How commercial insurance can save my small business

Small businesses are particularly vulnerable to risks that can close their business. Many small businesses fail in the first year and by year 5, 50% have not made it. All businesses face risks and the best way to try to survive the risks is with good commercial insurance. If you and your business are in the San Antonio, TX area, Integrity Advisors Agency LLC (Stephen Reese) have been providing the insurance products that their clients need for 30 plus years. We will take the time to understand your needs and only recommend products that are in your best interest. 

When you get sued

Small businesses are targets for a lot of legal actions. Having a commercial liability policy can offer you the protection you need to not only pay any legal actions against you but to pay for the legal assistance you need. It can be legal action by a client, a customer, or an employee. 

Covered peril hits

Not every peril is a covered peril but many are and if one hits your business, you will be able to survive and rebuild. It will provide the funds you need to replace machinery, office equipment, inventory, raw materials and records. If you don’t have commercial property insurance, the cost of rebuilding will fall on you. If you own the building it will cover that but this type of commercial insurance helps renters as well. 

Workers’ Compensation insurance

In Texas, employers are not required to have workers’ compensation insurance but, this doesn’t mean that they are not responsible to pay employees for injuries, illnesses and lost time. They just must pay for it themselves and all the illness, injury and lost time must be reported. Workers’ compensation insurance makes it easier for employers to follow the reporting laws. 

Contact Integrity Advisors Agency LLC (Stephen Reese) in San Antonio, TX with your commercial insurance needs. 

Is Flood Insurance Required in Texas

Whether you are required to purchase flood insurance by your mortgage lender is largely dependent on the property’s location. For instance, if you are purchasing a home in Texas near the water or in an area that has experienced flooding in the past, flood insurance is likely mandated. Keep in mind that even if you are not required to have flood insurance, having a policy may be worth the nominal cost because your homeowner’s insurance will not cover flood-inflicted damage. With flood damage causing significant disruption and expense, insurance helps dampen the blow and allows you to sleep easy at night. 

If you are purchasing commercial or residential property in the San Antonio area and are concerned about whether you need to have flood insurance, several resources are available. First, start by contacting the team at Integrity Advisors Agency LLC to have all your questions answered. Second, the Federal Emergency Management Agency (FEMA) resources via their website offer additional context on flood zones. It is important to remember that if you purchase in a high-risk flood area with federal disaster assistance, you must carry flood insurance to be eligible for future federal disaster assistance. 

With that said, every property, regardless of location, is vulnerable to flood damage, and the only protection offered is via flood insurance. By working with a reputable team like Integrity Advisors Agency LLC in San Antonio, TX, you’ll rest easy knowing that your home or business is always protected. We work tirelessly to ensure that each customer is satisfied and go above and beyond to deliver excellent customer service. Give us a call today or stop by our conveniently located office to learn more.

What is umbrella insurance?

Your home insurance and auto indemnity policies may not be enough to cover unexpected incidents. Even those with the best indemnity plans may find themselves in a financial bind when the insurance policy does not cover an event. Umbrella insurance can help you recover losses when the policy limits of your standard indemnity plan are exhausted. An agent at Integrity Advisors Agency LLC can help you understand how to make the most of an umbrella insurance plan in San Antonio, TX.

What is umbrella insurance?

Many like to consider umbrella insurance as a safety net. Your standard indemnity policy pays up to its policy limits. You typically need to pay out-of-pocket for financial responsibilities that exceed the policy limits of your standard plan. Umbrella insurance coverage can make up the difference so that you do not have to dip into your personal savings to pay for incidents in San Antonio, TX. 

How does a plan work?

Umbrella insurance comes into play after you have used all resources available on your standard insurance plan. Umbrella coverage does not stand alone. 

You would take advantage of your umbrella policy by filing a claim after an incident has occurred. An indemnity specialist at Integrity Advisors Agency LLC can help you understand how claims are evaluated and compensated. 

Is umbrella insurance required?

There are no state mandates requiring umbrella insurance coverage. It may, however, be beneficial to purchase such a policy so you know you are fully covered when the unimaginable becomes a reality. 

The agents at Integrity Advisors Agency LLC can help you with all of your indemnity coverage needs. Call them today to get started with a quote for umbrella insurance.

Does RV Insurance Cover Theft?

If you have collision and comprehensive, your RV is covered if it is stolen. But what about the possessions contained within the RV?

If you have a home in San Antonio, TX, your home insurance should kick in and replace whatever was inside your RV that was stolen. But what if your RV is your primary home?

Some policies may cover personal items within the RV by default, but most will only cover these items if the RV is stolen with these items inside it. That means that items lost to a break-in would not be covered, but those same items might be covered if the RV itself was stolen.

If you want to make sure that your possessions are fully covered, you need to ask your insurance agent about this specifically. The assumption that many insurers begin with is that your RV is just your vacation ride and that you likely have a home somewhere in San Antonio, TX. That home insurance policy will cover your possessions. If this isn’t the case, then you need to make sure that your insurance agent knows it’s not the case.

Of course, if you do own a traditional home, and that home is fully insured, you don’t need to worry about it. The only possessions you need your RV insurance to cover will be those that are bolted down and which are already covered as part of the value of the RV itself.

If you have any questions or you’re looking to get insured, get in touch with Integrity Advisors Agency LLC. You can call or check out the Integrity Advisors Agency LLC website for a good deal on a great policy.

Is Life Insurance Worth Getting?

What would life be for your family if you were no longer able to support them? Life insurance can help you visualize the kind of life your loved ones will live when you are no longer on earth. 

Life insurance gives you the confidence that anyone who relies on your income for their well-being will be well-taken care of in case of your demise. However, some people consider life insurance to be a waste. 

This article will help demystify this notion. 

Benefits of Life Insurance

Are you wondering if life insurance is worth it, anyway? It would be best if you considered these significant benefits of life insurance before forming an opinion. 

Financial Safety Net for Dependents 

This has to be the most important reason why life insurance is worth it. Life without a breadwinner can be a nightmare for your dependents. However, with our cover at Integrity Advisors Agency LLC, we ensure that your dependents have a safety net to fall back to in case of your untimely death. 

Paying Final Costs

Death is enough sorrow to deal with when a breadwinner passes on. It would be tragic for your family to bear the burden of your last respects and medical bills at the same time. The best thing about life insurance is that it provides adequate coverage for any final costs that may be pending upon your demise. 

Paying Off Debts and Replacement of Income 

When the inevitable happens and death strikes, you might have pending bills. Unless there’s quick action, your family may end up at the mercy of creditors. Luckily, our life insurance plan at Integrity Advisors Agency LLC offers coverage against credit collectors for all our San Antonio, TX clients. 

Your family will also get an income replacement package to help keep them afloat upon your demise. These are more reasons why life insurance is worth it. 

Secure Your Afterlife Today

While it’s uncomfortable to discuss death, its’ one outcome you can’t overlook. The best way to build confidence that your children’s and spouse’s life is secure after your death would be to consider life insurance.

Our plans at Integrity Advisors Agency LLC are tailored to build confidence that your family is secure. If you are in San Antonio, TX, then it’s time to consider our services. Contact us today for more information.

Exploring The Benefits Of Commercial Insurance

For over 30 years, Integrity Advisors Agency LLC has helped San Antonio, TX residents find insurance coverage. We hope to provide excellent customer service to our clients as we help them find the coverage they need.

The Benefits Of Commercial Insurance

Operating a business can be stressful at times. You have to deal with a lot of unpredictable variables regularly. Commercial insurance will help you protect your asset and ensure that your business remains an important part of the San Antonio, TX economy. The policy protects your property if someone tries to steal or vandalize things. Your property is also protected if it is damaged due to a fire or natural disaster. Liability coverage protects your business if one of your customers is injured on your property. You can also add workers’ compensation to protect your business and your employees if there is an injury in the workplace.

Commercial insurance is beneficial in multiple ways. The policy gives you peace of mind during tough times. Under normal circumstances, any damage caused by a fire or natural disaster could cause huge losses to your business. However, commercial insurance helps ensure that your business will continue to operate regardless of the situation. Commercial insurance also protects your business if you are involved in litigation.

Commercial insurance also makes your business look credible. You want your customers to trust you and feel safe investing in your business. Having commercial insurance signals to your customers that this is a legit business. Workers’ compensation also helps you attract the best talent in the workforce. Your employees are the foundation of your business’ success. Workers’ compensation shows that you value the contributions of your employees.

Integrity Advisors Agency LLC Will Help You Protect Your Asset

Visit our website today to learn more information on commercial insurance.

What does flood insurance cover

If you watch the news at all, you have seen countless examples of how devastating floods can be. They happen all over the country, and places that have never flooded before have been devastated by floods. The cost is phenomenal. One inch of water in your home can cause $25,000 in damage. Home insurance doesn’t cover floods. If you don’t have flood insurance, you are out of luck. At Integrity Advisors Agency, LLC in San Antonio, TX, we have 30 plus years of experience providing our clients with the best products and putting their needs first. 

Flood insurance is managed by FEMA (Federal Emergency Management Agency) but is delivered by a network of approximately 90 carriers or directly from the NFIP (National Flood Insurance Program). The NFIP provides flood insurance not only to homeowners but also to businesses and renters. Everyone can suffer from the devastation of a flood. To purchase flood insurance, you need to live in a municipality that participates in the program. If you are not in one of these places, you may still be able to purchase flood insurance from your insurance agent through private insurance. 

Flood insurance is sold to homeowners in two parts, property and contents. Property can be sold up to $250,000 and contents up to $100,000. Property insurance covers the building structure. This includes roof, flooring, major systems such as heating and cooling, plumbing, and electricity. Anything that is permanently attached to your home, such as kitchen cabinets, built-in appliances, and bookcases. It also covers basements and crawl spaces and cleanup from the flood. Content covers the washer and dryer, furniture and electronics, kitchen contents, articles of clothing, and other personal possessions. 

Contact Integrity Advisors Agency, LLC in San Antonio, TX to discuss the value of flood insurance and how to obtain it.

Three things to remember when you buy RV insurance

Buying an RV insurance policy is an important step in protecting yourself financially as an RV owner in San Antonio, TX. We can help you to find the right RV insurance solution at Integrity Advisors Agency, LLC. 

The following are three things to remember when you buy RV insurance.

The type of recreational vehicle you own

There are numerous types of recreational vehicles. Many are classified under certain designations. You should know whether you have a Class A, Class B, or Class C motorhome before you start shopping for a policy.

Which class your RV falls under depends largely on its size. Do your research and identify your RV classification so that you can shop for accurate quotes on RV insurance policies. 

Types of RV coverage available

It would help if you familiarized yourself with the different RV coverage types available. The most important type is liability coverage. Liability coverage pays for the costs of any damages you cause while driving or owning your RV. 

Liability coverage is an important coverage type to understand because it is required by law. Other important coverage types of purchasing are collision and comprehensive coverage. 

Your additional options as an RV insurance policyholder

There are a lot of optional coverage types that you should understand. You have the option of buying residential liability coverage if you live in your RV full time. You also have the option of purchasing personal attachments coverage if you have items like satellite dishes attached to your RV.

Understand all the optional RV insurance coverage types before you buy a policy. 

Do your research and identify your RV insurance needs. If you have questions on RV insurance options in San Antonio, TX, get in touch with us at Integrity Advisors Agency, LLC. Contact us for assistance. 

Do You Need Home Insurance in Colorado if You Don’t Have a Mortgage?

Most mortgage lenders in Colorado these days require homeowners to carry home insurance as part of their contracts. But, what if you’ve paid off your home in full and do not have a mortgage? Do you still need home insurance? 

Here’s the short answer: legally, you do not need home insurance in Colorado, but there are many reasons why you’ll probably still want a policy. At Integrity First Insurance, we’re here to answer all your questions!

What Does Home Insurance Do?

While mortgage lenders may refer to home insurance as protecting their financial investment, it’s really about protecting yours as well. After all, you’ve already put in a lot of time (and funds) into your home, and this goes tenfold if you’ve paid it off in full and do not have an active mortgage. A good home insurance policy prevents you from having to pay for all damaging events to your property out of your own pocket, therefore making sure your investment is not wasted. 

Does it Matter if I Live in an Urban or Rural Area?

Colorado is a very geographically diverse state, and our beautiful land is home to both rural and urban communities. Homes in both areas face different kinds of risks, and they are both still in need of home insurance as a result. Fortunately, insurance providers recognize this and offer different ranges of coverage options as a result.

How Do I Get a Policy?

When you’re ready to learn more about your home insurance coverage options, give us a call at Integrity First Insurance. We’re homeowners in Colorado ourselves, and we understand that there is no "one size fits all" policy. We’ll get to know you and your property, as well as any specific needs you have for coverage. Then, we’ll be able to present you with the policy options that fit best. Don’t wait to protect everything you’ve already invested into your home — reach out to us today!

At What Age Should I Start Considering Life Insurance?

Many people in San Antonio, TX may think of life insurance as something you don’t need to worry about until you’re retired. The truth is that life insurance is less about age and more about certain milestones you may pass in life.

The real question is whether or not you have people depending on you. If you’re fresh out of college, single, working an entry-level job, life insurance might not be a priority. But for many of us, that situation doesn’t last very long. Before you know it, you’re married, you have kids, you have expenses, loans to pay off, and if something were to happen to you, it would create many problems for a lot of people.

So the answer to the question may not be that there is a specific birthday where life insurance becomes essential. Instead, life insurance becomes important on the day that you start to feel like an adult with adult responsibilities. The term "life insurance" is appropriate, as it is your life that is being insured, your family, and home. Everything that you can’t simply walk away from in San Antonio, TX, that’s what life insurance protects.

The sooner you start, the better off you’ll be. Most insurers offer loyalty discounts, and life insurance tends to be far cheaper the younger you are, and the healthier you are.

If you’re ready to take that step, get in touch with the Integrity Advisors Agency. Integrity Advisors Agency can help you to find the right policy for you so that you can rest easy, knowing that, no matter what, your loved ones will be taken care of, and your responsibilities will be managed.