Canadian Insurance in Arizona

We LOVE our Canadian clients!!

While we do not have statistics readily available, our Canadian friends come to Arizona and help support our economy in a very big way. They buy homes and cars, furniture, attend movies, shop at stores, eat at restaurants. Our Arizona economy would be in much more difficult condition without our Canadian friends. Too all Canadian visitors who come to Arizona – welcome and thank you!!

Auto & Homeowner Insurance

Are you buying a home in Arizona or shopping for insurance on your current homeowner insurance? Are you looking for a good rate on your auto insurance? Let us help as we can provide auto and homeowner insurance for you.

Use an Insurance Broker and Pay Less

An insurance broker will shop and compare auto and homeowner insurance with leading and nationally recognized insurance companies such as MetLife, The Hartford, AAA, Travelers, Progressive and many others. Our goal is to 1) save you money and 2) secure insurance with a highly rated carrier. We strive to find you the lowest rate we can on your auto insurance and homeowner insurance.

Canadian Homeowner Insurance

Seasonal Home | Vacation Home
We provide homeowner insurance for our Canadian clients if the home is used as a seasonal home or vacation home. When you call us for a quote be sure to indicate if your home is located in a gated community, will have a fire and burglar alarm or has a sprinkler system pre-installed. These items can help you save money.

Also, you may get a discount if you have no mortgage and pay your insurance premium in full. Ask your agent for details, call for a quote, or complete our quote form located on the website.

Rental Properties
Yes, we also can help you insure a home you are buying as a rental property. Just call us with the details on your home or complete the quote form on our website.

Know the Claims History if Buying a Home

As you may know, American insurance companies are cautious when it comes to insuring homes that have a history of claims. Before buying your home be sure to ask for a CLAIMS HISTORY report. One wind/storm/mother nature claim is probably ok. But if the home has theft claims in its history be sure to speak with your insurance agent before committing to the purchase. Remember, your home will sit empty for times and insurance carriers will be cautious if a home has a history of theft and/or vandalism claims.

Canadian Auto Insurance

One of the biggest requests we receive from our Canadian auto insurance clients is this: they want to know if they can lower/reduce their coverage when they leave town. The answer is yes. Obviously, the insurance carrier wants the vehicle in a locked, secure location. But why pay for higher insurance coverage when you are back home north of the border? We are sensitive to your needs. We continue to insure the vehicle for fire/theft/vandalism but lower, reduce or even eliminate coverage you do not need. When you are coming back to Arizona, simply let us know and we can resume your higher coverage during your stay.

Please call or email for quote on your Canadian insurance in Arizona.
Thanks!!
Gary Brown, Agent/Owner
(480) 659-0229

Arizona Homeowner Insurance

Do you OWN a home or condo or are you BUYING a home or condo?

Everyone wants to receive great homeowner insurance at a great price. There is one person who can help ensure you receive both – an Arizona homeowner insurance broker such as Choice Insurance of Arizona.

What is a Homeowner Insurance Broker?

We have many different insurance companies that we do business with – Progressive, MetLife, The Hartford, Fidelity, AAA, Travelers, American Strategic, Universal Insurance and others. It allows us to shop your auto and ARIZONA HOMEOWNER INSURANCE with any one of our homeowner insurance carriers.

Yes – Price is Important

We look for every way possible to get you the best price possible. We begin by comparing your Arizona homeowner insurance with our top rated carriers. That allows us to see which carriers have the lowest rates. We also will try and ensure we do not over-insure your home. While it is important that we insure your home for full replacement (in event of a total loss) we also do not want you overpaying for coverage you do not need.

Our insurance carriers also have different deductibles available. Most have deductibles ranging from $250, $500 to $1000 or higher. We often recommend carrying a higher deductible. This helps ensure you do not file small claims that stay on your record for the next 3-5 years. But the biggest reason is a higher deductible lowers your premium.

The Extras You Need or Do Not Need

Arizona homeowner insurance policies are not the catch-all for every claim. Take jewelry for example. Most insurance policies have limitations on how much coverage the carrier automatically provides for jewelry – often $1500 as a maximum. If you own jewelry above and beyond this amount we have to “schedule” your jewelry items and add them to the policy as an endorsement.

Water Back Up is usually not covered. This means water that enters your home from outside, such as a pipe clogging and water overflowing from a toilet or sink. Don’t worry – water pipes inside the home that break and cause damage are usually covered. Water Back Up is not for everyone or every situation.

Ask your agent about any potential items that are not covered under your policy automatically and discuss any potential gaps in coverage.

Flood?

Flood damages are not covered. If you live in a flood zone or feel you need to have flood insurance we write this coverage through the National Flood Service – a federal program. Most homeowners in Arizona do not have to worry about this. If your home is located in a flood zone you likely were told this when you bought your home. That information should have been disclosed to you.

Do not confuse flood damage to water damage that occurs in other ways. If mother nature causes damage to your roof and water got inside your home this is likely covered. If a pipe to your sink, dish washer, clothes washer or toilet breaks and water damage occurs inside your home – this likely is covered.

EarthQuake?

Sorry, no. Earthquake coverage is not automatically provided under your Arizona homeowner insurance policy. Some carriers do offer this as an endorsement that you can pay extra for if you want.

How is Condo Insurance Different

Condo insurance has a few nuances that are different from Arizona homeowner insurance on a single family dwelling. For example, condo’s usually have an association insurance policy that covers the roof and walls. Your condo insurance would need to cover everything from the drywall inside, excluding the walls and roof.

Ask us for a quote on your Arizona homeowner insurance. We probably can save you money, give you great coverage and insure you with a top rated, top ranked insurance carrier.

I hope to hear from you.
Sincerely,
Gary Brown, Agent/Owner
(480) 659-0229

Arizona Life Insurance

Why Buy Life Insurance?

It seems a simple question, right. Yet, many Americans have no life insurance – zero, zilch, nada. Why is that? The answer may be simply that life insurance is an optional insurance product that no one is truly required to buy.

Yet, everyone will die. Everyone will need buried. Even the most basic funeral costs money. However, most people want something more than just a cheap wood box. At least your family likely does. An average funeral today is expected to cost upwards of $15,000 or more. Do you have fifteen grand saved for your own funeral? If no, then life insurance is for you.

Dying with Life Insurance and Dying without Life Insurance

We’ve seen clients and friends die with life insurance and without life insurance. I can tell you first hand those families who received a life insurance check are in much better shape than those who did not prepare ahead of time. Imagine the stress of losing a loved one. Now imagine how much additional stress is involved if your finances are a mess on top of losing someone you love.

Besides Paying for a Funeral Why Should I Buy Life Insurance?

Most people that buy life insurance want to ensure their spouse and even children are left better off. They want to make sure bills are paid – the credit card, the car payment, the mortgage payment and provide additional monies to cover the air conditioner going out, the car breaking down, putting kids through college, paying typical household bills.

Remember, if you die your paycheck dies too. If you are breadwinner and die, your paycheck is not coming home again. How will your family survive financially without you working and earning a living?

How Much Life Insurance Should I Purchase?

Companies that advertise on television often state that you should buy 7 – 10 times your annual income in life insurance. One simple rule of thumb has always been that a surviving spouse could take a lump sum of money from a life insurance policy, invest it and receive 7 – 10% interest on this money. Thus, receiving the same money they were getting while a spouse was still alive without dipping into the principle too much.

The big downside to this approach is the current economy. Who makes 7 – 10% interest reliably & comfortably today?

What are the types of Arizona life insurance?

There are three main types of life insurance.

  • Term Life Insurance
    You usually see term life insurance advertised on television because it is the lowest cost for a pre-retired person. Term life insurance is great for younger people and families with children because it gives you the maximum coverage at the lowest rate. However, if you want life insurance in place during your senior years this is the worst life insurance product for you.

  • Whole Life Insurance
    Whole life is considered the Cadillac life insurance policy in the industry since it was developed. Premiums are level for lifetime, meaning they will never increase even as you get older. Your premiums earn an interest rate, which builds cash value. These policies also typically earn dividends, which means they participate in the profits of the insurance carrier. Cash value and dividends can either accumulate inside the policy for you at some later date or can be used to purchase additional insurance, which means your death benefit can increase over time. The downsides to Whole Life are few except that this type of plan can be expensive if you try and apply for a new policy later in life.

  • Universal Life Insurance
    These policies have a level premium that will never decrease as long as you pay your premiums. Your premiums can earn interest. However, some UL policies earn no interest. The premiums in some types are used to help your premiums remain level for life. The one downside to Universal Life insurance policies are few but be sure to consult with an agent before withdrawing cash from these policies.

    While most consumers today are very familiar with term life insurance there are two other major Arizona life insurance plans available. Everyone has seen the term life insurance advertisements on television. Some companies have inundated the airwaves with their commercials.

    You may not realize it but the odds are excellent that you are playing a Las Vegas game of chance with your life insurance. I call it Gambling with Life Insurance. And if you are on the wrong side of the gamble the chances are great that you are playing with a decked stacked heavily against you.

    And if you lose with your life insurance bet, it is your spouse and kids who really lose.

    Have you ever watched one of those Las Vegas tv shows that show you all the ways to gamble and they also tell you which games have the worst odds of winning?

    Term Life Insurance is the game of life insurance with the worst odds of paying off. People are attracted to term insurance because it is the cheapest form of life insurance, at least in the pre-retirement years. So what do most people do? They buy term life insurance.

    Yet, insurance companies love term insurance because of three primary reasons:

    1) Premiums will go up significantly as you age, forcing you to cancel as they become too expensive to keep. Advantage Insurance Company.

    2) With term life insurance, people tend to buy, cancel, buy, cancel their term policies. That means the insurance companies keep all those premiums without ever having to pay a death claim. Advantage Insurance Company.

    3) Very few death claims are filed on term life policies compared to other types of permanent life insurance. That means nearly all those term insurance premiums you pay are pure profit for the insurance company. Advantage Insurance Company.

    What type of life insurance shifts the odds to YOUR favor? Permanent Life Insurance

    Not long ago I surrendered my term policy for a permanent policy. I shifted the odds in my favor that my life insurance will be inforce when I die so that my family will receive that money when I die.

    If you have term life insurance just know that your policy will more than likely be expired or cancelled when you die. Those are the odds the insurance companies love because you pay in all those premiums for a policy that will never pay to your spouse or kids.

    Life is certainly unexpected.

    About an hour ago I wrote an article on my blog about life insurance.

    A few minutes ago a client calls. I have her auto and homeowners insurance but we do not have their life insurance. Her husband passed away a few weeks ago due to cancer. He was 34 years old.

    While he had a little bit of life insurance he leaves behind a wife and two younger children. To adequately provide for all the needs of a single mom with two young children a person would need several hundred thousand dollars of life insurance (in my opinion).

    Are you married?

    Do you have kids still living at home?

    Do you have a mortgage payment?

    Would your family suffer financially if you died today?

    Do you provide income into your household?

    If you want to talk about shifting the life insurance odds to YOUR favor, please call or email me.

  • Arizona Insurance Broker

    Have you ever purchased insurance from an Arizona insurance broker before? It might sound scary buying from a “broker”? But if you have ever bought a home you likely used a real estate broker and a mortgage broker. These brokers simply shop around to find the best home and mortgage loan for you. We do the same for you with your insurance.

    Some of the insurance carriers we do business with have been in business for fifty or even a hundred years! You probably can pay LESS and save MORE money by using an Arizona insurance broker, like Choice Insurance of Arizona.

    Helping Clients Since 1993

    My name is Gary Brown, owner of Choice Insurance of Arizona. I have been a licensed Arizona insurance agent since 1993 and have helped hundreds and hundreds of clients over the years. In 2007, I formed my own Arizona insurance broker company so that we can shop and compare insurance for our clients with a multitude of insurance carriers.

    We carry an “A” rating from the Arizona Better Business Bureau!

    Why Buy Your Insurance Through a Broker?

    As an Arizona insurance broker, we can compare insurance with nationally known and recognized carriers such at AAA, Travelers, The Hartford, Progressive, Infinity, Unitrin, Foremost and many others.

    We also provide insurance through many lesser known companies who are top rated and offer great rates but may not be familiar to you. Buying insurance through an Arizona insurance broker is actually quite the same as buying a home or getting a mortgage – we are shop and compare your rates with many companies.

    Some insurance agents and companies can only give you one rate. Not us, we have many carriers at our disposal to help you save money. Why should you spend hours and hours on the telephone calling all these companies when we can do the same for you with ONE phone call. Our service is free to the consumer. We are compensated by the insurance company.

    Auto Insurance and Homeowner Insurance Broker

    There is no obligation to get a quote on your auto insurance and homeowner insurance. We can help you save money on your auto insurance and homeowner insurance by looking at many carriers to see who has the better rates. We work for you, not the insurance company. While we are compensated by the insurance carriers our first goal is to help you find a policy that is less and saves you money.

    Be sure to ask about your coverage. We do not want you fixed only on the premium because if you have a claim you will not care about your premium as much as how well your policy protects you. Some clients simply want to carry the exact same coverage they have or had with their prior carrier, and that is fine. However, we encourage you to allow us the opportunity to speak with you about your coverage limits. We want you well protected.

    Life Insurance Broker

    There are dozens and dozens of life insurance companies offering very competitive rates. We compare with upwards of fifty different Arizona life insurance companies to find you the lowest rate available. We also will help you design a plan that fits into your budget. There are different types of life insurance available – term, whole life and universal life.

    Which Life Insurance Plan is Best?

    All of the life insurance plans can serve your needs – but they all have differences and utilizing them to your best purpose and cost is what you want to accomplish. We can help. Have a tight budget? Let us help you design a plan that fits what you are able to spend? Want a life insurance plan that will cover all your needs for the rest of your life? We can help you design a plan to accomplish both needs.

    Boost Your Retirement Income

    And for our retired clients we can help you increase your retirement income through our Lifetime Income Annuity. This investment has no risk because your monies are not invested in the market. We place your monies with the insurance company, who in turn provides you with a lifetime income that will never decrease. There is also no fees associated with this product.

    Call me. We try harder to save you money and provide exceptional customer service. You are like family. I hope you give us an opportunity to help you with your insurance.

    We provide Canadian Insurance in Arizona because there are so many winter visitors here from Canada. Our neighbors to the north provide a much needed influx of capital to our state. They are crucial to the success our state because of the money they spend. But even more than that, our Canadian visitors cause little trouble, pay cash, spend money, and make great neighbors here.

    Thanks!
    Gary Brown, Agent/Owner
    (480) 659-0229

    Maximize Your Retirement Income Today

    How would you like to earn up to 9% Pay Out Rate on your retirement income with NO risk and NO fees? It’s true and we are helping clients boost their monthly retirement income and giving them peace of mind at the same time.

    A Lifetime Income Annuity is considered one of the safest and most reliable investment products for retirees today. There is no risk and zero fees associated with this product.

    What are your common investment options?

  • Stock Market
  • Bonds
  • CD’s
  • Bank Savings Accounts
  • Lifetime Income Annuity

    The stock market is a bit too risk for the tastes of many retirees today. Bonds carry inflation risk – if inflation takes off bond returns will likely decrease. CD’s and bank savings accounts pay nearly nothing in interest. These options have never been more un-desirable for retirees.

    One of the above investment products offers 1) lifetime income payments that are guaranteed and will never decrease as long as you live, 2) has no market risk since the product is not involved with the stock market and 3) has no fees. The correct answer of course is the Liftime Income Annuity.

    What is a Lifetime Income Annuity?

    A lifetime income annuity also goes by the name single premium immediate annuity. This product is handled by insurance companies. We compare pay out rates on your behalf to find the highest pay out rate with a top rated and top ranked insurance company. This product is not bank guaranteed, like a CD, because it is sold by insurance companies. Which is exactly why we only represent the highest rated insurance companies to provide you with security and peace of mind.

    Does this provide me a check for life?

    A lifetime income annuity will pay you a monthly check as long as you live. If you are married it can pay you AND your wife a check as long as you both live. This product offers an optional feature (which I usually recommend) that, should you die, will pay any unused monies to your beneficiaries.

    Are there any downsides to a lifetime income annuity? There is one. The monies you put into this product are set in stone; you cannot access other than the regular monthly check you will receive for as long as you live. The money in this account cannot be accessed – you give up that right, and in return the insurance company agrees to send you a monthly check that will never decrease as long as you (and your spouse) live.

    The above caveat is the reason we usually recommend clients only invest a portion of your total retirement account into a lifetime income annuity. You still likely need money for emergencies and other flexible reasons and need to set monies aside that are more readily accessbile. But a lifetime income annuity is a great way to boost your retirement income and help you maximize your retirement income.

    How do I determine my pay out rate?

    Pay out rates are determined by gender, age and marital status. Some clients earn up to a 6% pay out rate while others may earn 9% or even higher. The older you are when you apply for this account the higher your pay out rate. But once you have secured a lifetime income annuity the pay out rate and your monthly check is guaranteed and will never decrease as long as you (and your spouse) live. Once we know your pay out rate and the amount of your investment we can calculate your monthly income. Call our office to find out exactly what your pay out rate will be.

    The minimum investment varies by company. However, we usually require at least $20,000 as a minimum investment in order to generate you a decent monthly income.

    Please call our office and inquire about a lifetime income annuity. We can let you know your pay out rate and how much income this investment product will earn you. I look forward to hearing from you.

    Thanks!
    Gary Brown, Agent/Owner
    (480) 659-0229

    P.S. We are not securities licensed and do not sell securities related products. Neither do we offer any type of securities related investment advice. However, we do offer fixed investment products that carry little to no risk, such as the lifetime income annuity.