Does RV Insurance cover Vandalism?

Your RV insurance is very unique and does cover a wide range of things that you might not even realize it covers. This type of coverage is going to help make sure your RV and its contents, as well as you, are protected when you are driving and when the RV is not moving. For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the right coverage for your RV.

Your RV may become damaged, wrecked, or may become damaged by something like vandalism. If your RV is vandalized, your RV insurance is going to help cover your RV and repairing it. If your RV is parked at your home when the vandalism occurs, it might be best to file a claim with your home owner’s insurance as the coverage may be better and the deductible may be lower. If your RV is parked at your home when it is vandalized, it does fall under the coverage of your homeowner’s policy and the cost of repair can be covered.

If you are out in your RV and it is vandalized wherever you parked it, you will need to either contact the person that owns the campground where you parked if you used one, or you will need to use your RV policy to help pay for the cost of repairing your RV after it was vandalized. Vandalism is not something that anyone wants to deal with but knowing that there are different avenues for repair is helpful. For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the best policy that is going to be easy to use and that is going to fully protect your RV.  

Should I Purchase Life Insurance for My Children

Life insurance isn’t just for adults. There are many policies available to for children, as well in Arvada, CO. In fact, purchasing life insurance for your children is a good idea for many reasons. The professional team at Alliance Insurance Services will help you find the right policy at the right price. Read on to learn more about the benefits of life insurance for children.

It Offers a Way to Save

When you purchase a permanent life insurance policy for your children, you will see its cash value grow slowly over the years. The owner can then borrow against the policy for cash or turn in the policy, which often includes a fee. This money can be used to help fund college and related expenses. Furthermore, the cash value of your child’s life insurance policy is generally non-taxable. The only case where it will be taxed is if you withdraw more than the premiums paid for the policy.

It Helps Your Child Qualify for Life Insurance Later in Life

While your child may be born healthy, they could develop a medical issue later in life that disqualifies them from purchasing a life insurance policy. To avoid this, it’s recommended to purchase a policy early in a child’s life. This way, you are locking in a policy that you can add to later on.

It Helps Cover Burial Expenses

If a child were to pass away, the life insurance policy you bought will help cover funeral expenses, medical bills, family counseling, and contribute to the financial stability of the family, especially if parents need to take time off from work.

To learn more about purchasing life insurance in Arvada, CO, contact the team at Alliance Insurance Services serving this area.  

 

 

What Types of Commercial Insurance Do I Need to Operate a Franchise?

Starting a franchise business is attractive for many entrepreneurs because the probability of success is higher than starting an independent small business. There are many factors that make a franchise have a better chance of success, which includes the capital requirements and a well-tested business model. Another thing that improves success is that the basic commercial insurance needs that are part of the terms and conditions of the typical franchise contract.

Working With Your Insurance Agent

Part of the analysis of whether a particular franchise business is a good choice when compared to another one is understanding all the actual operating expenses. When you are considering a franchise opportunity, it makes perfect sense to work with your insurance agent at Alliance Insurance Services, serving Arvada, CO and the surrounding area, to get quotes for the commercial insurance requirements.

Commercial Insurance for Franchise Operations

Commercial insurance is a broad category that actually includes many kinds of policies and coverage such as:

  • Workers’ Compensation Insurance: This protects your employees for on-the-job accidents and injuries.
  • General Liability: Every business needs to have coverage for general liability.
  • Product Liability: Any business that makes or sells products needs this protection.
  • Professional Liability: Professionals that are licensed to operate need to have this kind of protection, which may also be called malpractice insurance in the health care sector or errors & omissions insurance in the financial sector.
  • Property & Casualty: If the business rents or owns commercial property and/or equipment, this protection is needed.
  • Commercial Vehicle Insurance: Any vehicles used for business purposes, even if only occasionally, need to have this protection.
  • Business Interruption: This protection helps pay the ongoing bills if the business cannot operate for unexpected reasons.
  • Umbrella Insurance: This protection extends the policy limits of other coverage and may cover special risks that are not otherwise covered.

Contact your agent at Alliance Insurance Services in Arvada, CO to make an appointment. Bring copies of any franchise-operator contracts that you are considering, so you can discuss the commercial insurance needs and get a quote.

Coverage That Meets Your Specific Needs

Every vehicle is different. From the king cab truck that hauls gear into the wilderness to the commuter car that inches along in traffic, our vehicles need to be reliable. That means having insurance coverage for them as well. Drop in and ask us some questions about your auto insurance today. Our agents at Alliance Insurance Services will be able to go over your policy and show you others. These will be trustworthy national providers whose names you’ll recognize, like The Hartford, Progressive, and MetLife. You’ll be able to compare them side by side. You won’t even have to wonder about terms because an experienced agent will be right there to explain anything you don’t understand. We’ll help you avoid policies that wouldn’t work for your personal needs. We’re happy to help drivers in and around Arvada, CO.

We’ll help you make sure you have the kind of coverage you need for your vehicle. You can change policies pretty quickly as well if you feel you need to. No matter what, you’ll know more about your auto insurance so that if you do have an unfortunate incident, you’ll already know where you stand. You’ll know your coverage, your agent, and your options. This applies if your vehicle is a scratch-built one-of-a-kind beauty you spent years putting together yourself. It applies even if your car is twenty years old and has been passed down in the family. Your coverage, your protection, and your peace of mind matter to us at Alliance Insurance Services. We’re available online for your convenience, too. You can provide some information and receive some insurance quotes for you to consider. Visit us today and learn what we have to offer our neighbors around Arvada, CO. 

Does Motorcycle Insurance Cover Classic Motorcycles?

Motorcycles are a great way to get around and classic models can be highly collectible and beautiful as well. These classic motorcycles, however, do take a bit more to protect and take care of than a typical motorcycle and special coverage is often needed. For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the policy that you need to protect your classic motorcycle.

Put quite simply, regular motorcycle insurance is going to cover a classic motorcycle only in that it will allow you to drive the bike on the road and will cover liability or whatever injury coverage that you have. It will replace to a certain extent in that it will give you the money to buy a new bike up to the amount that you have it insured. A typical motorcycle policy will not, however, cover the cost of replacing classic or specialty parts as it is not a classic policy that has been tailored to a classic bike.

If you have a classic bike that is expensive or that does have a very special cost, you are going to need to take out a special policy that is tailored to the classic bike that you have. This is going to protect your classic bike and make it possible to replace or repair your bike if it is damaged or destroyed or needs to be fully replaced. A classic bike is a fantastic thing to own, but you need to make sure it is fully protected and that the right coverages are in place.

For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the coverage that is right for you and for your classic bike.

Does RV Insurance Cover Damage not Associated with Wrecks

RVs are a great way to spend time with the family and to really enjoy your free time. That being said, they must be protected with adequate insurance both to be legal to drive on the road and to protect your investment. RVs are a wonderful thing and having the right insurance to protect them is essential, for those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you find the policy that works best for you and your RV.

RV insurance covers a wide range of things including damage from wrecks, damage to contents, and in some cases, the damage that is not associated with a wreck. This does not mean normal wear and tear, but rather things like fire, vandalism, break-ins and other damages that might be the result of something that could not be prevented and that may not be covered on any other policies. This type of coverage is likely going to need to be listed on your policy to make sure you are covered and so that you can make sure you are going to have the protection you need if your RV is damaged.

It is always best to talk with an agent to find out just what your policy covers, what extra coverage you may need, and what you need to explicitly line out in your policy to make sure any event you may come up against is going to be covered. Things like damage from fire, damage from storms and other damages that are not necessarily the result of something like a wreck or damages incurred while driving.

For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you find the policy that works for you.

Does Commercial Insurance Cover Vandalism?

Commercial insurance is something that all business owners need and knowing what it covers is the first step to making sure your policy is tailored to your particular business. For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the policy that works for you.

Commercial policies cover a wide range of things including the basics like damage to your building, injury to employees and patrons, and theft of your inventory or other items from within the commercial space. It may also cover things like the cost of clean up from fire, storm damage, and more. Your commercial policy also covers things like vandalism and the cost of clean up from this type of event.

This means your policy may help cover the cost of cleaning up vandalism, replacing items that are damaged or broken, replacing items that are irreparably damaged or even stolen in some cases, cleaning off vandalism from buildings, and general clean up costs. If you feel you are at risk for vandalism in the area in which your commercial business is located, you may want to get more coverage for things like vandalism than you would if you were taking out a typical policy.

If you have experienced vandalism in your area, you may want to add extra coverage and make sure that your policy is going to cover the cost of replacement and repair in the event of damage due to vandalism. For those that live in the Arvada, CO area, the agents with Alliance Insurance Services can help you to find the policy that is going to work for your business and that is going to protect your commercial business fully and completely without fail and without major issue.  

What is the Right Type of Life Insurance for Couples?

If you are a married couple, it’s best to get couples life insurance in which you and your spouse name each other the beneficiary on each other’s policies. This will cover the immediate costs that occur when one party passes away.

What are the Benefits of Couples Life Insurance?

Younger couples normally share their finances and benefit from combining their incomes to buy a home, vehicles, take care of children and afford higher education expenses. If one party should pass away, the other party needs to be able to pay the shared expenses. Having couples insurance from Alliance Insurance Services will help to pay off debts, cover funeral costs, afford day-to-day expenses and make mortgage payments in Arvada, CO.

What are the Types of Couples Life Insurance?

The main two types of insurance for couples are term life, permanent life, and joint insurance policies.

Term life insurance covers the insured person for a particular term or amount of years that is set. The most common terms are between five and 30 years. When someone passes away within the term, the policy will pay out to the beneficiary. If the term ends and you are still healthy, then you renew it. Younger couples generally have lower rates on life insurance.

Permanent life covers you for your entire life until you pass away. This type of coverage also builds cash value that you can borrow from and it is also at generally lower rates when you are young.

Joint life insurance in Arvada, CO is called first to die and second to die, as it is one policy that covers two individuals. First to die insurance pays out when the first person on the policy dies and then the policy ends. Whereas, second to die life insurance pays out after both people die. This type of policy is generally used by couples to leave money for their heirs.

We understand at Alliance Insurance Services that it can be a difficult decision when deciding on life insurance policies, and we are here to help. You can call or come by the office to talk to a knowledgeable agent about your life insurance for couples.

What Types Of Commercial Insurance Do I Need For My Business?

As a small business owner in Arvada, Co, you probably understand the importance of purchasing commercial insurance. You may, however, be confused about what kind of commercial coverage your particular business needs. Some types of coverage are required by law, while others are dictated by your professional circumstances. Read on to find out what your Alliance Insurance Services policy should cover based on your small business needs.

If You Have Employees

If you have employees, the state of Colorado requires you to carry the following types of coverage:

  • Worker’s compensation insurance
  • unemployment insurance

According to the Colorado Workers’ Compensation Act, every business in the private and public sector that hires employees must carry worker’s compensation coverage.

This coverage extends to both part-time and full-time workers. Compensation coverage reimburses your workers with partial wages and covers medical costs in case of injury on the job.

Additionally, you must pay for unemployment tax, which partially covers your employees’ wages in the immediate aftermath of getting fired.

If you Use A Vehicle

If your business requires the use of a vehicle in any capacity, you need to purchase commercial auto insurance.

For a business registered in Arvada Co, you need to carry the following amount of coverage per business vehicle:

  • Bodily harm: $25,000 per person
  • $50,000 per accident for bodily harm
  • $15,000 per accident for property damage

In case of an accident, the other party can sue you over these minimum limits, therefore, it’s smart to purchase more commercial auto coverage. The state’s law mandates that should the other party’s damages exceed your auto policy, your business is responsible to cover the difference.

If You Are A Practicing Professional

It’s fair to say that all business owners are professionals. However, certain types of professions require you to carry coverage for charges made against your services or products. In general terms, this type of coverage is classed as liability insurance.

If you’re a practicing doctor or lawyer, you need malpractice insurance. As an architect, realtor or engineer, you should seek errors and Omissions coverage. Any other small business owner should purchase business liability insurance, which protects them from being charged in case of harm caused by their service or product.

Are you ready to protect your business? Contact a friendly Alliance Insurance Services agent to discuss the type of policy that works best for you.

Avoid These Four Commercial Inurance Policy Pitfalls

You perhaps started your own business because you wanted to do work you love. Then, just as many other Alliance Insurance Services business clients operating in Arvada, CO have learned, pursuing your passion could cost you your entire profits unless you prepare for what you hope will never happen but might. However, knowing you need commercial insurance is not enough. Avoid these four pitfalls when shopping for coverage for your company.

 

1. Forgetting about inflation —You have to remember, for instance, to account for what the price of new equipment might cost you 10-20 years from now. The same is true of damaged property if disaster strikes decades after you started operating in Arvada, CO.

2. Not thinking about costs of occupational injuries —If you have employees, it is highly recommended that you protect yourself against financial loss if one of them needs treatment after becoming hurt on the job. If your company is liable, you might also have to pay for lost wages, so be prepared.
3. Not being thorough enough with inventory — You might not have enough to replace equipment and supplies if you don’t account for all that you own. This could hurt your business because you maybe will not be able to serve as many clients with the sudden downsizing of your operational inventory.
4. Not protecting yourself against theft or vandalism —You need financial security as well as physical security to protect your property. You especially need this if you have customers entering and leaving your place of business all day long.

We Can Assess Your Insurance Needs

Alliance Insurance Services does not want you to lose your business and give up your passion. Contact Alliance Insurance for help with choosing the right commercial insurance plan for your operation.