The stress of being involved in a car accident might be massive. It may be even more terrible if you find out that you do not have the right auto insurance and you are not covered the way you expected. In order to help you avoid such an unfortunate situation, CO Insurance Specialist serving the clients in Wheat Ridge, CO has prepared the list of mistakes you should not make when shopping for auto insurance: 

Choosing Small Deductibles

Many people choose small deductibles in order to save money. However, in reality, a car insurance policy with higher deductibles has proven to be more cost-efficient due to lower premiums. 

Not Doing Thorough Research

Many people underestimate the importance of thorough research when shopping for auto insurance. Instead, they buy the first policy they come across. Do not make the same mistake and make sure you invest enough time to study and understand the features and offerings of the policy. 

Not Reading The Policy Documents Carefully 

Another mistake many policyholders do is not reading the policy documents before signing them. As soon as you have the documents in your hand, make sure you check carefully all the information and personal details, including inclusions and exclusions of the policy, your name, vehicle number and model, no claim bonus, and others. 

If you are a resident of Wheat Ridge, CO and you are struggling to find a good auto insurance plan for your car, do not hesitate to contact CO Insurance Specialist. One of our experienced agents will be happy to assist and help you find perfect insurance coverage based on your needs, preferences, and budget. 

Your condo insurance company can’t cover you if they don’t know what they’re covering.

Problem is, it doesn’t make a lot of sense to call your agent up every single time you buy a new video game, every single time you pick up a few new coffee mugs, and every time you buy a pack of socks. These five, ten, fifty dollar purchases don’t necessarily justify a call to your insurer every single time you come home from the store or find a new package in your mailbox.

So here’s our advice: Go ahead and update your inventory at the following intervals-

• After every major purchase (new fridge, TV, sofa, jewelry, etc.), and
• Once every six to twelve months.

On both points, you’ll want to use your own judgment. If you bought a $50 TV used on Craigslist for the guest room, maybe you’re not that worried about it. Every six months sounds good in theory, but if it’s been a slow six months for new purchases, you might not have much to update in the first place.

To get an idea of whether it’s time to update the inventory, take a look at the copy you keep for yourself and ask yourself if anything’s missing. If we called our insurance agents every single time we made a new purchase, we’d never get off the phone, but you don’t want to find that your policy only covers half of your Blu-ray collection.

If you’re still looking for an insurer for your Wheat Ridge, CO condo, get in touch with CO Insurance Specialist through our website or by phone CO Insurance Specialist can help Wheat Ridge, CO condo owners get the coverage they need.

There’s just nothing like a classic. Whether you own an old 50s pickup or a 70s muscle car, there’s something about the look and feel of a classic automobile new vehicles are not able to replicate. When living in Wheat Ridge, CO you probably don’t drive your classic every day of the week. In fact, it may be something you only take out on special occasions. But whatever you do with your classic car you’ll want to protect it and do what you can to make sure it’s looked after. Our staff at CO Insurance Specialist are here to help you do just that. 

What Does Classic Car Insurance Cover

Your driving habits with a classic car are a bit different from other vehicles. You probably only drive it a few dozen times a year. Classic car insurance will protect your vehicle during these times. It will also protect your vehicle while it is in storage. In reality, it probably is in storage for longer than it is on the road, which is why this is so important. 

Classic car insurance will also help cover any repair costs. Finding replacement parts can be a challenge, but with the right insurance coverage, it is a bit easier. Our insurance company can also help connect you with exceptional classic car mechanics. 

Protect Your Classic Car

Your classic car is your baby. It’s also something that is not easily repaired or replaced. Finding replacement parts is tricky enough, let alone a mechanic who is able to assist you with repairing it. Thankfully, with classic car insurance it is a bit easier. So if you live in greater Wheat Ridge, CO and are shopping around for classic car insurance our team here at CO Insurance Specialist can help. 

There are a number of important forms of protection that auto insurance provides to drivers. Anyone who wants to learn more, or is thinking about switching can get in touch with a CO Insurance specialist. 

Payouts after a collision

Many policies have collision protection that will provide payments for a driver to make repairs if their vehicle is damaged during an accident. Collision coverage is required if the car is financed or subject to a loan or lien. Each collision policy will have a different deductible, which is the amount the owner must pay out of pocket before the collision policy will cover the remaining costs of repairs. 

Liability coverage

If you are involved in an accident, another person who is hurt or has their car damaged may try to sue you. Liability coverage will provide protection against monetary judgments from these lawsuits. This is important because it protects drivers from suddenly being put in a very difficult financial situation if they are found to be at fault for a crash. Because liability can be a complex concept depending on how many vehicles are involved in an accident and the state’s negligence laws, it is best to speak to a  Wheat Ridge, CO insurance agent to learn more. 

Theft and vandalism

Crime is an unfortunate part of life no matter where your car is parked every day. Many policies will include coverage in the event that a car is stolen, broken into, or if personal belongings are taken from the inside. This is especially important for valuable cars or for people who keep expensive equipment inside of their vehicles. 

Learn more about coverage

An agent who services the Wheat Ridge, CO area can design a policy that has all of the coverage you need. Speak to a CO Insurance Specialist today to learn more. 

If you own a vintage or antique vehicle in Wheat Ridge, CO, you’ll undoubtedly want to preserve your investment for years to come. Classic car insurance can help protect your collectible against mishaps that can cause damage or loss. At CO Insurance Specialist, we can help you determine if your older vehicle qualifies for classic car insurance and help you select the coverage you need.

Qualifications for Classic Car Insurance

Although there’s some variance in how insurers classify classic vehicles, there are general guidelines to determine if an older vehicle falls into this category. These guidelines include:

• Age: Vehicles must be older than 15 years (in some cases, older than 25 years)
• Condition: Vehicles must be maintained in good physical and working condition
• Vehicles must have historical value

Hot rods, muscle cars, rare sports vehicles, vintage military cars, and antiques are some types of older vehicles that may fall into the classic category.

In order to insure your vehicle with classic car insurance, you’ll need to meet your insurer’s restrictions for storing, caring for, and driving your classic vehicle.

Benefits of Classic Car Insurance

Classic car insurance offers greater protection for your collectible than traditional auto insurance. Instead of covering your classic for its market value, classic car insurance protects it for its “agreed upon” value. After having your vehicle professionally appraised, you and your insurer will agree upon its value. This is the amount your vehicle will be insured for in the event of damage or loss.

Classic policies in Wheat Ridge, CO also offer conventional auto coverage to include liability, uninsured motorists and roadside assist to protect your classic when it’s taken out on the road, giving you the best of both worlds in protecting your investment.

To protect your prized collectible with classic car insurance, contact your CO Insurance Specialist today.

The modern workplace in Wheat Ridge, CO is different from the one our parents grew up in. With the proliferation of smartphones, we now have the "gig economy." Freelancers have always existed in some form or other, but now it seems like everyone pulls in a little freelance work on the side here and there. An occasional delivery, an Airbnb, or some odd jobs here and there on the internet.

The question of when these side jobs become a business is different depending on who you ask. For many side-hustlers, the cut-off is when you quit your day job. For the IRS, if you make $600 a year, you need to file self-employment taxes. And for an insurance company like CO Insurance Specialist, it comes down to what you want to protect.

Can You Cover It?

The big question when deciding whether it’s time to invest in commercial insurance: Can you cover it if something goes wrong?

Maybe your business is just a home office and a laptop, but it’s not just your business property you need to worry about, it’s employees, clients, products, and most importantly, liability. You might be able to cover everything else, but can you handle an expensive lawsuit?

If your Wheat Ridge, CO side-hustle is now facing liability concerns, if you’re sending products out into the world and you want to be able to cover the damages should something go wrong, then it’s time to give CO Insurance Specialist and see what they can do for you. Maybe you can replace your laptop or phone out of pocket, but once commercial liability comes into play, there’s no business too small to get covered by commercial insurance.

Buying insurance for a new vehicle through an auto dealer is a huge financial blunder. In the excitement of getting a new car, many fall victim to getting pricey auto insurance. This does very little to protect them. It only covers the lender and puts commissions in the pocket of the auto salesperson.

You will likely get a lousy deal if you buy auto insurance through the auto dealer. They cannot let the car go off the lot without it having insurance, but you will get an inferior insurance solution.

How to Get Auto Insurance for a New Vehicle

There is a much easier and better way to do this. First, before you go to the dealership to look at the new cars, contact your agent at CO Insurance Specialist, serving Wheat Ridge, CO and the surrounding area. They will open a file for you, collect all the information needed and leave a blank space for the vehicle information with everything ready to go. You do not have to know what vehicle you will buy. Just go looking.

When you decide, place a call to your insurance agent. The agent will need to know the total purchase price, the year, model, and make, and the vehicle identification number (VIN). The insurance quote is calculated and the agent will fax or email a copy of the certificate of insurance to the dealer. Then, you can drive the vehicle off the lot with that certificate proving coverage.

This process is super easy if you simply take a moment to set it up in advance. For those who procrastinate, all the process, from start to finish, can be done over the phone if you are already at the dealership. Take a time out. Call your agent to get the coverage that not only protects the vehicle but also its driver and occupants.

Insurance Review

If you already have auto insurance and are thinking about getting another vehicle or making a trade-in, your agent can review all your existing insurance policies. It is a good idea to see if there should be some adjustments made to them. To get an insurance review and a quote, contact your agent at CO Insurance Specialist in Wheat Ridge, CO.