Category Archives: Home Insurance

Buy Cheap Homeowners Insurance in Colorado

Choosing a homeowners insurance policy isn’t always easy, and Colorado residents have plenty of dangers to protect their homes against. From harsh winters and unpredictable weather to theft, vandalism, and liability issues, there are plenty of good reasons to choose an insurance policy carefully. With so much at stake, this is one investment that deserves some extra attention.

But that doesn’t mean it has to be a headache, or that you’re stuck paying ridiculously high rates. Homeowners insurance rates in Colorado can be surprisingly low, if you take time to compare quotes and make sure you’re paying for only the coverage you actually need. These tips will help you work with our independent agents to save (without skimping on coverage).

1. Know the value of your home.

By taking the time to get your home appraised, you’ll get a good idea of just how much coverage you need to protect your property. That means you won’t end up paying for more coverage than you need or, worse, finding out too late that you don’t have enough.

2. Ask about discounts.

As your local independent agents, we want to connect you with the best homeowners insurance rates possible, but we need information on your situation. Some companies offer discounts for behaviors or home upgrades that lower your risks (of theft, liability issues, and other dangers). So investing in that home security system, a fence around your pool, or other safety measures could cut down on your yearly insurance costs; just ask.

3. Look at more than the price tag.

Choosing the lowest quote you’re offered isn’t necessarily the best deal. Take the time to compare the details of quotes and ask about coverage options. Like auto insurance, going with the most inexpensive basic coverage offered can leave big gaps that can cost you thousands in the long run.

Unusual Things Covered in Home Insurance Policies

Do you have home insurance? If you do, you’ve protect yourself against all kinds of dangers, even a house fire that could leave you homeless. If a tree falls into your home, you won’t have to pay out of pocket for repairs. If a burglar breaks in, you’ll have a financial safety net to replace what you’ve lost.

Not only does home insurance give homeowners peace of mind about their property and belongings, it ensures devastating damages won’t take a financial toll on individuals and families. Homeowners should understand exactly what their insurance policies covers-both the obvious and unique-to get compensation and keep their home in tip-top shape.

The Obvious

Basic home insurance coverage covers much more than damage to your house. Most policies base coverage off of a certain percentage of the entire coverage amount you pay-discuss coverage with your insurance broker before purchasing insurance. The most basic coverage generally includes:

  • Belongings – If someone burglarizes your home, your policy should replace most belongings.
  • Perils – If your home experiences extensive damage (fire, lightening, explosion, smoke, vandalism, falling objects), your policy should cover it completely.
  • Loss of use – If your home gets damaged and you can’t live in your house, most insurance companies cover living expenses (laundry costs, restaurant meals, hotel bills) for a time.

Depending on your insurance agency, you may have the opportunity to purchase more specialized coverage. In these cases, your home insurance policy might also cover:

  • Debris removal
  • Landscaping replacement
  • Power outages
  • Spoiled food storage
  • Glass structures (doors and windows)

Some home insurance policies require you to add on certain items, including:

  • Antiques
  • Jewelry
  • Electronic equipment

Most home insurance policy basics depend on your particular agency, but you can count on most agencies to provide you with enough coverage to suit your needs. The benefits of home insurance extend far beyond structural damages to your house.

If, for example, you run into a sticky situation with liability or fraud involving your home’s property, your home insurance might just cover those damages as well. Read on to learn about some of the more unique aspects of home insurance coverage.

The Unique

Most homeowners don’t know about these unique coverage benefits. When out-of-the-ordinary events happen, you can trust your policy to cover the emotional and financial costs of the following:

  • Liability and/or medical bills – If an injury takes place on your property, home insurance usually covers medical bills. Whether a dog bites a visitor or a neighbor slips and falls on your driveway, home insurance should cover all medical costs. Insurance companies sometimes pay for legal defense along with medical bills. If a neighbor sues you over a dog bite, call your insurance broker to discuss specifics.
  • Structures – If your fence, garden, or garage gets damaged, home insurance should cover repair and renovation. When a tree falls and destroys your fence or garden, get in contact with your home insurance specialist to discuss compensation and repair.
  • Fraud – If someone uses your personal checks or credit cards without your permission, home insurance might cover it. While this may seem like a random aspect of coverage, insurance agencies aim to keep you and your family secure against all sorts of fraudsters.
  • Grave markers – If someone vandalizes or steals your loved one’s grave marker, your insurance policy might cover most replacement costs.
  • Student property – If your child moves away to college and someone steals his or her belongings, contact an insurance agent to discuss coverage and replacement options. Keep in mind: most student property coverage is limited to 10 percent of the property limit.

Apart from liability, structural damage, and fraud coverage, some insurance agencies take coverage a step further. Whether a dog ate your necklace, or you lost our favorite candlestick, your home insurance might cover reimbursement costs. Read on to learn about certain cases of very unique home insurance coverage.

  • Eaten belongings – One family received insurance money after their dog ate an expensive piece of jewelry.
  • Interior design fees – A number of insurance agencies cover interior design fees for home repair and renovation (resulting from previous damage).
  • Spoiled food and wine – After a sewage pipe overflow, an insurance company reimbursed a family for the spoiled goods in the home’s basement.
  • Security – Because they don’t want further damage and/or vandalism to occur, some insurance companies pay for security at damaged homes during repair.
  • Pair and sets – When one family lost a candlestick in a set, the insurance company replaced the entire set.
  • Bug-repellent services -To ensure a home stays in pristine condition throughout the year, many insurance policies cover bug-repellent services.

Whether someone burglarizes your home, or a storm damages your house, you deserve a fair amount of reimbursement from your insurance company. You never know what’s covered until you ask-make sure to discuss all coverage options with your insurance agency.

Home Insurance Agency in Wheat Ridge, CO

Wheat Ridge, CO is one of the most beautiful Colorado locales to settle down and raise a family. It has everything, from proximity to the Denver metro area to easy access to the mountains (and ski slopes!) during the winter months.

Whether you're a first-time home buyer or just new to the Wheat Ridge area, you'll want to make sure to make a smart decision about your property insurance options. These steps will help simplify the process.

1. Get your home appraised.

If you're just in the process of buying your home, chances are this step has already been covered during the buy-sell process. Regardless, you'll want to have a good idea of your home's value; this enables you to purchase just the right amount of coverage without leaving gaps or paying for more than you need.

2. Talk to an independent agent.

Our Independent agents work with many different insurance companies, so they can get you several quotes in one stop. That's one of the best ways to save time (and money) when you're searching for the insurance agency and policy that fits your needs. Independent agents will also talk to you about each policy's specific coverage limits and your home's situation, so they can suggest the types of coverage most likely to be a smart investment for you.

3. Read potential policies thoroughly.

Once you think you've found just the right combination of coverage to protect your home, you'll want to read the fine print to make sure you know exactly what is and isn't covered. Take the time now to ask your agent about anything that doesn't make sense. Know your deductibles and any exclusions on your policy before you sign, and if those exclusions make you nervous, ask about purchasing extra coverage; flood and earthquake insurance, for example, are not usually included on standard policies.

Does homeowners insurance covers AC repair in CO?

Your home insurance in Colorado is designed to protect your structure and personal property in the event of a covered disaster. A standard policy protects against loss from fire, storms, theft and vandalism. However, homeowner’s insurance is not meant to cover repairs for appliance or system failures. These examples should help you understand your insurance policy.

Fire and storms

If your AC system was damaged due to a home fire, the repairs would likely be covered, subject to your deductible. If a storm damaged the outside portion of your AC unit, you would probably be covered. If storm damage to your roof creates a leak that damages your AC, this would also normally be covered.

You must remember that if damage is caused by flood waters, you need a separate flood insurance policy. If you live in a flood prone area, you should consider adding this protection.

Theft or vandalism

Your home insurance policy should also cover your HVAC system if it is damaged because of theft or vandalism. Copper theft and outside unit theft can be a concern in some areas. However, if your air conditioning simply fails, the repairs are not included in your homeowner’s insurance.

If you purchase a home and buy a home warranty policy, your AC system may be covered under that insurance. Home warranty policies cover different systems and appliances in your home. This coverage is designed to protect you from expensive failures during the warranty period. Policies normally require you to pay a set fee for repair or replacement of covered systems.

Colling Insurance Services is your independent insurance agency, we will be happy to answer any questions you have regarding what your insurance policies cover. Let us help you get the right home insurance to meet your needs. Call us to talk with an independent agent today.

Is there any change in the insurance policy if the property becomes unoccupied?

If you have a property that becomes unoccupied, you should get in touch with the company handling your coverage. While all companies have different sets of rules, unoccupied properties normally require a different type of coverage.

Unoccupied Property Insurance

If you are only going to be away from your home for a few weeks, you should not experience any changes to your policy. Most companies use a 60 to 90 day rule for determining if a residence is unoccupied. However, if you move out and are selling your home, you need to change your plan right away.

Unfortunately, unoccupied properties are more subject to theft, vandalism or unauthorized use. In addition, a water pipe could become broken and the damage not noticed for several days. All of these factors add to an increase in the coverage costs.

If you are selling your residence, you still need the coverage until the home officially changes hands. If your home was damaged, you would lose the equity you have built. You are also responsible if someone is injured on the premises, this makes continuing your protection important.

While the rates for an unoccupied home are normally higher, you may be able to receive discounts on your plan. You can consider raising your deductible. However, you should ask if the cost would be lower if you had a reliable person care for your residence on a weekly basis. Properties with frequent activity are less likely to be damaged by vandalism or unauthorized entry.

As your independent insurance agency, we can help you take care of your coverage needs easily. If you need to make changes, get in touch with us and we will handle the details for you. You can also use our site to get quotes online to compare different policy costs.

My home was damaged during a burglary. Will this damage be covered?

Most people know that their homeowners insurance will cover items that are stolen from their home, up to a point, but, what’s a little more uncertain is whether other problems related to the robbery are covered. Burglaries are often violent affairs, with doors or windows being broken in, valuables being smashed and furniture being tossed around in a search for more valuables. It’s natural to wonder if all of this damage will be covered by your homeowners insurance.

The good news is that your homeowners coverage will cover most losses related to a burglary in your home, including items damaged in it. As long as your policy is current, paid for and you have an accurate record of what was in your home, you can probably expect reimbursement, less the deductible, of course. The only thing that would be likely to negate your claim would be if the insurance company somehow found you to be negligent in some way that related to the damage. For example, if you had a makeshift burglar trap that involved a tripwire that dropped your $2,000 television set on the unsuspecting burglar, damages to that television may not be covered.

Every situation is different when it comes to homeowners coverage, so if you have questions, it would be wise to discuss them with an expert. As an independent agent we can answer all of your questions about how to best protect yourself from losses from a burglary or other threats to your home. We can also help you to find the best coverage for your needs and even get you multiple quotes so that you can be sure you’re getting the best price, so call us today!

What do I need to do with my home insurance policy if the house is sold?

When you sell your home in Colorado, it is important to inform your home insurance provider so that you can cancel your policy. Depending on your plan and the details that are described in your policy, the process of canceling the plan may vary.

Contact Your Insurer Before Selling

Before you sell your property, contact your home insurance provider and inform them that you are planning to sell the house. The insurer can take steps to make the cancellation process a little easier so that you can move forward as soon as the property sells.

If you have already sold the property, then contact your insurer and tell them that the property is sold. It takes a little time for the final paperwork on a property to go through, but you do not need to maintain coverage on a house that you no longer own.

Cancel the Plan

You may be asked to provide a copy of any documentation regarding the sale of your property. That is proof that you are no longer the owner so that your insurer can then take steps to cancel the plan.

When you cancel an insurance policy, you may be able to get a refund on some of the premiums that you have paid. For example, if you paid for several months or a year in advance, then the extra premium that you paid may be returned after subtracting any administration fees.

The appropriate solution after you sell a house is canceling your coverage. Even if you intend to buy a new property, you will need a new insurance plan that is appropriate for the new house. Contact us to speak to an agent for more details about your options.

In what cases is necessary to get a police report in an home insurance claim?

Making claims on your home insurance policy in Colorado does not always mean that you can avoid making a police report. In some cases, a formal police report is a necessary part of the claims process because the insurer will not always be able to start the claim unless you have told the police about the situation.

Burglary and Theft

In the case of a break-in and theft, you must report the crime to the police and ask for a copy of the report before you turn to your insurance provider for assistance. The claim will not start until you have made a formal report because the insurer cannot guarantee that a crime took place unless you have talked to the police. The report is made after you have made your statement, any other statements are provided and the physical evidence is evaluated if there is any damage to the property.

Vandalism

Vandalism is similar to a burglary because the claim will not start until after you have contacted the police and made a report. Even though your personal belongings may not be stolen, the property can be damaged and may require repairs. The police will make a note of the damages in the report and you can send a copy to your insurer.

Arson

Even though a fire does not necessarily need a report from the police since you may have a report from the fire department, if you suspect arson then you may need to file a report.

Damages that are caused by a third party and are not related to an accident will usually require a police report or other formal documentation from authorities before you can make a claim. Contact us to speak to an agent to learn more about your options.

Can a credit be obtained for GSM home Alarm System in my House in Lakewood, CO?

Your homeowners insurance on your home in Lakewood, Colorado, qualifies you for a credit and discount for installing a GSM alarm system. GSM (Global System for Mobile Communications) systems are becoming ever more popular for multiple reasons.

· Ease of installation. Since they use the same technology as your cell phone, these systems are wireless. This saves you considerable installation expense, since your home does not need to be wired for your alarm system.

· Insurance companies reward homeowners making efforts to reduce risk of loss. Offering credits and discounts are common for most insurance carriers for all risk-lowering devices and actions you take to protect your home.

· A GSM alarm system is cost-effective to use. Most cell phone network providers offer reasonably-priced monthly fees for remotely activating your protection features.

· Remote 24/7 monitoring is also affordable. Having your GSM alarm system monitored by a security center round-the-clock reduces the extent of most losses, even when they cannot prevent damage, as with fire or windstorm.

When thinking about installing a GSM alarm system, contact us, your Lakewood, Colorado independent agent. Our experience and ability to give you multiple homeowner’s insurance quotes help you maximize your credit level, while keeping your home well-protected.

Since we work for you, not a single insurance company, we will answer all of your questions and concerns with you in mind. Looking out for your best interests means we’ll give you the best advice for your situation. Insurance carriers may offer different amounts of credits for your alarm system. We’ll give you the right advice for the coverage you need at affordable costs.

You will enjoy greater piece of mind knowing your GSM alarm system will reduce your risk of major losses. The credit or discount you receive also reduces the budgetary impact of adding this protection to your property.

Will I be Reimbursed for Additional Living Expenses in Lakewood, Colorado, if I Cannot Live in my Home Due to a Covered Loss?

Nothing is more worrisome than finding out that you cannot live in your home and that you will need to pay additional expenses until appropriate repairs are made. When the cause of your displacement is a covered loss in Lakewood, Colorado, it is possible that you may be reimbursed by your homeowners insurance for the unexpected costs.

Review Your Coverage

Although some insurers may pay for the additional expenses associated with a covered loss until your home is repaired, every policy is different. You may or may not be covered based on the details of your policy and the specific type of coverage that you purchased. Review your policy and read through the details of your coverage before making any decisions. In some cases, a clause or exception may also prevent a reimbursement.

Make a Claim

If you discover that you are covered for those unexpected costs, then make a claim after you have moved back into your home. After the repairs are made and you can move back into your house, the total cost of additional expenses will be available.

Make a claim for the amount that you spent or to the limit, depending on how your policy is designed. Your insurer will want proof of the expense, so keep your receipts and any documents that prove that you paid those additional costs.

Damages to your home may or may not be covered under your insurance policy. When you are not able to live in your house due to damages that are covered, you may be able to make a claim for reimbursement to reduce the financial burden. Contact us to talk to an independent agent to learn more about your coverage.