A Valuable Asset: Scottsdale Insurance
With an exciting nightlife, extraordinary shopping locales, top-rated resorts and restaurants, and amazing spas, it’s no wonder Scottsdale has a high-class reputation. Drive through any neighborhood or valet parking area and you’re sure to understand why insurance is so imperative to Scottsdale residents. You have a lot to insure so it’s important you find quality coverage from Scottsdale insurance quotes.
Protect Your Jewels
There’s a price tag for a Scottsdale address but it is a worthwhile investment. Although the housing market has been turbulent since the housing bubble burst that started around 2006, the median value of a home in Scottsdale still remained at $491,800 between 2006 and 2008, according to a U.S. Census Bureau American Community Survey. Needless to say, it’s extremely important to protect your home. Now’s the time to review your homeowners insurance policy to be sure you’re getting the best, most affordable coverage you can find. The value of a home in Scottsdale is well above the state’s average, and so your insurance premiums will be above average as well seeing as there is more to insure. Your Scottsdale insurance quotes will be dependent on factors such as your age, sex and marital status; what kind of car you drive; where you drive; your credit history; and driving record. If you decide to insure a significant amount of personal possessions, your premium will be higher. Start an inventory on the items you want insured to make certain you are adequately compensated in the event they are stolen or destroyed. John M. Huff, the Director of the Missouri Department of Insurance, Financial Institutions and Professional Registration, recommends you take pictures or videotape your belongings and update your inventory every year. Tell your Scottsdale insurance agent if you have installed a burglar alarm, fire extinguishers or smoke detectors as these safety measures may bestow discounts on your policy.
Arizona Life Insurance
When was the last time you checked the particulars on your life insurance policy? If it’s been awhile or if you haven’t gotten around to buying a policy, you may want to take a little time to figure out what your family will need after your death.
Three common types of life insurance policies are term life, whole life and endowment. .
- A term life policy is the least expensive. It has a fixed rate for the term of the policy and pays out to the beneficiary if the policy holder dies during the life of the contract.
- A whole life policy will cover you for your entire life and has a cash value. The insured pays an annual premium which will not increase as the individual ages.
- Endowment policies have a fixed expiration date. When the policy expires, the face value is paid out in full whether or not the policy holder dies. This type of policy is beneficial to those who outlive the policy and want a lump sum payout for retirement or to pay for college expenses.
Your premiums will be determined based on factors such as your age, health history, occupation, income, hobbies and foreign travel. It’s important to be specific when naming your beneficiaries, especially if family circumstances have changed such as a birth or divorce.
A Hot Option
Who wants to cold call companies or surf the Internet for Scottsdale insurance quotes when you can bask poolside or shop Fashion Square? Take a few minutes to fill out a quick and easy form on NetQuote.com and representatives will gather several Scottsdale insurance quotes and send them straight to your computer.