Is It Time to Update Your Motorcycle Insurance?

If you are in Arizona, you are required to purchase motorcycle insurance to operate your two-wheeler legally in the state. As such, many bikers have motorcycle insurance to comply with the law and to protect their bike and themselves when accidents happen. Unfortunately, many motorists don’t take time to update their motorcycle insurance to cover their current needs. As a result, they find themselves:

  • Paying too much for too little coverage
  • Paying for coverages they don’t need
  • Having a difficult time when filing a claim

At Old Pueblo Insurance, we don’t like Oro Valley, AZ residents paying for coverage they don’t need or getting frustrated when looking for compensation. For this reason, we are giving you a guide on when you should review your motorcycle insurance.

If you are selling or buying your bike

Upgrading your bike? Inform your insurer to transfer your old policy to the new one. Similarly, if you sell your bike, inform your insurer to cancel it.

You have someone else riding your bike

Letting your teenager son or daughter ride your two-wheeler? There is nothing wrong with this — all you need to do is inform your insurance to make the necessary adjustments.

Change of address

Moving to a new location? It’s wise you buzz your insurance agent to update your policy. Location is sometimes used to compute your premium, so informing your insurer when you move is essential.

Having completed a riding course

Motorcycle safety courses are recommended for new and seasoned riders alike. Some insurance companies consider such safety classes when determining your premium, so it’s good to keep your insurer in the know when you upgrade your motorcycle safety skills.

Sometimes, knowing when to update your motorcycle insurance can be a challenging task. However, if you have a knowledgeable insurance agent, you don’t have to worry about matters concerning your two-wheeler insurance. To get such a partner in Oro Valley, AZ and its environs, please get in touch with Old Pueblo Insurance.

Arizona Motorcycle Insurance – Are There Special Add-On Services For Motorcycle Insurance?

Motorcycles are one of the most unique driving experiences in the world.  It’s just you and the road and that freedom that you get from having that openness with the wind blowing through your hair.  Having this freedom protected with insurance is a requirement in Arizona as you are legally obligated to have a certain amount of bodily injury/death per person and property damage coverage.  These amounts are extremely small in comparison to real-world requirements, so many riders opt to have additional coverages included in their motorcycle policy.  You can discuss motorcycle coverages and more at Old Pueblo Insurance in Oro Valley, AZ.  Here are some additional coverages that are available for motorcycle enthusiasts.

Uninsured Motorist Coverage

You can get individual coverages (bodily injury, property damage) within this scope of coverage as this type of insurance will cover you under the unlikely scenario of being in an accident with a motorist who doesn’t have insurance.  

Roadside Assistance

This is not “insurance” in the traditional sense as it’s coverage that helps you in case of emergencies.  Can’t start your motorcycle up due to a dead battery?  Flat tire?  Ran out of gas?  Etc.  This assistance will send a tow truck driver out to help you and your bike get back out on the road.  If your bike isn’t serviceable at the roadside, then your motorcycle will be towed to the nearest service department for repair.

Replacement Cost Coverage

This addition works similarly to Gap Insurance in that your coverage will pay for a brand new bike in the scenario of a total loss accident of a motorcycle three years or newer.

Reimbursement For Rental

When your motorcycle is on the shelf getting repaired, you need transportation in the meantime.  Reimbursement coverage will reimburse you for your out-of-pocket expenditures on rental motorcycles.  They can also set up a rental agreement and pay for it before your rental need arises.

To Learn More

These are just some of the additional coverages that you can get as there are plenty more where that came from!  If you’d like to learn more about motorcycle insurance and additional coverages, please contact Old Pueblo Insurance in Oro Valley, AZ today!

What Is Whole Life Insurance?

When you need life insurance, there are different policy types to choose from. Whole life is a popular insurance type that has a number of important advantages. If you want to be covered by life insurance, give us a call today at Old Pueblo Insurance in Oro Valley, AZ.

Insurance for Your Whole Life

When you want to get a life insurance policy, you have the choice between insurance that lasts for a specific amount of time, such as 20 years and insurance that doesn’t expire. Whole life insurance never expires as long as you keep paying for it as agreed. This insurance can’t be canceled because of your age or because of any health problems you may develop if you keep paying the premiums. Not even the insurance company can cancel it on you. Therefore, it lasts your whole life. 

Building Value

With whole insurance, it will begin to build up a cash value after several years of paying the premiums. A small part of the amount of money that the company makes by investing in your premiums adds up into a cash value that your policy will have. Then, you are able to borrow against that amount when needed. Having a financial emergency is frightening enough without having any idea how you will handle it. When your insurance policy has a cash value, you can borrow that amount and then pay it back like any other type of loan. If the insured person dies before the full loan is paid back, that amount is taken from the death benefit to satisfy the loan. 

Get Your Life Insurance

If you want life insurance, whole life is a type that many people appreciate. To get started, give us a call at Old Pueblo Insurance in Oro Valley, AZ to find out more. 

What You Need to Know about Commercial Insurance

Whether you own a small shop or a larger business, any business owner’s needs will differ slightly. That is why commercial insurance quotes can be important to compare to make sure that you know you have the commercial insurance right for you.

Old Pueblo Insurance in Oro Valley, AZ is proud to offer commercial insurance to residents in the following states:

  • Arizona
  • New Mexico
  • Ohio
  • Michigan

Because we work with multiple providers, we can create several customized quotes suitable to your business needs. Because of this, the insurance quote will be comprehensive and cover what your business needs rather than a more generic insurance plan. 

Every Insurance Plan is Different

Whether you open a small shop or a large office, one of the first things you should look at when starting a business is commercial insurance. If your business experiences an emergency on its opening day, your business will not be covered if you did not consider commercial insurance or the appropriate coverage yet.

Therefore, you will need an individualized insurance policy that fits your business model, as well as the area your business is located in. For example, insurance in the state of Arizona will not look the same in New Mexico.  

We understand commercial insurance can be a minefield. At Old Pueblo Insurance, we provide businesses with several quotes from different providers to give you options and confidence that you pick the right insurance. We also have advisors on hand to help you pick between the options given. If you want to get commercial insurance or receive a quote, call Old Pueblo Insurance today.

Home Insurance & Liability Coverage

When you buy a home, one of the first things you need to do is secure homeowners insurance. Liability coverage is commonly included with a standard home insurance policy. Some people choose to increase liability coverage because the coverage you need depends on a number of factors.

Do you have questions about liability coverage? Old Pueblo Insurance can help you learn what coverage your Oro Valley, AZ home needs.

Injuries at Your Home Can Be Devastating

When somebody is injured or their property is damaged at your home, the results can be serious. You may be held responsible for the financial impact, which can cost hundreds or even thousands of dollars. You could be left with serious bills to cover, including medical bills, lost wages, and personal property damage. For many people, an emergency like this would devastate the family.

When you do not have liability coverage, you are on the hook for expenses associated with injuries and property damage. When you do have coverage, your insurance company may be able to handle the issues that arise.

Standard Liability Coverage Doesn’t Take Care of Everything

Many people consider add-on policies to their liability coverage so that they can add more value to their coverage. For example, somebody could experience higher medical bills than your policy covers. Adding more liability coverage to your policy will protect you in the event that this happens.

Pay Attention to Your Homeowners Insurance Policy

Old Pueblo Insurance, which serves Oro Valley, AZ, can help you determine what kind of insurance you need. Reach out for more information about liability coverage and how it impacts your home insurance policy and your responsibility.

Do you need to have an auto insurance plan in Arizona?

The people that live in the Oro Valley, AZ area will continue to find that owning a car is a good option. With a vehicle, you are going to have an easier time getting around the city and completing your daily tasks. If you do decide to purchase a car when you are here, you will want to make sure that you get the right insurance protection for it. An auto insurance plan in this part of the state is needed for a few reasons.

Comply with State Laws

A reason people need to have auto insurance coverage is so they can comply with all state laws. Driving a car is a big responsibility and there are some tasks that all people need to take care of. For many, this includes requiring that you have an auto insurance plan in place. If you do not at least have liability insurance, you will be in violation of state laws in Arizona. 

Meet Lender Standards

You also may need to carry auto insurance to stay in good standing with your mortgage lender. If you have a car loan outstanding, you will likely be required to carry collision and comprehensive insurance. If you do not maintain this protection, you could be in violation of your auto loan agreement 

People that are in the Oro Valley, AZ area will likely want to own a vehicle. If you do own a vehicle here, it would be wise to call Old Pueblo Insurance to discuss your auto insurance needs. There are various factors to consider when selecting an auto insurance plan and Old Pueblo Insurance can offer support to ensure you choose the best policy for your situation. This can help ensure your vehicle remains properly covered at all times. 

In All Seasons, You Need Umbrella Insurance

The word “umbrella” in umbrella insurance aptly describes this coverage. Umbrella insurance can save you on a rainy day! When your typical insurance coverages run out, umbrella insurance from Old Pueblo Insurance in Oro Valley, AZ, can bail you out. Need to find out more? Keep scrolling.

Umbrella insurance explained

Umbrella insurance is the extra liability protection that takes over from where your boat, home, or auto insurance leaves off. And since lawsuits don’t have an off-season, you need umbrella insurance to protect you when accused of:

  • Property damage
  • Bodily injury
  • Personal liabilities, including slander, libel, and false arrest

Besides, umbrella insurance helps you cover attorney fees, settlement fees, and other legal-related expenses.

Is umbrella insurance for the wealthy only?

The simple answer is no. Umbrella insurance is suitable for everyone because anyone in America can be sued. And since lawsuits can be expensive, you need umbrella insurance to protect your hard-earned assets. While umbrella insurance fits anyone earning a livelihood, you need it urgently if you are in the below circumstances because the likelihood of lawsuits is high. 

It would help if you had umbrella insurance if you:

  • Own a dangerous pet that can cause injury (for instance, some breeds of dogs)
  • Own a home, boat, or vehicle
  • Participate in high-risk hobbies that can cause injury
  • Chair a charitable organization
  • Coach youth or kids’ sports

Lawsuits can mess with your finances. In fact, one significant case can wipe all your assets. For this reason, you need a friend – umbrella insurance – to protect the assets you have worked so hard to accumulate. 

Buy umbrella insurance today!

Lawsuits are always raining in America. As a result, you need umbrella insurance from Old Pueblo Insurance to cover yourself. If you are looking for this coverage, please contact us. Better yet, you can visit our Oro Valley, AZ offices to speak to one of our agents.

Types of Motorcycle Insurance Coverage

Whether you use your motorcycle as your primary mode of transportation or prefer taking it out for your weekend rides, insurance is essential in keeping you and other motorists safe while on the road. Below, Old Pueblo Insurance discusses the various motorcycle coverage options to consider getting for your rides around Oro Valley, AZ.

Property Damage Liability Coverage

Property damage liability coverage helps you pay for 3rd party costs of property damage after you are involved in an accident. If found liable for the damage, property damage liability coverage ensures that other parties get compensation for their repair and replacement expenses.

Bodily Injury Liability Coverage

Bodily injury liability coverage protects other motorists when you are found liable for their injuries. This policy pays for 3rd party costs of medical bills while also providing compensation for lost income after serious injuries occur.

Medical Payments Coverage

If you get bodily injury harm, medical payments coverage helps you pay for your costs of treatment. This policy also covers your passengers, ensuring all examination and medical bills are taken care of.

Comprehensive Coverage

Comprehensive coverage takes care of your motorcycle damage costs when you are involved in a non-collision accident. Instances that result in the use of this cover include vandalism, theft, hail, and fire outbreaks.

Collision Coverage

Collision coverage protects you when you get into an impact accident and will compensate you for your repair and replacement expenses. Collision accidents will often result from crashes with vehicles and motorcycles or objects such as buildings and poles.

Uninsured/Underinsured Coverage

If you get into an accident with an uninsured driver, uninsured coverage will pay for your costs of injuries and that of your passengers, ensuring you get the appropriate help. Underinsured coverage comes in handy when you are injured by an underinsured driver and will help you offset the resulting balance.

If you reside within Oro Valley, AZ, and need motorcycle insurance, consider getting in touch with Old Pueblo Insurance today. We provide motorcycle coverage suited to your riding needs.

Do I Need Boat Insurance All Year Through?

Most people consider boat insurance necessary during the boating seasons. But what about the off-season time? Many boat owners cancel boat insurance to save money, but are they saving? The truth is that having boat insurance only during the boating season can be expensive in the long run. At Old Pueblo Insurance, we have prepared a rundown of why you need boat insurance all year round. 

Reasons why you need boat insurance all year through

We know that during winter, you will most likely park your boat in the garage. But should you cancel your boat insurance when you are not using your boat? Well, here are some of the common reasons why you should not cancel. They include:

  • The financial lender may require: Boats for sure are expensive. There are high chances of you having financed your boat instead of buying it cash. In that case, lenders need to safeguard their investment all through the year. Therefore, as a boat owner, you require insurance all through the year if it’s loan-financed. 
  • Some risks don’t go on holiday: Mother Nature has no off-season. Your boat is still vulnerable to natural disasters like vandalism, falling objects, fire, theft, and hurricanes, depending on your area. Having proper insurance all the year through can help deal with the repair or replacement cost in case of damage.
  • It’s cheaper in the long run: It’s cost-effective to have boat insurance all year round. Why? You may ask. Most insurance agencies reward you with a reduced deductible each claim-free yearly, not to mention the loyalty discounts given when renewing annual policies.
  • Out of water risk: Some risks quickly occur out of water. Risks like vandalism, accidents, or theft may occur at any time of the year, more so when the boat is parked. Having insurance all year round will help ease such costs. 

Boat insurance in Oro Valley, AZ

If you are a boat owner and consider getting the insurance only during the boating season, think again. The above reasons are good enough to have you carry your boat insurance throughout the year. At Old Pueblo Insurance, we will help you get the best insurance coverage that suits your need at an affordable rate. Contact us today to safeguard your investment.

What qualifies as a “flood” for a flood insurance claim?

Despite having both home and flood insurance policies, many people in Oro Valley, AZ, end up having their claims rejected for not knowing the difference between the two. So, how do you know if you have suffered a flood or water damage? While water does the same damage, water that floods your home is not always directly caused by floods. At Old Pueblo Insurance, we recommend asking your insurer to explain what qualifies flood damage to avoid filing the wrong insurance claim.

What is water damage, and what causes it?

Water damage is usually caused by man-made controlled activities like a tap left open, plumbing problems, broken pipes, flooded air-conditioning unit, or overflowing washing machine. For instance, if you left your taps open and the water failed to drain correctly, it could flood your home and cause damage to your carpeting, electronics, and appliances. Water damage is easier to fix because you only need to find where the fault is and fix it.

Examples of water damage include:

· Rain that enters your home through a leaky roof

· Kitchen that floods due to burst pipe

What is flood damage, and what causes it?

Flood damage is simply damage that is caused by a flooding event. In simple terms, it must rain more than enough to cause a flooding event. This can be a hurricane or a natural disaster where the downpour is too much and happens in a short period of time.

Examples of flood damage include:

· A river that breaks its banks and enters your home.

· Rain that enters your basement and cannot be absorbed by the ground.

Note that heavy rains don’t have to cause floods. If the water enters the house through open windows or a damaged roof, it is considered water damage and not flood damage.

For more comprehensive information about flood damage in Oro Valley, AZ, contact Old Pueblo Insurance.