If you are a renter, then you need to read this article. Typically, the owner of the building is responsible for any loss to the building. The building owner is not responsible for your personal belongings.

Renter’s insurance is a homeowner’s policy for non-homeowners. It covers loss of your personal property, such as clothes, furniture, computers etc. It covers losses due to theft, fire, wind and many other events that might cause damage to your personal property.

You can also design the renter’s policy to provide liability coverage, should you cause injury to a third party. In some cases landlords require such coverage.

A renter’s policy can go a long way toward protecting you financially if you suffer misfortune. Best of all, you don’t have to own your home to qualify for protection. Renter’s insurance is very affordable, and can be designed to meet your individual needs.

You don’t believe in the Loch Ness Monster. You don’t believe your friend caught Jaws fishing off the Florida coast. So why do most boaters believe boat insurance covers them wherever they go?

Progressive surveyed more than 1,000 boat owners. It uncovered a few insurance myths floating around. Here’s a sample of the findings and the facts behind each:

Myth: Everyone pays more for insurance because of the hurricanes from a couple of years ago.

Reality: Even though it’s believed by 74 percent of respondents, it isn’t true. Boat insurers generally price policies based on claims in each state. For example, Ohio customers won’t pay more for insurance because of hurricanes in Florida.

Myth: Boat insurance covers me anywhere I decide to go boating.

Reality: Seventy-six percent of respondents believed this one. The reality is some insurers only provide coverage where the boat is used most. Insurers may limit coverage to 100 nautical miles of your home port. Progressive provides coverage virtually anywhere you decide to go in the continental U.S. and Canada.

Myth: I’ll get a better insurance rate if I buy from the same company that insures my home or car.

Reality: Buying more than one product from the same insurance company doesn’t mean you get the best rate – even though 45 percent of respondents thought so. Boaters can save by shopping around and combining specialized policies from different companies.

“It’s important to understand what’s available,” said Dominic Mediate of Progressive. “You want to be properly protected in case your boat is stolen, you get into an accident or contents are damaged. We’re separating fact from fiction so boaters can make the best insurance decisions possible.”

For more information about boat insurance, contact Colorado Insurance at 720-283-1722.

There’s nothing like cruising down the open road on your motorcycle – the wind in your hair and a few bugs in your teeth.

Before you hit the highways and byways this season, make sure your insurance policy is up to speed so that you and your bike are protected.

Here are a few tips from the experts at Colorado Insurance:

1. Make sure your insurance policy is still in force. Some companies have a winter layaway period when some coverages are restricted. Check with your insurance company to see if you have any type of limited coverage.

2. Update your policy. Let your insurance company know about any changes like additional riders, a new address or customized parts. A quick call to your independent agent can secure coverage that meets your needs.

3. Cover customized parts. Parts such as chrome plating, a new paint job, saddlebags or special rims usually increase the value of your bike. If you’ve added custom parts or equipment, make sure they’re protected.

4. If you don’t need it, drop it. If you own an older bike, check its value. Don’t pay for coverage that you don’t need. Consider dropping collision coverage if the premium equals 10 percent of the bike’s market value. Understand, however, that you won’t be covered if your bike overturns or collides with another object.

5. Shop around. Prices can vary from company to company, so shop around. Another tip: If you purchase comprehensive and collision coverage, consider raising your deductibles. This can lower the cost of your physical damage coverage.

To find out more about specialized motorcycle coverage please call us at 720-283-1722.

Before you take your motorcycle on the road or put your boat on the water, it may pay to be certain your insurance is ship-shape.

Motorcycles and boats are often significant investments, and the right insurance policy can help protect them. Here are a few tips, courtesy of Colorado Insurance:

• Evaluate your specific needs. Insuring a boat or a motorcycle is different than insuring your car or home. A specialized motorcycle policy, for instance, can provide coverage for custom paint jobs and aftermarket equipment that might not be covered if the bike were just added to a generic auto policy.

• Similarly, a specialized boat policy could cover things like the cost to replace lost or damaged fishing gear and costly services such as emergency on-water towing and fuel-spill cleanup. You probably wouldn’t get this coverage by adding a boat to a homeowner’s policy.

• Consult with an independent agency – like Colorado Insurance. Unlike “captive” agents who represent only one company, independent insurance agents and brokers are licensed insurance professionals who represent several companies. They can offer you a variety of coverages, review and evaluate your policies, suggest new coverage options that meet your changing needs and answer your questions.

“An independent insurance agent or broker can make sure you have the specialized coverage you need to protect your boat or bike,” said Jim Lloyd, of the Progressive Group of Insurance Companies. “Some insurance companies provide only bare-bones protection for your boat or motorcycle by simply adding it onto your existing auto or homeowner’s policy, but independent agents and brokers can review and evaluate your needs to help match you with the company that will provide you with the combination of specialized coverage, service and price that’s best for you.”

To learn more about Progressive Boat and Motorcycle insurance, contact us at 720-283-1722.

Most people never get around to reading their insurance policies.

Honestly, who wants to?

You expect us as your agent to read it and we have! But we’re here to tell you the most important part about your policy isn’t in your policy. In fact, it’s not even written down!

But if it were written down, it would say something like this:

“We’ll pay your claim if it’s covered no problem… We’ll even pay two claims… But we’re not going to wait around to pay a third claim.”

In other words, insurance companies tell you what’s covered but not how many times it’s covered.  Most companies industry-wide will only pay on 2 claims before they decide to non-renew your policy.

It’s awful when we see a customer cancelled for submitting “too many” claims, especially dinky little ones. And we don’t want this to happen to you.  Call and discuss the claim with us prior to filing, it’s what we are here for!

Fact is, not asking the insurance company to pay all your claims – even though you are contractually entitled – is a strategy that can save you money now and over the long-run… and keep you insured in case of a real emergency.

Please call us to review your deductibles and talk about your personal “dollar tolerance level” before you ask the insurance company to take over any loss.

Colorado Insurance is an independent agency. This means we don’t work for any one specific insurance company. We have access to many markets, giving us the ability to shop your account and search the market for the best option for you. With captive insurance agents, like the big national companies, you only get the guidance of one company that sells one brand of insurance. With an independent insurance agent, like Colorado Insurance, you may get as many as five choices or more. There are a number of benefits to working with us:

• We will work with you to make sure your claim is processed to your satisfaction
• We provide a number of coverage options
• We are not obligated to any one company
• We search the market for the best combination of price and coverage
• We are committed to exceeding your expectations
• You are who we answer to, not a board of directors in New York
• We are licensed professionals with strong customer and community ties
• Colorado insurance is your one stop shop; we offer a complete line of insurance products
• Our staff is qualified and trained to explain coverage in understandable language
• We can review coverage and make necessary changes based on your needs

When you work with us, we will give you unbiased advice.  As an independent insurance agent we are very knowledgeable about all the companies in the marketplace. We know which companies have the best track record when it comes to pleasing their policyholders. We can narrow your options down and help you choose between the best insurance companies in the market. Not all insurance agents are the same! Choosing the right one can make a big difference – in price, service, and value. Our agency has a proven track record, we live here and we understand the needs of our neighbors.

Do you have your home insurance with one company and your auto with another?  When you were shopping for those policies did you go from carrier to carrier seeing which one would give you the best rate?  If you answered yes to either or both of those questions, please contact us today.

Benefits of Bundling

There are many companies that adjust their insurance rates to attract homeowners who need to insure not only their cars, but also their homes and their toys. With that said, there are other companies that can beat them on price if it’s left to a head-to-head price check on a single line of insurance (such as auto or home).

At Colorado Insurance, we represent some of those companies that offer “multi-policy discounts” to attract customers who will need more than one type of insurance. These companies offer a cheaper rate to insure both your house and car than if you insured each one separately at different companies. The same goes if you add a second car or a toy (RV, snowmobile, ATV) – the discounts keep adding up.

How much Can You Save?

Of course, rates always depend on where you live, the value of your home and car(s), driving habits, personal health and so forth. But when you end up bundling your policies, the amount of money you can save is jaw dropping.  9 out of 10 of our clients save $500 or more every year because with Colorado Insurance we 1) shop you through 12 carriers and 2) get you the multi-policy discount.

Bottom Line

When you combine all of your policies with one insurance company through us, it will save you money and time compared to having a variety of carriers. In addition it’s important to remember, that when one company is handling all of your policies, it’s less time that you must spend sorting through and paying each policy. And you know what they say: time is money.

]]> http://www.buycoloradoinsurance.com/bundle-your-insurance/feed/ 0 http://www.buycoloradoinsurance.com/do-you-have-proper-auto-insurance/ http://www.buycoloradoinsurance.com/do-you-have-proper-auto-insurance/#comments Wed, 30 Jan 2013 21:21:04 +0000 Colorado Insurance http://www.buycoloradoinsurance.com/?p=1679 Continue Reading]]>  

Using the right tool for a job is key to success in any profession. Experts say the same principle applies when selecting an auto insurance policy. Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is involved in an accident.

If you’re a business owner and you or your employees use a vehicle for business-related deliveries or to carry certain materials to and from a job site, you may need a commercial auto insurance policy that’s tailored to more closely suit the needs—and risks—of a business vehicle operator.

Here are some questions that can help you determine if you might need a commercial auto policy instead of a personal auto policy, courtesy of Colorado Insurance:

• Do you need more liability coverage than your personal auto policy provides? Generally, a commercial auto policy provides higher limits of liability, but less or no coverage in areas that are typically not associated with commercial auto risks.

• Do you need special coverage for situations associated with con-ducting business? Commercial auto policies also usually offer certain coverages—such as hired and non-owned auto coverage and coverage for towing a trailer for business use—that are not available with personal auto policies.

• Do you need to list any employees as drivers? You can do this with a commercial auto insurance policy.

• Do you use your vehicle for business purposes? If you use your vehicle for things like pizza or newspaper delivery, catering, door-to-door consulting service, landscaping or snowplowing service, logging business, day care/church retreat van service and/or farm-to-market delivery, you might need a commercial auto policy.

Colorado Insurance is an independent insurance agency – trained, licensed insurance professionals who offer personal service and advice. We can help match you with the type of policy that best suits your needs and those of your company.

To learn more about what our agency offers, email us at sales@buycoloradoinsurance.com or give us a call at 720-283-1722.

The reason for these increases, which come as a surprise to most people, are a direct result from losses in hail and fire storms in Colorado the past few years.  You should recall some major fires in Fort Collins and Colorado Springs, along with many others that have equaled up to hundreds of millions of dollars in losses.

“Insurance premiums are not impacted by a single disaster but based on claim patterns and trends over a period of years,” said Carole Walker, executive director of the Rocky Mountain Insurance Information Association.

Click here to get a free quote started!