Flood Insurance Options for Arkansas Residents

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Flood insurance is a separate insurance policy from your primary insurance policy. Here are the key facts about flood insurance and how Affordable Insurance Inc. in Mountain Home, AR can help.

What is Flood Insurance?

Flood insurance is a kind of coverage that is separate from your homeowners’ insurance policy. In most scenarios, flood insurance is not mandatory. However, if you live in a high-risk flooding area, such as Mountain Home AR, this insurance might be required. 

What Does Flood Insurance Cover?

Flood insurance is coverage for your dwelling and personal belongings in the event they are damaged by flooding. Dwelling coverage includes, but is not limited to:

  • Detached garages
  • Attached structures
  • Construction materials
  • Ranges, refrigerators, and built-in appliances (ex. central AC, garbage disposal)
  • Hot water heaters
  • Light fixtures
  • Built-in cabinets, bookcases, and cupboards
  • Awnings and canopies
  • Permanent carpeting

Flood insurance also covers personal property insurance, which includes:

  • Removable carpets
  • Washer and dryer
  • Personal belongings owned by you, your household, or guests
  • Valuable items (collectibles, artwork, jewelry) 

Other items that are covered by flood insurance include the cost of debris removal and loss-avoidance measures, such as the cost of removing property before a flood and sandbags.

What is Not Covered by Flood Insurance?

There are certain things flood insurance does not cover, such as:

  • Decks, fences, and patios
  • Additional living expenses
  • Currency, precious metals, and stock certificates
  • Swimming pools and septic tanks
  • Personal property that is stored in crawl spaces or basements
  • Cars and self-propelled vehicles

Flood Insurance Coverage Limits

Coverage limits for flood insurance that are sold through the National Flood Insurance Program (NFIP) insure a specific amount for building property coverage and a certain amount for your personal property. You can also purchase a flood insurance policy that covers only your personal property. You might be able to attain higher coverage limits with private flood insurance.

Contact Us Today

Affordable Insurance Inc. in Mountain Home, AR is here to provide you with flood insurance options that suit your needs. Contact us today to learn about the insurance services we provide.

How Condo Insurance Works

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Condos are a great way to own your own home. They require their own type of insurance that takes into account their unique parameters. When you own a condo, be sure to get condo insurance to protect yourself financially. If you need condo coverage, give us a call today at Affordable Insurance Inc in Mountain Home, AR.

Protection for Your Condo

For condo owners, the condo often represents their largest investment, and this should be protected. If an incident happens to your condo and causes it damage, your condo policy can pay for the repairs so that it’s back to normal condition soon. There are many types of incidents, such as certain disasters, that can cause major damage to your home. When damage happens from a covered incident, you are financially protected with condo insurance. 

Coverage for Your Belongings

Condo insurance also includes protection for your belongings that are in the condo. If a damaging incident happens that is covered by your policy, your condo insurance will pay for the items that were damaged or destroyed. These items can be expensive to replace, and it’s important to have this coverage just in case. 

Liability Protection

As the owner, you are likely to be liable for any accidents that happen to someone who is inside your home. This is a risk that condo owners can mitigate by having condo insurance. It includes coverage for bodily injury liability in case of an injury to a third party. This pays for the resulting medical bills as well as other costs such as lost wages. You need this coverage to prevent your own economic emergency from high medical bills. 

Condo Insurance Protection

When you own a condo and you don’t have the proper insurance policy for it, give us a call at Affordable Insurance Inc in Mountain Home, AR.

Benefits of Life Insurance in Mountain Home, AR

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With life insurance, there are a lot of benefits to be had in Mountain Home, AR. Whether you’re looking for coverage for yourself or your family, some policies can fit your needs.

Here are some benefits of life insurance:

1) Protection From Financial Hardship

If something happens to you and you have no life insurance, your loved ones may experience financial hardship. With the money from a life insurance policy, they can cover your funeral costs and any other expenses. This can help them avoid going into debt or struggling to make ends meet.

2) Peace of Mind

You can rest easy knowing that you and your loved ones are taken care of financially if something happens to you when you have life insurance. This peace of mind can be priceless. Consider that you can’t put a price tag on knowing it takes care of your family if something happens to you.

3) Retirement Planning

Many people use life insurance as part of their retirement planning. If you have a life insurance policy with a significant death benefit, you can use it to help fund your retirement. This can be a big help, especially if you don’t have saved up a lot.

4) Estate Planning

Another use for life insurance is in estate planning. If you have a life insurance policy with a significant death benefit, you can use it to help pay for your funeral costs and other estate expenses. This can be a big help for your loved ones. An Affordable Insurance Inc agent can work with you to find the right life insurance policy for your needs.

There are many benefits to having life insurance in Mountain Home, AR. If you’re looking for coverage, be sure to talk to an Affordable Insurance Inc agent. They can help you find the right policy for your needs. Call today!

Preventive care and health insurance

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Affordable Insurance Inc is here to help the residents in the larger Mountain Home, AR area meet all of their insurance needs. We want to ensure that our community has the protection that insurance can provide.

Benefits of preventative care when it comes to health insurance

Having a good health insurance policy is a great way to ensure that you get the preventive care you need. When you have a policy that covers such services, many people find that they are more likely to seek preventative care. 

You are more likely to detect a condition or illness that could soon turn serious with preventative care. As we all know, catching and treating many conditions early on is an effective way to prevent them from becoming more serious.

If you want to enjoy good health for many years, receiving regular and thorough physicals is a great way to start. Choosing a health care plan that allows you to receive preventative care at little or no cost is an effective way to continue enjoying good health.

We all want to protect our health and wellness, and receiving preventative care that is right for your situation and lifestyle is one great way to achieve that goal. Please don’t wait until it’s too late to protect your health. Act now and protect your wellness by receiving the preventative care that best meets your needs.

Don’t delay. Call today!

Affordable Insurance Inc is here for our friends and neighbors in the Mountain Home, AR area. If you have questions about health insurance, we are here to help. Call or stop by our office today!

Choosing the Right Vehicle for your Family

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If you are shopping for a new vehicle for your family it is likely that your top priorities are safety, comfort, affordability, style, and performance. Keep reading to learn helpful tips for choosing the right vehicle for your family. 

If you are shopping for a small family vehicle, your options are limitless. Although you will want to avoid vehicles with limited trunk space or poor safety reports, you’ll have a large selection of affordably priced sedans, wagons, and SUVs to choose from. When shopping for a vehicle, it is important to first decide what are your must haves. For most people shopping for a family vehicle safety, reliability, roominess, and comfort will be your top priorities. 

Shopping for a new vehicle has never been easier with online resources in abundance. From authoritative websites to blogs, you’ll have no trouble creating a shortlist of the vehicles you are interested in. The car buying process has long been fraught with headaches and frustrations – usually because of pushy car salespeople. Luckily, you can now do much of the shopping online and can even purchase a vehicle through websites like Carvana. When you’ve narrowed down your vehicle list, it’s now time to research the available models and trim options which can be done from the manufacturer’s website. Next, don’t overlook doing a test drive as this is the one and only opportunity to drive the vehicle before buying it.

Buying a new car should be exciting and at Affordable Insurance Inc in Mountain Home, AR we want to support you in that process. Once you’re ready to make a purchase, give us a call and we’ll walk you through your auto insurance options. 

Types of commercial insurance most businesses should have

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At Affordable Insurance Inc in Mountain Home, AR, we understand the risks that all businesses face. Our job is to help our clients to manage their risks in a way that allows them to grow their business while protecting their assets. As independent insurance agents, we are able to offer more choices in coverage to help protect your business. We can offer you the benefit of our experience and also more choices with multiple carriers. 

Workers compensation insurance

Workers’ compensation insurance is good for both employers and employees. It protects employees in the event they are injured while doing their job. It provides medical benefits as well as lost time payment. It also has death benefits and permanent disability coverage. In Arkansas, if your business has three or more employees, you are mandated to have workers’ compensation insurance. 

Commercial liability insurance

One serious risk every business faces is being sued. More than 30% of businesses will face legal action in any given year. That makes it a risk your business has to consider mitigating. Commercial liability insurance will help to pay a judgment against you and also for the legal assistance you need. Given the risk level, it makes good sense to carry this affordable coverage. 

Commercial property insurance

If you own the building that houses your business, commercial property coverage is a must, but even if you are a renter, you have an awful lot of property that is necessary for you to do business. Whether it is machinery, office equipment, electronics, tools, records, raw materials, or inventory, they all need to be protected. Read your policy to make sure exactly what is and isn’t covered. You want to make sure you have the protection you need. 

Contact Affordable Insurance Inc in Mountain Home, AR to get your personalized commercial insurance.

Equipment Breakdown Coverage: What It Is and How It Can Help Your Business

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Regardless of the industry, you’re doing business in, you will be unable to move forward with your business and make money if you suffer an equipment breakdown. In situations like these, equipment breakdown coverage as part of your overall commercial insurance policy can come in handy. Affordable Insurance Inc wants to share more information about equipment breakdown insurance with Mountain Home, AR residents.

What Exactly Is Equipment Breakdown Coverage?

When you have a commercial insurance policy for your business, equipment breakdown coverage, equipment breakdown coverage is an additional yet optional coverage option. The main purpose of this coverage is to cover any cost of repairs/replacements of malfunctioning or damaged equipment. Depending on your exact policy, it could reimburse you for lost income as a result of the failure.

For example, if you are a restaurant owner, it would be impossible to cook food, provide lighting for the space, or run your payment systems if there is a power outage. If this outage lasts for several days, you may end up dealing with spoiled inventory. In the end, you could be out thousands of dollars or more. Equipment breakdown coverage can come to the rescue.

What Kinds of Situations Are Usually Covered?

Equipment breakdown coverage can cover anything from mechanical issues and faulty equipment to unexpected HVAC breakdowns. Almost anything that causes your business to be shut down and no longer able to serve clients or customers is typically covered. If you are curious about a particular situation, don’t hesitate to speak to an insurance agent.

For more specific commercial insurance questions related to your individual business in Mountain Home, AR, contact us at Affordable Insurance Inc today.

Getting your home ready for the cold weather

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As the temperature goes down and the thermostat goes up, it is time to get your home ready for the cold weather.  As the days get shorter and you get out the sweaters, scarves, and mittens, it’s time to think about all the things that you need to do before the winter winds hit. At Affordable Insurance Inc in Mountain Home, AR, we have been striving to provide the finest in customer service since 1995. We realize that happy customers are the foundation of our business.

Clear outdoor areas

If you have faucets that you use outdoors in warm weather, the danger of freezing weather becomes a reality. It is time to drain them and shut them off. While you are at it, bring in any hoses that might be outdoors. Time to take the outdoor lawn furniture and store it away until the warm weather returns. 

Get the furnace cleaned

Before it is time to turn on the furnace, it should be inspected and cleaned. This makes it more efficient and you won’t get an unpleasant surprise the first time you turn it on. Check the batteries on your carbon monoxide detector and smoke detector. 

Clean the chimney

If you have a fireplace, cleaning the chimney is a must before you light your first fire of the year. This is a job best done by a professional. 

Check for leaks

Get a caulk gun and check your windows and doors for places where the heat can escape. A little caulk can save you a lot of money. 

Change from screens to windows

If you have been using screens during the warm weather, it is time to put down the storm windows. This goes for storm doors too. 

Contact Affordable Insurance Inc in Mountain Home, AR to talk about your home insurance needs. 

How Does Renters’ Insurance Work?

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When you rent your home, you need insurance on it to keep yourself protected from a number of financial dangers. Unlike home insurance, your renters’ insurance doesn’t cover the home itself. That coverage is the responsibility of the actual owner. Renters’ insurance instead offers a number of different types of protection all in one policy. If you need a renters’ policy, call us today at Affordable Insurance Inc in Mountain Home, AR.

Protection for Your Belongings

Most of what you own is likely in your home, and it should be protected by insurance. Many people seek out renters’ insurance specifically because it protects their possessions, though it does offer a number of other kinds of protection. When a covered event happens, such as a disaster, and your items are destroyed or damaged by it, your renters’ insurance policy will pay for the items to be repaired and/or replaced. This coverage is valuable for every renter. No one wants to have to start over after a big incident ruins their things. 

Accommodation Protection

If something does happen and your rental becomes unlivable, it can be tough to afford to go somewhere else to live while it is being fixed. However, this is exactly what your renters’ insurance policy will pay for. It will help you to move and to stay somewhere else until your rental is habitable again. This is an important protection for your standard of living. It can also prevent you from having a financial disaster if you do have to live elsewhere for a while. 

Get Your Renters’ Policy

If you rent, renters’ insurance is a must. It may even be required by your landlord. If you don’t yet have a policy for your rental, contact us today at Affordable Insurance Inc in Mountain Home, AR to find out more. 

How Does RV Insurance Work?

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Recreational vehicles are a great way to travel, and they can serve as your home away from home. Recreational vehicle insurance is a unique type that covers both the home part of the vehicle and the truck part. If your RV doesn’t yet have RV insurance, give us a call at Affordable Insurance Inc in Mountain Home, AR to find out more.

RV Classes

The RV policy that you get has a lot to do with which class of RV you own. Each RV belongs in one of three classes based on its size and design. Class A is the largest of these classes with RVs included that can be up to 75 feet long. These are usually converted buses and motor coaches of the type often used for group travel. Class B RVs are among the smallest of these vehicles. The design with these does not have an area over the cab. These RVs tend to be travel trailers, campers, etc. RVs in class C are vehicles that are created by using a cargo van and blending it with a camper section that extends over the cab. Before you get an RV policy, tell your insurance agent which class your RV is in. 

Full-Time and Part-Time Insurance

Your RV insurance policy is also decided by how often you use it. There are RV policies for those who live in their RV full time as well as those who use their RV regularly or occasionally. Full-timer insurance is generally more expensive since the RV will constantly be in use. The age of the vehicle and its make also factor into your policy and its price. 

Get RV Insurance

Your RV should always be covered by RV insurance, so don’t let a day go by without it. Contact us at Affordable Insurance Inc in Mountain Home, AR.