How Much Auto Insurance Coverage Do I Need?

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.

Liability Coverage

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

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.

Extended 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.

What Does a Homeowners Insurance Policy Cover?

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. 

3 Questions You Need to Ask Yourself Before Purchasing Life Insurance

If you are shopping for life insurance in Lakewood, CO, you may be overwhelmed. It seems like a complex process but it does not have to be. Your decision to invest in life insurance is a great one because it protects your family. You must, therefore, choose the right type of insurance from the right insurance provider. Contact a reputable insurance agency such as Colling Insurance Services, Inc. The agents will explain to you the different types of insurance and their extent of coverage. Understand how each insurance policy works before making a decision.

Important Questions When Buying Life Insurance

How much life insurance do I need?

Different people need different amounts of life insurance. Before buying life insurance, consider your financial responsibilities including mortgage payments and debt. If your family may have many needs in the future such as the costs of education, you need more life insurance. People who do not have a lot of debt or future family responsibilities may not need to buy much of it. What works well for one person may be insufficient for another.

Who are my beneficiaries?

Your life insurance policy goes to your beneficiaries after you die. You need to be careful when making that decision. Take time to think about it. Your beneficiaries could include your spouse, parents, kids, or siblings. However, you do not need to choose a person. You could choose an organization or a charity.

What policy is appropriate for my needs?

The basic life insurance policies are term life insurance and permanent life insurance. Term life insurance is for a specified length of time while permanent life insurance is a lifelong insurance. The type of insurance you choose depends on your needs.

Contact Colling Insurance Services, Inc. today for your life insurance needs in Lakewood, CO.

Protect Your Business with Business Insurance

When running a business in or around Lakewood, CO it is important to do what you can to protect the investment. While you put your best foot forward to help grow the company, there are always unforeseen issues that might spring up at any time. This is where proper business insurance is critical. With the team at Colling Insurance Services Inc. you’ll discover what insurance options are available and what you should do to improve the security of you and your employee’s livelihood. 

Property Business Insurance

There is a host of business insurance options you need to consider. Property business insurance isn’t just if you own the building. It also goes into protecting valuable equipment and resources you use during a production process. So whether you use a meat slicer for sandwiches or plastic injection molding hardware for container manufacturing, this is an important form of insurance protection to consider. 

Business Insurance Add-Ons

Depending on where your building is located you may want to consider flood insurance. Other insurance add-ons can include protecting your windows. A broken window is expensive to repair, so having protection for this is desirable. You may also want to consider an umbrella business insurance. This way, if someone attempts to sue your place of business you will have financial protection in this case. No matter what kind of business you have, having the right insurance coverage is critical for your company’s wellbeing. 

At Colling Insurance Services Inc. it doesn’t matter what kind of business you have. If you’re in need of business insurance the team of insurance agents will sit down with you and go over your options. This way, whether the company is based out of Lakewood, CO or a surrounding community, you’ll discover just how insurance can protect your company. 

Finding Adequate Insurance When You Have a Bad Driving Record

Are you a driver with a bad driving record in the Lakewood, CO area? Past mistakes should not prevent you from securing the adequate car insurance that you need to protect yourself and your family. The team at Colling Insurance Services, Inc. are here to help you secure appropriate insurance and move forward with your life!

A Less than Perfect Driving Record Should Not Hold You Back from a Bright Future

One of the most helpful actions that you can take to improve the quality of auto insurance options that are available to you is to enroll in a Safe Driving Course. Whenever possible, take the necessary steps to reduce the "points" associated with your driving record as they can have a negative impact on you during your quest to obtain insurance. In the worst case scenario, you may be placed into a high-risk pool that will provide coverage but is less than ideal position to be in. If this happens to you, we recommend that you meet with one of our qualified agents to learn more about the steps that you can take to improve your driving record and secure appropriate auto insurance outside of the high-risk pool.

We all make mistakes, and while there must be accountability, there is no reason for a bad driving record to hold you back from a bright future. Our team is knowledgeable about the options available to clients with a less than a stellar driving record, and they can also help you to improve your overall profile. A proactive approach that includes a plan for the future is highly recommended.

Don’t let a bad driving record hold you back, contact Colling Insurance Services, Inc. today to learn more about your insurance options in the greater Lakewood, CO area.

My Neighbors Tree Fell on My House: Whose Home Insurance Policy Should the Claim Be Filed With?

At Colling Insurance Services Inc. serving the greater Lakewood, CO area, we realize that there is a lot of confusion over filing certain types of homeowners insurance claims. One scenario is when a tree falls from one person’s property onto another person’s property and causes damage, such as hitting their home. The parties may be unsure as to whose homeowners insurance policy the claim should be filed with. 

Unfortunately, though, there is not a one size fits all answer to this question and the answer as to which insurance company the claim should be filed with varies. 

As a general rule of thumb, if the tree fell because of strong wind gusts or floods, the neighbor whose home was damaged would file a claim with their insurance company. Their insurance company covers random acts, such as wind gusts, and is designed to cover these events. On the other hand, if the tree toppled over because it was not properly cared for and maintained, and the tree owner was negligent, the claim should be filed with their homeowner’s insurance company. 

If your home was damaged due to a neighbor’s tree hitting it, you may be unsure as to which company to file a claim with. When in doubt, file a claim with your homeowner’s insurance. if the other party has liability for the damage, your insurance company can go after them or their insurance company to recoup the money. 

Having the right amount of homeowners insurance is key in the event something unexpected like this occurs. Do you have the right amount of coverage? Contact Colling Insurance Services Inc. serving the greater Lakewood, CO area today to discuss your insurance needs with us. 

Do You Really Need Motorcycle Insurance?

When it comes to transportation, you have a few options to choose from. One of those options is a motorcycle and it is a popular one in the Lakewood, CO area. If you do own a motorcycle or have been considering getting one, you may also be wondering whether or not you should also be looking at getting motorcycle insurance. Here at Colling Insurance Services, Inc., we know that you should definitely have coverage if you are going to be driving your motorcycle. These are the reasons that you need to have it.

  • It is illegal to drive without insurance. This is the biggest reason you need to have motorcycle insurance. If you do not have it, you can get into some big trouble on the roads. It is always best to have the minimum coverage amounts so you are legally driving with insurance.
  • You want that protection. Driving on a motorcycle is dangerous and having an insurance policy can help to financially protect you if you are ever in an accident. You do not want to get caught driving without it if you are in an accident.

As you can see, you need to have motorcycle insurance for your motorcycle in Lakewood, CO. If you do not already have motorcycle insurance or even if you do and you want to make sure you have the proper coverage, be sure to reach out to us here at Colling Insurance Services, Inc. We can take a look at your current policy to make sure you have the coverage you need and we can get you a quote for a new policy that meets your needs and your budget. Reach out to us today to make sure you are insured the next time you go for a drive.

5 Things to Know About Umbrella Insurance

Umbrella insurance is an important way to protect yourself and your assets from liability and other types of claims. But with that in mind, it’s also necessary to make sure that the policy is the right one. If it isn’t, you may not get the coverage you need. If you don’t know that until you make a claim, it could leave you in a bind. Fortunately, you can avoid that type of risk by trusting your Lakewood, CO umbrella policy to the knowledgeable and dedicated agents of Colling Insurance Services, Inc. Here are five things you should know before buying your policy.

1. Umbrella insurance is additional coverage, and adds an extra layer of protection over and above home, auto, business, and other types of policies.

2. People with significant assets may need umbrella coverage, but people with smaller asset levels may also feel better with additional coverage.

3. Umbrella policies don’t have to be complicated, and many policies are available that provide a high level of value for the policy requested.

4. Anyone can get an umbrella policy, and they can get better peace of mind along with that insurance coverage.

5. Working with a good agent makes a difference, because it helps you get the policy you need from people you can trust.

When it comes to getting the right policy, the right company is going to make a difference. Insurance policies are only as good as the companies that back them, so finding a trusted company matters. That way you can enjoy the quality and value you expect, along with the peace of mind you want and need. By purchasing your Lakewood, CO umbrella insurance from Colling Insurance Services, Inc. you can put your worries to rest and know you are adequately covered.

Motorcycle Insurance- What’s Covered and What Isn’t?

Why do I Need Motorcycle Insurance in Lakewood, CO?

Motorcycle insurance is a necessary protection for the motorist and anyone that they may hurt, as well vehicles that they may potentially damage on the road. A motorcycle insurance policy will back you financially in case of an accident, damage, or loss or theft of your motorcycle. Coverage is applicable to choppers, street bikes, mopeds, and Segways. Colling Insurance Services Inc. understands the ins and outs of motorcycle insurance and can guide you toward purchasing the right policy for your bike.

What Will a General Motorcycle Insurance Policy Cover?

A general motorcycle insurance policy will cover some costs incurred with damages and compensation if you cause damage or harm to another person and/or their property. Motorcycle insurance will also cover legal fees, including at-fault liability claims and judgments. Claims are covered only up to the limit of your policy amount.

Motorcycle insurance policies are customizable and can be done so to include medical payments, full replacement of your motorcycle, comprehensive coverage- which covers damage or loss outside of accidents, as well as theft, uninsured riders and more. Insurance coverage should be picked according to your bike type and usage- the riskier the vehicle and the more frequently it is used, the more insurance you will require.

What is Not Covered by a General Motorcycle Insurance Policy?

Because motorcycle insurance policies can be tailored, there is a lot that can potentially be covered by your policy. However, there are instances where your insurance will not cover you whatsoever. That is in the case of using your motorcycle to race or perform stunts, causing intentional bodily harm or damage to someone’s property, using your vehicle to perform deliveries or act as a taxi service, or committing crimes.  

Colling Insurance Services Inc. caters to the Lakewood, CO community and can help you figure out the best policy for your motorcycle. Contact one of our experienced agents today to get started. 

Why You Should Have Dental Insurance

Dental work can be expensive in Lakewood, CO, so dental insurance can make sense for you as long as you understand what is being covered. This allows you to still see the dentist you prefer.

Many people don’t think insurance is worth it because you don’t come out ahead, and dental insurance is not a type of insurance that you are required to have, but there are a number of benefits.

Dental insurance emphasizes prevention, so typically two exams a year, x-rays cleanings and fluoride treatments are covered. This helps increase the chances that those with insurance will actually visit the dentist. Preventative care saves a lot of money in the long run. For those that need treatments, such as fillings, root canals and crowns, you won’t have to dig into your savings account and you’ll pay a lot less for any treatment that is needed. As adults get older, they may need more work on their teeth, which makes dental insurance worth the cost.

There are different types of dental insurance plans, and the best way to find one that works for your situation is by speaking with an agent at Colling Insurance Services Inc. An agent can help you decide if a PPO or HMO plan is better for you. HMO plans usually restrict coverage to dentists within a limited network. PPO plans allow patients to see dentists that are outside the network, but are charged much lower rates if they see a dentist that is within the preferred network. There are some waiting periods with dental insurance, so it’s important to get insurance before you need a cavity filled or some other dental work. You aren’t able to sign up for insurance just when you have an emergency.

Contact an agent at Colling Insurance Services Inc. serving Lakewood, CO to discuss dental insurance options.