan includes insurance, plus all the other strategies you need for dealing with the risks associated with your business or organization. The following steps outline […]

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  • What Does Surplus Lines Cover and How Do You Buy It?

    December 16, 2019

    Surplus lines insurers handle a broad range of business risks. These are some examples of the types of risk commonly insured by excess and surplus lines insurers: A developer re-building homes and businesses in a hurricane-prone area A new business, especially in an industry that has frequent claims, such as roofers and pawn shops A […]

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