Best Homeowners Insurance Agencies in Goodyear, AZ

Goodyear, AZ Homeowners Insurance Agency FAQs

• What are the factors that affect the cost of homeowners' insurance premiums in Goodyear?

  Homeowners' insurance premiums in Goodyear can be affected by several factors, such as the size, value, and location of the residence, the policy deductible, the owner's credit and claims history, and the insurance company's reputation. The premium will also depend on the types of insurance coverage needed. This may include dwelling, personal property, liability, and water damage coverages.

• What are the risks that are not covered by homeowners' insurance policies in Goodyear?

  In general, coverage for flood and earthquake damage and high-value belongings is not automatically included in a standard homeowners' insurance policy in Goodyear. Coverage for structures that are separate from the main house and protection against routine wear and tear are also not included. However, homeowners may choose to include additional coverages or endorsements to pay for these risks.

• How does replacement cost and actual cash value affect your homeowners' insurance claim in Goodyear?

  When choosing a homeowners' insurance policy in Goodyear, you can base it on replacement cost or actual cash value. If you choose to set your policy on replacement cost, the insurance company will pay for the amount needed to repair or replace your damaged residence. On the other hand, if you decide to go for actual cash value, the insurance company will only pay for the current market value of your home.

• How do you file a complaint against an insurance company or agent in Goodyear?

  In Goodyear, you may file a complaint with the Arizona Department of Insurance and Financial Institutions if you suspect that your insurance company or agent violated state law. You need to scan and save an electronic copy of the front and back of your insurance card, all pages of your policy, and your correspondence with the people involved in the case. File a complaint online and call (602) 364-2499 or send an email for further inquiries.

• What is the difference between named and open peril homeowners' insurance policies in Goodyear?

  In Goodyear, open peril policies pay for your personal property and dwelling in every case, unless excluded in writing. On the other hand, peril policies cover losses that are named and listed in the homeowners' insurance. These may include the following:

  • Fire and lightning
  • Hail or windstorm
  • Explosion
  • Civil commotion
  • Aircraft Other standard named perils are vandalism and malicious mischief, volcanic eruptions, accidental water heater damage, and theft.