Renting a Car with Your Existing Auto Insurance

Renting a Car with Your Existing Auto Insurance

When you need to rent a vehicle while traveling, the car rental agency asks to see your auto insurance policy. If you don’t have full coverage, they may ask you to purchase a temporary policy that brings you up to the full coverage level or they might require it. Does your auto insurance already meet the car rental agency requirements? Giles & Iten Insurance serving Surprise, AZ wants to explore that with you, so you don’t have any surprises when you rent a vehicle.

Rental Agency Requirements

When you rent a car, truck, or SUV, the rental agency wants to know that your insurance covers all possible accidents that could occur. They’re more worried about their own investment than they are about the other drivers’ vehicles. That means they want to know that you already carry full-coverage insurance.

The rental car company wants you to carry comprehensive and collision coverage in addition to your liability and property damage coverage. That’s because your property damage coverage doesn’t cover their vehicle even though it isn’t owned by you. When you rent from them, you effectively become the temporary owner of the vehicle you drive, so your property damage coverage only covers the other drivers and vehicles on the road.

That means that your minimum state-required coverage won’t cover what the rental agency needs it to cover. The rental agency will use its own requirements which will include collision and comprehensive coverage. The difference is that the car rental agency won’t offer reasonable rates for its collision and comprehensive coverage. You’ll pay quite a bit higher of a premium for coverage that only applies to the rental car.

Contact Giles & Iten Insurance serving Surprise, AZ for more information on how to upgrade your insurance before your trip, so you can save money and protect your own vehicle, too.

How will commercial insurance protect my business?

Owning a business comes with risks, regardless of the industry you operate. As a business owner, your main goal is to suppress these risks that may interfere with the success of your business. One sure way of achieving this goal is investing in commercial insurance. Commercial insurance is that safety net that protects you financially against unfortunate occurrences like vandalism and fire.

To that end, procuring commercial insurance for your business is a worthwhile decision. At Giles & Iten Insurance, we are committed to helping our clients get the right insurance that suits their needs. If you are in Surprise, AZ, here is why you should invest in commercial insurance.

Protects your assets

If you are a business owner, you must value your assets like equipment or furniture. One unthinkable event could destroy all your assets. But commercial insurance offers the required coverage that replaces your assets.

Protects your employees

An ailment or work injury from a worker can cause a substantial financial constraint to your business. Luckily workers’ comp insurance covers such incidences, protecting your finances. 

Offers liability protection

Your customers could get injured at your workplace or maybe get sued due to a product or service defect. Legal fees don’t come cheap. That’s why commercial insurance is crucial for everyone in business, regardless of the industry.

Protects the image of the company

Most people are more likely to associate with a business that has insurance than those without one. They want to be sure of compensation in case of an unfortunate event. Commercial insurance gives you that added advantage when pitching for business. 

The law requires it

Most states, including Michigan, require that every business with employees invest in some aspects of commercial insurance. Operating without the state-required business insurance could lead to hefty fines that could damage your finances.

Commercial insurance near me

Commercial insurance is a no–brainer for every business owner. Make sure you get the right insurance to be well protected. If you are in Surprise, AZ, and its environs, don’t hesitate to get in touch with Giles & Iten Insurance for an affordable quote.

Common Myths About Home Insurance

Home insurance is one of the best and most reliable protection of your home. Even though it is not required in the state of Arizona, it is still recommended to carry it to protect your home and yourself. There are many myths associated with home insurance, and Giles & Iten Insurance, an insurance company that services clients in Surprise, AZ and other nearby towns, decided to provide a list of a few of them: 

Myths About Home Insurance

Here are a few most common existing misconceptions about home insurance:

  • Home insurance is required by law. First, this requirement depends on the state. There are many states that do not require home insurance, and the state of Arizona is one of them. Therefore, if you own a home in Arizona, it is your personal decision, whether to buy it or not. 
  • It is expensive to carry home insurance. Yes, in general, home insurance is not cheap. However, many insurance companies constantly offer different discounts to make home insurance more affordable. 
  • Home insurance covers flooding. Many homeowners think that they do not have to purchase additional flood insurance – their homes will be protected. However, in reality, floods and damaged caused by them are not covered by standard home insurance. In this case, to be properly covered, they need to purchase separate flood insurance. 

There are many other moths associated with home insurance that should be debunked. If you live in Surprise, AZ or any other surrounding area, you should contact Giles & Iten Insurance for more information. Our insurance company specializes in all types of insurance, including home insurance as well.  

Should You Get Travel Insurance Before Going to Europe?

With many Americans searching out European vacations, many people wonder what kind of insurance is necessary before traveling to a foreign country. Europe is a huge continent, and you want to make sure that you have protection no matter where you go.

Do you want to make the most of your trip and ensure that you have all the resources you need? Giles & Iten Insurance, which serves Surprise, AZ, understands your concerns. Here’s why you should consider buying travel insurance before a European vacation.

Travel Insurance Allows You to Cancel Your Trip

If something happens that should prompt you to cancel your trip, you may be able to recover some of the costs with a travel insurance policy. Trip cancellation is common after sickness, the death of a loved one, or a recent natural disaster. With travel insurance, you simply have more flexibility with your plans.

Travel Insurance Allows You to Delay Your Trip

If, for some reason, you need to delay your trip home, perhaps due to bad weather or an airline issue, you may need to cover the costs of hotels and meals during the remainder of your stay. Each policy kicks in at a different time period, so it is important to read policy documents.

Travel Insurance Allows for Trip Interruptions

Your trip may be interrupted due to an emergency at home or sickness. Travel insurance may provide assistance with some of the changes you have to make to your schedule, which could include new travel tickets and hotel fees.

Travel Insurance Can Help With Personal Belongings

Your personal belongings that you travel with could become lost, stolen, or damaged in transit. Many policies offer help with these types of expenses.

Travel Insurance Is Recommended

While you do not need travel insurance to visit Europe, it is recommended that you do have it. It can provide protection for many expenses you could face. If you still have questions, Giles & Iten Insurance serving Surprise, AZ can help you find a good policy.

Mexican Insurance FAQs

If you are crossing to Mexico with a car, you may need to know a thing or two about Mexican insurance. Luckily, Giles & Iten Insurance of Surprise, AZ, got you covered when it comes to insurance matters. We offer numerous insurance coverages, ranging from auto, commercial, home, life, boat, and RV insurance. But today, we are answering questions you might have about Mexican insurance. 

Why do I need Mexico auto insurance?

When driving your vehicle on highways and other public roads, you are required to have at least liability insurance issued by a Mexican Insurance Company. Mexico doesn’t recognize foreign auto coverages, so your US car insurance may not protect you when you are involved in an accident in Mexico. 

Must I buy Mexico Insurance even if my domestic auto insurance has a Mexico endorsement?

Many insurance agents bordering Mexico offer a Mexico endorsement that covers you within certain miles from the border. But remember, this coverage is limited to the number of times you enter Mexico. Plus, it covers physical damage to your vehicle but not third-party claims. 

So, even if you have a Mexico endorsement, you should add third-party coverage that conforms to the authorities’ requirements. And one more thing — you need to buy Mexican insurance before entering Mexico.

Can a Mexican national drive my car? Will the policy cover them?

It’s a definite no. Mexicans are not legally required to drive a foreign-registered vehicle. And because it’s not legal, then it’s an exclusion for your Mexican insurance. 

How can I buy Mexican insurance?

Buying Mexican insurance is easy with Giles & Iten Insurance based in Surprise, AZ. After providing us with a few details, you will be on your way driving to Mexico. Please visit our website page today to get started.  

Advantages of Classic Car Insurance

Classic cars are not only fun to drive, show and collect, but they are also a great investment. Some people collect as a hobby to preserve history, while others just love the luxury they bring. Whichever reason motivates you to have a classic car, you should consider insuring it. At Giles & Iten Insurance serving Surprise, AZ, we understand how important a classic car is, and so we have outlined some of the advantages you can enjoy by insuring your classic car.

Protects the Value of Your Car

Usually, the average car will lose value with time once bought. However, a classic car either maintains its value or increases with time. When you insure your vehicle, you get into an agreed-upon value of the car with the insurance company. Therefore, if the car gets totaled, the insurance company will give you the amount you agreed upon, hence protecting your car’s value.

It is Affordable

Most of the time, classic car owners are cautious on the road. In addition, the car is used once in a while as it is not the car for your daily errands or commute. That is why classic car insurance is affordable if you compare it to buying coverage for a new car.

Liability Coverage

Another advantage of classic car insurance is that it offers you liability coverage. Driving a classic car does not mean you might not get into an accident. Just like with new cars, this coverage is significant.  When you get into an accident where you are at fault, liability coverage will help cater for things like medical expenses for the injured party.

If you live in Surprise, AZ, and want to learn more about classic car insurance, you can reach Giles & Iten Insurance. We will ensure you enjoy the above advantages and much more through insuring your car.

Add-Ons for RV Insurance in Arizona

Arizona is a state that loves its RV lifestyles, whether you are full-timers or just love the open roads on your time off in life. When you have your own RV, you will want to have RV insurance that meets your every need.

At Giles & Iten Insurance, we want Surprise, AZ residents to feel protected when they are on their road trip adventures. We know that you are excited about this time, and we don’t want you worrying about it any more than you have to. 

Bodily injury and property damage are basic minimums for RV insurance. There are a number of things you can add-on to your Arizona RV insurance so that you have the most coverage that you need.

Liability Coverage

This coverage on RV insurance will protect you in the event that you are in an accident on the road. This will pay for damages of other drivers or people that are involved. It could cover property damage, medical, and court costs for you.

This could also be used in the event that someone that doesn’t live there has an accident in your RV.

Comprehensive and Collision Coverage

These coverages are often added to policies as the next level of coverage after minimum requirements. Comprehensive insurance and collision insurance will protect you from losses to your property. Collision coverage is an add-on protection that comes after you’ve been in an accident and protects you from property damage.

Comprehensive coverage will also cover you for losses and damages that are caused by something other than collision. That could include fire, theft, vandalism, or a natural weather act which is defined by the policy.

Get a Quote

There are a number of other add-ons that you can get with RV insurance in Arizona. At Giles & Iten Insurance, we help Surprise, AZ residents design the best RV insurance policy for their lifestyles. Call us for a quote today.

What is Umbrella Insurance?

Umbrella insurance provides extra coverage to supplement your basic policies. It’s often called catastrophic insurance. If you have a claim that exceeds your standard policy limits, umbrella insurance will cover the difference. At Giles & Iten Insurance in Surprise, AZ, we offer umbrella insurance in addition to standard policies. 

What is Umbrella Insurance?

Umbrella insurance is a type of personal liability insurance. It’s usually sold in increments of $1 million dollars up to $5-10 million. The policy typically covers everyone in your household. 

Examples of Umbrella Insurance Claims

One example of an umbrella claim is a car accident involving several other vehicles. You are found liable, and the costs of the accident exceed your auto policy coverage limits. The umbrella policy would pay what your auto policy doesn’t cover. 

Another example is your child getting into a fight at school and injuring the other child. Her parents sue you for medical expenses and potentially pain and suffering. This wouldn’t be covered under your standard auto or home policy, but it would be covered under an umbrella policy. 

Umbrella Insurance Isn’t Only for the Wealthy

Umbrella insurance may seem unnecessary if you don’t have $1 million in assets. However, if you are sued, you could lose more than your current possessions. Your assets could be seized and your future wages could be garnished. Umbrella insurance can help prevent a financial catastrophe that would be difficult to recover from. 

Umbrella Insurance Requirements

Umbrella policies require you to have homeowner’s and auto insurance policies. The coverage limits required will vary based on the insurer. You must meet the minimum requirements for coverage limits for your home and auto policies to purchase umbrella insurance because umbrella insurance only pays when you reach the coverage limits on your primary policy. 

Umbrella Insurance at Giles & Iten Insurance

In today’s world, it makes sense to have an umbrella policy. Liability claims can easily exceed coverage limits, leaving you to pay the difference out of pocket. If you are looking for umbrella insurance in Surprise, AZ, contact Giles & Iten Insurance today. 

Do I need to get life insurance?

In the Surprise, AZ area, there are going to be several types of insurance coverage that the typical person will need to have. One important form of coverage that many people should consider getting is life insurance. There are a few reasons why the average person in this area of Arizona will need to have a life insurance plan.

Coverage Protects Dependents

A common reason that anyone will want to have life insurance is that it can protect their dependents. If you have people that you support, you will want to ensure they are cared for financially even if you were to pass away. With life insurance, you are going to get the protection you need. You can build a plan that will provide a financial insurance benefit that will be sufficient to cover their living costs and other expenses you want to be included.

Coverage Can Provide Investment Advantages

You should also consider getting a life insurance plan due to the investment benefits that they can provide. With a whole life insurance plan, you can receive the advantages of life insurance coverage while also enjoying a low-risk investment alternative. With this protection, some of your monthly payments will build into an account and provide interest income to you along the way. 

Picking a life insurance plan is never easy. As there are different options and many factors to consider, those in Surprise, AZ should call Giles & Iten Insurance when they are looking for a new insurance plan. Giles & Iten Insurance understands the different options that you have and can give the support you need to build and choose a new plan. If you do call them, you can learn more about the different options and choose an insurance plan that will work for you. 

Who needs to get auto insurance in Arizona?

The Surprise, AZ area can be a very fun place to live in. If you enjoy warm weather, there will always be a lot to do outside. To ensure that you can enjoy the area as much as possible, getting your own car is a good idea. Along with a car, people need to get auto insurance for several reasons. 

Those that Want to Drive

The first situation when someone will need auto insurance in Arizona is when they want to drive. All vehicle drivers in this state are required to carry liability insurance whenever they are on the road. This rule essentially all people on the road at all times as it ensures that the other party in an accident can pay for damages. If you do not have this coverage, you could be facing serious penalization. 

Those that Take Out a Loan

You will also need to get an auto insurance plan if you intend to take out an auto loan. As cars can be quite expensive, taking out a loan to finance the purchase is often necessary. If you have decided to take out a loan to buy the car, you will have insurance rules that need to be followed. To protect their collateral, most lenders will require that you get collision and comprehensive coverage.

If you want to get an auto insurance plan when you are in the Surprise, AZ area, calling Giles & Iten Insurance can be a good option. The insurance team that is with Giles & Iten Insurance understands the value that comes with this insurance coverage. They can help you assess your policy needs and build a plan that will protect your vehicle and ensure that you are in compliance with our insurance obligations.