Allied Insurance and Financial Services
8403 WestGlen Dr, Ste A1321
Houston, TX 77063

Fax: 832-369-1733



Do you have any questions about Allied Insurance & Financial Services as a company? Are you confused about the differences between types of insurances? Did we use a term on our website that confused you? Check out answers to our most frequently asked questions below. Contact us with any additional questions or to receive a free, personalized quote!


  • Q: What types of questions will I have to answer when applying for an insurance policy? Why do you need so much information?

A: Expect to answer generic questions about your name, gender, age, and address. Depending on the type of policy, you may also be asked about your driving history, medical history, or the value of your home. The volume of questions is used to predict how likely you would be to make a claim, which will affect the cost of your premium. All of the information collected will be taken into consideration to try and provide you with a fair price for the benefits you want.


  • Q:Why should I purchase insurance through an agent?

A: At Allied Insurance & Financial Services, we employ agents to provide you with more personal service and attention. Having direct contact with an expert who can answer any questions you may have is very comforting when purchasing a policy. Our local agents offer individualized service and quality insurance options.


  • Q: My car is very old and has a low market value. Why do I still need to purchase auto insurance?

A: In the state of Texas, you are required by law to have at least liability insurance in order to drive a vehicle. The law is in place to protect victims of car accidents who would receive no compensation if the at-fault party had no car insurance.

If your older car were to be totaled in an accident, your insurance policy may provide you with a check. This check will cover the cost of the car if the cost of the damages exceed the value of your car.


  • Q: What does collision physical coverage mean, and how does it differ from comprehensive physical damage?

A: Collision coverage protects you if your car collides with another automobile or an object, particularly when you are at fault.

Comprehensive coverage, on the other hand, protects you from the above and from other physical damages such as theft or damage from a hailstorm.


  • Q: How is the cost of my auto insurance decided?

A: A variety of factors can affect the cost, some bearing greater weight than others. These may include:

  • The car you drive (make, model, year, cost, safety features, etc…)
  • Your driving record
  • Where you live
  • What you use the car for (including your distance to/from work or how many days a week you drive)

Other factors, such as your age and gender, can also affect the cost of your policy.


  • Q: How can I lower the cost of my home insurance policy?

A: Make sure to ask about any discounts that you may be qualified for when shopping around for policies. Added security features, like deadbolts or home security systems, may help your premium decrease. Also, consider increasing your deductible. Agreeing to pay a little more out of pocket in the event of an insurance claim can help lower your overall costs.


  • Q: What would my homeowners insurance policy cover?

A: Your policy will likely cover both your property/house itself and provide liability coverage for you and any family members living with you.

  • Q: What is “actual cash value” and how does it differ from “replacement cost”?

A: When something in your home is damaged or stolen, you may be entitled to replacement through your homeowners policy. You can be reimbursed through “actual cash value” or “replacement cost,” depending on your policy’s terms.

Actual cash value takes depreciation into consideration. If you bought a couch 5 years ago, you would be paid the amount that couch would be worth today (if you were to sell it online or at a yard sale), not what you paid for it.

Replacement cost is the amount it would cost to replace the item with an exact copy or one of similar quality and type.


  • Q: How will my personal property be covered in a homeowners insurance policy?

A: Most of your personal property may be covered no matter where it is in the world. Even if something you purchased has not even made it into your home yet, it can still be covered while in transit.


  • Q: How much life insurance do I need?

A: Many people suggest that your policy should cover 6-8 times your annual earnings. However, it is not always that cut-and-dry. You’ll need to consider how many dependants will be covered and how much Social Security benefits you may be entitled to—among other factors.

Contact one of our agents for assistance calculating the right amount of life insurance. We can advise you to make sure you do not pay too much or are left with not enough coverage.


  • Q: Can I use an existing life insurance policy to help repay an outstanding mortgage loan?

A: Yes, you can. If you have access to the funds in your life insurance policy, you may be able to choose when and how to use those funds if necessary.


  • Q: Why should I purchase renters insurance?

A: If you are living in a building owned by someone else, their insurance policy is only going to cover the property and building, not your personal belongings. A renters insurance policy will protect you against theft or damage of your belongings. Additionally, if something were to happen to the building, forcing you to move out, your policy may cover temporary living expenses. Lastly, if you were to accidentally set the place on fire or damage the property, you will be protected from liability.


  • Q: Why would an apartment complex require me to have renters insurance?

A: If something happens to the building as a whole or to your individual apartment (not your fault), the owner’s insurance policy will not cover you or your belongings. Having your own policy will assure the owner that you will not mistakenly hold them responsible for anything their policy does not cover.


  • Q: Do I need to have renters insurance if my roommate already has a policy?

A: Yes. If you and your roommate are not related, you will each need your own policy.


  • Q: What is a personal umbrella policy?

A: A personal umbrella policy is a type of liability insurance that covers you and everything you own, no matter where you are in the world. This type of policy is beneficial to protect all of your assets at once, so you know nothing is being left out.