Tag Archives: BOP Policy

Veteran’s Day: Respecting Our Military Families

Veteran’s Day can raise several emotions for different people,  pride, patriotism, and honor, are a few that come to mind; but for many families with loved ones deployed overseas, Veteran’s Day is a reminder of the fear and uncertainty of the safety of their sister, father, cousin, son, best friend, or significant other.  In America, we are fortunate to have a diverse population who celebrate this holiday in their own unique way.

Everyone at Insurance Town and Country wants you to thoughtfully experience Veteran’s Day this year.  Whether you make the time to speak with your loved ones based far …

Veteran’s Day can raise several emotions for different people,  pride, patriotism, and honor, are a few that come to mind; but for many families with loved ones deployed overseas, Veteran’s Day is a reminder of the fear and uncertainty of the safety of their sister, father, cousin, son, best friend, or significant other.  In America, we are fortunate to have a diverse population who celebrate this holiday in their own unique way.

Everyone at Insurance Town and Country wants you to thoughtfully experience Veteran’s Day this year.  Whether you make the time to speak with your loved ones based far away, volunteer or donate to veteran support group, or just spend time appreciating the beautiful parks, towering skyscrapers, and museums filled with art and history that American Veterans have risked their lives to provide unto you, please keep the brave men and women of our military in your thoughts today.

Thank you to all of the members of our armed forces for your service and valor.  We invite you to stop by either of our locations and tell us about American History… Tell us Your Story.

Forever in gratitude,

Joan, Jeremy, and the Insurance Town & Country Team

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

Insured for the Holidays: Fire Insurance

Every year we hear about fires that happen over the holidays.  Since it is the beginning of the holiday season with Halloween having just passed and Thanksgiving right around the corner, we need to discuss the importance of making sure that you completely thaw out your turkey before attempting to deep fry it.  The ice and cold water WILL REACT with the hot oil and can cause an explosion!

Fortunately, you don’t have to test this theory out.  Our friends at the City of Danville, Kentucky Fire Department have put together a video that shows just how a grease fire …

Every year we hear about fires that happen over the holidays.  Since it is the beginning of the holiday season with Halloween having just passed and Thanksgiving right around the corner, we need to discuss the importance of making sure that you completely thaw out your turkey before attempting to deep fry it.  The ice and cold water WILL REACT with the hot oil and can cause an explosion!

Fortunately, you don’t have to test this theory out.  Our friends at the City of Danville, Kentucky Fire Department have put together a video that shows just how a grease fire can occur when deep frying a turkey.  Please take the time to watch this video and then contact us about your homeowner’s policy and your fire insurance coverage by using the information provided below.  Please share this video with your friends and family as well.  If it could save a life, it’s worth sharing.

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

Stay Afloat with Flood Insurance

There has been some misinformation about who can qualify for flood insurance circulating and we would like to correct these rumors.  Anyone can get flood insurance.  It does not matter if you are inside or outside of the “flood plain.”  However, the cost of your insurance policy will be affected by your susceptibility to flooding.  So, if you are in the flood plain, you can expect your policy to cost more than if you lived outside of the flood plain.  There are two types of flood insurance coverage, “Building Property” and “Personal Property.”  We have listed the differences below.

Building …

There has been some misinformation about who can qualify for flood insurance circulating and we would like to correct these rumors.  Anyone can get flood insurance.  It does not matter if you are inside or outside of the “flood plain.”  However, the cost of your insurance policy will be affected by your susceptibility to flooding.  So, if you are in the flood plain, you can expect your policy to cost more than if you lived outside of the flood plain.  There are two types of flood insurance coverage, “Building Property” and “Personal Property.”  We have listed the differences below.

Building Property flood insurance coverage can be purchased to cover up to $250,000 in damage and insures the physical structure of your home or other buildings.  This policy covers repairs and replacements to:

  • The building and its foundation
  • Electrical and Plumbing Systems
  • Refrigerators, stoves, and built-in appliances
  • Permanently installed paneling, wallboard, cabinets, and bookcases
  • Permanently installed carpeting over an unfinished floor
  • Central air conditioning equipment, furnaces, and water heaters
  • Debris removal

The second type of flood insurance coverage is “Personal Property” coverage.  This kind of policy covers the cost of damage to belongings that are not related to the structure of your home or other building up to $100,000.  Items that fall into this category include:

  • Personal belongings such as clothing, furniture, and electronic equipment
  • Washers and dryers
  • Curtains
  • Portable window air conditioners
  • Portable microwave ovens
  • Carpets not included under building coverage

There are some items and costs not included in either of these flood insurance coverage types. These consist of:

  • Property and belongings outside of a building such as trees, plants, wells, walks, decks, etc.
  • Most self-propelled vehicles such as cars, boats, RVs, and 4‑wheelers
  • Currency, precious metals, and valuable papers
  • Living expenses such as temporary housing or food

If you are concerned about your home or possessions being damaged or destroyed by flooding, please contact us so that we can discuss your needs and get you a quality flood insurance policy that makes sense for your situation.

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

As we fall into Autumn, Start Preparing for Winter Insurance Needs

Many small businesses face drastic challenges as winter begins to rear its ugly head.  For mobile companies like food trucks and taxis, snow and ice create a much more hazardous work environment.  It’s also the beginning of cold and flu season, meaning that your employees could use a comprehensive health plan to keep them on their feet and in the office.

We understand that different kinds of businesses need different kinds of business insurance, which is exactly why we offer several customizable policies to fit the specifics of your operation.  Below is a listing of our different kinds of business …

Many small businesses face drastic challenges as winter begins to rear its ugly head.  For mobile companies like food trucks and taxis, snow and ice create a much more hazardous work environment.  It’s also the beginning of cold and flu season, meaning that your employees could use a comprehensive health plan to keep them on their feet and in the office.

We understand that different kinds of businesses need different kinds of business insurance, which is exactly why we offer several customizable policies to fit the specifics of your operation.  Below is a listing of our different kinds of business insurance policies and a short description of how it is intended to protect you and your business.  So if its Additional Property Liability to cover icy slip and falls or Inland Marine Insurance to make sure your transported inventory is covered, we’ve got a plan for you.

If it sounds like something that might benefit your company, click on the link to learn more and then shoot us an email at contact@insurancedenver.net or give us a call at 303–388-7216.  We’ll be happy to explain policies in more depth and  provide you with a free quote.

  • Commercial Umbrella Insurance
    • Provides additional coverage for your business for a variety of situations including accidental injuries, libel, slander, or invasion of privacy, company vehicle accidents, and more.
  • Inland Marine Insurance
    • Protects your mobile equipment and tools while not on your premises from theft and damage, including during transportation or at a different location.
  • Business Owners Policy (BOP)
    • Combines various coverage options into one convenient package for more benefits than a typical business insurance policy and better savings through competitive pricing.
  • Commercial Auto Insurance
    • Provides a diverse and extensive set of policies to protect the mobile parts of your business, including their cargo.
  • Commercial General Liability
    • Prevents major financial losses if your business is sued or held legally responsible in the event of bodily injury or property damage.
  • Commercial Property Insurance
    • Protects your Building and Business Personal Property.
  • Workers Compensation
    • Covers the expenses that originate from an employee being injured on the job, including medical expenses/treatment and the replacement of lost wages from injury time off.
  • Crime Insurance
    • Protects your business against crime and employee dishonesty.

The Importance of Additional Commercial Liability Insurance

You may have Commercial General Liability Insurance, but is it the right insurance? Is it enough?

Keeping your business protected is a constant battle in today’s vicious lawsuit happy culture. Your current Commercial General Liability Insurance probably protects your business when incidents happen as a direct result of your regular operations. However, there are many situations that may require additional commercial liability policies. This article will cover three of the additional commercial liability policies most frequently needed by small businesses.

Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving…

You may have Commercial General Liability Insurance, but is it the right insurance? Is it enough?

Keeping your business protected is a constant battle in today’s vicious lawsuit happy culture. Your current Commercial General Liability Insurance probably protects your business when incidents happen as a direct result of your regular operations. However, there are many situations that may require additional commercial liability policies. This article will cover three of the additional commercial liability policies most frequently needed by small businesses.

  • Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving liquor. This kind of liability coverage is traditionally associated with bars, restaurants, and nightclubs, but legal responsibility extends to many businesses outside of those industries. If your company holds a celebration at which liquor is served, your company may be held liable for damages incurred at the party, as well as if an individual is overserved and causes a car accident as a result of intoxicated driving.
  • Concession Liability insures your special event stand, booth, or display from damage, accidents, or accidental injuries sustained to pedestrians. If your company participates tradeshows, local festivals, or any other special event, you should consider investing in concession liability insurance. Without this type of policy addition, your company could be responsible for paying medical bills and covering the cost of property damage to others and yourself in the event that your company’s event stand causes or incurs damages or injury.
  • Foreign Liability protects your company’s employees in the event of injury, damages, and lawsuits during out-of-country business trips. If your company requires international travel of any kind, its employees may not be familiar with the laws, customs, and even design of foreign countries, possibly increasing the likelihood of an incident. It is important to ensure that your commercial liability policy coverage extends to protect your employees and assets in the event that something happens, such as an employee injuring themselves and damaging a company laptop by plugging in the American charger into a British electrical plug.

It is important to remember that there are several more types of liability coverages, so it’s important to speak directly with an Insurance Town and Country Commercial Insurance Specialist about the specific needs of your business. If you are concerned that there may be gaps in your company’s liability coverage, give us a call at 303–388-7216, shoot us an email at contact@insurancedenver.net, or request a quote online. Let our Commercial Insurance Specialists work with you to find the policies that your business needs.

Do I Really Need Pet Insurance?

Many of our clients have furry, four-legged, family members and ask us, “how important is pet insurance?”  We like to think that it is very important.  We love our pets and don’t want to think about how a vet bill could be a determining factor over whether we have to say goodbye to a beloved friend, however without pet insurance that is often the case.  To illustrate the necessity of our affordable pet insurance policies, let us tell you a true story of one family’s experience of an emergency veterinarian visit without pet insurance.

One morning, a teenage girl woke …

Many of our clients have furry, four-legged, family members and ask us, “how important is pet insurance?”  We like to think that it is very important.  We love our pets and don’t want to think about how a vet bill could be a determining factor over whether we have to say goodbye to a beloved friend, however without pet insurance that is often the case.  To illustrate the necessity of our affordable pet insurance policies, let us tell you a true story of one family’s experience of an emergency veterinarian visit without pet insurance.

One morning, a teenage girl woke up to her pet rabbit having seizures.  The family rushed the rabbit to a local vet that treats rabbits.  The vet admits the rabbit, but discusses with the girl’s father that they may need to do some blood work and takes some x‑rays, which without insurance could cost more than he is willing to spend on the family pet.  The father, talks with his daughter and tells her that he will spend the money if she thinks that is the right thing to do.  The daughter, who is in her young teens, says that she understands the tests will cost a lot of money, but she has had the rabbit for almost 10 years and wants to know that they did everything that they could to help him.  The father agrees to the tests and pays for the blood work, x‑rays, and boarding.  Eventually, the family learns that the pet rabbit’s kidneys are failing and he will pass in a number of days.  The family took home their loving pet and enjoyed his company for one more night, before returning to the vet to say goodbye.  All in all, the whole event ended up costing more than $2000 and still ended with a sad farewell.

We are sharing this not because we want to sadden you or scare you, but because this is a real story that happened to real people.  Fortunately, the family was able to pay these kinds of expenses, but many families are not.  We want to help make the decision easier on you, so that the only words you have to say to your veterinarian are, “Do whatever you can to make my pet better.”

We offer varying levels of affordable Pet Insurance through the ASPCA.  All you have to do is call 1–877-343‑5314 if you have any questions or would like to request a quote over the phone.  Make use you use our Agency Priority Code: FLD330, so that the ASPCA knows that you are working through a 3rd party agency.  This will allow us to add the Pet Insurance to your existing policy and provide you with our negotiated agency rate.

If you have any questions about how this will tie-in to your other insurance policies or if you would like to inquire about your existing policies or adding a new policy, please contact us at either location listed below.

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

Business Owners Policy: Your Team’s Star Player!

Any business owner will tell you that keeping all of the accounts in order can be a hassle that takes valuable time away from focusing on serving the customer.  A Business Owners Policy (BOP) helps lasso your company’s insurance policies into a convenient package.  A BOP can also help save your company money, much like when you bundle your personal home and auto insurance.  With a Business Owners Policy, your company can bundle Commercial Property Insurance, Commercial General Liability Insurance, and Crime Insurance into a single BOP, your company can even include additional coverage options based on your …

Any business owner will tell you that keeping all of the accounts in order can be a hassle that takes valuable time away from focusing on serving the customer.  A Business Owners Policy (BOP) helps lasso your company’s insurance policies into a convenient package.  A BOP can also help save your company money, much like when you bundle your personal home and auto insurance.  With a Business Owners Policy, your company can bundle Commercial Property Insurance, Commercial General Liability Insurance, and Crime Insurance into a single BOP, your company can even include additional coverage options based on your specific situation.  Some additional coverages include:

  • Products and Completed Operations
  • Premises Liability
  • Premises Medical
  • Fire Legal Liability
  • Business Income Insurance
  • Building and Personal Property Protection
  • On-Site Equipment Insurance
  • Coverage for Inventory Loss

While a great product for many companies, Business Owners Policies are not optimal or available for every business.  If your company does not currently have a BOP, or you suspect that you may be paying too much for Business Insurance, let our Insurance Specialists put your mind at ease. Contact us at the information below so that we provide you with an accurate quote for your company’s specific needs.

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

We Do More than Just Insurance, We’re a Notary!

While our primary business is selling insurance policies to individuals and businesses, we also offer notary services.  Below we have explained some of the basic notary duties that you may need from us.

Acknowledgment

When moving around in life, whether you are conducting personal or business, business, a notary may be required to formally declare or “acknowledge” that the signer of a document, often a contract, will, agreement to power of attorney, deeds, etc. has executed the signing of the document according to the following three requirements:

1) The signer understands the contents and purpose of the documents;
2) The …

While our primary business is selling insurance policies to individuals and businesses, we also offer notary services.  Below we have explained some of the basic notary duties that you may need from us.

Acknowledgment

When moving around in life, whether you are conducting personal or business, business, a notary may be required to formally declare or “acknowledge” that the signer of a document, often a contract, will, agreement to power of attorney, deeds, etc. has executed the signing of the document according to the following three requirements:

1) The signer understands the contents and purpose of the documents;
2) The signature belongs to the signer
3) The document was signed willingly and without coercion.

Oaths/Affirmations
Oaths and Affirmations must be signed in the presence of the notary.  Documents that require Oaths or Affirmations are written affidavits and applications, the legal purpose is for the signer to swear under penalty of perjury that the contents of the documents are true.  Oaths and Affirmations hold the same legal purpose, but differ slightly; an Oath invokes a supreme being into the “promise” that a document’s contents are true, while an affirmation does not invoke a supreme being

Signature Witnessing:
There are times when a notary is asked to simply be a witness during the signing of an agreement or document when no acknowledgement, oath, or affirmation is required.  The notary will establish the identity of the signer, much like with the previous notarial duties, then the notary will witness the signer sign the documents and complete his/her notarial certificate.  Signature Witnessing does not require a verbal ceremony like the previous duties.

Copy Certification:
Some states, Colorado included, allow for a notary to certify that the replication of a document.  In these cases, the document being copied must be an original.  The notary can make the copy him/herself or witness the copy being made, then he/she signs and seals the notarial certificate, and attaches it to the copy for authenticity.

Notaries are NOT allowed to certify copies of documents whose originals are “vital or public record.” Examples would include birth certificates, death certificates, and marriage certificates.  The originals of these kinds of documents are housed in government facilities and only the government entity that holds the original public or vital record is allowed to produce copies.

Notary Requirements:
1) The document signer must be physically present before the notary.
2) The signer must be personally known to the notary or must produce satisfactory evidence of identification. (A driver’s license, state issued ID, or Passport is acceptable)
3) The notary must be present with the original document.
4) The document presented to the notary must be complete.
5) The document date must be the same date or earlier than the day of the notarization, but never later.
6) The document must display notarial language that clearly indicates the desired notarial act.
7) The notary must feel assured that the signer comprehends the underlying transaction and is proceeding willingly.
8) The notary must/should complete a recordbook entry.
9) The verbal ceremony must be performed. (when required)
10) A completed notarial certificate is required.

If you have any questions about our notary services, the notarial requirements, or our notarizing fees, please contact us at either of our locations listed below.  If you need a document notarized, we are more than happy to help!

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

What is Inland Marine Insurance and Why Does My Business Need It?

Commercial Inland Marine Insurance is a special business insurance policy that provides additional coverage to your assets when they are not located at your physical business.  This coverage extends to tools, equipment, and products that are lost, stolen, damaged, or destroyed at a construction site, in storage, or during transportation.

Let’s say that you have to deliver your products to a client and your delivery vehicle is involved in an accident.  Your Commercial Auto Insurance Policy would help cover the damage to the vehicle and employees, your Worker’s Compensation Insurance would help the injured employees pay their bills while they …

Commercial Inland Marine Insurance is a special business insurance policy that provides additional coverage to your assets when they are not located at your physical business.  This coverage extends to tools, equipment, and products that are lost, stolen, damaged, or destroyed at a construction site, in storage, or during transportation.

Let’s say that you have to deliver your products to a client and your delivery vehicle is involved in an accident.  Your Commercial Auto Insurance Policy would help cover the damage to the vehicle and employees, your Worker’s Compensation Insurance would help the injured employees pay their bills while they get back on their feet, but what pays for the damaged product?  If you have a Business Owner’s Policy (BOP), your damaged goods may be covered; however, depending on your policy, your Commercial Property Insurance may not extend to inventory once it leaves your physical location.  Instead, your company’s claim would fall under Inland Marine Insurance coverage.

If your company has valuable assets that are often off-site or in-route to other locations, Inland Marine Insurance may be more than just a policy addition, it might be a policy necessity. Give us a call to review your policy and fill any gaps that may exist in the coverage that you need.  Feel free to contact us at either of our locations:

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net

Back to School: College Insurance Needs

If you’re a parent who just dropped off their son or daughter for his or her first year of college, you may be curious to know what protections your existing policies provide and what you (or they) may need to add. Fortunately, we have a few quick tips that will help; however, we do encourage you to contact us with the specifics of your unique situation, so that we can give you the most accurate information.

Let’s begin by retracing your steps from home to the campus; did your child drive? More specifically, did your son or daughter bring a …

If you’re a parent who just dropped off their son or daughter for his or her first year of college, you may be curious to know what protections your existing policies provide and what you (or they) may need to add. Fortunately, we have a few quick tips that will help; however, we do encourage you to contact us with the specifics of your unique situation, so that we can give you the most accurate information.

Let’s begin by retracing your steps from home to the campus; did your child drive? More specifically, did your son or daughter bring a vehicle to school? If not, then he or she will probably not be driving the vehicle and you will want to let your agent know they are away at school without a vehicle, to save yourself some money. However, if the student does have a vehicle, you need to inform the insurance agent of the new address. This is not only to remain up-to-date, but it could affect the insurance rate. Some areas are considered more or less risky than others, so if your child is attending a school in a less-populated or lower-risk area you could be looking at reducing your insurance cost; consequently, the opposite is true as well.

Once at school, you may be interested to know if your homeowner’s policy will cover lost or stolen items from your son or daughter’s at-school housing. Coverage is most likely to extend to the student if he or she lives in campus housing. This can include dorms, on-campus apartments, and even some off-campus housing, so long as the housing is owned by the college. If the student lives in a non-college-owned rental, such as an apartment, townhome, or house, some coverage may extend, but the need for an additional renter’s insurance policy might be needed.

There are limitations to the coverage, beginning with the ISO form HO 00 03’s definition of “insured” as it related to family members attending school, it reads:

A student  enrolled in school full time, as defined by the school, who was a resident of your household before moving out to attend school, provided the student is under the age of

        24 and your relative; or

        21 and in your care or the care of” the residents of your household who are relatives.

Regardless, it is best to contact your insurance agent and explain the changes, so that you know that your son or daughter is protected.

Give us a call to confirm, change, or expand your insurance policy as it relates to your college-bound son or daughter. If you have any questions, we’re happy to put your mind at ease, letting go is difficult, this way you know that we have their back in case anything gets lost, stolen, or someone is injured on their property. Feel free to contact us at either of our locations:

Denver Office                                                             Castle Rock Office
1735 E. 17th Ave. #3                                                    513 Wilcox St. #200
Denver, CO 80218                                                      Castle Rock, CO 80104
Phone:
303–388-7216                                                 Phone: 303–688-1251
Email:
contact@insurancedenver.net                        Email: contact@insurancedenver.net