Independent Insurance Agency in Maricopa, Arizona
Located in the Sonoran Desert, Maricopa County is one of the most historic communities in the state. The City of Maricopa is currently the second most populated within Pinal County. In 2018, it was ranked as the second fastest-growing city in the country. In 2019, it was ranked among the best places for raising a family.
Our team at Gebhardt Insurance Agency is proud to have an office in Maricopa in addition to our Casa Grande location. Our agency has been the recipient of many accolades from the Casa Grande Dispatch, including having the best customer service. We are now representing more than 40 leading insurance carriers.
Auto insurance provides financial compensation when unexpected events happen involving your vehicle. The insurance contract will detail key provisions such as the premium, coverage period and maximum coverage limits.
All Arizona motorists must maintain minimum levels of liability insurance. Drivers that are stopped by law enforcement should have proof of coverage. The two required types are bodily injury coverage and property damage liability. If you are determined to be responsible for an accident, these coverages will compensate others.
The current minimum requirements are $15,000 per person and $30,000 per accident of bodily injury coverage. The minimum requirement for damage to the property of others is $10,000. Insurance companies are required to offer optional uninsured motorist and underinsured motorist coverage to all consumers as well.
Uninsured motorist coverage would pay for damage if you are involved in an accident with a driver who lacks coverage. Another driver in an accident may have coverage that is insufficient to fully cover the cost of injuries or property damage. In this case, your underinsured motorist coverage would pay for the difference.
Arizona recently implemented some key changes to the minimum levels of liability coverage that will take effect in 2020. The updated minimums for bodily injury will rise to $25,000 and $50,000. The minimum required property damage coverage will be increased to $15,000.
Types of Homeowners Insurance
Dwelling coverage covers the structure of the home including the foundation, walls, ceilings, etc. Content coverage may compensate the homeowner for losses that are not structural. This applies to items within the home such as furniture and clothing. Personal liability coverage is used to compensate those who may be injured while on your property, such as from unsafe conditions.
“Add-On” or Optional Home Insurance Coverage
Most homeowner’s insurance policies will have optional or supplemental forms of coverage that can be added. Common examples include earthquake or flood insurance. Depending on the specific policy provisions, those with unattached structures such as a shed or gazebo may need additional coverage as well.
It is important to understand what a deductible is and how it functions. The deductible amount is the initial amount that the policyholder must pay “out of pocket” before their insurance begins paying. Those seeking to lower the cost of their premiums may consider choosing a higher deductible amount.
Imagine you struck a pole while parking your car. The cost to repair the vehicle is determined to be $5,000. If you have a $500 deductible on your policy, you will be responsible to pay $500. The insurance company will then pay the remaining $4,500 necessary for the repairs.
Businesses typically will purchase general liability insurance coverage. For example, this may apply when someone is injured on business property. The business may have a commercial automobile policy that protects company-owned or employee-operated vehicles. Product liability coverage may be purchased when companies make or distribute products that may have a defect and create an injury or cause property damage.
Professional liability coverage is purchased by those in certain occupations that could be liable for losses resulting from errors or negligence. This form of coverage is often referred to as errors or omissions coverage. Workers’ compensation coverage is generally required for businesses. It is used to compensate employees that are injured or become disabled as a result of a work-related accident.
Those with dependent family members should purchase life insurance. This coverage provides “lump sum” coverage to beneficiaries in case the insured party was to die. For example, it may be critical to replace future lost income of a parent who dies leaving behind surviving children.
Why Choose an Independent Insurance Agency?
An independent agent represents multiple insurance companies, which allows greater flexibility in finding a suitable policy for an insurance customer. Insurance agents that represent a single insurer are commonly referred to as “captive” agents. An independent agent is more likely to find an insurance solution that addresses your specific needs at an affordable cost.
Agency Offers Insurance Solutions in Maricopa, Arizona
The Gebhardt Insurance Group provides cost-effective insurance products for individuals, families, and businesses in Arizona. We pride ourselves on providing excellent customer service and local support. Call our team of professionals today at (520) 518-8008.
44400 Honeycutt Rd,
Maricopa, AZ 85138