Tag Archives: Lakewood CO

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.

How to Maximize Your Workers’ Compensation Benefits

If you have an illness or injury related to your job, workers’ compensation benefits may be available to financially assist you and pay for your medical care associated with the condition. To make sure you get the most from your benefits, our team at Colling Insurance Services Inc. in Lakewood, CO offers the following advice.

Inform Your Employer Immediately

If you suffer an injury on the job, tell your employer ASAP. Waiting can raise red flags that result in the denial of compensation. Most employers have a form for you to fill out, which can be obtained from the Occupational Safety and Health Administration. Get medical care right away and retain copies of everything.

File Your Workers’ Comp Claim Right Away

Telling your employer about your injury is just the first step. You must also file a workers’ compensation claim to get a caseworker to process your claim. You may be entitled to coverage for medical costs and lost wages. An independent media exam will be conducted by a doctor your employer works with. The doctor will give you an impairment rating after an exam. The rating you are given will qualify you for temporary or permanent disability benefits depending on the severity of the injury.

Be Transparent and Consistent

When filling out forms or making statements to your job or medical provider, communicate honestly and clearly. Be specific about the incident and any pain or injuries resulting from it. Changing the story or keeping information to yourself can result in claims denial, which can be detrimental to your case.

Have an Attorney For Guidance

It is important to get someone on your side legally to give you advice and fight for your rights. Our agents at Colling Insurance Services, Inc. in Lakewood, CO, can help you retain a qualified lawyer. Contact us today with questions and to schedule a consultation.

A Major Cause of Bankruptcies and How Business Insurance Can Help

If you own a business in the Lakewood, CO, area, there is likely a lot on your plate. There’s payroll to meet, inventory to maintain, customers to care for, and more.

At Colling Insurance Services Inc., our commercial insurance services may not be able to help with everything, but there are times when they may save the day and your business. It can help should a customer experience a slip-and-fall or a fire, and it may even help cover the loss of income following a covered calamity.

Commercial insurance from Colling Insurance Services Inc. may even help protect you from theft, one of the biggest causes of small business bankruptcy.

Protecting Your Business from Theft

While commercial insurance can’t necessarily prevent theft, it can help cover your financial losses should theft occur. This includes theft from outside sources, like burglary and employee theft. Let’s say, for example, overnight some evening, thieves break in and steal your computers or a significant portion of your inventory. Commercial insurance would help cover your losses. Even if the bad guys cause damage to your business, your commercial insurance can serve as a cushion.

What some don’t realize, however, is that business insurance may also help cover losses due to employee theft, whether of cash or assets. This can be important coverage, especially for companies that make frequent cash transactions.

Get a Commercial Insurance Quote Today

You work hard to ensure the success of your business every day. Please do your best to protect it with commercial insurance from Colling Insurance Services Inc., serving the Lakewood, CO, area. Let”s discuss your business and its risks, and then we can create a free, no-obligation quote. Learn more about how business insurance can help keep your business up and running with a quote today. Call us at Colling Insurance Services Inc.

Tips to Prepare Your Vehicle for Summer

If you are like many people in and around the beautiful Lakewood, CO area, the majority of your travels in a vehicle typically occur during the warmer months. During these seasons, many people and families take spring break trips, go on summer vacation adventures, and spend more time traveling to outdoor events. That also means more miles, more driving, and an even greater need for auto insurance to keep you safe during the time of year when it seems everyone is on the road. If you live in or around Lakewood, CO, and have questions about auto insurance, then the professional and friendly team at Colling Insurance Services Inc. can help.

Preparing Your Vehicle for Summer

When the colder weather settles in and winter looms, we typically winterize our vehicles. In the same way, with the extra travel, more time running the AC, and the hotter weather, it is also a good idea to "summerize" your vehicle before heading out when the weather breaks. Here are a few quick tips to ensure your vehicle is summer-ready and ready to go.

  • Tune-Ups: After the colder conditions, salt, snow, and slush on the roads, it is a good idea to get a tune-up and have your vehicle inspected.
  • Tire Pressure: Warmer weather can also deflate tires. So, before putting all those extra miles on your vehicle, ensure your tires are well-treaded, aired up, and ready to roll.
  • Insurance: 500 miles from home on vacation is no time to realize your insurance lapsed or you didn’t update your policy. Make sure you have the right coverage plans and that your policy is up-to-date before embarking on your next road trip.

If you live in the Lakewood, CO, area and want to learn more about auto insurance solutions or need coverage, we can help. Contact us today and let our Colling Insurance Services Inc. team help with the protection you and your vehicle need this summer.

Transitioning Homes: How to Handle Your Home Insurance During a Move

Let’s face it, moving can feel like you’re trying to herd cats. With everything going on, letting something like insurance slip through the cracks is easy. But don’t sweat it; that’s where we step in. We’re here to catch those little details so you don’t find yourself stuck in confusion. We know it’s a lot to juggle, especially with home insurance. But that’s exactly what we’re here for. At Colling Insurance Services Inc., we’re all about serving Lakewood, CO, and surrounding areas and making at least one part of your move smoother: sorting out your home insurance.

Timing is key

When you’re shifting from one home to another, the timing of your insurance switch is super important. You want your old place covered until the last second, but you also don’t want to leave your new home hanging without protection. It’s like trying to time a perfect high-five; it’s got to be just right. And we’re here to make sure it is.

Custom Fit for Your New Pad

Every home’s got its quirks. Maybe your new place has some cool features that you’ve never had to think about insuring before. We’re here to tailor your insurance. Making sure it fits your new home like it was made for it. After all, you deserve insurance that’s as unique as your new spot.

Let’s Get Moving

So, if you’re stepping into the moving whirlwind and looking to tick one big thing off your worry list, hit us up today at Colling Insurance Services Inc. Serving Lakewood, CO, and surrounding areas, we are ready to help you transition your home insurance without a hitch. Let’s make your move as smooth as possible together.

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.