Tag Archives: Inc.

How Boat Insurance Protects You

If you’re a boat owner, you need to be covered with a boat insurance policy. These policies are exactly what you need to protect yourself when you go boating. Colorado doesn’t require you to have a boat insurance property, but you still need one to be well-protected. Many things can happen when you go boating or even have your boat out of water. These expensive events could force you to sell your assets to pay for them. To keep that from happening, get a boar insurance policy. Call us at Colling Insurance Services, Inc. in Lakewood, CO to get one.

Boating Accidents

You might not hear much about them, but boating accidents happen all the time. They work much like auto accidents do on land. When two watercraft get into an accident, the fault of the accident must be determined so that you know who is liable for paying the costs. If you have a boating accident that you’re at fault for causing, paying for damages and medical bills can be expensive. You’ll also have to pay for the damage to your own boat and personal articles. For this reason, you need at least liability coverage for your boat. This pays for the other party’s expenses from the accident. 

Other Boat Coverage

You need to have collision coverage to get coverage that pays for your own boat damages after an accident. This pays for your own damages, even if you were at fault for an accident. When your boat isn’t in the water, it can be covered by comprehensive coverage added to your policy. 

Get Boat Insurance

When you need boat insurance protection, call us at Colling Insurance Services, Inc. in Lakewood, CO to get started. 

Do Non-Profits Need Umbrella Insurance?

When running a non-profit, you know protecting all your team is working toward is vital. Having the correct type of insurance policy can help you rest assured that your non-profit’s income flow will be protected in various situations. At Colling Insurance Services Inc., our team is here to provide Lakewood, CO residents with the insurance policies they need to protect their hard work. 

What Type of Insurance Does a Non-Profit Organization Need?

Budgets can be tight in non-profits, and it makes sense that you might try to cut costs. Insurance is one area where you don’t want to skimp. An unexpected event can cause your team’s hard work to vanish, but a solid insurance policy can help to ensure that you’re protected. 

In addition to general liability insurance, having an umbrella insurance policy in place for your non-profit organization is a good idea. An umbrella policy will protect your business if you have an issue that isn’t covered by your other insurance policies. It’s important to work closely with an insurance agent when deciding whether an umbrella policy is the right fit for you, as you’ll want to carefully consider your current coverage to determine if you’re fully protected.

Colling Insurance Services Inc.: Serving Lakewood, CO 

At Colling Insurance Services Inc., our team proudly serves Lakewood, CO residents. No matter what type of insurance policy you need, our team is here to help you with all your insurance needs. Reach out to us today or give us a call to learn more about how we can help you rest assured that your non-profit is protected.

What Types of Life Insurance are Available?

Life insurance is an essential financial planning tool for protecting loved ones or business partners. If you want to learn more about life insurance coverage options, the experts at Colling Insurance Services Inc. can provide you with the support and insurance products you need. We proudly serve the residents in and around the Lakewood, CO, area.

Available Life Insurance Coverage in Colorado

If you are unsure which life insurance product suits your specific needs, our team of licensed life insurance experts can help you understand each type of life insurance product we offer and match you with those that offer the most benefit. 

We can also help you understand the terms and conditions associated with each policy to ensure you are an informed consumer. We can also assist you with submitting documents to acquire your policy quickly. We can also provide ongoing customer service for the lifetime of the policy and support beneficiaries with claims submissions. 

We work with our clients to help them get the best protection for those who matter most. Let us work with you to get coverage that offers peace of mind. 

Reach Out to Colling Insurance Services Inc. Today

If you want to learn more about life insurance products that offer security, please reach out today. Feel free to call or stop by Colling Insurance Services Inc. We proudly provide a range of insurance products to the residents in and around the Lakewood, CO, area. Please don’t take chances when it comes to your life insurance coverage. Let us work with you to help you understand your options and secure the right choices to offer the best protection for you and your loved ones. 

Long Term Care Insurance: What Is It, What Can It Do For You

Health insurance will cover you should you need a hospital stay, but what about old age? Even if you avoid a tragic accident, everyone eventually gets old and may need elderly care. Long-Term Care Insurance will take care of costs should you need to enter a facility or require a live-in nurse. This will become necessary should someone over age 65 be unable to perform one of the six activities of daily life. This includes eating, dressing, bathing, transferring, toileting, or continence. A care provider may also perform instrumental activities such as cooking, housekeeping, medication management, etc. Long-term care insurance pays for what health insurance won’t.

What Long-Term Care Covers 

If you are no longer able to do a number of the activities of daily life on your own or become cognitively impaired, you become eligible for the benefits of long-term care. Your age at the time of purchase may affect the cost. Women may have to pay more because, on average, they live longer than men. A pre-existing health condition may not prevent you from getting a policy. However, the policy might not cover any care germane to that specific condition for quite some time after it goes into effect. 

Why You Should Get It

There are two main reasons for getting long-term care insurance. The first is to protect your savings. The other is to give you more options for your care. Long-term care can run quite expensive. Long-term care insurance may help you find a better quality of care than health insurance alone can. 

Contact Colling Insurance Services Inc. For Long-Term Care

If you are in the Lakewood, CO area and looking into long-term care, consider Colling Insurance Services Inc. We’re here to help you. 

Four challenges you may face when you buy health insurance

American consumers can, unfortunately, face specific challenges when it comes to health insurance. Suppose you’re a consumer in Lakewood, CO. In that case, we can provide you with the health insurance information you need at Colling Insurance Services Inc. We’ll answer your questions and help you overcome any health insurance challenges you face.

The following are four challenges you may face when you buy health insurance. 

Missing enrollment periods

For most health insurance policies, you have a limited period in which to enroll. This is especially true if you want to enroll in a plan that includes a subsidy you get through the Affordable Care Act.

That’s why you need to be aware of enrollment periods and purchase a policy before any applicable enrollment period has ended. 

Understanding the health insurance policy that you choose

Health insurance can be a complicated financial product. Consumers must review the details and read all the fine print before purchasing a policy.

Ensure you understand issues like deductibles, coverage maximums, copays, and coinsurance entirely when shopping for health insurance. If you have any questions, ask a representative from the health insurance provider you want to buy a policy from. 

Being aware of all the resources available to you

Some consumers don’t realize they have health insurance options available to them through their employer or state or local government. 

Look into options provided by your employer, your state health exchange, and any memberships you have in professional organizations before you buy a policy. 

Not knowing what the future holds

Unfortunately, knowing what the future holds regarding your health is impossible. That’s why it’s always best to invest in high-quality coverage even if you’re healthy and don’t think you’ll need medical care in the near future. 

At Colling Insurance Services Inc., we’re here to help consumers in Lakewood, CO find the right health insurance options. Call us today to get a policy quote. 

The Smile Saver: Exploring the Benefits of Dental Insurance

Dental insurance often plays second fiddle to its more prominent counterparts: health and life insurance. However, the importance of maintaining good oral health should not be underestimated. Colling Insurance Services Inc offers a range of dental insurance options to suit diverse needs and budgets. Our team of experts is dedicated to guiding our Lakewood, CO neighbors through the process of finding the most suitable plan, considering your specific circumstances and goals. 

Let’s dive into the realm of dental insurance, taking a closer look at the crucial advantages that come with it. The primary benefit is the coverage of dental service costs, from regular check-ups and cleanings to more extensive procedures like fillings, crowns, or even oral surgeries. Dental insurance encourages a preventative approach to oral health, potentially saving you from costly procedures in the future.

Also noteworthy is the peace of mind that dental insurance brings. With a comprehensive plan, you’re covered in case of dental emergencies. It’s hard to put a price on avoiding the stress of unexpected financial burdens on top of health concerns. Many comprehensive dental insurance plans cover orthodontics, oral surgeries, bridges, and dentures. Even if these are not needed now, it’s good to know that you’ll be covered in the future if the need arises.

Dental insurance is an investment in your long-term health and well-being. If you’re ready to learn more about the benefits of dental insurance and what Colling Insurance Services Inc. can offer, don’t hesitate to contact us. Our team is prepared and eager to help you make informed decisions about your dental health. Contact us today for more information and details about dental insurance in Lakewood, CO.

Four Types of Commercial Insurance Coverage

If you own a business, you need commercial insurance. However, knowing which policies are right for you can be daunting. We offer commercial insurance policies at Colling Insurance Services in Lakewood, CO. 

1. General Liability Coverage

General Liability insurance protects you from liability claims. General liability covers the costs if your product or service injures someone or damages their property. 

You are also covered for false advertising, copyright infringement, and slander. Most policies also cover your legal expenses if you are sued. 

2. Commercial Property Insurance

Commercial property insurance is similar to a homeowner’s policy. It covers the structure of your building and its contents.

Even if you lease your space, this type of policy is essential. You probably have expensive equipment or inventory. Commercial property insurance covers these items as well. If your manufacturing center, storefront, warehouse, or office is damaged, you’ll have the money to repair or replace the property. 

3. Business Interruption Insurance

It would be best to have business interruption insurance, particularly for small- to medium-sized businesses. If you are unable to open your business for days or weeks, this will seriously affect your bottom line. 

Business interruption insurance is designed to cover the losses of being unable to open your business due to covered situations, including fire or plumbing issues. 

4. Worker’s Compensation Insurance

If you have one or more employees, you are required to have worker’s compensation insurance. If an employee is injured on the job, this policy will cover their medical expenses and lost wages while they recover. 

Commercial Insurance at Colling Insurance Services Inc. 

If you need commercial insurance in Lakewood, CO, contact us at Colling Insurance Services Inc. Our agents help you select the best policies for your business so you are fully protected.

Do I Need Worker’s Compensation Insurance? Understanding the Legalese

One part of owning and operating a Lakewood, CO business is ensuring the company follows local commercial laws. One such law ensures you are adequately insured with worker’s compensation policies. Worker’s compensation policies are designed to offer employees lost wages and medical reimbursement in case of an accident or illness caused while working. They thus likewise provide employers with work-related injury legal fees and protection from high medical costs. In short, worker’s compensation policies do work to protect everyone, which is a large part of why they are generally mandated by law.

Do I Need Worker’s Compensation Insurance: A Look at the Exemptions

We say "generally" because while most Lakewood, CO businesses will need this type of insurance, there are some exemptions. Our Colling Insurance Services, Inc. team is always here to cut through the noise and get our clients the answers they want about insurance policies. So, if you’re asking whether your business needs to have this type of insurance, our answer is yes, unless:

  • You employ casual repair or maintenance workers who earn under $2,000 annually. 
  • You employ real estate agents or brokers who are paid by commission.
  • You hire independent contractors and not your employees.
  • You hire drivers who work with a contract carrier.
  • You are a sole proprietor with no employees (you may but are not required to carry worker’s compensation for yourself).
  • You have an LLC, and your corporate officers or members choose to exclude themselves (again, you may carry worker’s compensation on their and your behalf but are not required to do so by law).

Learn More With Colling Insurance Services, Inc.

Have more questions about commercial insurance policies? Give our team at Colling Insurance Services, Inc. a call today and let us answer your questions and get your Lakewood, CO outfitted with the right insurance coverage for your needs and budget. 

The Ultimate Guide to Understanding Auto Insurance Coverage

Understanding auto insurance coverage isn’t always easy. But if you’re in the Lakewood, CO area and looking at updating your policy or getting a new one, Colling Insurance Services, Inc. can help you find the proper protection for your vehicle. You want to make an informed decision about protecting your car, truck, or SUV, and that’s much easier to do when you have an agent to answer your questions.

Liability insurance is a requirement, so that’s the first coverage you want to look at. There are minimum amounts you’ll need to have, and many people choose to get coverage amounts that are higher than the minimums required. While you don’t have to do that, you may feel more secure and have additional peace of mind if you do.

Another type of coverage is comprehensive, which covers things like fire and theft. If your vehicle is financed, your lienholder will probably require that you have this. If you own your vehicle, you aren’t legally required to have comprehensive insurance coverage. Many people choose to include it because it adds valuable protection to their vehicle.

Additionally, you may want to consider collision insurance. Financed vehicles generally require it, but it’s also an excellent way to protect other vehicles. If you’re involved in a single-car accident or one where the other driver doesn’t have adequate insurance coverage, having a collision policy as part of your policy can help you get your vehicle repaired or replaced.

If you’re in the Lakewood, CO area, Colling Insurance Services, Inc. can answer your questions about the different kinds of auto insurance coverage, so you can find the right policy that meets your needs and protects your vehicle. Contact us today, and let our trusted agents help you with your insurance questions.

What Does Homeowners Insurance Not Cover?

A homeowner’s insurance policy provides coverage for a broad range of risks or perils that can potentially impact your home and its occupants. If you live in the greater Lakewood, CO, the insurance professionals at Colling Insurance Services Inc. are available to help you understand what a homeowner’s policy may cover and what it excludes.

Common Scenarios Typically Not Covered By Standard Homeowners Insurance

These events are typically excluded from a standard homeowners policy:

Flood damage

Most home policies exclude flooding – defined as excess water on land that is typically dry. According to the insurance industry, flooding is not the same as water-related damage (i.e., damage from a leaky roof). To protect against flood damage, homeowners can buy a separate flood insurance policy.

Maintenance-Related Issues

Homeowners insurance is not designed to provide coverage for your home’s routine maintenance or normal wear and tear. Damage from a lack of maintenance/pre-existing conditions will typically be excluded.

Sewer Backups

Damage caused by a sump pump failure/sewer backup may not be covered; however, a rider or endorsement is typically available. 

Intentional Acts

An intentional or illegal act that causes damage is typically not covered.

Earthquakes

A standard policy for homeowners doesn’t typically cover earthquake damage. A separate policy or endorsement may be available for those in an area prone to earthquakes.

Home-Based Business Liability

A home business may need an additional policy (a Business Owners Policy) to protect business-related liabilities.

Acts of War/Nuclear Hazards

Damage resulting from nuclear hazards, acts of war, or will typically be excluded.

Contact a Leading Insurance Company Today

To speak with an insurance professional at Colling Insurance Services Inc. in Lakewood, CO about available homeowners insurance coverage options, contact a staff member at 303-987-3331 or reach out online.