How a Good Home Insurance Policy Will Protect You

For most people, the biggest purchase that they will ever make is when they buy their first home. While a home is a place for you to live, it is also a very valuable asset that will eventually make up a larger part of your net worth. Because of this, those that are in the Peoria, AZ area need to make sure that they properly protect their investment with a quality home insurance policy. A home insurance policy can provide you with many different types of protection.

Protects Your Home

One of the most important parts of any home insurance policy is that it will provide you with protection for your home. When you own a property, you will want to make sure that you are protected against fire, theft, vandalism, or damage due to bad weather. When you have a full home insurance policy in place, you will receive this type of coverage. This will provide you with the financial protection that you need to feel comfortable and live with peace of mind. This coverage will also extend to your personal belongings. More expensive items could require a separate policy rider.

Liability Protection

When you have a home insurance policy in place, you also will receive some liability protection. If you own a property, you are taking on risk if you have a guest of any kind come to your home. If someone happens to be injured at your property, you could be found liable. The liability protection part of your home insurance policy will provide you with support if you are sued for liability. 

If you own a home in the Peoria, AZ area, you should speak with the team at Schaller & Thomas Family Insurance. The professionals at Schaller & Thomas Family Insurance will be able to help you better determine your home insurance needs and can get you into a policy that gives you the right type of coverage. 

Questions to Ask before Renewing Your Auto Insurance

Before renewing your auto insurance in Peoria, AZ, there are some questions you should ask your agent at Schaller & Thomas Family Insurance. This will help you make sure that you are getting the best deal and still receiving adequate coverage for your needs.

Can You Change the Deductible?

If you can change the deductible, see how it can make a difference in the premium you pay. If you have a higher deductible, you can pay less on premiums. However, keep in mind that if you do have to file a claim you will be held responsible for the higher deductible.

Can You Review the Current Information?

It’s also good to make sure the information on file is correct. An insurance company in Arizona should be notified of any major changes, which include job changes, adding new drivers, and updating your marital status. However, it can be difficult to remember to update your insurance company when some of these things happen, so doing it at your renewal is necessary.

What Are the Full Coverage Options?

Ask your agent if full coverage is necessary. If your vehicle is older, you may not want to spend the money on comprehensive and collision coverage. Know the actual cash value of the car, in order to help make these changes.

Are There Any Discounts?

If you have had a good driving record in Arizona, you may be able to get a discount for not having any claims. It never hurts to ask about discounts and there could be discounts you haven’t thought of before.

How Will Claims Be Handled?

While the goal of insurance is to not have to use it, sometimes you will have to file a claim. By figuring out how a claim is handled during your renewal process, you can get the information you need to feel comfortable in the event you need this.

Contact Schaller & Thomas Family Insurance, serving Peoria, AZ, to get a quote on auto insurance.