During this winter season, preparing your home for potential threats is vital. In Colorado, severe blizzards are usually common and can cause your pipes to freeze. This is just one of the winter-related disasters that can occur to your home as a Colorado resident. Our advisors at CO Insurance Specialist serving Wheat Ridge, CO can help you prepare for other disaster threats with the right home insurance plan.

Severe Winter Storms

The state of Colorado averages 60" of snowfall each year. With this state’s large amounts of snow and mountainous topography, you should also expect avalanches. Colorado averages 2,500 avalanches a year. These winter-related disasters could not only cause your house pipes to freeze but also affect the structure of your home. A good homeowner’s policy pays to repair or rebuild your home after a winter-related disaster.

Power Outages

Natural weather-related changes could affect the electric power lines. This could cause a severe power outage within your home. It’s vital to be prepared for that when the outage lasts more than a few hours. Some ways you can do this are by using a generator or solar power panels to keep the power up in your refrigerator and electronic devices.

Rapid Snowmelt

Besides electrical problems and severe snowstorms, you should also prepare your home for flooding called rapid snowmelt. The winter season sometimes undergoes periods of snow melting quickly, leading to severe flooding. This can cause leakage in your roof or other parts of your home. Construct a thorough action plan to secure your home and evacuate immediately.

Contact CO Insurance Specialist Today

If you want your home to be protected against these three threats this winter, don’t delay finding adequate home insurance. Contact our advisors at CO Insurance Specialist to find a plan sufficient to protect your home.

At CO Insurance Specialist, we can provide home insurance coverage to those in Wheat Ridge, CO. Meet your insurance needs in Colorado by contacting us today.

Unfortunately, there are a lot of consumers out there who believe certain myths about home insurance coverage. Here are three of the most common myths out here when it comes to home insurance. 

You’ll face a higher premium if you have to file a claim on your home insurance policy.

Home insurance providers shouldn’t increase your premium because you have to file one claim.

Too many insurance policyholders are reluctant to file a claim because they’re worried that claims will push up their premiums. Fortunately, this is not typically the case. 

Your home insurance policy will cover the full amount of the worth of your valuables. 

A standard home insurance policy includes limits on personal property coverage. If you have especially expensive valuables in your home, you should consider adding more personal property coverage to your home insurance policy. 

You’re not required to carry home insurance.

Indeed, you may not be required by law to carry home insurance. However, most homeowners are required by their mortgage lenders to carry home insurance.

If you borrow money to buy a home and drop your home insurance, you’ll probably face problems from your mortgage lender. That’s why it’s required for most homeowners to carry insurance. 

Being well-informed is essential to meet your home insurance needs adequately. We can provide you with the information you need at CO Insurance Specialist. When you’re ready for a policy quote, call or email us for details on our insurance offerings. 

Homeowners insurance is one of those things that you hope you never have to use but are glad to have if you ever need it. If you own a condo in Wheat Ridge, CO, you may need a policy specific to your home.

What is Condo Insurance?

Condo insurance is a type of homeowners insurance specifically designed for condo owners. Like regular homeowners insurance, condo insurance covers your personal belongings and provides liability coverage if someone is injured while on your property. Your CO Insurance Specialist will be able to help you determine the amount of coverage you need based on the value of your belongings and the size of your condo.

Do You Need Condo Insurance?

Whether or not you need condo insurance in Colorado depends on several factors. First, check with your mortgage lender to see if they require you to carry condo insurance. Even if they don’t need it, it’s still a good idea to have it in case something happens to your unit or personal belongings.

Some HOAs have "blanket" policies that cover all units in the building for certain types of damage (like fire). However, each unit owner is still responsible for their own personal belongings and liability coverage. Additionally, check with your HOA to see what type of coverage they carry and what, if any, deductibles apply.

What Does Condo Insurance Cover?

Condo insurance policies vary depending on the insurer. However, most policies will cover your personal belongings (up to a certain amount), any damage to your unit caused by a covered event (like fire or wind damage), and your liability if someone is injured while on your property.

So if you’re a Wheat Ridge, CO condominium owner, call CO Insurance Specialist today to get a quote for our comprehensive condo insurance policy!

Purchasing a home is a life-changing decision. It, therefore, calls for serious considerations, such as how your investment would be protected in case of an emergency. One of the best ways to protect your home is to get home insurance coverage. Insurance may not help prevent emergencies such as fires and floods, but it can provide much-needed financial resources to rebuild after such crises. This article looks at some things to remember when buying a home insurance cover in Wheat Ridge, CO.

1. Consider Different Types of Insurance

There are several types of homeowners insurance policies. These include:

• Basic Policy Form: The HO-1 policy covers your home and personal property for their actual price.
• Broad Form Policy: This policy covers your home from specific perils, as covered in the form. It is also referred to as the HO-2 policy.
• Special Form Policy: Covers your home against all perils except those specifically listed as exclusions. It is also known as the HO-3 policy and is among the most popular.
• Comprehensive Policy: Also referred to as HO-5 policy, it covers your home against all perils except those specifically listed as exclusions. These assets are covered for their replacement cost.
• Modified Coverage Form Policy: This policy covers your home from perils specifically listed in the policy form. It is also called the HO-8 policy.

2. Ensure Correct Valuation is Done

Correct valuation of your home is a critical step when buying home insurance cover. If your home is undervalued, you get less than the replacement value at the time of claim in the case of an emergency.

3. Consider the Deductibles

Deductibles are the amount you pay out of pocket at the time of claim. It is important to go for an affordable deductible.

4. Consider Discounts

Several things can help you earn discounts on your insurance. These include safety installations such as CCTVs, proximity to police stations, etc.

5. Get Advice from a CO Insurance Specialist Agent

One of the most important things you should do is consult a CO Insurance Specialist. Located in Wheat Ridge, CO, these agents have an immeasurable wealth of knowledge and experience in the Colorado insurance industry and can guide you to getting the best fitting cover for your home.

Contact CO Insurance Specialist today for more information on how to get the best insurance cover for your home.

Homeowner’s insurance is something that many people take for granted until the time comes when they need it. A homeowner’s insurance policy can help cover losses and expenses when disaster strikes. The right policy protects from losses due to fire, theft, vandalism, falling objects, and more.

Natural disasters happen more often in Wheat Ridge, CO than some think. When you experience such a traumatic event, there’s a good chance that your home won’t be the only thing damaged. Many homeowners insurance policies today offer protection from damage to personal belongings, such as clothing, furniture, and electronics. They may also cover expenses that may come with a crisis, such as hotel stays for displaced residents or money for food when kitchens are no longer usable. In the event of a loss, your insurance company may also cover the costs for damage to your property.

Homeowners insurance can help you recover financially after a disaster, but you need to ensure that enough insurance covers you to protect your house and property. You’ll want to ensure that you have replacement coverage, which will help pay to replace your property if it’s damaged or destroyed. You’ll also want to ensure that you have liability coverage in case someone is injured while on your property. Another important type of coverage is personal property coverage, which will help pay to repair or replace your belongings if damaged or destroyed. You may even want to add a floater policy if you own certain valuables, such as jewelry and collectibles.

To ensure that your coverage is sufficient in case of home or property damage, reach out to CO Insurance Specialist today. We can inform you of available policies, add-ons, and more.

There are numerous ways in which you can create an eco-friendly home in Wheat Ridge, CO. Some ways are easier than others. However, if you are interested in sustainable living and going green, you will want to speak to an insurance agent at CO Insurance Specialist to ensure you are properly covered based on the changes you make. In the meantime, here are a few ways you can make your home greener.

Switch Out Incandescent Lights with LEDs

Who doesn’t like to save money? Well, you can save money on your utility bills while also saving the environment. LED lights tend to use approximately 75 percent less energy and can potentially last up to 25 times longer. To make things even more efficient, install motion sensors or automatic timers to ensure you don’t use the lights more than necessary.

Install a Smart Thermostat

With the installation of a smart thermostat, you can save money by heating and cooling your home while also reducing your energy emissions. You will want to create a schedule for your smart thermostat so it will operate accordingly. You can set it so that the thermostat kicks off in the morning when you leave for work and comes back on about an hour before you should arrive home. You can also set the thermostat to reduce its temperature at bedtime. Did you know if everyone were to use a programmable thermostat, it would be possible to offset about 13 billion pounds of greenhouse gases annually?

Use More Cold Water

A significant portion of your home’s energy goes toward heating water when you wash your clothes in hot water. You can reduce your energy use by 50 percent if you switch to warm water. However, if you want to save even more energy and money, switch it to cold water. Instead of using your dryer, opt to hang your clothes up to dry.

When you make technological upgrades to your home in Wheat Ridge, CO, reach out to CO Insurance Specialist to ensure they are covered by your home insurance policy.

When you have suffered roof damage, the first worry is the expense. Your Colorado home insurance can cover it, depending on how the damage was caused. If there were falling or flying objects, or severe weather, your home insurance could cover it.

At CO Insurance Specialist, we want Wheat Ridge, CO residents to have the coverage they need when life crises hit. 

Roof Damage and Home Insurance

When you have damage to your roof, the kind of damage will determine what you can get from your home insurance claim. If there is weather damage such as hail, or an object has fallen on the roof, your home insurance will cover it.

The dwelling coverage of your home insurance policy will protect the structure of your home, and that includes your roof. You will have specific perils covered in your home insurance policy. If the cause of the roof damage is one of those perils, you can submit a claim on your home insurance. 

The extent of the damage is also important here. If there is some property or contents damage when your roof is damaged, you can submit a claim through your home insurance. 

If you have other structures on your property, and that roof is damaged by a covered peril, that will be covered by any other structures coverage that you have with your home insurance.

Yes, your roof damage will most likely be covered by your home insurance. Update your policy to have all perils coverage and you will not worry about this again.

Get a Quote

When you have roof damage on your home, it’s natural to worry about how it will be paid for.  At CO Insurance Specialist, we want Wheat Ridge, CO homeowners to feel secure with their home insurance policy. Call us for a quote to update your policy today.