Five Common Mistakes that Put You at Risk for Car Theft

Most people would say their car is one of the most valuable assets they own — if not the most valuable. However, some people make it downright easy for thieves to drive off in their pride and joy.

At INW Insurance Group, we don’t want you walking out your door to an empty driveway or leaving the mall only to find broken glass left behind in your parking space. Use caution to avoid these five common mistakes.

  1. Leaving your car running … and unattended. We know it can be hot in the Arizona sun, and nobody wants to wait in a hot car while it cools down. However, a thief certainly wouldn’t mind the heat as he’s driving away in your car while you’re finishing that cup of coffee in the morning. If your car is running, you should be in it. Period. Even if you’re just running over to the ATM to get some cash or dropping off the mail.
  2. Keeping a spare set of keys inside the car. Law enforcement agencies say this is a great way to turn a car prowler into a car thief. They’re already breaking into your car to get a phone or laptop, so what do you think they’re going to do when they find a set of keys? They’re not going to drop them off on your porch with a nice note, that’s for sure.
  3. Placing valuables in plain sight. It may seem simple, but we’ve all made this mistake. You’ll just be in the store for a second, so who cares if you leave your cell phone on the front seat? Or items from your other errands in the back seat? Be smart — if you have to leave items in your car, put them in the trunk or hide them as best you can. And do it before you get to your next destination.
  4. Leaving your car unsecured. The best thieves can work wonders with a window that’s left open even just a crack. And even the worst thieves can steal a car that’s been left unlocked, with no alarm set.
  5. Assuming nobody would want to steal your car. Think your car is too old or too undesirable for a thief to bother? Scrap metal is worth money, so never assume that your car is safe — even if you think it’s just a “junker”.

Keeping thieves away helps to keep everyone’s insurance costs down, so avoiding these five common mistakes helps save you money and stress. Stay safe, not only on the roads, but in the parking lots as well!

Contact Us!

At INW Insurance Group we can work with you to make sure you’ve got the coverage you need while simultaneously using all possible credits and discounts to make that coverage affordable. Give us a call us at 480-626-0797 or send us an email at info@inwinsurance.com. We want to help you meet your goals, and make sure what’s important to you is protected!

Flood Insurance Limitations

When the National Flood Insurance Program was crafted, it was intended to provide consumers a means by recovering enough to get back on their feet. This distinction was on purpose, to provide the means by which a community could be restored enough to be functional again. That is a very different level of recovery than being restored to a status quo as if nothing had happened at all. Many folks in Mesa, AZ and elsewhere frequently assume flood insurance will restore everything lost and damaged in a flood. This is incorrect. Flood insurance is offered by providers with financial backing by the federal government through NFIP. In doing so, the program puts limitations on the amount of coverage possible for a typical detached home, which in turn allows the program to provide coverage for more consumers in total. That then likely means a typical family home will see structural repair mostly covered in a basic sense, and some personal property replaced financially. However, homeowners affected by a covered flood will still have some losses at the end of the day.

Homeowners do have a choice in the levels of NFIP coverage that can apply on their home. That in turn will affect how much recovery is funded by NFIP versus being an out-of-pocket loss. The folks at the INW Insurance Group can go through the details with a Mesa, AZ homeowner and explain how the NFIP policies available actually would apply for a given home. Call INW Insurance Group today and make sure your home is properly protected. Don’t find out the hard way what kind of recovery you missed out on.

Umbrella Insurance: Protection For Your Assets

Protecting your family and livelihood is a top priority for most people, which is why it is so important to have quality insurance. But in the event of a devastating tragedy or lawsuit, do you know if you will be covered? While your current insurance policy may cover some damages or legal fees, an umbrella insurance plan goes further. An umbrella policy is an additional level of protection on top of your existing insurance policies, and it is designed to protect you and your assets from harmful liability claims or judgments exceeding the coverage of those other policies.

Umbrella insurance protects you from a wide range of perils in just about every area of your life. It adds even more security than the liability protection found in your personal auto, homeowner, and boat insurance policies. From being legally deemed responsible for physical injury to another person or property to being sued for libel or slander, umbrella insurance is there for you when you need it most. Of course, an umbrella policy is an added layer of coverage, not a replacement for basic home and auto insurance.

For the protection that umbrella insurance policies provide, they are relatively inexpensive. A typical policy ranges from $200-300 annually, usually starting at $1M coverage. Many people often have assets through home equity. However, this can be at risk in the event of a large lawsuit, which is starting to become a trend in the United States as they become more and more common. In Arizona, the only assets that are protected from creditors and judgements without a trust are $125,000 equity if a person has owned their home for less than five years, and $150,000 equity if a person has owned their home for more than five years.

An umbrella policy also protects you regardless of location. If your dog bites somebody in the park, or you accidently injure someone while driving overseas, umbrella insurance has you covered. There have been cases involving Arizona natives driving their own vehicles while vacationing in Rocky Point, Mexico, and the lawsuits were brought back to the United States. In these types of scenarios, not having an umbrella insurance policy could put your finances and assets at risk.

INW Insurance Group, located in Mesa, AZ, offers a wide variety of umbrella insurance coverage options to protect you and your assets. Give us a call at 480-626-0797 to discuss how you can ensure extra protection, financial security, and peace of mind for you and your family today.