Tag Archives: Insurance Quote Castle Rock

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

Personal Umbrella Liability Insurance: Keeping You Dry

In the case of a catastrophic financial event, Personal Umbrella Liability Insurance could be the best line of defense you’ll ever have.

Sometimes in life things just go wrong. Let’s say that you get into a terrible car accident, you’re hurt, the other person is hurt, and on top of that, they decide to sue you. Your basic insurance policy might not cover all of the damages, the medical expenses, and the legal costs. That’s where personal umbrella liability insurance becomes important.

A personal umbrella liability insurance is a customized additional policy that extends the protection of your basic insurance …

In the case of a catastrophic financial event, Personal Umbrella Liability Insurance could be the best line of defense you’ll ever have.

Sometimes in life things just go wrong. Let’s say that you get into a terrible car accident, you’re hurt, the other person is hurt, and on top of that, they decide to sue you. Your basic insurance policy might not cover all of the damages, the medical expenses, and the legal costs. That’s where personal umbrella liability insurance becomes important.

A personal umbrella liability insurance is a customized additional policy that extends the protection of your basic insurance policies to help when a true financial crisis arises. Additionally, it may cover situations that aren’t covered at all by your basic insurance policy. Umbrella policies are meant to be flexible and match your lifestyle. You may need much more protection, depending on where you live, what you do for work, the size of your family, your hobbies, and the vehicles you drive, whether they are automobiles, boats, ATVs, or an RV. However, your current insurance policy may already provide a comfortable amount of coverage.

We at Insurance Town and Country make it our mission to see that our clients and their families are provided with ample protection at an affordable rate. If you have recently experienced a change in lifestyle or just want to make sure that there aren’t gaps in your insurance coverage, give us a call at 303-388-7216, shoot us an email at contact@insurancedenver.net, or request a quote online.

Identity Theft & Fraud are Lurking Behind Every Corner

As we mentioned in a blog post earlier this year, which you can read here, Colorado is ranked among the highest states for identity theft and fraud.  We also showed that anyone can be a victim of identity theft, even children, sometimes especially children; this is due to the fact that a child has a clean history, a thief can start to build credit and in a few years that social security number is ripe and ready to use to apply for some big loans.

The fact that over the past 14 years, the likelihood of becoming a victim …

As we mentioned in a blog post earlier this year, which you can read here, Colorado is ranked among the highest states for identity theft and fraud.  We also showed that anyone can be a victim of identity theft, even children, sometimes especially children; this is due to the fact that a child has a clean history, a thief can start to build credit and in a few years that social security number is ripe and ready to use to apply for some big loans.

The fact that over the past 14 years, the likelihood of becoming a victim of these kinds of crimes has increased over 800% is terrifying enough.  However, 2015 has become a year of massive online hacking events that have endangered the financial welfare of millions of people worldwide; The New York Times has reported that recently the IRS has admitted that over 300,000 U.S. Residents had their tax return information divulged to hackers (See Here), Blue Cross Blue Shield is reported to have had the information of more than 80 million current and former members stolen (Story Here), and the current news story about the infamous Ashley Madison dating service website had more than 37 million users personal information and credit card numbers stolen and much of this stolen information is being dumped onto the internet for anybody with a smartphone in Starbucks to see (Read More Here).

It is easy to joke about the last example by saying that it is “cheaters getting what they deserve,” however, what if it had happened to a different group of online consumers? What if instead of Ashley Madison, the hacker group had targeted Match.com, Amazon, or PayPal?  Do you have any personal information invested into these or any other websites?  Identity Theft and Fraud are very serious issues and the fastest growing white collar crime in America.  Identity Theft and Fraud protection are no longer a luxury, they are a necessity.  Without insurance, you may be on the hook for thousands of dollars in fraudulent charges on your credit card, loans taken out in your name, and the court costs that come with fighting these kinds of accusations.

We encourage everyone to do the research and give us a call to learn more about what options are available to you to get protection BEFORE your identity, your life, is stolen from you.  Make the time ASAP and 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

Health Insurance: Learn Your Options

We at Insurance Town and Country offer a variety of health insurance options for individuals, families, and businesses.  This blog will be focusing on our private health insurance options, but you can find more about our group health insurance plans by clicking HERE.

There are several categories of health insurance plans and at Insurance Town and Country, we divide them into four general groups: copay plans, coinsurance plans, deductible plans, and health savings plans; and are explained below. The amounts charged for services under the following plans can vary depending on whether the insured uses a health care provider …

We at Insurance Town and Country offer a variety of health insurance options for individuals, families, and businesses.  This blog will be focusing on our private health insurance options, but you can find more about our group health insurance plans by clicking HERE.

There are several categories of health insurance plans and at Insurance Town and Country, we divide them into four general groups: copay plans, coinsurance plans, deductible plans, and health savings plans; and are explained below. The amounts charged for services under the following plans can vary depending on whether the insured uses a health care provider who is designated by the insurer to provide services (network or participating provider) and one who is “outside the network.”

Copay Plans The copay is the amount of money the insured must pay out of pocket for a particular visit or service. The insurance plan covers the remainder of the expense.

Coinsurance Plans In these plans, the insured pays a certain percentage (usually 20% or 30%) of the total cost of medical care. A coinsurance plan may or may not be combined with a copay provision.

Deductible Plans – Deductible health insurance plans pay for 100% of medical expenses after the insured has met the deductible. These plans often cover preventative care services even before the deductible has been reached. A wide range of deductibles are available, depending on whether the coverage is for an individual or family.

Health Savings Plans Health Savings Plans (HSA) are high-deductible plans that feature a tax-favored medical savings accounts. Participants qualify for a tax deduction on the money they deposit in the account. Preventive care is normally included in these plans without having to reach the deductible first.

If you have any questions about your health insurance options or what plan type makes sense for you and your family, please 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

Professional Liability Insurance: More than Malpractice

If asked to explain Professional Liability Insurance, you probably call to mind an image of a doctor making a mistake in surgery or a bookkeeper embezzling from a company, but these cases make up a very small portion of the Professional Liability claims that we process at Insurance Town and Country.  Many claims come from minor mistakes that occur when the obligations of a business get lost in the shuffle.

One example is if your company incorrectly files a customer’s information, in turn, failing to properly serve them.  Another example may be that an employee at an auto shop accidently …

If asked to explain Professional Liability Insurance, you probably call to mind an image of a doctor making a mistake in surgery or a bookkeeper embezzling from a company, but these cases make up a very small portion of the Professional Liability claims that we process at Insurance Town and Country.  Many claims come from minor mistakes that occur when the obligations of a business get lost in the shuffle.

One example is if your company incorrectly files a customer’s information, in turn, failing to properly serve them.  Another example may be that an employee at an auto shop accidently uses the wrong oil in a car resulting in damage.  Professional Liability Insurance insures your business against the damages and legal costs that result from claims of negligence.

To better describe how Professional Liability Insurance protects your business, we have split it into four areas of coverage that protect against different types of negligible actions.  Each group is explained below:

Errors and Omissions Liability (E & O) — E & O covers mistakes made by employees who work on behalf of your business, if your business charges fees for your services, E & O may include coverage for errors such as failure to perform or violations of contract. Depending on your industry, your insurance needs will vary.

Directors and Officers Liability (D & O) — D & O provides financial protection for your business’s Directors and Officers that may prevent loss in the event that they are held liable from actions related to their corporate positions. This can include issues arising from conflicts of interest, mismanagement of company assets, violation of laws, etc..

Fiduciary Liability — Fiduciary covers claims that involve the violation of the Employee Retirement Income Security Act, or ERISA. If a manager, for example, violates the financial obligations of ERISA, having the right coverage can protect your company if held liable in situations from imprudent investments to failure to enroll employees.

Employment Practices Liability — With proper insurance, your business can be protected if a worker claims that his or her rights have been violated. This can include violations from sexual harassment and discrimination to violations of the Americans with Disabilities Act (ADA), mismanagement of employee benefit plans, and wrongful termination.

Now, you may understand why Professional Liability Insurance is important for any business with multiple employees.  If you still have any questions about Professional Liability or any other business insurance policies, please contact us at either of our locations.  We are more than happy to provide answers to any of your insurance questions and recommend some policy options for your business.

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