Electrical Fires and Home Insurance: What You Need to Know

Posted on July 30, 2021August 8, 2021 by admin

Fire is a severe problem that impacts many hot-weather areas, particularly in cities like Mesa, AZ. If you’re worried about this issue and aren’t sure if your homeowner’s insurance will help, we at Precision Insurance Team can help you understand your options to minimize your financial loss.

Understanding Electrical Fires and Your Home Insurance

Electrical fires can occur at just about any time in a home and can be devastating if they’re allowed to spread uncontrolled. There are many causes for this problem, including poor wiring, complications with various appliances, and other concerns that may be unexpected.

It is reported that around 46,000 home fires occur every year in homes, with approximately 13% of them being electrical. Thankfully, home insurance policies will help to cover this type of damage in a relatively broad and comprehensive manner. Most home insurance policies cover fires better than floods and other damage.

Thankfully, you can also expand your coverage to include other elements that your home insurance policy may not pay to replace. For instance, you may be able to find liability coverage if anybody is injured in your home due to the fire and needs medical treatment to recover.

The type of protection that they offer includes things like replacing damaged structural elements, providing you with new appliances, and even replacing your home entirely if it burns down. Some policies even help pay for temporary abode payments if you need to move into a hotel or apartment.

Finding a Policy That Works for You

As you can see, high-quality home insurance policies can provide long-term protection from fire-related problems. So please contact us at Precision Insurance Team if your Mesa, AZ home needs a better approach that will provide the long-term coverage benefits that work for their needs.

Tips for Selecting Renters Insurance

Posted on June 14, 2021June 14, 2021 by admin

Numerous renters within Mesa, AZ have realized that protecting their belongings means getting renters insurance instead of relying on their landlord’s policy. Due to this, you will be required to understand various attributes of renters insurance, from what it covers to the terms that each requires. Before settling for your cover, Precision Insurance Team details some tips to use when getting a renters policy.

Understand the Different Insurance Policies

Renters insurance comprises various policies, with some being content coverage and additional living expenses coverage. While the first option ensures that your personal belongings are protected when covered perils arise, the latter provides compensation when your home is deemed uninhabitable. With these differences in mind, make it a point to understand what each entails before signing up for any policy.

Be on the Lookout for Exclusions

Renters insurance will often have exclusions, meaning various types of emergencies will not be covered. If, for instance, you experience damage from flooding or earthquakes, you will likely need separate cover for these events. In addition to this, various personal possessions may also not be covered, with an example of this being expensive items like art and jewelry. To avoid any inconveniences, ask for the different exclusions that your renter’s policy comes with.

Ask For Discounts Where Possible

Discounts may be the last thing on your mind when getting renters insurance but they will come in handy when you need to get various policies at a go. Depending on your preferred choices, you can bundle your renter’s policy with other covers such as auto insurance. In addition to this, numerous policies may also come with discounts due to additional home security measures. Be on the lookout for such offers to ensure you get suitable coverage for the long term.

If you need renters insurance within Mesa, AZ, call Precision Insurance Team today. Our agents will guide you through different policies for your renting needs.

Is basic auto insurance in Arizona enough coverage?

Posted on May 24, 2021May 23, 2021 by admin

Arizona is the 11th safest state in the United States to be a driver. Arizona is one of the fastest-growing states, and more drivers mean more collisions. Having a good auto insurance policy can take the sting out of having an accident. At Precision Insurance Team in Mesa, AZ, we strive to help our clients improve their coverage while lowering their liability risk. We are locally operated, which helps us to know our clients better.

In Arizona, basic auto insurance means liability coverage of 25/50/15. You must have coverage of $25,000 per person for injuries from an accident, with a total for the entire accident of $50,000. $15,000 is required for property damage. In Arizona, this extends as far as golf carts, mopeds, and motorcycles. If you don’t keep up your insurance, your motor vehicle registration and license could be suspended. If you have limited assets, this coverage might be adequate to protect you, but if you own a home or have savings, they could be in danger if you have basic auto insurance.

The state says that you have to have insurance to protect other drivers from you, but what about your vehicle? If you have an accident where you are at fault, chances are your vehicle will be damaged as well. Most people count on their vehicles to do everyday activities like going to work, shopping, and running errands. Repairing your vehicle after an accident will fall to you if you have no collision insurance. That could be thousands of dollars.

What if your car is stolen or vandalized? Basic insurance won’t help. For that, you need to have comprehensive coverage. Basic insurance would leave you high and dry.

If you have questions about auto coverage in Arizona, contact Precision Insurance Team in Mesa, AZ.

Why You Need to Take Out Home Insurance in Arizona

Posted on April 28, 2021April 28, 2021 by admin

As a proud homeowner, it is important to make sure that your cherished asset is protected, and one way you can do this is by acquiring home insurance. That’s where the Precision Insurance Team comes in. For homeowners in Mesa, AZ, we have coverage that will enable you to live your best life, stress-free despite everything, and secure in the knowledge that we have you covered.

Why You Need Home Insurance

It is important to be prepared for the worst despite praying for the best, and since an individual can only do so much to keep their property safe, home insurance is a necessity. The following are some scenarios that show you why you need to take out a policy for your home:

If a guest is accidentally injured at your house, guest medical protection under your home insurance pays for their treatment.
If thieves break in and make away with your valuables, the personal property coverage helps to pay for the loss in part or whole.
If a shed, fence, or other property detached from your home is damaged in a situation covered by your home insurance, the other structure’s coverage caters to the replacement cost.
In case of an incident like a fire or other damage that comes to your home, making you unable to live in it, additional living expenses coverage makes sure to cover temporary living costs such as hotel accommodation expenses.
If someone visiting you encounters accidental injury, or their property is damaged in your house, the personal liability coverage pays for the related repair and medical costs, as well as any legal fees.
Finally, if your home itself is damaged by something covered, like hail, the dwelling coverage will help you cover the repair costs.

Get Good Home Insurance

For the sake of your peace of mind and the financial implications, it is important to get home insurance, and when you visit the Precision Insurance Team’s website, you will see plenty of other resources. Homeowners around Mesa, AZ are welcome to see what we can offer, and we will help you get robust coverage for your home. Try our online rating tool for a quote.

Renters Insurance FAQs

Posted on March 31, 2021March 31, 2021 by admin

Mesa, AZ is a Phoenix suburb and has been named one of the top places to live. It is 5% less expensive than the average city in the U.S. About 40% of residents rent the dwelling they live in. You may wonder why you should have renters insurance if you don’t own the building you live in. At Precision Insurance Team in Mesa, AZ, our experienced team provides world-class service and many carriers to choose from.

Does my landlord have insurance on my unit?

Yes, your landlord is likely to have insurance on your unit, but not on you or your possessions. That leaves you out in the cold if there is a fire, theft, or other covered peril affecting your unit.

Does rental insurance protect my computer if it’s in my car?

Yes, your renter’s insurance does cover your possessions even if you are traveling with them away from home. But it won’t cover any damage done to your vehicle to gain entry. Never leave valuables visible to thieves in your vehicle.

What protection does renters insurance provide?

Renters insurance offers several valuable protections:

Personal property – you have two options with this coverage, replacement cost or actual value. It will provide reimbursement for items you lose, like clothes, furniture, and electronics. Some categories have a cap on the amount paid to you.
Liability coverage – protects you and your family member against legal action and medical bills if someone is injured while visiting your rental. It also protects against injury from a family member away from home.
Loss of use – helps pay for a place to stay when your unit is not habitable.

Why do I need liability insurance as a renter?

If you have any assets, you are in danger of being sued and forced to pay medical bills and legal expenses.

Contact Precision Insurance Team in Mesa, AZ with all your renter’s insurance needs.

What comes with a Mesa auto insurance policy?

Posted on February 27, 2021February 27, 2021 by admin

The Mesa, AZ area is a popular place to visit and live. Those who would like to live here should make sure that they can get around town. A great way to do this is by getting auto insurance. If you do purchase an auto insurance plan, it will include several forms of insurance coverage.

Coverage to Protect Vehicle

One type of insurance you will get when you invest in an auto insurance plan in Arizona is coverage for your vehicle. If you buy a car, you will want it to last as long as possible. The best way that you can ensure this happens is by getting a full insurance plan. If you get a plan will collision and comprehensive coverage, it will protect virtually any scenario resulting in a loss.

Coverage to Mitigate Liability Risk

People that want to drive a car should know that there will always be a risk that they could be found at fault in an accident. If this does happen, you will be responsible for all correlated damages. A great way to offset this risk is by getting an auto insurance plan that will include liability coverage. This will ensure you are protected if there is damage in an accident, and you are responsible for covering it.

Choosing an auto insurance plan in the Mesa, AZ area is a big decision. If you are going to invest in a new policy here, you should call the Precision Insurance Team. Anyone that speaks with the Precision Insurance Team will find that their expert guidance can help you pick a great policy. This will ensure you remain properly covered with protection that is ideal for both you and your vehicle.

How to choose the right home insurance

Posted on January 22, 2021January 22, 2021 by admin

Choosing your home insurance is one of the most important decisions homeowners make. Unfortunately, many people decide based on their wallet, and while the price is always a consideration, having an insurance carrier who is responsive when you need them is also important. The Precision Insurance Team in Mesa, AZ is an independent agency that offers its clients the help and advice they need to make educated choices when it comes to home insurance.

Get multiple quotes

The Insurance Information Institute recommends that you get at least three quotes before deciding on your home insurance. It isn’t all about the cost. However, it would be best to compare the figures on the declaration page to compare apples and oranges.

Check the coverage

Home insurance policies offer various types of coverage, and the amount of each coverage affects the policy’s cost. You don’t want excessive coverage, but you also require adequate coverage. You need enough property coverage to rebuild your home if it is destroyed and enough liability coverage to protect your assets. You may even want to think about an umbrella policy.

Deductibles and limits

Home policies have a deductible when you file a claim. Common ones are between $500 and $1000 but could be more. You must decide which one makes the most sense to you and if the savings from choosing the higher amount are worthwhile. Certain items will have limits on coverage, such as jewelry. Consider adding a rider to supplement any limit that is not adequate.

In Mesa, AZ, the Precision Insurance Team is here for you to share our experience with home insurance. Making the right choice is important, and we will happily help you find the right home insurance. We can do that in our office or on the phone. Let us give you a no-obligation quote.

Why should I have renters insurance in Arizona

Posted on December 8, 2020December 8, 2020 by admin

Mesa, AZ is located west of Phoenix. It is the second-largest city in the Phenix metro area and the third-largest in the state. It has a history that goes back more than 2000 years. Rental prices are among the lowest in the valley, making it an attractive option for those wanting an affordable home or apartment. Many renters wonder why they need renters insurance in Mesa, AZ. Doesn’t the landlord or management company have insurance? For answers to questions about renters insurance, the Precision Insurance Team is the one to talk to.

You may wonder why you should have renters insurance since you don’t own the building. That is true, of course, and it is up to the landlord to protect their building, but you can benefit from the other types of coverage that a renters policy offers.

Your rental contents belong to you, and your landlord’s insurance will not replace it. If you don’t have renters insurance, you will lose everything and replace it yourself out of your savings. Consider all the things you own, your furniture. Kitchen contents, clothes, and electronics. It is thousands of dollars of possessions.

Liability

If someone is visiting you at your rental and is injured, they rightfully will expect you to pay for the medical cost associated with that injury. They may even sue you, and without insurance, this can be devastating.

Loss of use

If your rental is damaged and you can’t live in it for a time, how will you pay for your accommodation? Renters insurance can help with that as well. It makes a bad situation less stressful.

In Mesa, AZ, Precision Insurance Team is ready and available to speak to you about renters insurance benefits. Give us a call or stop into our office and let us give you a free quote for this valuable protection.

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