A guide to filing a home insurance claim

Home insurance is one of those policies you buy, hoping never to use. Many homeowners in Mesa, AZ purchase home insurance to protect their homes from various natural disasters and accidents such as fires. Unfortunately, many of them don’t know how to file a home insurance claim, or their claim ends up rejected.

INW Insurance Solutions found that many policyholders don’t study their policies and will assume that every damage is covered. Others simply don’t know what to do when such incidents happen. If you are one of those, who don’t know how to file a home insurance claim. Here is a simple step-by-step guide to help you understand the process.

Notify your insurance company

If it’s a typical accident like a fire, inform your insurance company immediately. You can inquire about the coverage limits, deductibles, and what documents will be required so that you can prepare. If the damage is related to a crime such as theft, notify the police first.

Submit your claim documents

Next, you will need to fill some forms with your personal details sent to you by your insurance company. Fill the forms and return them as soon as possible.

Document the damage

If it’s safe, walk around and salvage the situation. Check what is damaged and record with a camera if possible. Make a list of the damaged areas and items.

Meet with the adjuster

Depending on the extent of the damage, an insurance adjuster will be sent to assess the damage in person. They will check the damage and report back to the company.

Make small repairs

After the meeting, make minor repairs to prevent further damage and keep receipts as proof. If you’re staying in a hotel, track your expenses by keeping receipts of everything you buy or use until your home is ready.

Remember to read your policy and understand what is covered to avoid filing claims for uncovered perils. If you need more help learning how to file a home insurance claim in Mesa, AZ, please reach out to INW Insurance Solutions, and we will be happy to help.

What Is Umbrella Insurance?

Having liability coverage today is more important than ever. With the litigious nature of today’s society, it’s important to have enough liability coverage for serious events that can happen. If you need more liability coverage, call us at INW Insurance Solutions in Mesa, AZ to talk with an agent.

Liability Coverage

If you own a home and a vehicle, you likely have insurance on both. The auto insurance and home insurance policies that you have will both have some coverage for liability protection. This will pay out if an accident is judged to be your fault and the other party has been injured and/or had their property damaged. However, even though you have this coverage, chances are that you have very little of it. Home and auto insurance policies often have a small amount of this coverage, and it can be highly expensive to add more to the policy.

Umbrella Insurance

Getting umbrella insurance solves all of these problems. It gives you a higher level of liability coverage without the high cost that comes from adding more coverage onto your home and auto policies. Instead, it is a separate insurance policy that adds liability to both. After there has been an accident, your home or auto coverage, depending on where the accident happened, will pay up to its maximum coverage amount. After this, many people end up paying the rest out of pocket. But with umbrella insurance, you don’t have to. It kicks in after your other policy has maxed out, and it has its own, higher, maximum payout amount. This saves your future finances from having to come up with payments for medical and property bills that result from an accident. 

Get Your Umbrella Coverage

If you need more liability coverage, call us at INW Insurance Solutions in Mesa, AZ to talk about your liability insurance needs. 

What Exactly is Condo Insurance?

If you’re living in Mesa, AZ, and would like to know what condo insurance is, INW insurance solutions has you covered.

Condo insurance is basically a cover you would take out to help protect yourself from losses to your condominium that includes water and fire damage, theft, vandalism, and others like this.

The biggest difference between condo insurance and homeowner’s insurance is that the homeowner needs to take a policy out for their entire property while a condo owner can take out a cover for their individual unit.

Standard and Master Condo Insurance

On the condo insurance level, there are two main coverages you can pick: standard condo insurance and master condo insurance.

Master insurance is often taken by the owners jointly to keep the outside surroundings of the units secure. This is necessary because standard condo insurance will only cover the outer walls of the unit it has been taken for and what is inside.

The compound, parking areas, and grounds will be covered by the master insurance.

What Standard Condo Insurance Covers

Standard condo insurance is also called an HO6 policy and usually covers these five areas:

  • Personal property is your personal items- the things you own inside your unit.
  • The dwelling is the unit itself so anything from improvements and repairs to additions and alterations.
  • Personal liability for when accidental harm is caused to others while on your property.
  • Medical payments to others to cover issues that may arise at your place.
  • Loss of use covers additional living expenses in the event your condo becomes uninhabitable.

If you’re purchasing a condo or refreshing your cover and need some help getting robust coverage, INW insurance solutions can be the guide you need to navigate the dense insurance jungle and deliver what you need.

Is It Worth To Invest in Umbrella Insurance?

Umbrella insurance refers to a policy that protects your assets when your homeowner’s or car insurance can no longer provide coverage. Such a scenario may seem unlikely, considering your most valued possessions are already taken care of. But despite this, a significant incident may arise, resulting in substantial expenses. INW Insurance Solutions explains why getting umbrella insurance is worth it.

Benefits of Getting Umbrella Insurance

One of the benefits of getting umbrella insurance is that it protects your assets from liability when your standard policy is exhausted. Numerous lawsuits often award compensation exceeding insurance covers, resulting in the impounding of assets to offset damages. Umbrella insurance safeguards you against this, providing coverage when needed.

Apart from protecting you from any financial setbacks, umbrella insurance also protects all members of your household from liability. This is, however, possible where they are included in your policy.

What Does Umbrella Insurance Cover?

Damage to Property

Damage to other people’s property is often covered under options such as auto and home insurance. If, however, you get into an accident within the Mesa, AZ area and damages exceed your limit cover, umbrella insurance will come in handy in covering the extra costs.

Lawsuits

If one of your guests gets injured in your residence, they can sue you for damages for medical bills or pain and suffering. If either of these exceeds your homeowner’s insurance, umbrella insurance helps you pay for all hospital bills and legal fees arising from your case.

Lawsuits can also arise where defamation claims result from slander or libel. Along with this, legal claims inclusive of fender bender faults and landlord liability follow suit, all of which are covered under umbrella insurance cover.

When Should You Consider Umbrella Insurance?

If you check any of the following boxes, you may occasionally face a liability claim or injury when someone pays a visit to your residence. Investing in umbrella insurance should be your next step.

  • If you own rental properties in Mesa, AZ
  • If you own a vehicle or a boat
  • If you are a public figure
  • If you own pets
  • If you own a pool or equipment such as trampolines
  • If you frequently host parties

No matter how big or small your assets, umbrella insurance is worth it. Let INW Insurance Solutions help you protect your assets against any unforeseen emergencies.

Updating Your RV Policy

You probably do your best to protect your recreational vehicle parked in Mesa, AZ. You carry insurance on it and provide it regular maintenance. Did you know that if you update your RV, you also need to update your insurance policy?

INW Insurance Solutions can consult with you on a policy update whenever needed. Read on to learn what actions create the need for an RV insurance policy update. Some of them might surprise you.

Interior Changes that Increase RV Value

When you renovate your RV with new flooring, counters, furniture, etc., your RV insurance requires a review for potential updates. You might only change out one item, like the dining table, but your new furniture could have cost significantly more than the original. It is not just about paneling. If you upgrade the appliances or plumbing, you also need a review.

You did more than give your RV’s interior a new look. You increased its value. Your insurance covers the original value though.

Exterior and Mechanical Changes that Increase RV Value

Other updates that require a policy review include updating the RV’s mechanical, especially its engine or its exterior. Adding a spoiler or luggage racks or bike racks, or other customizations can increase its value, whether your use OEM or aftermarket parts. 

Contact INW Insurance Solutions serving Mesa, AZ for more information on what changes to your RV would raise its value. We can meet with you to discuss your coverage and review your policy in person or via Zoom. Call us today for an appointment so you can keep your RV properly covered. We can help you get ready for a summer full of road trips.

Why Boat Insurance is a Must

With boating and watercraft activities on the rise and more people flocking to the waterways to have fun, boat insurance is now important than ever before. Even though Arizona doesn’t require that boat owners carry insurance, it is still considered a best practice by many in the industry. Just as your home or car is an expensive purchase that you carry insurance on, so too is your boat. Failing to have insurance leaves you liable for a slew of potential damages to include being responsible for a third party’s injuries and medical payments if you are found at fault in an accident.

Additionally, if you are involved in an accident with another boat and neither party carries insurance then you are both on the hook for the total cost of the damages. However, if the other party is deemed at fault and you carry underinsured or uninsured coverage on your boat insurance policy then you won’t be responsible. Many boat owners have the false misconception that their homeowner’s insurance policy will cover their watercraft so you’ll want to have a separate policy for it. Although boat insurance is not required in Arizona, no one under the age of 12 is allowed to operate a vessel at greater than 8 MPH unless in an emergency situation.

If you are still on the fence about whether you need boat insurance or just want a second eye to review your existing policy, INW Insurance Solutions in Mesa, AZ can help. Our talented team of insurance experts will take the time to learn about your needs and customize a boat insurance policy that protects your financial interests and watercraft. Contact our office today for more information and we look forward to working with you!

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.