How Home Insurance Protects You

When you own a home, owning home insurance is a must. A good policy can protect you from a wide range of risks that houses face. There are several different types of home coverage that are included in one home insurance policy. If you need a policy for your home, give us a call at San Marcos Insurance Group in Chandler, AZ.

Covering Your Home

Part of a home insurance policy is protection for the house. It protects against many different disasters and accidents that can happen to houses and cause them damage. If you don’t have this policy, you would have to come up with all of the money to repair or rebuild by yourself. This policy will pay for damage that is caused by a covered occurrence. Being without this coverage can be too expensive to afford if the worst should happen.

Covering Your Possessions

Another part of a home policy is the coverage for all of the possessions that are located inside the house. These possessions may not look like a huge expense, but when everything is added up together, it may rival the value of your house. If a covered incident like an accident happened and ruined your possessions, your policy could pay for you to replace them or to get needed repairs. 

Covering Your Liability

One part of your home policy is dedicated to your possible liability for accidents and other incidents. If someone were in your house and had an accident, you could be considered liable for the resulting medical bills and other expenses. This coverage protects you from lawsuits that could be filed against you after an accident like this. It’s smart to never be without this coverage. 

Get Home Insurance

To get your home policy, call us at San Marcos Insurance Group in Chandler, AZ.

How Much Auto Insurance Do I Need?

Auto insurance is crucial in protecting your asset, giving you liability protection, and paying for medical expenses following an accident. While auto insurance is a necessity, do you know how much auto insurance you should buy? Determining the amount of auto insurance you need can be challenging, but San Marcos Insurance Group of Chandler, AZ will help you determine the amount of car insurance adequate for you.

Meet your state requirements

The minimum amount of car insurance you should hold is the one required by your state. For instance, Arizona requires drivers to purchase property damage liability (PDL) coverage of $15,000 and bodily injury liability of $25,000 per person. Of course, these amounts differ from state to state – so be sure to check your state’s requirements to avoid non-compliance penalties.

How much liability insurance should I have?

While meeting the state minimum requirements is excellent, most motorists consider higher limits because accidents will likely cost more than the state-required coverages. We usually recommend our clients purchase liability coverage of above 100/300/100. This plan should cover you adequately, given the rising healthcare costs and that vehicle repair costs can quickly stack up.

If you own significant assets, we advise you to opt for umbrella insurance to protect your belongings when you cause a severe accident.

How much collision and comprehensive coverage do I need?

Ideally, you should cover your vehicle with the assumption of a worst-case scenario. If your car were totaled today, is your auto insurance adequate to replace your vehicle? Of course, as you ponder about this, you need to consider deductibles – the higher your deductible, the lower your premiums. 

With this in mind, purchase physical damage coverages that you are comfortable with, putting deductibles in mind. 

Learn more about car insurance

Still unsure about how much auto insurance you need? No problem. Would you please not hesitate to contact San Marcos Insurance Group for more information? Better yet, you can pop in our Chandler, AZ offices to chat with one of our agents.