Your Insurance Questions—Answered Clearly & Confidently
At Denman & Associates Insurance, we believe informed clients make the best decisions. This FAQ page brings together the most common questions across our four core insurance services — Homeowners, Auto, Commercial, and Life — to help you understand your coverage, options, and next steps.
Browse the categories below for quick, straightforward answers.
Homeowners Insurance FAQs
Homeowners insurance usually includes coverage for your home's structure, personal belongings, liability protection, and additional living expenses if your home becomes uninhabitable due to a covered loss such as fire, theft, or storm damage.
Standard policies do not cover floods or earthquakes. These require separate or optional add-on policies. Our advisors can help determine if you need these based on your location.
Ideally, you should have enough dwelling coverage to rebuild your home at current construction costs. We evaluate local pricing, home features, and replacement value to recommend the right amount.
- Actual Cash Value (ACV): reimburses you for the item's depreciated value.
- Replacement Cost: covers the cost to replace the item with a new one.
Items such as jewelry, art, firearms, and collectibles may be subject to limits. You can schedule valuable items for full coverage through a policy endorsement.
Auto Insurance FAQs
Minimum liability coverage is required across TX, CO, OK, and AR, but the exact limits vary. We ensure your policy meets state laws and aligns with your personal protection needs.
Rates are based on your driving history, age, location, vehicle type, coverage selections, claims history, and sometimes credit usage (depending on the state).
- Collision: covers vehicle damage from accidents involving other cars or objects.
- Comprehensive: covers non-collision events such as theft, vandalism, hail, and animal strikes.
Yes — it protects you financially if you're hit by a driver with no insurance or insufficient coverage. We strongly recommend it for all drivers.
Yes. Discounts may apply for bundling policies, safe driver history, vehicle safety features, defensive driving courses, and more. We help you explore all available discount options.
Commercial Insurance FAQs
We support small businesses, contractors, professional services, retail stores, real estate operations, nonprofits, and more across TX, CO, OK & AR.
Absolutely. Even small businesses face risks like lawsuits, property damage, employee injuries, and data breaches. At a minimum, most businesses need general liability and property insurance — or a Business Owners Policy (BOP).
A BOP typically combines:
- General Liability Insurance
- Commercial Property Insurance
It's a cost-effective way for small businesses to get essential coverage under a single policy.
It depends on your state and business type. Workers' compensation typically covers medical expenses and lost wages for injured employees. We can determine your state requirements and help you stay compliant.
If your business provides advice, consulting, design, or professional services, then yes. E&O protects you from claims of negligence, errors, or failure to deliver services as promised.
Yes. We offer specialized insurance packages for contractors, including general liability, tools & equipment coverage, commercial auto, and workers' comp.
Life Insurance FAQs
- Term Life: affordable coverage for a set period (10–30 years).
- Whole Life: lifetime coverage with a cash value component that grows over time.
Each option fits different financial goals — we help you choose the right fit.
A common rule of thumb is 10–15 times your annual income, but your mortgage, debts, number of dependents, and financial goals all play a role. Our advisors can calculate a personalized amount.
Yes. Permanent policies, such as whole or universal life, can build cash value over time and may serve as part of a broader financial strategy.
Final expense insurance provides funds for funeral costs, medical bills, and outstanding debts. It is typically affordable and designed to give families financial peace during difficult times.
Some policies require a medical exam, especially for higher coverage amounts. However, no-exam life insurance options are available depending on age, health, and policy type.
Still Have Questions? We're Here to Help.
Insurance doesn't have to be confusing. Whether you're reviewing your policies or buying coverage for the first time, our knowledgeable team is ready to guide you with clarity and confidence.
Serving individuals, families, and businesses across Texas, Colorado, Oklahoma & Arkansas.