Shopping for insurance or trying to analyze different insurance proposals? If so, to follow is a list of questions you should DEFINITELY ask your agent when discussing your property & casualty insurance policy. To a knowledgeable agent, these questions can be easily explained or answered.

1. What is the A.M. BEST RATING of the company I am currently insured through? (This is the financial rating giving by A.M. Best Company, an independent Analyst of insurance companies.)

2. Is the company I am insured through an ADMITTED CARRIER in my state? (This means your company falls under the jurisdiction of the Insurance Department, which protects the consumer. If you are currently paying additional taxes and fees in addition to your total premium, you are probably with a non-admitted carrier.)

3. Does my insurance agent have a GOOD REPUTATION with other pawnbrokers and is he/she knowledgeable in this class of business?

4. Does my policy include THEFT (i.e. burglary & robbery) coverage? What are the theft limitations for jewelry and money?

5. Do I have REPLACEMENT COST OR ACTUAL CASH VALUE on my building, tenant improvements & furniture and fixtures?

6. Is my policy written on a SPECIAL PROPERTY FORM including fire, theft, vandalism and malicious mischief?

7. Does my policy include coverage for LOSS OF BUSINESS INCOME and EXTRA EXPENSES?

8. How am I PAID IN THE EVENT OF A CLAIM on my pledged and unpledged property?

9. Can I add OPTIONAL COVERAGES to my policy, if needed, such as, EDP (Computers), registered mail, merchants parcel, or money & securities, etc.?

10. Does my GENERAL LIABILITY coverage include bodily injury, property damage, product liability, FIREARMS product liability, personal injury, fire legal liability and medical payments?

Questions? Call or Email us!
ASK FOR Seth, Laura or Dave
Toll-free (800) 545-5624
Union Life & Casualty Insurance Agency
5225 N. Central Avenue, Suite #110
Phoenix AZ 85012
Phone (602) 277-5555
Fax (602) 265-9763