How Whole and Term Life Insurance Are Different

When choosing a type of life insurance, two basic types are available. There is whole and term life insurance, each with its advantages. These policies both pay a death benefit to the policyholder’s beneficiaries when they pass, but they operate in very different ways. To learn more about life insurance and get started with your own policy, call us at Giles & Iten Insurance in Surprise, AZ.

Whole Life Insurance

One of the types, whole life insurance, has several advantages. Among these is the length of the policy. These policies never expire, so you can keep your policy for as long as you want. While term policies will expire with time, you can keep a whole life policy for as long as you pay for it. Another advantage is that a whole life policy will accrue a cash value. After a few years of having the policy, it will grow the amount of money you can borrow against. This can be incredibly useful in the event of a financial emergency. 

Term Life Insurance 

With this type of life insurance, every policy has an expiration date. The policy expires after a set number of years, and you’re left without coverage. To be insured again, you have to apply for another policy. However, the upside of term life is that it is highly affordable. It’s much easier to afford than a whole life. Many people choose it for this reason. They may not be able to fit the cost of whole life into their budgets. 

Get Life Insurance

Whether you’d like a whole life or a term life policy, we can help. Call Giles & Iten Insurance in Surprise, AZ.

Get a Car Insurance Quote Before Making Your Next New Car Purchase

Many consumers often overlook the cost of insurance when purchasing a new car. With vehicle prices rising, this aspect needs serious consideration. Here at Giles & Iten Insurance in Surprise, AZ, we firmly believe understanding your total costs before making a buying decision is the most effective strategy to prevent unwanted surprises.

How to Get a Quote Prior to Making That Purchase

Once you’ve identified a potential vehicle, give us a call. If possible, provide the VIN and explain to our agent that you’re contemplating buying a new car. Once you’ve got a quote, you can be fully educated about the total cost of owning your desired vehicle, allowing for a more informed decision.

Car Shopping Should Be Fun, Not Stressful

Perusing various models, vehicle types, and the latest automotive technology should be exhilarating and enjoyable. The last thing you want is for your excitement to drop off a cliff when you realize your budget cannot support the vehicle’s combined costs and insurance. The trick is to do some due diligence before making a purchase.

Know What It’ll Cost to Insure Before You Buy

Don’t finalize your decision on a new car before considering the cost of insuring it. For a risk-free quote, reach out to our team at Giles & Iten. We’re here to help you avoid the shock of high insurance costs on your shiny new car. Contact us and get the quote you need precisely when you need it.

How will commercial insurance protect me and my Arizona business?

Surprise, AZ is rapidly growing, not only in terms of its increasing population but also as an ideal place to start or expand a business. As you draw up your business growth plans, it is critical to assess and understand the importance of commercial insurance. A well-rounded commercial insurance policy ensures protection and fortification for your business in many ways.

Mitigating Liability Risks

One of the major ways a commercial insurance plan supports your business is by mitigating liability risks. As the owner, there’s always a risk of being held liable for accidents that result in damages. Without the proper insurance, your business could suffer significant financial losses. However, commercial insurance provides the financial backing necessary in such situations.

Protecting Your Business Assets

Commercial insurance is a significant investment because it also provides protection for your business’s assets. It offers coverage for any business asset that is stolen, damaged, or vandalized, ensuring you have the financial means to perform necessary repairs or replacements without significantly affecting your business operations.

Therefore, if you’re planning to start a business in the Surprise, AZ area, securing the right commercial insurance should be one of your considerations. Contact our experienced team at Giles & Iten Insurance to make the process easier. We understand the importance of commercial insurance and can guide you in choosing the right policy for your business.

What is the benefit of having home insurance in Arizona?

Benefits of Having Home Insurance in Surprise, AZ

Property owners in the Surprise, AZ area have undoubtedly recognized the benefits of their investment over recent years. When buying a home here, it’s critical that you obtain suitable insurance for it. Several advantages and benefits come with having a home insurance policy in this part of Arizona.

Cover Your Home

Getting home insurance in this region of Arizona can protect your home from significant damage caused by factors such as bad weather, fire, or vandalism. Home insurance can provide the necessary financial support at such times, making it a reliable investment.

Manage Liability Risk

A home insurance plan can also help manage liability risks. Owning a home comes with multiple risks, including the possibility you will be held liable if an accident occurs on your property. The right insurance plan can provide you with the support you need to cover damages associated with any claim.

Homeownership can be an optimal housing choice if you’re in the Surprise, AZ, area. If you’re aiming to protect your home, one of the best decisions you can make is to call our team at Giles & Iten Insurance. We appreciate the value of this protection, and we are dedicated to assisting you in building your next policy. This helps ensure that you remain adequately covered and supported at all times.

The Impact of Traffic Patterns on Auto Insurance Rates in Surprise, AZ

In the cityscape of Surprise, AZ, where traffic patterns shape daily life, auto insurance rates follow a distinct rhythm. At Giles & Iten Insurance, we understand how traffic impacts your premiums.

The flow of traffic, coupled with accident frequency, weaves into the fabric of auto insurance pricing. Areas with high traffic volumes often face increased accident risks, influencing insurance costs for drivers. In Surprise, AZ, understanding local traffic patterns can provide insights into the factors shaping insurance rates.

As your local insurance experts, we stay attuned to the cadence of Surprise, AZ, ensuring our clients receive tailored insurance experiences. Navigating the twists and turns of traffic dynamics, our mission is to offer insurance solutions that align with your needs and the local scene.

For a deeper understanding of how traffic intricacies may affect your auto insurance rates or to explore insurance options in Surprise, AZ, connect with Giles & Iten Insurance. Our team is ready to offer expertise, counsel, and personalized insurance solutions, ensuring you have coverage tuned to your requirements. Let us be your partners in securing insurance that aligns with the vibes of Surprise, AZ.

Navigating the city’s thoroughfares can be a complex choreography, and understanding how this dance influences your insurance rates is crucial. At Giles & Iten Insurance, we go beyond the surface to provide insights and solutions tailored to the specific intricacies of Surprise, AZ. Our commitment is to offer insurance coverage and empower you with the knowledge to navigate the roads confidently, knowing you have a reliable partner in Giles & Iten Insurance.

Fleet Insurance Solutions: Comprehensive Coverage for Commercial Vehicles

In the bustling business landscape of Surprise, AZ, Giles & Iten Insurance stands as your reliable partner, committed to providing tailored insurance solutions. Here are some key pieces of information you need to know about comprehensive coverage for your commercial vehicles. 

Understanding Fleet Insurance

Commercial fleet insurance is a specialized coverage designed to protect businesses that rely on a fleet of vehicles for their operations. Whether you own a handful of delivery vans or an extensive fleet of trucks, Giles & Iten Insurance in Surprise, AZ, has the expertise to guide you through the nuances of comprehensive coverage.

Tailoring Policies to Your Fleet

Giles & Iten Insurance understands that each fleet is unique, requiring a customized insurance approach. Our experienced agents work closely with businesses in Surprise, AZ, to assess the specific needs and risks associated with their commercial vehicles.

Key Features of Fleet Insurance:

  1. Vehicle Coverage: Fleet insurance covers physical damage to your vehicles, ensuring that repair or replacement costs are handled promptly in the event of an accident.

  2. Liability Protection: Protect your business from potential financial losses due to bodily injury or property damage caused by your commercial vehicles. Giles & Iten Insurance can help determine the appropriate liability limits for your fleet.

Consult Giles & Iten Insurance Today!

For businesses in Surprise, AZ, Giles & Iten Insurance is the go-to agency for comprehensive fleet insurance solutions. Consult our knowledgeable agents today to discuss your specific commercial vehicle insurance needs. Let us tailor a commercial insurance policy that safeguards your fleet, providing peace of mind as you navigate the roads to business success.

Four important home insurance considerations to take into account

When you select a home insurance policy in Surprise, AZ, it’s essential that you take all the pertinent considerations into account. At Giles & Iten Insurance, we’re here to answer any questions you have about your insurance options.

Here are four important home insurance considerations to take into account. 

Coverage for liability expenses

Home insurance providers typically offer a variety of liability coverage options. It’s best to invest in added liability protection to ensure your assets will be adequately protected in the event of a lawsuit. 

Coverage for personal property

When you buy home insurance, it’s a good idea to have the value of your most expensive possessions appraised. This way, you can be sure that you have enough personal property coverage on your policy to cover the full value of the belongings in your home.

Homeowners with especially expensive items like high-end electronics and jewelry might need more personal property coverage than a standard policy offers. 

Coverage for outbuildings

Do you have outbuildings such as a shed or a guest cottage on your property? It would be best if you didn’t assume that your home insurance covers these outbuildings until you’ve read the fine print.

A standard home insurance policy might limit coverage to the main house alone. If you want your outbuildings to be covered, make sure you discuss this possibility with your home insurance provider. 

Home safety features

Home insurance providers typically perform home inspections before offering insurance coverage.

You might be told by an insurance provider you have to invest in some safety upgrades before you’ll be eligible for insurance coverage. For example, you might need to have repairs done on your plumbing system or have deadbolt locks installed on your doors to get home insurance coverage. 

Shopping around and getting quotes from insurance providers is important when buying home insurance in Surprise, AZ. Call us at Giles & Iten Insurance to get a quote on a policy. 

Seeking Medical Care Abroad: What You Need to Know

Getting sick while you’re traveling can be challenging. You may struggle to speak the local language or be unsure of where to go to receive medical care. At Giles & Iten Insurance, serving Surprise, AZ, our team is proud to provide you with the travel insurance that you need to rest assured that you’ll be taken care of if something goes wrong when you’re traveling. 

Get Travel Insurance

Holding a travel insurance policy is key to helping you get the care that you need when you get sick abroad. This can help to cover pricey treatments that may not be covered by your health insurance when you’re out of the country. 

Familiarize Yourself with Local Emergency Numbers

Whether you’re sick or not, it’s a good idea to familiarize yourself with how to get ahold of a healthcare professional in an emergency. In most areas, a number is equivalent to the 911 system in the U.S. 

Call the Embassy

If you’re traveling and are dealing with a medical condition that a trip to the pharmacy can’t help, it’s wise to reach out to your home country’s embassy for help. They’ll be able to connect you with a local hospital or doctor who can treat your condition. 

Giles & Iten Insurance: Proud to Serve Surprise, AZ

At Giles & Iten Insurance, we help you prepare for the unexpected when you travel. Reach out to us or stop by today to learn how we can help you stay safe whether you’re traveling stateside or abroad. 

Navigating the Road to Mexico: Essential Insurance Tips for Travelers

At Giles & Iten Insurance in Surprise, AZ, we know that our clients love to plan fun trips all over the world. Mexico is a trendy destination, and for good reason. While these types can be a lot of fun, there are a few more important tips that you need to remember. Fortunately, our team is here to provide you with the most crucial travel insurance-related pointers. Be sure to read on and learn more!

Consider Your Specific Trip

You will need to consider the specifics of your trip to choose a policy that works best for your needs. If you are flying into Mexico, you will want a policy that protects against cancelations and delays. You may also want to consider the potential benefits of coverage that offer the necessary protections against medical complications.

Protect Your Baggage

Losing baggage during a trip out of the country is a massive annoyance, and when these issues take place, a traveler is often left with precious little recourse. If luggage is stolen, damaged, or lost, the lack of a helpful policy could come back to haunt you. Take the time to speak with our professionals so that we can offer all of the proper guidance on baggage protection.

Make a Quick Decision

While you should never rush in these instances, it behooves a traveler to buy travel insurance as soon as their tickets have been booked. Several forms of coverage can only be purchased within a certain time frame. To find out more about time-sensitive benefits, schedule a helpful consultation with our team of experienced insurance agents.

If you have any further questions or concerns about a potential Mexico trip, please take a moment to speak with our experienced professionals. The good folks at Giles & Iten Insurance in Surprise, AZ are here to walk you through everything you need about travel insurance.

Is my Chevy Nova eligible for classic car insurance?

Classic car insurance is often misunderstood. Although it has many of the same benefits as traditional car insurance, there are specific differences. However, each insurance agency defines its own eligibility requirements for classic car insurance. Also, it should be noted that not all old cars are eligible for classic car insurance. Our Giles & Iten Insurance team is invested in helping Surprise, AZ drivers understand classic car insurance.

What is classic car insurance?

Classic car insurance is designed for cars between 20 and 45 years old. Like conventional car insurance, classic car insurance provides liability, comprehensive, and collision coverage. However, classic car insurance provides other forms of specialized coverage as well. The car owner and the insurance company determine the value of a classic car. If anything happens to the car, the agreed-upon value of the vehicle that the owner is given. Typically, classic cars must be kept near the original condition with the original specs. However, the individual insurance company determines whether a vehicle meets the insurance company’s eligibility requirements. Also, classic cars aren’t driven full-time. They are typically driven as a second car. Some car models are more likely to be considered classic as well.

I have an old beat-up Chevy Nova. Am I eligible for classic car insurance?

A car’s age is just one of the determining factors when it comes to classic car insurance eligibility. If your vehicle is in poor condition, a classic car insurance company may likely find it ineligible for classic car insurance. Also, some car models receive the classic stamp more often than others. Also, if your older car is being driven as your primary form of transportation, it wouldn’t fall into the classic car category. If you have more questions about classic car insurance, call us. We’d be happy to explain how classic car insurance works.