Met Life Auto & Home Insurance | Get A Free Quote

We are independent insurance agents and brokers who represent Met Life met-life-auto-and-home-insuranceInsurance. We are appointed under agent code 2HH0031. Please take a look at products we offer thorugh Met Life Insurance.

  • Auto/Car Insurance
  • Home Insurance
  • Condo Insurance
  • Renter’s Insurance
  • Landlord Dwelling Insurance
  • Landlord Condo Insurance
  • Personal Umbrella Insurance
  • And More!

If you would like a free Met Life Insurance Quote, feel free to contact us during normal business hours. Our Local Phone Number is (303) 219-4985.

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We Are Your Local Travelers Insurance Agents

Looking for a Travelers Insurance Agent? You are at the right place. We are appointed and represent Travelers Insurance and their products. Our agent code is 06×753. We are a full service National insurance agency. Here is a line up of products that we write-through Travelers.

  • Auto/Car Insurance
  • Home Insurance
  • Condo Insurance
  • Renter’s Insurance
  • Landlord Dwelling Insurance
  • Landlord Condo Insurance
  • Personal Umbrella Insurance
  • Commercial & Business Insurance
  • And More!

We service the following area’s in Colorado:

Aurora, Arvada, Colorado Springs, Commerce City, Castle Rock, Denver, , Centennial, Englewood, Greenwood Village, Littleton, Northglenn, Thornton, Westminster, Wheatridge and more. Please visit this link for our map.

If you would like a quote, please contact us during normal business hours, or shoot us an email. Thanks for visiting our site!

Will The Insurance Company Inspect My Home?

When purchasing home insurance, there are some steps involved. One of them being inspecting your home after purchase of  the policy. When you buy a homeowners policy, the insurance company has the right for inspection. This can be at the beginning, or in the middle of the term. There are a couple of reasons why insurance companies does this.

  1. The insurance companies checks the assessor report, square footage, build and other factors to make sure that the home is insured to 100 percent of its value. This is to assure that property’s don’t go under insured.
  2. The inspector looks for pride of ownership. In other woods is the home being taken care and maintained. From there the inspector will note in his/her report their findings. This could be that the house is in good shape, or needs work.
  3. Liabilities are noted and sent back to the under writer. This could be a pool, trampoline, or any other liability.
  4. There are other steps that the inspector might through, such as an interior inspection, but for the most part, the first 3 steps, are the main steps.

After the inspection is done, the inspector will send his report back to the insurance company. From here, it will go through under writing, and if there are no flags, the policy gets issued. The insurance company may also require further steps, such as fixing a condition in the house. They could also completely deny issuance of a policy, but this only happens a small percentage of the time, usually due to a serious factor. (An Example is telling an insurance company that you own a Golden Retriever, but they find out you have a Pit bull).

Why A Trampoline In Your Backyard Is A Bad Idea

Trampolines are fun and good for exercise. They are also sometimes considered and attractive nuisance and are excluded on most home insurance policies.  By attractive nuisance, you as the homeowner are one hundred percent liable for any potential incidents or lawsuits. So for example, if little Johnny next door, sneaks over and injures himself on your trampoline, you are fully responsible. Even if you weren’t home and didn’t give him permission to be on your property.

According to a CBS News article, 98,000 people were treated in emergency rooms in 2009, due to a trampoline injury. The injuries have also doubled over the past decade, compared to the previous.

These injuries are not going to pay for themselves, and since your home owners insurance most likely has a trampoline exclusion, the homeowner is going to have to pay out-of-pocket.  Insurance companies use to cover trampolines on their policies. After injuries started staggering up, and personal injury lawyers started suing anyone and anybody, insurance companies got out of the business of insuring trampolines.

Our advice is DO NOT OWN ONE. Were not trying bash the Trampoline Industry, were trying to protect the home owner. Trying to protect him or her from frivolous law suits.  All it takes is for a trail attorney lawyer to represent little Johnny’s injury, and for you to pay out-of-pocket over 50,000 dollars. Even if you some how have an insurance policy that covers it, get rid of it. It’s a headache to completely avoid.

Why Buying Insurance Online is A Bad Idea

It seems like very day, we see tons of TV ads for auto insurance companies. This either can involve a cartoon, a little lizard, or even a perky little brunette. All of them advertise how you can buy a policy online. They advertise how you can get discounts for buying online. They advertise it like gold and glitter. In this blog, I am gonna go past all the excitement about buying a policy online, and actually tell you why its a bad idea.

  • The information they ask can be very hard to understand. Most of the time consumers enter in information incorrectly, which will give you an inaccurate quote.
  • Most companies, shows the lowest price. This usually means the lowest coverages.
  • Most quotes you get off the internet, are the bare minimum liability coverages. This is bad, because if you get in a bad enough accident, you personal assets could be at stake.
  • Most companies don’t include coverages such as uninsured motorists property damage, and also uninsured or under insured motorists coverage. With a lot of drivers uninsured or under insured, this coverage is a must.
  • If you have a newer car and has a lien or lease on it and its needs comp and collision coverage, a computer can’t understand this.
  • An online quoting system might not know if towing and rental car reimbursement is something you should or shouldn’t have on your policy.
  • Most consumers don’t understand what some coverages mean and what it does. When a consumer doesn’t understand a coverage, they don’t buy it. This could be costly, because a consumer might need it.

I could continue on with many points, but in conclusion, a computer can’t think, and counsel you into the right policy. Only a human can. When it comes to insurance, every person is different in needs. Only an experienced  broker like us, can give you advice and steer you in the right direction. A computer can’t give you advice on how much coverage you should buy, if its ideal to carry a 1000 dollar deductible or a 500 dollar deductible. It can”t answer questions such as, what if I drive my friends car, will my policy follow me to that policy?

Please feel free to leave a comment. We can write insurance in 45 states.

Understanding An Indirect Loss On An Insurance Policy

When a loss occurs, and a claim is filed, the is more underneath the problem than first understood. That loss could be a pipe breaking in your house, a fire in the kitchen or any other type of occurrence. During this time all that is on the policyholders mind, is the loss at hand. But there is another loss creeping up on them, most of the time realizing it at the last second.  This is known as an indirect loss.

What is an indirect loss?

An indirect loss is a loss that occurs because of another loss.  It is an underlying loss that takes place because of a larger loss.   On a homeowners, loss of use of a home would be an indirect loss.    An example of this is, Johnny’s house catches on fire, because of the smoke, Johnny cannot stay in the house.  Johnny has to rent a hotel room because of the smoke in his home.  This is an indirect loss.

An example on an auto insurance policy is when Judy crashes her car and has to have it repaired.  She rents an auto to use while her car is being repaired because she doesn’t have a car to drive back and forth to work.   The expense of the rental car is an indirect loss.

An example of an indirect loss for a business is lack of business income.  Because of a loss, the business can no longer gain income and therefore profits are hurt.

In conclusion, an indirect loss comes from a bigger loss.

 

Ordinance And Law Coverage On A Home Owners Insurance Policy

home-insurance-homeowners-condo-insuranceHaving an older home or property, is almost sometimes like owning a beautiful antique. This could be your primary dwelling, seasonal property, rental condo or home. As newer homes are being built, your house keeps its individuality.  As we know, new code laws are either being updated or made to help try to improve, energy, safety, and other purposes. As a homeowner with your old house, this doesn’t effect you, because its most likely grand fathered in. Or Does it?

Most of the time it doesn’t effect the average homeowner. But when it comes to the possibility of a  insurance loss on your home or property, everyone can become vulnerable to new code laws. The chances are the older your home or structure, the less compliant they are with current codes. In the event of a total or partial loss of your property, for example due to a fire, when it is re-built it has to be compliant with all new county, city, city, state, federal and association codes.

This will cover you three ways:

  1. Loss to undamaged part of building or dwelling. (Example: The part of the undamaged building has to be demolished and rebuilt due to code.)
  2. Increased Demolition Cost: (Due to having to demolish and undamaged part of the building or dwelling)
  3. Increased Cost Of Construction. (Due to higher cost for compliance for new law codes)

Coverage is usually built in at, %10 of the structure/dwelling insurance amount. This can be increased with an endorsement or when a policy is started.

If you have any questions about your current policy, please contact us.

Feel free to leave a comment.

 

A Nice Homeowners Insurance Inventory Check List- Courtesy Colorado DORA Division Of Insurance

It is always good to take time and produce an inventory of your homes valuables and property. Here is a link to the Colorado Division of Insurance, courtesy inventory checklist. Please keep in mind that it is always a good idea, to store these documents externally. I would recommend Google Documents.

If you have any questions, feel free to contact us. We can write insurance in 45 states. Or Leave A Comment.

As A Landlord, Should I Require Tenant’s To Carry Renter’s Insurance?

Having an investment property can be a great return on investment. But on the contrary, you do have the management aspect. This can include maintenance, leases, insurance and etc. One of them being your insurance policy. In this blog were going to cover why your tenants should have renter’s insurance, or better known as a homeowners policy number 4.  If you want to know more about landlord insurance, please visit this link.

What Is Renters Or Tenants Insurance or Known As A Ho-4?

A HO-4 policy, also known as renter’s insurance, covers only the tenants interest. This includes the following coverage,

  • Personal Property
  • Medical Payments
  • Loss Of Use
  • Personal Liability
  • Other Coverages are available

So Why Should I As Landlord, Require  My Tenants to have Tenants Insurance?

To avoid any legal problems or losses from your tenant.  A Renters Policy has a personal liability built in.  If your renter were to encounter any legal problems or losses, she/he is covered.  Here are some examples of what could happen.

-A renter invites a guest over and they slip and fall on the premises.

-They could accidentally start a fire in the premises.

With renters insurance, any type of law suits, or premises losses are going to fall on their policy. If your renter does not have insurance, you as a landlord are going to have to use your own policy.  Requiring your renter to have insurance can avoid huge headaches in the event of a loss or legal problems. The last thing you need to deal with as a landlord is getting sued for one of your tenant’s actions. In additon if a loss does occur on your policy, chances are your premium is going to increase on next renewal.

How much personal liability coverage should your renter have?

All you should be worry about on your tenant’s policy is their personal liability.  I would recommend a $300,000 liability requirement and it costs the tenant $15.00 – $30.00 per year extra.  This for the most part will cover most law suits that a tenant could encounter.  This for the most part covers the average cost of a dwelling or condo if were to completely burn to the ground.  If you feel that this will not be sufficient, your renter could go with a $500,000 personal liability or higher.

How much does Renters Insurance cost my tenant? 

Depending on how much coverage the tenant decides to go with besides your liability requirements, it can run as low as $80 per year all the way up to $300.  A lot of this depends upon the renters credit, previous losses, and how much other coverage they decide to buy and etc.

How do I get Proof Insurance As A Landlord?

You should get a Certificate of Insurance or Coverage Confirmation from the company or agent writing the insurance policy. I would also recommend getting listed as an additional insured on the policy if possible. That way you are always getting notified on any major policy changes, but mostly if the policy is being cancelled for any reason. Just like the insured, you get a policy packet  in the mail with detailed coverages, and notifications just like the tenant would.

Please contact us with any questions or for any quote requests for both Landlords and Tenants.

What Type Of Insurance Policy Do I Need For A Rental Property?

Rental property’s can provide great residual incomes, and right now with the rental market in demand, a lot of people are putting their house’s up for rent or buying investment properties. Before you do this, your insurance policy must be written correctly, or else you could have some major gaps in coverage.

First of all lest highlight some of the most common types of properties.

  • Apartment Building
  • Condo
  • Dwelling

Apartment Building Insurance

This policy is designed for a building that houses multiple units, usually more than 3.  The policy includes building coverage, a general liability, business personal property coverage, loss of use, crime coverage and more.  This policy is strictly designed for apartments.

We usually write these policies through Travelers, Philadelphia or Middle Oak.

Landlord Condo Insurance

This policy is built for someone who owns a condominium and rents it out. It includes interior dwelling coverage, loss of rent, medical payments, and landlord liability. You can add things such as extended liability coverage, and loss assessment. This policy is usually written under Dwelling Fire Policy Form 8.

Landlord Dwelling Insurance

Investment houses are either written under a DP-1 or a DP-3. Or known as a dwelling fire policy. Most policies are written under a dp-3, because it gives you replacement cost coverage on the dwelling, which is better than the dp-1 actual cash value coverage on a dwelling. Always make sure you have the following coverages on your dwelling rental property.

  • replacement cost on dwelling(dp-3)
  • extended dwelling coverage, at least 120 percent
  • landlord business property(stove top, dishwasher, fridge, washer dryer, etc)
  • other structure coverage
  • loss of use, for at least 12 months
  • landlord liability
  • sewer back up
  • Ordinance & Code Coverage

If you have any questions or want a quote contact us.