Why personal condo insurance is so important

The team here at Advantage Service Insurance is proud to serve all of the insurance needs of our friends and neighbors in the greater Erie, CO area. If you consider purchasing a condo in our area, be sure to review all of your insurance options!

Why the right condo insurance policy is so important

When it comes to condo insurance, it makes sense to take the time necessary to find the policy that’s right for you. Condo insurance needs can vary from building to building, but you will always need your policy.

Yes, the condo board or association will carry a robust insurance policy to protect the building structure and any common areas. This policy, however, will not provide any coverage when it comes to damage or loss within your unit. Because of this, you will want to review the available policy options and choose one that is right for your specific needs.

Condo ownership can be different from homeownership, but that doesn’t mean that condo dwellers don’t also need proper insurance protection. If you are looking to buy a condo, you are likely attracted to the low-maintenance lifestyle that such a dwelling can provide. When you have the right condo policy in place, you can enjoy the easy living that comes with knowing you have the protection you need!

Find out more about condo insurance today!

Advantage Service Insurance is here for the Erie, CO community. If you would like to learn more about the condo insurance policy options available in our area, give us a call today! Our team is here to answer all of your questions and help you find the policy that is right for your needs.

Why basic auto insurance may not be the right choice

Driving without auto insurance is never a good idea and it is against the law in Colorado. Ensuring you have the mandated coverage is easier if you have the right insurance agents. At Advantage Service Insurance in Erie, CO, we have access to multiple carriers, which gives our customers more choices. We will make you confident that you are getting what you need at the right price.  

Why basic auto insurance may not be the right choice

While basic auto insurance may be right for some people, it isn’t right for most. If you have a car loan, it will not be the right choice. You must protect the vehicle. That requires comprehensive and collision coverage. Your lender will make you have that. 

If you have a considerable amount of assets, it is a good idea to have more than basic liability coverage. You do not want to put your assets at risk by not having enough coverage to pay for a judgment or legal expenses. If your insurance coverage isn’t adequate, your assets may have to be liquidated to pay what you owe. 

If like most people, you use your vehicle every day to do all the things you need to do such as going to work and running errands, then it is important that you have the coverage you need to replace or repair your vehicle if it is stolen or damaged. Comprehensive and collision coverage protects your vehicle and makes it possible to keep your life as usual. 

Contact Advantage Service Insurance in Erie, CO with your auto insurance questions and requirements. 

When Will I Need Commercial Insurance?

Business owners in the Erie, CO area should be prepared for anything. The team at Advantage Service Insurance is here to help business owners ensure that they are running their business compliantly, while also covering all the bases to properly protect themselves and their employees. 

While many scenarios may never play out, commercial insurance is essential to protecting the welfare of your business and for your own financial protection, too. There are so many instances where having commercial insurance will save you money, headaches, and tons of wasted time. 

When Does Commercial Insurance Come in Handy?

1. If your property is vandalized or items are stolen 

2. If your property or building is damaged in a bad weather incident and requires repairs or inventory replacement

3. If you have a lawsuit filed against you by a disgruntled customer 

While these are three of the most impactful ways commercial insurance can help your business, there are plenty more. 

The peace of mind you’ll gain by investing in a quality commercial insurance policy is invaluable. Just knowing that you are covered financially, in any event, is a great relief for many business owners. 

If you are just starting out and building a business from the ground up, make sure commercial insurance is high on your shopping list. The team at Advantage Service Insurance has plenty of agents who are well versed in commercial insurance and can help provide you with the best policy for your personal and professional needs. 

We’re serving the Erie, CO area and are happy to help you in any way we can. Our agents have years of experience working with businesses of all sizes and can get you the policy you’re looking for. 

The Powers of Your Commercial Insurance: How It Protects You

Protecting your business requires finding a business insurance plan that provides you with the high level of coverage that you need. At Advantage Service Insurance, we can provide Erie, CO companies with policies that take care of many different elements of your needs. 

General Liability 

Your business needs liability protection from various types of dangerous situations, such as individuals getting hurt on your premises or by your products and services. 

Professional Liability 

Extends your liability beyond the basic guidelines and extends it to your customers, ensuring that they are fully protected when they work directly with you. 

Property Protection 

If your facility gets damaged by anything (such as fires or floods), your property protection coverage should ensure that you get the financial help that you need. 

Business Owner Help 

Do you own your business or work for yourself out of your home? This protection should help to minimize your financial loss if anything impacts your operation. 

Major Catastrophe Coverage 

When your business closes down due to a catastrophe, you may need financial help to stay solvent. For example, you can use your insurance to pay your employees and avoid a walkout from your employees.

Business Interruption Help 

Have you ever had to close your business due to repairs or disasters and lost a lot of cash? This type of coverage will keep you solvent by paying your bills and keeping you operational.

Help is Available for Your Company

If you are concerned about your business operation and aren’t sure what kind of policy will work the best, please contact us at Advantage Service Insurance right away to learn more. We service Erie, CO and can provide the kind of insurance that you need to stay open and safe from problems.

Is Home Insurance Required in Colorado?

Whether you’re a first-time homeowner or a seasoned veteran, home insurance in Erie, CO is the best way to protect your life’s most valuable investment. The experts at Advantage Service Insurance are here to help if you need questions answered about the right home insurance policy for you. 

While there is no state law or mandate that requires Colorado homeowners to maintain a home insurance policy, most lenders do require it as part of the terms of the loan. If you have a mortgage and worked with a lender to secure a loan to purchase your home, they most likely require insurance. 

More than that, home insurance is one of the biggest common sense investments you can make as a homeowner. You pinched pennies and worked so hard to build savings for the down payment on the home of your dreams. Why wouldn’t you ensure that your investment is properly protected from anything that could happen?

The financial aspect of home insurance alone is reason enough to maintain a policy. Homeowner’s insurance coverage can save you from financial hardship or ruin in the event that your personal property is stolen, your home is damaged in a natural disaster or dangerous weather. 

We get our fair share of weather here in Erie, CO and investing in an insurance policy with substantial coverage to protect the home where your family lives is a no-brainer. Contact Advantage Service Insurance for guidance in selecting the plan that’s best for you. Our team of agents are well experienced in guiding families through the process with ease and providing the peace of mind that their personal belongings, property, and family are all safe when they do business with us. 

4 Reasons You Should Invest in Classic Car Insurance

Owning a classic car brings a sense of pride, joy, and memories. But whether you are purchasing your first classic car or you are a seasoned classic collector, you must invest in classic car insurance to protect your investment. 

But are you among those people that think classic car insurance is a waste of money? If yes, consider these reasons and invest in classic car insurance from Advantage Service Insurance in Erie, CO.

To protect the value of your car

If your standard car is totaled today, your insurer will compensate you with the actual cash value of your vehicle, which is usually the replacement cost minus the depreciation. However, when you purchase classic car insurance, you pre-agree with the insurer the value they will compensate you if your car is totaled or stolen. 

To protect you against liabilities

If you are at fault for an auto accident, liability claims can be costly. You could face bodily injury and property damage claims that can be expensive. Worse yet, if you are sued, the claims are likely to put your assets at stake. 

Luckily, you don’t have to worry too much about third-party liabilities if you have classic car insurance.

To bail you out in emergencies

If your collector’s car stalls miles away from home, classic car insurance provides flatbed towing and services like gas delivery, puncture repair, and battery jump-start — all these to ensure you aren’t stranded when your ride misbehaves.

It’s affordable

If you think investing in classic car insurance is a costly affair, you’re mistaken. Since you don’t drive your car every day, the risks are minimal compared to your standard vehicle. As such, classic car insurance is significantly lower than typical car insurance, helping you protect your prized investment at a considerable cost.

Are you looking for classic car insurance in Erie, CO? Don’t look beyond Advantage Service Insurance. Our personalized coverage lets you live in the past as we protect your vehicle for the future. 

What Erie, CO vacationers should consider when buying motorhome insurance

A motorhome offers freedom to explore the open road. A personalized insurance plan keeps you rolling along.

Motorhome and RV insurance can vary greatly. You’ll want a policy that best meets your needs.

Advantage Service Insurance can help. Serving Erie, CO, their trained professionals encourage you to consider three factors before buying a policy.

Damage protection

Accidents happen. If it does, collision insurance has you covered. Most policies include this, no matter who’s at fault. But, consider comprehensive coverage also. This safeguards against any damage that’s not the result of a collision, including national disasters and falling objects. Liability coverage alone isn’t typically enough. Ask your agent for a list of what’s protected. 

Personal protection

Motorhome insurance isn’t just about guarding your ride. It also extends protection to the people inside. Liability shields against any bodily injuries suffered by you or others during an accident in which you are determined to be at fault. Medical policies go even further, paying for healthcare expenses if someone is hurt. Both of these types may be required by law, so choose a policy that has the appropriate coverage. For additional assurance, select a personal property plan. This protects your belongings if they are stolen, damaged, or destroyed while in your motorhome.

Roadside assistance

Unfortunately, more time on the road means an increased chance of a breakdown. Not only is getting stranded stressful but towing can be costly too. Roadside assistance is a helpful option, especially on long road trips. Most coverage plans will also provide locksmith services or even help fix a flat.

Contact an agent serving Erie, CO

Although this covers the basics, there will be other factors you’ll want to consider. Advantage Service Insurance will assess your needs, give advice, and create a plan to keep you and your family on the road.

Colorado RV Insurance: How to Avoid a Breakdown on the Road

When you get an RV in Colorado, you do so with the thrill of adventure and exciting journeys on your mind. You also probably worry about the many potential problems along the way. Of course Colorado RV insurance will help alleviate some of those worries. That may not always help you when you have a breakdown on the road.

At Advantage Service Insurance, we want Erie, CO to be ready for every potential concern. Before you hit the road, make sure you take the steps to avoid a breakdown and potential collision.

Check Your Tires

Your tires are one of the first things you should check when you are heading out for a long journey. RV tires especially are more susceptible to problems such as rotting or cracks. This is because they sit unused for long months at a time.

Get your tires checked by a professional RV mechanic before you go on the road and take care of that potential danger early.

Check Your Batteries

Batteries are an important thing to check when you are going anywhere for an extended journey. When your RV has been unused and resting for months, have the battery tested before it’s too late. Unused batteries can easily get sulfated and not get you any further than the parking lot down the street. 

Get your batteries charged and tested before you go for your trip.

Have Your Cooling System Checked

Your cooling system is going to do a little extra work when you are traveling in the summer months. The last thing you want is a breakdown in the mountains or the desert, and you wind up with a problem that lasts for weeks. RVing is fun until that happens. 

Get your cooling system checked, and you won’t have this worry on your mind.

Get Roadside Assistance

Before you go on your trip, consider adding Roadside Assistance and special towing add-ons and riders to your RV insurance policy in Colorado. At Advantage Service Insurance, we want Erie, CO residents to be prepared for every potential problem. Call us for a quote to update your policy today.

Most Common Motorcycle Insurance Claims in Colorado

When you have been in motorcycle accident in Erie, CO, your motorcycle insurance will protect you from financial losses if you have the right coverage. In Colorado, you need liability insurance for bodily injury to other parties in an accident, and you will also need some property damage coverage.

At Advantage Service Insurance, we know that motorcycle riders in Colorado might need more coverage because motorcycle accidents are disastrous and change lives. We know what the most common claims are, and what you need coverage for.

Left Turn Crashes

A left turn crash is among the most common motorcycle accidents in Colorado. This may be because another driver did not check their timing, or it may be that you weren’t looking when you turned.

This crash will cause damage to your property and also potentially some bodily injury damages. These might be minor claims, or they could be life-altering.

Lane Switching

Lane switching is something we all learn when we are learning to drive, but a motorcycle that does so at the wrong time could wind up in a tragic accident. 

Worse, a car that does so at the wrong time could result in a motorcycle accident. We see it all the time, as motorcyclists are often obstructed from the view of the oncoming vehicle.

Even if you are not at-fault in this accident, you will still be making property and medical claims through your motorcycle insurance.

Head-On Collisions

Head-on collisions with a motorcycle are often fatal, and miracles when they aren’t. This will lead to wrongful death claims, property damage claims, and medical expenses. Many studies show that it is often the driver of a vehicle that causes these crashes over the motorcycle rider.

Colorado is an at-fault state but follows modified comparative negligence rules on the road, and that means that you may still be partially responsible for some costs of these accidents. 

Get a Quote

These are only a few of the most common problems on Erie, CO roads for motorcycle riders today. Call Advantage Service Insurance for a quote today, so that you are covered for every possible motorcycle insurance claim.

An In-Depth Look At Boat Insurance

Advantage Service Insurance serves the Erie, CO community, as well as the surrounding areas. We are an independent insurance agency. Our independent status allows us to work with multiple carriers throughout Colorado in order to help our clients. We strive to make sure that our clients find the coverage they need to live comfortably.

Boat Insurance Overview

Erie, CO is home to many waterways and fun water activities, especially during the Summer. If you are one of the many water enthusiasts in the area, boat insurance can help you stay safe. The policy covers you if your boat collides with another object or injures someone. If you are held responsible for the accident, liability coverage will protect you.

Boat insurance covers multiple types of boats, including yachts, sailboats, jet boats, and watercraft. If you opt for full coverage, your boat will be covered if it is vandalized or damaged due to severe weather. All of your accessories on the boat are covered if they are stolen or suffer damage. However, if you have luxury accessories on your boat, you’ll need extra coverage to fully protect those items if something goes wrong. Consider taking inventory of your boat accessories so that you’ll be aware of their true value. You can also add mechanical breakdown coverage to your policy. This helps cover your boat’s repairs if it suffers engine failure.

While researching coverage, be aware of your policy’s navigational limits. Your policy will outline the designated areas where you are allowed to operate your boat and maintain full coverage. If you go outside the navigational area, you are not protected if something happens. During months when you aren’t using your boat, layup coverage protects it if a disaster occurs.

Advantage Service Insurance Will Help You Protect Your Assets

Visit our website to learn more information about boat insurance.