Can You Use a Private Vehicle to Earn Money by Providing Ride-Sharing Services?

Ride-sharing has become very popular. This includes sharing a vehicle along with co-workers while commuting to work and sharing a vehicle with another person who pays for the service. Even if you are not being paid, such as when driving a carpool to work, you may need to adjust your auto insurance.

If you start regularly driving passengers around, this is a change in the use of a private vehicle from personal use to commercial use. Before you start taking passengers onboard in your vehicle, consult with your agent at Schaller & Thomas Family Insurance serving Peoria, AZ and the surrounding area.

Requirements by Commercial Ride-Sharing Services

The online companies that provide commercial ride-hailing and ride-sharing services such as Uber, Lyft, and others, have specific requirements for the minimum levels of auto insurance that their drivers are required to carry. It is a fairly straight forward process to find auto insurance that meets these requirements. However, the basic minimums for auto insurance may not be adequate for your needs depending on the type of vehicle you own and how valuable it is.

Discuss your auto insurance needs and inform your agent about your desire to use a personal vehicle to earn money offering ride-sharing services.

Mixed-Use of a Vehicle

A vehicle may be used for more than one purpose by more than one driver. The user may be full-time or part-time and may change. Talk over all these details with your agent to make sure your auto insurance is adequate. Your agent will explain the policy options that provide protection for your specific needs.

Be sure to discuss coverage for casual drivers versus when another driver must be listed on the policy as an authorized driver.

Summary

There are millions of drivers that are making extra money by participating in ride-sharing. If you are driving a carpool, sharing your vehicle with others, and/or getting paid for commercial ride-sharing service you need different auto insurance than when you are solely driving the vehicle for personal use.

Contact your agent at Schaller & Thomas Family Insurance in Peoria, AZ by calling 623-580-8688 or by using the convenient online form to request a quote and be able to compare rates.

Fire hazards in the home

A house fire can happen suddenly and can be devastating. Such a fire can not only seriously damage or destroy your home; it can take the lives of you and your loved ones.
Schaller & Thomas Family Insurance serving Peoria, AZ would like to point out some of these hazards and how to mitigate against them.

The majority of house fires start in the kitchen while preparing meals on a stove top. Be sure that you are in the kitchen at all times when you are preparing a meal. Try to keep flammable items such as paper towels away from the burners on your stove. Keep your cooktop as clean as possible from the residue left by grease splatters. If a fire does start, do not splash water on it. Use an extinguisher.

Space heaters cause a high percentage of house fires. Make sure that any flammable object is at least three feet away from space heaters. Avoid using candles that aren’t covered and, if you have a fireplace, keep flammable objects away from it, and do not leave the room if the fire is lit.

Check your electrical appliances for frayed or worn wires. Try to limit the number of appliances that are plugged into the same outlet.

Dryers can be a source of fires. Make sure that the lint screen is cleaned before using it.

Storage areas such as garages should be kept as uncluttered as possible. Flammable liquids should be in tightly sealed containers. The yard should be kept clear of debris. The grill should be away from the house and when in use, attended at all times.

You should have smoke detectors and an extinguisher in your home.

For any questions on home insurance, contact Schaller & Thomas Family Insurance serving Peoria, AZ.

Is It Smart to Update Your Auto Policy Once You Own the Vehicle Outright?

When you have an auto loan out on your vehicle your lender will typically require a certain level of insurance coverage. Many people believe that it’s a good idea to drop certain coverages when they have paid off their loan and own the vehicle outright. At Schaller & Thomas Family Insurance we believe that our clients in the greater Peoria, AZ area should consider all of the implications of such a move prior to lowering their coverage. While your coverage will likely decrease in cost once you pay off your loan, it is not always wise to lower your insurance protection levels.

How Paying Off Your Car Loan Can Affect Your Insurance

After you have paid off your car loan you will likely notice a decrease in your policy cost. While this not always the case, it is a typical experience for many car owners. Because there are certain coverage levels that are instituted by your lender, you may be tempted to move away from those standards once your loan is paid off. This decision is best evaluated on a case-by-case basis, as every situation is different. There are a number of different factors to consider, such as vehicle replacement coverage and liability protection. If your auto is older and a replacement vehicle would exceed its value, it’s important to have the appropriate coverage level. Likewise for liability insurance, as this need does not change whether your own your car or not.

Residents in the greater Peoria, AZ area are encouraged to contact the team at Schaller & Thomas Family Insurance today to learn more about their auto insurance options. Whether you own your vehicle or carry a loan, we can help you determine which policy is right for you.

Mexico Insurance and US Rental Cars

You might think that US rental cars automatically come insured, but you need your own liability insurance to cover them. That includes trips to Mexico requiring Mexico insurance. This blog from Schaller & Thomas Family Insurance explains what insurance you’ll need to rent a car you drive in Mexico.

Just as each state has its own insurance requirements, so does each country. US car insurance does not cover you driving on Mexico’s roads, so if you want to road trip across the border from Peoria, AZ or any other location, you need what US carriers refer to as Mexico insurance. That’s auto insurance coverage that meets Mexico’s requirements.

If you plan to drive across the border or rent a car while in Mexico, you will need a Mexico insurance policy. Many factors influence the cost of this type of policy.

  • Policies vary by carrier, so some Mexico policies cover autos, RVs and motorcycles.
  • Some policies only cover travel within a specific distance of the US border.
  • The length of time of the policy.
  • If the policy also includes legal assistance and bail coverage.
  • If the driver needs coverage for theft and vandalism, too.

Mexican auto insurance covers many of the same contingencies as US insurance, such as liability and injury to other drivers. Driving without this insurance in Mexico can result in serious penalties, including jail time in Mexico.

The US’ southern neighbor requires "proof of financial responsibility" to pay for an accident throughout its borders. The specific insurance requirements vary by area within the country, just as they do by the state in the US. In Mexico, you have to provide financial responsibility to the police if you are found at fault in an accident. Until you provide you can pay for damages, the police can detain you.

Schaller & Thomas Family Insurance in Peoria, AZ can help you obtain the Mexico insurance you need before your trip. Call or come by our office to pick up your Mexico policy before you leave on your trip south.

How does life insurance work?

Only an agent from Schaller & Thomas Family Insurance can provide the ins and outs of a life insurance policy in Peoria, AZ. You, however, can learn the basics of the nature of life indemnity plans below!

What is life insurance?

In simple terms, life insurance is a contract between the buyer and seller. The buyer (you) agrees to purchase a policy and pay monthly, semi-monthly, or annual premiums to the seller (the assurance company). The indemnity company, in return for such trust and loyalty, agrees to pay the buyer’s relatives in the instance of the policyholder’s death.

Life insurance policies do not require a beneficiary to know that he will gain a financial benefit from the policyholder’s assurance plan. The buyer must, however, choose beneficiaries and should inform such persons of his decision to include them in his policy. A beneficiary does not need the policy number of the deceased holder to file a claim. The benefactor does, however, need to know the name of the assurance company to begin paperwork proceedings. There is no other way for a loved one to know the company with which you hold a life insurance policy unless you tell them.

What factors influence premium payments?

Premium payments are calculated according to several factors that could influence life expectancy. A person’s age, for instance, could cause the quote to rise or fall. Whereas young policy seekers may pay pennies on the dollar for an indemnity plan, those consumers who are older may find themselves paying ten times more for the same policy.

Medical records and lifestyle habits also influence premium payments. Nicotine users and those with chronic illnesses such as diabetes or cancer can generally expect to pay more for life insurance in Peoria, AZ than an individual who has a clean bill of health.

Call Schaller & Thomas Family Insurance for help!

We have been in the business of life insurance for many years and can walk you through the process. Let us help you find the policy that fits your lifestyle and needs today!

Insuring Multiple Cars on One Policy in Peoria, AZ

Getting multiple cars covered on a single policy with Schaller & Thomas Family Insurance in Peoria, AZ is easier than you might think. The process is about the same as getting any car insured, you just need to let your insurer know that you’d like to have these autos covered under a single plan.

There are a number of benefits to getting multiple cars covered on a single policy. For one, it’s usually going to be cheaper. You can generally expect a discount by insuring more than one car on a single policy. It’s also simpler having just one insurance bill to pay each month.

Most insurers will allow you to cover up to five cars on a single policy. Any more than that and you’re looking at fleet insurance for companies or car collectors. Not a lot of people have more than five cars in their garage, so your policy should be able to cover every car you need to be covered in your family, even if you have three kids who just got their licenses.

You can even cover multiple cars in multiple households. If your teen is going off to college, there’s no need to send them off to buy separate insurance just yet.

A multi-car policy is simpler, more affordable, and easy to get set up. If you’re getting married, if your teen just aced his driver’s test, or if you’re eyeing a classic car that looks like it’d be a lot of fun to take out on weekends, go ahead and call Schaller & Thomas Family Insurance in Peoria, AZ and see what we can do to get all of your cars covered.

Should you have additional auto insurance coverage for your teenage driver?

Are you currently experiencing all of the joys that come with having a teenage driver in your home? If this is your present reality, you may have a lot of questions about the best way to provide auto insurance for your family now that you need to insure a teenage driver. Don’t spend any more sleepless nights worrying if you have the appropriate coverage for your Peoria, AZ family, the team at Schaller & Thomas Family Insurance is here to answer your questions and help you determine which policy is appropriate for your family’s auto insurance needs.

There are several factors to consider when it is time to add a teenage driver to your family policy:

  • Teen drivers are more likely to get into a fender bender or accident than adult drivers
  • A lack of experience can cause a higher likelihood of damage to a teenager’s vehicle
  • You may have to pay more if you add a teenager to your family policy than if they have their own coverage

These are just a few of the many factors that may enter into to your decision-making process when it comes time to provide coverage for your family’s teenage drivers. We recommend that you consult with a local agent to understand all of the options that are available to you. It is an exciting time in the lives of any teenager when they gain the independence that comes with being able to drive, make sure that your family members have the coverage they need!

Find out what makes the most sense for your family’s unique situation by scheduling a consultation with the team at Schaller & Thomas Family Insurance today. We are proud to serve the Peoria, AZ area and look forward to working with you.

Who Should Purchase Mexico Insurance?

If you are planning to travel to Mexico in the near future, you may be interested in Mexico insurance. Even if you have auto insurance in the United States, authorities in Mexico don’t recognize the insurance coverage. If you plan to drive when you are in the country, it may be necessary to purchase before you leave to visit the country.

Mexico Insurance Coverage

If you are planning to drive, or even think you may drive when you are in Mexico, then you need to purchase Mexico insurance. You can’t drive in the country without this coverage, otherwise, you may find yourself in a serious situation. Don’t take chances in another country while driving. Purchase Mexico insurance from a reputable and knowledgeable insurance agency that will explain the terms and conditions and work with you to get the temporary coverage you need while exploring Mexico. 

Find The Right Coverage

Not all insurance policies and agencies are the same. Always work with a top agency that offers high-quality insurance products that will offer peace of mind and protection while you are away from the country. If you plan to visit Mexico anytime in the near future, contact Schaller & Thomas Family Insurance serving the residents in the Peoria, AZ area. They will work closely with you to outline your coverage needs and suggest products that work for your needs. 

For more information about Mexico insurance and how it can protect you when you drive in that beautiful country, consult Schaller & Thomas Family Insurance serving Peoria, AZ and the surrounding areas. Call or stop by to speak with a friendly agent ready to give you the details. 

The Importance of Life Insurance

The purpose of insurance is to plan for the future and to protect what you have today. One form of protection is life insurance, yet many individuals do not take advantage of what life insurance offers. There will be a time where you are not able to provide for your family. With life insurance, you can continue to provide for them even after you’re gone. So whether you live in or around Peoria, AZ, Schaller & Thomas Family Insurance is here to help. 

You Won’t Always Be There

You will not always be there to provide for your family. Final expenses for funerals is expensive. These costs can quickly push into the tens of thousands of dollars. This also doesn’t include medical bills that will likely be attached to it. For some who do not have large bank accounts and investments they may not be able to pay for this. Life insurance is exactly that and it is there to provide money for not only final expenses but for your family for years to come. 

The Right Amount For Your Family

Not everyone needs the same kind of life insurance policy. What you need is going to be likely different from your neighbor. The team at Schaller & Thomas Family Insurance can work with you in determining the right coverage for what you and your family will need in life insurance. 

It is important to invest in life insurance as it will provide for your family even after you are gone. So if you have a family or, at the very least, want to prepare for the future, it is critical to consider life insurance. Whether you live in or around Peoria, AZ, the team at Schaller & Thomas Family Insurance is here to help. 

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.