An umbrella insurance policy does not stand on its own. It is a type of insurance that you get to supplement other policies that you already have in place. When your liability on other policies isn’t very high, you can supplement it by getting an umbrella policy. If you are interested in this type of coverage, call us at Premier Group Insurance in Lakewood, CO to talk with an agent.
The Umbrella Policy
An umbrella policy comes in handy when you already have home and auto policies on your residence and your vehicle. When you have those two policies, each is responsible for some liability when there is an accident or other incident that causes problems. However, the liability coverage amount is often not very big. So, your auto or home insurance could max out after an accident and leave you paying out of pocket to cover the rest. When that max out, an umbrella policy kicks in.
Raising Liability Coverage
Instead of you paying out of pocket when your home and auto insurances are maxed out, your umbrella policy is activated, and it pays more of the liability amount up to a specific maximum, which is often quite high. The umbrella policy is extra protection for both of these insurance types, and it can save your financial future if there were to be a serious accident. Your umbrella insurance has a high maximum value, but it costs relatively little. An umbrella policy costs much less than you would pay to raise your liability coverage through your home and auto policies.
Get Your Umbrella Policy
If you need more liability coverage, it may be time for an umbrella insurance policy. Call us at Premier Group Insurance in Lakewood, CO to talk with an agent about what these policies can do for you and your future.
It’s important to consider all your options and do your research before you select an auto insurance policy in Lakewood, CO. We can help you explore your options at Premier Group Insurance.
The following are three options you have when you purchase auto insurance in Colorado.
The deductible amount is the amount you have to pay before your insurance coverage will start paying for the costs of your claim. The higher your deductible amount is, the less expensive your monthly premiums will be.
However, choosing a higher deductible amount is probably not a good idea. If you choose a high deductible amount, you might have trouble paying it in the event of a claim.
Collision or comprehensive coverage
You do not have an option in Colorado of whether or not to purchase liability coverage. However, you do have a choice of whether you want to purchase collision or comprehensive coverage.
Collision coverage covers you for the costs of damages to your own vehicle in an accident. Comprehensive coverage covers you for damage caused by incidents like fires and vandalism. Both collision and comprehensive coverage are valuable types of coverage to have.
Insurance policies generally have maximized limits. A policy will only pay out so much money for a claim. The higher your maximums are, the more financially secure you’ll be in the event of an accident and a claim.
It’s important to understand your options when you buy an auto insurance policy in Lakewood, CO. If you have any questions about your auto insurance options, feel free to ask us at Premier Group Insurance. Contact us via our website for assistance.
Buying life insurance in most cases is an act of love. It is purchased to offer protection to those who depend on you. If something should happen to you, the people who count on your income would be in a difficult situation. Life insurance can help to not only bridge the difficult time immediately after your passing but offer support into the future if that is necessary. Determining how much life insurance is enough takes a lot of thought and planning. Having an insurance agent you know and trust can go a long way toward helping make this decision easier. At Premier Group Insurance in Lakewood, CO, we are an independent agency that works for you, not an insurance company. We put your needs first.
If you are single, have no dependents and no debt, a minimum amount of life insurance will probably do. You need to pay for your final expenses and that is enough unless you want to leave a legacy to someone in particular. If you have a dependent then you need to add more and it is never a good thing to leave your loved ones with any debt you might have.
Once you get to the point where you have a spouse or partner, children, a mortgage, and credit card debt, you need to be thinking a little more seriously about the dollar amount of life insurance you have. Experts recommend that you have between seven and ten times your annual income in life insurance. If you make $100.000 that is $700,000 to $1,000,000. You probably have some insurance provided by your employer but you need to protect yourself with insurance that won’t stop if you leave your job.
If it’s time to reaccess your life insurance at Premier Group Insurance in Lakewood, CO we are ready to sit down with you and make sure you have the insurance you need at a price you can afford. Call our office to set up an appointment or stop by for a free quote.
As a home-based business owner, you may have many questions when it comes to commercial insurance. You may question whether or not you’re a good candidate for this type of insurance in addition to what type of coverage you would benefit most from. This is a question not easily answered without knowing the details of your unique situation. This is one of the many reasons why speaking with an insurance professional is a good idea.
Every Situation is Unique…
As a business owner, there are many variables that come into play when it comes to deciding on your need for commercial insurance. A Premier Group Insurance agent will ask specific questions about your business, the number of employees, and the type of liability or risk that may be associated with what you do. There will also be questions regarding the space you conduct your business in and any unique needs that may come from the space you work in. Premier Group Insurance of Lakewood, CO is dedicated to cutting out the confusion when it comes to commercial insurance. Business owners have unique circumstances and unique environments that may require moire emphasis or insurance coverage in some areas more so than others. We’re here to help guide your decision and help you obtain the coverage you need most. We will discuss the type of business you run, what is required if you have employees, and other issues that may be relevant to your situation. Working from home presents unique issues as a business owner. Were her to help erase the confusion and educate business owners who work from home on the different insurance options available to them. We look forward to your call and were her to provide answers to your questions.
For most people that live in the Lakewood, CO area, owning a car is practically a necessity. When you have a car, you will have a convenient asset that makes it a lot easier to get around town and complete your daily tasks. When you do get a car, you should also get auto insurance as it will provide a car owner with a range of different benefits.
Ensures Legal Compliance
One of the benefits that come when you protect yourself with auto insurance is that you can ensure you will remain in legal compliance. Those that need to drive a car on a public road are going to be required by law to carry auto liability insurance. When you have a full auto insurance policy, it will come with the necessary amount of liability insurance to protect you and be in compliance with state law.
Insurance Protects Asset
Buying a car is always a big purchase. Due to this, you will want to ensure that your investment is always properly covered and protected. A great way that you can do this is by getting a full auto insurance policy. A full policy will include many different forms of coverage including collision and comprehensive protection. With this coverage, you will receive protection to repair or replace your car if it is stolen or damaged.
As you are looking for insurance in the Lakewood, CO area, you should reach out to the team at Premier Group Insurance. When you call the team at Premier Group Insurance, you can learn a lot more about your needs and options. The team here can help you build a policy that will adequately protect you and your vehicle, which will also give you some peace of mind.
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.
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.
If you need to buy recreational insurance and you’re in the Lakewood, CO area, Premier Group Insurance can help you find the policy that’s right for your needs. No matter what type of recreational vehicle you have, or whether you have more than one, making sure they’re properly insured matters. Here are six of the most important questions to ask your insurance agent, whether you’re getting your first policy, updating it to reflect something new, or you just want to find out if your policy should be reviewed.
1. Can you see quotes from multiple companies for comparison of coverage types and levels?
2. Who can you reach out to if you have questions about your policy, or changes you want to make?
3. How often should you and your agent go over your insurance policy, to make sure it’s right for you?
4. Do different kinds of policies cover specific types of recreational vehicles?
5. Does your homeowner’s insurance cover any kind of recreational vehicle when it’s in use?
6. How many recreational vehicles can you include on one policy, or do they all need separate policies?
Don’t settle for less than a quality, dedicated company with trained and trusted agents who are focused on meeting your needs. You can get all the support and assistance you expect for your Lakewood, CO area recreational insurance needs when you talk to us at Premier Group Insurance. Reach out to us today, and let us help you find the right policy. We can get you a policy that’s new, or make updates to the one you already have. If you’re not sure what might need to be changed, a policy review will give you options and answers. We want you to have all the information you need to make the right decision about your insurance, and we’re here to help.
Premier Group Insurance is an independent agency that offers insurance policies to residents in Lakewood, CO and the surrounding communities. We strive to establish meaningful relationships with all of our clients. To ensure that we meet the needs of our clients regardless of the situation, we have successful partnerships with insurance companies in more than 30 states.
Finding The Right Motor home Insurance Policy
Premier Group Insurance is aware that many people use motor homes as an alternative method of travel. While motor homes are viewed as an asset in regards to other long-distance transportation options, it’s important that you maximize your investment by purchasing motor home insurance.
Motor home insurance will cover you in the event that you are involved in an accident that causes damage to the motor home or an injury to someone. Motor home insurance will also cover your motor home if it is vandalized, stolen, or totaled due to a natural disaster. Motor home insurance will also cover you if there is an injury claim from a visitor or if you are involved in an accident with someone who does not have insurance.
Motor home Classes
While you are researching different policies, figure out which class your motor home will be included in, as that is an important variable regarding the type of policy that you may qualify for. Class A motor homes are the largest in the fleet. Class C motor homes are medium-sized and Class B motor homes are the smallest. In addition to the size of the motor home, your policy may also be impacted by the motor home’s age, the personal amenities inside the motor home, and the motor home’s usage. The location where your motor home is stored may also impact your policy.
Premier Group Insurance Can Assist You
Premier Group Insurance is committed to helping you find the coverage that you’re looking for at an affordable price. To learn more information about our service to the Lakewood, CO community, visit our website.
The whole concept of RV insurance is that you are buying protection for your RV, your vehicle, in the event that it takes on damage in an accident. You also have the ability to add to that protection so that you can also have coverage if the damage is done while the RV is stationary or parked. If you have such a loss, though, what about the contents inside of the RV? Do you have protection for these assets?
When you are making the move to buy RV insurance, you want to have a good idea of all of the different options available. One of the coverage options you will likely be presented with will include protection for the personal belongings that are inside of the RV.
The coverage is going to be known as replacement cost or personal effects coverage. This is typically going to be an optional coverage that you will add to an RV insurance policy. The coverage that you get will be dependent on what your needs are. You want to work with an insurance agency to have a full understanding of your specific needs. As a Lakewood, CO RV driver, you owe it to yourself to ensure you have adequate protection out on the open road.
Some of the personal property you may want to cover inside of your RV could include high-tech equipment such as a smartphone, a camera, maybe a television, and more. These are items that would be expensive to replace. Having the insurance coverage can help to protect you in the event they are lost in an accident. Work with the team at Premier Group Insurance to scope out your RV insurance options today.
Those who already own, or are considering purchasing a dirt bike, may wonder if their needs can be met with motorcycle insurance. Although motorcycles and dirt bikes are similar in appearance, they actually have different purposes and functions, which means they need separate insurance.
Dirt Bike Insurance
There is a special type of recreational vehicle insurance made specifically for dirt bikes. This insurance covers instances that are unique to dirt bike owners. Motorcycle insurance is much like auto insurance with a few exceptions that make it more ideal for use on the roads and highways. To find out what type and level of coverage you need for your individual needs, you should consult an experienced insurance agent.
Which Insurance Options Work Best
The right way to get the ideal level of protection for a dirt bike or a motorcycle is to work with an experienced insurance agent who can sit down one on one with clients to discover options that meet their needs. Those who have questions about dirt bikes and motorcycle coverage should consult with Premier Group Insurance serving Lakewood, CO. They will have answers that Make determining which policies work best and then sorting through the available options to protect from possible losses.
Residents of Lakewood, CO should have a professional insurance company to turn to with questions about coverage and what options are out there for them. Call or stop by Premier Group Insurance if you live near Lakewood CO to find out more about which coverage works best and how to avoid losses as a result of inadequate coverage or even costly gaps in the coverage.