What Does Home Insurance Actually Cover?

Home insurance is one of the most frequent types of insurance that you will have to deal with in your lifetime. As the name suggests, home insurance covers your home in the event of an unexpected tragedy or accident.

Types of Home Insurance

There are numerous types of home insurance, and the only way to know for sure what your home insurance policy covers is to speak directly with your agent and look at your policy. On the other hand, we can give you a quick overview of what most home insurance policies will cover.

Coverage

For the most part, home insurance or a homeowners insurance policy covers three things: your dwelling, your personal property, and yourself.

Dwelling coverage refers to the structure of your home. For example, if a tree falls on your house after a storm, this would be considered damage to the structure of your home. Most homeowners insurance policies cover these damages.

Personal property coverage refers to coverage of your belongings. This includes everything that isn’t your walls, floors, ceilings, or built-in appliances. It includes things like jewelry, clothes, furniture, and more.

Finally, a personal liability policy covers you if someone files a lawsuit against you because they were personally injured on your property or because their property was damaged and it was possibly your fault.

Need Home Insurance around the state? LeapFrog Insurance in San Antonio, TX Has You Covered!

If you are a Dallas, Austin, or San Antonio, TX resident and are looking for home insurance, LeapFrog Insurance is here to provide you with all the options you’ve been looking for. Give us a call or stop by our office to learn more about the plans and coverage details we have available. We offer everything you’ll need for complete home coverage!

Will my policy cover business records if they are destroyed?

If you have a commercial insurance policy at LeapFrog Insurance in San Antonio, TX, you know that you are protected in case of regular problems like theft or fire. Your coverage includes equipment, furniture, and other items, all of which have a fairly specific value.

Your business is also responsible for many important papers, and these are harder, if not impossible, to access the value. These include leases, insurance policies, permits, and other kinds of important original documents ("important papers" in this sense never means stocks and securities). You are responsible for storing them and protecting them, and if they are destroyed in a fire or tornado, you will need to replace or restore them somehow. 

Most commercial insurance properties will specify that important business papers are not covered under the policy. If you feel that it would be better to provide coverage for your papers, you may be able to get the additional coverage with a coverage extension.

To assess the value of the papers, you will have to determine how expensive it will be to replace them. For instance, if your accounting records are destroyed, the cost of replacement will depend on how many hours it will take to re-create the records. You can ask for the physical value of the ledger and the hourly wage of the person who will be performing this complicated work.

You may be able to get coverage through an endorsement. There is no coverage for the loss of electronic records, but you may be able to get electronic data processing coverage.

When you decide to take steps to get better protection for your business, call LeapFrog Insurance and we will help you explore your additional commercial coverage options in San Antonio, TX.

What happens if your life insurance policy reaches maturity before retirement?

In San Antonio, TX, the agents of LeapFrog Insurance can offer sound advice to individuals who are interested in learning more about the different types of life insurance available. Depending on the type of life insurance you choose, you may be able to reap additional benefits if the policy matures before you reach the age of retirement.

Keep It Where It Is

If purchased early enough in life, a whole life policy can mature long before you reach the age of 65. One of your options is to leave the money where it is. It will continue to earn interest and you will have the benefit of knowing that it will be there when you need it. Policies that were purchased while you were in your 20s and 30s could mature as early as your 50s giving you quite the nest egg when you retire.

Other Possibilities

Other possibilities include taking a loan against the policy and cashing the policy in. If you take a loan against the equity, you don’t have to pay it back but you will have to maintain the payment of the premiums. Cashing in the policy allows you to put the money in smaller accounts like CDs or stock options. If you cash in the policy, however, there may be tax ramifications that can be rather costly.

When you have questions about life insurance, you need to call the agents of LeapFrog Insurance to get answers that are both accurate and concise. Every person’s situation is different and they understand the importance of tailoring a policy to their client’s personalized needs. If you live in the Austin, Dallas, or San Antonio, TX area, call and schedule an appointment today to get the answers you need and a policy that protects your interests.

How Can I Protect My Home From a Break-In?

A home break-in can be devastating. Not only do you lose your sense of security and have personal property taken, but your home insurance premiums may also increase. At LeapFrog Insurance, serving San Antonio, TX and the greater half of the state, we want to provide you with a few tips for protecting your home from a break-in. Here are a few of the ways you can protect your home from a thief. 

Keep Valuables Out of Sight

One of the best tips for protecting your home from a break-in is to keep valuables out of sight. Shut your blinds or curtains and ensure your valuables are not exposed in the open for all to see. If you get a new television or computer, break down the box instead of simply putting it out on garbage day as is. 

Secure Pet Doors

Another tip is to secure your pet doors. Pet doors allow your animals to come in and out, but they can also allow burglars easy access to unlock your door. When you are away, find a way to secure the pet door so that it does not open and close. 

Use Automatic or Motion Detector Lights

The last tip is to use automatic lights or motion detector lights. A burglar wants to go unnoticed. If your home is brightly lit, they run a higher chance of someone seeing them or noticing them. Keep the exterior of your home well lit with the right lights to prevent break-ins. 

If you need home insurance in the greater San Antonio, TX area, turn to LeapFrog Insurance. Contact us today and let us put together a policy that best meets your needs and provide you with a free quote. Call now to get started. 

Are there industries that don’t need commercial insurance?

The question of whether or not you need commercial insurance in your industry is less a yes or no proposition, and more of a what-and-when. If you’re a professional graphic designer, for instance, there is effectively zero overhead. At a certain point you may need to look into liability insurance to help protect you against a libel lawsuit should you work on a website that rubs someone with a lawyer the wrong way among other events. If you run a courier service, then you might not need to worry about worker’s compensation or similar policies, but you might need a policy in place to cover your customer’s cargo.

If you’re doing it as your primary means of income, then chances are you are going to need to at least give LeapFrog Insurance a call and see what your options are for getting commercial coverage. For a San Antonio, TX business owner, it’s worth noting that a commercial policy is less about covering you than it is about covering the business. The business owner is generally protected by their personal insurance policies, but the business itself may be at risk all the same, and this even includes individual self-employment businesses.

The question of whether you need commercial insurance comes down to whether or not there’s something there to protect. In some industries, you’re going to have higher overhead and more employees, while in others the entire business might be you and a laptop for the majority of your company’s lifespan. In any event, if you do have something worth protecting in San Antonio, TX, it’s not a bad idea to call LeapFrog Insurance and see what we have to offer you. Reach out to our agents to have your questions answered.

Benefits of Life Insurance in Texas

Obtaining a life insurance policy is not required by law if you are a current resident in Texas. However, if you want to protect your family financially in the case of your death, working with an insurance agency such as LeapFrog Insurance is a way to get the best life insurance policy that works for you whether you live in Dallas, Austin, or even San Antonio, TX.

What Does a Life Insurance Policy from LeapFrog Insurance Cover?

Having a life insurance policy in your name helps to financially protect your family in the case of your death from burial costs, living expenses, medical bills you may owe, and even educational loans you have in your name after your death. In some cases, life insurance policies may still pay out while you are alive via accelerated benefits and cash assets (depending on the policy and insurance company you are working with). With "term insurance," "permanent insurance," and "universal insurance" life policies available, there is coverage for about any amount of coverage regardless of your current financial standing and ability to pay for your coverage. 

Benefits of Having a Life Insurance Policy in Your Name

Getting a life insurance policy in your name is a way to feel less stressed and worried about the financial future of your family when you are no longer around to provide or assist your household. Even if you currently have bills in your name, medical expenses, or loans to take care of, there are life insurance policies to cover most aspects of your life when you are no longer capable of doing so yourself. 

To learn about a life insurance policy that is right for you in San Antonio, TX, contact LeapFrog Insurance today for a quote and more information!

How the Dust Can Harm Your Paint in Texas

Whether you are in Dallas, Austin, or San Antonio, TX, a fresh coat of paint isn’t just to make your house look nice and pretty. The paint also protects your home from sun, wind, rain, and dust. When your home is exposed to the elements, the exterior can be slowly worn away, chewed up by regular encounters with gusts of sandy wind and harsh sun.

However, the paint itself is not exactly invulnerable. Over time, the paint will wear away and leave your home vulnerable to the elements. Dust can cling to your paint, and when the wind brushes it across the surface, it’s like a piece of sandpaper being dragged across your exterior walls on a constant basis.

To ensure a long life for your home’s exterior, it’s a good idea to wash the exterior of your home now and then when the dirt, sand, and dust start to build up on the exterior. Just as with your car, washing your home doesn’t just make it look nice, it keeps it in good condition. You don’t need to wash your home as frequently as you do your car, but a quick scrub anywhere you find dirt building up isn’t a bad idea.

Eventually, you will need a fresh coat of paint. The old coat will wear off, and it will eventually fade in color. If you don’t want to go through the whole process of scrubbing away dry, flaky paint and putting down a fresh coat, hiring a house painter may be more affordable than you might suspect.

If you take care of your house’s paint job, your house’s paint job will take care of your home. Between that and LeapFrog Insurance, you should be covered on all fronts. If you are looking for a home insurance policy to cover the damages your house may face, reach out to LeapFrog Insurance in San Antonio, TX. Our agents can answer any questions you may have and shape a policy that fits your needs.

Should you Upgrade Your Commercial Insurance as your Business Grows?

Many business owners in the San Antonio, TX area know that one of the first things they need to purchase for their business is commercial insurance. After all, protecting the asset that lets you grow your assets is simply good planning. There are times that it may be a good idea to upgrade your commercial insurance as well. LeapFrog Insurance can help you navigate the level of coverage your particular business needs at each and every stage of growth. 

Is a Commercial Insurance Upgrade Right at This Time?

There are a few things you should consider if you are unsure that your insurance coverage is enough for your business. 

  •  What are the risks?
    • Clearly, each cooperation has different levels of risk and do not need the same exact coverage to be safe. If you run an office, your risks will be different than a construction company. Each company needs a plan to carry its own unique needs when it comes to insurance. 
  • Do risks increase with a particular change?
    • Expanding may mean great things, but it can also bring increased risks. In some cases, if your expansion is in a new region you may have an increased risk due to new weather elements.
  • Does recent growth change your needs or responsibilities?
    • As a business owner and employer, you have a level of responsibility to each employee (and they to you). This means that as you hire more people to your business, your need for insurance may rise. 

LeapFrog Insurance serves customers in and around San Antonio, TX. We want you to be protected, no matter what life throws your way. We are here to answer any and all questions about your insurance needs and always offer an open door for visits.

Can A Defensive Driving Class Lower Your Rates In Texas?

You’ve probably read that a defensive driving course is a great way to keep your insurance rates low, and that’s true, but Texas is not one of the states where discounts for completion of such a course are mandatory. LeapFrog Insurance may be able to connect you to a provider that offers these discounts, but for San Antonio, TX drivers, this is a matter that is at the insurer’s discretion.

This does not mean that it’s not worth the effort, even if you haven’t signed your insurance forms yet. Insurance is a competitive market and providers know that if they don’t offer the discounts that you want, somebody else will. The courses are usually pretty affordable and shouldn’t take you more than six hours to complete. If you have a few dollars to spare and a free afternoon on the weekend, it’s more than worth the effort to look up the nearest defensive driving school.

The amount that you will save is not mandated by the government, but generally speaking, a driver who is under the age of twenty-five will save more on these discounts than an older driver. Past fifty-five and insurance providers will tend to assume that any improvements to your driving abilities offered by a defensive driving course will be marginal. Over time, the amount you save may still add up to be quite a pretty penny no matter your age, but younger drivers tend to get the biggest discounts out of the deal.

An added bonus is that you may have points totally stricken from your record, further reducing your rates. Shop around and see what LeapFrog Insurance has for you. Reach out to our agents in San Antonio, TX for any questions regarding any of your auto insurance needs.

5 Essential Home Maintenance Jobs for Spring

At LeapFrog Insurance, we encourage homeowners to maintain their home in order to retain its property value. Warm spring weather offers a great opportunity for homeowners to pursue home maintenance tasks that can improve the appearance and function of their San Antonio, TX property. The following tasks can do much to upgrade your home environment.

Rugs and Carpets

Steam clean rugs and carpets to remove dust, debris, and stains that have accumulated over winter. Professional carpet cleaning on an annual or semi-annual basis will make your carpet look and feel like new and extend its lifespan.

Windows, Screens, and Sills

Washing your home’s windows, screens, and sills will make for a brighter, more pleasing home environment. Replacing old, outdated windows, when needed, will improve your home’s security and add to its property value.

Kitchen Appliances

Deep cleaning kitchen appliances will improve their function and help extend their lifespan. This includes wiping away stove and oven grime, cleaning knobs and dials, and replacing old grubby burner pans if needed. Take time to remove all food from the fridge and wipe it down inside and out. Thoroughly clean all countertop appliances, i.e. toaster, microwave, blender, and check underneath for food crumbs, dirt, and debris.

Ceiling Fans, Smoke Detectors, and Light Fixtures

Smoke detectors, light fixtures, and ceiling fans are great dust collectors that can irritate allergies. Removing dust, dirt, and cobwebs from fans, furniture and lights will make for a more hygienic home environment.

Gutters

Clear gutters of dirt, debris, and leaves that can cause a backup of rainwater. As water accumulates on the roof, it increases the risk of structural water damage to your property. Consider replacing gutters that are worn or damaged to better protect your structure.

For comprehensive home insurance coverage that offers full protection of your property, contact LeapFrog Insurance, San Antonio, TX.