Types of commercial insurance

As a business leader in San Antonio, TX, you already know that commercial insurance is an essential cover for your organization. The problem comes when you have to choose the different types of commercial insurance policies. LeapFrog Insurance presents to you the different types of commercial insurance for quick and easy decision-making. 

Commercial Property Insurance

Property insurance coverage is one of the most common types of commercial insurance. This policy covers the entire building and the contents inside the structure. In case your business suffers theft, damages, and possible natural catastrophes, property insurance will be deemed essential and will help in compensation. 

General Liability Insurance

General liability insurance is structured to cover possible liabilities that are likely to emerge in your everyday operations due to acts of commission or omission. If a client suffers some injuries on your business premises due to negligence, general liability will cover medical and legal fees. 

Business Interruption Insurance

There are very many natural or human-made factors that can easily lead to business interruptions in your company, which means you will be experiencing losses while there’s downtime. Some of these factors include hacking accidents, problems with electricity connections, and significant storms. Business interruption insurance will help you to recoup the money you would have made while in downtime. 

Workers’ Compensation

Workers are likely to get injuries while in your organization. Without worker’s compensation insurance, your business could suffer the loss of money in medical expenses. Having workers’ compensation insurance is an absolute necessity for your entity because it can help you avoid punitive damages and associated lawsuits. 

Now that you understand the different types of commercial insurance policies and what they cover, it is time to get your San Antonio, TX business a commercial insurance policy. LeapFrog Insurance will help you in getting the best policy possible that will meet your business needs. 

How Life Insurance Protects Your Family

Protecting your family is very important, and if you’re the one who typically takes care of them they could end up in a bad spot if something happened to you. That’s where a good life insurance policy comes in. If you’re in the San Antonio, TX area, LeapFrog Insurance can help you find the policy that’s right for your needs. The size of your family, whether you’re the primary one who cares for the family, and other factors will all matter when choosing a policy. Our agents are ready to help you find what works for your needs.

If you pass away, your family would suddenly lose out on all you give to them. They might have trouble staying in the house they love or keeping the cars they’re used to driving. There could also be worries over children going to college and other matters. But with the right policy that protects your family in the event of your death, you don’t have to worry about those things anymore. It’s a great way to have peace of mind for everyone involved, including you. Then you can just enjoy time with your loved ones, and put your worries about the future aside.

Reach out to LeapFrog Insurance today, if you’re in the San Antonio, TX area and need a life insurance policy. No matter what questions you have about policy options, we can get you the answers you’re looking for. Then you can make an informed decision about the policy you’re considering, or whether a different one would be a better choice for your needs, plans, and goals. Having good coverage is essential for protecting your family both now and in the future. With a good policy, you’ll have fewer worries and can get back to living life.

Who needs to have home insurance here?

The San Antonio, TX area continues to be a great place to purchase a home. This is a quickly growing city that offers a lot of opportunities and advantages to property owners. When you would like to buy a home here, you need to ensure that you get proper insurance for it. There are a couple of important reasons why people all over this area of Texas need to have home insurance. 

Insurance is a Requirement for Most Owners

A common reason that people in San Antonio will need to have home insurance coverage is that it is a requirement for most property owners. If you have purchased a home in the area, you could be required by a mortgage lender or home association to carry insurance. If you do not have this coverage, you could be out of compliance with your agreements and will face penalization.

Insurance Protects Property Owner

Having insurance would be a good investment even if you were not required to have it. When you have a property insurance policy, it will protect your home, which is also most people’s most valuable asset. Further, you are going to receive a liability policy that will be very helpful if you are ever subject to a claim. 

Property owners in the San Antonio, TX area are going to benefit greatly from having proper insurance in place. If you are looking for a new policy here, it would be a good idea to call LeapFrog Insurance. Picking an insurance policy for your car can seem quite complicated but LeapFrog Insurance can make the process much easier. The team here will take a careful and personalized approach when assessing your needs. This guidance and insight can then help you pick an ideal policy that will meet your needs. 

Protect Your Property against Flood

Floods are the most common natural disaster in San Antonio, TX, according to National Weather Service San Antonio.  All homes, therefore, need to have flood insurance, even if it is in a low-risk area. This will help to protect your home from devastating flooding which can occur at any time of the year. After all, you don’t want to take the risk and wait for the water damage before you could take an action. If your home is within the designated flood zones, it’s ideal to obtain flood insurance to protect your property during such eventualities. Our experts at LeapFrog Insurance will help you maneuver through the process of obtaining a flood protection policy that suits you the most.

Various flood insurance offers property coverage at different limits. This enables you to have a variety of attractive options to choose from when seeking flood coverage. In recent years, many insurers have re-entered the flood insurance space to provide you with more coverage options and Leapfrog insurance is no exception.

Flood insurance covers both the structure of your home and its contents. However, coverage for contents is optional in some cases, and our insurance agent can help discuss your options. There is often a 30-day waiting period before your flood insurance takes effect except when the flood insurance is needed by a lender and is purchased as part of securing a mortgage. However, some private flood markets offer shorter waiting periods.

If your property is within San Antonio, TX, It’s important to explore flood insurance offerings. This is because when filing a flood insurance claim, the track record for handling claims can make the difference as to whether your claim gets paid or not. When you are not sure about which coverage to invest in, please don’t hesitate to visit us at LeapFrog Insurance or call our office for more information on what you deserve to protect your home from flooding.

Workers Compensation Myths Texas Business Owners Should Be Aware Of While Researching Policies

Based in San Antonio, TX, LeapFrog Insurance serves the community through helping residents find insurance coverage. We are committed to making sure that our clients find the policies they need to protect their assets. We work closely with several organizations throughout Texas.

Workers Compensation Myths

The San Antonio, TX economy depends on the success of local businesses. If you own a business in the community, commercial insurance allows you to protect your investment. The policy covers your business if your property or equipment is damaged or stolen. The policy also covers your business against potential liability disputes. An important part of commercial insurance policies is worker’s compensation benefits. Worker’s compensation protects both your business and your employees if an issue arises. While you research worker’s compensation, avoid some of these common myths.

Coverage Isn’t Necessary Because There’s A Low Risk Of Injury

Even professions that have a relatively low injury risk aren’t completely accident-free. Regardless of the job that your employees do, there is still a chance that someone might get hurt one day or develop an illness. Worker’s compensation provides your business with a safety net.

I Operate A Small Business So I’m Not Eligible For Coverage

This is incorrect. Even small businesses have to plan for unexpected risks. While you may not have a lot of employees, worker’s compensation is still an asset because you could potentially suffer devastating losses if one of your employees is injured and you don’t have protection.

Your Employees Are Covered If They Get Injured Offsite

This is incorrect. Worker’s compensation only covers injuries sustained in the workplace. If one of your employees gets injured at home and makes the condition worse by coming to work, they are not protected. However, if they slipped and fell while walking to the restroom on their lunch break, worker’s compensation does protect them.

LeapFrog Insurance Will Help You Protect Your Business

Visit our website to learn more information about commercial insurance.

What does flood insurance cover?

Those living in zones prone to flooding in Texas are required to have flood insurance as provided by the National Flood Insurance Program (NFIP). You know that your San Antonio, TX home needs coverage for damages caused by hurricanes and other natural disasters involving water. What exactly, though, does flood insurance cover? The agents at LeapFrog Insurance can help you understand. 

What does the NFIP offer?

The NFIP offers two types of flood insurance: 

  • Building Coverage;
  • Contents Coverage. 

Building coverage is centrally designed to pay for damages to the structure of your home. Electrical and plumbing systems are covered under this plan as well as foundation walls and staircases. You may also find building coverage handy for recuperating for damages to your large kitchen appliances (i.e., refrigerator, stove, and dishwasher) as well as permanently installed carpet. 

Building coverage does not pay for smaller appliances and personal belongings, which is why you need contents coverage as well. You can file a claim for damages to your microwave oven as electronic equipment under such a plan. Contents coverage may also cover your washer and dryer as well as carpet not covered by building coverage. 

What qualifies as a flood?

An incident is considered a flood if an excess of water on land that is normally dry covers more than two acres or more than two properties. Under such terms, a broken pipe that covers the inside of your home is not considered an incident that qualifies for flood insurance coverage. 

Flood insurance in San Antonio, TX is necessary, though not always understood. The agents at LeapFrog Insurance can help you obtain the right policy so that you are fully protected when the unthinkable happens. Call them today to get started with a quote for coverage.

Common Misconceptions about Flood Insurance

Floods can occur almost anywhere in Texas at almost any given time. With flood insurance from LeapFrog Insurance, you can protect your San Antonio, TX home from flood disasters. Misconceptions about flood insurance may make you hesitant to obtain this valuable coverage. Here are some common misconceptions you should be aware of so you don’t miss out on getting the protection you need.

Misconception: Home insurance covers flood damage.

Home insurance covers water damage from leaky pipes or other plumbing issues. It doesn’t, however, cover flooding. If your San Antonio, TX home floods due to rising river waters or storm surge, home insurance will not pay for the damage. That’s why you need flood coverage.

Misconception: Flood insurance is only for people who live in a flood zone.

Almost any property can be subject to flooding. According to FEMA, over 20% of flood claims in the country come from people who don’t live in high-risk flood areas. Many Texas cities are prone to flooding and San Antonio is no exception. Better to be safe than sorry when it comes to protecting your costly home investment.

Misconception: There’s no rush to purchase flood coverage. You can wait until the rainy season to get a policy.

The longer you wait, the greater your risk of suffering from a flood disaster. Floods can and have occurred suddenly, without much warning. In addition, flood insurance doesn’t go into effect immediately after purchasing. There’s usually a waiting period of 30 days before your protection begins. By purchasing your policy in advance, you can be prepared for this untimely disaster.

Misconception: Only homeowners can purchase flood coverage.

Flood coverage is available for home and condo owners, business owners, and renters for the protection of personal belongings.

To purchase your flood policy, call or visit LeapFrog Insurance today.

What are the advantages of a flood insurance policy in San Antonio?

The San Antonio, TX area is one of the fastest-growing metropolitan areas in the country. People continue to come here due to the warm weather, plenty of job opportunities, and good housing options. If you do move here and buy a home, you need to make sure that you get the right insurance for it. For a lot of property owners, this could include having flood insurance. There are plenty of advantages that come when you get a flood insurance policy.

Provides Protection Against Significant Risk

The main advantage that comes with a flood insurance policy is that you can receive protection against a pretty significant risk. If you have a home that is damaged by a flood, the costs to remediate can be very significant. Fortunately, when your home is damaged by a flood, the insurance policy will give you the coverage you need to make necessary repairs.

Ensures Loan Compliance

Another advantage of a flood policy is that it can ensure you are in compliance with your loan agreement. If you have taken out a loan and are in a flood zone, the lender will likely require that you get proper insurance. With a flood insurance policy, you will meet their flood insurance requirements and stay in compliance. 

Those that are in the San Antonio, TX area are going to benefit from having a flood insurance policy in many different ways. Due to this, it is important that you get a flood policy when it is needed. For those that are looking for this coverage, contact the team at LeapFrog Insurance is a good idea. The insurance team at LeapFrog Insurance can let you know if you need flood protection and help you choose an appropriate policy. 

How much flood insurance should I buy if I live in a flood zone?

If you just found out that you live in a high-risk flood area, you must be worried sick about how much flood insurance will be enough to cover every aspect of your home. Floods in San Antonio, TX can be destructive if you are not financially organized. A good rule of thumb is to purchase coverage that is equal to the value of your home. This way, you are sure to get the maximum recovery of what you lost due to water damage. 

Always buy enough insurance to rebuild your home

Sounds obvious. If you live in a high-risk area, the chances are that you will encounter a flooding event every year. Floods can damage the entire foundation of your home or, worse, sweep your home away. You want to make sure that your flood insurance policy is adequate to cover for the entire house structure in case it is damaged by floods. At Leapfrog insurance, we recommend hiring a contractor to assess your home value and give you a precise figure before reaching out to your insurance company.

Buy enough coverage to replace your personal belongings.

You also need to determine the value of your personal items in the house by calculating the cost per item. You can use receipts to help you know the price of furniture, electronics, appliances, and other personal items like clothes and shoes. You should also keep an inventory of these items in case your insurance provider requests to see them. 

Once you factor in the cost of your home, the belongings inside, and the combined assets, you can now set your coverage limits based on this value. Flood insurance is the lifesaver you need if you live in a high-risk flood area. Our insurance experts at LeapFrog insurance will be happy to help you calculate how much coverage you need for your home. Feel free to contact us or visit us in our San Antonio, TX offices today.

5 Ways Commercial Insurance Helps Your Business

If you’re starting up a business in or around the San Antonio, TX area, you’ll want to find out about commercial insurance. Not every business needs this type of insurance, but most of them do. At LeapFrog Insurance, we can help you discover what kind of insurance coverage you need and then make the choices that are right for your specific situation. You’ll have peace of mind with your new business, and be able to focus on operating that business the right way. Here are five of the most important ways commercial coverage will help your business.

1. You’ll have protection for your building and the equipment in it.

2. You’ll have coverage for your employees if they’re injured in the course of their work.

3. You can protect your clients or customers if they sustain an injury while they’re on your property.

4. You’ll have a sense of stability and security, knowing you’re properly covered.

5. Your customers will feel safer because they know any mistakes you might make in a professional capacity will be covered.

Having a business can be a great feeling, and can give you the freedom to be your own boss and set your own terms and conditions. But it’s very important that you take your commercial insurance seriously. Having the right agent and company behind you can make a big difference in the type of coverage you get and how easily you can make changes and updates in the future.

For anyone in or near the San Antonio, TX area, LeapFrog Insurance is here to help. Reach out to us today, and let us answer any questions you have about your business’ insurance policy. Whether you’re just getting started or you’re looking to update the policy you already have, we’re available. Our dedicated agents will ensure that the policy you have is the right one for your needs.