3 Life Insurance Facts You Should Know

If you live in Arvada, CO, there’s no doubt that you have a lot of things on your plate on a regular basis. When everyday life eats up so much of your time, life insurance is almost certainly not on your list of top priorities. While this is entirely understandable (and normal), sometimes it’s easy to put life insurance off until it’s too late. Alliance Insurance Services wants you to know more about your options, so you can make smarter decisions. 

1. Life Insurance Is Flexible 

This is usually the first thing that people should learn about different types of insurance plans. You may see this as meant for exceptionally wealthy people with vast estates. But it could be as simple as setting up a term policy until your youngest child reaches the age of 21. Some people like to have the option of having life insurance as a safety net, meaning their plan has a savings component that can be used for new home repairs, a vacation, or their grandchild’s education.

2. Life Insurance Doesn’t Wait 

The longer you wait to set up your policy, the more complicated it becomes. And if you wait too long, you may just end up in an expensive position that could have been avoided. Asking the tough questions now is a lot easier than if you keep delaying until next year.

3. Life Insurance Depends on Your Carrier 

While many plans may look the same, the life insurance carrier will have a lot to do with how claims are processed and settled. If you’re looking for someone you can trust, Alliance Insurance Services is here to help the people of Arvada, CO get what they need. Give us a call for a quote to find out more. 

Does my small business need commercial insurance

Colorado is one of the top five friendliest states for small businesses making Arvada, CO a great place to grow your business. Small businesses face lots of challenges and as a business owner, you understand just how tough it can be to grow and thrive. You may be considering whether or not your small business needs commercial insurance. Commercial insurance is not one insurance, it has lots of different options, and talking to the knowledgable staff at Alliance Insurance Services can get you the information you need to decide how commercial insurance can benefit your business. 

In the state of Colorado, an employer with one or more full or part-time employees is required to provide workers’ compensation. This is just one aspect of commercial insurance that can be easily taken care of for you. It is good for you and good for your employees to have this important coverage. 

That is the only coverage that is required by the state but other coverages may be required by landlords or those who hold a lease on any of your equipment. Property insurance makes sure that in the event of a covered hazard happening to the building where you do business, your equipment, supplies, inventory, and more will be covered and you will be able to replace or repair it. 

Commercial liability insurance protects you from a suit that is brought against you from someone who might be injured while visiting your business or by a product of your business. Business interruption insurance can make sure that if you are unable to remain in business due to a covered event you will have the money to pay your day to day expenses. 

For the most part, you don’t need all commercial insurance but some parts will be very valuable to most small businesses. Give Alliance Insurance Services in Arvada, CO a call to set up an appointment to discuss the needs of your small business. 

Three RV insurance features to take advantage of

You should familiarize yourself with everything that RV insurance can offer in Arvada, CO when you’re buying a policy. There are many features that policies from providers like us at Alliance Insurance Services can offer. 

The following are three RV insurance features you might want to take advantage of in your insurance policy.

Towing and roadside assistance coverage

Most RV insurance policies should come along with some coverage for towing and roadside assistance. This coverage is important. If you break down, you will need to have your RV towed to a garage that can offer repairs. This can be expensive if you are located far from town. That’s why having towing and roadside assistance coverage is so important. 

Personal property coverage

RV owners typically have a lot of their personal items in their RV. These items could become damaged or destroyed in the event of an accident. With personal property coverage on your RV insurance policy, you could be reimbursed for damages to your personal property. 

It’s important to evaluate the value of your personal belongings within your RV. To enjoy maximum protection, you should have personal property coverage on your policy up to the full amount of the value of the possessions in your RV. 

Full-time coverage

You’re going to need more coverage if you live in your RV full time. In this case, you want to invest in full-time coverage. The premiums for such a policy may be slightly higher than for an average RV insurance policy. However, it will offer much-needed added coverage for full-time RV residents. 

If you’d like to learn about all the features that go along with our RV insurance in Arvada, CO, contact us. At Alliance Insurance Services, we’re here to provide you with helpful tips and information to ensure that your insurance needs are met. 

Three motorcycle insurance add-ons to consider

You need to find the right motorcycle insurance policy in Arvada, CO to protect yourself from financial liabilities. At Alliance Insurance Services, we offer a variety of options to those on the market for motorcycle insurance.

The following are three motorcycle insurance add-ons you might want to consider if you’re looking to insure your bike. 

Loan/lease gap coverage

It’s possible that you’ll be dealing with an underwater loan or lease on a motorcycle at the moment when your bike gets totaled. In this case, you would have to continue making payments on a bike that you don’t have anymore.

If you purchase loan/lease gap coverage, you’ll be compensated for any leftover payments on your loan or lease. 

Uninsured or underinsured motorist coverage

There are a lot of motorists out on the roads who are not carrying adequate insurance. If you have the misfortune to get in an accident that is caused by one of these motorists, you’ll want to have uninsured or underinsured motorist coverage. This provides additional coverage to make up for a lack of insurance on the part of another motorist. 

New motorcycle replacement coverage

A typical insurance policy will cover you for the estimated market value of your bike in the event of a total loss. However, you might want to be able to buy a completely new bike if your bike gets totaled. To get full coverage for a new replacement bike, you’ll need to add new motorcycle replacement coverage to your policy. 

We’re here to answer all your questions on these motorcycle insurance add-ons and more. If you would like to learn about our policies in Arvada, CO, contact us at Alliance Insurance Services. 

Life Insurance in Colorado

Life expectancy in Colorado is 80 years for all residents collectively. That might be a high number, but not everyone is lucky enough to live that long. Life is unpredictable and there is nothing you can do about it. However, there is something you can do to mitigate this risk for your loved ones and those you are financially dependent on your income.

You must consider getting a life insurance plan. There are different types of a plan such as term insurance, in which you can get life insurance for a certain duration of time or you can opt for universal life, which will cover you for life. There are other options available too but keep in mind that the more you delay getting a life insurance plan, the older you get and therefore it is going to get more expensive.  

There is no good time to wait and get a life insurance plan. The only good time is right now. You just can’t predict when your demise will come. Typically, death is not a topic people like to discuss or think about. However, if you are really thinking about it, it is an inevitable event in everyone’s life. Why not embrace it? Why no plan for it? Why not getting life insurance now?

Alliance Insurance Services, serving Arvada, CO, is a licensed and reputed agency that can help you decide on what type and limits of life insurance you should get. They will provide you with education on the topic so you can make an informed decision and therefore have the peace of mind to know what exactly is covered in case you pass away. The contact details for Alliance Insurance Services, serving Arvada, CO, is available on their website. Let them help you protect your loved away in case you are not there to protect them.

What is commercial business insurance?

Owning a business comes with many responsibilities and one of those is to ensure that you have the proper commercial insurance policy in place but what exactly is commercial insurance?

Commercial insurance is essentially an insurance policy that protects you and your business from unexpected circumstances. There are three main types of commercial insurance, including property insurance that covers your equipment, building, and office areas, general liability insurance that protects you and your business if there is damage or injuries to a third party, and worker’s compensation that covers medical costs for employees if they are injured on the job.

Commercial liability encompasses several issues and is the most important part of commercial insurance coverage. Whether you own a small pizza shop or a large plastics manufacturing company, your business needs to be covered under commercial liability insurance.

This type of insurance covers the injuries a person may suffer, or damage to their property if it occurs because of you or one of your employees while you are working. Also, if a person visits your store, office, work area, or shop and is injured, your commercial insurance policy will cover the costs of their medical bills and other expenses. If the products you produce causes an injury to someone, your commercial insurance policy can help cover the medical expenses of that person.

Sometimes businesses can get sued for a variety of reasons, including when someone is injured on your property or because of one of your employees or equipment. Having a commercial insurance policy in place will give you the peace of mind you need to focus on growing your business to success without the worry of a catastrophe happening.

In Arvada, CO, contact your experienced agents at Alliance Insurance Services for all of your commercial insurance needs.
 

Colorado Motorcycle Law: What You Need to Know

Exploring the community of Arvada, CO on the back of your motorcycle is fun, exciting, and adventurous. However, your new motorized bike comes with some responsibilities. Here’s what you should know about Colorado motorcycle law before your first road trip.

The state of Colorado has established some legal guidelines to encourage safe driving habits. These include:

  • Riders under the age of 18 must wear NDOT-approved helmets at all times. Riders and drivers over the age of 18 are not required to wear helmets. However, these are an important safety feature that should always be used.
  • All riders and motorcycle drivers must wear eye protection. Goggles, glasses, and helmet visors are good options.
  • Motorcycle riders are required to maintain an active motorcycle insurance policy. Talk to the representatives at Alliance Insurance Services to get your policy started.
  • To be street legal, your bike must have footrests for passengers to use. The passenger must use these at all times while the bike is in motion.
  • Passengers can only ride behind the driver. Sitting in front of the driver may incur a fine if police are alerted.
  • Passing and lane splitting is not allowed. However, it is ok for two motorcycles to drive side-by-side in one lane of traffic.
  • Riding your bike while holding onto the back of another moving vehicle is a violation of safety laws.

A good motorcycle policy is more than a legal requirement. Having the right coverage can protect your pockets from the financial effects of accidents. Before you set off on your first trip to Arvada, CO, call the motorcycle insurance experts at Alliance Insurance Services. Their representatives can help you customize a policy that fulfills all the legal requirements yet is perfectly tailored to fit your preferences and riding style.

Smart Tips for Winter RV Storage

Colorado’s harsh winter climate may make it difficult to continue RV travels. If you’re considering storing your RV until spring, the following storage tips from Alliance Insurance Services in Arvada, CO will ensure your vehicle is safe and sound for the season.

Empty Refrigerator, Cupboards and Medicine Cabinets 

Empty your refrigerator and freezer of all food and drinks and scrub them clean to keep mold at bay. Once you’re done, prop the doors open to avoid nasty smells. In like manner, clear out cupboards and medicine cabinets of medications and toiletries to include hand and body soap, toothpaste, lotions, etc. Liquid items can easily freeze during winter and crack open, leaving you with a gooey mess come spring.

Deep Clean RV Interior

Deep clean the interior of your RV in preparation for your travels in the spring. Wipe down counters and cabinets and thoroughly vacuum floors to get rid of dirt, debris and food crumbs that can attract ants, roaches or other unwanted critters.

Protect Your Plumbing System

Remove all water from your tanks and replace them with antifreeze to protect your plumbing system during winter. If you’re unfamiliar with how to winterize your RV’s plumbing system, get help from a professional to ensure it’s done right. You don’t want to take chances on ruining your plumbing system and having to pay for expensive repairs come spring.

Cover your RV and Tires

If you’re storing your vehicle outdoors, invest in a quality RV cover to protect it from the elements. Cover your tires as well to keep them from degrading by Colorado’s harsh winter climate.

Last, but not least, maintain comprehensive RV insurance coverage to protect your vehicle from theft, vandalism, and damage from the elements. To learn more about RV insurance options and costs, contact Alliance Insurance Services in Arvada, CO today.    

3 things you should know about RV insurance

You worked hard and saved diligently to purchase the RV of your dreams. It would be a tragedy if a natural disaster or car accident destroyed your investment. You should not rely on your home insurance to cover your RV in Arvada, CO. Instead, you should consider purchasing an indemnity plan for campers from Alliance Insurance Services. Read on to learn three essentials about RV insurance!

1. RV insurance is not required yet necessary

Some RV owners make the mistake of believing that insuring their camper is an option. The problem with such ideology comes in the fact of home insurance only covering a limited number of incidents regarding your camper. Your RV may be covered if damaged on your property per your home insurance plan. You, however, are on your own if you drive the vessel and get into a car accident down the road. 

Some Arvada, CO RV owners learn the hard way that home insurance does not equal full coverage for their RVs. You should avoid the devastation that comes with learning that you do not have enough assurance when it is too late by contacting an agent from Alliance Insurance Services. 

2. RV assurance works like auto insurance

Just as your auto indemnity plan has a deductible along with policy limits, so also does your RV assurance policy. The amount of damage covered under your plan heavily depends on the amount that you are willing to pay in monthly premiums. Those willing to pay more every month may find themselves walking away from an incident with no out-of-pocket costs to them. Meanwhile, those who pay less upfront may find themselves with a bigger bill down the road. 

3. How much coverage you need depends on a number of things

Not every RV owner is the same. Thus, it is important that you contact your local agent to find the policy that best fits your lifestyle and overall needs. Contact us today to get started with a quote to insure your RV!

Colorado Motorcycle Helmet Laws

Colorado is a state with a somewhat libertarian attitude. The laws in Colorado, in general, allow any adult to make decisions about their health and safety, as long as their decisions do not harm others.

The Colorado helmet law follows this philosophy. There is no legal requirement for any adult, who is over the age of eighteen, to have to wear a helmet when operating or riding on a motorcycle.

However, there is a legal requirement for any minor person, who is under the age of eighteen, to wear a helmet while operating or riding on a motorcycle. Parents in Colorado can be foolish about their safety but have to make sure their children wear a DOT-approved motorcycle helmet when on a motorcycle.

The Swimming Pool Thought Experiment

Imagine you jump headfirst into an empty swimming pool and smash your head into the cement at the bottom. That is what happens to those not wearing a helmet who are ejected from their bike and thrown up to 100 feet in the air before they come down hard on the pavement.

The National Highway Traffic Safety Administration reports that in states without a helmet law, 65% of the fatalities were people not wearing helmets. In states with all-rider helmet laws, only 13% of the fatalities were those who were not wearing a helmet.

Wearing a helmet may save your life. Even though the laws allow an adult in Colorado to not wear one, everyone should for their safety.

Motorcycle Insurance

Just like wearing a helmet having adequate motorcycle insurance is best. Work with your agent at Alliance Insurance Services, serving Arvada, CO, and the surrounding area, for coverage that suits your needs. Call to speak with your agent at Alliance Insurance Services in Arvada, CO to get an insurance review of existing insurance or a quote for new motorcycle insurance.