Life insurance is a type of insurance that a lot of people do not like to think about because of what it represents. However, it is essential to make sure you have enough of it in place if something were to happen to you. Once people decide that they want to purchase life insurance, the next step is figuring out exactly how much is needed. You do not want to mess up this calculation. Use this guide from Alliance Insurance Partners, serving Scottsdale, AZ, to make sure you get the right amount of coverage.

• Do you have people who rely on your income? If so, you likely want to make sure that they are set up even after you are gone, at least until they can figure something else out for income.
• Do you have debt? This is something that will most likely need to be paid for after death. So if you do, make sure you have enough to cover your debts so your family does not have to be burdened with repaying them on your behalf.
• Do you have money for a funeral? Funerals can be costly and you do not want to make your family have to deal with this burden on top of the loss of a loved one. Once you know your plans, make sure you have enough either saved up or in a life insurance policy to pay for it.

Now that you have a better idea of how much life insurance you should have in place, it is time to make sure you get it. Be sure to contact us today here at Alliance Insurance Partners, serving Scottsdale, AZ. We can get you a free quote for life insurance and will even make sure you get the right amount for your needs. 

Owning a business is a huge responsibility, which is why you need to have the right type of insurance coverage to protect your investment and assets. Without the right type of coverage, you may have gaps in coverage that could mean substantial losses. Take the time to understand the type of protection you need before you make a decision.

Business Insurance Needs

Each business is different and not all commercial insurance is alike. When you begin shopping for insurance, you want to have your business information, such as its total value and value of inventory, available so you can work with an agent to determine the right amount of insurance. Keep in mind that you may need a rider or additional coverage for possible losses and items not covered by a traditional policy. 

Working With An Agent

One of the most important parts of selecting good insurance is selecting an insurance agent that can work with you one on one to help you get the right products. Your agent should be willing to go over the policy in detail and recommend actions that help protect you from gaps in insurance. Alliance Insurance Partners is excited to provide excellent insurance products to business owners in and around the Scottsdale, AZ area. You can depend on them to work closely with you to achieve the most comprehensive results. 

If you are a business owner and need to find quality insurance coverage to protect your investment, you should call or stop by Alliance Insurance Partners. We proudly serve the businesses located in an around the Scottsdale, AZ area. Get the right coverage for your business without gaps and unnecessary risk. 

Getting a home insured in the Scottsdale, AZ area doesn’t have to be difficult. When you work with a trusted company like Alliance Insurance Partners, you can get the guidance and support you need to make sure your insurance requirements are being met. But it’s important to make sure you’re also an informed consumer. That way you can make educated decisions about the insurance policy and coverage limits you really need. Here are six questions you should be asking about your home insurance, so you can make the right decision. Your agent can help you answer these, along with giving you additional peace of mind.

1. Do you have the level of coverage you need?
2. What happens if the home’s value changes significantly?
3. Should you keep your insurance if your mortgage is paid off?
4. How often should you review and/or update your insurance policy?
5. Are there supplemental coverage policies that are needed for a home in your area?
6. Would a different company offer a better policy for your needs?

If you’re ready to get home insurance, or want to make a change to the coverage you already have on your Scottsdale, AZ area home, reach out to us at Alliance Insurance Partners today. We’re here and ready to help you get the policy you want, so you know your home is protected. By working with our knowledgeable agents, you can have all your questions answered so your home will be fully protected the right way.

Peace of mind is a great feeling, and it’s one that we’re happy to help you achieve with our insurance products. Don’t worry if you do not live in Arizona. We also serve New Mexico, California, Texas, Tennessee, Washington, Alabama, Indiana, Ohio, Colorado, Georgia, Wisconsin, North Carolina, Oklahoma, Nevada, Idaho, South Carolina, Pennsylvania, Oregon, Kansas, Illinois, Kentucky, Maine, Utah, Arkansas, Iowa, and South Dakota. Reach out to our offices for a quote and more information.

Long-term health care is a difficult subject. Many of us would prefer not to think about it until we have to, but that is a surefire way to make things more expensive and difficult than necessary. If you take a few minutes out of your day, you can learn a few tricks that can help you tackle the challenges of long-term care in Scottsdale, AZ. Alliance Insurance Partners is always ready to help, and that starts with this quick guide.

You’re Still Healthy

Premiums for long-term care insurance tend to rise if and when you have been diagnosed with chronic issues. In many ways, it mirrors health insurance. With that in mind, the best way to save money, in the long run, is usually to start investing early. Obviously, coverages and needs can vary widely, but on average, the best time to start paying into a long-term care plan is somewhere in your 50s.

You Don’t Need 24/7 Coverage

Trying to stay in home when you need constant professional care is pricey. There’s no way around it. While these policies can mitigate some of the costs, they won’t make 24/7 care cheap. Long-term policies are usually at their best when they are less comprehensive. Many affordable plans can provide daily visits from a healthcare professional, but they won’t be there around the clock. For many conditions, one to two hours of care a day is enough. This is the vein where these long-term policies thrive.

You Consulted an Expert

Long-term care health plans are tricky at best. Usually, the optimal path for care and affordability will incorporate several different methods of providing. The combination approach to care will likely have an insurance policy handle only some components of the larger strategy. Your best bet is to consult an expert and get help exploring your options. For Scottsdale, AZ, residents, Alliance Insurance Partners is always willing to lend expertise and experience when you need it. 

There have been significant changes in health care or medical insurance as related to pre-existing conditions. The agents of Alliance Insurance Partners in Scottsdale, AZ, will provide you with the latest information and guide you through the process of obtaining medical insurance.

The insurance company has complete control over the coverage, and if the person wanted a better health care policy, then they could merely seek another offer from another company. However, with the election of President Obama, the Affordable Care Act was passed creating a public/private health insurance system. One of the most popular provisions of Obamacare was a pre-existing condition clause that favored the consumer.   

Historically, an insurance company can deny health care insurance to a person who had a pre-existing medical condition unless that was a significant increase in premium which would be considered a surcharge. Insurance companies varied in their surcharges for the same pre-existing condition. If the company decided that you had a pre-existing condition, your policy would be limited by a medical exclusion rider. However, there is or maybe was a short-term disability policy that does not exclude pre-existing conditions which are referred to as a "Guaranteed Issue" disability insurance.

With the passage of the Affordable Care Act, Insurance company’s were not permitted to exclude pre-existing conditions from their health insurance policies. The 2016 election of Donald Trump has brought on significant uncertainty as to whether President Trump’s health care policy dramatically limited Insurance companies from excluding pre-existing condition. President Trump has stated that Obamacare’s pre-existing policy has not been changed.

Alliance Insurance Partners in Scottsdale, AZ is ready to provide you with a reliable healthcare insurance policy. Please call for a consultation.

There is nothing like hitting the open road on a motorcycle. The wind, the sunshine, all giving you an experience like none other. Like all assets you own, you want to protect them. Motorcycle insurance is the layer of protection you need, and understanding the basics of the policies is pivotal. Whether you are someone who rides a motorcycle on occasion or as your primary form of transportation, motorcycle insurance is a necessary purchase to protect the bike and yourself on the road. Our team at Alliance Insurance Partners in Scottsdale, AZ is ready to help walk you through everything your motorcycle policy should cover.

States Require It

The vast majority of states will require anyone on a motorcycle to have basic liability insurance. The liability insurance is going to cover you if you cause injuries to someone else, or to someone else’s property. The minimum requirement in most states is for motorcycle insurance to include this type of protection.

Additional Requirements

Additional requirements may also exist if you do not own the bike outright. If you are leasing the motorcycle or if you have it financed through a company, you may also be required to purchase coverage to protect you and the bike further.  

Added Coverage

It is always best to go beyond the essential liability protection when talking about motorcycle insurance. Collision coverage is one option that you are likely going to want to consider. The collision coverage will pay in the event that you have damage to your bike from an accident. Comprehensive coverage, as well, will protect it if there is theft or vandalism to the bike.

Individual coverages will also exist and our team at Alliance Insurance Partners in Scottsdale, AZ can walk you through all of the options. Motorcycle insurance is essential and even required in many states. Have an awareness of the basics of the policies to help determine what will meet your needs whether you live in Arizona or one of the many other states we serve. Reach out to our offices for a quote and more information.

Your basic commercial liability insurance may not be enough if you are in a high-risk business. Every day headlines announce multi-million-dollar settlements for bodily injury and property damage. Ask a professional from Alliance Insurance Partners in Scottsdale, AZ whether your business would benefit from umbrella insurance.

What is Umbrella Insurance?

Umbrella insurance provides additional coverage to support your general liability insurance in Arizona or any other state. Umbrella insurance is available to supplement your home, auto, or business coverage. If you go over the limit on your other insurance coverage, an umbrella policy covers the remaining amount up to the umbrella policy cap.

Business owners buy umbrella policies to protect their assets from court judgments involving accidents for which they or an employee was at fault. It covers bodily injury, death, and property damages. When you settle a claim or receive a judgment from a court case, your umbrella covers the cost.

Who Should Buy Umbrella Insurance?

Professionals of all types and lines of work use umbrella policies. This policy isn’t just for the wealthy. In fact, the less you have, the more you need additional protection. Most umbrella claims come from vehicle accidents. Most people will be in at least one accident in their life, so it’s not hard to understand. However, some at-risk people would primarily benefit from this insurance. If any of these apply to your business, contact Alliance Insurance Partners in Scottsdale, AZ for more information.

• Certain dog breed owners
• Manufacturers and drug producers
• Business owners of all size businesses
• Medical, legal, and consultant businesses
• Real estate fields, including realtors, landlords and property owners

Contact Us

Contact Alliance Insurance Partners today for more information on your additional commercial insurance needs and to set up an appointment for a quote.

 

When you call Alliance Insurance Partners for a policy on your Scottsdale, AZ home, you may be surprised when they mention flood insurance. So that brings up an important question: does it ever flood in Arizona? Well, you’d be surprised.

A History of Floods

In 2017, severe flash flooding hit Cold Springs, leaving some of the people affected dealing with hypothermia. The flash floods also hit Mayer, AZ, a very dry desert city, bringing walls of mud and water to the town.

Does Arizona experience flooding at the same rate as say, Florida? Not exactly, but that’s part of the danger. We’re not as prepared, we don’t know how serious flooding can be, and we’re not expecting floods, even though there is a very real threat that it could happen. The science behind flooding and monsoon rains can be complicated, safe to say that the hot air of Arizona doesn’t help. When the conditions are just right and a cold front clashes with our warmer climate, it can unleash devastating storms.

So what if a flood never hits your home? Well sure, that’s not entirely unlikely. But insurance isn’t for the problems that you know you’re going to face; insurance is for the what-if’s, the maybe’s, and the possibles. Insurance is to protect us against disasters and accidents that may not be incredibly common, but that are not entirely impossible. This is why you need to call Alliance Insurance Partners and make sure that you’re covered against anything that might happen, and yes, that includes floods in even the driest desert towns. Even safe drivers carry auto insurance, and even Arizonans need to be prepared for a flood.

While some people may use these two types of insurances interchangeably, they are very different regarding what they cover and how much they cover. If you have a condo, then you do not need home insurance because it will not meet your needs. These are just a few ways the two differ according to Alliance Insurance Partners, serving Scottsdale, AZ.

• Home insurance covers more liability. With a home, you need to have liability coverage for the structure as well as the land and any other items that you have on that property. This is not the case with condo insurance where you only need coverage for the dwelling. If you have home insurance instead of condo insurance, you are paying too much for the excess liability insurance. 
• You may need extra insurance for anything not covered by the building. Most condominiums have insurance coverage for the communal areas, but if there are things that are not covered by them, then you will need to make sure that you have this coverage in place. Home insurance will not cover things like this on its own, which is why condo insurance is the best option. 
• You need to protect yourself from your neighbors. Another thing that home insurance likely does not cover are any damages caused by a tenant. If they cause damage to your property because of an accident, you want your condo insurance to kick in. 

Now that you understand how the two are different, you need to make sure you have the right kind of coverage in place for your condo. Contact Alliance Insurance Partners, serving Scottsdale, AZ, to get started with your condo insurance quote today.

One of the most important financial responsibilities that people share is the need to have life insurance. When looking for life insurance, those that are in the Scottsdale, AZ area may struggle with determining how much they need. Several different factors should be considered when determining the amount of life insurance to choose.

Your Income Needs

The first thing to consider when building a life insurance policy is how much of your income will your dependents need going forward. Generally speaking, if you have children or other dependents, you should have at least ten times the number of your annual living expenses in a life insurance policy.

Debt

Ideally, your life insurance policy should also have an amount of coverage that will help to pay off any debt that you have. If you have credit card debt, a mortgage, student loan debt, or any other type of debt, it would be a good idea to have life insurance left over to pay off these balances. This will help to reduce the number of expenses your family has and can give everyone a clean financial start.

Future Goals

When you are looking to get a life insurance policy, you also need to consider your future financial goals. If you are planning on paying for retirement or future education cost, you should figure out how much more money you will need to fund these goals for your dependents.

When you are looking for life insurance, a great idea would be to reach out to the Alliance Insurance Partners in Scottsdale, AZ. The Alliance Insurance Partners are an experienced insurance group that can help you better understand your insurance needs. They can also help you start the application process for life insurance and even provide you with an initial quote. We also provide life insurance to over 28 different states. Talk with one of our agents to learn more.