Category: Home Insurance

Are you thinking about a home purchase? Will you have a mortgage on the property? If so, homeowners insurance coverage is mandatory. Westco Insurance LLC, serving the Colorado Springs, CO area, can provide the necessary coverage for your purchase.

This coverage is important because it pays for damage and losses to your property in the event of a burglary or fire. When you have a mortgage, the lender wants his interests protected. Homeowners insurance will do that. That is why a lender will require proof of this coverage.

As soon as you sign the contract for the home purchase, it is a good idea to begin shopping for homeowners insurance. That way you have time to get the policy in place prior to closing on the property.

There are three major reasons why a homeowners insurance policy is needed.

• It provides comprehensive coverage
• It provides protection against lawsuits
• It protects the equity you have in your home

Four things make up a standard homeowners insurance policy. It includes coverage for the dwelling (home), other structures (garage, storage shed), personal property, and liability coverage.

There are some things that typically are not covered by homeowners insurance. A standard policy will not include coverage for valuable artwork, jewelry, collectibles, damage caused by a flood or earthquake, and identity theft protection.

Loss of use and medical payments coverage is also included in the policy. Loss of use coverage kicks in if you cannot occupy your home after a covered event occurs.

The medical payments portion of the policy covers the medical bills of those who are injured on your property but does not include members of your household.

If you are thinking of purchasing a home, contact the professionals at Westco Insurance LLC today for a no-obligation quote or answers to any questions you have. You will be glad you did.

A home renovation can be expensive, so many homeowners opt to find helpful resources such as a home insurance agency. At Westco Insurance LLC, we are interested in providing home insurance to property owners living in Colorado Springs, CO. Our insurance plans cover many scenarios, including major home renovations for catastrophic events.

What is a Renovation Insurance Policy?

Homeowner’s insurance is meant to pay for damages to your home, particularly in a dangerous event. This could be a fire, a flood, or a burglary. These situations often result in a loss of belongings or weakening of the house’s structural integrity. When structural damage does occur, it becomes necessary for the homeowner to repair or replace the areas that have been damaged. This could be anything from a ruined carpet to a leaky roof. Because this process is usually expensive, homeowners often turn to insurance agencies to pay for the repair costs.  

This is where renovation insurance steps. This type of homeowner’s insurance policy covers the cost of a home renovation project. However, a renovation insurance plan may not cover situations outside of a hazardous event, so you’ll need to check with your insurance agent about what situations will be covered.

How to Find Renovation Insurance in Colorado Springs, CO

Westco Insurance LLC provides quality renovation insurance to the homeowners of Colorado. If your home has experienced structural damage due to peril, feel free to contact us for more information. Contact Westco Insurance LLC at 719-726-0318 to book an appointment.

Are you a resident and homeowner in the greater Colorado Springs, CO area? Westco Insurance LLC is aware of the significant amount of growth that has been happening in our area, and how this growth is affecting home prices. If you want to ensure that your house is protected, call us today.

Benefits of comprehensive policies for Colorado Springs area homes

When it comes to protecting your home, how much is enough? With a comprehensive policy, you can ensure that you have the level of protection needed to protect your home.

As home prices rise, so too do your insurance needs. Many homeowners renew the same policy year after year without reviewing it. This can lead to unanticipated problems down the road. Being underinsured is avoidable, and we can help you have the right coverage in place.

Protect your home, belongings, and any additional buildings on your property with comprehensive coverage. If you would like to ensure that you have the protection you need, now is a perfect time for a complete review of your current policy. Please don’t wait until it’s too late to find out that you don’t have the coverage you need.

A family home is a refuge, and it is also one of the largest financial investments that we make in our lifetimes. Be sure that you have the right policy at the right level. Give us a call to schedule your appointment today.

Let us help you protect your home!

Westco Insurance LLC is here to answer all of your home insurance questions. We want you to have peace of mind knowing that your Colorado Springs, CO is protected. Give us a call today.

Selecting a homeowner’s policy can take a lot of consideration to ensure that the coverage is correct and adequate for your needs. The team at Westco Insurance LLC is proud to serve the insurance needs of residents in the greater Colorado Springs, CO area.

Look for these policy options when selecting your homeowner’s insurance

If it’s time to renew your homeowner’s policy, or you are looking to buy a home, it’s important to get the right coverage. When selecting your policy, you may want to consider the following:

• Does this policy protect all of the structures on my property?
• Is the deductible in-line with my budget?
• Do I have protection from theft and vandalism?
• What happens if my house becomes uninhabitable due to a covered event?
• Will I need additional coverage for personal articles?
• Is any work equipment that I have at home (such as a laptop computer) covered?
• Do I have liability protection in case someone is injured on my property?

These are just some of the questions that you should ask yourself when selecting your homeowner’s policy. The two main factors are the type of insurance policy and the level of coverage. There are many different benefits and features that you can select in order to tailor your homeowner’s policy for your own unique needs.

Finding the right policy to protect your home: we can help

When it comes to choosing your homeowner’s policy, you can rely on the team at Westco Insurance LLC. We are proud to serve Colorado Springs, CO and the surrounding communities. Give us a call for all of your insurance needs. We are here to help!

Owning a home is what many people aspire to. It is a huge investment and for many, the largest they will ever make. Keeping it safe is what home insurance is all about. In spite of all your best efforts, chances are you will have to file a claim for damages to your home or property.  When you do file a claim, having a home inventory can make things a lot easier. At Westco Insurance LLC in Colorado Springs, CO, we are locally owned and operated, and we strive to make sure that we exceed your expectations. 

A home inventory is a listing of all the contents of your home. It can be a daunting task to create but the help that it provides when you need to file a claim for lost content is invaluable.  

You can do a traditional inventory with a pad and pen, or you can do a digital one, both do the job. You should also take pictures with a traditional inventory especially of any higher-priced items. Do the inventory room by room, opening drawers and closets and writing down exactly what is in them. Include brand names, when possible. Model and serial numbers are helpful with electronics. 

The more details you include the better. Go through your home top to bottom and don’t forget your garage, shed, attic and basement. Having an appraisal for any pricier items is important. Attach any sales slips that you have to the inventory. Take at least one picture of every room but more is even better. 

Store the inventory away in a safe place, preferably off-site. At the very least make sure it is in a waterproof, fire-resistant box or even better on The Cloud. 

Contact Westco Insurance LLC in Colorado Springs, CO for all your home insurance needs.