Key Items Covered Under Home Insurance

Having home insurance in Scottsdale, AZ guarantees that you are shielded from property damage and expenses arising from liability claims no matter what happens. But that is not to say that this policy comes with unlimited coverage. Alliance Insurance Partners highlights the critical items covered under home insurance and what to expect from your policy.

Damage to Your House

When your house gets damaged due to incidences such as vandalism, fires, or other covered disasters, home insurance will take care of the costs of repairs and rebuilds. This includes any destruction that happens to the interior and exterior of your main house. In addition to this, personal items such as clothing, appliances, and furniture are also covered. However, high-priced items will fall out of this coverage feature and will require you to get a more customized policy for full protection.

Additional Living Expenses

If your house’s damage renders your premises uninhabitable, you will likely need a rental house while your home is being fixed. This comes with costs related to accommodation and restaurant meals which can slowly accrue based on your stay. Home insurance provides coverage in these situations, ensuring that all additional living expenses are taken care of.

Personal Liability

Lawsuits can happen for several reasons, with the most common being a personal injury to other parties or property destruction. When this happens, you need coverage that will take care of any impending medical costs along with expenses concerning the replacement or repair of the damaged property. Home insurance comes in handy here, protecting you and your dependants from liability claims that occur at your premises or another party’s property. Keep in mind, however, that costs arising from intentional harm are not covered.

Alliance Insurance Partners offers advice on suitable coverage options for Scottsdale, AZ residents. Give us a call today to get started on your home insurance journey.

Can You Still Obtain Long-term Care Insurance with a Pre-Existing Condition?

This blog explains your options if you have an existing condition but want to obtain long-term care (LTC) insurance. A few conditions do mean you cannot obtain it like certain kinds of cancer, but most chronic diseases like diabetes do not preclude you from long-term care insurance. 

You may need your insurance agent at Alliance Insurance Partners serving Scottsdale, AZ to help you shop around for an underwriter. As long as you can capably handle what the insurance industry terms the six “essential activities of daily living,” you can qualify for LTC insurance. The six activities you should be able to handle on your own are:

  • Transferring,
  • Toileting,
  • Eating,
  • Dressing,
  • Continence,
  • Bathing.

The reason you must be capable of all six of those items is that LTC coverage pays for assistance with those six things. An in-home care assistant works with you to accomplish the basic tasks with which you need help. 

Since many insurance companies prefer not to extend coverage for services you already require, if you have a diagnosis of certain cancers, Parkinson’s, or Alzheimer’s disease, or if you use a walker to assist in mobility, you typically will find LTC coverage out of your reach. 

Lifestyle choices combined with a chronic condition can also keep you from getting approved. The chronic condition itself typically does not cause an issue. For example, a diabetic can obtain LTC coverage. If a diabetic individual chose to overeat and smoke cigarettes though the insurance company would typically decline them for coverage. Disease management and lifestyle choices significantly contribute to an individual’s insurability. 

Call or visit Alliance Insurance Partners serving Scottsdale, AZ for more information on LTC insurance. Let us help you obtain the coverage you need.

Is It Time To Shop For New Auto Insurance?

Auto insurance is probably one of your most important expenses each month. Your auto insurance provides an important safety net for you and your family as well as for other drivers on the road. In addition to this, your auto insurance expense is one of the few expenses you will have that is actually required by law. This makes it even more important to make sure that you are always getting the best possible deal. At Alliance Insurance Partners serving Scottsdale, AZ, we are bringing you the best most up-to-date insurance information to help you make the best insurance choices. Keep reading to find out when you should shop around for new auto insurance. 

Getting Married

If you are getting married then this is a great time to shop for new auto insurance. Combining policies for you and your new spouse is an important way to simplify your monthly expenses and to save money as well. Many companies offer special discounts for married couples. 

Buying A Home

Homeowners often qualify for special auto insurance discounts or bundling opportunities. If you are purchasing your first home, consider shopping for new auto insurance too. 

Adding A Driver

When you add a new driver to your policy, it is a good time to shop around to see if other companies are offering better rates. 

Getting Older

As we age, auto insurance rates will change. Many people find that shopping around for a new policy at least once a year helps them always stay on top of the best deals available. 

If you would like to learn more about our insurance products and services, please contact us at Alliance Insurance Partners serving  Scottsdale, AZ today. We will be happy to answer your insurance questions and help you find the right policy for you. 

Why should I get disability insurance?

The Scottsdale, AZ area is a fast-growing part of the country due to the nice weather and access to a wide range of local amenities. Those that are in this area need to spend time thinking about all of their different personal insurance needs. One type of insurance coverage that you may need in this area of Arizona is disability insurance. There are a few different reasons why you should make sure that you have disability insurance coverage at all times. 

Coverage if Injured

Being injured or becoming ill and not being able to work can put a lot of financial strain on someone. Fortunately, you can mitigate this risk if you get disability insurance. When you get this coverage, it will give you financial protection if you cannot work and are disabled. This can be used to replace your income and pay for medical, therapy, and other expenses that could be incurred as a result of your disability.

Peace of Mind

You should also get this coverage as it will offer you peace of mind. The risk of being hurt and not being able to work due to a disability is something that all people need to consider. When you get the coverage that is needed to offset this risk, it can provide you with peace of mind. 

People that are shopping for disability coverage in the Scottsdale, AZ area should call the professionals with Alliance Insurance Partners. There are a lot of reasons to speak with Alliance Insurance Partners including their experience in helping people build and choose a proper insurance plan. The team here can help to explain what your options are when it comes to disability coverage and help you choose a plan that is appropriate and meets your needs. 

Best Motorcycle Insurance For You

Whether you own a Harley Davidson, dirt bike, touring bike, or just a street cycle, you can obtain motorcycle insurance coverage for your treasured machine to give you confidence as your ride in the busy streets of Scottsdale, AZ. As a local agency, Alliance Insurance Partners ensures that you as a motorcycle owner can get a policy that fits your needs. You don’t have to worry about the hefty bills or damage costs if you get involved in an accident. Common coverages you can secure for your motorcycle include Custom parts and Equipment, Uninsured/Underinsured Motorist coverage, Medical coverage, roadside assistance coverage among others.

Common Coverage Options For Your Motorcycle

  • Medical coverage: Medical coverage ensures that the cost incurred in case of an accident is covered for both you and your partner or any other person injured as a result of the accident.
  • Custom parts and equipment coverage: This is an authorized policy that ensures your motorcycle can be insured even if it has permanently fixed custom parts or equipment or any changes done other than those initially installed by the manufacturer for the purpose of the motorcycle’s physical appearance or performance.
  • Road assistance coverage: For any possible breakdown while away from a mechanic or the garage, this policy will provide you with roadside assistance.
  • Uninsured/Underinsured Motorist Coverage:  This policy covers all insured and uninsured persons who incur death, injury, or pain and suffering as a result of a motorcycle accident.
  • Liability coverage: This insurance covers individuals that sustain an injury or suffer due to an accident caused by your motorcycle. Under this, coverage included bodily injuries and property damage. 

At Alliance Insurance Partners in Scottsdale, AZ, we care about your life and the life of your motorcycle. Our insurance experts are always ready to receive your questions and assist you to choose the type of coverage that fits your needs. If you want the best insurance provider in town, visit our online portal or our agent locations in Scottsdale AZ to discuss your insurance needs today.

Why should I get umbrella insurance?

Liability risk is something that all people face on a daily basis. Since the risk of being sued for liability is a real one, it is important that you get the right insurance in place to protect yourself. When you are looking for some personal liability insurance and are in the Scottsdale, AZ area, you should consider umbrella insurance. There are several reasons that you should get an umbrella insurance policy. 

Coverage for a Diverse Set of Risks

One of the reasons that you should get umbrella insurance is that you will receive coverage for a more diverse set of risks. While you can get coverage for liability for auto or home accidents, there are many different risks that are harder to protect against. When you get umbrella insurance, you will receive coverage against a much wider set of risks. 

Additional Protection

Another reason that you should get an umbrella insurance policy is that it can give you additional protection. When you have a home or auto policy, you will receive some level of liability coverage that will give protection if you are at fault for a covered accident. However, there are still situations when the damages could exceed your policy limit. When this happens, having an umbrella insurance policy will be beneficial as it will give you the coverage that you need on top of the other policies.

When you need an umbrella insurance policy in the Scottsdale, AZ area, you should call the team at Alliance Insurance Partners. If you do call the team at the Alliance Insurance Partners you can learn more about the benefits of this type of coverage. They will also be able to assess your personal needs and situation to determine what level of umbrella coverage is right for you. 

What valuation method does your flood insurance use?

Flood insurance uses five different options for home value determination and which you choose for your policy decides how much you will get for your house in the event of a flood. This blog explains those choices and how they affect your repairs or rebuilding if a flood occurred.

Your insurance policy from Alliance Insurance Partners serving Scottsdale, AZ 

might include one of four different types of valuation for your property and home. This valuation determines the reimbursement you would get if you had to file a claim to rebuild due to loss. The common valuation models are:

  • functional replacement cost,
  • market value,
  • replacement cost,
  • actual cash value.

Policies rarely use functional replacement cost, but you can request it. You would receive the appropriate amount of money to rebuild with different, cheaper materials such as drywall instead of plaster. Your new building would resemble, but not replicate the original.

Market value also rarely gets used, but insurance companies may use it to determine the appropriate valuation method for the policy. This refers to the property estimate it would fetch at a sale. This refers to the same things as open market value, fair market value, and fair value. This could use the basis of a home appraisal.

Most policies use replacement cost as the property insurance valuation method. It comes closest to reimbursing you for what it actually costs to rebuild your home.

An actual cash value policy pays who the current value which may be much lower than you paid for the home. If the neighborhood declined while you resided it in it, the home lost value. You get the lower value.

You can purchase a warranty that insures your home for the actual cost to rebuild including any changes to local building code that would cause you to spend more money. You must request this and the premiums are higher.

Contact Alliance Insurance Partners serving Scottsdale, AZ to learn more about flood insurance and protecting your home. Let us help you keep your property safer.

Three questions to ask when you’re purchasing condo insurance

Buying condo insurance is important for condo owners so that they can protect their investment in their homes. At Alliance Insurance Partners, we offer condo insurance in Scottsdale AZ.

The following are three questions you should ask when you’re in the process of purchasing a condo insurance policy

What does my master policy cover?

If you own a condo, you should get coverage from two different policies. Your entire condominium complex should have a master policy. On top of that, you should purchase your own individual condo insurance policy.

The master policy of your unit covers the building itself. However, it probably won’t cover the interior of your own unit. To purchase the right condo insurance policy, it’s important to put research into what exactly your master policy covers.

This way, you’ll know what types of coverage you need from your individual condo insurance policy. 

Should I select a cash value or replacement value coverage?

Two main types of coverage when it comes to condo insurance are cash value and replacement value coverage.

Cash value coverage generally offers less coverage than replacement value coverage. That’s because cash value coverage factors depreciation when calculating how much a claim is worth. 

What amount of coverage should I purchase?

The amount of coverage you need generally depends on how much your condo is worth. It also depends on the value of the possessions you keep within your condo. Ideally, you will have enough coverage to equal the value of your condo itself and your possessions. 

Get started finding a condo insurance solution with our help at Alliance Insurance Partners. We offer condo insurance policies as well as numerous other types of insurance in Scottsdale, AZ. 

Access the Best Life Insurance Policies in Scottsdale, AZ

It is always good to plan ahead. It helps you concentrate on the essential building blocks for a comfortable life for you and your family. The best way to accomplish this is by protecting your family with comprehensive life insurance coverage. That way, your family will access dependable financial security, which means they can easily sort out their medical bills, rent & mortgage, and tuition fees without feeling a pinch.

Alliance Insurance Partners Life Insurance Coverage

At Alliance Insurance Partners, we are bent on serving residents of Scottsdale, AZ, and 28 more states, with the most efficient insurance policies possible to keep you and your family stress-free.

We have a wide range of life insurance policies in our catalog so our customers have the chance to select the most efficient coverage for their needs. We also provide a wealth of information on the various insurance policies by engaging with them and answering their questions.  While they are not limited to the coverage below, our various life insurance policies include:

Whole Life Insurance

In the case of whole life insurance, the insured individual does not get to enjoy all the benefits that accrue from our policy. The policy helps the beneficiaries (family or friends) access the benefits after the death of the insured. We know how difficult it can be to file an insurance claim after a loved one passes, and that is essentially why our experts are trained to help your family through the emotional process.

Term Insurance

Term insurance policies require that the insured individual accesses the benefits after an agreed time. However, if the insured is already dead by the time the agreed term lapses, the benefits are enjoyed by a beneficiary.

If you are seeking a dependable life insurance policy in Arizona or surrounding states, pay us a visit in Scottsdale, AZ, and access the most reliable policies for your family.

Understanding Commercial Insurance

Many people start their own business because they want to be their own boss and they truly believe in their product or service. This can be a thrilling endeavor. Along with that, however, comes a great deal of responsibility and in some cases even liability. In order to mitigate that liability, it is important that business owners have the proper insurance products in place. At Alliance Insurance Partners, serving Scottsdale, AZ, we take great pleasure in educating clients on these important insurance topics. Keep reading to find out more about commercial insurance. 

What Is Commercial Insurance?

Commercial insurance is a combination of different types of insurance products that are put together to address the special insurance needs of business owners. You have made a large investment of time and money into your company. In order to protect that investment, you need the right insurance products in place. 

What Does Commercial Insurance Cover?

Commercial insurance is often customized to meet the individual needs of each business. However, there are a few general areas of coverage that most business owners will benefit from. 

Property Damage- Property damage insurance for businesses is similar to that for homeowners. If your business property or equipment is damaged due to fire, natural disaster, or theft, the insurance will kick in to pay for repairs or replacement. 

Auto Coverage- Auto coverage is necessary if your business operates vehicles.

Liability- Liability coverage is essential to the long term financial health of your company. If someone is injured on your property or as a result of using your goods or services, you could be held liable for their medical expenses. If the incident results in a legal case, your company could be left financially vulnerable. 

If you would like to learn more about commercial insurance, please contact our staff today at Alliance Insurance Partners, serving Scottsdale, AZ.