AZ INSURANCE TEAM BLOG

When planning your estate, it is important to understand the difference between a trust and a will. Both are essential tools that help ensure your assets are handled according to your wishes. In simple terms, a trust allows one party to manage assets for the benefit of another. This arrangement involves three roles: the “trustor” (also called a grantor), who creates the trust; the “trustee,” who manages the assets; and the “beneficiary,” who receives the benefit of those as

According to the U.S. Geological Survey, the average person uses between 80 and 100 gallons of water per day. That adds up quickly: not just for the environment, but for your monthly expenses as well. By making a few simple changes around your home, you can significantly reduce water usage, lower your utility bills, and live more sustainably. 1. Check Your Appliances for Leaks Even small leaks can waste a surprising amount of water over time. Regularly inspect toilets, shower

While searching for a house to call your own, you’ve most likely discovered the need for homeowner’s insurance . But what is home insurance, exactly, and what does it actually protect you from? Homeowner’s insurance (also known as hazard insurance  by mortgage companies) is a policy designed to protect your home and financial well-being in the event of a covered loss . But what counts as a covered loss? A covered loss typically refers to sudden and unexpected damage to your h

Whether you’ve owned your home for decades or you’ve just purchased your first property, a refresher on homeowners insurance basics  can help you evaluate your current coverage needs and determine the best home insurance policy for your property . Typical home insurance policies usually include at least five types of essential coverage. Dwelling Coverage: Dwelling coverage is the part of a policy that protects your home and its attached structures, such as a garage. Dwelling

If you own a home, you’re required to have homeowners insurance, unless you don’t have a mortgage.  When you’re required to pay for something, often times you look for the cheapest way to do so.  That’s why we’ve created this list of things that may be making your homeowners insurance policy cost more. 1. Age of the Home: Older homes can be more susceptible to losses due to wear and tear. Because of this, insurance companies typically offer lower premiums  for newer homes. If