Does Car Insurance Cover Vandalism?

When we buy car insurance, we know that we’re going to be covered on all the basics. If your car is stolen or you’re in an accident, you have protection. But what about vandalism? If someone spraypaints your car or a baseball goes through the window, but doesn’t actually steal anything, are you protected?

Short answer: Yes. Vandalism will be covered under comprehensive on any legitimate Mesa, AZ insurance plan.

But, it might not always be advisable to go through insurance to cover damages incurred through vandalism. In instances of minor vandalism, you may find that your comprehensive deductible is actually higher than what it would cost you to cover the damages yourself. Acrylic paint may be easy enough to buff out and paint over, and a cracked window may wind up being a cheap, quick repair.

Ultimately, insurance is there to cover the expenses that we cannot easily cover ourselves. It brings peace of mind to know that if your car is stolen, you won’t have to cash in your life savings to replace it on your own dime. But we don’t usually file a claim over a flat tire or a broken mirror because it’s easy enough to handle those damages on our own. The same goes for vandalism. Certainly, if the vandalism has resulted in significant damages, you’ll want to file a claim, but many drivers choose not to when the damages are simple. All the same, it’s good to know that the extra protection is there if you need it.

If you’re looking to get covered, get in touch with Lifetime Investments. We’ll help you to find a plan that works for you.

Are Notaries Required to Carry Notary Insurance?

If you are looking for a job that allows you to be your own boss and set your own hours, you may be looking to work as a notary. Prior to beginning your work as a notary, you may be looking to obtain notary insurance. Here at Lifetime Investments, serving Mesa, AZ., we can help you obtain the insurance you need for your new business venture. Here is some information you should know about notary insurance. 

Notary Bond Insurance

By law, a notary is required to place a bond with the city they are operating within. This bond also referred to as a notary surety bond, helps to cover financial losses to the public as the result of improper action taken by the notary. In the state of Arizona, a notary is required to place a bond of $5,000. If you do not have $5,000 to put up, you can purchase a notary bond insurance plan. The insurance plan will place the bond for you for a small fee, so you don’t have to pay out-of-pocket. 

Notary Errors and Omissions Insurance

The other type of insurance that is available to notaries is errors and omission insurance. This type of insurance protects you against lawsuits in the event you or a client omitted information or an error occurred. This is different than notary bond insurance, which protects the public. Notary errors and omissions insurance protects you. While it is not required in order to do business as a notary in the state of Arizona, it is wise to purchase this insurance product to protect yourself financially. 

Are you ready to purchase the notary insurance you need for your notary business? Contact Lifetime Investments, serving Mesa, AZ. to get answers to any additional questions you may have or to get a quote for notary insurance today.