How Do I Select the Right RV Insurance Policy?

There are several things to consider when selecting an RV insurance policy. All these factors take into consideration the type of RV you are ensuring, how you use it, and what your current and future plans are. You will need to choose the right balance between affordability, coverage, and deductibles. Of course, this includes the type of RV you have, how often you use it and who you use it with, The right RV policy will adequately cover all of these details. 

What are the First Things to Consider

When deciding on an RV policy, start with the RV itself. If you own a luxury RV it will cost more to repair it. You need a policy that can adequately cover the repairs. If you’re leasing or financing an RV, more than likely the financer will require you to have insurance to cover the RV and any repairs that may be needed in the event of an accident or total loss. More coverage should be purchased to cover higher costs. 1st American Insurance Agency serves Longmont, CO and is committed to helping RV owners get the right RV insurance to fit their needs, preferences, and recreational vehicle.

Specialized Features

If your RV has customized permanent features you may want to consider purchasing an RV policy that will cover these features. An RV policy that includes the coverage of Permanent Attachments would insure permanent attachments for the full value of what it would cost to replace them as opposed to the depreciated value. This may be well worth it if you have expensive custom features in your recreational vehicle.

Total Loss

You may also want to consider purchasing RV insurance that covers a total loss as well as theft. In the event of some unforeseen circumstance that renders your RV damaged beyond its value or stolen and not recovered, you may want to invest in insurance that would cover its replacement or at least give you back what you paid for it. Of course, how much you’d get as well as what you’d get would be dependent on the age of your RV. However, an RV policy that would cover loss and theft is sure to create more peace of mind and protect your financial investment. 

Selecting the right RV insurance policy requires you to closely examine your RV, finances, TV lifestyle, needs, and preferences. Use logic and select coverage levels that are commensurate with your RV and its current and future use. IN some cases, certain coverage levels may be a requirement if you are leading or financing a recreational vehicle. However, true peace of mind will come from investing in an RV policy that adequately meets the needs of you and your RV. 

Does a Personal Umbrella Insurance Make Sense for Your High Net-Worth Family?

When umbrella insurance comes to mind, it is usually associated with commercial insurance policies. However, many high net-worth families rely on such policies to protect their families from liability. If you are in the greater Longmont, CO community, the team at 1st American Insurance Agency welcomes the opportunity to review the advantages of such a policy with you.

Limitations to Primary Policies

Primary insurance policies typically have a coverage limit that cannot be exceeded. In such instances, an umbrella policy can increase your coverage levels to provide the protection you need to keep your assets safe from liability claims. When you have a high net-worth you and your family can become targets to unsavory individuals who are looking to profit through schemes and other deceptions. In the cases where your liability exceeds your coverage limits, you can be held personally responsible, a fact that can have a negative impact on your family for many years to come. Don’t let your family fall prey to frivolous lawsuits or other damaging situations without the protection that you need. Understanding the benefits of increased liability protection that is provided through an umbrella policy can make a significant difference on your bottom line. You have worked hard to provide for your family and it only makes sense to protect them and their financial future. 

Don’t leave your family’s financial future unprotected. Find out more about how a personal umbrella policy can protect your family’s assets in many different situations. Contact 1st American Insurance Agency today and learn more about the coverage options available in the greater Longmont, CO area. We want your hard work to be protected and for your family to be covered in the event of a large liability case.

What’s Comprehensive Motorcycle Insurance?

Comprehensive motorcycle insurance is an insurance policy option. It differs from collision coverage though. However, it’s the part of the policy that helps pay for any expenses regarding your bike. 1st American Insurance Agency serves Longmont, CO, and the surrounding region by offering this type of insurance, so you can protect your investment. 

Basics of Comprehensive Coverage

Comprehensive insurance will help you repair your bike if it’s damaged in an accident. It’s also possible to use this type of insurance to replace your bike if it’s completely totaled. Your collision coverage helps take care of the expenses if you run into a vehicle, tree, fence, building, or other object. However, comprehensive insurance covers your bike if it happens to get damaged in an event that’s not a collision. For instance, it covers if your car is stolen and also covers if something should fall on your bike such as a hail ball. Additionally, you can use this type of insurance if it’s vandalized.

Parts Coverage

You can’t use this type of insurance to cover expenses at the mechanic if they’re related to your bike breaking down as a result of you not properly maintaining it. Moreover, it doesn’t provide coverage for expenses related to repairs needed because of wear and tear either. Generally, it only covers factory parts, meaning the ones that came with your bike. You’ll want to look into equipment coverage if you have nonstandard parts on your bike. 

Coverage Limits

You don’t have to have comprehensive motorcycle insurance, but if you can’t afford to replace your bike, you may want to have. An agent will discuss your options and help you make a decision. 

Contact 1st American Insurance Agency, serving the Longmont, CO area and nearby, for a quote.

 

Does Commercial Insurance Improve My Brand Image?

Companies are constantly looking for ways to improve their brand image. Now more than ever, a brand image impacts a company’s ability to attract new customers. Fortunately, there are lots of ways to improve a brand image, but it’s not all about the logo and color scheme that you choose for your website. In fact, there are many non-visual elements that influence consumers’ and other businesses’ opinions of your brand. For starters, your mission and values impact the perception people have your company. Another important element is whether you have commercial insurance. Here at the 1st American Insurance Agency serving Longmont, CO, we want every business to succeed. That’s why we’ve put together a list of ways that having commercial insurance impacts your brand image.

Protects Your Continuity

When you invest in commercial insurance, you are showing customers that you are concerned about protecting your continuity. You are essentially taking every step you can to ensure you are around for many years to come to serve your customers. That means that you don’t just intend to be here for them today, but also in the future, as well.

Shows Professionalism

Another way having commercial insurance improves your brand image is because it shows professionalism. When customers turn to a company for services or products, they want to know the company is professional in all of its endeavors, and having commercial insurance is a great way to show just how you professional your brand is.

If you would like to learn more about the ways having commercial insurance improves your brand image, please don’t hesitate to contact the 1st American Insurance Agency today. We serve areas in and near Longmont, CO.

Protect Your Assets with Umbrella Coverage

Residents in the Longmont, CO area need a variety of insurance policies to protect their personal and business property. However, these coverages aren’t always enough. 1st American Insurance Agency wants to ensure that all of our neighbors are financially ready to meet any challenges that come their way. Umbrella insurance provides the extra protection you might need in the case of a catastrophic loss. How does umbrella coverage supplement your other insurance policies?

  • What happens when you crash a brand new car? Your auto insurance may not pay off the remainder of your loan. Even if it does, how will you be able to afford a replacement vehicle? With an umbrella policy, you can get the funds you need to completely repair or replace your vehicle, no matter what the costs.
  • After a natural disaster causes extensive damage to your residential or commercial property, your property insurance kicks in to help with the rebuilding effort. However, all insurance policies come with a dollar limit. Once you reach that amount, you have to pay for any additional repairs out-of-pocket. For cash-strapped property owners with little savings, this could mean losing your home or business. With an active umbrella policy, you’ll always have enough money to rebuild.
  • Hardworking small business owners rely on insurance coverage to protect their livelihood from accidents and legal liabilities. What happens if your product or service is found responsible for hurting multiple people? All of those medical bills and damages could quickly eat up your commercial liability coverage. Add an umbrella policy to your package to ensure you’re ready for whatever comes your way.

Protect your business and personal property in the Longmont, CO area with umbrella policies from 1st American Insurance Agency. Contact our representatives to learn more about this comprehensive coverage.

Do You Need Recreational Insurance For Jet Skis?

If you own a jet ski, you may not realize that you could use insurance to protect yourself and others while you are out enjoying the open waters. Although a jet ski isn’t a boat, you still need to cover the vehicle in the event of an accident or even theft.

Recreational Vehicle Coverage

Recreational vehicle insurance is used for both land and watercraft and covers jet skis and wave runners. If you enjoy spending time out on the water with any type of recreational watercraft you should research how much coverage you need and work with an experienced agent to find the right amount and type of coverage to prevent losses. Don’t take chances out on the water. You never know when someone may be careless or even steal your craft. These recreational vehicles can be quite expensive, which is why coverage is so important.

Working With An Agent

If you seek the assistance of a skilled insurance agent who is familiar with recreational vehicle insurance, you will likely have the coverage necessary to prevent gaps in coverage. Carefully select your agent and make sure they are willing to work closely with you to explain the terms and conditions and offers custom solutions to fit your lifestyle and needs. If you are in the Longmont, CO area, check with 1st American Insurance Agency about insurance products to protect you before selecting your policy. 

Recreational vehicles need insurance protection too. Call or stop by 1st American Insurance Agency, serving the residents of Longmont, CO, for more details and to speak with a friendly agent who can answer your questions. 

Motorcycle Insurance Laws in Colorado

As many motorcycle owners already know, things are a little different when you’re on a bike instead of in a car. While you have more freedom and maneuverability, you are also exposed to more risk simply because auto drivers often are not as careful or respectful around motorcyclists sharing the road with them as they should be. Located in the Longmont, CO region, the insurance experts at 1st American Insurance Agency are here to help make sure that you are taking on as little risk as possible. Here’s what you need to know about motorcycle insurance laws in Colorado. 

State Motorcycle Insurance Laws

The state of Colorado does not actually require motorcyclists to have vehicle-specific insurance or even general liability insurance. That said, the state does require you to have proof of financial responsibility. In a nutshell, this just means that you will be able to pay for the costs of an accident should you be deemed at fault. There are two ways to do this in Colorado— by having a motorcycle insurance policy that contains liability coverage, or by filing for self-service Insurance (only available to those with multiple vehicles registered under their name). 

What If I’m Not At Fault?

Unfortunately, even if an accident is deemed to be someone else’s fault, that doesn’t necessarily mean that you are completely free from financial burden. If the other person takes off (hit and run) or does not have sufficient insurance, it’s sadly often the victim who winds up having to foot the bill. Let’s face it— this is Colorado, and our state is visited frequently by drivers from other states. Insurance laws vary around the country, but that is all the more reason to make sure that you and your motorcycle are adequately covered. 

What Next? 

Serving customers in Longmont, CO and beyond, we’re here to help you get the motorcycle insurance you need. At 1st American Insurance Agency, we follow all local and state laws to make sure that your policy is compliant while still fitting your personal needs and budget. When you’re ready to take the next step, give us a call or send us a message. We look forward to meeting you! 

Different Types of Commercial Insurance to Consider

Besides general liability and workers compensation insurance, there are a number of other insurance policies that can benefit a business in Longmont, CO. Each business has its own unique set of risks, so it can be hard to determine which each business needs to protect. An agent at 1st American Insurance Agency can help you with these different types of commercial insurance polices.

Business Interruption Insurance: This can help your pay for any lost income your business experiences if external forces will cause you to close for a short time. This will help keep your business afloat so you won’t suffer a huge financial loss.

Accounts Receivable Insurance: This policy will help cover your business against losses due to the inability to collect customer payments.

Crime Insurance: Use this to protect your business from any losses related to crime, such as forgery and theft. 

Cyber Liability Insurance: This will protect your business from costs and damages that are related to computer system, data breaches, electronic data, and computer attacks.

Equipment Breakdown Insurance: This is used to protect your business from damages related to electronic, computer, and mechanical equipment breakdowns.

Additions to Property Insurance: Many businesses have property insurance but property insurance can only cover so much. There is debris removal insurance to cover the cost of removing debris after a flood, windstorm, or fire. Property insurance can cover the cost of rebuilding but not removing the debris. Glass insurance can cover plate glass windows and broken store windows. Builder’s risk insurance will cover buildings when they are being constructed.

Directors and Officers Liability Insurance: This insurance is used by non-profits and corporations, in order to cover the cost of lawsuits against officers and directors.

Contact 1st American Insurance Agency, serving Longmont, CO, to get a quote on commercial insurance. 

You Can’t Fool Mother Nature But You Can Be Ready For Her

A home frames our lives and shapes our memories;  memories that become more precious as the years pass by. However the question that always hovers around us is what will those years bring?  For while we in Longmont, CO are privileged to live in one of the most naturally beautiful areas of the country, that privilege comes with being at the mercy of her whims. Blizzards, hailstorms, torrential rains, and wildfires are always all too possible.  At this time of year, it’s a sure bet that major snowstorms will be actualities, not possibilities. We can’t stop Mother Nature, but we can be ready for her. These three steps are a good place to start.

Know Your Roof

The Institute for Business and Home Safety has found that most roofs are capable of holding up to 20 lbs/sq. ft. of snow. Although many homes in snow-prone areas like ours are designed to hold more, it pays to know how much your roof can be expected to handle. These rules of thumb can help.

  • Newly-fallen snow: One ft. of new snow weighs roughly five lbs/square ft. Using that as a gauge, you’re safe in assuming your roof’s surface can hold up to four ft of freshly-fallen snow.
  • Old snow: Snow that has been laying on the roof tends to get packed down on its way to becoming ice. Weight-wise, three to five inches of old snow is equivalent to one ft of new snow, so figure on your roof being able to handle about two ft of old snow.
  • Ice:  One inch of ice is equal to one foot of snow, so a mere four inches of ice on your roof puts it in jeopardy.

The best course of action to take is to keep a roof rake handy so you can clear off snow from the ground. Never consider using a ladder to get up there. But should you do all you can and still your roof suffers damage, your friends at 1st American Insurance Agency can help you file a comprehensive insurance claim.

Don’t Forget Your Pipes

Just because your water pipes are indoors don’t forget that their precious cargo can freeze if interior temperatures get too cold. Should this happen, you can look forward to leaks and possible flooding when they thaw, incurring as much as $5,000 in water damage according to a Consumer Reports article. Areas posing the most risk include unheated spaces like attics, garages, and basements as well as exterior walls and cabinets. The Institute for Business and Home Safety recommends taking the following precautions:

  • Let a faucet drip during periods of extreme cold.
  • Leave doors open on cabinets housing pipes.
  • Insulate pipes in crawl spaces, attics, or unheated basements with foam or fiberglass sleeves.
  • At the start of winter drain exterior pipes and shut off those leading to the exterior.
  • If the power goes out, use a generator or wood stove to heat pipe areas.

Should no water run when you turn on a faucet, take no chances, call a plumber. Then call us so we can get a claim started.

Take Inventory 

If you haven’t already, stock up on enough sand or salt to last you through at least the first storm. Make sure your snow shovels are in good working condition and don’t wait until the snow is piling up to make sure your snow blower works. And oh yes, – make sure you have plenty of gasoline on hand. But the best way to be prepared is to stop by 1st American Insurance Agency so we can review your home insurance policy and make sure your coverage has kept up with your Longmont CO home’s value.

 

Save Essential Life Assets With Umbrella Insurance

At 1st American Insurance Agency serving Longmont, CO we have the experience to make sure clients at all walks of life are properly insured. We offer a wide array of insurances and are committed to making our clients lives more sound and peaceful. You may not be aware of risks that are leaving your underinsured and at the mercy of circumstance.

Your children’s college eduction, your savings, your automobiles, and your home may be at risk. Like many others, you may be one unfortunate event away from a much bigger headache and much bigger consequences than you expect.

Success comes with hidden responsibilities. Taking extra-precaution to protect assets is one of them. If you are not an ‘average’ person with an ‘average’ income than ‘average’ insurance is not enough. Typical homeowner, auto, and other policies only protect up to a certain amount. Beyond that amount, it’s all on you. If a workman is injured on your property and his claim exceeds the amount of your coverage, than you’ve got a choice to pay out of pocket or hire a lawyer to challenge the claim.

That’s why if you’ve gone past the ‘average’ thresholds of life then it’s in your best interest to invest in umbrella insurance.

What is umbrella insurance? It’s added coverage that kicks in when your primary policies, home or car for example, have been exhausted. Success probably wasn’t handed to you, and you have to work with extra diligence and focus to maintain it. Don’t let a distraction like a massive insurance claim add to your burdens. Contact 1st American Insurance Agency serving Longmont, CO and make an appointment to discuss the best umbrella insurance options for your circumstance.