If you are a resident in Lubbock or Amarillo, TX, or the surrounding area, you can rely on the folks at Nest Insurance Agency for all of your family’s insurance needs. We are here to help you provide the protection that your family needs. Give us a call today!

The many benefits of life insurance for your family

Having a family is one of life’s great joys, and it only makes sense that you will want to protect them. No one with young children wants to think about their untimely death or their spouse. Unfortunately, it is something that we all must prepare for. Even after we are gone, protecting our family can help them enjoy full and happy lives.

With a robust life insurance policy, your family can adjust to their new circumstances without having the added strain of financial hardship. Even if only one spouse works outside the home, having coverage for both parents is an excellent idea. If a spouse who is the primary caregiver has to return to work, expenses such as childcare will be considered.

Losing a parent is a challenging event for children. This can become even more stressful if there are financial worries. Moving out of the family home can create even more grief and upset. And if that move requires a change of school, the problems can become worse.

Now is a perfect time to put that protection in place. 

Call or stop by today!

Lubbock and Amarillo, TX families can rely on the team at Nest Insurance Agency. We are proud to serve the insurance needs of our wonderful community. If you would like to learn about the many benefits of life insurance, give our office a call today!

When you own a business you automatically take on a lot of risks. It’s unavoidable. How you deal with that potential risk is what matters. By having the right commercial insurance, you can provide your business with the best chance of being able to survive one of the many risks trying to take it down. At Nest Insurance Agency, we have been helping businesses in Amarillo, TX to identify what risks they face and the types of commercial insurance that will provide them with the best protection. 

Why do I need commercial property insurance when I am a renter?

Part of the coverage of commercial property insurance is for the physical structure,  but the rest is for the things that belong to you inside the structure. Different businesses will have different items that are covered but, basically, it will be what you need to do business. It can be raw materials, tools, electronics, office equipment, inventory, machinery, and more. 

What is a BOP?

A BOP is a business owner’s policy. It offers some things that all small and medium businesses need and makes it easier to have a customized commercial insurance policy. The basic things that it will include are:

• Commercial property insurance
• Commercial liability insurance
• Business interruption insurance

What is business interruption insurance? 

When your business is hit by a cover hazard you may not be able to generate any income. Just because you can’t make any money, your expenses will not decrease. You will still have bills and salaries to pay. This important coverage can make the difference between surviving and having to close your doors if it takes a while to get your business back up and running. 

Contact Nest Insurance Agency in Amarillo, TX to discuss your commercial insurance needs. Stop by our office or give us a call for a quote. 

Life insurance policies are meant to care for expenses that happen after you pass. Before you become a parent, your dependents are usually at most yourself and a spouse who might be financially independent. That makes life insurance a lower priority, so it’s likely you haven’t considered purchasing a policy until your responsibility started growing. Expecting parents in Amarillo, TX can contact Nest Insurance Agency to talk to a helpful voice, or you can keep reading ahead.

Should New Parents Buy or Increase Their Life Insurance?

If a parent passes away, the surviving family has to process their grief, care for a child, pay for any post-death expenses, and find a way to continue life as normal. Any one of these tasks is difficult on its own, but the combined weight is immense. By making sure your life insurance provides an adequate amount of financial help, you can at least reduce the size of three of those burdens.

Life Insurance for Your Child

While you were probably wondering if new parents should get more life insurance coverage for themselves to help their kids, you can also help them with a life insurance policy of their own. Since children are typically at less risk, policies that cover them offer incentives like building actual cash value on top of low premiums. The accumulated value can be passed onto your child when they’re older, so it doubles as a protection in a worst-case scenario and an investment into your child’s future.

Get the Right Life Insurance Policies for Your Family

Nest Insurance Agency can show you the available options so you can settle down in Amarillo, TX or your homestead of choice with the peace of mind that you’re taking the best possible care of your family’s present and future.

Even in a moseying city like Amarillo, TX, time keeps moving forward. A ten or twenty year term life insurance policy may have felt like it would last forever, but the end may be creeping on you faster than you think. This bit of advice from us at Nest Insurance Agency has information to help you decide whether or not to hang onto that policy before its time is up.

Is the Coverage Still Right for You?

Since life insurance policies last for decades, your situation may have dramatically changed since you got it. For example, a term life policy only meant to cover funeral expenses would be a poor fit if you added a spouse or children since then. Consider whether the existing policy could handle your family’s needs in a worst-case scenario.

What Will You Lose If You Don’t Renew Your Life Insurance?

Term life insurance has minimal long-term benefits, but one with a renewable clause can be refreshed as if you were still your younger self. Over many decades, you’ll save a lot of money. If you had a term life insurance policy without a renewable clause, then you will likely only lose the benefit of coverage if you don’t renew it.

Although you don’t have to renew it, you can still decide to cancel or alter a permanent life insurance policy, but terms and conditions will apply. These policies frequently have a number of additional incentives, like an accumulating cash value that turns your premium into additional cash over time. You’ll likely be able to withdraw the cash if you cancel, but there’s no guarantee without checking your existing policy.

Do You Need Help Determining If You Should Renew?

Insurance is full of so many technicalities that everyone needs an expert at their hip. Nest Insurance Agency can be that helpful deputy if you ring up the Amarillo, TX office on SW 34th Street.

If you have started a business in Amarillo, TX, you want to keep your costs at a minimum. As such, you may want to justify any cost that you incur in your business. In light of this, you may want to know whether it makes sense to invest in commercial insurance from Nest Insurance Agency.

If you are asking whether business insurance is worth it, please consider the below reasons.

It’s the law

Depending on your state, some aspects of commercial insurance may be mandatory for your business. For instance, in Texas, businesses must invest in commercial auto insurance for all commercial cars. Failure to purchase the required business coverages leads to non-compliance penalties and fines.

To protect you from lawsuits

When running a business, lawsuits can strike anywhere and anytime. You could be sued if an employee is injured when your product causes harm to a consumer, or after publishing a report deemed malicious.

Given the ubiquitous nature of litigations, you must invest in commercial insurance to protect your business from financial losses.

Protects your employees

Commercial insurance protects your most valuable assets — the employees — from accidents in the workplace. If you have no motivation to invest in business insurance, think about the safety of your employees.

To keep your business running

Did you know that one peril can grind your business to a halt? Yes, suppose a fire or an expensive legal suit strikes your business? The damage could be too severe for your business to survive. If you want your business to survive for many years to come, investing in business insurance is compulsory.

Boosts your credibility

Business insurance makes your business look reputable. As a result, suppliers and customers will want to do business with you because their interests are well-protected.

Invest in commercial insurance today!

Would you like to protect your Amarillo, TX business? Don’t hesitate to get in touch with Nest Insurance Agency for an affordable quote.  

Lawsuits are unexpected, and your underlying coverages may not cover their accrued expenses. Umbrella Insurance offers additional protection for injuries and accidents you’re sued or liable for. It is ideal for people with valuable assets or greater risk exposure. In Texas, insurance policies are made for rainy days, and when the rain turns into a storm, umbrella insurance will help protect what matters most. Nest Insurance Agency offers umbrella insurance services to residents of Amarillo, TX.

Umbrella Insurance in Texas

Often, you find yourself subject to an unexpected accident or legal claim. In Texas, juries are unpredictable, and as it costs nothing for a lawsuit to be initiated, defending yourself can get very costly. Umbrella insurance protects a variety of unanticipated mishaps and probable financial perils.

What is Covered in Texas’ Umbrella Insurance?

Umbrella insurance covers liability for different types of risks, excluding property losses and personal medical expenses. If you cause injuries during an accident or if someone is hurt on your property, don’t panic. This policy covers expenses for injuries and property damage in accidents you or your dependent causes. It also sums up other legal costs depending on your needs and the attorney.

The Costs of Umbrella Insurance in Texas

Compared to the amount of protection offered, umbrella insurance is a very affordable expense. The carrier provisions determine the insurance costs, the amount of coverage purchased, your driving record, and your risk profile. Mostly, these policies are purchased in increments, and they are inclusive of protection beyond and above basic insurance liability limits.

A Texas umbrella insurance policy offers higher coverage costs for minimum liability policies, which reduces probable liability exposure. It covers things that aren’t included under typical auto and home policies and helps pay for legal defense if you get sued.

In the litigious world we live in, Nest Insurance Agency is dedicated to providing the best line of defense in tough situations. We work with residents of Amarillo, TX to evaluate risks and assets that need protection. Contact us to choose a suitable umbrella insurance policy.

Are you worried about how your dependents would survive if you died today? Worry no more. Life insurance could be the solution you have been searching for. Your loved ones can use the proceeds from your life insurance to meet their financial obligations. And that’s not all. If you doubt life insurance, here are the five advantages you risk missing out on when you don’t invest in a life insurance plan from Nest Insurance Agency of Amarillo, TX.

Pays your debts

When you die, your debts don’t disappear. You leave the burden with your loved ones and cosigners. Thankfully, if you have a life insurance plan, the proceeds can be used to settle your mortgage, credit cards, and student loans. 

Pays your funeral expenses

Study shows that not many Americans have adequate savings to finance their final expenses. And since funeral expenses are costly, investing in life insurance is pivotal since the proceeds can be used to meet your final costs. This way, your family and friends can mourn your loss in peace without thinking about funeral expenses. 

Peace of mind

When you have invested in life insurance, you don’t have to keep worrying about what will happen to your loved ones when you are long gone. Life insurance keeps you relaxed, knowing that the financial interests of your beneficiaries will be taken care of in your absence. 

You can borrow loans against your investment

When you invest in whole term insurance, you can take loans against your cash value portion. Although this will reduce your death benefit, this coverage can answer your liquidity problems when alive. 

It’s tax-free

When your loved ones receive the life insurance lump sum, it’s usually tax-free. This way, they have a large amount at their disposal to pay off debts, finance everyday obligations, handle childcare, college fees, and so on. 

Invest in life insurance today!

Would you like to secure your loved ones and other financial interests? Don’t hesitate to get in touch with Nest Insurance Agency of Amarillo, TX today to help you choose a life insurance plan that suits your needs. 

From the day you established your business in Amarillo, TX, you are exposed to risks. Ranging from theft, fire, lawsuits, accidents to natural disasters, your business operates in a volatile environment. For this reason, you need proper commercial insurance in place to cushion your business when catastrophes strike. Fortunately, businesses have numerous commercial insurance coverages to choose from. Here are four commercial insurance add-ons to consider for your business, according to Nest Insurance Agency.

Workers’ comp insurance

Whether you have seasonal, part-time, or full-time workers, you need to protect them from work-related injuries and general illnesses. Workers’ comp insurance helps you protect your most valuable assets by paying for their medical costs, partial loss of income, and funeral expenses, following workplace injuries or other illnesses. 

Liability insurance

Since businesses operate in a litigious environment, investing in liability coverage is a must since one liability claim can wipe your hard-earned business. For this reason, you need liability coverage to protect your business against advertising injury, property damage, and bodily injury from third parties. This way, you don’t have to use your business resources to finance expensive liability claims.

Property insurance

Whether you own or have leased your commercial building, property insurance is a no-brainer. Besides, this coverage protects your inventory, furniture, computer equipment, and other assets from perils like lightning, hail, fire, theft, and so on. However, you may need separate covers for mass-destruction perils like floods and earthquakes since typical business insurance won’t protect you. 

Cyber liability

While the increased use of the internet is a life-saver for businesses, the downside to it is the increased upsurge in cybercrimes. As a result, you need cyber insurance to protect your business, especially if you are an online-based business. While cyber liability insurance doesn’t prevent cyberattacks, it helps reduce the financial burden of cyber-related crimes.

Buy commercial insurance today!

If you are a business owner in Amarillo, TX, contact Nest Insurance Agency to purchase an affordable commercial insurance policy today. Business insurance is the best line of defense for your business to thrive in an uncertain environment.

Classic cars are stylish and timeless rides that are sure to be subjects of envy. However, it is important to insure your classic car so that you can enjoy it for years to come. At Nest Insurance Agency, serving Amarillo, TX area, we want you to keep rolling’ along with a classic car insurance policy that is right for you.

To be considered ‘classic’, your vehicle must be between 19 and 24 years old and be of limited production or feature exceptional workmanship. If your vehicle is 25 years or older, it is considered an antique.

What separates classic cars from regular cars?

The state of Texas requires car insurance on all vehicles, no matter the category, so it is important that you insure your ride. Classic or antique cars hold or increase in value over time, whereas regular cars actually depreciate in value. Not to mention, classic cars often have original manufacturer parts and features that make them so unique in style.

It is due to these differences that classic and antique cars cannot (and should not) have the same car insurance as regular cars. There can be a lot of confusion to add on what seems like an additional auto insurance policy, but with Nest Insurance Agency it is an easy cruise down the main avenue. We want you to be focused on the road ahead, not on what could happen in the event of an accident or damage.

If you have any questions regarding your current policy, or you are looking to add a classic car insurance policy, contact us at Nest Insurance Agency, serving the Amarillo, TX area. Our agents are here to help answer any questions and guide you to finding the right coverage for your classic car.

Why is life insurance an option for young people?

A few years ago, many people assumed life insurance is for the older generation and not worth buying when you are young, but that’s an old tale. Today, anyone with a reliable income can buy life insurance. However, it’s imperative to look at your options and priorities and make a wise decision. So, why is life insurance a good financial consideration when young? 

The younger you are, the cheaper it becomes

One of the main factors that affect your life insurance premiums is age. Insurance companies in Amarillo, TX will look at your age to determine the likelihood of filing a claim at some point in the future. The more years your policy stays in force, the more money your insurance company will earn. In simple terms, your insurer wants you to live long, so they will never have to pay a claim. So, it’s a win-win situation for both parties.

Young and healthy, very promising

Insurance premiums rise with age and health. The older you are, the more likely you are to get sick. If you don’t want a medical exam performed to check your health, your insurer will raise your premiums. That’s why we recommend speaking to a life insurance expert at Nest Insurance Agency to guide you through the process and ensure your premiums are as low as possible. Additionally, your lifestyle also determines your health risk. For instance, if you smoke or take alcohol and other substances, the company may hike your life insurance premiums. 

Waiting is costly

While it may seem awkward and ridiculous to buy life insurance at a young age in Amarillo, TX, there is a substantial benefit to it. You will enjoy low premiums for the entire policy duration, and you can raise your coverage limits when you have dependents. You should not ignore the fact that old age comes with many responsibilities, and you are at risk of developing health conditions.

Don’t wait to buy, buy and wait. Our insurance agents at Nest Insurance Agency can help you find a policy that fits your budget and style. Contact us today!