The Different Types of Auto Insurance

Anyone in Prescott, AZ, who has shopped for auto insurance, already knows many options are available. Most insurance companies provide similar policies and coverage; it is up to you to determine how much coverage you need. Take time to learn about the different types of auto insurance coverage and reach out to the experts at Manzanita Insurance to discuss coverage options and get your questions answered. 

Personal Injury Protection

Personal Injury Protection, also referred to as PIP, covers medical expenses you and your passengers receive due to an accident. 

Liability Insurance

Liability insurance pays for damages caused to other vehicles, other people, or property when you are found at fault. Liability insurance coverage is mandatory for drivers to carry through state laws. 

Collision Coverage

Collision insurance covers damages to your vehicle regardless of who is at fault. 

Comprehensive Coverage

Comprehensive coverage pays for damages associated with incidents not involved in an accident. Common incidents covered include weather, theft, and vandalism. 

Uninsured Motorist and Underinsured Motorist Coverage

Sometimes other drivers do not have the required insurance coverage, or they may not have enough insurance coverage to pay for your damages, medical bills, or additional accident-related costs. Uninsured motorist and underinsured motorist coverage provide you with coverage when the at-fault driver is not adequately insured. 

Rental Car Reimbursement

Rental car reimbursement insurance pays for the cost of a rental vehicle if your vehicle is in the repair shop or has been totaled. There is a limit per day as to how much this coverage pays for. 

Those in Prescott, AZ, with questions about insurance coverage options, should reach out to Manzanita Insurance. The experts at this agency can help provide information and offer guidance on which coverage is best for your insurance needs. 

How to Get The Best Out Of Your Commercial Insurance

Everyone wants value for their money. And this isn’t an exception when you are buying commercial insurance for your Prescott, AZ business. You want to get the best out of your coverage to justify the premiums you are paying. But how can you do this? Unless you understand the ins and outs of business insurance, you will always find yourself under-exploiting your business insurance coverage. 

The good news of the day is that Manzanita Insurance is always ready to help business owners in matters concerning insurance. With this in mind, today, we will elaborate on how you can get the best out of your commercial insurance.

Understand your business

As a business owner, no one understands your business as you do. You are in the best position to determine the risks facing your business. This way, you will only buy commercial insurance that meets your business needs.

Review your commercial insurance policy every year

At the very least, update your commercial insurance every year. Reviewing your business ensures that your current business needs are taken care of and that you aren’t overpaying or underpaying your premiums. 

Choose an agent who understands your industry

Since commercial insurance can be challenging, you need a knowledgeable agent to help you understand commercial insurance in detail. Better yet, if they understand your industry, they will guide you to pick the appropriate commercial insurance coverage for optimal protection.

Know what is required by the law

If you operate in Arizona or any other state, it’s vital to understand your region’s mandatory business insurance coverages. This way, you don’t have to subject your business to numerous fines and penalties for non-compliance. Additionally, when you know that your state commercial insurance minimums are met, it’s always easy to plan for other coverages when the basics are covered.

Purchase commercial insurance today!

Has your business been running without business insurance? This has to end today. If you are in Prescott, AZ and its environs, please contact Manzanita Insurance for an affordable commercial insurance quote. 

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.