Peoria, AZ Home and Auto Insurance Rates

When you are seeking insurance to protect your assets, you may be concerned about the rates that you can expect. Several factors will impact your Peoria, AZ insurance rates, so it is important to compare your options so that you can find a plan that is appropriate for your goals and concerns.

Your Records

It may not come as a surprise that your claim’s history, your driving record and even your credit history can impact your insurance rates. Your historical behavior patterns provide a key to determining the level of risk that the company can consider when you are obtaining a policy.

Your rates can be impacted by the details of your history, but the particular impact may vary based on the situation and the historical data that is being considered.

Your Job

Along with your historical data, insurance providers consider the type of work that you do when evaluating the risk that you may get into an accident.

If you are out of work or if you have lost your job on several occasions, then you may face a higher rate when compared to someone who has a solid work history and a reputable profession.


Age can impact your rates due to statistical details. A younger individual is more likely to pay a high rate because the risk of an accident is higher. Even if you have an excellent job, a great credit rating and excellent historical data, your age can still impact your rates.

The rates that are provided on any quote can vary, but certain factors can impact your options and increase the premiums that you are offered when you seek an insurance policy. To learn more about your coverage and getting more affordable prices, contact us to talk to an agent.

Does an umbrella insurance policy cover me for any liability?

Protecting your finances against liability concerns can be challenging. There are a variety of factors that can arise and you may be worried about the potential loss of personal assets if you are facing a lawsuit. Although umbrella insurance can help protect your assets, the way that it helps may differ from your expectations.

What Is Covered?

The way that an umbrella insurance policy works is simple: it pays for the additional liability concerns and lawsuits that may arise after you caused an accident or an accident took place on your property. Your home or auto insurance policy will pay a certain portion of those liability expenses and the policy will usually pick up the additional costs after using the full extent of your coverage on your car or house.

Although liability may be covered, it is also used to pay for the expense of a lawsuit if you are taken to court for additional liability claims.

When to Make a Claim

There are ways that the policy can seem to protect against liability concerns, but it is not the first place to turn after an accident.

Generally, you should not make a claim on your umbrella policy until after you have used your home or auto policy. Use the full extent of your liability protection on your vehicle or house. If there are additional costs or you are taken to court, then you can make a claim on your umbrella policy.

An umbrella policy is not a liability plan; instead, it is a way to help protect against unexpected costs associated with court cases and the expense of medical bills or other related costs that may arise after an accident. Contact us to talk to an agent to learn more about protecting your assets.