YOUR QUALITY INSURANCE BROKER SERVING QUEEN CREEK, GILBERT, MESA AND ALL ARIZONA

Car insurance is important since without it you’d have to pay for costly claims out of your own pocket. This could also put your personal assets at financial risk. When you have a car insurance policy, you’ll be able to choose your coverage limits and deductible. If you get into a car accident and file a claim, you’ll have to pay a deductible prior to getting coverage from your policy. Most states require drivers to carry car insurance. If you don’t, you’ll be responsible for the claims cost but you can also face penalties, fines, and possible criminal charges. Driving uninsured is against the law and dangerous and an uninsured driver’s car isn’t protected against accidents, collision, or general theft and vandalism. Auto insurance covers cars, motorcycles, trucks, and other vehicles, and is intended to protect against physical damage and bodily injury that could result from driving, whether the incident is reckless or an accident.

Homeowners insurance protects your finances from damage. When you purchase a home insurance policy, you will be paying a premium in exchange for the insurance company paying for certain unexpected perils. This type of insurance helps pay for damages caused by disasters or other damaging events that may affect your home. A standard home insurance policy will protect your home’s structure and belongings, additional living expenses, and offer liability protection. This is best for those who need to maintain their home and keep its property value high. It’s also good to have your home covered in case of any major damage, such as flooding or a house fire. Homeowners insurance generally covers the house you reside in and any associated structures, such as the porch, garage, or balcony.

Life insurance financially protects your family in case you die an early death. You pay a regular premium to the insurance company for a specific number of years. In return, the insurance company pays a sum that your family will receive if you die during the policy tenure. There are different types of life insurance policies and in some, you even get a lump sum amount if you live through the policy tenure. It’s important to get life insurance as death can be expensive, from settling an estate to planning a funeral. There are multiple associated and unexpected costs that you may not think of now and may easily set you back in the future. Having a life insurance policy will ease the financial burden placed on a surviving spouse or the dependents. People who have dependents are recommended to get insurance as in the event of a death, a life insurance policy pays the beneficiary an agreed-upon amount to cover the expenses left by the deceased.

Business hazard insurance is a type of small business insurance that helps protect the owned or rented building that your business is in. It also helps protect the equipment that you use to run your company. This type of insurance is also typically called business property insurance. It can help cover the cost to repair or replace your personal property, tools and equipment, inventory, furniture, accounts receivable, valuable documents, and outdoor landscaping. Hazard insurance applies to the home and other structures. Many states don’t require business owners to carry hazard insurance but it’s still a good move to get covered to protect your business’ property.

Commercial insurance is aimed at helping businesses to stay protected against risks that may threaten their success. Depending on the coverage, it can be aimed at protecting the reputation, wellbeing, and financial situation of a business entity and its employees. In comparison to personal insurance, commercial insurance can cover multiple stakeholders and employees. Commercial insurance also differs from personal insurance as it tends to have a higher limit of coverage. Commercial insurance protects business and their assets from liability, property damage, and other risks.

Marine insurers providing boat and yacht insurance offer a wide range of coverage. There are two sections to a boat insurance policy, physical damage, and liability. The physical damage section covers accidental loss or damage to the boat and its machinery. The not only covers the hull and engine, but also the sails, personal property, and other equipment needed to operate the boat. The liability section covers the legal obligations to the third parties which may arise from bodily injuries, loss of life, or damage to someone else’s property as a result of ownership or operation of your boat.

Recreational vehicles include a wide range of motorhomes, from camper vans to bus conversions organized in three different classes, Class A, B, and C. Your RV insurance will depend on the class of your vehicle, how much you use it, whether you live in it full time, and other factors. RV insurance covers many similar risks that auto insurance does, including collision, comprehensive, and liability coverage. RV insurance protects you from excessive out-of-pocket costs in the event of a loss or if you are at fault in an accident that causes bodily injury or property damage. It can also compensate you for your costs if you have a roadside breakdown. It’s a large investment but it remains important as these large vehicles can cause major injuries and damage to other vehicles and properties in an accident.