Our agents at the Nest Insurance Agency serving the Amarillo, TX area are touting the importance of having an umbrella insurance policy and explaining what it covers. They understand that protecting your assets is extremely important to you and your family.

What is Umbrella Insurance?

Umbrella Insurance is a type of insurance policy you can add to your other policies, such as your home and auto policies, to give you and your assets an extra layer of protection.

What Does Umbrella Insurance Cover?

An umbrella insurance policy will add extra insurance coverage in various ways. For instance, if someone falls on your property, your home insurance will cover their medical bills, but only to a certain point. If their bills exceed the amount of coverage you have, you would be forced to pay the rest out of your pocket. With an umbrella insurance policy in place, it will kick in and help pay those excess medical bills. Also, if the person files a lawsuit against you, your umbrella insurance will help you and may even cover your attorney and other legal fees.

Umbrella insurance will also cover some things not usually covered by your primary policies. For example, if you are accused of slander, libel, or copyright infringement by someone, or you are falsely arrested, your umbrella insurance policy will come in handy. It can also take care of any gaps in your regular insurance policies and sometimes even cover things excluded from your primary coverage options.

Contact Nest Insurance Agency

If you want to create an umbrella insurance policy that works for you and your situation, contact our experienced agents at the Nest Insurance Agency serving the Amarillo, TX area today!

Many full-time employees are eligible for life insurance through their employee benefits plans, but is the insurance coverage acquired through work enough to meet their family’s needs? The answer depends on several factors, and the Nest Insurance Agency, serving Amarillo, TX, will be happy to review these issues with you.

Life Insurance Through Work

Organizations often offer employee life insurance coverage as part of their benefits plans. This coverage had several advantages for employees:

• Cost: Employees often receive some coverage for free, with the option to buy more.
• Guaranteed: Employees are eligible without medical exams and regardless of their medical history.
• Convenient: Employees receive coverage with little or no effort.

While those are good reasons to accept employer-provided life insurance, the policies often fall short in other areas.

• Limited Coverage: The primary problem with employee-provided life insurance is that the policies typically provide less coverage than families need. For example, the State of Texas offers employees only $5,000 in life insurance and allows supplemental coverage up to four times the employee’s salary. Both amounts fall below a typical family’s needs.
• Tied to Job: Employees often lose coverage when they change employers.
• Spouses: Employee-provided insurance seldom covers spouses.

While it makes sense to accept the free coverage through work, the amount of insurance you need depends on your age, family makeup, job mobility, medical history, and financial resources. Considering those factors, most people need more life insurance than they receive through their jobs.

Working with Nest Insurance Agency

If you live in or near Amarillo, TX, and want to ensure your family is adequately protected, call or stop at Nest Insurance Agency today to receive a quote for the life insurance coverage you need.

Employers have a moral obligation to provide their employees with safe working conditions. However, accidents can happen in any workplace, even in the Amarillo, TX area. That’s why it’s so crucial for employers to make sure they are adequately insured with workers’ compensation insurance from Nest Insurance Agency.

Workers’ compensation insurance is a form of insurance that provides financial protection for workers who become ill or injured due to a job-related accident or illness. This coverage pays out to cover lost wages, medical bills related to the injury, and funeral expenses in the case of death. Not only does this ensure that employees are adequately compensated, but it also helps protect employers from liability should an employee file a lawsuit due to an injury or illness sustained while on the job.

All businesses, regardless of size, should make sure they have adequate workers’ compensation insurance in place. It’s not just a legal requirement – it’s also the right thing to do. Workers deserve to be taken care of if something happens while they’re on the job, and having proper coverage in place will ensure they receive the necessary support should such an incident occur. In addition, workers’ compensation insurance can cover rehabilitation and retraining costs for employees who cannot continue performing their current job. This helps businesses stay competitive in the marketplace by ensuring they have a steady flow of trained and skilled personnel ready to take on new roles. 

For more information, give us at Nest Insurance Agency a call today. We are proud to serve the Amarillo, TX area and would be happy to help you find the right policy for you.

You have put tremendous work and pride into restoring your classic car, which means you will want to protect it by having an adequate amount of classic car insurance in place. In the great state of Texas, the minimum amount of classic car insurance you need is liability coverage for any bodily injuries or property damage you may cause in an accident. Otherwise, the amount of classic car insurance you have in place is up to you. Still, it is recommended by the classic car insurance agents at the Nest Insurance Agency serving the Amarillo, TX area that you have an adequate amount to protect your investment.

Classic Car Insurance in Texas

In Texas, your vehicle must be at least 25 years old to be considered a classic car that needs specialized insurance in place.

Classic cars are unlike regular vehicles since you do not drive them daily to work, the grocery store, or other places. It would be best if you only were driving your classic car for special events, parades, and other occasions where it is necessary to drive your gorgeous vehicle and show it off to others. This means you will want comprehensive and collision classic car insurance in case of an accident. This type of insurance will help you repair your gorgeous car if it is damaged in a collision, weather event, or other disaster.

Contact Nest Insurance Agency

It is imperative that you enlist the assistance of an insurance agent who has experience in the area of classic car insurance to ensure you have the proper amount of insurance coverage. Call today to get your policy started with one of the experienced classic car insurance agents at the Nest Insurance Agency serving the Amarillo, TX area!

As a driver in Amarillo, TX, you know that accidents can happen at any time. That’s why insurance coverage is essential to protect yourself and your assets. While you may already have car insurance, it may not be enough to cover all damages in case of a major accident. This is where umbrella insurance comes in.

Umbrella insurance is an extra layer of protection that goes beyond the coverage of your basic auto insurance policy. It provides additional liability coverage that can help you pay for damages and legal fees if you’re found responsible for an accident. This coverage can also help protect your assets, such as your home and savings if you’re sued for damages that exceed your car insurance limits.

At Nest Insurance Agency, we serve Amarillo, TX, and understand the importance of comprehensive insurance coverage. Our team of experienced agents can help you find the right umbrella insurance policy that fits your needs and budget. We work with multiple insurance carriers to provide the best coverage options at competitive rates.

With Nest Insurance Agency, you can know you’re protected from unexpected accidents and lawsuits. Our agents will work with you to customize a policy that fits your unique situation, whether you’re a high-net-worth individual or a young driver just starting out. With our flexible payment plans and some plans with no-annual upfront fees, you can take advantage of our low rates and peace of mind today.

You can visit us to learn more about our policies. We’re here to help you find the coverage you need at the best prices. Don’t wait until it’s too late to protect yourself and your assets. Contact Nest Insurance Agency today to learn more about our umbrella insurance policies and how they can help you stay protected on the road.

Buying a life insurance policy can be intimidating in Amarillo, TX. There are many questions to consider, such as deciding which policy is right for you, how much coverage you need, and what the policy terms should be. One of the most pressing questions we hear at Nest Insurance Agency is, "What happens if I die right after I buy a life insurance policy?" Fortunately, your family can still receive benefits. 

Life Insurance Payouts When You Die Right Away 

When you buy a traditional life insurance policy, like term or whole life coverage, your beneficiaries will receive benefits regardless of when during the term you pass away. Traditional policies are based primarily on death benefit payouts, not on accrued cash value like other insurance policies. As long as your premiums were paid up-to-date and your death falls within the term period, your beneficiaries will receive the total death benefit payout from your life insurance provider. 

No Waiting Period for Death Benefit Payouts 

Most life insurance policies do not have any waiting period before death benefit payouts can be made to beneficiaries following the insured person’s death. In other words, even if you die shortly after purchasing a policy, there won’t be any delay in receiving payments from the insurer—as long as all paperwork has been filled out correctly and premiums are up-to-date at the time of death. 

If you live in Amarillo, TX, and have questions about life insurance benefits, don’t hesitate to contact Nest Insurance Agency today! Our experienced agents would love to answer your questions about securing quality coverage for yourself or your loved ones. Get started building financial security with us today!

Whether you own a restaurant, run a manufacturing plant, or oversee an office building in Amarillo, TX, investing in commercial insurance protects your business from unexpected losses. Let’s look at some benefits of investing in commercial insurance and how Nest Insurance Agency can help you find the right coverage for your business. 

Protection From Unexpected Events 

Commercial insurance covers your business assets and helps protect you from unexpected events such as theft, fire, vandalism, and other property damage. It will also offer protection against lawsuits brought against your business by customers or employees. Having the right kind of insurance can help minimize financial losses that can occur due to these types of events. 

Flexible Coverage Options 

No two businesses are the same, and each has its own needs regarding commercial insurance. That’s why many different types of coverage are available for companies in Amarillo, TX. You can choose from liability coverage, property damage coverage, workers’ compensation coverage, and more, depending on what type of protection you need for your business.  

Peace Of Mind 

Having the right commercial insurance provides peace of mind knowing that you have taken steps to protect your business from potential losses. Investing in the correct type of insurance assures you that even if something unexpected happens, you will be covered financially and won’t have to worry about the burden falling on you and your business.  

Commercial insurance is an essential investment for businesses in Amarillo, TX—no matter their size or industry—as it protects them from unexpected events like theft or property damage and has flexible coverage options tailored to meet each business’s needs. For more information regarding commercial insurance options, please get in touch with Nest Insurance Agency today!

Deciding to have children is a huge decision, and it’s one that only some couples make. Childfree couples don’t have the exact financial needs of couples with children, so their life insurance needs can differ. While child-free couples don’t need to provide for a family, they still need financial security if something happens. This article from Nest Insurance Agency of Amarillo, TX will explain why life insurance is vital for child-free couples and how to decide which coverage is best for your situation.

You are protecting your spouse.

Life insurance can provide financial security for your spouse after you pass away. It can help replace lost income, cover expenses such as funeral costs or medical bills and pay off debt. It can also provide a lump sum of money that can be used to invest and create an income stream for the future.

You are protecting other dependents.

Other dependents besides a spouse or children who can rely on life insurance are parents, siblings, grandparents, grandchildren, and other relatives. They can use the payout to replace lost income, fund college tuition, and provide a source of retirement income. For business owners, life insurance can provide stability while the business transitions after your passing.

You are paying it forward.

One way to use a life insurance policy to benefit organizations vital to you is to name those organizations as the beneficiary of the policy. This means that, upon your death, the proceeds from the policy will be distributed to the designated beneficiary. This can effectively support charities, churches, schools, and hospitals that are important to you. For example, you could name a favorite charity as the beneficiary of your policy and ensure they continue receiving your support even after your death.

We specialize in life insurance at Nest Insurance Agency in Amarillo, TX. With us, you can be sure that you will provide for your loved ones in the event of your passing. Please reach out to us today to learn more!

When you open your business, you know you need insurance, but what type of commercial insurance do you need? Let Nest Insurance Agency answer that. Contact our office for a commercial insurance consultation on your Amarillo, TX business, and we’ll help you determine which of the more than 20 types of commercial policies your business needs.

Starting with a BOP

Many businesses start with a business owners policy (BOP) and build onto it with various options specific to their own business. These policies vary by the type of business or the structure from which the business operates.

For example, you buy a building with plate glass windows. Your insurance agent would likely recommend glass insurance to specifically insure the windows.

More Than 20 Types of Policies

You’ll have more than 20 types from which to choose when building this policy, so your agent will help by pointing out the policies that make the most sense for your business type.

For example, a home-based business needs a policy designed specifically for that business type, while a doctor’s office would need malpractice insurance.

Choosing the right policies means knowing the typical risks of the business. The major types of commercial policies include the following:

• liability insurance
• boiler insurance/mechanical breakdown coverage
• glass insurance
• debris removal insurance
• builder’s risk insurance
• inland marine insurance
• errors and omissions insurance
• business interruption insurance
• ordinance or law insurance
• tenant’s insurance
• crime insurance
• fidelity bonds

You can also add umbrella insurance to any policy that already has a liability policy.

Contact Nest Insurance Agency

Contact Nest Insurance Agency serving Amarillo, TX today for more information or to make an appointment for a consultation.

Nest Insurance Agency offers umbrella insurance policies, so you can add extra liability coverage to help protect your financial security. You can only purchase umbrella insurance, a secondary type of insurance after you purchase a primary policy.

What Qualifies as a Primary Policy?

You can add umbrella coverage to the policy that protects your Amarillo, TX home or business, whether you need a homeowner’s policy, renters’ insurance, dwelling policy, or if you require coverage for a commercial business.

In fact, any policy that includes a liability can qualify as a primary policy. That means you can add it to the following insurance policies:

• Home,
• Auto,
• Commercial,
• Construction,
• Boat/Other Watercraft,
• Motorcycle,
• RV.

If the policy you own contains a liability component, it can serve as the primary policy.

Why Add Umbrella Coverage?

Individuals already own the maximum liability coverage available on their primary policy turn to an umbrella to increase it. For example, you might insure your vehicle for $250,000/$500,000/$250,000 because you drive frequently or as part of your business. An umbrella policy lets you add to your policy’s maximum liability coverage.

Certain lifestyles or careers create a need for this. That includes those who travel each weekend or drive for Uber or Lyft. Perhaps you carpool or drive your child’s sports team everywhere.

Because you use your vehicle more often, you increase the likelihood of an accident. The added liability coverage that the umbrella provides covers your needs.

Contact Nest Insurance Agency

Let Nest Insurance Agency help you protect your financial security by adding umbrella insurance to your commercial, auto, boat, motorcycle, or home insurance. Let us help you protect your finances if you incur liability from an accident in Amarillo, TX or while on a road trip.