Overhanging Ice Fell on my Vehicle in Lafayette, CO. Will my Auto Insurance Cover it?

During the winter months, it is not uncommon for ice to accumulate in trees, on houses or on any other property. When overhanging ice fell on your vehicle, it may or may not be covered by your auto insurance policy in Lafayette, Colorado.

Comprehensive Plans

A comprehensive auto policy may or may not offer some protection against damage from ice that falls on your vehicle. Since the plan may provide solutions for situations that damage your vehicle when you are not driving, the details of whether you have coverage may depend on the clauses or exceptions that are found in your policy.

Many insurers offer comprehensive plans that consider the worst case situations, including the possibility that ice may fall on your car. Review your current policy to determine if you are covered for the situation or if there is an exception to damage from ice.

Liability Plans

If you purchased a liability policy, then you may not have any coverage for damages to your personal car.

A liability plan provides protection against the financial losses if you cause an accident while you are driving. It also includes personal injury protection for the driver and the passengers of your vehicle. Unfortunately, a basic liability plan does not usually offer solutions to pay for damages to your car after it is damaged from a storm, tree branch or falling ice. You may need to purchase additional protection if you are worried about paying for the damages to your car.

Depending on the policy that you purchased, you may or may not have protection against damages that are not related to an accident. Contact the 1st American Insurance Agency to talk to an independent agent to learn more about auto insurance coverage options.

Can Mold Damage Be Covered Under My Home Insurance Policy in Lafayette, CO?

Mold damage may be covered under a home insurance policy. If you are a homeowner in Lafayette, Colorado, it is important that you discuss the specific details of your insurance policy with your agent to ensure you know which limitations exist. Most policies provide some coverage for mold, but this depends on the cause of it.

Mold caused by maintenance problems tend not to be covered. This includes repeated water seepage, leaks, condensation issues, landscaping problems, continuous humidity, or drainage problems. Your policy may also exclude any type of structural or mold problem brought on by floods, unless you have an add-on flood policy.

Some types of damage may be covered, including mold that results from burst pipes and sewer backups. In many cases, if the mold is the result of a covered event, such as a fire loss, then the mold damage is covered by the policy. Look specifically at any exclusions listed in your policy, though, before assuming any level of coverage is present.

At 1st American Insurance Agency, we work closely with our homeowners to ensure they are in the very best policy for their needs. To ensure you get the right policy for your home, use our online comparative tool to easily get quotes from multiple insurance carriers. You’ll be able to see the coverage options, including rates, within minutes of using our service.

An independent agent works not just with one company, but with multiple providers. This ensures you have access to the very best insurance products available. Our dedicated agents at 1st American Insurance Agency can help you to determine if you are covered or if you need a new policy in place. Contact us today to get more information on a new policy.

I am building a new home in Lafayette, CO. Do I need to insure it while it’s under construction?

Because of its close location to Boulder and Denver, Lafayette, Colorado is a great location to build a new home. But even if you are still in the first stage of construction you will need to think about getting homeowner’s insurance right away. When you build a home, there are a lot of risks that you face, and insuring that you have the right type of insurance while your home is under construction will protect your house and your wallet.

Why You Should Insure Your House While It’s Under Construction

Insurance is there to protect you anytime you own property of value that needs protection. Even before the foundation is set for your new home, the construction site will have tools and materials that all face the risk of being stolen or destroyed during a disaster. Insurance will protect you from each of these threats.

A common method of insuring a house during the construction phase is to obtain a homeowner policy. Through your policy, you can obtain coverage for damages to the structure of your home. If you have friends or workers on the site of your property, you should also consider liability coverage to take care of any medical costs that might come up if someone is injured on your property.

How an Independent Agent Can Help

Constructing a home in Colorado might present risks that greatly increase your premiums. However, you can bring down your costs when you work with an independent agent who is authorized to carry several policies from leading insurance providers. Through 1st American Insurance Agency, you can compare quotes from multiple insurance companies to obtain the best rates on homeowner’s insurance. Contact us today to obtain the coverage you need when you are building a new home.

My Car Was Damaged at a Business’ Parking Lot When the Ice Slid Off the Roof and onto my Car in Lafayetee, CO? Is it Covered Under Commercial Insurance or Should I Contact my Auto Insurer?

Parking a car in a business parking lot means that the company that owns the lot or is renting the lot is responsible to maintain the property. If your car was damaged in a business parking lot because ice slid off the roof of the building and hit your car, then your auto insurer may refuse to pay for the damages because it is the responsibility of the business in Lafayette, Colorado.

Commercial Liability

Business owners often purchase commercial liability insurance policies to pay for potential accidents and problems that take place on company property. When your vehicle is parked in the company’s lot while you are buying a product or service from the business, it is not your responsibility to pay for those damages.

In most cases, a commercial policy will cover the cost. You may need to inform the business owner or the manager immediately to obtain the appropriate information to make a claim.

Limited Coverage

If the company does not have enough coverage to pay for the damages, then you may be able to make a claim with your auto insurer for the remaining expense. Even though the business may be responsible for the damages due to negligence, it is possible that the amount of coverage the business obtained is not always enough to pay for the full extent of the damages. In that situation, your insurer may help with the remaining cost.

When your vehicle is damaged due to the negligence of others, the appropriate insurance to pay for the repairs is the business or individual who was negligent. Contact the 1st American Insurance Agency to talk to an independent agent for more information.