Umbrella Insurance is a policy that gives you broad coverage above and beyond whatever protection you receive from your auto insurance and home insurance policies.
Why?
Well, we live in a litigious society for one. Imagine if you hit another car and seriously injure, disable or kill another person. Or you hit a kid on a bicycle, a motorcyclist or pedestrian where there are serious injuries or worse?
It is very likely that you will be sued.
In the best scenario, if you seriously hurt, disable or kill another person you will probably be sued big-time. What if the suit against you is for damages more than is provided on your auto or home insurance policy?
The Umbrella Insurance policy can give you a $1,000,000 protection or $2,000,000 protection against that once in a lifetime situation that you hope never happens, but could happen.
Who needs an Umbrella policy?
Typically, anyone with assets or a decent income. An Umbrella policy can be for any person. But traditionally, those with higher incomes and those with assets tend to be the ones who buy Umbrella Insurance.
How much does it cost?
It really depends on several factors. But a very simply Umbrella policy can cost less than $200 per year perhaps.
If you are interested in finding out more, please call me.
Thanks!!!
Gary Brown, Agent/Owner
(480) 659-0229
·Are you an Arizona resident who owns a home?
·Do you live outside Arizona but own a home here?
We are an independent insurance agency and broker that offers Insurance in Arizona. We offer exceptionally competitive HOME insurance in Arizona, even if you live in Canada, California, or in Arizona.
If you own a primary home, vacation/seasonal home or rental property in Arizona, contact us for a quote. We shop and compare Insurance in Arizona with many different top rated and leading "A" rated insurance carriers.
For our friends who live OUTSIDE Arizona and buy a home here, we welcome you to contact us for a quote. We already insure many clients from Canada, California, Nevada and elsewhere.
Our goal - to find you the LOWEST rates on your Insurance in Arizona for your home or auto.
We also offer great rates on AUTO insurance too!!
Call me personally for a quote. The quote is FREE and there is no obligation.
We are an independent insurance agency and broker. That means when we quote insurance in Arizona we are able to quote insurance with a large variety of insurance companies, like MetLife, Progressive, Travelers, The Hartford, Unitrin and others.
Why is this good?
Normally, you may call a carrier or agent for a quote and find that they can only give you ONE quote or rate - their own.
We can compare and shop insurance in Arizona with a number of leading and nationally recognized insurance carriers. This allows you to save a lot of time and money because we do the shopping and comparing for you.
We are an Arizona-based company and can help you save money on your insurance.
If you live outside Arizona or even in Canada, contact us for a quote on Insurance in Arizona. We can help you find a good rate with a top rated carrier.
You can SAVE up to 35% or MORE by using our FREE services. We shop and compare INSURANCE IN ARIZONA with leading and top rated insurance companies!
A phone call came in last week from a gentleman who found our website on Google or Yahoo. He seemed very skeptical about our services so I kept talking with him and asking questions.
It seems the part of our service the caused him hesitation was how we were able to compare insurance in arizona with so many different carriers. He was used to seeing the advertisements by Geico, State Farm and others but none by a company that compared rates with so many various companies at one time.
After understanding his concern I explained our services and how we are compensated. The insurance carriers pay us a commission for finding them clients. Yet, our goal is to always help our clients find the LOWEST rate possible. So it becomes a tremendous win-win for the client, our company and the insurance carriers.
This particular client was thrilled that we were able to find a rate much less than what he had been quoted elsewhere. We signed him up with one of our "A" rated carriers and he was very happy.
Our business is that simple - you save money, we earn a small commission and the insurance carrier gets a new, happy customer.
I sell insurance but try to focus on the policies that people actually need and use - auto, home and life insurance.
However, there are some types of policies that may actually be a waste of money. Here are a few examples:
Flight Insurance - does anyone sell this anymore? Air travel is safer than it's ever been. If you desire to leave money to loved ones you need basic life insurance. Insurance that pays for a specific reason, like dying from a plane crash, are usually not worth the money.
Extended Warranty on consumer products - we have all been asked by a sales clerk if we want the one year, two year or lifetime warranty on that new computer, dvd player or other electronic device. If you are buying a very expensive flat screen television you may consider adding a warranty. But for most of the consumer goods, the warranty is a bad buy because they almost never are needed.
Flood Insurance - unless you live in a specific flood zone this is a coverage you want to avoid. It may give you peace of mind but empty your pocketbook in the meantime. While we have read many stories about flooding I bet if you check those areas are known flood risk areas.
Unemployment Insurance - sounds good. You get money coming in if you are laid off. And in today's economy that is a genuine concern, especially for certain industries or fields. However, most households would be better served by becoming disciplined savers. You not only keep that unemployment premium in your pocket but better yet in your savings account.
Accidental Death Insurance - Deaths occurring by accident are small compared to people who die from ill health. You need life insurance that pays your beneficiaries for all risks, not just for accidents. I remember consulting one lady who had something like 7 accidental death policies. She believed they would pay a benefit no matter how she died. When informed she had to die in an accident for her beneficiary to receive money she promptly cancelled them. We found coverage for her that paid a death benefit whether she died from an accident, cancer, heart attack or any other reason.
When you need to talk with someone about your Arizona Insurance, please contact us today!
The Auto Glass Endorsement
It is mandatory in the State of Arizona that Arizona Insurance companies must offer a zero-deductible glass endorsement. That means you do not incur any deductible when your windshield is replaced or repaired.
Arizona House Bill 2464 will change that.
Arizona Insurance companies will no longer be required to offer coverage for the repair or replacement of auto glass without a deductible. Insurers will now be able to offer auto insurance policies that carry the glass endorsement WITH a deductible. So if your windshield is cracked and needs replaced you will have to cough up a deductible to do so.
Keep in mind that this only gives insurance companies the "option" of offering the endorsement that makes you pay a deductible for a replacement or repair of your auto glass. They can still offer the no-deductible glass endorsement.
One benefit to consumers is this - they may now have another option from their insurance company to buy a policy with glass coverage that includes a deductible but at a lower monthly premium.
Would you opt to buy the new glass coverage where you have to pay a $50 or $100 deductible if it meant your monthly premiums were a little less? That is likely the new choice you will have to make when this house bill goes into effect.
Glass claims absolutely can affect the bottom line of an insurance carrier. If a client has two glass claims per year those can total $600 - $900 in cost to the carrier. If an insured has two vehicles and is paying roughly $1,800 per year in auto insurance those two glass claims can wipe out nearly 50% of the premium received before the insurance company pays out of pocket for any other types of claims. And they still hope to make a profit.
We have all heard the story about driving a new car off the dealership car lot and our brand new vehicle instantly losing thousands off its value.
The last time I bought a car I had considered factors into my purchasing decision such as gas mileage, price and warranty. One area I did not even consider was resale value. Face it, at some point we all sell our vehicles so this is an area that we all should at least consider before making that final purchasing decision.
Here are new 2010 vehicle models that are expected to have good resale value three and five years down the road. These percentages are estimates put forth by Kelley Blue Book.
Cars Under $20,000
2010 Scion xB
Resale value after 3 years - 60%
Resale value after 5 years - 42%
Cars between $20,000 - $25,000
2010 Mini Cooper S
Resale value after 3 years - 68%
Resale value after 5 years - 47%
Cars between $25,000 - $30,000
2010 Toyota Prius IV
Resale value after 3 years - 61%
Resale value after 5 years - 44%
Cars between $30,000 - $45,000
2010 Audi A5
Resale value after 3 years - 63%
Resale value after 5 years - 43%
Cars over $45,000
2010 Lexus LS460
Resale value after 3 years - 59%
Resale value after 5 years - 39%
Sports Cars
2010 Chevy Camaro
Resale value after 3 years - 62%
Resale value after 5 years - 44%
We offer low cost Arizona Insurance throughout Arizona. Our secret? As an independent insurance agent and broker we shop and compare Arizona Insurance with lots of top rated and top ranked insurance carriers throughout Arizona. Ask us for a quote on Auto, Home or Life Insurance.
Dangerous Holidays
The most dangerous holiday is - Thanksgiving.
Last year over 500 people lost their lives on Thanksgiving, which is quite a bit less than normal. An estimated 91% of Americans travel by car to reach their Thanksgiving destination. The average Thanksgiving-day road trip is 214 miles.
On a typical day approximately 100 people die in auto related accidents.
Here is the ranking of most dangerous holidays to travel.
1) Thanksgiving
2) Labor Day
3) Independent Day
4) Memorial Day
5) Christmas
Lexus Super Car
Lexus LFA Super Car
Only 500 units are expected to be produced of the Lexus LFA, being hailed as a Super Car that will carry a price tag of $375,000. Even at this monumental cost it is being reported that Lexus will lose money on each model.
And you must know the owners of Lexus to be able to buy one.
The LFA model was first introduced at the 2005 Detroit car show and models will not be ready until 2011. They will be built in Japan and carry a top speed of 202 miles per hour.
This is Irv Gordon, who bought his 1996 Volvo brand new.
In case you missed that - he bought the car in 1966. Since that time he has put 2.7 million miles on the same vehicle.
I thought you would enjoy this video about the manufacturing of the Model T automobile. Personally, I love older videos dealing with history of just about any kind.
Mr. Gordon has a list of things to do to keep your vehicle lasting as long as possible.
1) Read your owners manual.
2) Don't short cut regular maintenance, and that includes regular flushing of transmission, power steering and brake fluids.
3) Find a good mechanic (easier to suggest than actually do)
4) Wash it regularly and wax it occasionally
5) Pre-emptive repairs, such as replacing belts and hoses before they break.
6) Never avoid strange noises or vibrations
7) Drive smoothly and carefully - wear and tear can occur on certain parts if the car is driven roughly.
Editors Note: Click this link and request a quote on low cost Arizona Insurance
Did you know it is best to pay some Arizona insurance premiums annually versus some you are better off paying monthly.
Consider a life insurance policy. Let's say the cost is $540 per year or $45 per month. According to one online life insurance quoting service you can pay as high as 17% annual interest rate by paying monthly for your life insurance.
Yet, if you pay your auto insurance premiums monthly you typically pay around 3.4% annuallized interest.
Based on these numbers it is best to pay your life insurance annually and pay your car insurance monthly.
As an Arizona Insurance agent and broker we offer low cost Arizona Auto, Home and Life Insurance.
You can buy just about anything online these days, including insurance. But is that the best way to search and purchase insurance?
A gentleman called today and asked if we could take a look at the life insurance policy he had just bought online through a leading insurance carrier. Before he signed the paperwork he wanted to review some questions he had.
Unfortunately, when you buy something online you need to go through the same process for customer assistance - since they are the ones who wrote the policy.
This particular client called the 1-800 number and has been dissatisfied with the "after sale" service.
If you want to buy insurance you can often pay the same or less by using an agent. But if you want to do it right - use an independent insurance agent. We shop around for you and still offer the customer service you desire.
One of my insurance carriers emailed the results of a recent Google study.
This study concluded that about 90% of consumers who searched online for insurance quotes were seeking a lower rate. It made me wonder if the other 10% were searching for HIGHER insurance rates?
Ok, silly conclusion on my part.
Long ago when I worked for a captive carrier (an insurance company that hires their own agents) there were supervisors at this company who made the point of scolding agents who sold insurance on price alone.
Certainly there are times when someone receives bad customer service (or no service whatsoever) and feels forced to shop for insurance elsewhere. But for the most part, consumers shop insurance to SAVE money.
A Choice Insurance of Arizona that is what we do - help consumers SAVE MONEY on Auto, Homeowners, Life and Business Insurance.
If you want to shop for insurance and try to save money - contact us at (480) 659-0229 or click this link: Arizona Insurance
Arizona Home Insurance
When you buy Arizona Home Insurance use an Arizona Independent Home Insurance Agent and Broker to save up to 35% on your Arizona Home Insurance.
According to reports, Allstate Insurance may be terminating the contracts of more than 3,000 agents over the next several years. The company wants to reduce the number of smaller agencies and focus on those agencies with around $3-4 million in premium or three thousand plus policies in force.
That will force terminated Allstate agents to seek the independent insurance route, the type of agency like Choice Insurance of Arizona. An independent insurance agent and broker can represent multiple carriers at one time - which is great for the consumer. Instead of calling a dozen carriers for quotes yourself you simply contact us. We will do the shopping for you.
As of 2002 Allstate employed about 7,000 personal financial representative. The company was founded in 1931 used to be a part of the Sears team and agents used to have offices in each Sears store. Allstate went public in 1993, which was the largest public offering at the time.
Remember to contact an Arizona Insurance Independent Agent for a quote on Auto, Home, Life or Business Insurance.
Free Insurance
You have likely seen those televison advertisements that show how much the "average" consumer saved by switching from XYZ carrier to Geico, Progressive or some other company for car insurance.
A woman was referred to me and called my office today asking for renter's insurance and car insurance for two vehicles for her and her husband. They were with American Family Insurance. Sometimes I ask how much they are paying because it is always fun to know how much we can save a client. Knowing how much they currently pay with their existing carrier does not affect my rates. I always offer the best rates I find.
However, when all was said and done - we saved them $68 per month or the equivalent of $816 annually on their insurance premiums.
Now most of those television advertisements from Geico and others usually state that they save an average of $350 or so. I don't keep track of average savings per client. But on this new client we saved them over eight hundred dollars. Not too shabby.
Oh and get this - we provided them with better coverage at the same time. Better Coverage/Lower Rates - that's a win-win.
If you want a free, no-obligation quote on Arizona Insurance please click this link or call or email. As I tell everyone - we either will save you money or not. If you are getting a better price with your current insurance company - stay with them. But we are pretty confident we can find you a more competitive rate no matter who you are insured with.
Chrysler Sending Jobs to Mexico?
Chrysler Group and Fiat SpA announced that they are investing upwards of $550 million in a Toluca, Mexico automotive plant to produce a retro-version of an Italian Fiat 500. Ninety Five percent of the vehicles are expected to be exported.
Mexico's President, Felipe Calderon said the goal is the production of between 100,000 and 130,000 Fiat 500 models to come from the plant and that it will create 400 direct jobs and 1,200 indirect jobs.
Production will begin in the 4th quarter of 2010.
While I am happy for Mexico because they no doubt have been impacted with this economy as much as anyone. Yet, I wonder if any American tax-payer funded bailout money is being used for this non-USA venture. Hmmmm.
Receive a new quote for Arizona auto insurance and save up to 35%. Remember, an an independent insurance agent and broker we shop Arizona insurance with a lot of top rated carriers to try and find you a low, low rate. Give us a try!!
When you buy Arizona Insurance to cover your home do not forget to talk to your agent about the various and miscellaneous valuables you may have - jewelry, art, guns, or other similar items.
Unless you specifically discuss insuring these items your agent may never know you need them insured. As a consumer you need to be sure to ask questions any time you buy Arizona insurance, whether that is for your car, home, rv, atv, or even motorcycle.
For example, a typical Arizona Home Insurance policy may offer $1500 coverage for jewelry. As you can see it is very easy to surpass this amount if you you have a loss.
Plus, when you add jewelry to your policy you do what is referred to as "scheduling" your property. That is, your item will be mentioned and covered specifically on the policy. You can then have coverage above the standard $1500 limit and your item is then covered for loss in more ways than usual.
Buying Arizona Home Insurance? Ask your agent about anything you own of value, such as your jewelry.
Have you ever heard of an Umbrella policy before?
An Umbrella policy is an insurance product that protects you against catastrophic claims. For example, if you hit a child riding a bike and killed or disabled that young person you likely will be sued for everything you own today and much of what you own in the future.
I've been an insurance agent for a long time and have never seen one client need to use an unbrella policy. Yet, the need is absolutely there.
If for no other reason than the abundance of lawyers in our state looking for someone to sue, you need to consider an umbrella policy. A massive claim could happen via a car accident or someone getting hurt on your property (dog bites are a big issue in the insurance industry).
If you want a quote, let me know.
Generally speaking, Arizona Umbrella Insurance policies are relatively cheap. If you own a couple cars and a home the annual premium could be a few hundred dollars per year. If you own rental properties, have teen drivers, more vehicles, a boat, atv's or other recreational products the rate will be more.
The Umbrella Insurance policy may be the most least understood insurance product ever. If more people knew what this product does and at the low cost it provides that protection more people would want it.
An Arizona Insurance policy offers Umbrella Insurance to protect your assets and income against a lawsuit.
Now, it does not protect against any kind of lawsuit.
The Umbrella Insurance policy extends coverage over your vehicles and home and offers a massive increase in protection over and above what a car insurance policy and home insurance policy offers.
For example: Let's say you hit a pedestrian walking or running on the street. That person or their family (if you killed this pedestrian or permanently disabled them) will likely sue you, along with your insurance company. Your insurance company will walk away from you and your claim once they have paid out the max limits on your policy. The person you hit could hire an attorney who will force you, by court order, to disclose all your personal assets and your income, which then become vulnerable to a lawsuit against you.
If you injure, disable or kill another in a car accident that is a terrible situation for all involved. But also imagine the financial devastation that one accident could cause you and your family? Your assets could be sought in a lawsuit. A chunk of your income could be vulverable to garnishment if you lose that lawsuit. A lifetime of saving and building assets could be gone in an instant.
The Umbrella Insurance policy helps protect you by offering extended coverage up to $1 million or $2 million above your car insurance policy limits. This helps to ensure anyone suing you will not be able to extend their reach into your personal assets or income.
The same holds true if someone were injured at your home and tried to sue you. An Arizona Umbrella Insurance policy can be as little as $150 per year or up to $500 under certain circumstances. Ask us for a quote.
Hello,
I am Gary Brown, owner of Choice Insurance of Arizona. We are an independent Insurance Agency serving all of Arizona.
Thank you for visiting our blog and we hope you enjoy our articles and insights. Don't forget to click the blue links at the top of the page to request a quote on your insurance.
Best Regards,
Gary Brown, Agent/Owner
(480) 659-0229
Editors Note: Click this link and request a quote on low cost 
