People all over the Austin TX area need to spend time considering their personal insurance needs. For most people, this will including having a home, auto, health and other forms of insurance. For some people, having additional personal liability insurance could be a good idea. There are several situations in which someone should consider getting an umbrella insurance policy. 

Additional Coverage

One of the reasons why people get umbrella insurance is that it will give coverage on top of their base policies. While the liability coverage you receive from your home and auto coverage can seem substantial, there are situations where it is not enough. For those that want coverage against the risk of significant damage or injuries, having the additional umbrella insurance is a necessity as it can be much higher in coverage. 

Covers for Unique Situations

Another advantage of having umbrella insurance is that it can protect you from some unique situations that are not included under normal insurance policies. When you have an umbrella insurance policy, you will get personal coverage against slander, libel, false arrest or malicious prosecution, or causing mental anguish. Due to these unique forms of coverage, those that are in certain professions should consider having umbrella insurance a complete necessity.

There are clearly many situations in which having umbrella insurance is a good idea. To make sure that they are properly covered for their umbrella insurance needs, people that are in the Austin, TX area should call the team at the Southwest Insurance Center. The insurance professionals at the Southwest Insurance Center could help anyone to get into a policy that provides the right level of umbrella coverage. This will ensure you are properly covered for all of your liability risks, which should provide peace of mind. 

You hold a position of importance at your place of employment in Austin, TX. You own a beautiful home and have a decent nest egg stored away for the future. But it could all disappear when you skip purchasing Umbrella Insurance from Southwest Insurance Center. How does this unique insurance work?

Umbrella Insurance Helps You when the World Falls Apart

Your umbrella policy provides a high level of liability insurance in the instance of somebody being injured through your actions.  This injury may be physical or economical. It kicks in after your more traditional home or auto insurance maxes out on any particular instance.  If you are held personally responsible for a financial disaster at your workplace, it can also help out in certain circumstances.

Keep Your Savings and Retirement Safe

Why is it a smart buy? When you have enjoyed a successful life, you now have more to lose when you are suddenly responsible for somebody’s exorbitant medical bills or other types of expenses. Your umbrella policy can prevent you from emptying out your savings account, selling the house, or going into debt to fulfill your obligations.

Send the Kids to College Anyway

You tell your children that everybody makes mistakes. Make sure that yours does not hinder their chances at having a better life. Leave the college fund intact when you use your umbrella insurance and maintain the lifestyle you and your family have enjoyed.

If you have more questions about how you can keep all of your plans for the future together with umbrella insurance, give your local Austin, TX agent from Southwest Insurance Center a call today.

Motorcycle insurance is like having a safety net when you’re on the road, something that should appeal to all those without an exterior frame to protect them. Choosing insurance can feel like a bit of a minefield because of the many plans, policies, and premiums available, but it doesn’t have to be. Southwest Insurance Center wants you to have a better idea of what it means to pick the coverage that’s right for you. 

1. Compare Plans 

This is probably the best advice you’ll get if you live in Austin, TX. All motorcycle owners are seen as having a bit of daredevil in them, and this is reflected in the coverage levels and price of the plan. Even if it seems like you’re getting one standard-issue quote after the next, it’s important to check several sources before you really have an idea of what it should cost you. As you compare, keep in mind the reviews of every company. Sometimes paying a little more is worth it for a company that’s easier to work with. 

2. Consider Comprehensive Insurance 

Liability only for motorcycle drivers can be a tempting choice because of its appealing price tag. However, motorcycles are expensive to buy and replace if anything happens to them. And considering they’re more likely to be stolen and stripped due to their sheer portability, a comprehensive policy may be the only thing that recuperates your losses. Unless you have a bike you know you wouldn’t mind losing, you should talk to someone about comprehensive. 

3. Pick the Right Partner 

Southwest Insurance Center is here to help the people of Austin, TX get the motorcycle insurance they need. Give us a call today to learn more about how the right policy can protect you when it counts. 

As much as we would like to, we can’t travel all of the time. This means that our RV probably spends a few months each year in storage. The agents of Southwest Insurance Center serve residents living in Austin, TX and assist them in making sure their RV is protected whether you have it out on the road or neatly tucked away in storage. Keeping your insurance coverage intact while your RV is in storage is very beneficial.

What Your Policy Covers

Most RV insurance policies cover your RV no matter where it is. If you are traveling, you’re covered. If it has been put in storage, your coverage will remain in place unless you choose to cancel it.

Storage Insurance

Since you won’t be putting your RV on the road, you may be able to lower your costs by choosing a policy that has a storage option. With storage insurance, your liability coverage drops because you will not be using your RV to camp or putting it on the road. Once you take it out of storage, you will need to notify your agent so the liability can be put back into effect.

Who’s Responsible?

Most storage facilities have a policy in place that will cover damage to RVs on their property if an event happens on the property that is not the RV owner’s fault.

If you own an RV and live in Austin, TX, call the agents of Southwest Insurance Center and talk to them about their RV insurance policies. They can find the right policy to cover all of your recreational and RV insurance needs.

 

Whether you are considering purchasing a boat or you already own a boat, one of the most important things many people in Austin, TX forget to invest in is boat insurance. Many people make the mistake of assuming that their boat is covered under another insurance policy, such as their home or auto, but this isn’t always the case.  Contacting Southwest Insurance Center about insurance coverage for your boat ensures that should there be a theft or damages associated with the boat, you are covered. So, what are the most common types of boat insurance? Here are the three most common types.

Hull Insurance

Hull insurance is designed to cover damages to the boat as well as any damages to the property of others that is caused by your boat. Hull insurance generally includes the cost of repairs to the boat and if there is a total loss, the hull insurance will pay coverage for the agreed value amount of the boat.

All Risk

An all-risk policy is designed to generally cover any risks that aren’t specifically excluded in the boat insurance policy. For instance, coverage may include pollution liability, ice damage, mechanical breakdown, freezing and reef damage liability. You may also have the option of including medical insurance as a rider to your All Risk policy.

Third-Party Liability

Third-party liability insurance is designed to cover damages to the property of others that is caused by your boat. This type of insurance also typically covers incidental damages due to a liability caused by medical expenses, rescue operations, towing and fuel spills. The rules and regulations for docking in a marina vary, so it’s important to find out if your marina requires a third party marine liability policy.

Just like other insurance policies, there are ways you can save on the monthly premiums. For instance, if you store your boat in a covered shelter, you may qualify for a discount, so be sure to discuss any available discounts with your insurance provider.

To learn more information about boat insurance, residents of Austin, TX should contact Southwest Insurance Center.

You never know what could happen. This is one of the random aspects that make life beautiful, but it also makes some people very uncomfortable. After all, if you build a life for yourself and your family,  you probably want to know that your hard work will not just fade if you are gone. At Southwest Insurance Center we understand, and we offer quality life insurance to help negate your worry about what could be. We serve Austin, TX and the surrounding areas with quality insurance services for all aspects of your life. 

Life Insurance To Fit Your Needs:

We offer policies that fit your specific needs. For example, if you are a single guy without any assets to insure yet you do not want to leave the expense of an unexpected funeral on your parents or closest relative then you can buy a small policy and leave a designated funeral home as the beneficiary. If you run your own business and have a lot of balls in the air at any given time a policy that covers your business completely with possibly some umbrella coverage to boot will keep your employees with jobs if something were to happen to you. If you are a family man with a steady job that keeps your family comfortable and stable, ensure continued stability with a basic life insurance policy that covers at least your mortgage and enough for your spouse to live on during the aftermath. 

Contact us at Southwest Insurance Center for a life insurance quote that fits your specific needs and allows you to feel a little better about the things you cannot control in life. We serve Austin, TX and the surrounding areas. 

Austin, TX is a great place to live, raise a family, and own a business. One thing Texas is known for is supporting businesses and people who work hard.

That’s one reason why Texas laws are designed to give your business flexibility.  Most states require businesses to pay for workers compensation insurance if there are employees, but Texas is different. 

You can choose whether or not to offer workers compensation 

If you want to discuss all the different options you could have with a workers compensation policy, we at Southwest Insurance Center would be happy to spend the time you need to explore your options.  You can choose coverage tailored to your business and its specific needs.

If you decide not to have worker’s compensation insurance at your business, you need to let your employees know when they are hired, and if the status changes. 

Opting out carries risks 

With workers compensation policy, there are limits as to how much an employee may be compensated for an injury. Without the policy, an injured employee can sue your business for an unlimited amount if there is a qualifying injury. The business would have to pay for the judgment without help. 

Kinds of worker’s comp

There are three basic kinds of worker’s comp benefits:

1. Medical benefits 
2. Income benefits 
3. Death benefits 

Almost any injury will qualify if it occurred while working unless the injury was caused by the employee’s own reckless or illegal behavior. 

If you have a business in Austin, TX, you want to protect your workers to the best of your ability anyway. Having worker’s compensation insurance makes sure that if an employee is injured he or she can get the necessary care right away. If you are thinking about whether or not your business could benefit from worker’s comp insurance, please call Southwest Insurance Center today. 

 

Almost everyone has valuable possessions, some of which have an extremely high monetary worth, while some possessions have valuable worth just to the owner. A standard home-owner’s insurance policy generally covers the primary items in your home, such as the furniture, appliances and clothing in the event of loss or theft. However, when it comes to the dollar value paid out on certain valuables, the amount paid by your homeowner’s policy may be quite low. Personal articles insurance is an additional type of insurance for the residents of Austin, TX that provides extra coverage for your valuables. Here is some brief information about personal articles insurance that is offered by Southwest Insurance Center.

What Is It?

Personal articles insurance, also known as a personal articles floater policy is a stand-alone form of coverage that is generally added to your current homeowner’s insurance policy. It provides coverage for extremely valuable items, such as rare coin collections, family heirlooms or camera equipment. The policy provides a larger level of monetary protection that what is included in the homeowner’s policy. When purchasing personal article’s floater insurance, you will need to submit a detailed list of the property you want to be covered in the policy. Each item listed must include an appraisal value and some insurance providers request proof of the appraisal.

What Does it Cover?

For the majority of homeowners, the standard homeowner’s insurance policy is enough to replace items that have been lost or stolen. However, if you have possessions that are considered to be rare and/or of extreme value, a personal articles floater policy may be necessary to ensure you receive the full value should they be lost, stolen or damaged. Some items that a personal articles insurance policy covers may include:

• Jewelry
• Furs or fur-trimmed items
• Coin and stamp collections
• Camera equipment
• Musical instruments
• Silverware
• Fine art
• Sports equipment

One of the best benefits of personal articles insurance and the reason it is known as personal articles floaters insurance is that the policy generally covers a loss to the items covered anywhere. This means if you are out of the country and your items become lost, stolen or damaged, coverage is provided, which is extremely valuable for those who travel for pleasure or business and take their valuables with them.

Residents of Austin, TX that are interested in updating their current policy to include personal articles insurance should contact Southwest Insurance Center.

If you think flood insurance is only for people who live in high-risk flood areas, think again. It’s estimated that approximately 20% of flood claims come from homeowners who live in low to moderate risk flood zones, putting almost anyone at risk of flood damage. Flood insurance from Southwest Insurance Center in Austin, TX can protect you against financial loss due to flood damage. Here’s why you should consider flood insurance for your Austin, TX home.

Homeowner’s Insurance Doesn’t Cover Floods  

Homeowner’s insurance protects you against water damage caused by rain entering your home or leaky water pipes, not flooding. Unless you have flood insurance, you’ll be covering the cost of flood damage out-of-pocket. A major flood could destroy your home and all its contents. The risk of losing everything you own should prompt you to consider flood insurance protection for your home.  

Floods are an Extremely Common Disaster

As evidenced by recent climate change events, flooding can occur to anyone in just about any location. It’s one of the most common natural disasters occurring across the country today. Hurricanes, tornadoes and tropical storms can all lead to flooding, putting homeowners at even greater risk of losing their home. By investing in flood insurance, you can be prepared against this unforeseen disaster.  

Saves You from Financial Ruin

Even a small flood can result in thousands of dollars’ worth of damage to a home. It only takes 3 inches of flood water to ruin carpeting, furniture, hardwood flooring, baseboards, and drywall. Imagine what a foot of water can do to the interior of your home. In contrast, flood insurance may cost you several hundred dollars annually, depending on the location, size, and value of your property, making it a worthwhile investment for your family.

For more information on flood insurance options and costs, contact Southwest Insurance Center in Austin, TX.

Umbrella insurance is a sort of mystery to many regular insurance policyholders. By its nature, this type of insurance is not specific to what it covers. Therefore, you may not realize that this kind of coverage would actually be useful for you until you become more familiar with the concept of an umbrella policy.

The truth is Insurance providers like Southwest Insurance Center, who offer an umbrella policy save the livelihoods of many individuals as well as their businesses. Read on to find out if umbrella coverage is for you.

What Exactly Is Umbrella Insurance?

To fully understand what an umbrella policy entails, you have to envision a literal umbrella. An umbrella protects you from the rain, sun, or other elements of the weather, kind of like your own personal roof. The umbrella keeps your whole body dry and cool. This is exactly how an umbrella policy relates to insurance coverage.

An umbrella insurance policy is not specific on purpose. It is meant to cover any gaps or limits all of your other policies may encompass. For instance, if you have a basic homeowner’s policy for your Austin, TX home, an umbrella policy can cover any damages that aren’t covered by this basic policy in case of an unfortunate disaster.

If you own a car but your auto insurance coverage is a bit skimpy, your umbrella coverage can kick in past the limits of that auto policy. Umbrella insurance is especially useful if your teen is newly added to your auto insurance policy.

Who Is Umbrella Coverage For?

The short answer is that anyone can benefit from purchasing an umbrella policy. This type of coverage is a leg up for anyone who may find themselves suddenly facing a costly emergency.

If you have many assets, though, an umbrella policy might be especially necessary for you. For instance, if you own a home, a car, and a business, an umbrella policy can keep you from losing everything you own in case of a house fire or a particularly nasty auto accident.

Are You Ready To Get Umbrella Protection?

Do you have assets you couldn’t stand to lose in case of an emergency?

If you have limited insurance policies and you don’t want to go into debt or bankruptcy should you lose your Austin, TX home, an all-encompassing umbrella policy from Southwest Insurance Center is for you. Contact us today for a quote on a policy that best fits your needs.