You need to buy a home insurance policy when you purchase a home. Home insurance is important because a home is such a valuable asset that you need to protect.

We provide home insurance policies to homeowners in Green Valley, AZ at the Insurance Center of Green Valley. The following are three questions to ask before you purchase a home insurance policy in Arizona. 

Is home insurance required?

A lot of homeowners want to know if they’re legally obligated to purchase home insurance. Home insurance is generally not required by law. However, it’s worth noting that mortgage lenders will only lend money to a consumer to buy a home if the home is insured.

If you are still paying off a mortgage, you will be required to buy home insurance. Home insurance is also just generally a good idea to secure your finances even if you’re no longer paying off a mortgage. 

What types of damage will home insurance cover?

A standard home insurance policy will cover liability costs and damages from fire or lightning storms. However, home insurance will generally not cover damage from floods and earthquakes. 

How can I bring my premium costs down?

There are many ways you could potentially bring home insurance costs down. You may be able to bring costs down by making improvements to your home that increase safety.

You also might be able to save money by buying other types of insurance like car insurance from the same provider. Providers will sometimes give you a discount for bundling policies like this. 

We can provide you with answers to your questions about our home insurance policies in Green Valley, AZ. Contact us for more information. 

In the Green Valley, AZ area, there are a lot of advantages that come when you own a home. Those that are here and buy a property will continue to enjoy the long-term price appreciation, tax benefits while also having a stable place to live in a nice community. As you are looking to get a home here, you should also get home insurance. There are several benefits that come when you get a home insurance policy. 

Insurance Covers Your Assets

One of the benefits that come with home insurance is coverage for your assets. If you do buy a home, you will be making a big investment in your future. You will want to protect this investment as well as you can. A great way to do this is by getting home insurance. With this insurance, you will continue to receive protection in the event your home is damaged or destroyed.

Insurance Gives Liability Protection

A property owner here should also think about their personal liability risks. If you do not receive this coverage, you could have to pay for any damages that you are deemed responsible for during a liability claim. This could include claims that your home caused damage to another property or if someone is hurt while in your residence. With liability insurance, you can receive protection to offset this risk.

As you are looking for a home in the Green Valley, AZ area, you should call the Insurance Center of Green Valley. The team at the Insurance Center of Green Valley can help you determine what your insurance needs are. They can then give you the guidance that you need to choose a policy that will ensure you and your assets are properly protected at all times. 

Those that are in the Green Valley, AZ area should consider purchasing their own home. Owning a property here provides a variety of short and long-term benefits. As you are shopping for a home, you should also consider your insurance needs. There are several reasons why you need coverage here. 

You Want Valued Protections

One of the main reasons that you need to get home insurance here is that you will want the valuable protection it provides. Home insurance is a great investment due to the protection that it provides for your dwelling and personal belongings, which could save you a considerable amount of money if there is a fire or other form of damage. Additionally, your home insurance policy is going to give you liability protection that will be valuable if you are ever at fault in an accident.

Insurance is a Requirement

You will also need to get home insurance if it is a requirement for you. For the vast majority of property owners, having home insurance is a requirement by at least one agreement. Anyone that lives in a community with a home association or has a mortgage outstanding will be obligated to meet certain insurance requirements. You likely will need to provide evidence of coverage at least once per year. 

Anyone that is in the Green Valley, AZ area and owns a home will want to get home insurance. If you are looking to learn more about your home insurance needs and options, you should speak with the team at the Insurance Center of Green Valley. When you speak with the team at the Insurance Center of Green Valley, you can learn a lot more about how insurance can protect you. This can help to ensure that you receive the right coverage for your situation. 

Homeowner’s insurance is an important investment you make into your home. Many people think that homeowner’s insurance is something you deal with once and then forget it. It is wise to take a look at your homeowner’s coverage often to make sure you are getting the best deal and your home is insured properly. At the Insurance Center of Green Valley, serving Green Valley, AZ, we love to help our clients better understand important insurance topics such as this. Keep reading to learn when to shop for new homeowner’s insurance. 

Annually 

It is recommended to shop around for a better rate on your homeowner’s insurance annually. In most cases just letting your current policyholder know that you are shopping around is enough to encourage them to offer you a better rate. There are also other factors that can affect the rate of your homeowner’s insurance so re-evaluating once a year is a good time to see if you qualify for any new discounts. 

After Home Improvements

If you have completed home improvements, then you will definitely want to shop around for new homeowner’s insurance. When the value of your home increases substantially, you will want the coverage to increase as well. Your previous coverage may not cover the new value of your home in the event of damage. It is best to sit down with an insurance representative so that they can properly evaluate the new coverage needs. 

After A Divorce

If you have been awarded your home in your divorce, you need to make sure that the insurance policy is in your name. This is a good time to shop around for the best rate as well. 

If you would like to learn more about homeowner’s insurance, please contact our friendly staff today at The Insurance Center of Green Valley serving Green Valley, AZ today. 

Owning your own home is part of the American dream. When you own a home, you have a lot to worry about. One of the things that can help allay your homeownership worries is home insurance. It is the security blanket that protects your investment from all the bad things that can happen. But does home insurance cover everything? The answer is no, a basic home policy doesn’t cover everything. At the Insurance Center of Green Valley in Green Valley, AZ the experienced team can help you to understand the importance of having the right home policy for you and your home. 

Flooding is probably the most common item that homeowners may not realize is not covered under a basic home insurance policy. As many as 41 million homes in the United States are in danger of damage from flooding. While flooding is not a common occurrence in Arizona, it has happened with devastating results. 

Earthquakes are also not covered by a typical home policy. The risk in Arizona is low, there has only been one earthquake over a  magnitude 7 but it is best to know what you can expect if one should happen.

Sewer backup is not covered by most home insurance policies unless it is specifically listed. It is always a good idea to actually read your home policy to see the exclusions. 

Expensive jewelry is likely under covered. Home policies have stated limits on jewelry and they are not very high. If you have an engagement ring, it may be worth more than the limits of your policy. 

Knowledge is power. Understanding what is covered by your home insurance policy and more importantly what isn’t covered is vital for your peace of mind. Give the office of the Insurance Center of Green Valley in Green Valley, AZ a call or stop by to talk to one of their team about your home insurance policy or needs. 

Most people don’t realize there are two different types of home insurance policies to choose from. One of the types is the replacement cost of the home. This policy will adjust for inflation and the current costs of material and labor. The other type is face value insurance. This type of insurance will pay the value of the home at the time of purchase.

Which Policy Works Best?

People who want to save money on their insurance usually consider purchasing purchase value insurance, but that may prove to be conducive to losses if there is a claim in the future, especially if the claim is a total loss. The right way to make a good decision is to work with an experienced insurance agent. They can point out the benefits and help weigh the risks associated with both types of insurance. 

Getting the Answers 

Insurance shopping can be confusing and most people have tons of questions. The first step is to seek out a top insurance agency like the Insurance Center of Green Valley. They serve the residents of Green Valley, AZ and are committed to giving them the answers and information they need to make the best decision for their current and future needs. In addition, if there is a claim, they can help file paperwork to expedite the process so homeowners can make the necessary repairs. 

If you are currently in the market for home insurance protection, call or stop by the Insurance Center of Green Valley today to find out more about your options for insurance policies. Don’t take chances when it comes to covering your home with adequate insurance. 

Selecting your home insurance policy is one of the most important decisions you make when you buy your home. At Insurance Center of Green Valley, we offer home insurance policies in Green Valley, AZ.

There are a few things you need to know about purchasing home insurance before you get started. The following are three things you should know before you purchase home insurance.

You’ll need to choose between replacement cost or actual cash value.

One of the biggest distinctions in home insurance policies is the distinction between replacement cost and actual cash value policies.

A replacement cost policy will cover you to replace your home or any part of your home that becomes damaged. An actual cash value policy will simply compensate you for the current value of your home minus depreciation.

Actual cash value policies are generally less expensive than replacement cost policies. 

You’ll be able to choose from among different deductibles.

One big choice you’re going to make is how much you want your deductible to be. Remember that your policy will be less expensive if you choose higher deductibles. 

Your policy isn’t going to cover everything. 

Those who are first-time homebuyers are often surprised that a standard home insurance policy leaves out so much. Damage caused by issues like flooding or damage caused by inadequate home maintenance will not usually be covered.

While add-on coverage might be available for some of these issues, it’s basically impossible to have a home insurance policy that’s so thorough that it covers everything. 

If you have questions about home insurance options in Green Valley, AZ, let us know. We’re here to help you with your home insurance needs at Insurance Center of Green Valley. 

You likely have obtained a great insurance policy at the time of moving in to your home. But that doesn’t mean your insurance policy will not change during the time you reside at the same home. In fact, it is wise to review your insurance coverage at certain key times and then make the necessary adjustments. Here are more details on that topic, courtesy of Insurance Center of Green Valley serving the Green Valley, AZ area.

Purchasing electronics

Whenever you purchase or receive as a gift a valuable electronic item, it is wise to consider increasing your home insurance coverage. The higher the value of the electronic item, the more this make sense. Many insurance policies have separate coverage for these types of items.

Adding Jewelry

When you purchase a piece of jewelry or receive a wonderful gift like this, it is an excellent idea to consider adding more insurance coverage. Some insurance policies have separate coverage for jewelry, so check to find out how your policy is configured.

Changing circumstances

There are many types of circumstances that can lead to a change in the insurance coverage you need. For example, if the value of your home changes or you add a large amount of personal property, consider revising your home insurance coverage.

These are just a few examples of times when it could make sense for you to evaluate your home insurance coverage. Make sure to always be familiar with what your insurance policy says, and know when you should consider changing your coverage. If you need further details on home insurance or would like to look into a different policy and coverage, feel free to contact Insurance Center of Green Valley serving the Green Valley, AZ area.

You likely have obtained a great insurance policy at the time of moving in to your home. But that doesn’t mean your insurance policy will not change during the time you reside at the same home. In fact, it is wise to review your insurance coverage at certain key times and then make the necessary adjustments. Here are more details on that topic, courtesy of Insurance Center of Green Valley serving the Green Valley, AZ area.

Purchasing electronics

Whenever you purchase or receive as a gift a valuable electronic item, it is wise to consider increasing your home insurance coverage. The higher the value of the electronic item, the more this make sense. Many insurance policies have separate coverage for these types of items.

Adding Jewelry

When you purchase a piece of jewelry or receive a wonderful gift like this, it is an excellent idea to consider adding more insurance coverage. Some insurance policies have separate coverage for jewelry, so check to find out how your policy is configured.

Changing circumstances

There are many types of circumstances that can lead to a change in the insurance coverage you need. For example, if the value of your home changes or you add a large amount of personal property, consider revising your home insurance coverage.

These are just a few examples of times when it could make sense for you to evaluate your home insurance coverage. Make sure to always be familiar with what your insurance policy says, and know when you should consider changing your coverage. If you need further details on home insurance or would like to look into a different policy and coverage, feel free to contact Insurance Center of Green Valley serving the Green Valley, AZ area.

Buying your first home is an exciting adventure. Don’t let potential problems weigh down your joy. Getting your new Green Valley, AZ home insured protects your finances and ensures you always have a comfortable home for your family. What can you expect from a homeowner’s insurance policy from Insurance Center of Green Valley?

• Liability coverage. This portion of your coverage helps you pay for accidents and problems that happen to people who don’t live in your home. If your neigh or breaks their ankle on your concrete driveway or the mailman is bitten by your pet, this is the coverage you’ll need for medical and court-ordered expenses.
• Property coverage. This is the part that generally comes to mind when people think about homeowner’s insurance. Your insurance agent will provide you with a list of covered perils. If any of these problems occur, your property coverage will help pay for damages and personal losses.
• Extended coverage. Each homeowner’s insurance contract can be customized to meet the specific needs, circumstances, and preferences of the subscriber. Your agent can help you find ways to cover your expensive collectibles, non-attached buildings, and other things that may not be automatically included in your contract. Its vital to meet with an agent to ensure your coverage has everything you need.
• Your deductible is the amount of cash you have to pay towards fixing covered damage. For new homeowners, a lower deductible means less strain on your savings account. If you’re like most homeowners, that extra cash comes in handy for making your new home more comfortable.

Find out how a customized homeowner’s insurance policy on your Green Valley, AZ residential property protects your present and long term personal finances by calling the experts at Insurance Center of Green Valley.