How A Personal Umbrella Policy Gives You Added Peace of Mind

If you own a home or a car in Prescott Valley, AZ, chances are you’re already paying for insurance. But what if something happens and your insurance doesn’t cover the total cost? That’s where umbrella coverage from Manzanita Insurance comes in.

What is umbrella insurance?

Umbrella coverage is an extra layer of protection that can help pay for expenses that your regular insurance doesn’t cover. It can help protect you from lawsuits and even help cover the costs of damages caused by natural disasters. Adding umbrella coverage to your existing home or auto policy is a good idea because it gives you peace of mind knowing that you’re covered in an accident or disaster. It’s affordable and can save you a lot of money in the long run.

What does an umbrella insurance policy cover?

An umbrella insurance policy is an insurance policy that provides coverage over and above the limits of your auto or home insurance policy. It can provide additional protection in case of a lawsuit or other financial damages. An umbrella insurance policy can cover you for things like:

• Legal fees and expenses

• Damages awarded to the plaintiff in a lawsuit

• Settlements paid out of court

• Personal injury or property damage caused by you or your family members

• And more!

Umbrella insurance policies can be added to your auto and home insurance policies. You can customize them to fit your specific needs. Whether you’re seeking extra protection against lawsuits or want to insure your valuables, an umbrella insurance policy can give you the peace of mind you need.

Give Us A Call

Manzanita Insurance in Prescott Valley, AZ offers umbrella insurance to protect you from unexpected events. We’re here to help you choose the right coverage for your needs.

When should you review your life insurance coverage?

Life insurance is not a one-and-done type of insurance. Your needs will change over the years as different events affect your life. As you grow and your family grows, your life insurance needs also grow. At Manzanita Insurance in Prescott Valley, AZ we are here to help you to determine the right amount of life insurance for every stage of your life. 

When should you review your life insurance coverage?

When you get your first job

The first time you will probably need to review your life insurance is when you begin your working career. You may get life insurance as a benefit, but this is the time of your life to get a policy of your own that you control. If you are having trouble saving, getting a whole life policy will allow you to have the death benefit and also some savings. 

When you get married

Marriage is a big step in anyone’s life, and it is a time to rethink some of your financial decisions. Both you and your spouse need to sit down with your insurance agent and talk about your life insurance and what you hope to accomplish with it. Is it a saving vehicle or is it just a death benefit? 

When you have children

Children are a major commitment and responsibility for many years, and you need to consider how they will be cared for if you are no longer there. Does your current lifestyle require two paychecks to maintain? Then you will need to supplement what your spouse earns for many years. 

When you retire

At this point in your life, your final expenses may already be paid, you may not have debt and your need for life insurance may have greatly diminished. 

Get Life Insurance Today

Contact Manzanita Insurance in Prescott Valley, AZ with all your life insurance questions and needs. 

What Is Not Covered by Condo Insurance

There are so many great aspects of living in a condo, and it is also important to attend to the practical details of that type of housing. Manzanita Insurance in Prescott Valley, AZ can provide you with the insurance coverage you need for your condo. However, it is good to know about the exclusions so you can plan your policy accordingly. 

Here are some key things that are not covered by condo insurance:

Condo insurance in general covers your belongings that are in your condo. That would include your clothing, furniture, kitchen items, electronics, and so on. You would need to obtain an insurance policy to cover that.

These are some of the things that are not covered by your condo insurance but are typically covered in the condo association’s policy:

The exterior of the building

Your policy covers whatever is inside your condo, and the condo association covers the exterior of the building. That includes things like roofs, railings, siding, patios, decks, walkways, and more. If a bad storm comes along and damages your building’s roof, for example, that would not be covered under your own condo insurance.

Common areas of the community

Many condo communities have common areas, such as hallways, elevators, lobbies, and recreation facilities. Your condo insurance does not cover that, but the condo association’s insurance policy does typically cover that.

Injuries that occur in common areas

Unfortunately, accidents do sometimes happen. If they happen in common areas of the condo community and cause injuries, the condo association policy would generally cover that. Your condo insurance would not cover that.

It is best to find out for sure what your condo insurance policy covers and what it does not cover, as well as what is covered under the condo association’s policy. Remember that knowledge is power.

Contact Us Today

To find out more about condo insurance and what it covers, contact Manzanita Insurance serving the Prescott Valley, AZ area.

The Two Main Types of Life Insurance

There are two main kinds of life insurance, and each has its own benefits and drawbacks. The life insurance that you choose often comes down to what you want in a policy and how much you want to spend. It’s important to have life insurance so that you have something to leave to your loved ones to help them to manage after you’re gone. When it’s time for you to get life insurance, give us a call at Manzanita Insurance in Prescott Valley, AZ to learn more. 

The Two Main Types of Life Insurance

Whole Life Insurance

This type of life insurance is great for those who want to keep their life insurance for the rest of their lives. With this type of policy, it can’t be canceled by the company as long as you keep on paying for it as agreed. The main disadvantage is that it costs more than other life insurance, but it never expires. Over time, it will also build up a cash value. With the cash value of your policy, you can borrow against it when you need to. Many people find that this gives them extra peace of mind knowing that this money is there for them if they should need it. 

Term Life Insurance 

This kind of life insurance works much differently. This kind of policy stays in effect for a specific amount of time and then expires at the end of it. This is a drawback for many people, but it comes with the advantage of costing less. It’s often an affordable way to get life insurance that many people find fits their budget. 

Cover Yourself With Life Insurance

If you don’t have life insurance, you need to have this protection for the sake of your loved ones. To get started, call us at Manzanita Insurance in Prescott Valley, AZ.

5 Tips for Getting the Best Auto Insurance

If you’ve ever been in an accident, you know how expensive car repairs can be. And if you don’t have good auto insurance, you could be on the hook for the entire bill. That’s why ensuring you have a policy that meets your needs is important. But with so many options out there, how do you choose the right one? Manzanita Insurance in Prescott Valley, AZ is here to provide you with guidance on this important insurance coverage.

Here are a few things to remember when shopping for auto insurance

1. Know Your Coverage Needs

The first step to finding the right auto insurance policy is to know what kind of coverage you need. This will vary depending on several factors, including your driving record, the value of your car, and whether you live in a high-risk area. If you’re unsure what coverage you need, talk to an insurance agent or broker. They can help you assess your risks and determine the right level of coverage for you.

2. Compare Rates

Once you know what kind of coverage you need, it’s time to start shopping around. Insurance rates can vary significantly from company to company, so comparing quotes from a few different insurers is important. When you’re comparing rates, be sure to look at more than just the bottom line. Also, pay attention to the details of the coverage, such as the deductibles and limits.

3. Read the Fine Print

When you’re comparing auto insurance policies, it’s important to read the fine print. This is where you’ll find the details of what’s covered and what’s not. Pay special attention to the exclusions, which is a list of things that are not covered by the policy. If there’s something you’re not sure about, ask the insurance company for clarification.

4. Consider Add-Ons

Some auto insurance policies come with add-ons, such as roadside assistance or rental car coverage. These can be helpful, but they’ll also add to the cost of your policy. So, if you don’t think you’ll use them, you might be better off without them.

5. Ask About the Claim Process

If you ever need to make a claim, you’ll want to know how the process works. Find out how to file a claim and what information you’ll need to provide. You should also ask about the company’s claims settlement process. How long will it take to get paid? What kind of documentation will you need to submit?

Give Us A Call

These are just a few things to keep in mind when shopping for auto insurance. Manzanita Insurance in Prescott Valley, AZ can help you find the right policy for your needs. Give us a call today for a free quote.

How does commercial insurance cover so many different business types?

Commercial insurance covers many different business types. Manzanita Insurance in Prescott Valley, AZ can provide your business with a commercial insurance policy, but it may not look like the one your best friend’s business purchased. It may be even different than the one your dentist purchased. 

That’s because the term commercial insurance refers to a range of insurance policy types. It includes boiler insurance, equipment repair insurance, commercial liability coverage, commercial auto, and many others.

For example, the malpractice insurance that your doctor or nurse practitioner carries falls under the category of commercial insurance, as does the errors and omissions coverage that a manufacturer of heart valves or prosthetics purchases.

Every Policy Is a Custom Policy

When you contact us to say you need a commercial policy, we interview you about your business so that we only offer you the coverage you actually need. We won’t try to sell your business policies that it doesn’t require.

Most commercial coverage packages start with a business owners’ policy (BOP). This type of policy provides the four most frequently purchased policy types. You will receive the liability and property insurance coverage that each business requires for a reduced premium.

Custom Policies Control Costs

The custom package saves you money. Since you only pay for the types of coverage your specific business requires, you pay less than if you purchased an all-inclusive commercial package.

Contact Us Today

We’re here to help you at Manzanita Insurance serving the greater Prescott Valley, AZ community.

Call us today and get your quote on commercial insurance. Let us help you obtain the insurance coverage you need to succeed in business.

What Happens If I Don’t Renew My Home Insurance Policy?

If you don’t renew your home insurance policy before it expires, you risk losing the coverage and protection it provides. Most insurers require a minimum amount of time between the date of the policy’s expiration and the new policy’s effective date. Typically, this is about 30–45 days. 

Your current policy may still provide some basic coverage during this time, but it’s best to assume you have no coverage. If you know you won’t be renewing your policy before the expiration date, start exploring other options to make sure you have a policy in place when you need it. You can seek advice from Manzanita Insurance serving Prescott, AZ and surrounding areas.

Why To Renew Policy 

If you don’t renew the policy, your coverage will be invalid, and you will no longer be protected if something bad happens. If you let your policy lapse, your home is no longer covered. In the event of a claim, you will not be entitled to any benefits. 

Letting your policy lapse may impact your future ability to obtain coverage. The "non-renewal" or "delinquency" clause may allow the company to refuse to renew your policy due to lack of maintenance or other policy violations. 

You might be charged higher if you renew after your policy expires. Some insurers will let you stay covered for a brief period if you inform them earlier. If you’re uninsured, you may be required to pay the cost of any repairs needed. You may also need to pay for replacing your home’s contents if they’re damaged or destroyed. 

Give Us A Call

If you let your policy lapse for a certain period usually a year, your provider may not be willing to take you back. At that point, you may have to start a new application from scratch. For advice, call Manzanita Insurance in Prescott, AZ.

Manufactured Home Insurance FAQs

If you have chosen a factory-built or manufactured home, you should be aware that home insurance is equally as important for these types of homes as it is for a site-built home. At Manzanita Insurance serving Prescott, AZ, we can help you find the insurance solutions you need for your home. Keep reading to learn more about manufactured home insurance. 

Manufactured Home Insurance FAQs

How Are Manufactured Homes Different?

A manufactured home or a factory-built home is a home that is built with pre-fabricated pieces that were constructed off-site in a factory. Those pieces are then shipped to the construction site and assembled. These types of homes provide an affordable way for families to achieve their dreams of homeownership. 

Is Insurance Different For a Manufactured Home?

An insurance policy for a manufactured home will work very similarly to a policy for a site-built home. There may be some differences in risk factors concerning natural disasters, however. To get all of the information concerning this type of home insurance policy, you will want to sit down with an insurance representative to discuss the details. 

What Will My Policy Cover?

Your homeowner’s policy will cover damage that may be caused to your home due to fires, hail, wind, natural disasters, storms, vandalism, and more. You should understand that most homeowner policies will not include flood coverage. Flood insurance is often a separate policy you can have added to your existing policy. You will need to talk with an insurance rep to fully understand the many factors that go into creating a flood insurance policy. 

If you would like to learn more about manufactured home insurance, or any of our other insurance services, please contact us at Manzanita Insurance, serving Prescott, AZ, and the surrounding areas. 

What Is Landlord Insurance?

If you own and operate rental properties, it is crucial to your long-term success that you have the proper insurance policies in place. We can provide you with the insurance information you need to make solid insurance choices at Manzanita Insurance, serving Prescott, AZ and the surrounding areas. Keep reading to learn more about landlord insurance. 

What Is Landlord Insurance?

Landlord insurance is a type of insurance policy to protect landlords or rental property owners. This type of profession carries with it particular risk factors. As a landlord, you have invested a great deal of time and money in your properties. Those properties can be damaged due to fire, natural disasters, burglaries, and due to the neglect or vandalism of tenants. If you do not have the right insurance in place, you can be left financially devastated by one of these events. 

What Does Landlord Insurance Cover?

This type of insurance policy will provide you with financial protection if your property is damaged or lost due to fire, natural disaster, burglary, or vandalism. Vandalism of rental property often happens when individuals destroy or neglect a property they are renting. This can leave a great financial burden on the landlord. 

What About Flooding?

Landlords should be aware that flood insurance is usually a separate insurance policy that will need to be added to a regular policy. 

How Much Coverage Do I Need?

The amount of coverage you will need will depend on your properties’ value and nature. An insurance agent can discuss these details for you to create a policy that suits your particular needs. 

Please contact us at Manzanita Insurance serving Prescott, AZ and the surrounding areas to learn more. 

Is Motorcycle Insurance Required in AZ?

Arizona requires that every motor vehicle operating on a roadway in the state – including motorcycles – carry minimum liability coverage. It is important to note that Arizona is an “at fault” state meaning that if a driver is found at fault in an accident then they are liable both criminally and civilly. 

In order to be street legal, a motorcycle in Arizona must have the following equipment:

  • Eye protection: Required unless your motorcycle has a windscreen.
  • Handlebar height: The hands of the operator must not be above shoulder height when the operator is sitting on the seat.
  • Helmet: Required for all drivers and passengers under 18 and anyone who has an instruction permit.
  • Mirrors: 1 mirror is required
  • Passenger Seat/Footrest: Both are required if you are driving with a passenger
  • Headlight: Daytime headlight use is required.
  • Muffler: Required and a bypass, cutout, or similar device is not allowed. 

For insurance motorcyclists must carry liability coverage with at least the following minimums:

  • $15,000 death or bodily injury to one person
  • $30,000 death or bodily injury to two or more persons
  • $10,000 damage or destruction of property

The minimum insurance requirements in Arizona are woefully inadequate to provide protection in even the most minor accident. When you work with a licensed insurance agent at Manzanita Insurance in Prescot,t AZ we take the time to learn about your personal circumstances so that we can recommend a motorcycle policy that offers the ideal level of protection. Give us a call today or stop by our conveniently located office to learn more about our motorcycle insurance offerings that will enable you to safely ride in Arizona.