Month: March 2013

Insurance Discounts Every Coloradoan Should Know

Posted on by AgentInsure

Everyone needs insurance that protects large investments and insures against financial liability for accidents that cause injury or property loss. Several factors determine how much you will pay for auto and home insurance, including the amount of coverage you require and your perceived risk to insurers. Although these factors are not easily changed, there are some discounts available to Coloradoans that could result in savings of hundreds of dollars per year.

Auto Insurance

The easiest way to save money on your car insurance is to drive accident and claim-free for at least three years. During that time, you may be able to expedite your savings by enrolling in a qualified driver’s safety education course. Depending on your insurer, you may qualify for a discount in your premiums of as much as 10 percent or more. Other discounts may be available for installing an anti-theft alarm system on your vehicle or covering more than one vehicle on the same insurance policy.

Home Insurance

Unlike auto insurance, homeowner’s insurance is not mandatory. However, it is the easiest way to protect one of the largest purchases you will ever make. A homeowner’s insurance policy premium may be reduced for homeowners who install monitored smoke and burglar alarms. Others may receive a preferred rate for combining a home insurance policy with auto or life coverage. Alternatively, insurers may raise the rates of homeowners who own trampolines, swimming pools or wood burning stoves, as these are all perceived as increased risk of a future insurance claim.

Finding Discount Home and Auto Insurance in Centennial, Colorado

If you live in or around Centennial, Colorado, the price you pay for home and auto insurance should not break your budget. At our agency, we believe that insurance should be affordable without sacrificing the protection that our customers need. That is why we provide quotes from multiple Colorado insurers to help you choose which policy is right for you. Contact our office today to speak to an independent agent about your insurance rates to find out if we can help you.

The Facts about Small Businesses having General Liability Insurance in Colorado

Posted on by AgentInsure

If you are a small business owner in Colorado, insurance is a way of protecting your financial interests and the future of your company. There are several types of insurance for businesses in Colorado, of which some are required and some are optional. General liability coverage is not mandatory in the state, but most businesses need the protection to guard against injury or property loss lawsuits filed as a result of actions, services or products sold.

Why Purchase General Liability Coverage?

Insurance is designed to protect against the unexpected. Although it is impossible to know how or when you will need insurance, it is a fact that accidents do eventually happen. Whether a customer slips and falls in your store or a failure of a product your store sold, having general liability coverage will not only help cover lawsuit settlements and judgments, but it will also help cover attorney and court fees.

Without adequate insurance, a lawsuit or settlement could drain profits or result in the liquidation of business assets. In some cases, a single lawsuit unprotected by general liability coverage could cause an entire business to shut down, costing the jobs of multiple employees and leaving business owners without income.

Finding General Liability Coverage in Centennial

If you own or operate a business in Centennial, Colorado, it is easy to purchase general liability coverage that meets your coverage needs and budget. By purchasing through an independent agency like us, you will receive quotes for policies from several of the leading commercial insurance providers in Colorado. You can shop and compare rates and coverage to find the company and policy that is right for you. To get your free, no obligation quote or to find out more about general liability coverage, contact our office today.

The Basics of Colorado Homeowners Insurance Laws

Posted on by AgentInsure

In the state of Colorado, homeowners are not required by law to carry insurance to cover their home or their property in the event of a storm or other hazard. Although, if there is a mortgage on the home, the lender will usually require insurance to protect the amount of money owed on the loan. This can be beneficial for Colorado homeowners who have more control over the type of insurance they purchase and how much coverage they pay for.

Most homeowners view their homes as an investment. This makes it essential to take into account the basics of insurance and laws that govern how much protection a home should require. Homeowners who speak with an independent agent in Centennial will find that actual cash value coverage may be the best choice. Since the economy is improving, a home that was bought for $150,000 may now be worth $200,000 or more. If the home was destroyed in a fire or flood, the insurance company will give the policy holder the value of the property at the time it was destroyed, not the amount paid for home.

Another important aspect of homeowners insurance is personal property protection. When comparing quotes with an independent agent, consider the value of the items in your home and make sure you provide coverage for your property as well as the home itself. A knowledgeable agent will be able to find you a great deal on a policy that gives you all of the coverage you need for a price you can afford to pay. Centennial is a beautiful city and the last thing you want to worry about is whether you have enough homeowners insurance coverage. Although Colorado laws do not require this type of insurance, you will gain peace of mind knowing your investment is protected.

Replacement cost vs. Actual Cash Value in Colorado

Posted on by AgentInsure

Insurance is a necessity whether you live in Centennial, Colorado or any other state. Making sure you understand all of the insurance terms is also important. Whether you are protecting your vehicle, your home, or your life, make sure you have adequate coverage in the event of a disaster.

Replacement cost coverage is one type of insurance available in Colorado. Basically, this type of protecting will help you replace your items if they are destroyed in a fire, flood, or other hazard. For example, if you have a fire and your new 55 inch flat screen television is destroyed, actual cash value coverage will give you the money to go out and replace the same size television. This is important if you have had the item for several years or if you bought it on sale and got a great deal. You do not want to settle with downsized items because you don’t have enough insurance for replacement.

Actual cash value insurance will give you the value of the item at the time it is lost. For example, if your laptop computer is stolen from your home, the insurance company will take into account the value of the item at the present time, not how much you paid for the laptop or how much it will cost for you to replace it. You may wonder why anyone would choose actual cash value coverage and the answer is price. This type of protection is less expensive than replacement cost insurance.

Finding a great deal on insurance in Colorado is important. When you work with us as your local independent agent, we will help you find a policy you can afford with all of the protection you need. Don’t sell yourself short. Get the best insurance you can and make sure all of your items are protected.