Can I save money by not insuring my toys during the winter, when I can’t play anyway?

As a grown-up, you love your toys and you want to take good care of them.  But if you live in Centennial, CO, you probably put your summer toys in storage during the winter, and your winter toys in storage during the summer. 

You may have wondered if you need to keep your policy effective while your toys are stored away. You may even be wondering if your property insurance through Compass Insurance might cover any damages that occur in the offseason. 

Maintaining Protection 

Whatever you decide, you need to make sure you have adequate protection. Most property insurance will cover some part of damages if you store your boat in the garage, for instance, but there will probably be a limit that isn’t close to the value of your boat.

Another thing you really need to consider is if you still have a loan on the item you need to insure. If your toy is the collateral for the loan, one of the conditions of the loan will be maintaining full coverage on the property. 

You Probably Won’t Save Money by Canceling for the Summer 

The insurance policy was probably already priced in such a way as to take into account the fact that the item won’t be used year round. Paying for just a few months will probably just cause you to incur a higher monthly rate. You can also get a discount for paying six months or a year at a time. 

If you want to find the best policy for your toys in Centennial, CO, you can see that there are a lot of variables. Call Compass Insurance today for a free quote. 

What Types of Motorcycle Insurance Do You Need?

Before you can ride your motorcycle in Centennial, CO, you need to insure your vehicle. Colorado establishes some basic minimum requirements for motorcycle insurance. Using these requirements can help you figure out what type of motorcycle insurance you need, and what type of optional insurance you should consider. Compass Insurance can help you figure it out.

Colorado Minimum Motorcycle Insurance Requirements

In Colorado, you’re required to have liability coverage for your motorcycle. You need liability insurance for:

  • Bodily injury to a person
  • Bodily injury to multiple people
  • Property damage

Liability coverage will help pay for injuries to passengers and others in an accident. Also, liability covers damage to another’s personal property in an accident. If you ride without at least the minimum coverage, you can face fines and other penalties.

Colorado’s Optional Insurance Options for Motorcycles

Minimum coverage leaves out a lot of potential eventualities. You can broaden your motorcycle coverage with additional insurance packages. Some examples include:

Collision and comprehensive coverage – Helps pay for damage to your own vehicle.

Medical payments coverage – Helps pay for your own injuries.

Uninsured and underinsured motorist – Helps pay for accidents with someone who has inadequate or no insurance.

Other insurance options exist for motorcycle coverage as well. Choosing motorcycle insurance that fits your specific riding activities is important for new riders and experienced ones.

Colorado’s Other Requirements for Motorcycle Riders

Beyond insurance requirements, note that motorcycle riders under 18 years old require a helmet when riding. Riders 18 and over do not require a helmet, but your insurance company will appreciate it if you wear one. Also, some form of eye protection is mandatory for all riders.

You need insurance and you need to carry proof of your insurance at all times in Centennial, CO. The minimum requirements are a good start, but consider adding more protections for yourself, your bike, and others. Contact Compass Insurance today for more information or a quote on motorcycle insurance.

How Much Boat Insurance Do I Need If My Boat is in Storage?

Boat owners in Centennial, CO normally store their boats to keep them from being exposed to the harsh Colorado winters. At Compass Insurance, the agents can offer suggestions for protecting your boat while it is in storage. Just like having insurance for your car, you want to reduce your risk as much as possible even when your boat is not in use. Storage insurance can protect you from loss even when your boat is not on the water. 

Storage Insurance

Storage insurance will protect your boat while it isn’t in use. Because there is less risk of liability while your boat is in storage, those amounts can be reduced until it is put back into action. Storage insurance can vary depending on how much protection you want. If you are putting your boat in a storage facility, you may choose to leave the liability insurance in place in case of an accident while the boat is being moved.

Reduce Your Risk

Before you put your boat in storage there are several things you can do to reduce your risk of loss or damage. Shrink wrapping your boat will protect the interior from falling debris while winterizing the motor will keep it from freezing in the extreme Colorado temperatures.

If you live in the Centennial, CO area and plan on storing your boat, call the agents of Compass Insurance today. They can answer any questions you have about storage insurance and how it can protect your boat from various types of risk. Contact their office and talk to one of the agents for the most up-to-date information possible.

Snowboarding Tips to Avoid Accidents and Injuries

Snowboarding in or around Centennial, CO is a fun sport for people of all ages and experience levels. Like any sport it is important to be safe and aware of your surroundings. If you are new to snowboarding there are some safety measures that you need to be aware of before you hit the slopes. Here are a few tips to help you avoid accidents and injuries while snowboarding.

Dress Appropriately

Simply being outside in the cold and snow can be uncomfortable, but traveling down a slope at a high rate of speed can quickly increase the cold as well as your risk of injury. It is extremely important that you wear the appropriate clothing and snow gear to prevent the risk of frostbite, sunburn and hypothermia. It is best to wear a few light layers of clothing instead of one heavy layer, which can restrict your movement. It is also essential that you wear eye covering, gloves and a hat and for some people, such as young children, a helmet is highly recommended.

Know the Slope Safety Rules

Safety is the number one priority when snowboarding, especially if you are new to the sport or have never been on a snow slope. It is essential that you are in reasonably good shape, which will help you retain your balance, without overworking your muscles and risking injury. To prepare for snowboarding, its best to stretch your muscles and do warm-up exercises before starting. As a beginner, you should never go alone and always start on the smallest slope, preferably with an instructor’s guidance.

Before you pack up and head off for your snowboarding adventure, it is important to make sure all of your insurance is up to date, including your health insurance and snowboard coverage. Be sure to talk with your insurance agent about what type of coverage you will need in the case of an accident or if something, such as theft occurs to your snowboard.

Residents of Centennial, CO who want to learn more information about snowboard insurance coverage, should contact Compass Insurance.

Boat Insurance Checklist

When getting insurance for your boat in Centennial, CO, there are some things to keep in mind. It is a smart idea to have a checklist in order to make sure you are getting the coverage you need. An agent at Compass Insurance can help you find the right insurance for your situation.

What Does Your Insurance Cover?

Comprehensive coverage will normally cover theft, accidental loss, or damage.

Do You Have Replacement Costs Covered?

If you want to replace your boat after an accident, you will need to have coverage that is for close to the current market value of your boat. You can adjust to account for depreciation at each renewal.

Lay Up Options

If you are not using your boat during a specific period of time, then you may be able to use this type of insurance so you can get a discount on your policy. You must keep in mind that you won’t be covered for any damage to your boat during this period.

Geographic Limits

Your insurance policy will have certain physical and water limits. If you want to take your boat around the country, you need to have a policy that will cover anywhere.

Trailer Coverage

If you have a boat, you likely have a trailer that goes with it. It’s a good idea to have coverage for your trailer, along with your boat insurance policy.

Accessory Equipment

This coverage should include your navigation equipment, lighting, and stereo system. A good policy will have coverage up to a certain amount and then have the options to purchase additional coverage.

No Mileage Restrictions

You don’t want coverage that restricts your mileage from where your boat is garaged or stored. Many policies should cover at least 75 miles and give you the option to increase if you need to.

Contact Compass Insurance serving Centennial, CO to find the right boat insurance.

What is Snowboard Insurance?

Visitors from all over the world come to the Centennial, CO area to enjoy the pristine mountain snows. A snowboard insurance policy from Compass Insurance ensures winter sports enthusiasts are protected throughout their adventure. What is snowboard insurance? Why do you need it?

What It Is

Snowboard insurance is a travel insurance product. Like all travel insurance policies, it protects vacationers financially in a number of different scenarios.

  • Baggage coverage pays for lost, damaged, or delayed luggage, including your snowboard and ski equipment. If your baggage is simply delayed, this coverage provides funds to purchase temporary replacement toiletries, clothing, and other essentials until your goods are recovered.
  • Cancellation coverage ensures you won’t lose your entire investment if your plans change at the last minute. All cancellation reasons may not be covered. Check your policy for specific details.
  • Medical coverage helps pay for treatment if you’re hurt during your getaway.
  • Emergency repatriation coverage pays the costs associated with search and rescue missions if things go wrong.
  • Equipment coverage pays for replacements or repairs on your skis and snowboards.
  • Trip interruption coverage reduces your lost investment if you have to cut your vacation short.
  • Travel delay coverage reimburses you for any extra expenses incurred due to problems with transportation. If you miss a connecting flight and need to stay in a hotel room overnight, this coverage will pay you back.

Snowboard insurance protects your financial investment in leisure activities. Coverage is available for different lengths of time. Those who travel frequently may consider buying a more permanent policy with fuller coverage options. It’s best to purchase your snowboard insurance policy as early as possible. This gives you the best coverage for possible cancellations and other potential inconveniences.

Planning a winter getaway in the Centennial, CO area? Contact the experts at Compass Insurance for more information on protecting your leisure time with snowboard insurance.

4 Things to Know About Home Insurance

Getting home insurance is an important part of life, but it’s vital to get that insurance from a trusted company that you can rely on. Insuring your Centennial, CO home through Compass Insurance can give you peace of mind, so you can enjoy your home and not worry about whether you’re protected. If you’re not sure about the policy you’re getting, you can also talk to the knowledgeable agents at the insurance company to make sure you’re making an informed decision. Reviewing your policy periodically is important, as well, and with the right agent that’s much easier to do. Here are four other things you need to know about home insurance.

1. If you have a mortgage, you need a home insurance policy to protect you and the lender who holds that mortgage.

2. It’s generally good to have a policy for full replacement cost, in case of a total loss of your home.

3. The right agent and company can help you get the best policy for your needs, so you have enough coverage but not too much.

4. Even if your home is paid for, insurance is important to protect your investment and keep that investment safe.

Overall, you want to have a strong policy that protects your home from issues that could arise. If you work with the right company, you’ll have a much better chance of that and less to worry about. That higher level of peace of mind can be a good way to focus on the things that matter most to you, instead of worrying about your house. By insuring your Centennial, CO property through Compass Insurance, you have a great opportunity to get the right policy for your needs and keep your investment protected both now and in the future.

All about Snowboard Insurance Coverage

Snowboarding is both a recreational and professional activity that has grown its popularity in winter sports. The need for a specialized insurance to cover snowboarders is what led to the emergence of snowboard insurance. It’s intended to protect you from any unforeseen circumstances during your snowboarding activities. If you are interested in snowboarding, you’ve probably invested a lot in buying the necessary equipment, and insuring them with snowboard insurance from Compass Insurance is the most logical way to protect them and enjoy your snowboarding activities worry-free.
 
Even though snowboarding is a fun winter activity, accidents from this sport can be very severe, ranging from wrists to head injuries. It’s not mandatory to have snowboard insurance in Centennial, CO, but even so, it’s important to protect yourself from unknown risks. Some of the coverage options you can choose from include: 
 
Medical expenses: Covers you from any injuries sustained while snowboarding by taking care of the medical expenses. It can also include emergency rescue services such as air ambulance.
 
Loss of use: Coming in the form of monetary value, this part of your policy compensates you for the days that you’re incapable of snowboarding due to bad weather. 
 
Personal Liability: Covers you against any liability claims if you cause bodily injury or property damage to someone else during your snowboarding activities.
 
Equipment cover: It’s common to lose or damage snowboarding equipment like boards, boots, bindings, helmets, and much more. A good snowboard insurance should be able to cover you from such losses.
 
Whether you plan to snowboard all year round or just go for a single trip, Compass Insurance offers customized snowboard insurance that fits every snowboarder’s needs. Choosing the right coverage may be challenging, so, let our knowledgeable local agents help you understand what works for you. We service the areas of Centennial, CO and its environs. For more information, contact us today.

Should Expert Snowboarders Get Snowboarding Insurance?

At Compass Insurance, serving the greater Centennial, CO area, we are often asked many questions about snowboarding insurance. Here is a bit of information that those planning a snowboarding trip should know about this type of insurance. 

What is Snowboarding Insurance?

Snowboarding insurance is a type of vacation insurance. It does two main things. First, it helps to insure your trip in case of bad weather. If your flight is canceled or weather is so bad you cannot snowboard, snowboarding insurance helps to offset the costs so you are not out the money. For example, if your flight is canceled, it may be too late to cancel your hotel costs. The trip insurance portion of the coverage kicks in, covering the hotel expenses for you so you are not out the money. Secondly, snowboarding insurance covers your medical expenses if you are injured while snowboarding. This includes things like helicopter or ambulance rides to get you off a mountain quickly. 

Should Expert Snowboards Get Snowboarding Insurance?

Those who are expert snowboards may find themselves wondering if this is a type of insurance they need. This type of insurance can be beneficial, even for experts. Expert snowboards are just as likely to encounter bad weather which can wreck havoc on their trip or cause their flight to be canceled as anyone else. Secondly, while expert Snowboarders know how to snowboard, they can still injure themselves while engaging in this activity. As such, it can benefit them to carry this type of insurance going into their snowboarding trip. 

If you are a beginner snowboarder or an expert one, snowboarding insurance can be beneficial to you. Contact Compass Insurance, serving the greater Centennial, CO area today to price out the cost of insurance for your upcoming snowboarding trip. 

Does Boat Insurance Cover Damage To The Dock

Every property owner knows that accidents do happen. Your boat may bump into items on the way you did not see or suffer damage due to undercurrents. There is no cause for alarm; Compass Insurance Group has you covered when your boat collides with another boat or the dock as a result of strong winds or other factors in the Centennial, CO area.

Liabilities associated with collisions and dock damage are covered by most boat insurance plans. A lender may require insurance coverage for people with existing boat loans to safeguard their financial investment from liability for any loss until they’ve received full payment. Although some states do not require boat insurance, it is a requirement in most marinas for people docking their boat.

Boat Insurance Coverage

Most of the docks and other structures a boat collides with are built in such a way to withstand such impact, but it may eventually sustain damage due to other factors like climate change. As a result, accelerating while certain roping is still attached to the dock may cause damage. It is essential to maintain adequate boat insurance to handle costs incurred by such accident.

It is important to note that most insurance policies have coverage limits. Most insurance firms require you to carry out routine maintenance checks on boats and docks to ensure that they are structurally sound.

It is necessary to regularly update your insurance policy and maintain a high value that can cover all possible types of losses. It is desirable to be able to file an insurance claim than to have to handle liability and the cost of repairs from your purse. You can learn more about our policy at Compass Insurance Group and obtain needful coverage for enhanced boat protection in Centennial, CO. Securing the right boat insurance is key to having a pleasant boating experience.