AZ INSURANCE TEAM BLOG

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

One of the biggest mistakes Arizona landlords make is not requiring renters insurance in the lease agreement. Many property owners assume renters insurance only protects a tenant’s clothes and furniture, but it also provides critical personal liability protection which directly impacts you as the property owner. The primary reason to require renters insurance for Arizona rental properties is liability exposure. If a tenant’s dog bites someone or a guest is injured inside th

Buying a home is exciting! but even a few small mistakes can cost you thousands or even delay your closing. Whether you’re a first-time buyer or a seasoned homeowner, these 5 tips can help you avoid common pitfalls during the home buying process. 1. Get insurance before you buy: Most mortgage lenders require proof of homeowners insurance before they release loan funds at closing. Starting early ensures you have coverage in place the day you take ownership and prevents delay

Emergency funds are an important part of a personal financial plan and monthly budget . Building emergency savings for a rainy day can help you avoid high-interest debt when a crisis strikes and reduce the stress that often comes with job loss, unexpected medical bills, or emergency expenses . As soon as you’re financially responsible for handling emergencies, you should start thinking about building an emergency fund savings account . The sooner you start saving, the more