Why Do So Many People Lack Life Insurance and Why Is It Important?

There are a number of reasons why people don’t buy life insurance in San Antonio, TX. Some of these reasons include that they believe it’s too expensive, it’s only for old people, they are healthy, or they don’t have kids.

Even with these reasons, life insurance can have a number of benefits. Even if you don’t think you need it, you probably do. Here is a question to ask to determine why you need insurance and to discuss with an agent at Access Insurance Services. If you were to die, someone will need to assume your debt. If you have a home, business, or other liabilities, someone else is going to have to be responsible for those debts, whether it’s your spouse, parents, or siblings. If you are a business owner, you need a succession plan, and usually this succession plan involves purchasing a life insurance policy.

There are some main reasons why it’s important to purchase life insurance. It can protect your family and loved ones, not just your children. It’s also for a spouse who would find their life very different without a partner’s income. There should be enough money to cover day-to-day household tasks, like cleaning. Life insurance can also allow you to leave an inheritance. This also is not just for kids, but your loved ones as well. Everyone has debts and, with the money you get from life insurance, your family could pay off your debts. It also adds more financial security and brings peace of mind. Sometimes it’s not as much as replacing your income, but instead just covering any funeral and burial costs. The average funeral can be $7,000, and those expenses would have to be out of pocket. No one wants to talk about death, and money can’t replace a person, but knowing your family will be protected does add a lot of security.

Contact Access Insurance Services, serving San Antonio, TX, to get a quote on life insurance.

Tips for Finding an Affordable Commercial Insurance Company

The insurance sector has really come a long way such that you will find many companies offering insurance services. This makes it very hard to get the right quote due to very many offers. Visit San Antonio, TX, to Access Insurance Services. How do you find an affordable commercial insurance company? The following tips will help you get a company that accomplishes your needs depending on the kind of budget you have.

Narrow the options

It is a lot of work trying to analyze all the companies offering commercial insurance. As result, use the elimination method until you are left with about four reputable companies. You can start by eliminating the ones that are expensive and exceed your budget allocation. Secondly, you can visit the companies’ websites to review if there are any customer complaints. Drop the company that has a lot of complaints to avoid future complaints too. After narrowing your options down to one, contact the company directly.

Discounts

Most insurance companies will offer discounts in order to lure customers in. It is, therefore, no surprise that most people will choose the company with a majority of discounts. Discounts will lower the cost of acquiring insurance. Remember that you are putting into consideration what you can afford and there is no harm in choosing this, as long as the company is reputable.

Find an agent

Agents are an easy way to land a great quote. First, you need to be assured that the agent is legit. You can do this by asking your friends and family to propose an agent that they regularly use. This way, you will be assured of doing trustworthy business. Then, you can lure the agent to get a better deal by maybe telling them that a different company has offered a deal. This will prompt the agent to counter the offer. You can visit San Antonio, TX to Access Insurance Services.

 

Why It Is Important To Review Your Home Insurance Policy Annually

A lot can happen with your home in a year. Additionally, a lot can happen around the area. As such, it makes sense for you to review your home insurance policy on an annual basis. By making a call to Access Insurance Services, you can get professional assistance reviewing your policy in San Antonio TX.

Changes to Your Home

You want to make sure that your home insurance policy reflects everything that has happened to your home. For example, if you install a pool, it needs to be included in your policy. If you have added a security alarm, it should be reflected on your policy.

You may not think to make these changes throughout the year. However, reviewing your policy annually gives you a chance to make the changes. Otherwise, if home additions and changes aren’t in the policy when you file a claim, it can pose big problems. It may even prevent your claim from being accepted.

Changes to the Area

A lot may happen around your neighborhood in a year. If a neighbor’s home caught fire, it may show that you need some extra coverage. If there was a lot of flooding, you might want to add additional flood coverage to your policy. Plus, if there were a lot of break-ins, you may want to increase the coverage you have so that all of your valuables are sufficiently covered.

Insurance companies make changes to the way that they calculate premiums, too. If you notice that your home insurance premiums have gone up dramatically, it might be time to compare policies between different companies.

At Access Insurance Services, we are here to help you find policies in San Antonio, TX that make sense for your home, year after year. Talk to an agent today so that you can get help reviewing your policy.

 

 

Tips for Understanding Your Auto Insurance Policy

We go through our lives signing paper after paper, and many times, we don’t even know what we’re signing. From privacy policies to waivers and more, we often fail to take the time to read through the fine print of paperwork to have a good understanding of what we’re signing for. When it comes to auto insurance, though, this is not something you want to take lightly. It is very important that you understand what you’re purchasing and the type of coverage you will receive should you have to make a claim. Access Insurance Services serving the San Antonio, TX area wants you to have a clear understanding of your policy and that’s why we are here to offer two tips for understanding your auto insurance policy. 

Read Through the Entire Policy

There’s a good chance your auto insurance policy is actually several pages long. This is why you should set aside an extended period of time to read through it. It will likely take you anywhere from 30 minutes to an hour or more to actually read through all parts, but once you do, you can rest easy knowing you have a better understanding of the coverage you have. Even better, you may learn about parts of your policy that you were unaware of. 

Speak With Your Agent

The best way to get a better understanding of your auto insurance policy is to speak with your agent. Your insurance agent can explain any unfamiliar terms and will provide you with a crystal clear picture of what your coverage does and does not entail. This person can serve as a go-to resource for any and all of your questions and concerns. 

Contact Us Now

To learn more about auto insurance and how to understand your policy, contact Access Insurance Services serving the San Antonio, TX area. 

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.