Is it time to upgrade your motorcycle insurance policy?

San Antonio, TX area motorcycle riders can rely on Versatile Insurance Planners for all of their insurance needs, including motorcycle policies. We want to ensure that our friends and neighbors have the protection they need when they’re out riding their bikes! We provide comprehensive policies, primary policies, and just about everything in between!

Benefits of a comprehensive motorcycle insurance policy

Basic motorcycle policies typically offer the bare minimum of coverage. Motorcycle riders who have recently upgraded their bikes may also want to look into upgrading their motorcycle insurance policy. One of the main benefits of a comprehensive motorcycle policy is the additional protection and coverage for injuries that require medical attention.

Additionally, it’s important to cover your bike from loss, theft, or damage. There is also protection available for coverage in the event of an accident that involves an uninsured driver. Oftentimes, it is much better to be over rather than underinsured. These are just a few of the many great benefits that a more comprehensive motorcycle insurance policy can provide.

Your local agent can go over the available options with you as you determine what type and level of coverage are appropriate for your needs. It is also a great idea to have your bike policy reviewed on a regular basis to make sure that your coverage keeps pace with your needs. 

Let us help with all your motorcycle insurance needs!

Versatile Insurance Planners San Antonio, TX is here to provide you with the information necessary to inform your insurance decisions. There are many benefits to comprehensive motorcycle insurance policies. Call or stop by our office to find out more!

4 things you should always ask your auto insurance agent

Most people let the premium rates influence their decision when choosing an auto insurance policy. This is, however, not advisable as it could lead to you being underinsured thus prone to dangers and accidents on the road just to cut costs. At Versatile Insurance Planners serving San Antonio, TX, insurance agents guide you on balancing adequate coverage and an affordable policy for your car.

Things to ask your auto insurance agent

The following are some of the questions you should ask your auto insurance representative.

Is it the ideal coverage?

Depending on the state, your agent will guide you on the suitable coverages for your car. You’ll need minimum liability coverage for any accident-related issues and to cover the legal fee. If need be, your agent should recommend ideal additional coverage plans depending on your personal needs.

What is covered In case of an accident?

You need the right coverage to get all the benefits of auto insurance after an accident. Ask your insurance representative which policy covers what. Ask about optional coverages like rental reimbursement and roadside assistance and if they are necessary for you. 

Am I eligible for discounts?

Ask your auto insurance agent whether you qualify for a multi-policy discount and whether you have options to minimize the premiums. Find out about your premiums and deductibles so that if you ever file for a claim, the out-of-pocket costs will be within your budget.

Do I need an umbrella policy?

Depending on your assets and personal preferences, you may require protection above and beyond your regular policy coverage. Ask your insurance agent for comprehensive coverage, uninsured and underinsured motorist protection, and collision coverage. There is an option for excess liability coverage for people with valuable personal assets.

An insurance agent is an indispensable resource, so ensure you have the best one to help answer some of your questions regarding the policy. Consult Versatile Insurance Planners serving San Antonio, TX for all your auto insurance needs.

Do I Need to Carry Motorcycle Insurance All Year?

Winters have been chilly down in San Antonio, TX, so you may not be riding your motorcycle as much during the colder months. Versatile Insurance Planners know that everybody could use an extra dollar or two, so you might be considering how to lower your insurance bill for a vehicle you’re using less.

Don’t Drop Your Insurance

Always keep your motorcycle insured. First, your motorcycle is still vulnerable to theft, fire, and other damage while in storage. Getting into a new policy can take time once riding season comes around again, and you might forget that you canceled it with the intent of renewing it later. Saving a small amount is not worth it compared to the potential damage from a stolen bike or riding without insurance.

Options for Variable Coverage

Although you shouldn’t drop motorcycle coverage, your insurance provider will likely have options to reduce your coverage based on your usage. That way, you can keep coverage like theft and fire while avoiding the costs of active usage.

Depending on the provider, the lessened coverage may be something that you discuss with them as needed, or they could have lay-up policies with a preset time period where your bike is expected to be in storage. Some versions might allow you a limited amount of collision and other on-the-road coverage in case you need to use the bike on occasion. The versatility of insurance makes it difficult to tell you all your options without more details, but you can expect a demonstration of lower risk to have some sort of benefit.

Ask an Agent for Help

Insurance agents like us at Versatile Insurance Planners help consumers understand their choices and find a provider with the insurance options that suit their needs. Residents of San Antonio, TX and surrounding Bexar county can contact us at any time.

Auto Insurance Coverage Options in Texas

The Versatile Insurance Planners in the San Antonio, TX area want people to know all about the auto insurance options that are available in Texas as well as the auto insurance requirements set forth by the state.

In Texas, each driver must have at least an auto liability insurance policy in place that will cover a minimum amount of bodily injury and property damage claims if you are involved in an accident that is determined to be your fault.

It is also a great idea to have underinsured and uninsured coverage in place in the event you are involved in a crash that is deemed to be the fault of the other driver and that person either has no insurance at all or very little and cannot cover the damages to your vehicle or the medical bills for you and your passengers for injuries sustained in the crash.

Other Auto Insurance Coverage Options

There are several other types of auto insurance you can choose from, including comprehensive insurance. This type of insurance will pay for any damage to your auto if it is damaged or destroyed a fire, vandalism, or a natural disaster. It will also replace your vehicle if it is stolen. If you have an active loan for your vehicle, your lender or bank may require you to have this type of coverage in place to protect the investment that has been made in your vehicle when they loaned you the money to purchase it.

Collision insurance is another type of coverage you can obtain. This type of coverage will help pay for damages that occur if you are involved in a collision with another vehicle or an object. For example, if you back your vehicle into someone’s garage door and damage it, this type of coverage will help pay for any damage to the garage door as well as the damage to your vehicle.

Call For a Quote Today!

To create the best auto insurance coverage for you and your situation, you should enlist the help of an experienced auto insurance agent to secure your auto insurance policy. The agents at the Versatile Insurance Planners in San Antonio, TX are ready to assist you with all of your auto insurance needs. Call for a quote and appointment today to get your policy started.

How commercial insurance can save my small business

Texas has more than 2.6 million small businesses. In fact, 99.8 percent of all businesses in Texas are small businesses. Each year, thousands of new businesses open, and many of them struggle to stay open. Multiple challenges and hazards face small businesses and, with the right commercial insurance, you have a better chance to save your small business. In San Antonio, TX,  Versatile Insurance Planners has an experienced team that will work with you to customize your commercial insurance for your business. 

Protect your business

If your location suffers damage, think burst pipe, fire, or theft it could put you out of business. If you have commercial insurance, you may still have to close down for a couple of days while repairs are done and supplies are replaced, but you will still be able to do business. If you don’t have insurance, unless you have a lot of cash or credit, you will be out of business potentially forever. 

Surviving a legal suit

If your small business gets sued, how would you get the legal advice that you need to fight the action against you? You can be sued by a client, a vendor, a customer, or even an employee. How would you pay a judgment against you? If you have commercial liability insurance, it will help you to survive the worst-case scenario.  

Business interruption insurance

When a covered peril happens to your business, you may not be able to conduct business for a period of time. When you aren’t doing business, your income flow stops but, unfortunately, your expenses do not. With business interruption insurance, you will be able to pay your bills and to give your employees and yourself a salary. It definitely can save your business.

Contact Versatile Insurance Planners in San Antonio, TX when you are ready to protect your small business. 

4 Auto Insurance Add-ons To Consider

When you buy auto insurance from Versatile Insurance Planners of San Antonio, TX, you hope that it covers every aspect of risks facing your car. Unfortunately, car insurance is broad. As such, it has numerous coverages to consider depending on your situation and budget. For this reason, if you want to boost your auto insurance coverage, here are four add-ons to put your money on. 

Zero depreciation add-on

If your car were involved in an accident today, you would receive compensation less the depreciation factor. This means you have to fork out the depreciation amount from your pocket. However, you can buy zero depreciation coverage to cushion you from depreciation. 

Roadside assistance coverage

Assume your car has broken down far away from home. What would you do? Call friends and relatives? You might do that, but they may not be in a position to help. For these situations, you need roadside assistance coverage to bail you out when your car stalls miles away from home. This coverage provides services like towing, gas delivery, jumpstarting, and other minor repairs.

Engine protect add-on

If you live in an area prone to flooding or waterlogging, this endorsement is suitable for you. While collision or comprehensive coverages may cover your engine against perils like accidents and falling objects, these coverages may not help for calamities like flooding, which fall under consequential loss. And that’s when you need an engine to protect the rider to save the day.

Consumables add-on

Your car uses several consumables, including oils, bolts, pipes, filters, and so on. Unfortunately, these consumables are not covered by the standard auto insurance policy during repairs. Luckily, if you have consumables coverage, your insurance pays for the consumable costs.

Car insurance in San Antonio, TX

Standard car insurance is good, but it’s not enough. That you said, you need to strengthen your car insurance policy with add-ons depending on your situation. If you are in San Antonio, TX and its environs, contact Versatile Insurance Planners for an affordable quote.

Is having a home insurance plan in Texas a good idea?

One of the best long-term investments that someone in the San Antonio, TX area can make is to purchase a home. If you decide to own a home, you will enjoy the long-term price appreciation, stable housing option, and other ownership benefits. If you are going to own a property here, you also need to get insurance for it. Having a home insurance plan is a good idea for several reasons. 

Insurance Protects Assets

A primary reason to have home insurance is so you can have protection for your assets. With home insurance, you will get the coverage you need to repair your property if there is damage from a fire, weather, vandalism, or other situations that result in a loss. You can also receive coverage for your personal belongings up to your policy limit. If you own any collectible or valuable items, they can be covered with an additional policy rider.

Insurance is Required for Many

You should also consider home insurance to ensure you remain in compliance with any requirements. A lot of people will take out a loan when they buy a home. A mortgage provider almost always will have specific insurance requirements. They may also require that you have escrow accounts set up, which ensures you will not have a coverage lapse. 

Choosing a home insurance plan in San Antonio, TX is going to be a big decision for anyone. Those that would like to have this type of insurance coverage here need to call the Versatile Insurance Planners. If you are going to choose a plan in this area of the state, Versatile Insurance Planners can help you evaluate all of your options and needs so you are able to pick an ideal plan for your situation. 

Who should get a motorcycle insurance plan in San Antonio?

Those that live in the San Antonio, TX area know how large the metro area is. Due to this, having a reliable and efficient mode of transportation is important. A motorcycle can be a great option for those in this part of Texas due to the great weather, which makes it a practical option for most of the year. If you get a motorcycle, you should get insurance for a few reasons. 

Cover Motorcycle

A reason you should get this coverage is so you can protect your motorcycle. Anyone that is going to buy a motorcycle will be making a purchase that they will want to cover and protect. When you invest in a full insurance plan for the motorcycle, you will know you are protected if the bike is stolen or you are involved in an accident. 

Legal Compliance

You should also get an insurance plan for your motorcycle to ensure you remain in legal compliance. Similar to other states, drivers here are required to carry liability insurance if they want to drive a motorcycle on a public road. With this coverage, you will know that you have the ability to cover damages in an auto accident. If you do not have this insurance, you will not have the protection and will also be out of compliance with the law. 

Motorcycle owners in San Antonio, TX will need to have the right insurance. As you are looking for a motorcycle insurance policy in this area of Texas, calling Versatile Insurance Planners can be helpful. There are different factors to consider when you are looking for motorcycle insurance and the Versatile Insurance Planners can help you build a plan that will give you the right protection. This will ensure you remain properly covered and can continue to enjoy your motorcycle. 

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. 

Tips When Purchasing Texas Auto Insurance

Purchasing auto insurance can seem overwhelming at first glance. From determining the right amount of coverage to establishing the appropriate auto coverage options to carry, car insurance can be a daunting task even to the best planners. However, here at Versatile Insurance Planners located in San Antonio, it’s our passion to advise car owners on what to look out for when shopping for car insurance to make an informed decision. That said, below are tips to consider when shopping for car insurance in Texas.

Shop for car insurance before going to the dealership

It’s a smart choice to purchase car insurance before heading to the dealership. Otherwise, you may not be able to drive your car away from the lot because auto insurance is mandatory in Texas. But for you to purchase car insurance, you need to arm yourself with the below ahead of time:

  • Have a make and model in mind
  • Understand the auto coverages you need
  • Compare quotes from several insurance companies

While you can still get auto insurance from the dealership, this isn’t the ideal choice if you are looking for affordable car insurance. For instance, if your car is being financed, the lender may only offer car insurance options from one or two companies, limiting your chance to explore various discounts provided out there.

Understand factors affecting your auto insurance premium

This is very crucial when looking to lower your auto insurance premium. While factors out of your control, like your age, gender, occupation, and model of your car, determine the car insurance premium, factors like credit rating and driving record are within your control. As such, you can work towards being a responsible driver to lower your car insurance premium. 

Understand legal requirements

Just like most states, Texas requires drivers to carry minimum liability coverage. While it’s essential to observe the state’s minimum, your agent should advise on the right amount of coverage you should have for optimal coverage. Again, liability coverage only covers third parties and not you or your car. That said, ask your agent for different auto coverage options to obtain all-around protection.

Where to buy auto insurance in San Antonio, TX

If you are looking for auto insurance, please contact Versatile Insurance Planners. Here, we will introduce you to various auto coverage options and help you chose those that meet your unique needs.