Do You Need Wedding Insurance?

There’s no doubt about it — weddings can be expensive. Last year, couples spent an average of $35,329 nationally, with Arizona weddings costing just over $29,000, according to The Knot’s 2016 Real Weddings Study. With so much time and money invested, why wouldn’t you protect your special day in the event of a disastrous wedding mishap?

While you may not be able to prevent the unexpected, you can protect a portion of your investment by planning ahead and purchasing wedding insurance. Wedding insurance typically costs only a few hundred dollars, but it can save you tens of thousands if dust storm winds blow over the reception tent or a bankrupt vendor ruins your day.

The most common wedding cancellation claims include a vendor going out of business resulting in them being unable to fulfill their agreement, a member of the bridal party or a family member being too ill or injured to participate, and extreme weather. In 2017, Travelers received a record number of wedding insurance claims due to weather, about 22%. Because September and October are the most common times to get married in Arizona, it’s important to make sure you’re covered with wedding season right around the corner.

Typically, wedding insurance policies will reimburse you for deposits and charges you’ve paid to wedding vendors, as well as travel costs and other expenses incurred, if you need to cancel or postpone the wedding for a covered reason. However, coverage options, costs, and limitations vary widely. For example, some policies require the rehearsal dinner to be held no more than 48 hours prior to the wedding to be covered. Therefore, it’s important to give the team of agents at INW Insurance Group in Mesa, AZ, a call to discuss the right policy for you.

It’s also important to make sure wedding suppliers such as caterers and limousine services maintain their own liability insurance. In addition, any venue providing alcoholic beverages should carry liquor liability insurance — ask for a copy of their certificate of insurance before signing the contract. To play it safe, you may want to buy your own host liquor liability coverage to protect you from any potential lawsuits as well.

When considering liability, cancellation, or loss of deposits coverage, the most important thing is making sure you’re protected on your big day. The last thing any bride or groom to be needs is the added stress of lack of coverage. With competitive prices and the option of customizable plans, INW Insurance Group has your back every step of the way.

Considerations for Older Drivers

Everything changes with age, including us. This doesn’t necessarily have to be a bad thing, but it definitely needs to be something we are aware of. As you age your driving may change along with other things in your life. Here are a few considerations for older drivers.

EyeSight

If your eyesight has changed over the years, you need to consider how this might affect your driving practices. Do you have trouble seeing well at night? Night driving may be something you need to delegate to others. Another solution might be to talk to your eye doctor about how you can remedy issues you have with driving and seeing well at night. A tweak to your glasses prescription could be the solution. If eyesight problems have increased to the point you can no longer drive safely, then you may want to consider other, safer options.

Memory Issues

You might think that memory issues only affect how quickly you can find your wallet or the remote control, but memory issues while driving can be a real problem. If you have experienced memory lapses while driving that has caused you to get lost, or make unsafe driving choices, you should discuss these issues with your doctor. Cognition is crucial to safe driving, both for yourself and for other drivers on the road. Do not dismiss memory issues if it is affecting your driving.

Other Health Concerns

If you have developed other heal concerns which would affect your ability to safely drive, you should consider other options. There are lots of ways that individuals can maintain their independence even if they can no longer safely drive. Discuss some of the options with your family and doctor to help decide what your best and safest option might be.

If you’d like to learn more about safe driving contact one of our friendly representatives at INW Insurance Group serving Mesa, AZ.

Insurance Tips for Millennials

You keep your car filled up with gas, so you don’t get stranded on the side of the road and your phone charged so your loved ones can reach you. But what kind of safety measures do you have in place for more extreme scenarios?

What if you lost everything you owned in a fire at your house or apartment? What if your car was stolen? These situations are scary, but your insurance can help you through them, so long as you have the right coverage in place.

So, what is the right coverage for you? Give INW Insurance Group in Mesa, AZ, a call to find the best policy to fit your needs. Whether you’re starting out on your own or starting a family, these tips can help you begin to understand the level of insurance you may need.

Consider What You Own – And What It’s All Worth
Could you imagine having to replace all your personal belongings at once? What about having to do so from memory and all out of pocket? It would be both a difficult and a costly task. Make an inventory of your belongings and their value to help alleviate some of that pressure. Also, be sure you have enough insurance coverage, whether you rent or own a home. It’s known as “personal property coverage,” and you want enough of it to replace all your belongings in the event of a tragedy.

Take Your Lifestyle in to Account
Drive an expensive car? Repairs are likely costly, so be sure to carry full coverage. Own a home with a lot of custom features? Be sure your homeowners policy takes them into account. Your lifestyle choices can also help you save. For example, if you take public transportation to and from work even though you own a car, you may pay less for your insurance.

Talk to Your Independent Agent for Ease, Choice, and Advice
As an independent agency, INW Insurance Group offers a choice of carriers and options, plus personalized advice to help make sense of it all. We make it easy by doing the research and the work for you.

Remember, we’re here to help. Serving Arizona, Idaho, Washington, Oregon, and Colorado, give INW Insurance Group a call today with all your insurance questions and needs.

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.

JDRF Golf-A-Thon Fundraiser

Golf Til’ You Drop… For A Cause!

How does a day of FREE golf sound? What if lunch, a golf shirt, golf balls, drinks, and a chance to win $25,000 cash were included?

Join us September 22, 2018, for our first ever 100 Hole Golf-A-Thon benefiting the JDRF Arizona Chapter at the Augusta Ranch Golf Club! Just for participating, each golfer will receive:

  • A full day of golf
  • A golf t-shirt
  • A dozen personalized golf balls
  • Lunch with two free drink tickets
  • A chance to win $25,000 cash

How to Participate:

  • Register
  • Get pledges
    • Your pledge page is ready shortly after registration, so you can begin raising pledges right away! Invite your friends, family, co-workers, and neighbors to pledge you per hole or for a flat amount.
  • Play golf
    • Show up for a day of fun and freebies all while knowing you are contributing to the worldwide effort to end type 1 diabetes.

If you or anyone you know wants to participate in a fun-filled day of golf and prizes while supporting a worthy cause, give us a call at 480-626-0797 or visit http://www.friendsforjdrf.com/ for more information. Golfers of all skill levels are invited to participate. Registration ends August 22nd. We look forward to seeing you on the green!

Why You Should Choose a Local, Independent Agent

Some people think it doesn’t matter where they buy their insurance. However, this common misconception could be costing them money, service, and protection. Buying insurance isn’t like purchasing everyday groceries. Insurance is an important safety net for a family, car, home, or business, so let our team of friendly, local agents at INW Insurance Group help find the right solution for you!

There is a difference in where you buy your protection. Many people don’t realize there are three sources for insurance:

  • Captive Agents — sell you the insurance of only one company
  • Telephone Representatives offer you the insurance of one company via telephone, and are often not dedicated representatives
  • Independent Insurance Agents and Brokers — represent an average of eight insurance companies and research these firms to find you the best combination of price, coverage, and service

Your Independent Insurance Agent or Broker:

  • Is a licensed professional with strong customer and community ties
  • Gives you excellent service and competitive prices because they can access the insurance coverage from more than one company
  • Is not beholden to any one company, unlike other agents; Therefore, you don’t need to change agencies as your insurance and service needs change
  • Assists you when you have a claim
  • Is your consultant working with you to determine your needs
  • Offers you a choice of insurance plans and programs
  • Is a value hunter who looks after your wallet in finding the best combination of price, coverage, and service
  • Offers one-stop shopping for a full range of products: home, renters, auto, business, life, and health
  • Can periodically review your coverage to keep up with your changing insurance needs
  • Treats you like a person, not just another number

Customer satisfaction is the key to an independent agent’s livelihood. This means serving you is your agent’s most important concern. Give INW Insurance Group in Mesa, AZ, a call today to find out how we can serve all your insurance needs.

When Can You Claim Your Condo Insurance?

Condo insurance protects you from financial losses in case of insured risks such as damage to your condo unit structures and your personal property. In case of a disaster, put more focus on ensuring your safety than on retrieving your valuable property. You can file a claim later. Take pictures of the event if possible and get statements from witnesses if there are any. If you live in Mesa, AZ, you can get quotes for your condo insurance policy at INW Insurance Group. The type and amount of condo insurance you get depends on your specific needs. They may as offer you advice throughout the claim process.

When to Claim Your Condo Insurance

  • If You Lose Your Personal Property

You can make a claim if your personal property is damaged or lost in your condo unit because of insured risks including vandalism, theft, and fires. Personal property may include electronic devices, furniture, jewelry, and clothing.

  • In Case of Liability Claims

If third parties, such as guests, get injured in your condo, you can make a claim. You may also make a claim if you lose or damage their personal property by accident. In such cases, your condo liability insurance will compensate you for their medical costs and the costs of repairing or replacing their property. If they sue you, it will help to pay for the legal charges.

  • In Case of Additional Living Expenses

If your condo unit becomes inhabitable because of insured risks, you may make a claim for additional living expenses. If, for example, your unit is under repair after a fire incident, you may need to stay in a hotel room. Your insurance will compensate you for any sensible costs such as hotel bills.

Contact INW Insurance Group on 480-626-0797 for your condo insurance needs in Mesa, AZ.

Why Millennials Need Renters Insurance

Navigating the Arizona renters insurance market can be intimidating, especially if it’s your first time dealing with insurance. Starting your adult life is stressful enough, particularly financially. Even if you choose to rent instead of buy in Mesa, it’s still important to protect your hard-earned assets. Accidents happen and that’s why you should consider purchasing renters insurance. It is an inexpensive way to provide peace of mind and know that if fire, theft, or other damage occurs inside your place, you’re covered. It’s a good precaution against the unknown. There are many advantages to renters insurance, but if a peace of mind isn’t a good enough reason, INW Insurance Group can give you a few more.

Renters Insurance is Low Cost: The average annual cost for renters insurance in Arizona is only $195, which puts your average monthly payment at $16.25. This makes renters insurance affordable regardless of where you live. Chances are you can also increase your coverage for just a few bucks more.

Covers Property: Renters insurance covers the contents of a home including clothing, furniture, and electronics. As a rough guide to the dollar amount of coverage you should buy, add up the cost to replace all the major items in your home: appliances you own, computers, other electronics and furniture, and then double that amount.

Sometimes it is Required: Although renters insurance is not usually required by the terms of some leases, you may be required to have insurance to cover your liability exposure if someone is injured on the premises, or if damages occur from items owned by you, such as waterbeds. The landlord can, in fact, require you to have liability insurance. When signing a new lease or after proper legal notice for a month-to-month rental agreement, the landlord can even lawfully change the terms of the agreement to require renters insurance. This may be particularly important if you have animals, or if the property contains a pool.

Provides Liability Coverage: The liability component might be the biggest reason to get renters insurance because it can protect you from financial loss. Renters insurance can cover you in a lawsuit if someone injured in you home. Some common liability cases include:

  • Dog bites
  • General pet damage
  • Slip and fall
  • Causing a leak or fire in another residence
  • Accidentally injuring another person
  • Libel

Additional Living Expenses: Another feature included in most renters insurance policies is called additional living expenses coverage. If you can’t stay in your apartment after a fire, burst pipe, or other disaster, this coverage will pay for temporary lodging.

Covers Belongings When You Travel: If your luggage is stolen while on vacation, for instance, some policies will reimburse your losses, and it is common practice for insurance companies to cover belongings stolen from your car.

It is important that you take your time and find the right policy. Our agents here at INW Insurance Group will be more than happy to help you find the best rate with the quality coverage you need.