Elective Auto Insurance Coverage

Every state requires drivers to carry a certain amount of liability insurance, with the minimum requirements of coverage being decided by the state. It can be tempting to drop full coverage insurance the moment an auto loan is paid off, but there are incidents that are beyond your control that can put you back to pedestrian status. 1st American Insurance Agency professionals serving the Longmont, CO area can help you decide what risks you may wish to have covered.

Towing and Labor

Even if you can change a tire, there are several things that can halt your drive. As auto technology continues to gain more components, the more things can fail while on the road. Tow trucks can be expensive, often starting at $75 plus $1-2 per mile. One use can more than compensate for the addition of this policy.

Medical Payments

Liability insurance covers any medical expenses of the other vehicle’s passengers, but not the passengers of your car. Medical payment coverage can get you a treatment that requires upfront payment helping avoid unnecessary emergency room visits.

Uninsured/Underinsured Motorist Coverage

Should someone hit you who is uninsured, you will only see financial compensation if they have the means to pay and do not refuse to do so. Even a court order can’t get money from someone who is indigent. This means that you could be in the position to have to pay, upfront, for repairing or replacing your vehicle. Un-/Underinsured protects you from this situation.

State minimum coverage is meant to protect others from accidents caused by you, but there is nothing outside of that to protect you. Contact the professionals at 1st American Insurance Agency, serving the Longmont, CO area, to see if adding one or more of these to your minimum policy will keep you better protected from the things that cautious driving can’t always

Different Umbrella Coverage Options for Longmont, CO Residents

As a resident of Longmont, CO., there are a variety of insurance coverage options available, such as umbrella insurance. Here are the facts about umbrella insurance you need to know.

Who Should Have Umbrella Insurance?

If you’re like most Longmont, CO residents, you want to know if umbrella insurance is a necessity. Yes, an umbrella policy is a necessity, although it is not required by law. Everyone can benefit from umbrella insurance because it helps prevent individuals from paying out-of-pocket for mishaps and accidents.

When Can Umbrella Insurance Coverage Help?

Umbrella insurance can help with coverage for your:

  • Personal property
  • Business losses
  • Criminal or intentional actions
  • Contracts

Personal Umbrella Insurance Policy

A personal umbrella insurance policy helps when you damage someone’s property, and the limits exceed your policy’s limits. If you are the cause of someone being seriously injured, you will be legally held responsible for the damages, which will more than likely exceed your standard insurance policy coverage. Umbrella insurance picks up coverage where your standard policy lacks.

Umbrella Insurance vs. Excess Liability Insurance

Umbrella coverage is sometimes referred to as excess liability insurance, but they are two different types of policies. Excess liability insurance offers coverage options that carry the same exclusions as your standard insurance policy and provides coverage for the same risks.

Having a personal umbrella insurance policy provides more coverage for the same instances your current insurance policy includes. Personal umbrella insurance policies can protect you from other risks, including slander or a judgment against you, and an excess liability policy does not.

At 1st American Insurance Agency, we recognize your need for reliable insurance from a company you can trust. Our objective here at 1st American Insurance Agency is to provide Longmont, CO residents with the coverage you need, whether you require one policy or multiple policies. Contact us to learn more about the insurance policies we offer and how we can help meet your needs.

Do I need to carry recreational vehicle insurance in Colorado?

What could be better than owning a recreational vehicle in Colorado?  The mountains are a big attraction and getting away to enjoy nature is appealing. Owning a recreational vehicle is a major investment and like all major investments, it needs to be protected by insurance. All vehicles in Colorado need to carry liability insurance to protect others from an accident where you might be at fault. Before you purchase your recreational vehicle insurance it is a good idea to talk to a knowledgeable insurance agent like those at 1st American Insurance Agency in Longmont, CO. 

When it comes to your recreational vehicle insurance determining what type of insurance will be the best depends on exactly what type of vehicle you purchase. In some cases, you may be able to insurance an RV on your regular auto insurance policy but in other cases, the coverage might end up being woefully inadequate. 

First, you need to determine if you have a motorhome or a travel trailer. While people often use the words as if they are the same thing, in insurance terms they are not. A motor home is a vehicle that is self-contained, has a bathroom and a water supply. Every insurance company defines it a little differently but if you have a travel trailer, it needs to be towed by a vehicle. 

RV insurance offers the same basic options for coverage that an auto policy has. It has liability coverage to protect you from damage to others, as well as collision and comprehensive to protect your vehicle. You need to make sure that your coverage is commensurate with the value of your RV. 

When it comes to insuring your recreational vehicle taking to an insurance agent who has experience with RVs is important. At 1st American Insurance Agency in Longmont, CO they have the experience you are looking for. Gave them a call or stop by their office for a no-obligation quote. 

How Can a Commercial Insurance Policy Protect a Business in Longmont?

Longmont, CO continues to be a great place for anyone to own a business. If you are looking to start a company in this area of the state, you can take advantage of the strong economy and population base. Prior to starting any type of company, it is important to spend time considering your insurance needs. A commercial insurance policy will help to protect your company in many different ways.

Gives Protection for Liability Risk

One very important advantage that comes with a commercial insurance policy is that it can provide you with protection for liability risk. If you happen to cause harm to a customer, or an employee is injured, you could be facing a liability claim. Fortunately, through commercial insurance, you will receive both liability and worker’s compensation insurance coverage, which provides protection and support for these situations. 

Covers Assets

Any business owner that wants to get off the ground will need to invest in some business assets. If you are a victim of theft, fire, or other forms of damage, the impact could be significant. Fortunately, when you do receive a commercial insurance policy, you are going to receive the coverage that you need to replace or repair these assets. 

Anyone that owns a business in the Longmont, CO area needs to get a quality commercial insurance policy. If you are looking for a new insurance policy in this area, you should reach out to the team at 1st American Insurance Agency. There are a lot of complexities and challenges that come with picking a commercial insurance policy. When you work with 1st American Insurance Agency, you can be assured you will have someone by your side that can help you to make an informed decision. 

Does Motorcycle Insurance Include Hospitalization Coverage?

Owning and riding a motorcycle comes with certain risks. One of the most prominent risks is having a major accident requiring a trip to the hospital. Before purchasing motorcycle insurance coverage, it is important to understand the limits of coverage so there isn’t a surprise if an accident with injuries occurs.

Hospitalization And Motorcycles

In most cases, motorcycle insurance does not include hospitalization coverage because motorcycle riders have such a high risk of serious injury. There are other ways to provide the additional protection necessary to prevent losses as a result of an accident or injury. The best way to get the right type and level of coverage is to work with a skilled insurance agent. They can assess your current needs and match you with coverage options that offer comprehensive protection both on and off the road.

Working With Agents

The best way to get top quality coverage in the Longmont, CO area is to work with 1st American Insurance Agency and let their agents help you make informed choices. They can answer all of your questions and then help you understand the limits of coverage and any fine print that impacts coverage. They are committed to helping clients protect the things that are important to them while helping them select ideal coverage to fit their lifestyle. 

Anyone who is currently interested in purchasing quality motorcycle insurance should call or stop by 1st American Insurance Agency and let them work with you to achieve your coverage goals. They are waiting to provide Longmont, CO with the services necessary to have confidence while riding a motorcycle out on the open road or while it’s parked at home in the garage. 

If A Guest In Your Home Is Accidentally Injured, Does Your Home Insurance Cover Their Expenses?

Shopping and purchasing the right type of home insurance can be challenging without the help of a professional insurance agent. There are many things to consider because there are so many hazards and scenarios that can happen to create the need for a claim at some point. For example, what if a guest in your home is injured? Does your insurance cover their medical expenses? 

If A Guest is Injured in Your Home

In the event a guest in the home is accidentally injured, it will usually be covered by the policyholder’s home insurance policy. Before making a purchase, however, you should consult with an experienced agent to find out what the limitations of coverage area and if there are terms and conditions to be specifically aware of concerning liability coverage. Anyone who has questions about home insurance can count on the agents at 1st American Insurance Agency serving Longmont, CO to provide answers you need to make an informed decision. 

An Agency With Integrity

Integrity is important within the insurance industry. People count on their insurance agency to guide them through the policy purchase process and explain each product in detail to ensure they are getting the best coverage for their needs. The agents at 1st American Insurance Agency are committed to providing excellence in insurance. They work one on one with each client to assess both current and future insurance needs. They will then provide recommendations for policies that match those needs. 

Anyone who is shopping for top quality home insurance living in the Longmont, CO area is urged to call or stop by 1st American Insurance Agency to speak with an agent. 

Is Colorado a No-Fault State?

There’s a good chance you’re already familiar with "No-Fault" driving laws. Under these laws, no driver in an accident is deemed to be "at fault", and the auto insurance of both parties is set up to pay for the damages and resulting medical costs. 

That’s how things used to be in Colorado, right up until 2003. Since then, our state has been an "At Fault" or tort system state. At 1st American Insurance Agency in Longmont, CO, we believe that all drivers need to be aware of what this means and how it affects auto insurance.

Who is ‘At Fault’ in an Accident?

Because Colorado is an At-Fault state, determining who caused an accident is crucial in order to recover damages. This is why it is so important that your first phone call is to the police and your second call to your insurer. If you do not secure a police report right away, it will be very difficult to prove the other driver was at fault (even if they blatantly were). Likewise, if you were the one primarily at fault, you will still want a police report. Getting one will help lay out all the facts of the situation and prevent the opposite party from blaming you for more damages than you’re actually responsible for.

Understanding Comparative Negligence

Naturally, determining fault is not always a cut and dry issue. In many cases, drivers are viewed to carry a certain percentage of fault when they get into an accident. This is why Colorado also practices what’s known as the "Comparative Negligence Legal Theory". In a nutshell, this allows you to seek compensation (particularly when it comes to injuries) if you are less than 50 percent at fault for the accident. The amount of compensation you are entitled to will, therefore, be reduced the greater your percentage of fault is. 

Please feel free to reach out to us at 1st American Insurance Agency with questions and to learn more about your coverage options. We insure drivers in Longmont, CO and beyond, and we focus on finding quality policies to help ease the burden of any accident, whether or not you are "at fault". 

Protect your business from employee complaints with umbrella insurance

1st American Insurance Agency is here for the business owners in the Longmont, CO area. We can help you acquire the proper insurance to protect your company. Many business owners like to think that employee complaints won’t happen to them, but unfortunately, this is not always the case. We believe that it’s always best to be prepared and recommend an umbrella insurance policy for many of our commercial clients.

How an umbrella policy can help to protect your company from employee complaints

Unfortunately, there are times when an employee complaint turns into a legal issue for your firm. With an umbrella policy, you will be more likely able to absorb the after-effects of a legal situation brought about by the complaint. Typical primary policies have coverage limits that can be reached and surpassed by the legal consequences of employee complaints. When a primary insurance policy has paid out its maximum coverage amount, any additional expenses will likely become the firm’s responsibility.

A robust umbrella policy will take over if and when the policy limits of your primary commercial insurance is reached. This will allow you to continue business as usual. You will also enjoy the peace of mind that comes with knowing that you have the protection you need, no matter what may happen. This knowledge will allow you to stop worrying and focus on keeping your business running. 

Business owners in the Longmont, CO area can rely on the 1st American Insurance Agency for all of their commercial insurance needs. Call or stop by our offices today and find out more about the many benefits of commercial umbrella insurance policies. Don’t get caught in an unfortunate position because you don’t have the insurance you need, come and see us today!

The importance of liability coverage for your recreational vehicle

Getting out there on your recreational vehicle is the perfect way to enjoy all of the natural beauty and wonder that surrounds us here in the Longmont, CO area. The team at 1st American Insurance Agency is here to help you meet all of your insurance needs. A recreational vehicle may not have many requirements when it comes to insurance, but that doesn’t mean that you don’t need the protection.

Don’t overlook liability insurance for your recreational vehicle

There are many things that can possibly go wrong when it comes to off-road vehicles. And while you may be considering going with a basic policy to protect your needs, it’s a good idea to also consider liability coverage. If someone is injured while riding your vehicle, you can be held personally liable. Having a strong policy that includes liability coverage is the right way to go. You will gain the peace of mind that comes with knowing that you have the coverage that you need, and the protection that you want. Make sure that you and your family and friends can get out there and have fun, but also ensure that you will be covered in the event of an accident or mishap. Being responsible for medical expenses or other bills is a surefire way to put an end to your fun. Don’t let this happen to you, call today and get the right protection for your needs.

Are you a recreational vehicle owner in the greater Longmont, CO area? If you want to make sure that you have the protection you need, it’s time to come and visit the team here at 1st American Insurance Agency. We can help you determine the coverage that’s right for your needs. Call or stop by today!

Quick Guide to Motorcycle Insurance

Going for an afternoon ride on your motorcycle with the sun shining down on you and the wind blowing through your hair can be fun and relaxing. Unfortunately, too many motorcycles ride to end in pain or tragedy. If you own a motorcycle, it is important to make sure you are covered. Before you take your next ride through Longmont, CO, take a look at this guide to ensure you have the coverage you need.

Requirements

Colorado requires a minimum of the same amount of liability coverage on your motorcycle as it does on your automobile:

  • $25,000 per person for bodily injury
  • $50,000 per accident for bodily injury
  • $15,000 per accident for property damage

Additional Coverage Options

With the danger, motorcyclists face, liability might not be enough to protect you. The following are additional coverage options to consider. If you have questions about any of them, give 1st American Insurance Agency a call.

Collision

Covers damage done to your motorcycle due to a collision with another vehicle.

Comprehensive

Covers damage done to the motorcycle by something besides a collision and theft.

Personal Injury Protection

Covers medical bills due to injuries that you, pedestrians, or your passenger no matter who is at fault.

Uninsured/underinsured

Covers injuries caused by a driver who has no insurance or not enough insurance. 

Lay-Up Coverage

Lay-up periods refer to the times when a motorcycle is put away, for instance in the winter. During that time, most motorcycle owners prefer to have only lay-up coverage. It covers any theft or things that happen during storage.

If you are looking for new motorcycle insurance coverage or would like to improve the coverage you currently have, give 1st American Insurance Agency of Longmont, CO a call or stop by today!