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Different Types of Auto Insurance

Just as there are different types of cars and drivers, there are different types of auto insurance in Glendale, AZ. Sometimes, it can be a challenge to find the best coverage for you and your vehicle, but it’s not impossible. Our team at Henderson Anderson Insurance wants to help, and that’s why we’ve provided this informative blog post on the different types of insurance for your vehicle. So, let’s take a look.

Liability Insurance – Mandatory in most states, it helps cover injuries and property damage that result from an accident for which you are responsible.

Collision Insurance – Covers damage to your vehicle or its replacement following a collision.

Comprehensive coverage – This is an extra layer of auto insurance coverage. It helps protect your vehicle from incidents other than collisions, such as vandalism.

Uninsured/Underinsured Coverage – These are often linked with uninsured coverage protecting you in a collision with an uninsured or hit-and-run driver. Underinsured coverage gives you protection if you have a collision with a driver who doesn’t have enough insurance to cover your costs.

Medical Payment Insurance – This coverage provides help for paying your medical bills regardless of who is at fault in an accident.

These are some of the major types of car insurance, and if you want to learn more, we can provide extra information at Henderson Anderson Insurance.

Your Home Insurance Policy – Make Sure You Have Enough Coverage

homeowners insurance A home is the most significant investment that most of us will ever make. With that thought in mind, the team at Henderson Anderson Insurance decided to present this blog about protecting your residence with insurance. Specifically, we’ll look at the topic of having enough homeowners’ insurance in Glendale, AZ.

You should always check your policy very closely before you make any changes to it. It may be possible that you have the coverage you don’t think you do or are lacking coverage you thought you had. Often a homeowner will find that a basic policy doesn’t provide all of the protection they need.

You may need extended dwelling coverage if the actual cost of rebuilding your home would exceed the replacement cost of the house. If you decide not to rebuild at the same location following a total loss, replacement up-front coverage gives you a payout for the construction or purchase of a new home in a new spot.

A homeowners’ insurance policy should also include covering the replacement costs of your personal property as well. It provides funds to help you replace items such as home electronics, jewelry, furniture, and art with no depreciation or deduction.

If you wish to learn more about this topic, Henderson Anderson Insurance can help by providing the information you need.

Important Questions to Ask Your Insurance Agent

couple consulting an insurance agentYour insurance agency is a valuable resource when determining the coverage you require. Some questions to ask your insurance agent in Glendale, AZ, include:

I’m Remodeling My Home; Do I Need Extra Coverage?

If your home remodeling project will increase your home’s value or square footage, talk to your agent about additional coverage.

What Coverage Does A Home-Based Business Require?

Home-based businesses need to be prepared. Insurance should cover inventory, libel issues, and even customers visiting your home.

Should I Change My Insurance Because My Family Is Growing?

It’s a good idea to consider adding or changing your life insurance. When in place, it can help ease the financial effects of an unexpected death. Also, if you have teenagers, consider increased auto insurance.

What Coverage Should A Newly Graduated Student Obtain?

Students joining the workforce and leaving home are no longer covered by their parent’s policies for auto and homeowner’s insurance. Talk to an insurance agent about personal coverage. You’ll also want to consider life insurance to cover unforeseen circumstances.

Does My Insurance Protect Me From Being Sued After A Car Accident?

The short answer is not always. Although your policy already includes liability coverage, state minimums are usually inadequate. Your insurance agent can help you choose the right policy for you.

How Can I Save Money On Insurance?

Most insurers offer bundled coverage, so ask about streamlining your premiums with multiple policies to protect your car and home.

 

brown tabby cat

Is Your Home Safe from Pet Damage?

Including an animal companion in your life, no matter what the species, is a significant decision and new owners need to be aware of their responsibilities. Homeowners’ insurance in Peoria, AZ, doesn’t usually include coverage for damage done by your pet. However, you can take steps to protect your residence from too much attention from a bored dog or cat.

Make Your Match

The right pet can make all the difference, so be sure to research your options. Some animals require very little maintenance, and some require a lot. Knowing what to expect from your new friend is essential.

Daily Exercise

When it comes to dogs, the contrast between couch potatoes and high-intensity drive is significant, so knowing how much exercise they need is crucial.

Consistent Training

Consistency is key in just about everything, and training an animal is no different. Keeping your pet safe and your possessions undamaged starts with good behavioral habits.

Pet Proofing

Puppies and kittens get into everything. You can protect your furniture, garbage cans, and hazardous items from their curiosity with diligence and caution.

Crating & Confinement

Although putting your new friend in a crate may seem harsh, most pets actually feel more secure in a confined space. Crate-training your dog can go a long way to keeping them safe while you’re away.

Homeowners’ insurance won’t replace your electrical cords or prevent your pet from staining the rug. It’s up to you to ensure safe and healthy conditions for everyone’s peace of mind.

IT professional

Tips For Insuring Your IT Company

Protecting your business and establishing a risk management program is vital for many enterprises, including IT companies. Commercial insurance in Peoria, AZ, can help mitigate damages should any professional issues arise. There are several insurance options for IT companies, including:

Professional Liability

Your professional advice is vital, but it can also be a liability should it cause your client problems. If they insist your advice was misguided, you could be held responsible. Professional liability insurance can minimize the impact on your operations.

Cyber Liability

Often IT companies assist in setting up servers, phones, computers, Wi-Fi, and other services. However, if the client ever gets hacked, your company could be on the hook. Cyber liability covers this possibility and secures your interests.

Business Interruption

Natural disasters, pandemics, and situations out of your control are a genuine concern. Protecting your business from an interruption means you may be able to save your company from insolvency.

Employment Practice Liability (EPLI)

Employees are valuable, but they come with certain liabilities. EPLI can safeguard against accusations of discrimination, wrongful termination, and harassment.

Business Personal Property (BPP)

Your IT company will have inventory. It can include servers, cabling, and ancillary equipment that often has no coverage under a liability policy. Commercial insurance like BPP can cover these items.

What Your Insurance Covers During a Move

couple packing up their houseMoving is undoubtedly one of the most complex tasks a homeowner can face. It involves planning that rivals a military operation and sometimes requires almost as many people.

When you plan a move, one of the many questions you’re likely to have is, “What does my insurance cover during the move?” We’ve got the answer at Henderson Anderson Insurance, and we’ll share it with you here. Our team specializes in homeowners’ insurance in Peoria, AZ, and has provided this information to many customers. The central fact to know is that your insurance will cover losses for some of your belongings.

A homeowners’ insurance policy will generally cover your belongings inside and outside your home and in transit if you use professional movers. A moving company should also have insurance that covers other situations not included in your policy.

Interstate movers are required to offer liability coverage in three options: released value, full value, and separate liability. Released value provides minimal protection based on the item’s weight. Full value pays for the replacement cost. Separate liability goes beyond released value coverage by providing loss coverage above the minimal protection.

If you move yourself, contact your insurance agent to find out what’s covered in your policy and see if you need to extend your coverage. If you have any additional questions about insurance during a move, our team at Henderson Anderson Insurance is always happy to provide the answers.

 

 

Insuring Your Brand New Car

couple buying a new car Buying a new car is an exciting event, and once you make that financial commitment you want to protect your vehicle. The best way to do that is through auto insurance in Peoria, AZ.

At Henderson Anderson Insurance, we have the details a new car owner should know about insurance. Let’s take a closer look.

Not only do you want to cover your new car, truck, or SUV with auto insurance, but it’s also required by law. Each motor vehicle operated on the roads of Arizona must have liability insurance from a company authorized to conduct business in the state. Apart from the mandatory insurance requirements, you have other options to consider.

New vehicle replacement coverage will reimburse you the total value of the brand new car if it’s stolen or destroyed within one year of purchase. Loan and lease coverage provides money to cover the gap between the amount left on your loan and the vehicle’s depreciated value.

If you have a fantastic custom sound system in your new car, having audio-visual and custom equipment coverage protects you for the value of anything not installed by the factory or dealer. This also applies to items such as aftermarket wheels, lift kits, and paintwork.

OEM parts replacement coverage is an additional auto insurance element that will benefit you. It is added to your comprehensive and collision coverage to ensure you get factory parts for your car during accident repairs.

business owner in an online meeting

What Can Your Commercial Insurance Cover?

Commercial insurance in Peoria, AZ, is one of the best products available to protect your business. It doesnt matter how big or small your company is or how long it has been in operation. Commercial insurance can help provide financial assistance in emergencies and sticky situations. But what exactly does commercial insurance cover? Here are the three main areas you can expect to see in commercial insurance coverage.

Stock and Equipment

Your business’s stock and equipment are protected by commercial insurance. If any of it is damaged, you can recover the lost value of these items. You can also protect the equipment used to make your products or whatever else you sell. Should the equipment run into problems, youre able to cover it with insurance.

Company Vehicles

Do you have vehicles for your business? General auto insurance does not cover these vehicles. However, commercial insurance does. Smart business owners have commercial insurance to cover their company vehicles.

Workers’ Compensation

If your employees are injured at work while performing their jobs, you’ll be happy you have commercial insurance. Youll need to take advantage of workers’ compensation insurance, and it’s legally required in many states. This insurance covers medical expenses incurred from work-related injuries.

homeowner

Is Your Basic Home Insurance Enough?

Your homeowners’ insurance in Peoria, AZ, covers plenty of different things, but there are some situations not typically covered under a general home insurance plan that you can add-on to your coverage. Your insurance agent can help you determine which specific add-ons make the most sense for your needs. Here are the top three add-ons to homeowners’ insurance policies.

Underground Sewer Lines

Underground utility lines bring services to your home, but you are responsible for any damage that happens to the lines on your property as the homeowner. Whether the damage is caused by tree roots or the age of service lines, its not covered under general homeowners’ insurance. Adding this can be helpful if you live in an older property that may have dated systems.

Drain and Sewer Back-Up

If a municipal drainage system overflows, the water can back up into your home and cause significant flood damage, inconvenience, and health concerns. This damage can be expensive to repair, and adding this protection to your homeowners’ insurance can give you peace of mind.

Sinkholes

Depending on the composition of the ground around your property, your home could be susceptible to sinkholes. If you add this type of endorsement to your homeowner’s insurance policy, then you wont have to face this expense on your own.

small business owner

Common Risks Your Small Business May Face

As with any investment, running a small business involves taking risks. While you can anticipate operating costs, revenue, and how they will factor into your daily operations, some things cannot be planned. It is nearly impossible to predict when you might lose key personnel, suffer a data breach, or be on the receiving end of a personal injury lawsuit, for instance.

Fortunately, you have ways to prepare for the unexpected. Your insurance agent in Peoria, AZ, will recommend that you take out a policy that will meet your needs. This post describes some of the most common risks small businesses may face. Most insurance policies have provisions for covering them.

Property Damage

Damage to your store, warehouse, or office can impede your ability to work. Acts of vandalism, damage due to severe weather, and accidents can negatively impact your property–including your inventory and equipment. Your insurance agent might recommend commercial property insurance to guard against incidents like these.

Liability

Despite your best efforts to keep your place of business a safe place to work, the simple fact of the matter is that accidents do happen. If someone gets hurt on the premises, then you might already be in the crosshairs of a lawsuit. Liability is the act of being held legally responsible for something that occurs at your place of business, and it can also include the failure to fulfill a contractual obligation. Liability insurance can protect the company and its employees.

Other risks can include cyber-attacks, data breaches, and commercial auto accidents. Your insurance agent can help you build robust coverage that will protect your enterprise and peace of mind. Contact your agent today and request a consultation.

 

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