Are you a business owner? Then commercial insurance is for you! If someone tries to sue you, commercial insurance covers your legal fees. If someone breaks and enters to steal merchandise, commercial insurance will keep you from going broke. If a storm knocks your sign down, commercial insurance will help you repair or replace it. Many things can happen to hurt a business. Because of this, there are different types of commercial insurance. This includes coverage for legal liability, property damage, employee-related risks, and more. 

How Commercial Insurance Works 

Opening a business can be lucrative, but it can also be a financial risk. Commercial insurance reduces the risk by protecting the business owner from potential loss due to unforeseen incidents that the business owner couldn’t afford to cover by themselves. This can keep a business going despite unplanned risks. 

How to get Commercial Insurance

First, review your risks and assess what kind of insurance you may need. Evaluate whether you have employees and how risky the workplace is. You can then shop around for insurance and get some quotes. Once you’ve got all your quote options, you can shop for comparison. Then you can decide which one would be most suited for you. Once you’ve made the purchase, don’t forget to keep everything up to date. Reevaluate your coverage annually. 

Get Commercial Insurance from Alliance Insurance Services, Serving Arvada, CO

If you’re starting a business in Arvada, CO, please consider Alliance Insurance Services. We are dedicated to providing our clients superior service in a trustworthy environment. We will help you and your business thrive. 

Life insurance is an important part of your financial portfolio. It provides security to those you may leave behind if you pass away. Most people have many questions about life insurance, and in Arvada, CO, our team at Alliance Insurance Services is here to answer your questions and offer all the customer service you may need. 

What factors affect life insurance rates?

Several factors affect the amount you will pay for health insurance. 

• Age – The younger you are, the lower your premium will be. 
• Gender – Women live longer than men and will pay about 25% less on average for life insurance. 
• Health – A serious health condition may result in higher rates or being denied. Being overweight may also affect premiums.
• Lifestyle – Smoking or having a dangerous hobby can result in higher risk. 

Do I need anything beyond my employer-provided life insurance?

Yes, it would be best to have your own personal life insurance. You need to be in control of the financial future of your loved ones. What if you change employers or your employer goes bust? You could be without coverage. 

How do I determine how much life insurance I need?

Several things go into figuring out your life insurance needs. Who depends on your income, and how long will you need to provide for them? Remember, they will no longer have your income to count on. 

Do I need to get a physical exam?

Life insurance can be acquired without a physical exam, but you will have limited options and pay more for the policy than if you got a physical exam. 

If you are a resident of Arvada, CO, or the area, you can count on our dedicated team at Alliance Insurance Services to help you with all your life insurance needs. 

If you live in or near Arvada, CO, you don’t need to be told how stunningly beautiful the area is. Picturesque mountains and big, beautiful skies make it exactly the kind of place that’s perfect for a leisurely ride on the back of a classic motorcycle.

But it’s important to understand that insuring a classic or vintage motorcycle isn’t as simple as with a newer bike. At Alliance Insurance Services, we can help you make sure your policy is suitable for your bike. In the meantime, here’s an overview of what you should know.

Classic Motorcycle Insurance and Colorado Law

As with any other vehicle you plan on actually using for transportation purposes, you are required by Colorado law to carry liability insurance on any bike you plan to ride, even occasionally. This includes vintage bikes.

But even if you never ride your classic bike, it’s still essential to protect it. Otherwise, you’ll lose your investment in your motorcycle if it’s ever stolen, vandalized, or damaged.

Storage and Security Matter

Factors like how well your bike is cared for, where you store it, and whether additional security measures protect it always affect your insurance policy and premiums. But they’re essential when insuring a high-value motorcycle.

Like insurance itself, ironclad security or safety measures like lighted storage conditions, tracking devices, and cameras protect your bike’s value.

Beyond the Bare Minimum

By law, you’re only required to carry liability insurance on your Arvada, CO motorcycle. And, of course, you’ll want to carry specialized insurance if you drive a classic or high-value bike. But be sure to consider factors like how often you ride your bike, inclement weather conditions where you ride, and more when deciding how much insurance you need.

Give us a call at Alliance Insurance Services and take the following steps toward the protection your vintage bike deserves. We’ll be happy to help you figure everything out.

When you redo the interior or exterior of your motorhome, you might think about taking photos for House Beautiful or RV Monthly. Still, you probably don’t consider showing off your hard work to your insurance agent at Alliance Insurance Services. You should because your changes make your rolling home parked in Arvada, CO, worth more money.

Adding Value Means Updating Coverage

When you add to your RV, such as a solar panel system, or update the kitchen appliances, you increase the value of your motorhome. This means you also need a policy review to update your RV insurance. You might consider the updates minor or cosmetic, but the new flooring in your RV or the re-upholstered dining area increases the value of your vehicle.

When you purchased your RV policy, you provided the value of the motorhome and a few photos. When things change, especially for the better, you need to update your coverage.

Let’s say you insured your RV for $75,000. You redid the interior, then added a 2000-watt solar panel system, so you can park anywhere and still have power. You added more than $20,000 of value to your RV, which is not covered until you update your insurance policy.

If an accident occurred, your policy would pay you the policy limit maximum of $75,000 for it. You would lose the $20,000 you sunk into the improvements. Your replacement RV would need the same upgrades to serve you like the damaged one did. You would need to spend the money all over again.

Schedule Your Policy Review Today

Don’t let this happen to you! Contact the friendly insurance agents serving Arvada, CO at Alliance Insurance Services. Undergo a policy review with us and update your policy limits and photos.

What type of commercial insurance policies you need for your Arvada, CO business will depend upon what kind of business you operate, where you operate it, and the scope of your client-facing operations. When you work with a talented insurance agent like those at our Alliance Insurance Services office, you will be recommended policies specifically designed to protect your business from common types of financial losses you risk by simply being in a company. One of those types of financial losses occurs when an employee is injured.

Understanding How & Where Commercial Insurance Covers Employee Injuries

Worker’s Compensation Insurance is a valuable type of insurance policy that, in exchange for monthly premiums, offers ample financial and medical benefits for employees who are injured or become ill when working for you. For example, let’s say you operate a boutique bridal store in Arvada, CO, and an employee trips and falls while walking down the stairs to bring a customer more dress options. Because they become injured at your location while doing business tasks, your company’s worker’s compensation insurance will kick in and offer medical reimbursements and lost wages to supplement their finances as they recover. 

But did you know your employee doesn’t have to be on-site to be eligible for worker’s compensation benefits? So long as your employee becomes injured or ill while on the clock or otherwise completing business tasks for your company, they will be covered by most commercial insurance policies with worker’s compensation provisions. For example, if your Arvada, CO bridal employee is delivering a wedding dress to the bride at her rehearsal dinner and is injured in a trip-and-fall accident at that location, then your commercial insurance policy will still cover them. 

Learn More By Contacting Alliance Insurance Services

Contact our friendly team at Alliance Insurance Services, and let’s find the best commercial insurance coverage for your Arvada, CO business. 

Two primary forms of life insurance are each highly popular with policyholders. Each works differently and has different advantages and disadvantages. Term life insurance is one of these insurance policy types. It has some significant advantages that keep many people choosing this type of policy. When you’re interested in a term life insurance policy, call us at Alliance Insurance Services in Arvada, CO, and learn more. 

Insurance for a Term

The name term insurance is because the policy is good for only a specific term. When the policy is written, it’s made clear in it exactly how many years the policy will be in force. When a policy becomes effective, it will run for that number of years. When the term is over, the policy is no longer valid. If the policyholder hasn’t passed by the time the term is over, they will not be covered and will have to get a new policy if they still want coverage. Some insurance buyers don’t like this type of policy because it does have an expiration date. However, some choose these policies before there is a significant advantage to them. 

Lower-Cost Insurance

The significant advantage is that this insurance type costs much less than the other primary type, whole life insurance. It’s often highly affordable for policyholders. Some people who wouldn’t be able to afford whole life are able to get life insurance because of the low prices of term life policies. 

Get Your Life Insurance 

It’s always essential to have life insurance. When people depend on you, you need to have a policy in place. When you’re ready for a life insurance policy, call Alliance Insurance Services in Arvada, CO. We can tell you more and get you started. 

Are you planning to go on a road trip? One way to ensure you get the most out of your next trip is to get sufficient RV insurance for your motorhome. RV insurance will cover you from liability claims related to your RV and the cost of any damages to your vehicle. In other words, it will cater to the vehicle’s motorhome and vehicular aspects. Here are five questions to ask your potential insurers when looking for the right RV insurance policy.

1. What Type of RV Coverage is Best For Me-Actual Cash Value or Replacement Cost?

The actual cash value coverage reimburses you for the value of your motorhome minus depreciation at the time of damage or loss. In other words, the insurer pays you the current value of your motor home. On the other hand, replacement cost coverage pays you to replace the damaged RV with a new one of similar form and quality. 

If you need help choosing between the two, contact insurance experts in Arvada, CO, at Alliance Insurance Services to help you.

2. Can I Get Assistance If My RV Breaks While On The Way?

Your vehicle can break down along the way due to fuel, punctures, or other problems. Asking the above question will help you judge whether your insurer can provide 24/7 coverage and if they have the right equipment and replacement parts to help with your trailer or RV. 

3. How Can I Lower The RV Insurance Premiums?

You can lower the insurance premiums by bundling policies, taking accident prevention courses, and installing anti-theft devices in your RV. Our insurance agents in Arvada, CO, at Alliance Insurance Services, will advise you on the best strategies to reduce premiums.

4. Are My Possessions Inside The RV Covered?

If you usually pack your cooking, sports, camping, and other traveling accessories, it would be wise to ask whether they are part of the contract. Your insurer should allow you to buy more coverage to protect your items if they aren’t.

5. For What Period Is My RV Insurance Valid?

Some RV insurance providers offer limited RV coverage, while others provide full-time coverage. As such, asking about the validity period will help you know the number of days that your RV policy allows you to use your vehicle per year. 

Contact Alliance Insurance Services

Are you looking for RV insurance in Arvada, CO? Contact Alliance Insurance Services for help. We pride ourselves in providing quality service to our clients in Arvada, CO, and its surroundings.

If you are thinking about heading out on the highway on your new motorcycle, you better also think about having the proper amount of motorcycle insurance. The motorcycle insurance agents at Alliance Insurance Services serving the Arvada, CO area want you to know about the different coverage options you can choose from when it comes to motorcycle insurance.

Is Motorcycle Insurance Required in Colorado?

If you were wondering if motorcycle insurance is required in Ohio, it is. You must have at least a liability insurance policy in effect that will help pay for any damages or injuries you cause if there is an accident.

Motorcycle Insurance Coverage Options

There are other coverage options when it comes to motorcycle insurance.

Comprehensive Insurance

Comprehensive insurance is a great way to protect the investment you’ve made in your bike. This is because if your bike is damaged or destroyed in some natural disaster, due to a fire, or even because of an act of vandalism, this type of insurance will help you repair or replace your bike. It will also help you out if someone steals your motorcycle.

Collision Insurance

Collision insurance is designed to help you pay for any damage to your motorcycle if you collide with another vehicle or a stationary object while riding around with your knees in the air.

If you owe money to a lender for the purchase of your beautiful motorcycle, you probably are required to have both comprehensive and collision insurance in addition to your motorcycle liability insurance coverage.

Contact Alliance Insurance Services

To create the best motorcycle insurance policy for you and your awesome bike, contact the experienced and trusted motorcycle insurance agents at Alliance Insurance Services serving the Arvada, CO area today!