3 Ways Home Liability Insurance Protects You

Insuring your Lakewood, CO home is the smartest, most effective way of protecting your valuable investment. Home insurance from Premier Group Insurance not only protects your home but your belongings and your financial assets by protecting you against liability claims and lawsuits. Home liability is the coverage that protects you against accidents people may have when they visit your property. Without insurance protection, you could wind up paying for medical bills, damaged goods, or even legal expenses, if an accident leads to a lawsuit, out of your own pocket. Here are a few ways liability insurance protects you.    


There’s nothing unusual about home accidents. Most are just minor incidents that don’t require medical care. If, however, one of your visitors has a serious accident that sends him to the hospital, you could be held accountable for his medical costs. Liability insurance protects you financially by covering these costs. Liability insurance covers accidental injuries that can occur from slip and falls, tripping down the stairs, dog bites, sports play in the yard, pool mishaps, and more.

Property Damage

Liability also covers damage to a visitor’s property such as a cellphone, laptop or car. If your son hits a baseball that smashes into your friend’s windshield while his car is sitting in your driveway, liability insurance will cover repair costs. This saves you from having to dip into your savings account to cover these costs.   


In the event that an accident leads to a lawsuit, liability insurance will help cover your legal costs. If you lose the lawsuit, your liability insurance will cover the cost of settlement, up to the limits of your policy. Serious liability claims can be extremely costly. For this reason, you should have sufficient liability coverage to safeguard your assets against these risks.

To learn more about liability coverage for your Lakewood, CO home, contact Premier Group Insurance.

How to Prepare Your Home For an Emergency

Having the right home insurance policy in place can help you if your home is ever involved in an emergency situation. However, having the right insurance is not the only step you should take to prepare your home for an emergency. Here at Premier Group Insurance, serving the Lakewood, CO area, we know that no one wants to find themselves in an emergency situation, but here are a few tips that can help minimize the damage in the event that you do. 

Equip Your Home With Detectors and Alarms

One of the best ways to prepare your home for an emergency is by utilizing detectors and alarms. This includes items such as sump pump alarms, fire detectors, carbon monoxide alarms, and leak detectors. Each of these detectors or alarms can sense a potential problem in your home and alert you to the issue. This can help you to mitigate the problem before it becomes an emergency or can help you to get your family out of the home safely. 

Have a Fire Extinguisher on Hand

Another way to prepare your home for an emergency is to ensure that you have a fire extinguisher on hand. A small fire can grow rapidly. Having a fire extinguisher on hand can help you to put out small fires that may otherwise grow to larger ones if not quickly contained. 

Prepare An Escape Plan

The final way to prepare your home for an emergency is to prepare an escape plan and then test that plan out. Ensure all of your windows open and close and get window ladders if needed. This ensures everyone can safely exit the home in an emergency situation. 

The right home insurance policy can help protect you against financial losses in the event your home sustains an emergency. If you are looking to update your home insurance policy or purchase a new one in the greater Lakewood, CO area, Premier Group Insurance can help. Contact us now to get started. 

Updating your policy for additions to your home

When you change your home, you need to change your home policy. This goes for everything from basic remodeling, adding new fixtures, and so on to additions and other extensive work. Whenever you make a significant change to your home in Lakewood, CO, you’ll want to give Premier Group Insurance a call to update your policy so that it reflects those changes.

It primarily comes down to what you want to be covered. Maybe that new sink only cost fifty bucks, and there’s not much of a point covering it. But what about that six hundred dollar bathtub, or the new room addition? Those are going to add significant value to your home, and the problem is that your insurer doesn’t know it until you let them know. This means that if something happens, you’re going to be out whatever it cost you to remodel your home, as it won’t be covered by your policy.

Following an extensive remodeling project or addition, the best way to make sure you’re covered is to bring in an appraiser. They can help you to get a proper assessment of your home’s current value so that you can take that price to your insurer and get covered.

Premier Group Insurance in Lakewood, CO can provide you with a plan that’s flexible enough to cover new additions and remodeling whenever you need it. Maybe not every remodeling project demands a new policy, but any time you sink serious effort and money into your home, you’ll want your insurance coverage to reflect that. So don’t slack on it, bring in an appraiser and make sure that your policy reflects your home’s value.

Will home insurance cover mold in my basement?

Basements are pretty creepy places, to begin with. There are dark corners, spiders, and that awful basement smell. But what if that smell we so commonly associated with basements is mold? 

When left untreated, mold can have severe consequences for your home and your health. Many types of mold can cause allergies, respiratory infections, and if left untreated long enough, can potentially be fatal. It makes sense that if mold is in your home, your home insurance will cover the cost to fix the damage right? It turns out that might not always be the case. Luckily, the experts at Premier Group Insurance, serving those in Lakewood, CO, have the details on what may and may not be covered.

The determining factor for whether or not home insurance will cover mold is the source of the mold. If the mold in your basement is a result of a home catastrophe, such as a broken pipe, then yes, home insurance would cover the expense to remediate the mold. If however, the mold in your basement is a result of a flood, chances are the mold remediation will not be covered. This is because, in most home insurance policies, flood damage is not covered unless a person has additional flood insurance. One other way that mold remediation would not be covered is if it is deemed the mold is a result of neglect or negligence. In this case, the fault and the cost are solely on the homeowner’s shoulders.

Knowing the ins and outs of home insurance can be complicated, but luckily the professionals at Premier Group Insurance can help. If you are a resident of Lakewood, CO and have questions concerning your existing home insurance policy, or if you need help starting a new home insurance policy, feel free to reach out to our office. Our expert staff is eager to assist you with any questions you may have.