Arizona Home Owner Insurance
Is your Arizona homeowner insurance policy providing the correct coverage? Several major fires destroyed dozens of homes in rural Arizona about a decade ago. None of these losses were clients of ours. However, many of those had Arizona home owner insurance that did not provide for full replacement of the home. If these had been Arizona homeowner insurance clients of ours we would have done our best to make sure the home was covered correctly from the start. Plus, we encourage and welcome our clients to review their insurance with us every year or two. If you own a home and are an Arizona home insurance client, contact us every two years for a review
An Arizona homeowner insurance policy provides you with personal property coverage for your "stuff" inside the home, items like furnishings, furniture and clothing. Items such as jewelry and computers usually have special limits that might vary from company to company. Ask your agent if you need to purchase additional coverage on your Arizona home insurance policy
Have you heard of Loss of Use coverage before? Many of our Arizona home insurance policies include this coverage that ensures your Arizona homeowner insurance policy will pay for you to live elsewhere in the event your home is damaged and has to be remodeled or rebuilt. When you want the BEST Arizona home insurance plan and price, contact us today!
Found on most Arizona homeowner insurance plans, Medical protection provides emergency room coverage or other medical coverage if someone is injured on your property. The minimum coverage is usually $1,000. It is advisable to carry at least $25,000 on your Arizona home insurance policy. The cost difference between the two is usually negligible.
Arizona Home Insurance Reviews Are Important
You should not wait for your agent to contact you to conduct a policy review because most agents are extremely busy helping clients who walk into the office or call for help. Your Arizona homeowner insurance policy covers you and your belongings and it is incumbent upon the insured to know and understand their policy, its limits and available riders. An Arizona home insurance claim is not the ideal time to find you have gaps in your coverage. Plan ahead and contact your agent to set a review appointment.
Are You Insured Properly?
As you obtain an Arizona home insurance quote or when your policy renews annually, ask your agent what is the proper amount of coverage for your home. The cost to rebuild a home has skyrocketed over the years and you want to ensure your Arizona home insurance policy provides the right coverage for you. Building material costs and construction labor costs have risen dramatically. According to recent news articles in 2006 approximately 40% of all homes are underinsured.
Discounts
It is advisable to discuss with your Arizona home insurance agent all the potential discounts available on your Arizona homeowner insurance policy. The most common discount is the auto and home discount, called the multi-policy discount. See if you qualify for other discounts, like an alarm discount on your Arizona home insurance policy.
Finally, an Arizona home insurance policy should ideally be combined with an Umbrella policy to provide you with the best protection.
TRIVIA: The first U.S. fire insurance company was formed in South Carolina in 1732. Benjamin Franklin opened an insurance business in 1752 and his business model was the first to include warnings against certain fire hazards and he also declined to insure certain risks, such as all-wooden homes. Remember, when you are buying Arizona homeowner insurance be sure to let us find the right policy and the LOWEST price. Our Arizona Home Insurance plans cover you right!
