From An Agents Prospective 5/22/2013

This year seems to gone by without any incident so far in 2013. No major hail, no crazy wild fires, well at least not yet. Last year in Colorado, we had a ton of hail and wild fires. Property Insurance companies lost Billions of dollars, homes were destroyed, and people were displaced.

As an indirect consequence, a lot of consumers opened up their home insurance renewals this year, only to see insurance has gone up. For some people, it went WAY up. Especially for people who live in Colorado Springs. Some homeowners saw their premiums double. This is due to the inevitable fact, that the cost of these claims eventually gets passed onto the consumer.

I am hoping we can dodge a couple of bullets this year. The Colorado Property Insurance  market has become incredibly hard for insurance companies to figure out. This is not only due to losses in the Calendar year of 2012, but also previous years.

Lets pray that we get no more wind, hail and wild fires this year. In the long run this will be good for consumers. This is so they don’t keep seeing their pocket-book hit each year, with extra cost in Homeowners insurance.

Film Production Insurance | Get A Free Business Insurance Quote

Film Production Insurance Program

Film making involves a number of discrete stages including the initial story, idea or commission. After scriptwriting, casting, shooting, editing and screening, the film will be released to general public or a certain audience. Filmmaking may take place in many places around the world in a range of social, economic, and political contexts, and using a variety of technologies and cinematic techniques. Revenue is generated through tickets sales, and eventual sale of a hard copy(DVD).

Our Business Owners Policies Go Above And Beyond The Industry Standard

We pride ourselves with our company’s insurance products. We know our policies have comprehensive coverage which most insurance policies do not have.  Take a look at a break down of coverages we offer.

  • General Liability
  • Building
  • Business Property
  • Inventory Coverage
  • Special Equipment Coverage
  • Loss Of Business Income
  • Excess/Umbrella Liability
  • General Liability, Inland Marine, Property, Automobile, Excess Liability and coverage enhancements specific to the film industry
  • Broadened Film coverage available for negative and faulty stock, sets, props and wardrobes, etc. under Inland Marine
  • Non-audited General Liability coverage
  • Abuse and Molestation coverage available

For more details on our Business Owners Policies, Please Click Here.

Our Companies Claims Process Is Excellent

We only write insurance with companies that have an excellent claims process. A claim can be complicated, but our companies will treat you fair and keep the process as simple as possible.

Personalized Service

Our agency is family based and understands insurance. You will work one-on-one with an experienced agent who will find a policy that best fits your business needs. We believe in “good old-fashioned customer service”.

Get A Free Business Insurance Quote

Please contact us during normal business hours at 1-888-270-0995. Or use our quick form and we will contact you right away. You will work with a licensed experienced agent, who will work with you, to get a free competitive quote.

How to Choose The Right Contractor After An Insurance Claim

Choosing the right contractor after a claim can be tough. So in this blog I am going to discuss  how to locate the right contractor, and how to deal with the contractor during the process of the project. My standpoint and advice is coming directly from my knowledge and experience as an insurance agent.

First you need to find the right contractor. This can be done in many ways;  through the internet, recommendation from a friend, a door knocker and etc. Recommendations directly from your insurance company are not always the best. The contractors tend to favor the insurance companies and what they want to do, versus working solely for you. If you have an insurance broker or agent recommending a contracting company, they will generally work in the client’s favor.  (Brokers & agents need to keep their clients happy if they wish to retain business) I personally have a couple of contractors I recommend.

Be very careful about door knockers (solicitors that come in after a catastrophe, such as a wildfire or bad hail store.) Though not all cases but most likely, these are illegitimate people  who take your money and jump state.  Be very careful of contractors  from out-of-state.

Once you have found a contractor who you like, check them  out. See if he or she is  accredited with the BBB, or the Chamber of Commerce. Look on the internet for reviews(be careful sometimes they can be fake), see how long they have been in business, ask for recommendations and ask to see recent jobs they have completed  (not pictures of work but an actual address you can go see and look a completed project).  Also ask for a list of suppliers. Suppliers will be able to tell you how good and reputable a contractor is.

Now you have done your research and you have decided that the contractors are worthy of completing work for you. Now they are going to ask for you to both sign a contract. First of all, read everything in the contract. DON’T EVER SIGN ANYTHING UNLESS YOU HAVE READ IT AND UNDERSTAND IT! Make sure everything is under your conditions and the circumstance you want. Make sure there is also a grace period for you to back out without  stipulations. Don’t ever sign a contract that is incomplete or blank. Make sure you get an exact copy of what you sign.

Next the contractor is going to ask for money down or half down. My advice is NEVER  GIVE A CONTRACTOR ANY MONEY UNTIL THE PROJECT IS COMPLETE. If they can’t complete a job without any money down, then they are not a real contractor. A good contractor can get any job done, without any money down or up front cost.

Before a contractor shows up to any job site, make sure you get the following from he or she. A Certificate of Insurance, this should include general liability with a minimum one million in liability, workman’s comp, and commercial auto insurance with at least a half million dollar liability limit. Do not directly accept the certificate from the contractor. Get it directly from the insurance company or agent. They are too easy to fake. If you feel wary about the certificate call the company or agency. Make sure that the contractor has also pulled a permit through the proper authorities. Also, NEVER sign for any materials that gets delivered to the job site.  Once you sign for any materials, you are now responsible for them.  If they can’t deliver with supplies without a signature, then tell them you will find another contractor.

Finally your project is done and now the contractor is asking for his money. Make sure you do/get three things. Make sure you inspect the job and it meets your standards. Get the final inspection report from the proper authorities from which the permit was granted. Make sure that their report is satisfactory.  Finally make sure you get a signed lien waiver from the contractor.  Now you can pay them.

Security Services Insurance | Get A Free Business Insurance Quote

Security Services Insurance Program

At our agency, we can insure all aspects of the security industry. Whether you are a one man operation, or have multiple employees.  We understand the security industry has many variables and aspects that must be addressed and taken into consideration. That is why we only use the best insurance companies, that provide the most elite coverage. Work with one of our licensed experienced insurance agents, to find a package that is best for an owner or operator.

Operations We Can Insure

We can insure just about any type of operation. This can be any where to companies that work concert venues and clubs, all the way to Armored Trucks, making valuable deliveries.  Please call us with you specific risk, to see if we have a market.

Our Business Owners Policies Go Above And Beyond The Industry Standard

We pride ourselves with our company’s insurance products. We know our policies have comprehensive coverage which most insurance policies do not have.  Take a look at a break down of coverages we offer.

  • General Liability
  • Building
  • Business Property
  • Excess/Umbrella Liability
  • Workman’s Compensation
  • Commercial Auto Insurance
  • Security Services Error & Ommissio’s
  • False Arrest Coverage
  • Assault & Battery Coverage
  • Broad From Property Damage
  • Lost Key Coverage
  • Personal Injury Coverage
  • Abuse & Molestation Coverage Available
  • Coverage For Use Of Firearms
  • and more!

For more details on our Business Owners Policies, Please Click Here.

Our Companies Claims Process Is Excellent

We only write insurance with companies that have an excellent claims process. A claim can be complicated, but our companies will treat you fair and keep the process as simple as possible.

Personalized Service

Our agency is family based and understands insurance. You will work one-on-one with an experienced agent who will find a policy that best fits your business needs. We believe in “good old-fashioned customer service”.

Get A Free Business Insurance Quote

Please contact us during normal business hours at 1-888-270-0995. Or use our quick form and we will contact you right away. You will work with a licensed experienced agent, who will work with you, to get a free competitive quote.

How To Know If Your Dealing With A Licensed Insurance Agent Or Company

Today is this world, it seems like some one is always out to scam or cheat someone else. We all know its very important to protect your identity and other financial information. We all need to be skeptical, and must protect ourselves as best as we can. So how do you know if your dealing with a legitimate agent or company when shopping for insurance? You have to give out a lot of information when shopping for insurance. It’s always good to double-check if that person or company is licensed before you do so.

How Do I check If a Company or Person Is Licensed?

It’s very easy to check if an agent is licensed or if a company has a certificate of authority. You can simply do this by contacting the department of insurance in your state. For example in Colorado, its DORA- Division of insurance.  From here you can see if they’re licensed and what lines they authorized to transact business in. It also shows the dates of inception and expiration of their license or Certificate Of Authority.

The division of insurance also requires agents to pass a mandatory test, and also pass a credit and background check. They require insurance companies to get a Certificate Of Authority, and to prove solvency and stability  in order to write insurance in their state.  Some companies are Surplus and Excess and do not have to got thorough the process of getting a Certificate Of Authority. These companies  write unusual risks or hard to place, and are considered non-standard markets. In most states, the commissioner has a list of Surplus and Excess companies they find the most trust worthy.

Other Ways to Verify Acknowledgement and Recognition

  • Most agents must go through the process of being appointed by an insurance company. This includes license check with the state, background check, and credit check.
  • Check the financial score of an insurance company by visiting AM Best.
  • Check with the BBB.
  • See how long a company or agent has been in business. A new or small company or agent is not necessarily negative.
  • Meeting an agent or company rep in person is always a good idea.
  • See if the agent and/or company has any past or current complaints with the division of insurance.

Most of all if its to good to be true, or you feel uncomfortable, don’t give out your personal information! Check with the State Department of Insurance first. As always if you have more questions please call us during normal business hours.