Four mistakes to avoid when you buy flood insurance

Mistakes you make when purchasing flood insurance can cost you a lot of money. If you are a homeowner in San Antonio, TX, we’ve got you covered at LeapFrog Insurance. We can offer you flood insurance that meets your needs and helps you in a tight spot.

The following are four mistakes to avoid when you buy flood insurance. 

Procrastinating about buying flood insurance

You should always have flood insurance. Floods cause an enormous amount of damage to American homes every year.

Going without flood insurance protection can put your investment in your home at risk. That’s why you should never procrastinate about buying flood insurance. 

Failing to do your research on NFIP-subsidized policies

The National Flood Insurance Program (NFIP) subsidizes flood insurance coverage for homes at high risk of experiencing flood damage. It would be best if you looked into the possibility of getting your flood insurance subsidized by the NFIP before buying a policy. 

Purchasing only the minimum amount of flood insurance coverage offered

You probably don’t have adequate flood insurance coverage if you’ve only purchased the minimum amount offered or required by your mortgage lender.

Investing in added flood insurance coverage by ensuring your home is covered for its full value is important. 

Thinking that buying home insurance means purchasing flood insurance

Standard home insurance policies don’t cover homes for flood damage. If you have home insurance, that doesn’t mean that your property is protected in the event of flood damage. You have to purchase flood insurance separately or have a flood insurance endorsement added to your home insurance policy. 

Let us insure your San Antonio, TX home at LeapFrog Insurance. If you need to get a quote on a flood insurance policy, we’re here to help. Call us or visit our website to get a quote today!

Why Everyone Needs Flood Insurance

Everyone who owns a home greatly needs some insurance policies, including flood insurance. You likely already have home insurance, so shouldn’t that be enough? Many people don’t get flood insurance because they assume their home insurance will cover a flood. However, home insurance isn’t enough. It doesn’t cover floods. Without flood insurance, you’re vulnerable to paying for the extensive damage that a flood can cause. This may be unaffordable after a severe flood. If you don’t have flood insurance yet, call LeapFrog Insurance in San Antonio, TX to learn more. 

Flood Zones

Flood zones are areas declared to be at high risk for flooding. If you live in a flood zone, going even a day without flood insurance is never a good idea. However, the same is true if you live outside of flood zones. Among all of the insurance claims for flood damage, about 20% of them are from areas that aren’t in flood zones. This represents a large number of people who are getting flood damage outside these zones. This makes it essential for everyone to have a policy to protect themselves against repair or rebuilding costs. 

The National Flood Insurance Program

When you get flood insurance, you don’t have to worry about the insurance company paying out. These policies are backed by the National Flood Insurance Program, giving them federal protection. This insurance can give you peace of mind because you’ll know you have high-quality protection in case of flooding. Because the insurance comes with government backing, you can always count on it. 

Get Flood Insurance Today

If you need a flood policy for your home, call us at LeapFrog Insurance in San Antonio, TX to learn more and get started.

The Importance of Flood Insurance: Protecting Your Home and Finances

Living in San Antonio, TX, you may think you’re not at risk for a flood disaster. However, floods can happen anywhere, even in low-to-moderate flood-risk areas. Nature is unpredictable, and it can strike suddenly and without warning. Without proper protection, floods can cause extensive damage to your home, and you may face a severe financial burden. LeapFrog Insurance explains the importance of flood insurance and how it can help protect your home and finances.

1. Floods Can Happen Anywhere:

In 2017, Hurricane Harvey caused extensive flooding in several areas of Texas, including San Antonio, costing Texans billions of dollars. And the cost goes beyond the damage caused by the floods. You may incur additional expenses for temporary housing, food, and other necessities while your home is being repaired. Flood insurance can cover these costs, ensuring you’re not stranded during a crisis.

2. Standard Home Insurance Doesn’t Cover Flood Damage:

Many people assume that their homeowner’s insurance policy includes flood coverage. However, this is not the case. Most standard home insurance policies do not cover damage caused by floods and other natural disasters.

3. Peace of Mind:

When you purchase flood insurance, you’re not just protecting your home and finances, but you’re also protecting your peace of mind. Floods can cause extensive damage, and the recovery process can be long and stressful. With flood insurance, you can rest assured that you’re covered and have a safety net in case the worst happens.

Flood insurance is an essential investment for homeowners and renters in San Antonio, TX. By purchasing flood insurance, you can protect your home, belongings, and finances from the risks of flood damage. Contact LeapFrog Insurance today to get the flood insurance coverage you need.

What Does Commercial Insurance Cover?

The agents at LeapFrog Insurance serving the San Antonio, TX area want you to know the importance of having a commercial insurance policy as a business owner. Commercial insurance is designed to help you as a business owner avoid any financial loss or liabilities due to various disasters.

What Does Commercial Insurance Cover?

There is an array of different coverage options when it comes to commercial insurance. Below is a detailed list of the most common commercial insurance coverage options.

Commercial Auto Insurance

A minimum amount of liability auto insurance is required in Texas, which means you must have at least a minimum amount of liability auto insurance in place for any vehicles owned by your business or vehicles that are used for business purposes.

Commercial Property Insurance

Commercial property insurance is created to protect business owners from losing their livelihood. This is because it will help your business safeguard against any damages or losses from something like a natural disaster, an act of vandalism, a fire, or even a burglary. If you lose any inventory or equipment, this type of insurance will come in handy to help your business get up and running again much faster.

Commercial Liability Insurance

This type of insurance is imperative for all business owners to have in place because injuries do happen. For example, if someone falls at your business, they can sue you for any injuries they sustained. This type of insurance will help you with any lawsuits or other legal claims that are filed against you and your business. It will help you pay for any bodily injuries or property damage due to your business or someone working for your business.

Contact LeapFrog Insurance

To create the best commercial insurance policy for you and your business, contact the commercial insurance experts at LeapFrog Insurance serving the San Antonio, TX area today!

Life Insurance Options in San Antonio, TX

If you are a San Antonio, TX resident, have you considered what would happen to your family in the event of your passing? Perhaps you feel overwhelmed, but you don’t have to go through this alone. LeapFrog Insurance is here to help you choose suitable life insurance options to fulfill your needs.

Why is life insurance important?

Life insurance helps to secure your loved one’s financial situation should the unthinkable happen. It’s a simple concept where you agree to pay a monthly or yearly premium. In exchange, the insurance company guarantees to pay a lump sum of money to your beneficiaries upon your passing. This payout can help alleviate the financial stress of funeral expenses and outstanding debts and support your family during this difficult time.

Term Life Insurance

If you’re looking for an affordable option, consider term life insurance. This type of policy provides coverage for a specific term, usually between 10 and 30 years. It’s an excellent option for those needing coverage for a temporary period, such as families with young children or individuals with a mortgage.

Whole Life Insurance

As the name suggests, whole life insurance provides coverage for the entirety of your life. It’s a more expensive option, but it comes with benefits such as a guaranteed death benefit and the potential to earn cash value over time. It’s a good fit for those who want lifelong coverage and are willing to pay a higher premium.

Universal Life Insurance

This type of policy allows you to adjust the premium and death benefit as your needs change throughout your life. It’s a good fit for individuals with evolving financial needs, such as those who are self-employed or expect changes in income.

LeapFrog Insurance can assist you with all of your n San Antonio, TX, life insurance needs. Contact us today to discuss your options and get a personalized quote.

Three Myths About Home Insurance You Need to Know About

At LeapFrog Insurance, serving the greater San Antonio, TX region, we have seen how myths can affect people’s decision-making process regarding purchasing home insurance. These myths may make people believe that they have all the coverage they need when they may need more coverage or different types of insurance products.

Here are three myths about home insurance you need to know if you want to purchase a home insurance policy. 

Homeowners Insurance Covers Every Type of Natural Event

One of the biggest myths surrounding home insurance is that home insurance covers every type of natural event. In most cases, home insurance excludes many types of natural events, such as flooding caused by heavy rains, rivers flowing over their banks, or earthquakes. You need a separate policy or an add-on policy to cover these types of events. 

Homeowners Insurance Covers Everything Stored in a Home

Another common myth about home insurance is that everything in your home is covered by homeowners insurance. If you have expensive items, such as fine art, collectible coins, or jewelry, your pieces may exceed the policy limits of your home insurance policy, and you may need separate coverage for those items. 

Homeowners’ Insurance Covers Tenants or Renters

The final myth surrounding home insurance policies is that these types of policies cover tenants or renters. They do not. Your renters or tenants need a renters insurance policy. Your policy will not extend to any renters or tenants in your home, regardless of whether they are renting a room or the entire house. 

As you look to purchase home insurance, it is essential to fully understand what is covered and what is excluded in a policy. Here at LeapFrog Insurance, serving the greater San Antonio, TX, our knowledgeable insurance agents can work with you to help you fully understand insurance policies and any exclusions they may have, allowing you to find the best insurance policy for your specific needs. Call us today to start the process of finding the right insurance policy. 

I don’t have any employees and my business is online. Do I need commercial insurance?

Most businesses can benefit from some form of protection and insurance. However, you and your needs and preferences are the best determinants for the type of insurance coverage you need. Our San Antonio, TX team at LeapFrog Insurance is committed to helping businesses get the necessary insurance coverage. 

What is Commercial Insurance?

Commercial insurance is designed to provide protection for businesses through coverage for the business itself and the company employees. Businesses can be like fingerprints, each unique in its own way, even if there are similarities between businesses. Fortunately, commercial insurance isn’t a one-size-fits-all type of insurance. Commercial insurance is designed to meet a business’s unique and not-so-unique needs. 

I don’t have any employees, and my business is online. Do I need commercial insurance?

Online businesses aren’t exempt from problems and issues. Instead, online businesses have problems that are unique to online businesses. Commercial insurance can provide coverage that even online businesses can benefit from. Commercial insurance can protect your business transactions and services if you sell a service, product, or both. Commercial insurance can also provide liability coverage. Both financial and legal protection are benefits of commercial insurance. If you sell products online, commercial insurance can protect your inventory. For example, if you have digital/intellectual property or inventory that could be stolen or corrupted, commercial insurance can provide protection for online businesses with digital property or inventory. Commercial insurance can cover supply chain problems, job-related injuries, and liability claims and problems. Even if you don’t have employees, commercial insurance can provide protection for you as a sole business owner. You are your own employee. If you have questions about the benefits of commercial insurance, call us. We can help you explore your options. 

Life Insurance and Cancer: What You Need to Know

If you or someone you love has been diagnosed with cancer, one of the first questions that may come to mind is, "Will I still be able to get life insurance?" The good news is that individuals with cancer can purchase life insurance in San Antonio, TX. However, it’s essential to understand that the process can be complex, and having a knowledgeable life insurance provider is critical. 

Can I Be Approved for Life Insurance With Cancer? 

The answer depends on many factors, including the type of cancer diagnosis, how far along it is, and what kind of treatment plan has been recommended. In some cases, an individual recently diagnosed with a mild form of cancer may be able to acquire life insurance without any restrictions. It may also be possible for those with more severe forms of cancer to obtain coverage after they’ve gone through treatment—but this will depend on the specific details of their case. 

Working with an experienced provider like LeapFrog Insurance is important when applying for life insurance after a cancer diagnosis. Our team has extensive knowledge in the field and understands how challenging this process can be. We will take the time to review your case and help you explore different options so that you can make an informed decision regarding your coverage needs. 

Cancer can be a scary experience, but having life insurance can provide peace of mind during this difficult time. At LeapFrog Insurance, we understand how complicated this process can be. If you are in San Antonio, TX, and have been diagnosed with cancer, we are here to help. Contact us today to learn more about our comprehensive life insurance services designed specifically for individuals with pre-existing conditions.

What are the Benefits of Home Insurance?

If you own a home or have looked into owning a home, you have probably come across the topic of home insurance. Home insurance is one of the few types of insurance people are most familiar with. You might have a little idea of what home insurance is, but do you know the benefits of having home insurance?

Top benefits of home insurance

Dwelling coverage

Homeowner’s insurance helps cover the inside and outside of the building. If something happens to your house, such as a natural disaster or a fire, dwelling insurance will cover the repair costs for your home.

Other structures coverage

If you have other structures on your property, such as a shed, fence, or detached garage, your insurance will cover it.

Loss of use coverage

Sometimes, things happen that make your house unusable for a period. When this happens, you need a place to stay. This is where the loss of use coverage comes in handy. It takes care of some of your living expenses while you wait for your house to become livable again.

Personal property coverage

Personal property refers to your belongings, including jewelry, electronics, furniture, appliances, and more. If your belongings get lost in a fire or stolen, your insurance can cover them up to a predetermined limit.

Liability coverage

Accidents happen. Liability insurance can come to the rescue if someone gets hurt on your property. It covers medical costs or damage to another person’s property. It also covers you in the event of a lawsuit.

Contact us

For more information about home insurance, contact us at LeapFrog Insurance in San Antonio, TX.

Required Commercial Insurance in Texas

Owning a Texas business comes with a lot of different responsibilities. You have to take care of so many things that you may have put off getting the commercial insurance you need to protect your business. There are many types of policies that you should have to protect yourself financially, and there is one type of commercial coverage that might be required for your business to have. You need to be familiar with this type of insurance and whether you need it to operate legally. Call us at LeapFrog Insurance in San Antonio, TX when you need commercial coverage for your business.

Commercial Auto Coverage

When your business owns a vehicle, you must have a commercial auto policy. This goes for every car that your company owns. This policy must have an amount of property damage liability coverage and bodily injury liability coverage. Having these in place will keep you legal, but it may not be enough to pay for a severe accident. It’s often recommended that you add to these types of coverage and get other types, such as collision coverage. This covers the damage to your business vehicle. If you have a vehicle that your company doesn’t own but is often used for work, a personal policy may not pay out after an accident. You may need a policy called hired and non-owned coverage covering that vehicle. This type isn’t required by law, but it’s often needed. 

Workers’ Compensation

Texas is one of the few places where workers’ compensation insurance isn’t required if you have employees at your business. However, it’s highly recommended that all companies with employees have this insurance. It pays for the medical bills of those employees who get injured while working. 

Get Commercial Coverage

Call us at LeapFrog Insurance in San Antonio, TX to get started.