Being a homeowner is a wonderful thing; it frees a person from having to worry about rent, and you can proudly bask in the achievement. That said, many homeowners don’t consider getting home insurance. Homeowners insurance is a type of insurance coverage homeowners should consider, as it covers damage and losses to one’s home. Below are five benefits that come with adopting a homeowners insurance package.

1. Protects the Main Structure

A homeowners insurance policy’s primary purpose is to safeguard your principal residence, which is the section of your home that you live in. For example, you would suffer a significant financial loss if you do not have homeowners insurance and suffer a house fire or a natural disaster such as a hurricane. It is preferable to insure your home for up to 100% of its value. Nevertheless, insurance coverage of up to 80-90% is commonplace. Most of these plans cover catastrophic damage, minor damage, and entire replacement expenses.

2. Covers Your Gadgets

Many homeowners do not keep an inventory of their possessions. In fact, according to Policy Genius, only 49% of homeowners keep a house inventory of their belongings! When insurance for homes is purchased, you should list all appliances, gadgets, and other personal items the policy covers. If a covered event, such as a hurricane or tornado, damages some of your property, you may be compensated in part or in full depending on the specifics of your policy. This is a significant benefit of this type of insurance that many homeowners ignore.

3. Provides Coverage Inexpensively

Some individuals may view home insurance as unnecessary, but it provides significant relief if an unexpected tragedy occurs. The benefits of the coverage much surpass the investment you make. You can always opt for more basic coverage, too.

4. Protects from Lawsuits

Insurance for homes provides coverage for property-related claims depending on your coverage. Your home insurance will protect you if you mistakenly damage another person’s property, such as in a fire or with mechanical damage. It also covers the medical costs of a visitor who is hurt on your property.

5. Provides Peace of Mind

A homeowners policy gives significant relief. You don’t have to constantly worry about facing the costs of damage to your property. Home insurance coverage may be advantageous whether you own a big house or a little one. After you’ve selected your policy and paid the premium, you can relax knowing that your home’s security is no longer your major responsibility.

Insurance for homes is beneficial for the reasons examined above. If you’re a homeowner who has yet to insure your home, consider doing it immediately. Do you want to insure your home from future risk? Contact AOAWest today!

Car insurance is one of the most important investments you can make for yourself and your family. According to Statista, in 2018, over 34 thousand people died, 1.8 million people were injured, and five million vehicles were involved in property damage accidents. Below are some of the reasons why you shouldn’t skimp on car insurance.

1. Protection in Case of an Accident

Insurance agencies play an important role in providing protection in case of an accident. They act as a buffer between you and the other party involved in the accident and can help to cover the costs of damages and injuries. While it is possible to get by without insurance, it is not advisable. If you are involved in an accident, repairs and medical treatment costs can quickly add up, and you may find yourself unable to pay them. Insurance can help to reduce the financial burden in such a situation, and it is, therefore, essential to make sure that you have adequate coverage. Skimping on insurance may seem like a good way to save money, but it could end up costing you more in the long run.

2. It Is Required by Law

In most states, it is mandatory to have some form of car insurance. If you are caught driving without insurance, you could be fined or even lose your license. Not having insurance can also make it difficult to get insurance in the future. Insurance companies view drivers who have been caught driving without insurance as high-risk customers and, as a result, will charge them higher premiums. It is, therefore, important to make sure that you are properly insured before you get behind the wheel.

3. It Offers Peace of Mind

Knowing that you are properly insured can give you peace of mind in case of an accident. With the right level of coverage, you will know that you are protected financially in the event of an accident. This can help to reduce your stress in such a situation and allow you to focus on getting better instead. Whether you already have adequate insurance or need to get additional coverage, be sure that you take the time to compare different policies and choose the one that offers the best value for your money.

Looking for car insurance can seem like a daunting task, especially with so many options available. However, with some research and careful consideration, it is possible to find the right policy for your needs at an affordable price. Do your research today and invest in quality car insurance for peace of mind on the road. For more information on car insurance, contact our insurance agencies today.

A report given by the National Highway Traffic Administration reveals that over 10 million cars that get involved in road carnage go unreported. But what most people know is that it is essential to record your statement with the police in case your car gets into an accident as soon as you can. It will aid you if you decide to file a claim with an insurance agency firm since you will have a record. If you don’t record a statement with the police, you can not have any claim processed for you.

What is a Police Report?

It is a document that police use to record who was involved, what happened, the damage, and other crucial things after an accident. The composition may be single or multiple pages depending on the accident.

What Information is Found in a Police Report?

The information that can be obtained from the police report includes the place where an accident occurred, the date and time of the accident, car registration details, and whether there is a person who sustained some injuries. Additionally, you can also obtain information regarding whether there are some parts of the cars that are not damaged and the statements of people that were at the accident scene.

What is the Importance of Reporting a Car Accident?

In the Case of Injuries That Occur After An Accident

Suppose you get any form of injury after an accident. It’s only a police report that can determine that, indeed, the injuries were a result of the accident.

It is Essential When Making A Claim

Any insurance agency company will ask you to produce a police report when you decide to claim your car after an accident.

In The Case of Car Damage After An Accident

After an accident, your car might not seem to be damaged, but it can develop some issues later on. It is only a police report that can help you to claim it afterward. If you don’t produce a police report, no car insurance agency will compensate you.

How Can You Report An Accident, And After How Long?

If there were no police at the scene of an accident, you could make an effort to visit the nearest police station and record a statement.

You can make the statement immediately or within 28 days from the day, the accident took place.

Just as we rely on health insurance to help pay for the costs of medical care and treatments, we also rely on car insurance to help pay for the damage caused by an auto accident that we are involved in. This is so important in fact, that there are laws in place that govern car insurance coverage. It is a requirement in most cases to have some level of coverage before you can even legally drive a vehicle on public roads. Because of this, the need for insurance is extensive and there are a number of things to consider when trying to find the insurance agency and specific coverage policy that is right for you and your driving needs.

Driving History

Your history behind the wheel can have a huge impact on what rate sand services you can get access to. A good driving record will usually earn you better rates and advanced coverage options.

Type of Vehicle

Not all vehicles are created equal and the kind of car you drive will also impact insurance rates. The age of your vehicle can factor in when negotiating with the insurance agency over premiums and coverage.

Driver Status

In some instances, your age and experience behind the wheel can affect insurance options. Younger drivers and older senior drivers often end up paying more due to a perceived increase in risk and liability.

Location

It is also worth thinking about your geographic location and weather impacts in driving conditions. Factoring in ice and snow or frequent storms can at times affect car insurance costs and coverage.

Lifestyle

Your own individual wants and needs as well as your driving habits will also need to be taken into account. If you drive in the city versus rural areas, for example, it can translate to different coverage needs.

Distances

Just as where you are driving is taken into account when talking to the insurance agency, so too is how far you drive. Long-distance drivers usually pay higher premiums than those who stick close to home.

Finances

The final thing to consider when comparing and choosing car insurance plans is your overall financial situation. It is always a good idea to get the maximum coverage level that you can regularly afford.

These are just a few things to keep in mind when dealing with car insurance plans and premiums. Considering that the average driver in America puts roughly 13,500 miles on their vehicle every year, it is easy to see why insurance coverage is so important. To learn more and to get your personal questions answered, contact your local insurance agency and schedule a consultation today!

People spend a great deal of time on the road driving to work, school, doctors, family, and on errands. Add to that people driving for vacation or other travel needs and the number of vehicles on the road at any given time can be mind-blowing. The Insurance Information Institute reports that vehicle claim frequency is on the rise. Over the last few years, there has been a steady rise in collision claim frequency, which generally serves as a good indicator of overall accident rates. But why is this trend occurring, and what factors contribute to the ongoing rise in accidents being reported to insurance center representatives across the country?

Younger and Older Drivers on the Road

One contributing factor to auto accidents is the age of drivers who are on the road today. More and more young people and learning to drive while at the same time more seniors are still driving than ever before. The very inexperienced new drivers and the high-risk senior drivers are making for a volatile mix that can greatly increase the odds of accidents occurring.

Older Vehicles Being Driven Longer

With all the advancements in technology and safety features vehicles have today, you would think driving would be safer. However, more people are still driving older vehicles than what was seen in the past. Vehicles are expensive, so more drivers are opting to keep their older vehicles rather than buying newer ones. This can at times lead to sudden vehicle failure and issues while driving.

Careless Driving is an Ongoing Issue

Wile we have vehicles today with features such as driving assist and rear-camera views, there is still the issue of driver carelessness. Automated features and smart technology can only go so far and do so much when drivers themselves are still being reckless and careless on the road. Distracted and careless driving are still among the leading reasons for auto accidents today.

DUI cases Still Continue to Rise

Unfortunately, the leading cause of auto accidents in the country today still remains driving under the influence of drugs or alcohol. Deaths related to impaired driving climbs nearly every year and continue to be a major issue for traffic safety and motor vehicle organizations. New laws and regulations aim at reducing numbers, but it is still an ongoing fight.

It is clear that there are a number of factors that are contributing to the growing number of accidents being reported to insurance center reps. By focusing on these causes and addressing the underlying issues, improvements can be made to help keep drivers safe while on the road.

Home insurance is designed to protect your home, but it’s easy to overlook some gaps that can cost you down the line. That’s why it’s important to do your homework so you can make the most of your homeowners insurance. Although homeowners insurance might seem like a straightforward thing, here are some overlooked home insurance claims that you need to know about to avoid significant financial losses.

Dwelling Coverage

When you take out your homeowners insurance, it may seem like you have your dwelling coverage all sorted out. But is your main structure really protected? According to recent statistics, about one in 40 insured homes has wind or hail-related property damage claim, while one in 50 insured homes has a property damage claim related to water damage or freezing each year. Without enough dwelling coverage, it means you are liable to pay out-of-pocket expenses. The problem with issues like wind, hail, and water damage is that they all happen unexpectedly, and being underinsured can negatively impact your budget in the future.

Home Improvements

Chances are, you don’t have enough insurance to cover the cost of your making home improvements or rebuilding your structure in the event of a disaster. Also, if you’re planning to make remodels down the line, it’s important that you fully understand the home insurance coverage for your home.

In that case, you should sit down with your insurance agent because your existing policy might cover renovations. However, if you may be underinsured if you are planning to carry out any major upgrades. In that case, you’ll probably need to increase your coverage limit to suit your future home improvement plans.

Liability Coverage

As a homeowner, you may not enjoy thinking about someone getting injured on your property, but it can happen. Your current liability limits may not be able to fully cover you in case of a mishap. For instance, if someone trips and get injured because of a fall, then you would have to pay fr the medical costs yourself because you’ll be underinsured. Some homeowners are not even aware that they have this type of insurance at their disposal. The great news is that liability coverage insurance limits vary widely, so you’ll be able to find something to suit your budget.

These homeowners insurance claims are only just a few of the claims you need to be aware of. Do you know that you may be overlooking your vacant home insurance as well as your coverage for personal possessions like jewelry? Contact us to learn more.