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Anyone who works with sea-faring vessels should have some form of ocean marine insurance. This type of insurance covers damages to both ships and crew while traveling on ocean waters. Depending on the type of vessel and its purpose, different types of ocean marine insurance can cover different hazar...

Life insurance provides you with peace of mind and your loved ones with financial stability in the event of your death. Life insurance is essential for retirement planning and those with growing families, but the multiple types of life insurance can make finding a policy confusing. The three type...

Term life insurance policies follow set dates to determine the amount of payment and coverage you receive. The exact start point for your term insurance will vary depending on the company you’ve purchased insurance from and the specifications in your policy. Term life insurance has two major st...

Insurance agents and brokers help people find the ideal insurance policies for their lifestyles. They are often versed in various types of insurance and risk management. Though as a client you do not pay your agent or broker, it is still important to hire one who is competent and capable. Consider t...

Water damage is one of the most expensive repairs you could need on your home. Whether it leaks in through the ceiling or your basement floods during the Arizona monsoon season, you may need to spend thousands of dollars fixing your house. To help pay for massive expenses of water damage, you need t...

The insurance process is complex and confusing. Many insurance companies aim to settle claims as quickly as possible and pay as little as possible. To make sure you receive the compensation you deserve, you need to be careful about every step involved in filing a claim with your insurer. One of the ...

Despite fireproofing measures, flame-retardant building materials, and smoke alarms, an average of 358,000 house fires occur each year in the U.S. Home structure fires cause 93% of all civilian structure fire-related fatalities and 87% of all fire injuries. Preventing fires in your own home can grea...

On the surface, insurance companies appear to be in the business of helping people. They provide financial benefits to policyholders in need after traumatic accidents. In reality, insurance companies are in the business of making money. They will do what they can to increase profits whenever possibl...

Insurance companies are in the business of minimizing their risk and responsibilities to policyholders. All insurance companies aim to maximize profits by shirking coverage for injuries, accidents, and property damage whenever possible. Insurers have a long list of reasons they like to use to deny p...

You were in a car accident in Phoenix. You filed your insurance claim, sorted out your medical bills, and are focusing on getting your damaged vehicle back on the road. You’re glad you paid for extended warranties on your car and its parts at the dealership before the crash, and then the dealershi...

One of the strategies an insurance company may use to avoid paying a claim is alleging that a claimant failed to cooperate with the insurer. Insurance companies will try anything to get away with denying, delaying, or underpaying policyholders’ claims. Maximize your odds of compensation by prevent...

Going up against an insurance company can be daunting. They have a team of attorneys trained to find holes in your case. While intimidation tactics are never condoned, they are still used by many companies. In order to recognize these tricks, it is helpful to know some of the most common ways insura...

One of the most difficult and inconvenient issues to deal with after an accident or incident that disrupts your life is having an insurance claim denied. A claim denial is like adding insult to injury. There are ways to push back against the insurance company’s decision and get the compensation yo...

Wildfires have become a significant danger throughout the western region of the United States. Arizona’s dry climate only feeds this issue. Therefore, it is important to know how to file an insurance claim if your house sustains damage from a wildfire. Documentation Is Essential If you have alre...

Many people operate under a false assumption that insurance companies exist to provide relief to those affected by unpredictable tragedies and the negligence of others. The reality is that insurance companies are businesses that exist to turn a profit. When insurance companies pay out on policy clai...

The southern United States recently suffered devastating losses during hurricane season, with several record-setting hurricanes causing catastrophic damage along the Gulf and East coasts. During a severe flood, a state government or the federal government may declare a state of emergency, freeing up...

Insurance companies operate as businesses; therefore, they exist to make money. Their products are essentially paid promises. An individual purchases an insurance policy and pays a monthly premium to maintain coverage under that policy, and the insurance company promises to cover the policy’s cont...

No one plans on an invader robbing his or her home, but it does happen. Many of us just assume it won’t happen to us. Still, we all have some kind of home or renter’s insurance to protect our belongings. However, it won’t matter if you can’t prove what you had. The key to recovering from suc...

Your home is a big investment and your roof is one of its most important and expensive components. After all, it covers your home and protects it from the vagaries of mother nature. You should know what options you have regarding insurance claims. Here are some things you need to know about your roo...

Despite the clear advantages to purchasing life insurance, many people often procrastinate when it comes to actually committing to the idea. These are some of the reasons why. Price One barrier to buying life insurance is the price. Many consider it too expensive to add to more pressing needs in ...

Water damage can wreak havoc on a home. In fact, you might not even know about water damage until you notice mildew, mold, or rotting wood in your household. Remediation can be expensive, so it’s essential to know what kinds of damage are covered under your policy. While every policy is different,...

A home renovation can improve the home’s value while providing more functional living space for your family, but did you know it could affect your homeowner’s insurance policy? Anything that changes the structure of your home or its use could affect your coverage. Here are some common examples o...

Cleaning up after a fire can be a daunting prospect. After all, fire is responsible for only part of the damage to your home or business – many individuals also have to contend with water damage and smoke damage throughout their homes. While fire may not have damaged all your possessions, there is...

Hailstorms are not for Arizona citizens to take lightly. Hail has caused significant property damage and serious personal injuries throughout the state. Hailstorms occur when rainwater droplets in a thunderstorm exceed the freezing level. This creates hailstones, which can grow as more water droplet...

Earthquakes occur when a sudden release of energy from a moving tectonic plate causes seismic waves that shake the ground. Earthquakes can cause extreme damage, taking lives and destroying homes. Hundreds of people have suffered property damage from earthquakes over the years in Arizona. Statistics ...

Your own property takes enough time and effort – your neighbor’s trees probably aren’t on your radar. If one falls on your car or home, it suddenly becomes your problem however. Whether a bad storm led to the tree falling or if your neighbor simply lacks skill with a chainsaw, learn who may be...

You faithfully pay your homeowner’s insurance premiums on time and in full – but you never thought you would have to use your policy. If you have recently survived a fire in your home, you may be feeling devastated and confused. These feelings are normal, as is the apprehension about filing a cl...

While most homeowners enjoy fire protection under their homeowner’s insurance policy, business owners must purchase additional coverage to protect their investment from fire. Your fire insurance policy plays an integral role in protecting your business, but these policies vary from company to comp...

Being involved in an accident, no matter how minor, can be both stressful and confusing. Whether you’re dealing with injuries or just property damage, the insurance claims process can be long and frustrating, especially when someone else’s negligence was to blame. If you recently incurred injury...

Insurance “twisting” and “churning” are types of bad faith actions that involve an insurance company persuading policyholders to surrender policies or let them lapse only to replace the policy at the detriment of the policyholders. Most people use the terms interchangeably, but insurance “...

When a policyholder passes away, insurance companies don’t always take it upon themselves to search for surviving beneficiaries. Although insurers have access to death records, they often don’t take notice of policyholder deaths and delay payouts as long as possible – until the beneficiary mak...

Not all vehicle damage comes from car crashes or high-speed collisions. Sometimes, your vehicle sustains damage while parked. Your vehicle is a sitting duck, vulnerable to all types of expensive damage. A hailstorm might crack your windshield, a vandal may decide to strike, or a tree might fall. Sin...

When you signed up for your current life insurance policy, you had the means to pay the premiums. Now, you’ve lost your job or taken on extra financial responsibilities and you can no longer afford your premiums. Does this mean your insurance company will drop your coverage? Not necessarily; howev...

Life insurance can provide your family with financial support after you pass away. It is a smart financial strategy that many people with beneficiaries use to cover unexpected expenses or serve as inheritance money. Life insurance can pay off final costs, repay debts, replace income, pay taxes, or e...

After a loved one passes away, the last thing a surviving family member wants to deal with is bad news from a life insurance company. Unfortunately, life insurance companies deny claims all the time – sometimes for valid reasons, other times for no reason at all. If you’ve recently received a cl...

Filling out insurance forms for any type of property damage can be an intricate and complex process. Insurance companies do not make it easy for policyholders to recover for damages. When completing insurance claim forms for water damage in your home, it can be easy to make a detrimental mistake –...

Filing an insurance claim can be confusing. Legal jargon, fine print, and red tape can get in the way of a settlement you genuinely deserve. Insurance companies do not make it easy for policyholders to file claims. If you don’t understand the form you are filling out in its entirety, you risk a re...

A cruise ship may be a vacation spot, but it’s a property like any other – it can be home to personal injury accidents such as slips and falls, illnesses, and food poisoning. Knowing your rights after a cruise ship injury can be difficult. You may hear that your ticket acts as a contract, signin...

After a damaging accident, one of your first courses of action is to repair the property damage to your vehicle, home, or other property. Once you notify your own insurance company (or the company of the other driver) of your losses, it will assign an insurance claims adjuster to your case. The adju...

If you recently lost a loved one, you may have come across the phrase “life insurance contestability.” After the death of someone who provided you with financial support, the insurance company may delay or even deny your life insurance claim due to something called a “period of contestability....

Life insurance offers financial security to loved ones after death. For years, people have considered life insurance policies before getting married or having children. Today, some insurance companies also sell life insurance to cover children. While juvenile life insurance makes sense for some fami...

During a bad faith case, the defense may raise several arguments, including adherence to the statute of limitations, breach of contract, and genuine dispute. The genuine dispute defense asserts that the action in question was not an act of bad faith but rather a reasonable mistake. Bad faith only oc...

The state of Arizona imposes a general two-year statute of limitations on most personal injury and bad faith claims. While the state adheres to a statute of two years, your insurance contract may include a different agreement. Wronged policyholders must understand their policies to ensure the viabil...

The Employee Benefits Security Administration (EBSA) is a branch of the United States Department of Labor. The Department of Labor oversees the working conditions in the United States and ensures that American employers follow all applicable safety regulations. The EBSA also manages workers, retiree...

Disability benefits exist to help people who cannot work maintain their standard of living. In most cases, disabilities develop over time due to wear-and-tear from daily work or medical conditions. Sometimes injuries cause permanent disabilities that prevent the injured person from returning to work...

The Tax Reform Act of 1986 changed many aspects of the U.S. tax code, and included the introduction of the Kiddie Tax. Before the kiddie tax, children’s income, either earned or unearned, was taxed at a lower rate than income earned by adults. This encouraged many parents to put their assets in th...

Critical illness takes a great toll on a family, financially and emotionally. Medical expenses, live-in care costs, and the stress of financial burdens can make an already delicate situation worse. Cancer, heart attack, stroke, and other critical illness patients need a financial solution to facilit...

Most life insurance policyholders do not fully realize what having this type of insurance means. Several myths surround life insurance policies, perpetuating harmful misconceptions. Instead of believing everything you hear about life insurance, find out the truth for yourself. Make an informed life ...

Long-term care (LTC) insurance can mean the difference between struggling and living comfortably with an illness, condition, or permanent disability. LTC insurance covers home care, assisted living, nursing home facilities, adult daycare, and hospice care. LTC insurance for home care typically pays ...

For the last several years, a national campaign has pushed for changes to state laws to allow a business the right to “opt out” of statewide workers’ compensation laws and instead write its own to best care for its injured workers. Advocates of this change believe allowing businesses to write ...