What Happens to My Home Insurance Policy When I Move?

Moving can be a long and stressful process for most homeowners in San Antonio, TX. You need to shop for a new home or apartment that will suit your unique needs, sell your old home, pack and travel mentally, emotionally, and physically to your new home. You need to disassociate yourself from your old home and forget about it completely.

This is already a hectic process, but there is something else that you need to consider before moving. What are the insurance implications of your move? What happens to your current home insurance policy from Access Insurance Services when you move? Can you keep your current policy or you will need a new policy? Here is everything that you need to know about your home insurance policy when you move.

What Happens to Your Home Insurance Policy When You Move?

You might be surprised to learn that nothing happens to your current policy when you move. However, you need to accomplish some tasks when moving to avoid invalidating your policy. The first thing that you need to do is to contact your insurance agent and let them know that you are moving to a new home and ask them how this action can affect your policy. Your agent can help you arrange for the cancellation of the old policy and also assist you to transition to your new policy for your new home.

Contacting your insurance agent early enough will also ensure that there are no gaps in your home insurance coverage in San Antonio, TX. You should also be aware of the terms of your policy and how far in advance you had paid. If you had paid in advance, then you will be entitled to some form of refund once the provider cancels your policy. However, it is good to know that you can’t keep your current home insurance policy when you move since your new and old homes are two different properties with different risks.

Contact Access Insurance Services today for your home insurance policy.

Everything You Need to Know About Reporting Your Car Stolen

There is nothing more frightening, frustrating or stressful than coming outside of your home in San Antonio, TX or walking to the parking lot after work, only to find your car has been stolen.  Unfortunately, people experience this type of tragedy everywhere, regardless of how safe your neighborhood is or how secure a parking lot is-car theft happens all across the country. Here are a few tips on how to handle the process of reporting a stolen car, which may make the situation a little less frustrating.

Was it Really Stolen?

Once you have become aware that your vehicle is missing, the first thing to do is consider all other possibilities before filing a police report and making an insurance claim. For example, check for any parking signs that may indicate you accidentally parked in an illegal spot and your vehicle has gotten towed. Contact friends and family to ask if they borrowed the vehicle and if you have a loan on your vehicle that is in default, contact the loan company to make sure it wasn’t repossessed. Once you have determined there is no other reason for your vehicle to be missing, contact the police and file a police report.

Insurance Coverage for Stolen Vehicles

It is important to know that in order to have insurance coverage for a stolen vehicle, you must have comprehensive coverage of your insurance policy. In most states, if a vehicle is stolen from your personal property, you will not be able to file the claim under your homeowner’s insurance policy-you must have comprehensive coverage on your automobile policy.

Insurance Claims Process

The most important thing to do before contacting your insurance company is filing a police report. As soon as you file the police report, contact your insurance provider. In most situations, there will be a waiting period (usually 30 days) before the claim is paid, in order to see if the vehicle is recovered. Also keep in mind that comprehensive coverage typically doesn’t cover the personal items stolen out of a vehicle, such as a phone, jewelry or computers.

Automobile thefts are taken extremely serious at insurance companies. This type of situation is investigated closely by an adjuster in order to ensure there is no fraud. It is important to keep in mind that filing a fraudulent auto theft insurance claim is a serious crime.

Residents of San Antonio, TX that want to review or upgrade their current automobile insurance should contact Access Insurance Services.

What Kinds of Life Insurance are Available?

Life insurance can be one of the most important types of insurance that you will ever buy. For people that are in the San Antonio, TX area, choosing the right type of life insurance is very important. There are a couple of major types of life insurance that need to be properly considered when you are looking for a new policy for your situation.

Whole Life
The first type of life insurance is whole life insurance. With a whole life policy, you will receive a set amount of insurance coverage for the rest of your life. With a whole life policy, you will also be able to use the policy as a form of an investment. Over time, a portion of your monthly premiums will go into an account that will accumulate in value. This can then be liquidated at any time. However, these policies tend to be expensive on a monthly basis.

Term Life
For many people, the best type of life insurance to get is a term life policy. With a term life policy, you will receive a set amount of coverage for a certain amount of time. In general, you will likely receive coverage for anywhere from 10 to 30 years. This type of insurance tends to be far more cost-effective when considering the amount of coverage you receive. However, it has no cash or liquid value. 

Choosing the right life insurance policy for your situation is very important and can seem very complicated. Because of this, it is important that people in the San Antonio, TX area speak about their options with Access Insurance Services. When you meet with Access Insurance Services, you will receive more detail about all of your options to ensure you make the right choice for your situation.

How do I increase my commercial property coverage if I hit my policy limits?

You’ve opened your business in San Antonio, TX. Your store front looks pristine. You purchased all new equipment. Your spiffy sign advertises to potential customers. Now, you need to cover it all with insurance before you open your doors to the public. What if your insurance needs exceed the standard policy your insurer offers? This Access Insurance Services blog explains how to obtain more coverage if your business already carries a policy for the maximum amount the insurer offers in a standard commercial property policy.

What does commercial property insurance cover?

Commercial property insurance covers both the structure and the personal property contents of a business. That means the policy provides protection for the real property and the business personal property (BPP) inside it… if you own the property. If you rent or lease your office space from someone else, your commercial property insurance only covers your BPP. The building owner’s insurance policy covers the structure.

  • The structural coverage refers to permanently installed equipment like the air conditioning, boiler, and furnace, as well as architectural fixtures like built-in bookcases and cabinets.
  • The contents coverage refers to carpets, dishwashers, equipment, refrigerators, and safety equipment like fire extinguishers. Your office furniture and even the outdoor furniture in your break area also qualifies.

The BPP portion also covers any property you lease you’re contractually obligated to ensure and property in your possession within the building or stored within a specific distance.

What doesn’t commercial property insurance cover?

Neither structural nor BPP covers the following:

  • accounts, bills, money, securities or government benefits like SNAP or WIC,
  • animals of any kind except stock,
  • any crops, grain or hay stored outdoors,
  • backfilling, excavations or grading costs,
  • commercial or personal aircraft, vehicles or watercraft,
  • docks, piers, land, or wharves.

With respect to animals, for example, a pet store’s stock is covered, but your poodle visiting the store is not. A ranch’s herd of cow’s and bulls is covered, but the family parakeet is not. Some policies exclude the electronic data and the restoration of said data, the structure’s foundation and paved surfaces.

How to Cover What’s Not Covered

You can purchase an additional coverage option. Numerous options for this exist. The most common additional coverage options include:

  • debris removal,
  • electronic data,
  • fire department service charge,
  • the increased cost of construction,
  • environmental pollutant cleanup.

For items already covered, but requiring protection against greater losses, you can add a coverage extension. You can extend structural or BPP coverage to include newly acquired items, new buildings under construction, personal effects/others’ property, valuable records and papers, the property you store off premises, property stored outside and detached trailers you don’t own.

Help your San Antonio, TX business succeed by properly ensuring it. Call Access Insurance Services to learn the ends and outs of commercial property insurance and determine your company’s needs. Let us help you succeed.

What Is Usually Covered by Recreational Insurance in San Antonio, TX?

Living in San Antonio, TX, you are not far away from exciting places to take your recreational vehicle. Of course, it is not all fun and games as you should have some bare minimum insurance to cover liability and damages if there is an accident. This type of insurance may apply to your ATV, boat, jet ski, or any off-road vehicles. If you are looking for an affordable plan, consider Access Insurance Services.

Probably one of the most important aspects to consider in recreational insurance is the liability coverage. Imagine you crashing into a boat with your jet ski and you are found culpable. With possible damages, injuries, and legal fees, this accent can ruin you financially. Paying for regular insurance will assure you that you do not have this surprise cost to pay in full when it arises.

For your own sake, you will also want yourself protected from accidents or theft. It is likely that your policy will include theft of your vehicle and personal objects located within (up to a certain amount). If you have custom parts to your vehicle, that may also be included for a certain amount.

If you only plan on using the vehicle at certain times of the year, you may have part-time coverage for the vacation. Typical coverage, like collision, will be included but there may be limitations.

No matter how short or safe your vacation may seem, it is always a good idea to get some form of coverage. The small cost of insurance can save you a bundle if you are unlucky enough to experience a disaster. If you are in the market for some affordable coverage in the San Antonio, TX area, consider consulting with Access Insurance Services for a quote.

What You Need to Know about Home Insurance

The first important point to know about home insurance is exactly what it is and what it protects. Home insurance is a type of property insurance which protects the individual against losses and damages to their house as well as to valuable assets inside their residence. Additionally, homeowner’s insurance provides liability coverage in case of an accident in the residence or somewhere on the homeowner’s property. Obtaining homeowner’s insurance is a typical first step a homeowner must take before a bank will accept their request for a mortgage. Therefore, knowing the specifics of it is incredibly important for anyone interested in purchasing a home.

The second thing to know about home insurance in San Antonio, TX is exactly what incidents it covers and how the process of paying for such incidents occurs. Generally, home insurance covers four different types of incidents: damage to the interior, damage to the exterior, personal assets or belongings suffering damage or being lost, and any injuries that occur while someone is on the property. These are generally covered by home insurance. If one of these incidents happens, the homeowner must pay a deductible first. Then, the insurance company will pay the excess cost of making the home habitable once again.

A third fact to know about home insurance in San Antonio, TX is the liability limit of the insurance. The liability limit of the insurance determines how much coverage the insured possesses in the event that something unexpected happens. The amount varies depending on the level of coverage and the insurance company that the insured receives coverage from, but the policyholder can also choose to set a higher amount for their liability limit if necessary. Speaking of insurance, if you are interested in purchasing homeowner’s insurance, check out Access Insurance Services. They have many knowledgeable and helpful insurance agents to assist you in purchasing homeowner’s insurance. If you are interested in finding out more information about homeowner’s insurance, call Access Insurance Services. 

A Look at Motorcycle Insurance Coverage Options

Texas requires all motorists, including motorcyclists, to cover vehicles for $30,000 of personal injury maximum for each person per accident, $60,000 of personal injuries maximum per accident, and $25,000 of property damage maximum per accident. This means that insurance will cover up to $30,000 of medical costs for an individual in an accident, up to $60,000 of medical costs for ALL persons involved in an accident, and up to $25,000 of property damage from a single accident. The state intends these liability insurance minimums to cover the persons and property of the other vehicle in the accident, rather than your own, in an effort to reduce uninsured motorist costs. Access Insurance Services, serving San Antonio, TX, can support you with determining the minimum coverage for your area.

Other areas of coverage are as follows:

  • Collision/Comprehensive Coverage – Most banks require this if you purchased your vehicle through a loan and still owe the bank money.
  • Medical Payments Coverage – Since the liability insurance covers the other vehicle, this covers the medical and funeral costs of those in your own vehicle and any other injured persons involved in the accident, whether the accident was your fault or not.
  • Personal Injury Protection Coverage – This is similar to the Medical Payments Coverage, but includes coverage for lost income resulting from the accident.
  •  Uninsured/Underinsured Motorist Coverage – This type of insurance covers your costs if you are involved in an accident with someone who does not have insurance.

Contact Access Insurance Services, serving the San Antonio, TX area, for information on these and other add-on coverage options (such as towing or rental). Additional coverage depends on a motorist or vehicle’s needs, and Access Insurance Services is ready to guide you through this decision-making process.

The Basics of Recreational Insurance

Nowadays there are several types of recreational vehicles, ranging from converted buses to camper vans. Nobody plans or even wishes to get into accidents, but they happen anyway and without warning. Recreational insurance helps you cover most of the risks just like those covered by auto insurance, including collision, theft, and vandalism. And like auto insurance, recreational insurance is compulsory in San Antonio, TX, especially the minimum amount of liability coverage. Driving a recreational vehicle without insurance can get you into legal problems. Plus, lenders may require it before financing your vehicle.

Even if it wasn’t compulsory, recreational vehicles cost a fortune. And that’s why having them insured with Access Insurance Services is the only way to protect your investment. Due to the large sizes of these vehicles, they can cause very severe accidents that could lead to major injuries and significant property damage.

Coverage Options

There are several coverage options you can consider when taking recreational insurance depending on your needs and budget. They include liability coverage which is compulsory, collision coverage, comprehensive coverage, uninsured/underinsured coverage, road assistance coverage, and much more. Depending on the coverage options you choose, you can also include additional coverage such as vacation liability, towing coverage, personal effects coverage, emergency expenses coverage, etc.

Some of the common mistakes you can make when buying recreational insurance include thinking that your standard auto insurance is enough to cover your RV, shopping for the least prices available, or taking inadequate liability coverage. Talk to an agent at Access Insurance Services to help you understand how much coverage you need.

We provide reliable and affordable recreational insurance policies for the residents of San Antonio, TX and its environs. Talk to us today and get the right policy for your recreational vehicles or for any inquiries.

Preventing Total Loss With Recreational Insurance

Residents of San Antonio, TX and the surrounding areas often own many recreational vehicles. However, they may not have recreational insurance for these items. This mistake can be costly if your vehicle gets damaged and is a total loss. Let us at Access Insurance Services show you why you need recreational insurance as soon as possible.

How Recreational Insurance Works

Recreational insurance works by providing a variety of coverage types for your various vehicles. It protects them from various types of damage caused by weather, accidents, and much more. Coverage will go into effect in specific situations in which you use your vehicle.

For example, liability and collision insurance will only operate if you get into an accident with your vehicle. Other types of coverage will protect it while it is in storage. Fully understanding your coverage options ensures that your vehicles are safe.

Why It Is Essential

Let’s say that you store your fifth wheel in a large poll barn when you aren’t using it. During a thunderstorm, the barn is struck by lighting and burns to the ground. The fifth wheel is totally destroyed. Without recreational insurance, you have lost thousands of dollars on that vehicle.

However, recreational insurance will help to cover some or all of the replacement charges for your fifth wheel. It can also cover any other vehicles you may have had stored in the poll barn, such as boats and personal watercraft. With this type of insurance, you protect yourself and your financial investments from these kinds of unthinkable situations.

Making Sure Your Coverage is Complete

If you live in San Antonio, TX or the surrounding area, we at Access Insurance Services can help you find a great recreational insurance policy. We will work hard to make sure that your vehicles are protected from total loss.

How You Can Save On Auto Insurance By Paying Your Premium Up Front

For some vehicle owners, auto insurance can be confusing. Many do not realize that they can save money by taking certain actions and coverages when selecting their insurance. One of the many ways you can save money on your premiums is by paying for your coverage up front for six months or even a year rather than breaking it up over each individual month.

Why Pay Up Front?

If you pay your insurance premiums up front, you don’t have to pay the additional finance charges that are tacked on to your policy over the months that you are covered. This means that you stand to see substantial savings. Although this may not be ideal for every person, it is one of the options that can help you lower your insurance costs. Consult your insurance agent to find out exactly how much you can save by selecting this payment option.

Get Help Making A Decision

If you are unsure whether or not you should pay your premiums up front or spread them out over each month, you should consult your insurance agent. There may be other benefits to paying up front beside cheaper premiums. It always helps to do business with a professional agent that takes pride in having a high level of customer service. If you are looking for a reputable insurance agent with your best interests at heart, and live in or around the San Antonio, Tx area, you should consult Access Insurance Services.

People who live in and around the San Antonio, TX area can rely on the insurance products of Access Insurance Services. They can help you make informed decisions that fit your lifestyle and save you money. Call or stop by today to speak with a helpful representative.