Homeowners Insurance in Arizona
Get the proper insurance protection for your home.
Your home is just that, Your Home. It is a place of refuge and comfort and likely your most valuable asset. That is why knowing that your home is insured properly can give you the peace of mind you need. When your home is damaged or destroyed, you need your claim settled quickly by an insurance company that understands what your home means to you.
A homeowner insurance policy can protect a property owner from financial losses due to fire, vandalism, burglary, storms, flood and other causes. Whether you live in a house, apartment, or condominium the right home insurance policy can provide the funds you need to repair or replace your home and belongings. There are many things to consider when purchasing your home insurance policy, here are a few things to look for to help you find the right policy.
“If you live in Mesa, Gilbert, Chandler or Scottsdale, IPA can help properly protect your home at a great rate.”
Arizona Home Insurance
A homeowner insurance policy usually includes these coverages.
Dwelling coverage: This coverage in a homeowner’s policy will pay you in case of damage to any buildings o your property, like your garage, storage sheds and your home.
Personal property coverage: This coverage will pay you when your household items like furniture, television, refrigerator or clothing are stolen, damaged or destroyed.
Liability coverage: This protects you in case you are responsible for someone else’s injury or property damage. Liability coverage can protect in three ways: damage to the property of others, medical expenses for injuries to others, and accidents that occur elsewhere. For example, if the family dog bites a neighbor in front of another neighbor’s house, the dog owner’s homeowner policy will usually compensate the neighbor for injuries and necessary medical expenses.
The standard liability limit for most policies is fairly low, but for some additional protection may be needed, especially if the homeowner has sizable assets.
Medical payments coverage: This pays all medical bills if someone gets injured while on your property. Medical coverage also covers certain injuries such as dog bites or mishaps while children are playing on your property.
Coverages Homeowners May Not Be Aware Of
Theft Off Premises: Most policies automatically insure against the loss of personal property even if that property is not on the insured premises when lost. If one goes to the airport with several suitcases and they are stolen, this may be covered.
Additional Living Expenses: Another benefit of which many homeowners are unaware is coverage for living expenses if the covered premises is damaged and uninhabitable. Not only may the policy pay for the cost to repair the damage to the dwelling, but it may also reimburse the homeowner for the additional expenses of living elsewhere while the repairs are being made.
Talk with your agent and/or your insurance company for details.
What Can A Homeowner Do To Be Prepared?
How does someone find out what is and what is not covered? Read your policy carefully. It’s not likely to be fun reading, but the good news is that if one reads and understands his or her policy before it is needed, this knowledge may save unexpected financial losses should a problem occur. It is always best to talk with one’s insurance agent or the company that issued the policy for details. Understanding your home owners insurance policy is best handled before a claim is made.
In the case of household contents, an inventory of items room by room is important to have with information such as the date purchased, serial number, the original cost of each item and a brief description. Video tape or still photos are very helpful along with the inventory. The inventory papers should be stored in a safe place such as a safety deposit box in a bank. If the home is destroyed, the chances are the inventory paperwork and related photos or video may also be.
How Much Home Insurance Do You Need?
Your premium is dependent on many variables including type of coverage, age, size and location of residence, the make-up of the structure, credit rating and the value of your personal belongings. Each person’s situation is unique and every insurance company has their own formula for calculating the cost of a homeowner’s insurance policy.
At IPA we know you have better things to do than shop insurance. As your personal insurance agency, that’s our job. Our carriers offer discounts such as home/auto discount, alarm discount, tile roof discount, new home discount, gated community discounts and more. Let us shop our A+ rated insurance carriers for you and find the lowest rate possible for the coverage you need.
Your home is important to you. If its ever damaged or an accident happens on your property you’ll need a homeowner insurance policy from a top rated carrier that’s going to take good care of you.
Whether you live in a home, condo or apartment we can find the proper coverage at an affordable rate. Talk to one of IPA’s carefully trained agents today and get the proper coverage at the best price on home insurance in Mesa and surrounding areas. At IPA we do the shopping for you.