Getting the right amount of auto insurance coverage protects you from financial losses in case of a car accident. It helps you to pay for liability claims and the costs of repairing or replacing your car after an accident. Protect your vehicle in Lakewood, CO by getting the help of Colling Insurance Services, Inc. The trained and experienced agents will help you to find the right type and amount of auto insurance based on your needs. The following are some of the coverage options and how much you need.
Colorado drivers must have a minimum of $25, 000 per person for bodily injury liability, $15,000 for property damage liability, and $50,000 per accident for bodily injury. You should, however, try to carry liability coverage that is above the state’s minimum requirement. The amount of liability coverage you take depends on your assets and how much you have to lose in case of an accident. If you do not have enough liability coverage, you may have to sell your assets to settle payments when you are held liable for an accident
Collision coverage compensates you for the cost of repairing or replacing your car after an accident. Consider the amount of money it takes to repair or replace your vehicle and get the appropriate amount of insurance coverage. If you have a new or expensive, you should get as much collision coverage as possible. The same applies to comprehensive coverage.
Some people need more than the basic auto insurance coverage options. Extended coverage options such as umbrella insurance offer supplemental protection.
Speak to your insurance agent to find out how much auto insurance is enough for your needs.
Contact Colling Insurance Services, Inc. for your auto insurance needs in Lakewood, CO.
Homeowners insurance is a policy that not only protects your home, the structures on your property and their contents, it can also provide liability protection for accidents that occur on the property or damages to someone else’s property. Most policies will carry coverage for a broad spectrum of threats such as from fire, weather, theft and damage from falling objects. While this list of known perils is extensive, you need to understand the realm of what is covered and what isn’t. For instance, while the policy may cover damage from failing plumbing, it won’t cover flooding from a weather event. The agents at Colling Insurance Services, Inc. know the Lakewood, CO area well and are able to help you understand the policy’s protections.
While the homeowner’s policy will cover the house, it will also cover other structures on the property such as a garage or toolshed. The policy also covers your personal belongings such as clothing, furniture, computer equipment, jewelry, etc. The personal belongings category also includes plants that are damaged on the property with the exception of disease or high winds. If you have collections of valuables such as firearms, jewelry or artwork, you should discuss this with your agent to ensure that you have enough coverage. If your home is deemed uninhabitable because of a disaster, the policy will provide you funds for additional living expenses such as hotels and restaurants while your home is being repaired. Lastly, it should be noted that the policy will provide liability coverage. This covers medical expenses and legal fees should someone have an accident on the property and decide to sue.
Following a disaster, the right insurance helps you recover quickly. In the Lakewood, CO area, visit Colling Insurance Services for all of your home insurance needs.