What does flood insurance cover?

The thought of losing everything in your home, and your home itself to a flood, makes most people’s blood run cold. In order to protect your investment in real estate, you need to have flood insurance. In San Antonio, TX, Versatile Insurance Planners is an independent agency. We are locally owned and operated, and we offer products from the top carriers in the business. We provide our customers with personalized service to fit their insurance needs. 

Flood insurance is available from the NFIP (National Flood Insurance Program). You can purchase it directly from the NFIP or you can purchase it through approved agents. Beyond that, other companies offer flood insurance not backed by the NFIP.  Two different types of policies are offered. The first type of insurance is building insurance and the second type is content. The NFIP insurance has limits on coverage, if you need more coverage than they offer, you can go with an insurance company providing that coverage. 

Building Flood Insurance Coverage

Building flood insurance covers the physical structure of your home. This includes the major systems, plumbing, heating, and electrical. It will cover your furnace, air conditioner, and water heater. Your foundation is included in this coverage and your roof. If you have a fuel tank, solar panels, or water tank, these are all covered. If you have a detached garage or deck this is also covered. Appliances like a built-in dishwasher, refrigerator, and stove are included. Flooring that is permanently attached like wall-to-wall carpet is covered as are built-in bookcases and cabinets. 

Contents flood Insurance Coverage

The contents insurance coverage helps you to replace things like your clothing, electronics, and furniture. Your washer and dryer, portable dishwasher, microwave, and window air conditioning units are covered. Rugs that are not permanently attached to the floor and curtains are also included. 

Contact Versatile Insurance Planners in San Antonio, TX to discuss the best flood insurance option for you. 

What Does Commercial Insurance Cover?

You enjoy the freedom that operating your own business brings, and you want to protect your business and the investment of time and money that you have spent. The commercial insurance agents at Versatile Insurance Planners in San Antonio, TX can assist you in determining which commercial insurance coverages you want for your business.

Commercial Auto Liability Insurance

In Texas, you do not have to obtain worker’s compensation insurance for your employees, but you do have to secure an auto liability insurance policy for any vehicles that are owned by your business. It is also a good idea to ensure that any vehicles that are used for business purposes also have an auto liability insurance policy in place as it is the law in Texas for all drivers to have it. This type of policy will cover any injuries or property damage that are caused by you or an employee in an accident.

Business Liability Insurance and Business Property Damage Insurance

Obtaining a policy that combines business liability and business property insurance is a great idea. This type of policy will cover any property damage or injuries to a customer or another person that is caused by your business or while at your business. This type of commercial insurance policy will also cover your business, equipment, and products if there is a fire, a natural disaster, theft, or vandalism.

There are several additional coverage options that you can obtain when creating your commercial insurance policy to provide you and your business with even more security and peace of mind, including insurance that will help offset the costs if your business suffers cyber-attacks on your computer system or data breaches.

To create a policy for you and your business and get it started today, call upon the commercial insurance agents at Versatile Insurance Planners in San Antonio.

Do I have to Carry Motorcycle Insurance in Texas, and if so, What is Required?

Do I have to Carry Motorcycle Insurance in Texas, and if so, What is Required?

Residents who wish to operate their motorcycles in Texas are required by law to carry motorcycle insurance. Liability insurance is required by state law. Not all states require drivers to carry motorcycle insurance. However, most do. Versatile Insurance Planners of San Antonio TX are committed to educating motorcycle drivers about the state laws that govern motorcycle drivers. 

State Minimums for Motorcycle Insurance
As stated above, motorcycle insurance is a requirement for all Texas riders. Specifically, liability insurance is required to operate a motorcycle in the state of Texas. Drivers must meet the required state minimums for liability insurance in order to legally drive their motorcycles. Liability coverage requirements for the state of Texas are $30,000 bodily injury coverage per person in an accident. The property damage requirement is $25,000 per accident. 

What Happens if You Drive Without Motorcycle Insurance?
First of all, you are held financially responsible for any damage or injury to other people while driving uninsured. Plus, you forfeit the majority of any claims you could file for pain and suffering or injury. This doesn’t begin to cover any criminal charges you may sustain for injury, damage, or death to others or their property. Plus, it’s illegal to drive without liability insurance in the State of Texas. Generally speaking, you run the risk of facing several charges by not carrying the proper insurance to operate your motorcycle in the state of Texas. We take pride in creating clarity when it comes to state laws that govern motorcycle insurance. We understand that an ounce of prevention is worth a ton of cure. Our team at Versatile Insurance Planners of San Antonio, TX is committed to educating motorcycle operators on liability coverage levels necessary to legally drive a motorcycle in the state of Texas. 

Why would I invest in a motorcycle insurance policy?

When you are in the San Antonio, TX area, having a reliable mode of transportation is very important. One great option that you will have would be to purchase a motorcycle, which is efficient and fun to drive. While this area of Texas is ideal for motorcycle owners due to the warm weather, those that own one still need to have insurance. There are several reasons that you should invest in an insurance policy for your motorcycle. 

Insurance Gives Important Protection

When you get a full motorcycle insurance policy, it will come with several forms of insurance coverage. This will include providing you with coverage for your motorcycle and offering liability protection. If you ever experience a loss or are found at fault in an accident, having this motorcycle insurance will prove to be very beneficial. This can provide peace of mind when using your motorcycle, which will make the experience more enjoyable overall.

Insurance is a Requirement

Another reason that you should invest in a motorcycle insurance policy is that is a requirement for almost everyone. In this state, you will be required by law to have liability motorcycle insurance whenever you want to drive it on a public road. Additionally, if you have any type of financing out against the motorcycle, you will need to get motorcycle insurance to stay in compliance with your loan agreement. 

When shopping for this insurance in the San Antonio, TX area, you should call Versatile Insurance Planners. The team at Versatile Insurance Planners understands how important it is that you get proper insurance coverage. They will be able to explain all of your options to you and help you pick a policy that will provide the right coverage to meet your personal needs. 

Protect Your Business with Commercial Insurance

If you own a business in San Antonio, TX, then you are probably familiar with commercial insurance. If you’re not familiar with the term, then it’s absolutely vital that you not only understand this term but have the coverage yourself. The insurance experts at Versatile Insurance Planners have put together a guide to help you learn the in’s and out’s of commercial insurance and how this type of insurance coverage can keep your business going for the long haul. 

What Does Commercial Insurance Cover?

Commercial insurance, or business insurance, is a type of insurance coverage that provides you financial coverage for your business. This coverage can protect your business’s physical property, reputation, and employees. Here are some of the areas in which commercial insurance can provide coverage: 

  • Injury
  • Property damage
  • Damage done to another business property
  • Legal fees
  • Medical costs
  • Employees who were injured on the job
  • Business equipment

These are just some of the areas in which commercial insurance can provide coverage. The specific coverage type and amount of coverage will depend on the commercial insurance policy you choose. To get a consultation, visit Versatile Insurance Planners. 

Why Is Commercial Insurance Necessary?

Commercial insurance is vital if you plan to keep your business in business. Commercial insurance not only provides coverage for your business’s physical property, but it also protects your workers and business’s reputation. You put everything you have into building up your business, so it only makes sense that you should do everything you can to keep your business afloat. Commercial insurance can help provide that relief. 

Protect Your Business with Versatile Insurance Planners

When you need to find a commercial insurance policy to protect your business, visit Versatile Insurance Planners to help you find the right policy for you and your business. Our office serves the San Antonio, TX area. 

When It Comes to Motorcycle Insurance, It Makes Sense to Go Big!

Summer is here and it’s time to get out on your bike! The team at Versatile Insurance Planners is here to provide motorcycle owners in the greater San Antonio, TX area with the insurance they need. Motorcycle insurance can be confusing, especially because the state-required levels are often inadequate for most people’s needs. Typically, a comprehensive policy is the better option for motorcycle owners who want to make sure they’ve got all their bases covered.

When it Comes to Motorcycle Insurance, Bigger is Usually Better

A primary motorcycle policy that meets all Texas state guidelines may seem like the way to go when you are selecting your insurance coverage. However, that is usually not the case. Many motorcycle owners don’t realize that their coverage is inadequate until it is too late. What makes matters even worse, is the fact that you may be personally responsible for damage if your policy levels are exceeded.

If you want to ensure that you have the protection you need for property and vehicle damage as well as medical coverage for yourself and your passengers, it’s time to look at a comprehensive policy. With a comprehensive policy, you are more likely to avoid a situation where you are personally liable for damages. This can give you the peace of mind you need to get out on your bike and enjoy the open road! Reviewing all of your policy and coverage level options on a regular basis is an effective way to ensure that you have the coverage you need. 

If you are a motorcycle owner in the San Antonio, TX area, give Versatile Insurance Planners a call today. We are here to help you find the right motorcycle insurance to cover all of your needs!

Basics of Flood Insurance

Many mortgage lenders require that you carry homeowner’s insurance. This protects their investment in the property. With this in place, you may feel adequately covered.  There is one further step that you need to take. You need to understand what level of risk your home has for flooding. Flood damage is something that home insurance policies don’t cover.  Our agents at Versatile Insurance Planners work with homeowners like you in San Antonio. We can help you decide if flood insurance is right for you. 

The National Flood Insurance Program was created by Congress to protect homeowners and renters from losses.  Legislators recognized that floods are the most common and expensive disasters facing homeowners. Financially, floods can cause a financial disaster. On average, a 1,00 sq. ft. house that sustains 1 ft. of water will result in $27,150 in damages. Also, 20% of claims for flood damage come from low to moderate risk areas. This is why it is so important to look at the risk data for the location of your home and thoughtfully consider additional flood coverage.

At Versatile Insurance Planners, our agents understand the flood risks in the San Antonio, TX area. They help home and businesses assess their level of risk and whether flood insurance is needed. They can answer any questions that you have and provide options for you. As flood insurance only covers buildings on a property, they can also ensure that your home insurance adequately covers your possession inside of the home. To get started, browse through the information on our website.  When you are ready, contact us! You’ll be presented with the information you need, get questions answered, and be able to make your own decision about flood insurance. It’s good to have a knowledgeable partner to help with the process. Don’t wait until its too late!  Contact us today!

How to Protect Your Business While It’s Under Construction

Significant amounts of financial resources and time commitment is involved in starting and running a business. Protecting your investment should be a priority so your hard work is not ruined by an accident or incident. Understanding what types of coverage that will protect your business will help you make an informed choice when you choose insurance. Choosing a reliable insurance company is a good starting point when you are seeking this kind of coverage.

At Versatile Insurance Planners in San Antonio, TX, finding the right coverage for your growing business is easy. It is important to protect major assets and your business is likely very important to you. We can help you with your insurance needs through all stages of construction.

Commercial insurance

Getting a small package can give you liability coverage which will protect from accidents involving visitors and others who frequent your business. Auto insurance can be included in this type of package. This can be a good standard option for business owners who want to ensure they have basic coverage.

Short-term insurance 

You may only need insurance for a short period of time during construction. There are options for this type of plan. Also, if your business is interrupted by around move or renovation, there are types of plans that can compensate for lost time. There are different options for short-term coverage that can match your needs.

At Versatile Insurance Planners in San Antonio, TX, we have skilled agents that are well versed in all types of insurance for your home, business, or auto and everything in between. We are to help you understand your insurance options and we can answer any questions you might have. Give us a call to speak to an agent today to inquire about a quote for your next policy.

Tips for Buying a Motorcycle Out of State

Long gone are the old days when you would just go down to the local San Antonio, TX motorcycle dealerships and pick one out. The internet has widened our options considerably, and there’s a good chance that your next bike will be found with just a swipe of your finger. But what happens when you find a great motorcycle in a different state? The good news is that you can purchase it legally and still get it registered in Texas, but you’ll need to make sure you’re doing everything right.

Follow these tips from the experts at Versatile Insurance Planners to make the whole process a breeze!

Do Your Research and Ask Questions

Legitimate sellers will be happy to provide you with as much information as possible and answer all your questions. If you’re buying a used motorcycle, you should always be able to get its full history. 

Don’t Buy the Motorcycle without Seeing It

As internet motorcycle sales have risen, so have scams. Even if the seller seems reputable, never make the purchase without going to see the motorcycle in person. If you’re unable to do so, have someone you trust go look at it for you. If you simply must buy from an online-only marketplace, make sure it is one specifically meant for vehicle sale (i.e. not Craigslist) and is BBB certified. 

Plan for Legal Transportation

Many people choose to have their motorcycle shipped to Texas so they don’t have to register it anywhere else first (you can find reputable motorcycle shippers on Chopper Exchange). If you plan to ride it all the way back to San Antonio, TX, then you will need temporary registration in the state it is purchased in. Call their state DMV ahead of time and bring all the necessary documents with you. You will later be able to register it fully in Texas. 

Talk with Your Insurance Agent Ahead of Time

Every situation is different, and it is important to make sure you’re not heading out on the road without proper protection. Give us a call at Versatile Insurance Planners today to learn more about your motorcycle insurance coverage options both during transportation to Texas and after you get the bike registered here. Don’t let your new purchase go to waste with a lack of good coverage! 



Are there different types of motorcycle insurance?

Do you have a one of a kind motorcycle in San Antonio, TX?

Standard auto insurance is not going to do much to protect your bike in the event of an accident. What are the different types of motorcycle insurance, though? Also, how much coverage is necessary to enjoy the road with peace and confidence? The agents at Versatile Insurance Planners can help with these questions and more!

What is motorcycle insurance?

Motorcycle insurance is an indemnity policy that specifically covers motorcycles in a car accident. These plans are similar to standard auto insurance policies in that they come with policy limits and deductibles that owners must pay before coverage kicks in after an accident. 

Motorcycle coverage differs from a standard auto insurance plan by offering bike owners the chance to cover the gear that is necessary to ride safely. A motorcycle indemnity policy also allows owners to save money on cooling-off periods. It is during these times that owners remain insured for damages that their bikes may sustain while in storage. The policy does not cover car accidents and other incidents on the road during the cooling-off period. 

What are the different types of coverage?

Liability insurance is an absolute must for motorcycle owners who use their bikes to commute on the highways or in the inner city of San Antonio, TX. The state of Texas requires drivers to show proof of at least $30,000 worth of insurance coverage for bodily injury per person. Drivers must show proof of at least $25,000  worth of coverage for property damage. 

Comprehensive and Collision coverages are options for motorcycle owners looking for full coverage. There are also add-ons, such as total loss coverage and trip interruption protection, that further guard you from significant financial loss in an accident. 

The agents at Versatile Insurance Partners can help you find the motorcycle insurance policy to fit your needs. Call us today to get started with a quote!