Home Insurance FAQs

If you are a homeowner in Prescott, AZ, after purchasing or building your home, the next thing you should be thinking about is buying home insurance from Manzanita Insurance. Homeowners insurance is a worthwhile investment that protects your home investment when the unexpected strikes. And that’s not all — home insurance is a lot cooler than that. If you need more information about home insurance, please enjoy reading our FAQs section.

Is home insurance mandatory in Arizona?

No, home insurance isn’t required by any Arizona law. However, your mortgage lender may insist you purchase home insurance to protect your financial interests. But whether home insurance is required or not, every homeowner in Prescott, AZ should consider this investment.

What does home insurance cover?

Of course, home insurance covers your home building and attached structures from damage against perils like fire, hail, lightning, and other calamities. Additionally, home insurance protects your assets against loss or damage from covered risks. Other areas covered by home insurance include:

  • Liability protection: Home insurance covers you against property damage and bodily injury claims from third parties.
  • Additional living expenses: Pays for expenses beyond your average spending for seeking temporal shelter after your home becomes unlivable due to a covered loss. 
  • Other structures: For an additional premium, detached structures like the swimming pool, shed, or garage are covered by home insurance against damages like fire, hail, storms, and many others.

What isn’t covered by home insurance?

While home insurance covers you and your home against numerous perils, it won’t cover damage to your home arising from:

  • Floods and earthquakes
  • Poor maintenance
  • Mold and pest infestation
  • Government demolitions
  • Wars and nuclear attacks

Additionally, home insurance provides minimal coverage to high-value items like art, silverware, and jewelry. That being said, you need to talk to your agent to purchase special coverage for your high-value assets.

Do you need more information on home insurance? Please contact Manzanita Insurance today. Better yet, you can visit our Prescott, AZ offices to speak to one of our agents.