Access Insurance Services

Owning your home is a great long-term investment.  Since it is such a big investment, homeowners need to make sure that they are properly covered and protected.  For those in the San Antonio, TX area, one of the best ways to do this is by getting a quality home insurance policy.  When you are looking to build your own home insurance policy, there are several factors that need to be considered.

Requirements

When you are building your home insurance policy, you first need to consider any requirements that you may have.  While the state of Texas does not have any requirements, most mortgage lenders and homeowner associations do require the homeowner to carry a policy.  In most cases, this will include having property coverage high enough to pay off the mortgage and a certain level of liability coverage.  

Specialized Additional Insurance

Depending on where your home is located, you may be required to carry additional types of insurance as well.  For example, if your home is located in a floodplain, you will likely need to purchase an additional flood insurance policy as well.  Also, if you have any valuable collectibles or jewelry, you may need to purchase an additional rider to ensure they are covered on your policy. 

If you are looking to buy a new home or want to review your existing home insurance needs, it would be beneficial to reach out to Access Insurance Services.  Access Insurance Services is a leading insurance provider for those in the San Antonio, TX area.  The company will be able to give you a full review of your insurance needs and advise you on what you should include in your policy. They will then be able to provide you with a quote for a policy that provides you with the right home insurance coverage.  

Are Your Friends Covered by Your Auto Insurance?

One of the scenarios that you may not consider very often when you’re picking out auto insurance is what exactly happens if you need to let someone else use your car. It’s relatively common for your friends or relatives to ask to borrow it to make a quick trip, or they may need to drive it if there’s some type of emergency where you’re unable to drive. Access Insurance Services wants the people of San Antonio, TX to know more about how this works before they hand over the keys. 

When You’re Definitely Covered

When you first sign up for coverage, you’re usually asked if you want to name someone else on the policy. The insurance company will ask you to consider the person or people who are most likely to need to drive your car in the future. In this case, your auto insurance will give the named person driving the same benefits that you receive from your own policy. Before the insurance company does this, they check the driving records of the person who is named, so they feel completely confident in extending coverage to them too.  

When It Depends 

If someone who isn’t named on the policy drives the car, then your insurance may or may not cover them. Normally, the policy is to use your insurance as the primary source of coverage, which means that you’re liable if there’s some sort of problem. If your friend or relative has auto insurance under their own name, then their insurance company may cover part of the damages as well.

Sometimes you will need to have someone else drive your car, so it’s important to have all the facts. Call Access Insurance Services to find out more about how our policies work for the people in San Antonio, TX today.