Monthly Archives: May 2023

Boat Safety Tips and Insurance Implications for Lakewood, CO Boaters

If you’re a boater in Lakewood, CO, it’s essential to prioritize safety while out on the water. Not only can safe boating practices help prevent accidents, but they can also have an impact on your boat insurance rates. Colling Insurance Services Inc. can help you find the right insurance coverage to protect you and your boat while potentially saving you money. Here are some boat safety tips to keep in mind:

Boat Safety Tips

  • Always wear a life jacket, and make sure your passengers do as well.
  • Follow all boating laws and regulations, including speed limits and no-wake zones.
  • Be mindful of weather conditions and keep an eye on the forecast.
  • Keep a close watch on children and inexperienced boaters.
  • Never operate a boat while under the influence of drugs or alcohol.

Insurance Implications of Boat Safety

In addition to the obvious benefits of safe boating, practicing good boating habits can also help you save money on your insurance premiums. Insurance companies consider several factors when determining your rates, including your boating history, the age and condition of your boat, and your claims history. Demonstrating a commitment to safety can reduce your risk of accidents and claims, which may result in lower insurance premiums.

Working with Colling Insurance Services Inc.

We’re committed to helping Lakewood, CO boaters stay safe and protected on the water. Our knowledgeable agents can guide insurance options and help you find the right coverage to meet your specific needs. Contact us today to learn more about our boat insurance options and how we can help you save on premiums.

Does Umbrella Insurance Cover Property Damage?

At Colling Insurance Services Inc. in Lakewood, CO, we ensure that our umbrella insurance policies cover what homeowners care about most. That being said, every policy is different, just like every homeowner’s needs are different. Generally, you might wonder what umbrella insurance policies cover regarding property damage. As you keep reading the article below, you will find that we have an answer to that question.

What does umbrella insurance cover?

An umbrella insurance policy may cover a combination of liability, property damage, and other considerations for those with a home insurance policy. If you reach the limit of your existing policy, an umbrella insurance policy might be able to help pick up the rest of the bill for repairs or related costs if they happen under certain qualifying conditions.

The point of umbrella insurance is to serve as an “umbrella” that gives you an extra layer of protection for metaphorical rainy days. When difficult events like certain qualifying natural disasters hit your home, your umbrella insurance policy may be able to assist you with rebuilding by covering some of the property damage. Of course, this all depends on the policy’s terms and the limits set on both your home and umbrella insurance policies.

In the best-case scenario, your standard home insurance policy will cover the damage, and you will not need to rely on your umbrella insurance to cover some or all of the costs. In the worst-case scenario, most of our clients are thankful to have the foresight to purchase umbrella insurance before this kind of emergency strikes so close to home.

For specific details on our umbrella insurance policies, call our office at Colling Insurance Services Inc. in Lakewood, CO today!