Insurance is an important aspect of financial planning, offering protection when required. However, people often find out that the expenses or damages incurred post-accident or claim exceed their policy limits. For such situations, an umbrella insurance policy can be beneficial, covering gaps in your insurance coverage. This is why people around Austin, TX, cherish and extensively depend on our experienced team at Southwest Insurance Center to manage their insurance requirements.

For All the Gaps in Your Insurance

Uncertainty about appropriate coverage, doubts about policy limits being efficient enough, and worries about possible gaps in coverage can cause distress. The unpredictability of accidents and the unexpected can result in costs, bills, and damages far beyond the anticipated amounts when purchasing an insurance policy. Fortunately, with guidance from seasoned insurance agents, coverage that shields these potential gaps, or additional coverage for utmost protection, can be acquired.

Umbrella insurance can often prove to be the answer to such dilemmas. It provides that additional layer of protection, like insurance for your insurance, and often, that little extra you need.

If you live in the Austin, TX, area and are considering umbrella insurance solutions or have any questions about umbrella insurance, we are here for you. Reach out to us and schedule a meeting at the Southwest Insurance Center. Our friendly and expert team of agents is ready to assist you with all your insurance requirements today.

Motorcycle insurance policies typically cover policyholders for liabilities arising from operating their motorcycles, but the coverage does not extend to specific situations called exclusions. As a rider, you should know the situations that limit or disqualify your coverage. If you live in or near Austin, TX, and have any insurance questions, including your policy’s exclusions, contact us at the Southwest Insurance Center for assistance.

Common Motorcycle Insurance Exclusions

All insurance policies and their corresponding rates carry certain assumptions about risk. To limit the insurer’s risk, policies often do not cover the policyholder whose liabilities occur while engaged in high-risk or illegal activities. You should review your policy’s exclusions with your agent to ensure you understand how your behavior can affect your coverage. For example, policies generally do not cover liabilities that occur when:

• Committing a crime
• Riding recklessly
• Under the influence of alcohol or a controlled substance 
• Causing deliberate damage to others’ property
• Participating In organized races and timed events
• Transporting passengers or delivering products for hire

In addition to the above items, policies often require you to name the individuals authorized to ride your bike. Your coverage becomes invalid if you lend your motorcycle to someone not named in the policy.

Every policy has exclusions, so you should review them with your agent to confirm you understand and accept them, or you may need to find an alternative or supplemental policy. For example, buying a separate race day or commercial vehicle policy is advisable if you plan to make deliveries with your motorcycle.

Insuring Your Motorcycle with Southwest Insurance Center

Southwest Insurance Center serves the Austin, TX, area. Our team helps community members with motorcycle or other insurance needs, so call us today at (512) 280-6100 or schedule an appointment through email.

Obtain coverage for your watercraft and the essentials you depend on when boating. Also, consider upgrading your boat insurance policy through an agent at the Southwest Insurance Center.

Boat Insurance

Boat insurance coverage options range from comprehensive policies and standard policies to specialized add-on insurance products. Boat insurance covers both active use of your watercraft—including the essentials stored onboard—and when your boat is dry docked.

Additionally, an insurance policy can include coverage protecting against damage or theft while your watercraft and boating accessories are in tow.

Watercraft

Insuring your boat offers protection against body damage, mechanical failures, theft, and vandalism. It’s recommended that your boat undergo regular inspections, which can identify any cosmetic flaws or mechanical issues that need your attention.

Electrical Components

Items like lighting, dashboard materials, and other fixtures installed within your boat may utilize electrical components.

Your boat insurance policy can cover all these materials. In the case of electrical failures, the coverage will shoulder the cost to repair or replace the faulty electrical materials.

Furnishings

The furnishings within your boat are susceptible to water damage, theft, and vandalism. Conducting an annual check on the furnishings can determine their condition. It’s advisable to cover any valuable furnishings with your boat insurance policy.

Contact Our Team!

Reach out to one of our Austin, TX agents for personalized help with upgrading your boat insurance policy. The agent will walk you through potential boat insurance add-ons that might be beneficial for you.

At Southwest Insurance Center of Austin, TX, we address misperceptions about life insurance almost daily.

There are misperceptions about how expensive life insurance may be (it is not), how difficult it may be to qualify (it is easy), or when the best time to buy it may be (the younger you are, the more affordable it will likely be).

Another set of misperceptions involves who does and who does not need life insurance. One such misperception is that single parents don’t need life insurance. The opposite may actually be true.

If The Other Parent is Out of The Picture

For one reason or another, the other parent may not be an option to take over childcare. That responsibility may be on another family member. Life insurance can help provide a better lifestyle for any children and help relieve a financial burden from a family member.

Covering Final Expenses

Life insurance can cover final funeral or burial expenses and take care of any remaining personal debts.

Help Provide for a Future Education

Enough life insurance coverage can help ensure a future college education for a child left behind. It can be a selfless gift of love that pays dividends far into the future.

Are You a Single Parent? Get a Life Insurance Quote Today.

Being a single parent is not easy. There can be difficult decisions, and making the effort to secure a child’s future through life insurance may be one of them.

Contact us at Southwest Insurance Center of Austin, TX, for a free quote today. You may want to start with a smaller policy and add to it as time and resources permit.

Don’t let a misperception stop you from being your best. We are here to help.

As a business owner, even small decisions can have a large impact. Who should you hire for your company’s marketing campaign? Should your business invest in a security monitoring system? Does your company have the necessary commercial insurance coverage? That is also why, when it comes to answers for insurance that make a difference, companies from in and around Austin, TX, turn to the professionals at the Southwest Insurance Center for their insurance needs. 

For example, hiring the marketing agency that helped your business explode with growth or how contracting with your local security company stopped that potential costly theft attempt. Choosing the right commercial insurance can also pay dividends when needed. Is your business protected? Small decisions like selecting the right commercial insurance solutions can be big deals.

Protect Your Business with the Right Commercial Insurance Solutions

For business owners, protecting their companies and the business they have worked so hard to build is priority one. The right commercial insurance solutions can help protect companies from liability claims to catastrophic events like fires. That is also where working with a professional and experienced agent can help.

At the Southwest Insurance Center, our team of friendly and knowledgeable agents helps Austin, TX, business owners find the insurance solutions they need to keep their businesses safe. Insurance may not seem like a big deal, but if you ever need it, there isn’t anything more important than having the coverage that only insurance can provide.

Commercial Insurance Solutions in Austin, TX

The question is simple: Is your business protected? Are you not sure? Do you need to update your policy or want to hear about commercial insurance options? Then, the team at the Southwest Insurance Center can help. Contact us to learn more and schedule an appointment for your business’s protection today.

How much protection your home insurance provides depends on which coverage level you buy from Southwest Insurance Center. Home insurance comes in HO-1, HO-2, HO-3, HO-5, and HO-8 forms. Each form covers a different number of perils, such as fire and earthquake, so which you choose can impact how well protected you keep your Austin, TX, home.

Named Peril Coverage

Most homeowners’ insurance policies feature peril coverage, meaning that only the perils mentioned in the policy receive coverage. HO-1 and HO-8 policies cover ten perils, while HO-2 policies cover fifteen.
Financial institutions typically require home buyers who want a mortgage loan to obtain an HO-3 policy. These policies cover the most common perils but still don’t cover everything.

All-Perils Insurance

Only HO-5 policies cover all possible perils. Even if a satellite orbiting Earth crashes into your swimming pool, your HO-5 policy covers it. In insurance, we always say, "Expect the unexpected." That’s why we encourage people to buy all-peril coverage. The premiums only cost a little more per month than an HO-3 policy, but you fully protect your home against financial loss.

Which Policy Do You Need?

We can’t answer that in a blog because every homeowner’s situation differs. Call Southwest Insurance Center for an appointment to create a custom home policy. Protect your Austin, TX, home with a policy designed specifically for it, which covers the gazebo, pool, trampoline, and mother-in-law suite.

We don’t believe in cookie-cutter home insurance, and neither should you! Let us help you design a policy that protects your home, everything in it, and the recreational areas of your yard, too. Call us today.

If you’ve heard about umbrella insurance and wonder whether it’s right for you, you may be eligible for it. Before you get an umbrella insurance policy, you have to have two other policies in place. These are affected by the umbrella policy, so you need to have them before looking into umbrella insurance. If you’re eligible for umbrella insurance, call us at Southwest Insurance Center in Austin, TX, to find out more. 

Home and Auto Insurance 

If you already have a home insurance policy and an auto policy, you can get an umbrella policy to add more coverage to them. Umbrella insurance is a way to add more coverage to both policies simultaneously. An umbrella policy gives you an extra layer of liability coverage for those policies. Many home and auto policies don’t have much for their liability coverage. This can mean that after the policy has maxed out, there are still bills that you’re liable for. This can cost an enormous amount to pay. Medical bills can be catastrophic if you’re required to pay them. 

Paying the Overage

If you have this overage to pay and you have umbrella insurance, it will step in after the home or auto policy to pay whatever is still due. Umbrella policies have an enormous amount of coverage, and this can come in handy when an accident has been serious and expensive. If you don’t have umbrella insurance, all of those overage charges will be yours to pay on your own, which could easily mean bankruptcy for some people. 

Get Umbrella Insurance

If you already have a home and auto policy, it may be time to consider umbrella insurance. To get started, call Southwest Insurance Center in Austin, TX.