Category Archives: Insurance

Boat Insurance for Before and After You Set Sail

Colorado’s Active Lifestyle and Boating Insurance

Colorado is renowned for its outdoors and active lifestyle, and this is no different for those residing in the Lakewood, CO area. From biking and hiking to swimming and boating, residents of Colorado spend a great deal of time outdoors and on the water. That’s one of the many reasons why boat owners count on the team at Colling Insurance Services Inc. for their boat insurance needs. Because as a boat owner, you need the security that comes with knowing you’re well-equipped to handle any challenges that come your way.

Stay Protected On Land and At Sea With Boat Insurance

When people think about boat safety and insurance, their minds often drift to boating accidents or mishaps on the water. However, boats can usually be damaged or require repairs without ever leaving the dock, garage, or trailer. Boat insurance covers everything from storm damage to transport accidents and even vandalism, offering protection for your vessel both on dry land and in the water. This comprehensive coverage can lead to significant savings, helping you maintain your vessel and finances in tip-top shape.

Boat Insurance Solutions in Lakewood, CO

If you’re looking for boat insurance or have questions about boat insurance and live in or around the Lakewood, CO, area, we’re here to help. The Colling Insurance Services Inc. team offers tailored boat insurance solutions to fit the needs of you and your vessel. Get in touch with us today to discover how boat insurance can provide protection both before and after setting sail.

Is Umbrella Insurance Required in Colorado?

Colorado Umbrella Insurance Requirements

With the many types of insurance coverage available for residences and commercial businesses, it can be overwhelming and confusing to understand what coverage is needed and required by the state of Colorado. One type of coverage that people frequently inquire about at Colling Insurance Services Inc. is umbrella coverage. They want to know whether it’s something they should consider and if it’s mandatory by the state.

What is Umbrella Insurance, and Is It Required in Colorado?

Umbrella insurance is additional coverage that provides protection beyond the monetary limits of other policies you have in place. Essentially, an umbrella policy is a supplement to existing policies, such as home, renters, or auto insurance.

In the event that your primary policy does not cover a particular situation or the limit of coverage has been reached, the umbrella policy can make up the difference and provide the coverage you need. You can rest easy knowing that you have extra coverage in cases such as personal liability, property damage, lawsuits, and injuries. Having the additional coverage an umbrella policy provides can help prevent a devastating impact on your financial security when an unexpected event occurs.

Understanding Colorado Insurance

While the state of Colorado requires automobile and motorcycle insurance, umbrella insurance is not mandatory. It is your choice whether it is beneficial to get an umbrella policy.

Discover more about umbrella insurance and how the extra coverage can benefit your current and future financial security.

Contact Colling Insurance Services

Our Colling Insurance Services Inc. team is just a phone call away, and they can tell you everything you need to know about getting umbrella insurance for your residence or business in Lakewood, CO.

Should Stay At Home Parents Purchase Life Insurance?

When considering life insurance, we often consider it necessary for the primary breadwinner. However, at Colling Insurance Services Inc. in Lakewood, CO, we frequently discuss the importance of life insurance for stay-at-home parents as well. Their contributions, while often unseen in financial statements, are invaluable. Let’s explore why life insurance is a wise choice for stay-at-home parents.

Valuing the Work of a Stay-at-home Parent

Stay-at-home parents perform various roles, such as childcare, housekeeping, transportation, cooking, and more. If something unexpected were to happen to them, the costs of replacing these services could be substantial. Life insurance can help cover these expenses, ensuring the family can maintain its lifestyle and function smoothly during a difficult time.

Financial Security for the Family

The loss of a stay-at-home parent can have a significant emotional and financial impact on a family. Life insurance provides a financial cushion that can help cover immediate costs like funeral expenses and ongoing costs such as childcare or education. This financial support can ease the burden on the surviving parent, allowing them to focus on their family’s well-being without financial stress.

Peace of Mind

Having life insurance for a stay-at-home parent brings peace of mind. Knowing that a safety net is in place can alleviate worries about the future. It’s about ensuring your family is protected and cared for, no matter what happens. This peace of mind is invaluable and allows both parents to focus on the present without undue concern about potential future hardships.

At Colling Insurance Services Inc., we believe in comprehensive family protection. Life insurance for stay-at-home parents is a crucial part of this strategy. For more personalized advice in Lakewood, CO, call us to discuss your options.

What Are the Benefits of Longterm Care Insurance?

Planning for the future often involves looking beyond immediate needs. At Colling Insurance Services Inc. in Lakewood, CO, we frequently emphasize the importance of long-term care insurance. As we age, the likelihood of needing long-term care increases, and having the right insurance can make a significant difference. Here are some of the benefits of long-term care insurance.

Financial Security

One of the primary benefits of long-term care insurance is the financial security it provides. The cost of long-term care, whether in a nursing home, assisted living facility, or at home, can be substantial. Without insurance, these expenses can quickly drain your savings and retirement funds. Long-term care insurance helps cover these costs, ensuring you don’t sacrifice your financial stability or loved ones.

Flexibility in Care Options

Long-term care insurance offers flexibility in the type of care you receive. Whether you prefer to stay in your home, move to an assisted living facility, or require nursing home care, your policy can be tailored to meet your needs. This flexibility allows you to choose the care that best suits your lifestyle and health requirements, providing you with greater control over your future.

Reducing Family Burden

Without long-term care insurance, family members often bear the responsibility of providing care, which can be a significant emotional and financial burden. Having a policy in place ensures that your loved ones aren’t strained by caregiving duties or unexpected expenses, allowing them to focus on spending quality time with you instead.

At Colling Insurance Services Inc., we believe in proactive planning. Long-term care insurance is a vital component of a comprehensive financial strategy. For more information on how long-term care insurance can benefit you, visit us in Lakewood, CO, or call us.

Five Different Types of Health Insurance Coverage

One would think all health insurance is the same, but that’s not true. We understand that finding the right health insurance coverage can be a daunting task. Colling Insurance Services, Inc. can assist you in Lakewood, CO.

1: Health Maintenance Organizations (HMOs)

HMOs are a type of coverage that connects patients with " in-network " doctors. They only cover out-of-network cases in emergencies. These plans are convenient as they offer multiple locations throughout specific areas. They also allow you to get treatment from a PCP and emphasize prevention, care, and wellness.

2: Preferred Provider Organizations (PPOs)

A PPO is a network of healthcare providers where patients pay less if they visit in-network providers. These providers are often spread across specific areas, with some organizations being nationwide. These plans are ideal for individuals who travel frequently or prefer to keep their options open, as they can visit doctors and hospitals even if they aren’t on the preferred provider list.

3: Exclusive Provider Organizations (EPOs)

An EPO health insurance plan is similar to a PPO, except patients can only see in-network providers. These plans often include more providers in specific areas. The only downside is that they might require referrals to see any provider other than your PCP.

4: Point-of-service (POS) Plans

POS plans allow patients to pay less if they use specific doctors or hospitals for healthcare services. You can use providers in this type of plan’s network at lower costs. However, they often lack choice, and patients will need a referral to see a specialist. 

5: High-deductible Health Plans (HDHPs)

An HDHP is a type of healthcare plan with higher deductibles but lower monthly premiums. It can be an excellent choice for those who don’t frequently need to see a doctor. In addition, it can be used in conjunction with an HSA, which is a savings account for healthcare costs.

The Bottom Line

Choosing a plan can be complex, as many factors influence each plan. Colling Insurance Services, Inc. can help you find the perfect plan if you’re located in the Lakewood, CO, area. Contact us through our website or give us a call.

Does Dental Insurance Cover Braces?

Many people get dental insurance to help with the cost of those procedures. If you live in the Lakewood, CO, area, we invite you to consult with one of our experienced agents at Colling Insurance Services Inc. Our agency has been serving area clients since 1957, and we will work with you to find a customized solution for your insurance needs.

One dental procedure that can be costly is getting braces. According to Value Penguin, the costs of braces will vary based on the materials used and the length of time they will be needed. Dental insurance policies will cover some or all of the costs of braces. Almost all dental policies will cover the x-rays, examinations, and braces installation procedures by the dentist.

To discover whether your dental insurance policy covers braces, you’ll have to read some fine print in your policy. According to EHealthinsurance, it’s also essential to know whether the policy’s braces coverage will apply to the costs of braces for adults. The same website reports that although 25% of U.S. patients who wear braces are adults, braces are not typically covered for those clients. If you’re anticipating braces for you or someone in your family, you need to check your family’s parameters.

Call Us Today for an Appointment

When you need dental insurance, you need to get a clear picture of what your policy will cover. If you live near Lakewood, CO, we encourage you to meet with one of our agents at Colling Insurance Services to discuss your insurance needs. We will review our many coverage options and work with you until we can find suitable options for you. Call us for an appointment today, and let’s talk about insurance.

How Umbrella Insurance Financially Protects You

Expand Your Insurance Coverage with Umbrella Insurance

Having home and auto insurance may not guarantee ample protection for your home and vehicle. A comprehensive safeguard involves adding an umbrella insurance policy to your insurance suite. At Colling Insurance Services, Inc., located in Lakewood, CO, we provide a broad spectrum of umbrella policies tailored to shield you from potential financial risks.

Necessity for Additional Liability Coverage

Most home and auto policies offer diverse types of coverage. Surprisingly, insurance policyholders often overlook liability protection, which covers medical costs or other expenses in case of an accident in your home or vehicle. A common problem is that most policies don’t sufficiently provision for this coverage. Insufficient liability protection could impose severe financial burdens in case of severe accidents. An umbrella policy bridges this gap by extending additional liability coverage for auto and home insurance policies.

Workings of an Umbrella Insurance

In case of an accident for which you are liable, your auto or home insurance covers the cost and pays the bills. However, upon maxing out the policy payout, you’re liable for the remaining bills. That’s where umbrella insurance intervenes. It covers all extra costs that you would otherwise incur. This role significantly insulates you from expensive medical costs, which can abundantly save you money.

Buying Umbrella Insurance

In addition to your existing home and vehicle policies, you can acquire umbrella insurance for more comprehensive coverage. Let Colling Insurance Services, Inc. in Lakewood, CO, guide you in adding an umbrella insurance policy to your repertoire. Call us today and reap the benefits of fully-fledged insurance coverage.

What to Ask Your Agent When Choosing Boat Insurance

Choosing The Right Boat Insurance with Colling Insurance Services Inc.

Navigating the waters of boat insurance doesn’t have to be challenging, especially when you’re assisted by Colling Insurance Services Inc. in Lakewood, CO. We realize the joy you derive from embarking on your boat during the sunlit summer months. However, one should not overlook the importance of safeguarding yourself and your passengers. The best way to achieve this is through a comprehensive insurance policy that instills peace of mind.

Key Questions In Finding the Right Boat Insurance

Having the right questions for your insurance agent can simplify the process of finding the right boat insurance. Here are essential queries you might want to consider:

  • What should the basic coverage limit be?
  • Are additional protection options necessary?
  • How frequently should your policy be reviewed?
  • Who should you contact for questions or changes to your policy?

You might have other specific queries, too, and we recommend that you consult an agent directly to attain the answers you need rather than taking an uninformed guess. This not only guarantees optimal coverage for your needs, but it fosters confidence when you’re out sailing. Let the focus be on fun and not on the coverage of your boat.

Contact Colling Insurance Services Inc. for Boat Insurance Solutions

We invite you to contact us at Colling Insurance Services Inc. if you’re in the Lakewood, CO, area and are exploring boat insurance policies. We aim to help you maximize the pleasure derived from boating while ensuring you’re adequately protected should something go amiss. The right coverage safeguards your boat, yourself, family, and other boaters, contributing to a seamless sailing experience.

Is Long-term Care Insurance Right for You?

Understanding Long-Term Care Insurance and Its Importance

Long-term care insurance is a specialized coverage designed to provide financial support for individuals who may require personal and medical care, particularly over an extended period of time. This type of insurance primarily caters to long-stay patients in nursing homes or similar facilities. Traditionally associated with the elderly, it has grown to encompass the needs of both older people and younger individuals who may need comprehensive care due to unforeseen accidents or debilitating illnesses. It is crucial to consider such coverage options, irrespective of your age.

Why Choose Colling Insurance Services in Lakewood, CO?

At Colling Insurance Services, Inc., we believe in providing personalized service tailored to our clients’ unique needs. Our dedicated agents understand that individual requirements may differ, but life’s uncertainties are common to all. As such, we offer fundamental insurance policies equipped with basic types and tiers of coverage, thereby protecting a wide array of individuals. Furthermore, we also offer the flexibility of add-ons or adjustments in coverage to deliver a more personalized insurance experience.

Get The Right Coverage With Expert Guidance

Whether your concern is an ongoing health issue that may require long-term support or merely a safeguard for future unforeseen events, selecting the appropriate insurance is essential. It grants you security and peace of mind. This process becomes significantly easier with expert guidance. Collaborating with an experienced agent simplifies your decision-making as you can view and compare offerings from various insurance providers before settling on a policy.

Contact Colling Insurance Services for Long-Term Care Insurance

If you are in the Lakewood, CO, area, exploring options for long-term care insurance, Colling Insurance Services, Inc. stands ready to cater to your needs. Reach out to us today to initiate the process of protecting your future. Our team can provide you with quotes from different companies, enabling you to compare and discern the value and protection that best suits your requirements. Let us help alleviate your worries about the future. Secure yourself with the right long-term care insurance and get the peace of mind you deserve.

Life Insurance for Millennials: Why it is Important and How to Start

Embracing Life Insurance as a Millennial in Lakewood, CO

As a millennial living in Lakewood, CO, maintaining a balance between studies, careers, and personal ambitions is a thrilling yet challenging journey. Amidst this busy life, the thought of life insurance may often feel unnecessary. However, it’s worth understanding that obtaining life insurance early can start paving the path toward securing your future. If you find yourself deliberating the necessity of life insurance, let’s delve into why and how you can initiate this process today.

Understanding the Importance of Life Insurance for Millennials

Most millennials in Lakewood, CO, face the task of navigating a complex financial landscape encompassing student loans, bills, and career expenses. Nevertheless, with life insurance, you can manage these financial commitments and simultaneously secure your future. Colling Insurance Services Inc. is dedicated to aligning with the lifestyle of millennials. Thus, whether you are married or single, a parent or a student, we can provide the peace of mind that comes with gaining financial security for your loved ones’ future.

Colling Insurance Inc.’s Flexible Coverage Options

We recognize the diverse lifestyles led by millennials in Lakewood, CO. Hence, Colling Insurance Inc. challenges the conventional "one size fits all" approach and instead adopts a strategy tailored to the individual needs of our policyholders. Furthermore, we are committed to supporting you through each life stage, offering coverage options, including both term and whole-life policies.

Kickstarting Your Journey to Financial Security

Signing up for life insurance coverage with Colling Insurance Services Inc. doesn’t necessitate previous experience. We provide a straightforward, practical guide, including steps you can follow to commence this journey. As each individual’s financial journey is unique, we help you weigh our services against your specific financial needs, leading to selecting the most suitable coverage. Even if you already have employee coverage, it’s important to remember that it only provides limited protection. Meanwhile, personal life insurance offers continuous, independent coverage that remains unaffected by potential layoffs or fluctuations in business.

Begin Your Journey with Colling Insurance Today

At Colling Insurance Inc., we are ready to assist you in securing the future of your dependents. We provide premium advice to safeguard your future. Reach out to us today and feel the peace of having a secure tomorrow.