Are You Making These Costly Home Insurance Mistakes?

We at Alliance Insurance Services has seen a lot of our customers in Fort Collins, CO make home insurance mistakes that end up costing them a lot of money. The following mistakes are among the most common, and are frustratingly easy to avoid.

Underinsuring Your Home

Homeowners often underinsure their home under the belief that they can save money by paying for less insurance. This mistake operates under the assumption that nothing bad will ever happen to their home. Unfortunately, when something unexpected does occur, you’re likely to end up with a high deductible or with coverage holes that will cost you a lot more than simply fully insuring your home would have cost.

Assuming You Have Specialized Coverage

In Fort Collins, CO you might assume you have tornado or flood insurance built into your policy. That’s simply not the case. Specialized coverage options typically cost a little more, even in areas where these events are more likely to occur. Read through your policy coverage to understand exactly what you have, what you don’t, and how much it would cost to get those options.

Ignoring Earthquake Coverage

While it’s true that Colorado isn’t exactly prone to earthquakes, they may still happen here occasionally. This is especially true of aftershocks from California-based earthquakes. Though the impact is typically fairly low, it might still cause damage to your home. Without earthquake insurance, you will have to pay for those repairs out of your pocket.

Don’t Make These Mistakes

If you have home insurance and you’re worried that you’ve made any of these mistakes, please contact us at Alliance Insurance Services as soon as possible. We can help you save money by creating a great home insurance policy.

End of Year Decisions To Make – Don’t Let the Year End Without Insurance

As we come to the end of year 2016, there are a lot of things to consider. Evaluating what is important comes to mind as you look back over the year and all of the events that have transpired therein. Do you have the right type of insurance for your home, business or automobile? Some people actually live their lives without insurance in constant fear of getting caught. It’s not worth it.

Insurance is not always something we want to think about. Much easier to tend to the financial topics of life that we have to take care of like paying mortgages, car notes, and rent. Imagine that you are in a situation where you need coverage and you do not have it. There is absolutely no replacement for insurance. As an uninsured you would be left with a myriad of poor excuses, not to mention a mountain of debt or worse.

Serving the beautiful city of Fort Collins, CO and surrounding areas in the state of Colorado, Alliance Insurance Services can give you the quality and detailed attention that you need in order to learn exactly what insurance products you require. When choosing an insurance agent it is imperative that you pick someone who is familiar with your needs. The weather that we experience in Colorado is unique to our locale. Our professionals are well-versed in understanding how the weather can impact your particular insurance policy. A detail like that can be lost on an agent who is not familiar with Fort Collins or the Colorado area.  Alliance Insurance Services offers comprehensive policies for the following needs:

  • Homeowner
  • Auto
  • Umbrella
  • Business

While these are general types of insurance that we offer, you would need to contact the agency directly to gather information on the specifics of what coverage you require.  Please contact us to learn more of how we can serve your insurance needs.