Risk Factors That Could Make Umbrella Insurance Necessary

Posted on January 22, 2024January 29, 2024 by admin

An umbrella insurance policy provides additional coverage that your standard policies don’t supply. Learn about some risk factors that could indicate that you should invest in an umbrella policy. One of our San Antonio, TX agents at Shavano Insurance Agency LLC can update your existing policy, to provide you with the additional coverage needed.

A Lot Of Assets

If you have a lot of assets at your disposal, a basic liability insurance policy won’t provide enough coverage. The liability limit that your policy outlines may be far less than the true value of what you own.

In a situation like this, having access to an umbrella insurance policy will be beneficial. The umbrella insurance policy will act as a second layer of protection. It will cover the assets that your original insurance policy didn’t cover.

Serious Vehicle Accident

A serious vehicle accident that causes damage to another party’s car or that causes bodily injury could result in a lawsuit. The cost of the repairs and medical bills could far exceed what your insurance policy will cover.

If you drive daily, it may be in your best interest to purchase an umbrella insurance policy. An umbrella insurance policy will provide extra protection for your personal vehicles and business vehicles.

Residential Property Injuries

If someone gets injured on your property, your current home insurance policy will only cover the costs you were initially quoted. Legal matters that require an attorney’s assistance can be expensive. An umbrella insurance policy will cover the costs that are incurred during the legal proceedings.

Consult With Us

Shavano Insurance Agency LLC in San Antonio, TX will discuss umbrella insurance policies with you and help you select the coverage you need.

Global Perspectives on Flood Insurance

Posted on December 21, 2023January 4, 2024 by admin

Floods pose a universal threat to communities like San Antonio, TX and worldwide, transcending geographical boundaries. Recognizing the global impact of flooding, nations worldwide are increasingly turning to flood insurance as a crucial tool for mitigating the financial consequences of these natural disasters.

Adapting to Varied Risk Profiles

Global perspectives on flood insurance reflect the diverse risk profiles of different regions. The demand for comprehensive flood coverage is exceptionally high in areas prone to frequent flooding, such as low-lying coastal regions or river deltas. In contrast, regions with lower historical flood risks may adopt different insurance models, highlighting the need for flexibility in addressing localized challenges.

Fostering Resilience through Public Intervention

Many nations recognize the need for government-backed flood insurance initiatives. The establishment of national flood insurance programs akin to the U.S. National Flood Insurance Program (NFIP) showcases a shared commitment to fostering resilience and offering financial protection to citizens in the face of flood-related risks.

A Shared Challenge and Opportunity

The overarching challenge of climate change inevitably influences the global perspective on flood insurance. Rising sea levels, changing precipitation patterns, and increased frequency of extreme weather events underscore the urgency of comprehensive flood risk management. In response, nations are reevaluating their insurance strategies, emphasizing the interconnecting of global climate challenges.

Collaborative Solutions for Complex Challenges

Innovative solutions and public-private partnerships are emerging as key components of global flood insurance strategies. Collaborative efforts leverage the strengths of both public and private sectors, allowing for more effective risk assessment, improved data analytics, and the development of insurance products that address the evolving nature of flood risks.

How Shavano Insurance Agency LLC Can Help You

At Shavano Insurance Agency LLC, we can help answer questions concerning flood insurance. We serve the San Antonio, TX area. Contact us today.

Should I get motor home insurance if I live in Texas?

Posted on November 17, 2023November 27, 2023 by admin

Those who are living in the San Antonio, TX area can find owning a motor home is a good option. A motor home can offer you a comfortable place to reside that offers the flexibility to move when you want. If you are going to purchase a motor home, it would also be a good option to get a motor home insurance plan for various reasons.

Ensure Asset is Protected

A great reason to have a motor home insurance plan is so you can ensure your asset is protected. When you are going to purchase a motor home, you will be making a large investment that you will want to enjoy for a long time. With a full motor home insurance plan, you will get the support you need to replace or repair it if you incur a covered loss.

Liability Coverage

When you are an owner of a motor home, you can find there are various liability risks. This can include the risk that someone is hurt when they are in your property. If this occurs, you could be responsible for covering damages and medical bills. Fortunately, if you do have a full motor home insurance plan, you will get the support you need to cover these liability costs.

We Are Here To Help

If you do invest in a motor home and are in the San Antonio, TX area, you do need to make sure you get the right insurance for it. A great way that this can be done is by calling our team with Shavano Insurance Agency LLC. Our insurance team at Shavano Insurance Agency LLC knows how valuable this coverage can be and they can offer any support you need to build a policy that will protect your motor home.

What to Do in San Antonio if You Have an Accident in Your RV

Posted on October 20, 2023October 30, 2023 by admin

If you have an accident while in your RV, the process for dealing with it isn’t much different than a normal automobile accident in San Antonio, TX. At Shavano Insurance Agency LLC, we want you to know what to do if you’re in an accident while in your RV.

Ensure Everyone’s Safety and Check for Injuries

Check yourself and any passengers for injuries. If you or anyone has an injury, call or try to have someone call for medical assistance immediately. Don’t move if you’re hurt and don’t move anyone else who has a serious injury unless it’s necessary. Otherwise, check on the other party.

From there, everyone should move their vehicles to the side of the road, if possible. Turn on your hazard lights and set up flares or cones if you have them.

Call the Police and Get a Police Report

Always call the authorities, even for minor accidents. The authorities can document the scene, take statements from everyone, and create a police report.

Exchange Information with the Other Driver

Get the name, address, phone number, license plate number, and insurance information of the other driver. Also, get the contact information of any witnesses who saw the accident. This isn’t always possible, which is another reason it’s important to have a police report.

Take Pictures and Document the Scene

Take photos of the damage to your RV and any other vehicles involved. Also, take pictures of any other relevant details. If you’re not in a position to do these things, then have someone you trust to do it on your behalf.

Contact Your Insurance Agent as Soon as Possible

As soon as possible, call your insurance agent or company to file your claim and seek advice on what you need to do next.

We Are Here To Help

At Shavano Insurance Agency LLC, we want you covered so that you can handle any eventuality that stems from a potential accident in your RV. To learn more about our RV insurance coverage options for RV owners in and around San Antonio, TX, contact us today.

Is Motorcycle Insurance Required in Texas?

Posted on September 22, 2023October 1, 2023 by admin

Is Motorcycle Insurance Required in Texas? Well, as a matter of fact, it is, and like all states in the country, with the exception of Florida, you must have proof of motorcycle insurance before you can even register your motorcycle to receive a license plate for it. Also, you must have motorcycle insurance to legally drive your bike on public roads in the state of Texas. Our agents at the Shavano Insurance Agency LLC serving the San Antonio, TX area are ready to assist you with all of your insurance needs, including motorcycle insurance.

Motorcycle Insurance FAQs

What Does Motorcycle Insurance Cover?

The type of motorcycle insurance policy you have will determine what is covered by your policy. Read on for more information on the coverage options that are available when it comes to motorcycle insurance.

Motorcycle Insurance Coverage Options

Liability Insurance: This is the type of insurance you must have to legally drive in Texas. It will help pay for any damage or injuries you cause in an accident.

Comprehensive Insurance: This type of insurance is very important when it comes to the investment you have made in your motorcycle. This is because it will help to replace or repair your bike if it is stolen or if it is damaged or destroyed by a natural disaster, an act of vandalism, or even a fire.

Comprehensive Insurance: This type of insurance will help pay for damages that your motorcycle sustains or causes if you collide with another vehicle or stationary object.

If you owe money to a lender for your bike, you may be required to have all of these types of insurance in place for the duration of your loan.

Call Us Today!

Call our agents at the Shavano Insurance Agency LLC serving the San Antonio, TX area today to get your motorcycle insurance policy started!

What Boat Insurance Policies Cover

Posted on August 24, 2023August 31, 2023 by admin

Boat insurance policies have the potential to offer a wide variety of coverage options that offer protection if you own/operate a boat or watercraft. If you are a boat owner in the greater San Antonio, TX area, the insurance professionals at Shavano Insurance Agency LLC can help you find the most suitable insurance coverage for your watercraft.

Boat Insurance Coverage Options

Coverage for boats will vary, depending on the policy and your boating insurance needs, but typically includes:

Physical Damage to the Boat

If damaged by a covered peril, this portion of the policy covers the expenses related to repairs or replacement.

Liability

If the insured, while operating the boat, causes property damage/bodily injury to another individual, it may cover medical expenses, legal fees, etc.

Medical Payments

Regardless of who may be at fault, this covers medical costs for you and your passengers if injured on the boat.

Uninsured/Underinsured Boater

This helps cover expenses if a party to the accident is underinsured/uninsured.

Personal Property

Personal property on the boat – fishing gear or electronics, etc. that is damaged or lost may be covered.

Other optional riders/coverage includes –

Towing and Emergency Assistance
Wreck Removal
Fuel Spill Liability, and more.

Note that some policies might establish navigation limits – parameters that define where you can operate the watercraft. Extending past these limits might impact coverage.

Schedule A Consultation Today!

Keep in mind boat insurance varies widely, so it is essential to review your boat insurance policy terms and discuss your specific insurance needs with a licensed provider to ensure that you have the right coverage for your boat and your boating activities. Contact Shavano Insurance Agency LLC serving the greater San Antonio, TX area.

Why Is Classic Car Insurance Better Than Ordinary Auto Insurance?

Posted on July 21, 2023July 26, 2023 by admin

Think about it. Classic and antique cars and trucks stay in protective garages all the time. The only occasions on which they leave that garage is for car shows. The premiums are lower due to that rare appearance in public. Classic and antique cars and trucks appreciate in value, too. You’ll want to protect that.

Some classic car owners drive their classic cars to the store or to work. Most states have a rule that these cars can only be driven on the weekend and only to the grocery store or something similar. This brings up problems that Shavano Insurance Agency LLC in San Antonio, TX will be happy to explain to classic car owners.

Why Classic Car Insurance

It’s About Parts

Older cars often suffer from post-part blues. The older the car, the scarcer the parts to repair it. On the other hand, a true classic car that was manufactured in the thousands could still have parts available from the manufacturer if from no one else. Classic car parts can be found online and at swap meets and car shows.

It’s About Value

Several industries have decided that classic and antique cars and trucks are more special than your everyday auto. Both the owner and the insurance company decide on the value of the car based on an appraisal. Classic cars appreciate in value, so the car is insured up to that value. Ordinary cars don’t enjoy that since they depreciate in value.

Did You Know?

Not only are cars considered classics. Military vehicles, old milk trucks, tractors, and antique motorcycles all qualify as classics. All these and more are eligible for classic car insurance.

Reach Out To Us

Classic cars get better insurance due to the owner’s driving record, the sparse time they will be on the road, as well as the garage they’re kept in. Call or drop in so that Shavano Insurance Agency LLC San Antonio, TX can tell you all about it.

Who should get umbrella insurance?

Posted on June 16, 2023June 19, 2023 by admin

Umbrella insurance from Shavano Insurance Agency LLC is an important type of coverage that can provide additional protection for individuals and their assets. In today’s world, where lawsuits can arise from a myriad of sources here in the San Antonio, TX area, umbrella insurance is an essential way to safeguard your financial future.

Who should get umbrella insurance?

Anybody who has valuable assets that could be at risk in the event of a lawsuit should consider getting umbrella insurance. This includes business owners, professionals such as doctors, lawyers, or even individuals with high net worth. Even people who have relatively low incomes can benefit from the additional layer of financial protection that umbrella insurance provides.

It’s important to remember that not all threats come in the form of a lawsuit; umbrella insurance also covers certain damages resulting from accidents or unexpected events, such as damage caused by a hurricane. If you are concerned about your financial safety and security, then it might be worth considering adding umbrella insurance to your current policy.

When selecting an umbrella insurance policy, there are a few things to consider. One is the policy limit; this is the maximum amount of coverage you can have, and it should be high enough to provide adequate financial protection in case of a major event. It’s also important to understand what types of damages are covered by your policy and how much your deductible will be, as this can affect the amount of money you pay out of pocket if a claim is made.

Reach Out To Us

For more information or to explore a policy, give us at Shavano Insurance Agency LLC a call today. We are proud to serve the San Antonio, TX area and would be happy to help you.

I already have homeowners insurance. Do I need flood insurance as well?

Posted on May 19, 2023June 7, 2023 by admin

If you already have homeowners insurance from Shavano Insurance Agency LLC, it’s important to evaluate whether you should also get flood insurance. Your standard homeowners’ policy typically doesn’t cover flooding, so having a separate flood insurance policy can provide much-needed protection in the event of a flood here in the San Antonio, TX area.

Why Flood Insurance?

It’s important to understand that the risk of flooding is not limited to waterfront properties—any home can be impacted by flooding, making it essential to research the risks and potential costs associated with floods in your area.

The National Flood Insurance Program provides coverage for both residential and commercial properties, helping to offset the costs associated with flood damage repair or replacement. Additionally, many lenders require borrowers who live in high-risk zones to purchase a flood insurance policy as a requirement for obtaining a mortgage loan. So even if you don’t think your property is at risk for flooding, you may still need to consider getting coverage if required by your lender.

By doing your research and understanding the different types of coverage available, you can make an informed decision about whether or not you need additional protection from floods by purchasing a separate flood insurance policy.

Reach Out To Us!

For more information or to find a policy that is right for you, give us at Shavano Insurance Agency LLC a call today. We are proud to serve the San Antonio, TX area and would be happy to help you find a policy that meets both your needs and your budget. So don’t wait. Give us a call today and give your home the protection it deserves.

Can I Take My Motorhome To A National Park?

Posted on April 11, 2023May 3, 2023 by admin

Some of America’s most recognizable landmarks and historical sites can also be found in national parks. Consider bringing your RV to one of America’s national parks for a memorable road trip adventure. There are plenty to pick from, each with its own distinct charms and attractions. Shavano Insurance Agency LLC is proud to serve the residents of San Antonio, TX and supply quality motorhome insurance.

Here are a few tips to help make your visit go smoothly:

1. Select an interesting national park and research the best places to stay in a motorhome within that park. Campgrounds and RV parks are popular options since they often provide convenient access to hiking trails, picnic spaces, and other outdoor activities.

2. RV spots are in hot demand so make sure to make a reservation before starting your trip!

3. Before you go, thoroughly plan your route and ensure you have enough gas to get you there. You should also bring all of your camping equipment, such as a tent, sleeping bags, cooking materials, and food. You should also include some extra supplies, such as an emergency kit and a first aid kit, just in case.

4. When you arrive at your location, spend some time exploring the park and becoming acquainted with the rules and regulations that apply to motorhomes and other types of vehicles. It’s crucial to make sure you’ve checked for any park-specific restrictions, such as the maximum vehicle size allowed.

Get Motorhome Insurance Today

Make sure you have coverage for your motorhome before you leave. Call Shavano Insurance Agency LLC today for additional information about motorhome vacations. We are honored to serve the state of San Antonio, TX.