Another long year has passed and it’s time to look ahead towards the coming year. While most are considering weight loss plans and other resolutions, or simply enjoying the New Year revelry, there is also a time where you have to evaluate your 2018 finances. It may not sound too exciting, but your insurance coverage is a big part of your 2018 plan. So before you put it off or forget to do it altogether, here are some 2018 insurance resolutions for the new year.
The difference between Market Value (sales price) and Replacement Cost (insurable value).
The Real Estate Market in Colorado is booming, and as a result the value of many Colorado homes is going up. New home buyers are seeing the price of the homes they buy go up as well. Homeowners insurance is an important part of the equation of buying a new home, and in a market like we’re seeing in Colorado, it can bring up some confusing situations. Today we’d like to address a common question we receive from those who just purchased a home: “Why Am I Insuring My Home For Half Of What I Just Paid?”
Day after day, commercial after commercial, promises of savings and better auto policies flash on your television. Americans love to talk about switching and saving on their auto coverage, but here is a quick tip. The best way to save on your auto policy, and your insurance policies in general, is to learn more about your coverage options. Auto insurance FAQs range from simple “Do I Need Car Insurance” to much more complex questions. We’d like to guide you through some of the most common auto insurance FAQs so you’ll be informed and ready to find the best coverage for you.
It’s that time of the year in Colorado. As temperatures drop, the morning walk to the car, and the shivering after you first start it, can be a pretty unpleasant experience. This is especially true when you do it day in and day out. It’s tempting to start the car before you have to leave so it’s warm when you get into it. Today many drivers all around the country rely on this tactic to prevent those first few freezing minutes of the drive. What many Colorado residents might not know is that this practice, known as “puffing” or “car puffing,” is illegal in the state. Even though it is an established law, every year people ignore it or simply don’t understand why it is a law. Fact is car puffing has some severe consequences, which led it to be outlawed in the first place. Let’s learn more about car puffing and why it is illegal.
Halloween is almost upon us, and there’s plenty to do for both families and adults around Denver this year. While many events will be repeats from last year or classic traditions, there are several new events sure to catch your eye. You’ll be able to take the kids to some events and then drop them off at the babysitter so you can attend more adult-themed events in the evening. Here’s your guide to spooky Denver Halloween destinations in 2017.
Homeowners insurance can be one of the most confusing policies available, but you’re not alone in navigating this important coverage option. Every new homeowner has plenty of questions about their coverage and policy details. Even customers who have had homeowners insurance for years on end still come to us with questions, which is great because there are always ways to improve your existing coverage. Whether you’re a new homeowner or a long standing customer, it’s important to get all your questions answered. We’ve selected some of the more confusing elements of homeowners insurance and posted questions and answers below. Learn more about the top homeowners insurance FAQS below.
The recent Equifax data breach has people everywhere angry and scrambling to check for potential identity theft and fraud. While it can be unnerving to not know how exactly this breach will effect you and your credit, it is best to stay calm and take the necessary precautions to protect your identity. Your best course of action may be to freeze your credit. This is an option that is always available to you, regardless of whether you’re a victim of the recent data breach. Freezing your credit puts a hold on any new applications that require review of your credit history. This prevents thieves from using your information to open new accounts or exploit your identity in other ways. So without further delay, let’s learn more about how to freeze your credit.
If you’re hoping for a bit of a break on auto insurance rates, the news isn’t good for 2018. A recent report from some of the top automotive insurance companies shows that underwriters aren’t recouping the losses that their policies are designed to cover. In short, this likely spells higher rates for you in the coming year. While this news can be discouraging, it doesn’t mean that motorists in Colorado are helpless to stem the tide and bring rates back down. Let’s take a closer look at the most recent trends and investigate why auto insurance rates are rising.
Colorado, like many states, is full of beautiful old homes. While many homeowners in Colorado are buying new and modern homes, there are several reasons why a buyer might prefer an old home. Unique classic architecture, solid building materials like brick and quality wood, and a desirable location can all be reasons to invest in an older home. Of course maintaining and insuring an older home can offer unique challenges, but not ones that are insurmountable for homeowners. Let’s examine the unique demands of insuring an older home.
Homeowners insurance is a must-have for any homeowner, be it a first-time owner or a long time owner. We shop for it with certain events in mind. Fire, water damage and theft are the primary incidents that homeowners worry about, but this coverage can also help with events like liability for injuries and damage to a neighbor’s property. What you may not realize is homeowners covers several circumstances that you probably never think about, but may need in the future. Here are several items you didn’t know homeowners insurance covers.