Why Whole Life Is An Investment In Your Future

If you have considered purchasing life insurance to help protect your family or loved ones from financial hardship in the event of your passing, you should learn which type will work best for your situation. If you want to give yourself an extra layer of protection, you can choose to purchase whole life.

Choosing Whole Life Insurance

If you want to purchase a policy that will allow you to borrow against the value of the policy after a few years of paying premiums, then whole life may be the right option for you. This is an excellent choice for people who want to invest in the security of their future. The funds can be used for emergencies and even college expenses. It is a way to protect loved ones from financial hardship and cover any expenses that may arise in the future. 

Purchasing The Right Insurance Coverage

If you are planning to shop for a whole life insurance policy, you should enlist the help of a licensed life insurance agent who has plenty of knowledge and experience. If you are a resident living around the San Antonio, TX area, you should contact LeapFrog Insurance to get additional information about your policy options. Their agents have the skills you need to get you the right coverage. They will provide top-notch customer service and assist with any claims.

If you want to give yourself a chance to provide a more secure future for your loved ones and have the option to borrow from your whole life policy, you should call or stop by LeapFrog Insurance. They proudly serve the residents of San Antonio, TX and are waiting to help you find ideal coverage. 

How Do You Buy Flood Insurance?

If you are looking to purchase flood insurance in San Antonio, TX, you can purchase it through an agent or insurer participating in the National Flood Insurance Program, such as LeapFrog Insurance. You aren’t able to purchase a policy directly from the NFIP or the government on your own.

There aren’t any restrictions on who can purchase a policy. You don’t need to live in a high-risk area of a floodplain in order to purchase a policy. However, due to the cost of the policy, many of those who purchase flood insurance are those who live in a high-risk area.

Buying Government Flood Insurance: If you are purchasing through an agent with the NFIP, premiums will be the same no matter what agent or insurer you are going through. Rates are determined by the NFIP and will depend on different predetermined factors, such as the year your property was built, the value of the property, and the flood risk. Even though there isn’t a rate variation for the same properties, you want to work with an insurer you feel comfortable with if you ever have to file a claim. When you sign up for coverage, it won’t go into effect until 30 days after you sign up. You shouldn’t wait until you need the policy to purchase it. The coverage is reliable but it’s important to note that it won’t cover additional living expenses if you are displaced after a flood.

Buying Private Flood Insurance: Some insurers have also started to sell insurance that is separate from the NFIP. These premiums could be less or more expensive than other insurance options, depending on how much insurance you want for your home. Some of the pros can be higher claim limits available and a shorter waiting period, but there are some risks associated with these policies and they’re not available to everyone.

Contact LeapFrog Insurance, serving San Antonio, TX, to get a quote on flood insurance. 

Startups Need to Invest in Commercial Insurance

For startups, owners need to focus their efforts on everything the business needs to grow and do well. Issues like staff, equipment and building inventory demand daily attention for the business to be successful. An important piece for startups to invest in is adequate commercial insurance. These are combinations of policies designed to protect different aspects of the business as it grows. Most plans are focused on three areas:  property, liability and workers compensation.  The property coverage addresses any physical structures, inventory, and equipment. Liability coverage is used to protect the business in the event someone is injured on the property or by one of their products due to negligence.  It also addresses cases of copyright infringement, libel, and slander.  Employees have workers compensation if they are injured on the job.  Corporate fleet vehicles will need commercial auto insurance. The team at LeapFrog Insurance work with business owners in the San Antonio, TX area to get the right coverage.

As the startup begins to mature, its commercial insurance needs will also change. This is why policies should be periodically reviewed. Specialized policies may also be needed if the business is a professional corporation such as a physician’s office. At LeapFrog Insurance, the agents will recommend the best coverage for your business.  By investing a little time with the agent, the startup you are nurturing will be protected from a variety of threats. A great place to start is by visiting their website for basic information. Next, call or come by the office to speak directly with an experienced agent. They will answer any questions and guide you to the policies you need.  Don’t wait until it’s too late, call or come by today to protect your growing startup.

Does Classic Car Insurance Cover Specialty Parts?

Classic car insurance is a subset of typical auto insurance that was created to cater to the insurance needs of the classic car owner. These policies are customized to cover expensive parts, expensive cars, and difficult issues that are typical to only classic cars. For those that live in the San Antonio, TX area, the agents with LeapFrog Insurance can help you to get the policy that works for you.

Specialty parts are not uncommon in classic cars and as such, they are almost always covered on classic car policies. The key to making sure that your specialty parts are covered is to take the time to fully and completely list any parts that may need special coverage on your policy so that your agent can create a policy that is going to cover every part of your car. These policies are designed to make sure that they cover the car itself, any special parts that are going to be needed to repair or rebuild if it is destroyed, and any other special considerations.

Classic car policies are as unique as the cars that they cover and are going to be specific to each car. When you work with an agent to create your classic car policy you should take the time to list any special parts that are uncommon to the car, any special accessories that you might want to take more coverage on, and any modifications that affect the overall value of the car.

For those that live in the San Antonio, TX area, the agents with LeapFrog insurance can help you to get the policy that is going to work for you and that is going to fit the car that you have and any specialty parts that you may have added to the car.  

Is Recreational Insurance and RV Insurance The Same Type of Protection?

If you are looking for recreational insurance in the San Antonio, TX or surrounding areas, leap over to LeapFrog Insurance. There you will find the knowledgeable agents who can answer all of your questions about recreational insurance as well as all of the other types of insurance we carry to protect you, your family, your possessions, your business and your property. It all depends on what types of responsibilities you have. 

Recreational insurance includes protection for outdoor sporting activities or industries. People who are engaged in these industries such as guided snowmobile touring, ropes and challenge courses. climbing gyms, fishing guides and outfitters, canoe and kayak rental, bicycle touring and rentals, and general sports and recreation may be interested in purchasing this type of insurance. This type of insurance can protect the business owner as well as the enthusiast who participates in the aforementioned activities quite frequently. 

Having a working knowledge of the type of insurance you are in the market for is critical. Recreational insurance may connote recreational vehicle insurance to some. Recreational vehicles, RV’s require special insurance as well. Some refer to the specific type of insurance as Recreational Vehicle insurance or RV Insurance. This subhead of insurance includes ATV’s or all-terrain vehicles, snowmobiles, jet-ski’s, other than boat watercraft, etc. Be clear on where your liability and vulnerable areas lie in your situation before speaking with an agent.   

Insurance protection should always be discussed with a professional so that you are aware of how your protection works in your individual situation. If you are in the San Antonio, TX or surrounding areas, come into LeapFrog Insurance today to discuss your insurance needs. We are located at 5727 Farinon Dr. Ste A San Antonio, TX 78249. Contact our knowledgeable agents today.

Choosing The Right Commercial Insurance

Choosing the commercial insurance for your business in San Antonio, TX is not a decision that you want to make lightly. After all, the right insurance policy will protect your financial investments more effectively. Otherwise, you run the risk of having to shut your doors forever because of one accident and financial ruin.

At LeapFrog Insurance, we are here to help you every step of the way. It all starts by analyzing your business to understand how you are unique. You may have commercial property that needs to be insured, several commercial vehicles, and much more.

Liability insurance is commonly acquired for any business. This will protect you if your employees damage property that belongs to someone else or if someone, such as a customer or client, it injured on your property. This is absolutely critical coverage to have because you never know what could happen.

You also want to look at protecting your inventory so that if something happens, you have the ability to file a claim and get reimbursed for inventory, allowing you to get back to business faster. Business interruption coverage should be explored, too. If you are kicked out of your building as a result of a flood or fire, you can’t earn an income. However, with this type of coverage, you can still get paid. It may be exactly what is needed to make sure that your business doesn’t suffer too heavily.

With so many different options, it can be an overwhelming decision. This is why it’s important to work closely with an independent insurance agent who will be looking out for your best interests.

There are plenty of ways for you to protect your business in San Antonio, TX. Contact us at LeapFrog Insurance today so that we can begin reviewing your business and making insurance recommendations.

 

Over 40? You Can Still Get Life Insurance

You just had your 40th birthday party in San Antonio, TX and you don’t have a personalized life insurance policy. Thankfully, you can still find high-quality coverage from LeapFrog Insurance that will protect your family if you suddenly die.

You’re Never Too Old to Buy Life Insurance

You may assume that once you turn 40, you simply cannot buy a life insurance policy. That is simply not the case. Many insurance companies will typically write policies for people well into their 60s. At that point, it is harder to get a policy, so make sure that you buy one sooner rather than later to avoid higher costs and steeper premium payments for your coverage.

Consider Online Shopping to Improve Your Rates

Few people consider the benefits of shopping online for their life insurance policies. This option is often a great choice because you can find companies that you wouldn’t have expected or known about before your search. Just as importantly, you can typically find many deals that will provide you with specialized coverage at a discounted price.

Personalized Coverage is Wise

If you have a life insurance policy through work, you may think that you have all the coverage that you need. Unfortunately, that is rarely the case. Most work-based life insurance policies aren’t that high-paying, which could leave your children and your spouse in a tough financial situation. Therefore, you should seriously consider buying a personal policy to expand your coverage options.

You Can Find a Great Policy

If you have tried to work with San Antonio, TX insurance companies or others in the area and simply cannot find the coverage that you want, stop your search with us at LeapFrog Insurance. We will work hard to identify the best life insurance policy for your needs.

The Right Way to Insure Seasonal Homes

San Antonio, TX, can be a great place to live, but sometimes you want to get away. That’s why so many people like vacation homes. As wonderful as it is to have a getaway, the vacation home needs insurance. LeapFrog Insurance has a couple of tips to help you avoid the worst of bad insurance policies.

Protect It

Empty homes are inherently more dangerous to insure. The chance of burglary, squatting and unattended damages all go way up when no one is around. That last is particularly troublesome. If a pipe burst and no one notices, you can be looking at massive damages. Insurers don’t like to be on the hook for that. As a result, vacation homes often have higher insurance premiums than primary residences. You can attack those costs by showing the insurance companies how protected your home is.

The best thing in the world is to have live-in caretakers. That’s obviously not viable for every home, so you can also consider a robust security system. Anything that makes the prospect less risky to the insurer is likely to help you save money.

Realize the Cost of Renting

Since an empty house is a higher risk, you might be tempted to seasonally rent the house and save on insurance costs. This is a two-edged sword. Once the house is rented, it becomes a commercial property, and all of the rules change. Tax structure, minimum insurance requirements and potential liabilities all enter the equation. It’s still possible that you can rent seasonally and come out ahead, but it’s important to realize that it’s a complicated animal.

The most important thing to remember is that you can talk to your LeapFrog Insurance agent. They can help you find the best plan for your vacation home and your assets in San Antonio, TX.

 

Can Commercial Insurance Help Your Online Business?

New online businesses spring up every day in San Antonio, TX. At LeapFrog Insurance, we feel it’s in your best interest to obtain a professional commercial insurance policy for your online business no matter how large or small your operations. Commercial insurance can only help your online business, and here’s how.

Your Online Business Comes With Risks

Every business comes with risks, and your online business is no exception. Even if your online business consists of nothing more than small-scale personal e-book sales, you create risk and take on liability, often in surprising ways. You may not even realize the number of risks your online business creates. Here are some examples:

  • Causing harm, mentally or physically to someone
  • Reneging on a promise of delivery, even accidentally
  • Claims that your service or product is damaging or defective
  • Claims of copyright or trademark infringement

Those are only a few of the potential risks your business can face. Many online businesses can fold completely from even one claim, even if the claim is fraudulent.

Commercial insurance can help mitigate the damage, in whole or part, such claims can do to you and your business. It’s important to have commercial insurance that can handle even the unforeseen risks.

Your Online Business Needs Protection

Your business depends on equipment and services that must work in order for your business to work. For example, you will rely on a server, other businesses to provide you the online connectivity you need, and cyber security. Hacking concerns and protecting client information are of the utmost importance.

Commercial insurance packages help to protect you, your business, and even your finances. With proper business insurance options, you can protect your business and business assets from downtime, repair costs, loss of income, loss of data, and various other things. In all these ways, commercial insurance can help.

You should consider commercial insurance in San Antonio, TX a necessity rather than just an option. To learn more about commercial insurance and what type of business insurance coverage is right for you, contact LeapFrog Insurance 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.