Does My Home Insurance Protect Against Floods in San Antonio, TX?

If you’re a homeowner in San Antonio, TX, you may wonder whether your home insurance protects against floods. The answer is maybe. Standard home insurance policies rarely cover flood damage. The water source usually determines whether your home insurance will cover the damage. Here’s what you need to know:

Homeowners Insurance and Floods

If a flood damages your home, your homeowner’s insurance will probably not cover the damage. That’s because most standard homeowner’s insurance policies exclude flood damage. However, if the source of the flooding is something other than water from outside your home, such as a broken pipe, your homeowner’s insurance may cover the damage.

What is a Flood?

A flood is a rise in water level that inundates usually dry land. Heavy rains, melting snow, hurricanes, and severe storms can cause flooding. When these events happen, the water can rise quickly and cause damage to your home.

What Does Homeowners Insurance Cover?

Homeowner’s insurance covers damage to your home and personal belongings from certain events, such as fire, theft, windstorms, and hail. Most policies also cover liability if someone is injured on your property.

Your LeapFrog Insurance agent can help you understand your policy and whether you need additional flood insurance.

How Do I Protect My Home From Flooding?

If you live in an area prone to flooding, purchase flood insurance. You can also purchase flood insurance even if you don’t live in a high-risk area. It protects your home and belongings from water damage caused by floods.

Do you have questions about your home insurance or flood insurance? We’re here to help you. Contact LeapFrog Insurance today.

What Are the Benefits of Home Insurance?

Homeowners often overlook the many benefits of home insurance. But it’s important to remember that your home is the single most significant investment you’ll ever make and should be protected from life’s uncertainties, like natural disasters and other property damage. Here are a few benefits of home insurance you should know about.

1. It Protects Your Main Dwelling

Your home insurance policy will protect your main dwelling in the event of a fire, burglary, or other covered property damage. This means you won’t have to worry about footing the bill for repairs out of your pocket. However, home insurance does not cover damage occasioned by negligence on your part, like a fire you started yourself.

2. It Protects Your Belongings

Your home insurance policy will also protect your belongings from damage or theft. This means you’ll be able to replace any lost or damaged items without dipping into your savings. Keep in mind that there is usually a limit to how much coverage your policy will provide, so be sure to read the fine print.

3. It Provides Liability Coverage

If someone is injured on your property, your home insurance policy will provide liability coverage to help protect you from any legal damages that may be awarded. This can be very important in the event of an accident, especially if someone is injured and requires medical attention.

4. It Covers Additional Living Expenses

If you are forced to evacuate your home due to a natural disaster or other covered events, your home insurance policy will cover additional living expenses. This means you’ll be able to live comfortably in a hotel or temporary housing while your home is repaired.

5. It Gives You Peace of Mind

Knowing you have home insurance can give you peace of mind if something goes wrong. Whether it’s a broken window or a stolen computer, you’ll know your policy will help cover the cost of repairs or replacements. This can give you peace of mind knowing that you’re protected financially in the event of an accident or disaster.

LeapFrog Insurance is a leading home insurance provider in San Antonio, TX. We are proud to offer our customers the many benefits of home insurance coverage. Contact us today to learn more about our policies and how we can help you protect your home.

 

 

Changes That Affect Home Insurance Needs

Change is inevitable. When it comes to home changes, it means you have to update your home insurance. One of the best ways to ensure that your home insurance is adequate is to talk to your insurance agent to spot gaps in your policy. For San Antonio, TX homeowners, most have made LeapFrog Insurance their preferred insurance agent because we always keep clients updated on home insurance needs. Today, we are looking at changes that mean you have to update your home insurance.

When you welcome a furry friend

Bringing a pet to your home is one of the most exciting in life. However, if your pet can bite, you need to update your home insurance. Why? A dangerous pet means that the risk of inflicting injuries to other people is high. As such, you need to increase the liability coverage of your policy to cover you when your pet misbehaves.

You have added jewelry

Inherited a diamond necklace from your grandma? Or perhaps you have an expensive engagement ring? Either way, you need to update your home insurance. Let’s explain the reason behind it. Your home insurance provides limited coverage to your jewelry. As such, you need a rider or endorsement to give maximum coverage to your high-priced assets.

Added a swimming pool

When the weather is hot and calm, floating in the backyard swimming pool might seem like the perfect way to crown your day. However, adding a swimming pool has insurance implications because it increases the risk of liability claims. If you have never considered umbrella insurance, it’s time to consider the thought now that you have a swimming pool.

Construction price changes

A spike in the local construction costs increases the replacement cost of your home. As such, don’t forget to buzz your insurance agent to update your policy.

Support when you need it

It can be confusing to decipher the changes that affect your home insurance policy. Luckily, if you are in San Antonio, TX, you can make LeapFrog Insurance your preferred insurance agent to help you navigate home insurance.

Why should I get home insurance in San Antonio?

The San Antonio, TX area is one of the fastest-growing metro areas in the country. Along with this, there are great local amenities and a strong job market. This can make San Antonio a great place to buy a home and live. If you do buy a property here, you will want to make sure that you insure it properly. There continue to be many great reasons why you should get a home insurance plan here.

Insurance Protects Asset

A key reason why people should get home insurance here is that it can protect their assets. Anyone that is going to purchase a property in this area of Texas will be making a major investment. If you are going to purchase a property, you’ll want to know that it is covered. With a proper home insurance plan, you’re going to get the protection you need to mitigate the risk of damage due to fire, storm damage, vandalism, or other types of risks.

Comply with Insurance Requirements

You should also get a home insurance plan so you can stay in compliance with your insurance requirements. Most people that purchase a property will take out a mortgage and may also live within a home association. In either scenario, you will want to know that you have proper coverage and comply with insurance rules set forth. 

As you are looking for a home insurance plan in the San Antonio, TX area, it would be helpful to call the team at LeapFrog Insurance. If you do speak with LeapFrog Insurance you can learn more about your home insurance needs and options. Their personalized guidance will provide the support you need to choose a plan that is right for your situation and will properly protect your home. 

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. 

Hosting A Party, Do I Need To Tell My Insurer?

Different home insurers in San Antonio, TX will have different rules on when you’re supposed to inform them that you’re having a party, but as long as you follow the maximum occupancy and the fire code, you’ll have a hard time finding an insurer that simply doesn’t allow you to host a party or an insurer who lays down special stipulations for you to follow.

If you’re not sure where your insurer stands on the matter, you could read your policy back to front, or you could just go ahead and give them a call anyway.

The truth is that your insurer generally has your best interests in mind. If something goes wrong, they have to pay for it, so all they really want to do is help you to stay safe, and you’ll find that honesty is the best policy when dealing with your insurer.

If something goes wrong at your party and you need to file a claim, the worst that can happen if your insurer knows about it is, assuming those damages are not listed as an exclusion, anything. If you’re covered you’re covered. But if you were supposed to tell them you were hosting sixteen, twenty people for the Superbowl, and you neglected to inform your insurer, you might wind up having your claim denied.

This is usually the case. If the line seems blurry, you’ll always be happier you told your insurer.

If you’re still shopping around for a home insurer in San Antonio, TX, give LeapFrog Insurance a call. LeapFrog Insurance can connect you with the policy that you need to host a safe, fun party for your housewarming.

3 Steps to Buying Home Insurance

One of the most costly mistakes you can make is not purchasing sufficient home insurance. Home insurance protects your dwelling and personal property. It also protects you against liability claims if someone has an accident on your property. Whether you purchased a new home or are reevaluating your current home insurance needs, these steps from LeapFrog Insurance in San Antonio, TX can help you make wise home insurance choices. 

Appraise the Value of Your Home

Appraise the value of your San Antonio home to know how much dwelling coverage to obtain. Ideally, you should have enough dwelling coverage to rebuild your home if it’s totally destroyed in a disaster. This includes structures attached to your home such as a deck, porch or garage and renovations you may have made to your property.    

Make a Home Inventory of Personal Property

Next, make a home inventory of your personal property. Your inventory should include photos, videos, and receipts, if possible, of high-end goods you own. If you have heirlooms or antiques, have them appraised so you know their value. Then assess how much it would cost to replace your goods if they were totally destroyed in a disaster. This will give you a good idea of how much property coverage you should obtain to protect your belongings.

Liability

Liability coverage protects you against accidents on your property. A simple accident could wind up as a major liability claim that costs you thousands of dollars. A standard homeowner’s policy offers minimum liability coverage. By increasing this coverage substantially, you can protect yourself against serious accidents. Liability coverage also protects you against lawsuits if someone decides to sue you for damages.

Don’t compromise on your home insurance protection. For comprehensive home insurance coverage at affordable costs, call or visit your LeapFrog Insurance agent in San Antonio, TX today.

Surprising Things Your Home Insurance May Cover

Homeowners insurance in San Antonio, TX is necessary to protect your home and other assets. You will see that it protects you from a wide variety of things, such as fires and vandalism, but there are also some surprising things it protects you from. An agent at LeapFrog Insurance can answer questions about what may or may not be covered in your policy.  

Patios and Sheds: Your policy not only protects your home, but it covers your entire property, which includes sheds, patios, and gazebos. Be sure to document these structures in your policy to ensure that they are covered.

Student Property: Your policy will cover every member of your household, including a student away at college. Students that live in an on-campus dormitory will have many of their personal belongings covered under their parent’s policy.

Tombstones: Grave markers are considered personal property and are covered under most policies. There is a limit on coverage, and if the tombstone is damaged by the cemetery’s landscaping equipment, then that is covered under their fund. Check the source of damage, but if it’s because of vandalism you can make a claim.

Anything You Travel With: No matter where your belongings go, they are covered. If your laptop is stolen while on vacation, you are covered. Remember that for pricey items it is a good idea to get a rider, so you have enough coverage.

Spoiled Food: If a big storm blows through and you lose power, the food in your refrigerator will have to be tossed. Many policies will cover the cost of replacing the food, but make sure you note the deductible.

Volcanoes: There are some disasters that aren’t covered, such as earthquakes, and even though this may not apply in San Antonio, TX, rest assured that even some unique natural disasters could be covered.

Contact LeapFrog Insurance to get a quote on home insurance.

 

 

What Happens to Your Homeowners Insurance When You Retire?

Your homeowner’s insurance protects you from covered risks including theft, liability claims, and vandalism. When you retire, your insurance needs may change. Most insurance providers charge lower premium rates for retirees. It is, therefore, wise to update it. They assume that after retirement, people have more time to perform maintenance on their homes and that they are home most of the time. They can, therefore, detect fires or attempts of theft fast. If you live in San Antonio, TX, contact LeapFrog insurance to get insurance quotes for a policy that suits your new needs.

Homeowners Insurance After Retirement

If you are planning to move to a new home after retirement, you need to get a new policy. Your new home may have different needs and risks from your existing ones. Your insurance provider will use the specific details of your new home to calculate your premium rates. If you are moving into a gated community or in a safe, easily accessible place, most insurers will give you a discount. Homes that are far from a fire department may be more expensive to insure.

After retirement, you probably don’t need your mortgage insurance anymore. If you have already paid your mortgage, it is a waste of money to keep the insurance policy.

Review your homeowner’s insurance with the help of a professional insurance agent to determine whether it still offers you enough coverage. Consider your new lifestyle and new risks if any, and get an insurance policy that covers them. By the time of retirement, you probably have more personal property than you did when you first took the policy. Get a personal property coverage that gives you sufficient protection.

Contact LeapFrog Insurance for your San Antonio, TX homeowners insurance needs. Our agents are ready to answer your questions and get you started on a policy.

In What Cases is Home Insurance Required?

Home insurance, though very beneficial, is not always required by law. It is simply recommended. In other cases, you are required to have some coverage. There are also some cases in which you are required to have home insurance and to know what these cases are is the best way to make sure you are fully covered. For those that live in the San Antonio, TX area, the agents with LeapFrog Insurance can elaborate on instances in which you must have home insurance.

The most common instance in which you are required to hold home insurance is in the case that you have a mortgage on the property. This means that the bank or other lender has loaned you money to purchase the property or home and therefore you are required by the lender to have insurance to protect the investment. The bank or lender will require that the home or property be insured at least for the amount of money that is still out on loan. If you have a home that is worth $200,000 and you only owe $100,000, you must have insurance for at least $100,000.

This is to protect the lender should something happen to the property in which they cannot recoup their investment from the property itself. If your home is destroyed, you are going to be able to collect your insurance and pay off the remainder of the mortgage. Each year you can have your coverage adjusted, and you can make sure you have enough to recover should something happen to your home.

For those in the San Antonio, TX area, the agents with LeapFrog Insurance can help you get the correct amount of coverage you need for your home and your property. Reach out to our offices for more information or start your home insurance quote online today.