Insuring your home and your car are an important step towards protecting your valuable property. You never know when you will need it, and when you do, you won't want to be without it. If you get a mortgage to buy your home, the lender requires you to have homeowners insurance. If you get credit to buy a car, the car lender and dealer won't let you take the car off the lot without proof of insurance. Aside from that, every state takes driving without insurance – or at the very least, without the minimum the state requires, as a driving offense and violation of the law.
Do Your Research
Insurance rates vary widely from company to company. That's why it is so important that you look around, compare policy options from different companies, and ask for quotes. You can do this online, and it won't take long, especially when you request it through an independent Arizona insurance agency like the Homeowners Insurance Group in Scottsdale, AZ. Don't forget to find out about discounts for bundling policies. If you want to get homeowners and auto insurance, then ask if you'd get a better rate on both policies if you get them from the same company. It never hurts to ask.
Understand Your Coverage
Insurance can be very confusing. That's where talking to an independent agent can help you. They can explain the important consumer awareness points that the Arizona Department of Insurance lists among the material the website has for consumers.
“Household,” “Family,” and “Intra-Family” Exclusion – Some companies put this exclusion on all car insurance policies, and Arizona law lets them do this. This means there is a limit on the amount of damages the company will pay to cover personal injury liability to people in who are injured in a car when the injuries are caused by driver negligence. The limit is equal to the state required minimum coverage that only includes liability. This coverage is limited to $15,000 per person, and $30,000 per accident.
Think carefully about how protected you are with each of the three types of Arizona homeowners insurance policies. Going with a cheaper policy is rarely the smartest way to go. Make an appointment to talk to an agent at Homeowners Insurance Group in Scottsdale, AZ, so you can discuss your circumstances and make an informed decision. You'll feel better when you know that your home, car and personal property are protected.