Why do I need condo insurance in Mesa, AZ

Mesa, AZ has a lot going for it. Located in the Valley of the Sun it is about 20 miles east of Phoenix. Owning a condo in this area is popular with year-round residents and snowbirds. Condo insurance is similar in some ways to home insurance but it has some unique components. INW Insurance Solutions is an independent agency that offers over 20 carriers from which to choose. We make buying insurance as easy and carefree as possible for our customers who we consider our friends. 

Your condo association has a master policy that covers some parts of your condo. It also covers the shared areas like halls, elevators, pools, and walkways. How far into your condo it goes depends on the master policy. Familiarize yourself with it before you purchase your insurance to make sure you have the right coverage. The roof and exterior of the building are covered by the master policy. What you need to know is does it come into your condo at all or does it stop at the walls. 

One reason you need condo insurance in Mesa, AZ and any other place is that you have a mortgage. Lenders require you carry condo insurance so their investment is protected. Property insurance will also protect your investment if a covered hazard damages your property. Condo insurance helps pay for a place to stay while your home is being repaired. 

Personal property is all your possession. Imagine not being able to replace your clothes, furniture, electronics, and the things you have accumulated over the years. Condo insurance also provides liability insurance in the event someone is injured while visiting you or by a member of your family even a pet. Being sued is not something you should face without insurance. 

To find out more about condo insurance in Mesa, AZ contact INW Insurance Solutions.

Get More Liability Coverage With Umbrella Insurance

Umbrella Coverage

We all need several types of insurance to be covered for the worst happening. However, simply having a home or auto insurance policy doesn’t mean that you have enough liability coverage. If you settled for the minimum insurance coverage that was required, chances are that you have little liability coverage. An umbrella insurance policy is a way to boost the amount of liability coverage you have for both home and auto insurance. If you’re interested in an umbrella policy, call us at INW Insurance Solutions in Mesa, AZ.

Liability Insurance

Your home and auto policies will each have some liability included in the, but consider how much you could owe if the worst should happen. In the case of accidents, lawsuits can be extremely costly. If you are found at fault for them, you could be out large sums due to medical bills alone. That’s where umbrella coverage comes in. It gives you extra liability protection for both your home and auto insurance policies. After those policies have paid out to their maximum, an umbrella policy then pays the rest, up to its maximum. This greatly increases the amount of liability protection you have. 

Why Get an Umbrella Policy?

Umbrella policies are inexpensive. They offer large coverage amounts for relatively little. If you were to increase the liability coverage you have in your home and auto policies, it could cost much more to do so than to get an umbrella policy. 

Get an Umbrella Policy

If you want greatly expanded liability coverage, call us at INW Insurance Solutions in Mesa, AZ for a talk with an insurance agent. You could be getting more coverage for your money and have the peace of mind it brings. 

Variables That Arizona Residents Should Think About While Researching RV Insurance

INW Insurance Solutions serves the Mesa, AZ community by offering residents multiple types of insurance policies. We are committed to helping our clients find coverage that suits their individual needs. As an independent insurance agency, we have established successful partnerships with several carriers throughout the Pacific Northwest.

RV Insurance Variables

Traveling around Mesa, AZ in an RV gives you the opportunity to enjoy different settings while still experiencing the comfort of home. RV insurance allows you to protect your vehicle while you are traveling around. RV insurance protects you if you are involved in a collision and your vehicle suffers damages. You’ll also be covered if your vehicle is vandalized or if your personal items inside of the RV are stolen. Here are some variables to consider while researching different policies.

The Type Of RV That You Have

Your policy may vary depending on the type of vehicle that you have. If you have a smaller RV, you may need a different type of coverage compared to if you have a larger RV. You will also have to consider whether you use the RV on a regular basis or if you only use it occasionally.

Getting Your RV Appraised

Having your RV appraised is a good idea to help determine its true value. This is important if you plan to renovate your RV in the future. You can amend your policy to cover any special accessories on your RV.

Storing Coverage

If you plan to store your RV during the winter or whenever you do not plan to use it, the policy will cover you. Accidents can happen at any time and you will have peace of mind in knowing that your RV will be covered if it is accidentally vandalized.

Consult With INW Insurance Solutions

For more information on RV insurance, visit our website today!  

Do I need boat insurance in Mesa?

The Mesa, AZ area is a great place to live in or visit any time of the year. This area is well known for the long hot summers. If you are looking for a way to escape the heat, a great option would be to purchase a boat. When you are going to get a boat here, you need to consider your insurance needs which could include getting a full boat insurance policy. There are several reasons why you may need this coverage.

You Have a Boat Loan

One reason to get insurance is if you have a boat loan. Taking out a boat loan is a good option for many people as it will help to make the boat more affordable. If you have taken out a loan, it is important that you get the right coverage. The loan agreement will stipulate the type and level of insurance coverage that you need to have.

Local Requirement

Having boat insurance could also be a local requirement. Depending on where you want to use your boat in Mesa, you may be required to carry a full boat insurance policy. This insurance will give you liability protection in the event you cause an accident. Due to the benefits, many local waterways and marinas require owners to carry insurance.

Anyone that owns a boat in the Mesa, AZ area should seriously consider their boat insurance needs. To ensure that you pick the right policy to meet your needs, you should speak with the team at INW Insurance Solutions. When you do call INW Insurance Solutions, you can better understand how boat insurance can protect you. They can then help you to build a personalized policy that offers you the right coverage for you and your watercraft.

Multiple Uses of Renter’s Insurance

Renter’s insurance covers far more than the contents of an apartment. This type of insurance also covers personal property storage units, boat or RV storage, garage spaces, private mailboxes, and other types of storage or rented units. INW Insurance Solutions of Mesa, AZ can help you obtain a policy that covers your belongings regardless of what type of structure you rent.

You probably think of renters insurance as something you need to get as soon as you rent your first apartment. You need it far before that though. As soon as you move from your parent’s home, you need to insure your belongings.

You might move into a student dorm, also called a residence hall if you attend college or vocational school. At college, you might also live in a sorority or fraternity house. In each of those situations, you need a renter’s insurance policy. The building insurance for each domicile protects your living space, but not your belongings.

If you need to store things during the summer or over the long-term, you will likely rent a storage unit. This requires the same type of insurance policy. While the storage unit would have insurance on its building, you would need to separate renter’s insurance for the personal items.

While you might get about 10 percent coverage of the value of your apartment policy for your storage unit, that typically amounts to about $1,000. That probably will not cover all of the belongings you have in storage.

Some self-storage facilities bundle insurance with the cost of their rental, but most independent companies require you to purchase your own. Similar to a home insurance policy, this type of policy covers major perils including fire, hail, short-circuit damage, smoke damage, theft, vandalism, and windstorms. Just like home insurance, renter’s insurance does not cover flood and in some areas, it does not cover earthquakes.

Top 4 Motorcycle Safety Tips

Motorcycles can be both fun and dangerous. Be prepared before you go out for rides with safety precautions for you and any other riders on your bike. Part of this is having the right insurance for your motorcycle. An agent from INW Insurance Group of the Mesa, AZ area can assist you with getting your motorcycle insurance set up.
 
Have the Right Gear

 You will need to make sure that you wear the gear that will protect you the most. This includes a helmet that is designed for riding motorcycles as well as leather (or comparable) jacket that has the proper fit. It shouldn’t have any parts that are dangling off as these can get caught especially if you get into an accident. This should be the same for your gloves and boots which should have a good grip and not contain any loose, dangling parts. Kevlar and denim combination pants are ideal since they aren’t as hot as leather but still offer you protection. 

Education
 
You will need some training before you get a motorcycle. In fact, many states require that you have a specific license to operate this type of vehicle. You might take professional one-on-one lessons are go to a track school after you have some of the basics down.
 
Know Where to Look
 
Keep in mind that you should be looking straight ahead to the horizon while operating your bike. This way, you will be able to look out for obstacles at all times. Don’t keep your eyes trained on one or two objects.
 
Look Out for Escape Paths
 
When riding a motorcycle there can be many obstacles and you’ll need to know how to get away from them quickly. Avoid debris as much as possible and look out for guardrails that may be in the way of your escape path.
 
Be smart about your riding and get the insurance that is suited to your needs. Reach out to INW Insurance Group, serving the greater Mesa, AZ area. We’re here to make it a smooth process and give you the information you need to make a good decision.

Why do I need home insurance in Arizona?

When you live in the Mesa, AZ area, there are many different housing options that you have to choose from. One great option to consider would be to purchase a home. If you are going to purchase a home in this area, it is very important that get the proper insurance in place. There are several reasons why you need to have home insurance when you are in Arizona.

Required for Most Owners

One of the reasons why you should get a home insurance policy is that it is often required for a property owner. If you have taken out a mortgage or live in a home association, there are likely several home insurance requirements that you need to abide by. If you have a lender, there is a good chance that you will have to pay for this insurance on a monthly basis. Many associations also require you to provide evidence of coverage on an annual basis. 

Provides Valuable Coverage

Another reason to get a home insurance policy is that it can provide you with very valuable coverage. If you have a home insurance policy, you are going to receive both property and liability insurance coverage. The property policy will protect both your dwelling and personal assets. The liability coverage will give you protection if an accident occurs in your home and you are sued for liability.

Ultimately, when you are in the Mesa, AZ area, you should ensure that you get a quality home insurance policy. If you are searching for insurance, one company that can provide you with very valuable coverage is INW Insurance Group. If you do call the INW Insurance Group, they will help you to assess your situation to make sure that you get into the best policy possible. 

5 Mistakes to Avoid When Buying Auto Insurance

If you’re a new driver, you may find shopping for auto insurance challenging. There are numerous factors to consider when selecting auto coverage. At INW Insurance Group, we’ll guide you through the auto insurance process to help you make wise coverage options. If you’re in the market for auto insurance, here are some mistakes you’ll want to avoid when selecting a policy.

Not Shopping for a Good Deal

Auto insurance varies in coverage, quality, and cost. If you fail to shop around, chances are you’ll fail to get the best deal for your money. Shopping online makes it easier to compare what diverse insurers have to offer. You can also check reviews to see how agencies fair in the services they offer.

Getting Too Little Coverage

Although the price is important, you can’t gauge your insurance coverage solely on low costs. Cheap auto insurance could compromise your protection against accidents. When purchasing an auto policy in Mesa, AZ, make sure you have adequate coverage to protect you and others against any eventuality.

Not Meeting State Requirements

Like most states, Arizona requires that you have minimum liability insurance coverage. Liability protects the interests of others in accidents you cause. At INW Insurance Group, we’ll ensure you meet this legal requirement when purchasing your policy.

Not Customizing Your Policy in Mesa, AZ

Auto insurance policies aren’t one size fits all. Your coverage can and should be customized to suit your lifestyle and budget. Customizing your coverage ensures you receive the essential protection you need at an affordable cost.   

Choosing the Wrong Agency 

For quality auto coverage at reasonable costs, it’s important to work with a reputable insurer you trust. At INW Insurance Group, we have your best interests at heart. Call or visit us today for all your auto insurance needs.

How Condo Insurance Differs From Renters Insurance

Functionally speaking, condo insurance and renters insurance are basically the same thing. The difference is in what they cover. Condo insurance covers your condo, renters insurance covers an apartment or a rented room or other dwellings. Simple as that.

In both instances, all you’re really covering is what’s inside the domicile, your possessions. Your landlord or condo association covers the building itself, and everything on the outside of the building. Most condo associations will have you buy insurance on the building itself through them, or your insurance will be covered by your membership payments, while your condo insurance is usually up to you to shop around for.

There are really no fundamental differences between condo insurance and renters insurance, however, you are far more likely to be required to buy condo insurance than renters insurance. Most landlords will not require you to buy any sort of insurance. Their policy covers the building, and beyond that, you’re on your own. However, many condo associations will require that you carry some form of condo insurance.

Like home insurance, it’s not something that is legally mandated. If you don’t have a condo association or landlord telling you to buy condo insurance or renters insurance, then it is completely at your discretion. But, it is a wise investment.

If you are currently shopping around for insurance for your Mesa, AZ condo, get in touch with INW Insurance Group to see what they can do for you. Remember, the insurance that you hold through your Mesa, AZ condo association only covers the building and property itself. If you want to protect your possessions, call or message INW Insurance Group and get covered.

Does umbrella insurance cover my business assets?

A lot of people in Mesa, AZ still don’t understand how they can use umbrella insurance to solve the various financial crises. Umbrella insurance offers an extra layer of financial protection and supplements your basic liability policies like home insurance and auto insurance. INW Insurance Group can help you know more about umbrella insurance.

How does umbrella insurance work?

Whether it is that lawsuit, that accident that you caused, or that business that was damaged and needs a financial boost; umbrella insurance is all the backup you need to get everything running smoothly. However, it is worth noting that umbrella insurance is not a primary policy and that it can only be applied in certain situations where your primary policy is inadequate. Here are a few scenarios where umbrella insurance can come in:

  • If you are found guilty in a lawsuit defamation
  • If your swimming pool floods and the water floods into your neighbor’s home, causing damages.
  • When your pet bites another person
  • When your child causes damage or injuries to another child
  • If someone falls and gets hurt when walking on your property
  • If you are involved in an accident where you are partially at fault

How can it cover my business assets?

Think of umbrella insurance as your financial backup. When a claim exceeds the primary policy’s limit, umbrella insurance can come in to fix the rest. When it comes to business, umbrella insurance may and may not be applied based on the situation. For example, if your property is damaged or your employees are injured due to one or several malpractices, umbrella insurance may not offer protection. The good news is that your business liability policies can take care of that.

Do you need umbrella insurance?

We all need an additional layer of protection in this litigious society. If you are looking to buy umbrella insurance, INW Insurance Group can help you find a policy that matches your needs. Feel free to pay us a visit in Mesa, AZ today!