Those of us lucky enough to live in Colorado know that the cost of living has skyrocketed in recent years. On Forbes’ list of the cities with the most significant cost of living increase, Colorado Springs ranked #1 and Denver was #16.
The cost of housing, insurance, and even a gallon of milk has increased year after year. While I’m no expert on housing or milk prices, I can offer some insight on the rising insurance costs.
Here are 5 key reasons insurance rates keep rising in Colorado:
Continue reading “5 Reasons Insurance Rates Keep Increasing in Colorado”
Many agents will give you the same generic scenarios when discussing liability limits. Or worse, they won’t talk to you about the importance of liability coverage at all, or how an Umbrella Policy could really help.
It’s hard to imagine being responsible for hundreds of thousands of dollars in damages. Especially if you don’t see insurance claims on a daily basis.
We wanted to give you some actual examples of claims that have been filed through our agency in the past few years. These are just a few examples that show why it’s dangerous to have low liability limits. You may save a few dollars a month, or even a few hundred a year, but you could be on the hook for tens of thousands after a claim.
Here are 5 actual claims that have been filed through our agency:
Continue reading “5 Real-Life Insurance Claims”
Who pays the bill if you hurt someone while skiing?
Many of us in Colorado get excited after Halloween. That means the holidays are just around the corner and it’s almost ski season!
Ski season is the best time of year for some of us. But, it’s also the time of year when the liability risk skyrockets.
The roads become more treacherous when we start to see rain and snow mixed with the cold weather. Skiing or snowboarding down the slopes also presents a very real risk.
Luckily, there are some simple steps you can take to make sure you’re prepared.
Continue reading “Ski Accidents: Will Insurance Pay?”