I’m Young and Healthy, Why Do I Need Health Insurance?

When we are young and healthy, health insurance often feels like a low priority. If you’re feeling great and have no medical complaints, you might wonder why you should invest in a health plan. It’s a valid question. For our Lakewood, CO, community of young and healthy adults, the agents at Colling Insurance Services Inc. can explain the long-term benefits of health insurance that can positively impact your financial and physical well-being now and in the future.

Three Key Reasons Why Health Insurance Is Recommended for the Young and Healthy

Reduces Out-of-Pocket Costs

While your health may be stable now, unexpected accidents or medical illnesses can occur at any time. No one is immune, regardless of age. Without health insurance, the cost of treatments and medications becomes your sole responsibility, which can be financially overwhelming.

Protects Your Financial Stability

Paying for medical bills out of pocket can have significant and long-lasting effects on your financial health. Health insurance helps mitigate these costs, ensuring you don’t face financial hardship due to unforeseen medical expenses.

Supports Your Overall Health

Even if you feel well now, underlying medical issues can go unnoticed without regular check-ups. Health insurance allows you to maintain good health by scheduling routine appointments with your primary care physician. Preventive services ensure your doctor has an ongoing record of your health, enabling early detection and treatment of potential health concerns.

Contact Us

If you’re unsure whether getting health insurance in Lakewood, CO, is the right decision for you, call Colling Insurance Services Inc. We can discuss why securing health coverage while you’re young and healthy is a strategic move for your future. Contact us today to explore policy options tailored to your needs.

Does Dental Insurance Cover Emergencies?

Taking care of your teeth is an essential part of maintaining your overall health. Many people purchase dental insurance to help cover the costs of dental care. If you are near Lakewood, CO, our team at Colling Insurance Services Inc. can provide the information you need about dental insurance. We’ve been assisting clients like you since 1957.

Does Dental Insurance Cover Emergencies?

Even if you take excellent care of your teeth and visit your dentist regularly, dental emergencies can still happen. When they do, the cost of treatment is often the last thing on your mind. According to Legal Clarity, coverage for dental emergencies varies depending on the specific dental insurance policy.

Routine dental care, such as x-rays and exams, is typically covered by standard dental insurance policies. Many policies also offer a fixed amount of coverage for certain emergency procedures, such as tooth extractions or crown replacements. However, some policies determine coverage for unexpected procedures on a case-by-case basis. To avoid surprises, it’s best to review your policy’s provisions before an emergency occurs. If your current policy doesn’t meet your needs, one of our agents can help you explore new insurance options.

Call Us for Your Appointment Today

Dental procedures can be costly, but dental insurance can help ease the financial burden. Our team at Colling Insurance Services Inc. has the expertise and dedication to provide you with the insurance options you need. Clients in the Lakewood, CO, area trust us for excellent customer support. Call us today to schedule an appointment and discuss your insurance needs.

Does Your Small Business Need Workers Comp Insurance?

If you’re running a small business, you may be wondering whether workers’ compensation insurance is necessary. In most cases, the answer is yes. Having coverage can protect your business and your employees from costly setbacks.

What Is Workers’ Compensation Insurance?

Workers’ compensation insurance provides coverage for employees who experience work-related injuries or illnesses. It helps pay for medical expenses, lost wages, rehabilitation, and, in some cases, disability benefits. Additionally, it typically protects employers from lawsuits related to workplace accidents.

Is Workers’ Compensation Legally Required?

Workers’ compensation laws vary by state, but most require businesses with at least one employee (sometimes more) to carry coverage. Some states mandate coverage even if you only hire part-time workers or contractors. Failing to comply with these laws can result in hefty fines, legal penalties, or even business shutdowns.

Why Small Businesses Need Workers’ Compensation Insurance

Many small business owners assume they don’t need workers’ compensation if they have only a few employees or operate in a low-risk industry. However, workplace accidents can happen anywhere—from a retail shop to a home office. A single injury can lead to medical bills, lost wages, and legal fees that your business may struggle to afford without coverage.

Independent Contractors and Business Owners

Business owners and sole proprietors are often exempt from workers’ compensation requirements, but some choose to carry coverage voluntarily. If you hire independent contractors, you may still be held liable for their injuries in certain situations. Always check your state laws and consult with a licensed insurance agent to ensure compliance.

Contact Colling Insurance Services In Lakewood, CO

At Colling Insurance Services Inc., we proudly serve Lakewood, CO, and are here to help you find the right insurance products for your needs. Contact our team today to learn more about how we can help keep your small business safe and protected.

Why Your Company Should Offer Mental Health Benefits

If you’re a Colorado business owner, one of your priorities will be to purchase commercial insurance. Some business owners have concerns about choosing the right insurance options. If your business is near Lakewood, CO, our team at Colling Insurance Services Inc. invites you to explore our best solutions. We’ve been working with companies like yours since 1957.

Why Your Company Should Offer Mental Health Benefits

Caring for your employees includes choosing the right health insurance policy. While the primary focus of employee health insurance is to cover expenses related to physical health, many employers today are recognizing the importance of including mental health benefits. According to Murray Resources, neglecting mental health coverage is a short-sighted approach.

The modern business environment is filled with increasing stressors for both executives and employees. This stress can not only make work more challenging but also worsen physical health issues. Offering mental health coverage as part of your employee health insurance can serve as a valuable recruiting tool for prospective employees. Additionally, companies that provide short-term counseling services can help employees address issues that might otherwise impact their performance and job satisfaction.

Call Us Today for Your Appointment

Our team understands that every business is unique, and we are committed to helping you find the right insurance options tailored to your specific needs. At Colling Insurance Services Inc., we offer a range of customizable policies to ensure your business is adequately covered. Companies near the Lakewood, CO area have trusted us for nearly 70 years. Call us today to schedule an appointment, and let’s work together to protect your business.

What Parents Need to Know About Auto Insurance in Lakewood, CO

If you have a teen driver in the home in Lakewood, CO, understanding the minimum amount of coverage required for them while driving is vital. Knowing the auto insurance requirements for teenagers in Lakewood can prevent unnecessary financial stress and losses. At Colling Insurance Services Inc., we’re here to help you determine which policy solutions are right for you and your household.

Minimum Requirements

Anytime you have a teenage driver at your home in Colorado, you’ll need to meet the minimum insurance requirements, including:

  • Bodily Injury: Bodily injury coverage in Colorado includes $25,000 per person and $50,000 per accident.
  • Property Damage: The minimum property damage requirements in the state are $15,000 per accident.
  • Medical Coverage: Coverage for medical payments includes at least $5,000 in coverage.

Properly Insuring Your Teen Driver

Insuring your teen driver is best achieved by adding them to an existing family policy. This is the most cost-effective option and will lock in coverage. In most cases, this will also reduce the rates for teen drivers. Keep in mind that Colorado requires teens with driving permits to be added to a policy that already exists in the home.

Reducing potential rates is possible by encouraging good grades (which can result in student discounts) and enrolling your teen in a defensive driving course. Telematics apps can also reward safe driving habits.

If you’re ready to add your teen to an existing insurance policy or want to learn more about insurance options in Lakewood, Colorado, we’re here to help. At Colling Insurance Services Inc., we’re ready to help you protect the teen drivers in your home with a quality and affordable insurance policy. To learn more, don’t hesitate to get in touch with us directly to schedule your initial consultation and receive a quote today.

Home Insurance and Your Pets

Pets bring so much joy to a home. Still, many Colorado homeowners are surprised to learn how pets can factor into their home insurance through Colling Insurance Services, Inc., serving Lakewood, CO. Whether you have a playful puppy or a laid-back older cat, it’s worth understanding how your furry friends might impact your coverage.

Liability Protection for Pet Incidents

Most standard home insurance policies include liability coverage, which can help pay for injuries or property damage if your pet causes harm to someone else. This often arises in situations involving dog bites or when a pet knocks someone over. If a guest trips over your energetic dog and needs medical care, your liability insurance could help cover the bills and even legal fees if there’s a lawsuit.

Breed and Animal Restrictions

It’s essential to note that not all pets are treated equally by insurance companies. Some insurers place restrictions or higher premiums on certain dog breeds they consider higher risk. Exotic pets, such as large snakes or certain types of birds, may not be covered at all under typical pet insurance policies. If you have a pet that’s on a restricted list, your agent can help you explore options, such as specialty liability policies.

Damage to Your Own Property

Homeowners’ insurance generally won’t pay for damage your pet causes to your own belongings or house. For instance, if your dog scratches up the hardwood floors or your cat tears the curtains, that’s usually something you’ll have to handle out of pocket. Home insurance is mainly there to protect you if your pet damages someone else’s property or causes injury.

Having pets is one of life’s greatest joys, but it’s wise to understand where your home insurance stands. A quick conversation with your agent at Colling Insurance Services, Inc., serving Lakewood, CO, can clarify what’s covered, what exclusions might apply, and how to make sure your home and your pets are both properly protected. Contact us today to learn more.

Is Umbrella Insurance Worth the Extra Cost?

Whether you are a homeowner or renter, having insurance is essential to protect your investment in property and valuable personal belongings. Umbrella insurance provides additional coverage when your standard policy’s limits are reached, offering protection for your assets in Lakewood, CO, in situations such as lawsuits. With assistance from our well-qualified and experienced agents at Colling Insurance Services Inc., we can help you determine if umbrella insurance is the right choice for your needs.

Reasons to Consider Umbrella Insurance

Homeowners typically carry homeowners insurance that covers their home and personal belongings. Renters of houses or condos may opt for renters’ insurance, which protects their personal belongings while the structure itself is covered by the owner’s or association’s insurance policy. Umbrella insurance acts as an extra layer of liability coverage that activates when your other insurance policies have reached their limits. This type of policy does not cover your personal property. Instead, it provides protection for unexpected events where you are held responsible, such as damage to someone else’s property or injuries to others.

When Umbrella Insurance May Not Be Necessary

Not everyone needs umbrella insurance. When you speak with an agent at Colling Insurance Services Inc., we will evaluate your situation, including your net worth, lifestyle, and current liability coverage, to help you decide if umbrella insurance is a worthwhile investment. For individuals with minimal assets and a low-risk lifestyle, umbrella insurance may not be necessary. However, if you have significant assets that could be at risk when your existing policy’s liability limits are exceeded, purchasing umbrella insurance is highly recommended.

Contact Us

If you live in the Lakewood, CO, community, contact our team to discuss any questions you may have about umbrella insurance and whether purchasing coverage is the right decision for you.

When Do I Need Additional Liabiity Coverge for My Boat?

Insuring your boat in Lakewood, CO is not required. However, most owners choose to purchase a policy, and many marinas require one if you plan to moor your boat there. Liability coverage is one of the most critical components of a boat insurance policy. Colling Insurance Services Inc. can help you determine whether your policy has sufficient limits to meet your needs and fully protect your investment.

What Standard Boat Insurance Policies Cover

Standard policies include liability provisions to cover costs if you cause a boating accident that results in injuries or property damage to a third party. Liability coverage also typically includes attorney’s fees and court costs. Most policies also offer uninsured/underinsured boater coverage, which can be invaluable if someone without insurance causes damage in an accident. This part of your policy is especially important because many boaters take advantage of the fact that boat insurance is not legally required.

When You Might Need Higher Liability Limits

Generally, the larger and more expensive your boat, the greater your need for additional liability insurance. However, other factors also play a role. High-performance boats with powerful engines can cause more significant damage, and the boat’s speed and intended use influence liability limits. For example, if you use your boat for commercial fishing or to take clients on fishing trips, you’ll need higher liability coverage. Similarly, if you frequently entertain large groups of people on board, consider increasing your liability limits. High-profile individuals also face a greater risk of being sued following a boating accident.

Consider an Umbrella Policy

While you can request a higher liability limit on your boat policy, getting an umbrella policy may be a better option. Umbrella policies provide additional coverage that kicks in after you’ve reached the liability limit on your boat insurance. Having an umbrella policy to cover your boat can make the difference between keeping and losing your investment.

Learn more about how you can protect your boat, its occupants, and visitors by contacting the staff at Colling Insurance Services Inc., serving Lakewood, CO. We’re here to help you find the right coverage for your needs.

Can Long Term Care Insurance Help Pay Home Health Aides?

Long-term care insurance is specifically designed to assist individuals who require long-term care. It can help cover the costs of care in various situations, but there are a few things you need to understand about the coverage.

Types of Long Term Care Options in Colorado

Long-term care insurance can help cover the costs of various types of care to ensure you or a loved one receives the appropriate care you’re comfortable with. Common situations covered include:

  • In-Home Care: Coverage can help pay for assistance with daily activities, in-home nursing care, housekeeping, and other tasks.
  • Residential Facilities: Long-term care insurance can also help cover the costs of stays in nursing homes.
  • Assisted Living Communities: Assisted living communities provide long-term care for residents who need help with daily living tasks but can manage many things on their own. Communities may provide laundry, housekeeping, and meal services, but residents have more freedom than in a nursing home. Many have their own apartments.

The type of care covered usually depends on the specific policy. Some policies have exclusions regarding what type of care they will cover or how much. Always speak with an agent at Colling Insurance Services Inc. to ensure you understand your coverage.

The Waiting Period for Long Term Care

It’s common for long term care insurance policies in Lakewood, CO to have a waiting period, also known as an elimination period. This is the period that must pass before the policy will cover the costs of care. Many people must pay out of pocket for expenses until it kicks in.

The coverage provided often depends on your specific policy, but agents at Colling Insurance Services Inc. can help you understand what’s covered. We can also help you find the right policy to meet your needs. Contact us today to learn more. We’re currently serving the Lakewood, CO area.

Do You Need to Remove Someone from Your Life Insurance Policy?

Occasionally, the unthinkable happens. A trusted individual unforgivably betrays your trust. Perhaps they deceived you, stole from you, or did something that left a bitter taste in your mouth. Consequently, they’re no longer in your good graces, and you want them out of your life and your life insurance policy. It’s not enough to sever ties; you must take legal steps to ensure they don’t benefit from your demise. Otherwise, you might find yourself in a precarious situation, akin to a murder mystery game.

How to Remove Someone from Life Insurance

Firstly, removing an irrevocable beneficiary can be quite challenging. To do so, you need their written consent. However, if they’ve committed a crime, you might be able to get a court order to remove them. Otherwise, the process is straightforward. Contact your life insurance provider and request a change of beneficiary form. Fill it out, sign, date, and submit it. You might be able to do this online. Always confirm with your insurer that the change has been processed. You can then decide what to do with the share your former beneficiary would have received. Donating to a charity organization is a commendable option.

Colling Insurance Services Inc. – Your Trusted Insurance Agency in Lakewood, CO

If you reside in the Lakewood, CO, area and require life insurance, please contact us at Colling Insurance Services. We will connect you with a professional and friendly agent who is dedicated to helping you find the policy that best suits your unique needs.