Even with a full coverage auto insurance policy, there are additional add-ons that you can purchase to make it the perfect fit for you. Talking with your independent insurance agent in Wheat Ridge, CO, you can count on CO Insurance Specialist to provide the necessary answers and products.
A full auto coverage policy will include liability coverage, collision, and comprehensive coverage. These will protect your vehicle from accidents and other things that can damage it. But there are a few add-ons that you can supplement your policy with.
Buying a new car loses much of its value as soon as you leave the dealer. If you have put down a small down payment and have a large car loan, having gap coverage can keep you from owing money to your lender beyond what the insurance company pays you.
When your car doesn’t start or gets a flat tire, it is nice to be able to call and have someone come and do the repair for you. The cost of this coverage is quite a lot less expensive than auto-club coverage.
Rental car coverage
If your vehicle is damaged in an accident or another non-collision event, it may be in the repair shop for a while. While it is there, having a rental car is a big plus. To get a rental car, you need to have rental car coverage.
Full glass coverage
If you have comprehensive insurance, you will have some glass coverage, but you will have to pay your deductible. If you have full glass coverage, you won’t have to pay a deductible, and you will be able to get your windshield easily repaired or replaced.
Contact the CO Insurance Specialist of Wheat Ridge, CO when you are ready to update your auto insurance.
Purchasing a home is a life-changing decision. It, therefore, calls for serious considerations, such as how your investment would be protected in case of an emergency. One of the best ways to protect your home is to get home insurance coverage. Insurance may not help prevent emergencies such as fires and floods, but it can provide much-needed financial resources to rebuild after such crises. This article looks at some things to remember when buying a home insurance cover in Wheat Ridge, CO.
1. Consider Different Types of Insurance
There are several types of homeowners insurance policies. These include:
- Basic Policy Form: The HO-1 policy covers your home and personal property for their actual price.
- Broad Form Policy: This policy covers your home from specific perils, as covered in the form. It is also referred to as the HO-2 policy.
- Special Form Policy: Covers your home against all perils except those specifically listed as exclusions. It is also known as the HO-3 policy and is among the most popular.
- Comprehensive Policy: Also referred to as HO-5 policy, it covers your home against all perils except those specifically listed as exclusions. These assets are covered for their replacement cost.
- Modified Coverage Form Policy: This policy covers your home from perils specifically listed in the policy form. It is also called the HO-8 policy.
2. Ensure Correct Valuation is Done
Correct valuation of your home is a critical step when buying home insurance cover. If your home is undervalued, you get less than the replacement value at the time of claim in the case of an emergency.
3. Consider the Deductibles
Deductibles are the amount you pay out of pocket at the time of claim. It is important to go for an affordable deductible.
4. Consider Discounts
Several things can help you earn discounts on your insurance. These include safety installations such as CCTVs, proximity to police stations, etc.
5. Get Advice from a CO Insurance Specialist Agent
One of the most important things you should do is consult a CO Insurance Specialist. Located in Wheat Ridge, CO, these agents have an immeasurable wealth of knowledge and experience in the Colorado insurance industry and can guide you to getting the best fitting cover for your home.
Contact CO Insurance Specialist today for more information on how to get the best insurance cover for your home.
If you own a classic car that you have restored or invested money in, you may not realize that regular auto insurance may not fully cover the value of your restored or rebuilt car. This is why you may need classic car insurance. Unfortunately, the staff at CO Insurance Specialist, serving the greater Wheat Ridge, CO area, have seen that many people have never heard of classic car insurance or make the mistake of insuring their classic car with regular auto insurance. Here are a few reasons why you should have classic car insurance versus standard auto insurance for a rebuilt classic vehicle.
Classic Car Insurance Covers Your Car Based on an Agreed Upon Value
Traditional auto insurance values vehicles based on their Bluebook value. They do not consider that some older vehicles may be worth more if they are restored or rebuilt. When you purchase a classic car insurance policy, you and the insurance company agree on the value of your classic car, ensuring your vehicle is insured for its true value.
Classic Car Insurance Covers Add-On or Aftermarket Parts
Another reason why classic car insurance is essential to have is that classic car insurance helps to cover add-on parts or aftermarket parts. These parts can be pricey, but they are not usually covered under regular auto insurance policies. Classic car insurance covers these expensive parts you have purchased for your car.
If you have a rebuilt or restored classic vehicle, traditional auto insurance may not value the car as high as you do. This is why classic car insurance is so important. If you have a classic vehicle in the greater Wheat Ridge, CO area, the team at CO Insurance Specialist can help you obtain classic car insurance. Reach out to us today to get started.
Homeowner’s insurance is something that many people take for granted until the time comes when they need it. A homeowner’s insurance policy can help cover losses and expenses when disaster strikes. The right policy protects from losses due to fire, theft, vandalism, falling objects, and more.
Natural disasters happen more often in Wheat Ridge, CO than some think. When you experience such a traumatic event, there’s a good chance that your home won’t be the only thing damaged. Many homeowners insurance policies today offer protection from damage to personal belongings, such as clothing, furniture, and electronics. They may also cover expenses that may come with a crisis, such as hotel stays for displaced residents or money for food when kitchens are no longer usable. In the event of a loss, your insurance company may also cover the costs for damage to your property.
Homeowners insurance can help you recover financially after a disaster, but you need to ensure that enough insurance covers you to protect your house and property. You’ll want to ensure that you have replacement coverage, which will help pay to replace your property if it’s damaged or destroyed. You’ll also want to ensure that you have liability coverage in case someone is injured while on your property. Another important type of coverage is personal property coverage, which will help pay to repair or replace your belongings if damaged or destroyed. You may even want to add a floater policy if you own certain valuables, such as jewelry and collectibles.
To ensure that your coverage is sufficient in case of home or property damage, reach out to CO Insurance Specialist today. We can inform you of available policies, add-ons, and more.
Anyone that lives in the Wheat Ridge, CO area will want to know that they have an efficient way to get around. Owning a vehicle can ensure you can get around and enjoy all that the community offers. If you purchase or lease a vehicle, getting auto insurance will be a necessity. There are various reasons why this coverage should be considered necessary.
Mandated as Legal Requirement
Anyone in this part of Colorado will need auto insurance because it is mandated as a legal requirement. If you are going to drive any vehicle in this state, you need to meet the set insurance standards. This will typically require that you at least have liability coverage. If you have leased the vehicle or taken out a loan, the financing company will also require collision and comprehensive protection.
You also should get an auto insurance plan to ensure you are protecting your investment. If you choose to buy a car, you will want to use it for a long time. A great way to protect this is by getting an auto insurance policy that has full coverage. In this situation, you will have support if your car is damaged or stolen.
If you buy a car when you are in the Wheat Ridge, CO area, you will want to know that you are adequately insured. The professionals with the CO Insurance Specialist can offer any support needed to build your next insurance plan for your car. If you call the CO Insurance Specialist, they can provide a personalized assessment that will also ensure you are aware of all needs and coverage options.
As a business owner, you know that protecting your investment is important. But what does commercial insurance do for you? This blog post will explore the benefits of having commercial insurance for your business.
1. It Can Help You Recover From Unexpected Events
No one can predict when an unexpected event will occur, but you’ll be prepared for the unexpected with commercial insurance. Whether your business is damaged in a fire or you’re sued for negligence, commercial insurance can help you recover. However, it is essential to note that not all commercial insurance policies are created equal. Please make sure you understand what your policy covers before you purchase it.
2. It Can Give You Peace of Mind
As a business owner, you have enough to worry about without having to stress over whether your business is adequately protected. With commercial insurance, you can rest assured knowing that your business is covered in the event of an accident or disaster.
3. It Can Help You Attract and Retain Customers
Customers are more likely to do business with a properly insured company. If something goes wrong, they’ll know that they’re protected. This can give you a competitive advantage and help you attract and retain customers.
4. It Can Help You Protect Your Employees
Your employees are your most valuable asset, and you want to do everything you can to protect them. Workers’ compensation insurance can help cover their medical expenses if they’re injured on the job. This type of insurance can also help you avoid lawsuits.
5. It Can Help You Save Money
You may think that commercial insurance is expensive, but it can save you money in the long run. If you’re adequately insured, you won’t have to worry about paying for damages or medical expenses out of pocket.
Commercial Insurance in Wheat Ridge, CO
There are many benefits to having commercial insurance for your business. Whether you’re just starting or you’ve been in business for years, it’s never too late to get insured. Contact CO Insurance Specialist in Wheat Ridge, CO today to learn more about your options.
Wheat Ridge, CO area car enthusiasts are fortunate to have the CO Insurance Specialist team available to help them with all of their insurance needs. We are here to help you make sure that your classic car has the right policy protecting it.
Owning a classic car is a commitment
Anyone who owns a classic car understands that it’s not a hobby. It is a commitment. And, there is typically a lot of financial investment that goes along with owning this type of vehicle. Because of this, you want to make sure that your classic car policy provides the coverage that you need.
There are a number of different factors that can impact your decision when you are selecting your policy:
- How often do you drive the vehicle?
- How far is it driven?
- Do you store your car at home or off-site?
- Is it stored in a temperature-controlled area?
These are just a few of the questions that you should review with your insurance agent. Depending on your answer to the above queries, your insurance needs may be different than what you expect.
Owning a classic car is a serious joy, and with that joy comes a strong sense of responsibility. You want to make sure that your vehicle has the necessary coverage in place now and for the foreseeable future. Now is a perfect time to review your classic car policy.
We are here for you!
If you live in the greater Wheat Ridge, CO area and own a classic car, it’s time to get to know the CO Insurance Specialist team. We are here to help you find the right policy and protection for your classic call. Give us a call today and set up your consultation. We look forward to working with you!
There are numerous ways in which you can create an eco-friendly home in Wheat Ridge, CO. Some ways are easier than others. However, if you are interested in sustainable living and going green, you will want to speak to an insurance agent at CO Insurance Specialist to ensure you are properly covered based on the changes you make. In the meantime, here are a few ways you can make your home greener.
Switch Out Incandescent Lights with LEDs
Who doesn’t like to save money? Well, you can save money on your utility bills while also saving the environment. LED lights tend to use approximately 75 percent less energy and can potentially last up to 25 times longer. To make things even more efficient, install motion sensors or automatic timers to ensure you don’t use the lights more than necessary.
Install a Smart Thermostat
With the installation of a smart thermostat, you can save money by heating and cooling your home while also reducing your energy emissions. You will want to create a schedule for your smart thermostat so it will operate accordingly. You can set it so that the thermostat kicks off in the morning when you leave for work and comes back on about an hour before you should arrive home. You can also set the thermostat to reduce its temperature at bedtime. Did you know if everyone were to use a programmable thermostat, it would be possible to offset about 13 billion pounds of greenhouse gases annually?
Use More Cold Water
A significant portion of your home’s energy goes toward heating water when you wash your clothes in hot water. You can reduce your energy use by 50 percent if you switch to warm water. However, if you want to save even more energy and money, switch it to cold water. Instead of using your dryer, opt to hang your clothes up to dry.
When you make technological upgrades to your home in Wheat Ridge, CO, reach out to CO Insurance Specialist to ensure they are covered by your home insurance policy.
If you own a classic car in Wheat Ridge, CO, you know there isn’t much that can compare to taking it out on a nice afternoon for a ride that turns heads. Whether you own a classic car or are considering purchasing one, it is important to understand that these vehicles require a different type of insurance policy than the standard automobile. CO Insurance Specialist shares a few things you should know about classic car insurance.
How Do You Become Eligible for Classic Car Insurance?
Most auto insurance companies have a specific list of requirements to be able to insure a classic car. Though there isn’t usually a minimum value requirement, it is stipulated that a vehicle is worth more currently than when it was originally made. Further, the vehicle usually needs to be at least 10 years old.
Insurance companies will also take into consideration the condition of the vehicle. It should be running (or close to it) and in good shape overall. The vehicle is required to be stored indoors and maintain low mileage. There will generally be a set number of miles that the vehicle can be driven each year.
What Is the Difference Between Standard and Classic Auto Insurance?
Both standard and classic auto insurance offer the main types of protection, such as collision, comprehensive, and liability. Classic car insurance simply takes things a step further based on the very unique needs of older vehicles.
For instance, it will take into account the higher costs of a collision, as classic models will typically cost more to repair due to the need for rare mechanical skills and lack of available parts.
Classic car insurance is designed specifically for the higher expenses and needs of a vintage or antique car.
If you have any questions about classic car insurance in Wheat Ridge, CO, contact the professional agents at CO Insurance Specialist.
Commercial insurance offers protection for businesses of all shapes and sizes against a variety of potential losses. Some of the most common forms of commercial insurance coverage include property damage, theft, and injury liability. However, when you start your own business in Wheat Ridge, CO, you never know what kind of protection you need. This is where CO Insurance Specialist comes in.
As you search for a business insurance policy, you will want to be familiar with some of the main features of a policy.
Commercial liability insurance is designed to protect you from damages caused by your business. It will cover injury costs and legal expenses if a lawsuit is brought against you. It will also cover property damage that occurs as a result of your products or on your commercial property.
Commercial property insurance protects you from damages and losses to the business property. Some of the most common covered perils include fire, flood, and theft.
Workers’ Compensation Insurance
Commercial workers’ comp is designed to provide protection for your company in the event that a staff member of yours suffers an injury while on the job. It also offers protection against lawsuits claiming negligence for injuries that occurred to an employee during working hours.
Commercial auto insurance is necessary for companies that have a fleet of vehicles that are used for business purposes. This is true even if you only have one vehicle designated for business. This insurance offers coverage for property damage, bodily injury liability, uninsured motorist, collision, medical payments, and more.
If you currently do not have commercial insurance, contact CO Insurance Specialist, serving Wheat Ridge, CO.