Buying a property subject to the existing mortgage can create unique insurance questions.  The deed may transfer to a new owner while the existing mortgage remains in place. That means the investor, existing borrower, mortgage lender, loan servicer, and insurance company may all have different interests that need to be properly coordinated.

Sams One Stop/Sams Insurance Group helps Texas real estate investors explore insurance options for subject-to properties, including properties acquired by individuals, LLCs, trusts, and other ownership structures, subject to insurance-company eligibility and underwriting requirements.

SUB TO INSURANCE STRUCTURE:

*Primary Insured:  This will be the new owner of the property.  Some insurance company underwriters require that the primary insured be a natural person.  If the deed has been transferred to an entity (Trust, Corp, LLC, etc), the primary insured will need to be either the trustee of the trust, or the owner of either the corporation or LLC to which the deed to the property has been transferred.

*1st Mortgagee:  This will be the loan servicer on the mortgage between the previous owner and the current lender.  Please make sure that the loan servicer's or lender's appropriate mortgagee clause is listed, along with the appropriate loan number associated with this mortgage.  This information can be found in the previous owner's online mortgage account, or on a recent mortgage statement.

*2nd Mortgagee (if applicable):  If the property is acquired subject to the existing mortgage and being sold via a wrap around owner finance transaction, the 2nd Mortgagee will be the seller/lender offering owner financing to a new buyer.  A loan number will have to be created and listed related to this transaction as well. 

*Additional Insured(s):  The previous homeowner that is the named borrower on the underlying mortgage needs to be listed as an additional insured. 

Visit our webpage to learn more information about obtaining insurance pertaining to a subject to transaction, and request a quote by accessing this link:  https://samsonestop.com/subject-to-insurance-san-antonio/

Need insurance coverage for your subject to transaction?

Call me at (210) 788-1034 or email me at aaron@samsonestop.com to discuss your insurance needs.

A wrap-around owner financing transaction can create unique insurance considerations because the property may have an existing mortgage while the seller is simultaneously financing the property to a new buyer.  At Sams One Stop/Sams Insurance Group, we help Texas real estate investors, sellers, and property owners navigate the insurance requirements associated with wrap-around owner financing transactions.

Our goal is to help structure the insurance policy so the parties involved in the transaction are properly identified and the policy reflects the underlying mortgage and the new wrap-around financing arrangement.

Wrap Around Owner Finance Insurance Structure:

*Primary Insured:  This will be the new owner of the property.  Some insurance company underwriters require that the primary insured be a natural person.  If the deed has been transferred to an entity (Trust, Corp, LLC, etc), the primary insured will need to be either the trustee of the trust, or the owner of either the corporation or LLC to which the deed to the property has been transferred.

*1st Mortgagee:  This will be the loan servicer on the mortgage between the previous owner and the current lender.  Please make sure that the loan servicer's or lender's appropriate mortgagee clause is listed, along with the appropriate loan number associated with this mortgage.  This information can be found in the previous owner's online mortgage account, or on a recent mortgage statement.

*2nd Mortgagee:  The 2nd Mortgagee will be the seller/lender offering owner financing to a new buyer.  A loan number will have to be created and listed related to this transaction as well.

*Additional Insured(s):  The previous homeowner that is the named borrower on the underlying mortgage needs to be listed as an additional insured.

Learn more about how we insure wrap around owner finance transactions, and request a quote by accessing this link: https://samsonestop.com/wrap-around-owner-finance-insurance-texas/

Need insurance for a Texas wrap-around owner finance transaction?

Contact us at (210) 788-1034 or aaron@samsonestop.com to discuss your property and request a quote.

Protect your home and personal property against covered losses and address your personal liability exposure.  Homeowners insurance may be appropriate for owner-occupied residential properties and can include coverage for the dwelling, personal property, liability, and other covered exposures depending on the policy.

Learn more about homeowners insurance coverage by accessing this link:  https://samsonestop.com/homeowners-insurance-san-antonio/

Need a quote for homeowners insurance?

Call me at (210) 788-1034 or email me at aaron@samsonestop.com to discuss your insurance needs.

Owning a rental property is different from owning the home you live in.  When you rent a house, duplex, or other residential property to tenants, your insurance needs can change. A standard homeowners policy may not provide the coverage appropriate for a property that is being rented to others.

At Sams One Stop / Sams Insurance Group, we help landlords and real-estate investors in San Antonio and throughout Texas explore insurance options for rental and investment properties.  Whether you own one rental home or a growing portfolio, we can help you understand the insurance considerations for your property and obtain a quote based on your situation.

Learn more about landlord insurance coverage by accessing this link:  https://samsonestop.com/landlord-insurance-san-antonio/

Need a quote for landlord insurance coverage?

Call me at (210) 788-1034 or email me at aaron@samsonestop.com to discuss your insurance needs.

Get a Landlord Insurance Quote

Call me at (210) 788-1034 or email me at aaron@samsonestop.com to discuss your insurance needs.

Protect Your Short-Term Rental Investment

Renting your property to short-term guests is different from renting it to a long-term tenant—and your insurance coverage should reflect that difference.  If you own an Airbnb, Vrbo, vacation rental, furnished rental, guest house, or another property that you rent to guests for short stays, a standard homeowners or landlord policy may not provide the coverage you need.

At Sams One Stop / Sams Insurance Group, we help property owners in San Antonio and throughout Texas explore insurance options for short-term rental properties.

 Request a Short-Term Rental Insurance Quote Today

Call us at 210-788-1034 or email us at aaron@samsonestop.com

Your mobile or manufactured home is more than a place to live. It's your home, your personal belongings, and one of your most important financial assets.  Mobile home insurance can help protect your home, personal property, and financial interests from covered losses such as fire, theft, certain weather-related damage, and other covered events.

Sams One Stop/Sams Insurance Group helps homeowners explore mobile home and manufactured home insurance options in San Antonio and throughout Texas.  Whether you own a manufactured home in a community, a mobile home on private land, or an older manufactured home that has been difficult to insure, we can help you understand your options.

Learn more about mobile home insurance by accessing this link:  https://samsonestop.com/mobile-home-insurance-san-antonio/

Get a Mobile Home Insurance Quote Today

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss insurance coverage options for your mobile/manufactured home.

Vacant property insurance is designed for properties that are not occupied for an extended period of time. Depending on the insurance company and policy, coverage may be available for certain property damage and liability risks associated with a vacant building. 

A property that sits vacant can present different insurance risks from an owner-occupied home or an occupied rental property.  If a property is vacant for an extended period, your existing homeowners or landlord policy may restrict, exclude, or change certain coverage. Texas Department of Insurance notes that many homeowners policies do not cover certain losses after a home has been vacant for the number of days specified by the policy.

At Sams One Stop / Sams Insurance Group, we help San Antonio property owners and real-estate investors throughout Texas to explore insurance options for properties that are vacant, between tenants, undergoing renovations, awaiting sale, or otherwise not regularly occupied.

Learn more about vacant property insurance by accessing this link:  https://samsonestop.com/vacant-property-insurance-san-antonio/

Get a Vacant Insurance Policy Quote Today

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss insurance coverage options for your vacant property.

Construction and other home remodeling projects face unique risks before a building is completed. Fire, severe weather, theft, vandalism, water damage, and other unexpected events can result in significant costs when a structure or construction materials are damaged.  Builders Risk Insurance is designed to protect property and materials associated with a building project during the construction or renovation period.

Sams One Stop/Sams Insurance Group helps property owners, builders, contractors, developers, and investors explore Builders Risk Insurance options for construction projects in San Antonio and throughout Texas.

Learn more about builders risk insurance by accessing this link:  https://samsonestop.com/builders-risk-insurance-san-antonio/

Need builders risk insurance coverage?

Call me at (210) 788-1034 or email me at aaron@samsonestop.com to discuss your insurance needs.

Flooding can happen when you least expect it. Heavy rainfall, flash flooding, overflowing waterways, drainage problems, and storm events can cause significant damage to homes, rental properties, and personal belongings.  One important thing many San Antonio property owners and those across Texas don't realize is that standard homeowners insurance generally does not cover damage caused by flooding. Flood insurance is a separate type of coverage designed specifically to help protect your property and belongings from covered flood losses.

At Sams One Stop/Sams Insurance Group, we help San Antonio area property owners and others across Texas to understand their insurance options and find coverage that fits their property, needs, and budget.

Learn more about flood insurance and request a quote by accessing this link: https://samsonestop.com/flood-insurance-san-antonio/

Call us  (210) 788-1034 or email us at aaron@samsonestop.com to request a flood insurance quote.

Renting a home or apartment doesn't mean you don't have a lot to protect.  Your furniture, clothing, electronics, appliances, jewelry, and other personal belongings can add up to thousands of dollars. And if someone is injured in your rental home or you accidentally damage someone else's property, you could also face unexpected expenses.  Renters insurance can help protect you from covered losses involving your personal property and personal liability.  Sams One Stop/Sams Insurance Group provides renters insurance options for tenants in San Antonio and throughout Texas.

Learn more about flood insurance and request a quote by accessing this link: https://samsonestop.com/renters-insurance-san-antonio/

Need renters insurance?

Call us at (210) 788-1034 or send us an email at aaron@samsonestop.com for a quote.

Protecting your business often requires more than a single insurance policy. A Business Owners Policy (BOP) can combine important commercial insurance coverages into one package designed for qualifying small and midsize businesses.  At Sams One Stop/Sams Insurance Group, we help Texas business owners evaluate insurance options for their businesses, including Business Owners Policies, commercial property insurance, general liability insurance, business income coverage, and other commercial insurance products.

Whether you operate a professional office, retail store, contractor business, service company, rental property business, or another qualifying small business, we can help you explore available insurance options based on your business operations and risk profile.

Learn more about Business Owners' Policies by accessing this link: https://samsonestop.com/business-owners-policy-san-antonio/

Need a BOP insurance quote in San Antonio or elsewhere in Texas?

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your business insurance needs.

Every business faces the possibility of a customer, visitor, client, contractor, or other third party claiming that the business caused an injury, property damage, or another covered type of loss.  General Liability Insurance, also called Commercial General Liability (CGL) insurance, can help protect your business against many of these third-party liability exposures.

Sams One Stop/Sams Insurance Group helps businesses in San Antonio and throughout Texas evaluate general liability insurance options based on their operations, location, products, services, contracts, and other risk factors.  Whether you operate a small office, retail business, contracting company, professional operation, restaurant, property-related business, or another commercial operation, we can help you determine what general liability coverage options may be available.

Learn more about commercial general liability insurance by accessing this link: https://samsonestop.com/general-liability-insurance-san-antonio/

Need a General Liability Insurance quote in San Antonio or elsewhere in Texas?

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your business.

Providing professional services comes with a different type of risk than simply operating a business. A client may claim that you made an error, failed to provide an expected service, provided incorrect advice, or otherwise caused financial harm through your professional services.  Professional Liability Insurance, also known as Errors & Omissions (E&O) Insurance, can help protect qualifying professionals and businesses against certain claims arising from professional services.

Sams One Stop/Sams Insurance Group helps businesses and professionals in San Antonio and throughout Texas explore professional liability and E&O insurance options based on their profession, services, contracts, clients, and risk exposures.  If a client is claiming that your professional services caused them financial harm, having the appropriate professional liability coverage may help provide protection for covered claims, subject to the policy's terms, conditions, exclusions, limits, and applicable deductible.

Learn more about professional liability/errors & omissions insurance by accessing this link: https://samsonestop.com/professional-liability-insurance-san-antonio/

Need Professional Liability or E&O Insurance in Texas? 

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your business insurance needs.

Your commercial property represents a significant investment.  A fire, severe storm, water damage, vandalism, theft or another covered event could result in substantial repair, replacement and business interruption costs.

Commercial property insurance can help protect the physical assets your business depends on, including eligible buildings, equipment, furniture, fixtures, inventory and other business property. Depending on the policy, coverage may also be available for business income losses and additional expenses following a covered loss.

At Sams One Stop/Sams Insurance Group, we help San Antonio and Texas business owners, investors and property owners evaluate commercial property insurance options based on the property, its use, the business operations and the coverage requirements involved.  Whether you own a commercial building, operate a business from leased space, own investment property, or manage commercial real estate, Sams One Stop can help you explore commercial property insurance options designed around your property, business operations and risk exposure.

Learn more about commercial property insurance by accessing this link:  https://samsonestop.com/commercial-property-insurance-san-antonio/

Get a Commercial Property Insurance Quote Today!

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your commercial property insurance coverage needs.

If your business owns, leases, rents, or regularly uses vehicles for business purposes, personal auto insurance may not provide the protection your business needs.  Sams One Stop / Sams Insurance Group helps businesses in San Antonio and throughout Texas evaluate commercial auto insurance options based on how their vehicles are used, who operates them, what they carry, and the risks associated with their business operations.  Whether you operate a single work truck, several company vehicles, service vans, delivery vehicles, or a growing commercial fleet, we can help you explore commercial auto insurance options that fit your business.

Learn more about commercial auto insurance by accessing this link: https://samsonestop.com/commercial-auto-insurance-san-antonio/

Need a commercial auto insurance quote?

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your commercial auto insurance needs.

Protect Your Business From Cyberattacks, Data Breaches & Digital Risks

Your business doesn't have to be a technology company to face cyber risk.

Businesses of all sizes rely on email, computers, cloud applications, electronic payments, customer information, online accounts and other technology every day. A cyberattack, data breach, ransomware incident, phishing scam or other technology-related event could disrupt operations and create significant financial and legal expenses.

Cyber Liability Insurance can help qualifying businesses manage certain financial losses and liability exposures associated with covered cyber incidents.

Sams One Stop/Sams Insurance Group helps businesses in San Antonio and throughout Texas explore cyber liability insurance options based on their operations, technology use, data exposure, contracts and other risk factors.

Learn more about cyber liability insurance by accessing this link: https://samsonestop.com/cyber-liability-insurance-san-antonio/

Need Cyber Liability Insurance?

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your business insurance needs.

Sams One Stop/Sams Insurance Group helps businesses in San Antonio and throughout Texas explore cyber liability insurance options based on their operations, technology use, data exposure, contracts and other risk factors.

GET A CYBER LIABILITY INSURANCE QUOTE

Call us at (210) 788-1034 or email us at aaron@samsonestop.com to discuss your business insurance needs.

Protect Your Employees. Help Protect Your Business.

Contractor Bonds & Commercial Surety Bonds for Texas Businesses