Umbrella insurance is something that is a mystery to most people. What it is and why they need it is something they know nothing about. At the Ellis Insurance Agency in San Antonio, TX, our knowledgeable team will be happy to answer any questions you may have. As independent agents, we represent a selection of the top carriers in the business.
What is umbrella insurance?
Umbrella insurance is what is known as excess liability coverage. It is a supplemental policy to a policy that you already have with liability coverage. That includes policies like home, auto, condo, motorcycle, RV, renters, and commercial insurance. What it does is add an additional layer of liability protection to what your primary policy has. When needed, the primary policy will pay up to its limit and then the umbrella insurance will kick in.
Who can benefit from umbrella insurance?
Anyone who has assets can benefit from this important coverage. It doesn’t matter if you own a mansion or a double-wide, you have worked hard to get where you are, and in the event you ever get sued, you want to protect your assets and your future earnings from a judgment against you. These days, the size of judgments can be quite astronomical and if you are not adequately covered, it could mean that your future earnings could be attached and nobody wants that.
How much umbrella insurance is enough?
Only you can determine that, but consider what liability you have on your primary policy and how much a judgment could be, you need to at least have enough to cover the difference between the two. Most umbrella policies start at about a million dollars of coverage.
Get Umbrella Insurance Today
Contact Ellis Insurance Agency in San Antonio, TX to discuss how you can benefit from umbrella insurance.
A common misconception that homeowners in San Antonio, TX often have is if their home has flood damage, it will be covered by their homeowner’s insurance. Unfortunately, the truth is damage caused by flood waters is often not covered by your homeowner’s policy. To ensure your home is protected from flood waters, you’ll need to purchase a flood insurance policy.
Do San Antonio Residents Need Flood Insurance?
In Texas, homeowners are not required by law to purchase a flood insurance policy. However, if your property is located inside a high-risk flood zone, it is recommended that you purchase coverage, especially if it is a condition of your mortgage.
Still, even if you don’t have a mortgage, it is a good idea to have a flood insurance policy. While this may not be as necessary for those living in low-risk areas, it is highly recommended for anyone living in moderate to high-risk areas.
Is Flooding Serious in San Antonio, TX?
According to SARA (San Antonio River Authority), San Antonio is one of the most flood-prone and flash-flood-prone regions in the country. It is estimated that around 28,000 residents in Texas live on exposed land that is 4 feet below sea level. Since Texas is prone to heavy rains and flooding, those who live in San Antonio and other high-risk areas are in danger during the storm season.
Contact Ellis Insurance Agency for More Information About Flood Insurance
If you have concerns about flood safety and would like to learn more about flood insurance coverage, get in touch with our team here at Ellis Insurance Agency today. We look forward to providing you with peace of mind by answering any questions you may have.
Germania’s Roadside Assistance and the Towing & Labor Service are two separate coverages under personal auto policies. Below you will find what the difference is between Roadside Assistance and Towing & Labor.
Germania’s Roadside Assistance provides coverage for all of the insured drivers on the policy in any vehicle listed* on the policy. *This excludes motorhomes, trailers, and RV’s
Here is a breakdown of everything included in Germania’s Roadside Assistance:
To confirm you have one or both of these services, please email or call your agent. We are happy to help clarify what coverage you have and what works best for you.
You can also learn more by visiting Germania’s blog page by clicking HERE.
If you’re renting a condo, the answer to this question is yes – you do need insurance. Although your landlord may have insurance that covers the property, this does not mean that your belongings are protected.
If something happens to your home or possessions while you’re renting, you’ll be responsible for the costs yourself if you don’t have insurance. Here we discuss why it’s important to get insurance when renting a condo and how it can protect you in an emergency.
What’s Condo Insurance?
Condo insurance is a unique type of homeowners insurance specifically designed for condominium owners. Unlike traditional homeowners insurance, condo insurance covers the interior of your unit as well as any common areas owned by the condominium association. Condo insurance also provides liability coverage in the event that someone is injured while in your unit.
Why Do I Need Condo Insurance if I am Renting?
You may think that your landlord’s insurance will cover any damages to your belongings or the unit itself, but this is not always the case.
Even if you’re renting, it’s important to have your own condo insurance policy in place. This type of insurance can help to protect your personal belongings in the event of a fire, theft, or other covered peril.
Condo insurance can also provide coverage if you accidentally damage someone else’s property while living in the unit. If you do not have your own policy, you could be held responsible for paying for the repairs out of your pocket. This makes it essential to get a policy from a professional company such as Ellis Insurance Agency in San Antonio, TX.
Get Coverage For Your Condo
It’s important to get insurance when renting a condo. Condo insurance can protect your belongings in the event of damage or theft, and it can also provide liability coverage in case someone is injured while on your property. Now that you know how much you need a condo insurance policy, Ellis Insurance Agency in San Antonio, TX can help you find the right coverage for your needs. Give us a call today to learn more.
SafeCo’s new Wildfire Response Benefit comes with no additional costs. Read on to learn more about this (free) benefit and what it means for you.
Enrollment is completely free. It does not expire unless the customer requests or the policy is cancelled. There is absolutely no impact to your premium (no charge or discount) for this program.
All homeowner and Landlord Protection® policyholders within the designated wildfire states will receive a letter and opt-out form. There is currently no electronic opt in/out form. If you did not receive a form in the mail, please click HERE to download or feel free to contact Ellis Insurance Agency if you have any further questions.
Benefit and Partnership
Chloeta maintains a map of policies-in-force within the benefit footprint and monitors the area to determine wildfire proximity and threat level. The vendor makes operational decisions on which eligible properties are serviced and the types of services provided during a wild land fire response. Once safe access is secured, mitigation vendor services may include:
Removing pine needles and leaves from gutters
Removing flammable vegetation and items from around your home
Deploying a temporary sprinkler system to protect your home
Updating you regarding the status of your property and actions being taken to protect it
Applying a water-based gel* or firefighting foam to your home
Returning any combustible items moved and washing any fire gel or firefighting foam away after the wildfire event
*What is a protective gel barrier? “It’s an industry-leading, fire-preventing, and heat-absorbing fire-retardant gel that personnel may use to help protect your home and property. The gel particles adhere directly to a house or structure and quickly extinguish any flames or burning materials that come into contact with the gel. It creates a gelled water barrier that effectively helps protect a home or structure for several hours and may prevent internal combustion. It can be rehydrated to extend effectiveness, as needed. The gel is used as a last resort when fighting a fire. It is proven to be effective as it adheres to smooth surfaces such as glass.”
If you have auto insurance and a peril covered under the policy occurs, you need to file a claim to receive a settlement. However, it’s critical that you file your claim correctly because failure to do so can result in the claim being rejected by the insurer. Ellis Insurance Agency provides this guide on how to correctly file your car insurance claim in San Antonio, TX.
Filing An Auto Insurance Claim: What You Need To Know
1. Call the 911 and Your Insurance Company
Depending on what has happened, the first thing you should do after an incident that is covered by your car insurance policy occurs is to call 911 and your insurance company. If it’s a criminal incident like theft or vandalism, your first call should be the police, then your insurer. If it’s an accident, call the police and emergency services so that anyone injured can receive timely medical attention, and then call your insurer. If the incident is damage to your vehicle due to a natural disaster, all you have to do is call the insurer.
2. Collect Evidence of the Incident
At Ellis Insurance Agency, we recommend that during your call with your insurer, you inquire what evidence they would need of the incident to assess your claim. In the case of an accident, vandalism, or damages by a natural disaster, use your smartphone to take detailed photos of the damage to your vehicle. Ensure that also capture wide-angle images of the location of the incident. In the case of theft, capture pictures of where the car was when it was stolen and get a police report.
3. Submit Your Claim With Evidence
Fill out the claim form from your insurer and submit it with the evidence you collected. Your auto insurer will review your claim, and if everything matches up with the terms of your policy, your claim will be approved.
Contact Us Today
Do you need auto insurance in San Antonio, TX and the surrounding areas? Call Ellis Insurance Agency today.
Hurricane season is June 1st through November 30th. NOAA forecasters are predicting a 65% above-normal hurricane season this year. Learn more about hurricane preparedness and what to do in the event of a flood/natural disaster.
A hurricane can be a devastating force of nature whether you live inland or on a coast. Being prepared can potentially help save you, your family, and your home from permanent damage. Read on to see what steps you can take to prepare for this hurricane season.
Evaluate Your Risk
Living on the coast is a higher probability to being hit by a hurricane, but inland residents are also at risk. Heavy rains, winds, and storm surges can cause wind damage and flooding. Once you evaluate your location and review historical hurricane information, you can decide whats best for you to prepare.
Preparing Your Family
You and your family’s safety is essential. Follow this guide to ensure you have a plan in place in the event of a hurricane
Develop an evacuation plan.
Prepare for power outages. Flashlights, electric lanterns, and gas-powered generators are a great place to start.
Build an emergency kit. Click here to find a list of basic emergency supplies to have on hand.
Be sure to secure important documents in a fire/water proof safe.
Preparing Your Home
While preparing your family and their safety is most important, it is good to start preparing your house before hurricane season starts. Here are some tips for preparing the exterior of your home.
Check window and door seals. It’s important that these are in good condition to prevent water damage inside your home.
Install storm shutters (if you’re in a high-risk area) or have boards available to put over your windows.
Trim tree branches around your roof. High winds can cause trees and branches to damage your home.
Clean your gutters to help water flow and prevent roof damage.
Make sure you garage door(s) are secure.
Have sandbags available to divert water from your home if you are in a high-risk area.
Now that your home and your family are prepared, be sure to check with your insurance agent to review your home policy. Most homeowners insurance will cover wind damage, but not flood damage as flood insurance is a separate policy. Be sure to ask what the best steps will be in the event that you need to file a claim after a hurricane. You can track current hurricanes and tropical storms by visiting the NOAA tracking site. Stay prepared and safe!
As a business owner, you know that having the right insurance coverage is essential. But did you know that it’s also important to review your policy regularly? Ellis Insurance Agency in San Antonio, TX helps you understand why.
The Importance of Reviewing Your Commercial Insurance Policy Regularly
1. Your Business Is Constantly Evolving, So Should Your Coverage
It’s important to review your commercial insurance policy regularly to make sure it still meets your needs. Your business is constantly evolving, and your coverage should evolve with it. As your business grows, you may need more coverage or different types of coverage. For example, if you add a new product or service, you may need to add product liability insurance. Or, if you hire new employees, you may need to add workers’ compensation insurance.
2. Reviewing Your Policy Helps You Understand What’s Covered – and What Isn’t
It’s easy to forget what’s included in your commercial insurance policy. A regular review will help you understand exactly what’s covered – and what isn’t. This can be especially important if you’ve had a claim denied because your policy didn’t cover it. If you don’t understand why a review can help you make changes to your coverage so that it doesn’t happen again.
3. You May Save Money by Reviewing Your Policy
As your business grows, you may be eligible for discounts on your commercial insurance. For example, you may qualify for a loyalty discount if you’ve been in business for a few years without any claims. Or, if you’ve added safety features to your workplace, you may qualify for a safe workplace discount. A review of your policy can help you take advantage of these discounts and save money on your coverage.
4. Reviewing Your Policy Gives You a Chance to Ask Questions
When you review your commercial insurance policy, it’s a good opportunity to ask questions about your coverage. If you don’t understand something in your policy, this is the time to ask. Your insurance agent can help you understand your coverage and ensure you have the right amount of protection for your business.
As you have seen, there are many good reasons to review your commercial insurance policy regularly. Ellis Insurance Agency in San Antonio, TX can help you understand your policy and ensure you have the right coverage for your business. Give us a call today to get started.
Purchasing a home is a big deal. You will want to make sure everything is perfect in your new place. As you are busy getting things set up, don’t forget about homeowner’s insurance. This important type of coverage will ensure that your home is protected. At Ellis Insurance Agency serving San Antonio, TX and the surrounding areas, we are here to help answer your insurance questions. Keep reading to learn more about home insurance.
Who Needs Home Insurance?
Home insurance is often required if you have a mortgage on your home. Even if you do not have a mortgage on your home, though, home insurance is the best way to protect the money you have invested in your home. Your house is more than just a house. It is both an investment and a safe place for you and your family to grow. Having the proper insurance in place brings you peace of mind.
What Does Home Insurance Cover?
Home insurance is a type of insurance product that is designed to pay if your home is damaged because of fire, natural disaster, or burglary. With the proper insurance in place, you will not have to worry about paying for these expenses out of pocket.
Home insurance offers coverage for the following areas:
Property Damage- If the home is damaged or lost, the policy will kick in to repair or replace your home. This gives you the peace of mind of knowing that you will always have a home for yourself and your family.
Liability Coverage- If someone is hurt in your home or on your property, liability coverage will pay for any medical bills or legal fees that may result.
If you would like to learn more about our services, please contact us at Ellis Insurance Agency, serving San Antonio, TX, and the surrounding areas.
Ellis Insurance Agency serves the San Antonio, TX community and the surrounding areas. For over 30 years, we have provided service to our clients built on trust and reliability. We recognize that each of our clients has unique circumstances. We sit down with our clients to help them find policies specifically tailored to their needs.
Renters Insurance Policy Overview
If you reside in one of the many appealing rental properties in the San Antonio, TX area, consider adding renters insurance. While the property owner may have coverage, it likely only covers any damages to the interior and exterior of the property. Your personal items are not their responsibility. That’s why renters insurance is an asset. Renters insurance covers your personal items if something happens to them. This can help alleviate some stress in the event that your possessions are stolen. Consider taking inventory when you move in so that you’ll be aware of your personal item’s true value. If you’re traveling out of the state to go on vacation, the policy covers your items while away from home.
Liability coverage is another important part of the policy. Perhaps you enjoy inviting guests over to have a good time. If one of your friends or an invited guest suffers an injury, liability coverage steps in to protect you. Liability coverage also covers accidental damage to your neighbor’s property. Perhaps you have a pet whose having a bad day and scratches your neighbor’s wall or causes a dent in their property. Liability coverage will protect you. If a natural disaster moves through Texas and damages your rental property, you can add alternative living coverage, which helps you find another place to stay while the property is restored.
Ellis Insurance Agency Will Help You Cover Your Assets
Contact us today to learn more information about renters insurance.