Category: Home Insurance

The Colorado Springs, CO, area is a terrific place to call home. There are plenty of outdoor recreation opportunities, and the scenery is exceptional. However, if you are a homeowner in the area, you may not be aware that your liability risks may increase.

Westco Insurance LLC wants you to be aware of the potential growing liability risks you may be facing.

Pets

Dogs, especially larger dogs and breeds that may be considered aggressive could increase your risk of a liability claim. If you own or are considering adding a dog to your family, ensure your home insurance company is aware.

Attractive Nuisances

An attractive nuisance is a feature of your property that could attract unwanted visitors and potentially create liability issues. These include playground-style swings and equipment, pools, outdoor hot tubs, and trampolines. Trampolines, for example, can be such a danger that many companies will not offer home insurance for property owners who have them.

Growing Number of Visitors

The odds are that more people will enter your property. These may include modern conveniences like grocery and dinner delivery services. A slip and fall or a trip that causes an injury can be costly.

Lawn Care

As more homeowners discover the value of having a lawn care service take care of their yards, they may not realize their liability risks are increasing. Uneven areas, holes in your yard, or even debris could cause an injury for which you may be held responsible.

Get a Home Insurance Review Today

If you own a home in Colorado Springs, CO, or the area, we encourage you to contact us at Westco Insurance LLC for a homeowners’ insurance review. We’ll examine your liability coverage to ensure you are properly covered for today’s circumstances. Contact us for your no-cost, no-obligation insurance review and price quote today.

Understanding that home insurance isn’t just about policies—it’s about proactive risk management and disaster preparedness is key. While insurance coverage forms a crucial safety net, being prepared for potential disasters goes beyond what a policy can offer. At Westco Insurance LLC, serving Colorado Springs, CO, and the surrounding areas, we’re dedicated to helping homeowners strengthen their preparedness efforts.

1. Assess Local Risks: Understand the specific natural threats prevalent in your specific area, such as wildfires, hailstorms, and occasional flooding. Customize your coverage to protect against these potential hazards.

2. Tailor Coverage Solutions: Create personalized coverage plans to safeguard your home. Ensure your insurance adequately addresses risks like fire, flood, and other potential dangers specific to your property.

3. Invest in Risk Reduction: Allocate resources to mitigate potential risks. Consider measures like tree trimming, fire-resistant roofing, and reinforcing structures against storms to minimize vulnerabilities.

4. Develop an Emergency Plan: Craft a comprehensive emergency strategy for your family. Identify evacuation routes and establish emergency kits and communication protocols for efficient disaster response.

5. Regular Policy Check-ups: Periodically review your insurance policy to keep it updated. Life changes, renovations, or property updates may necessitate adjustments for optimal coverage.

6. Stay Informed: Keep up-to-date on local weather patterns, disaster preparedness tips, and regulation changes. This knowledge empowers informed decisions in managing risks to your home.

Let’s take proactive steps to protect our homes against potential risks. Collaborate with Westco Insurance LLC, serving the Colorado Springs, CO region, customizing your protection, investing in mitigation, and crafting a robust emergency plan. Stay informed and engaged in the community, and regularly review your policy to ensure it aligns with your evolving needs. Together, let’s safeguard what matters most—your home and family. Prepare today for a secure tomorrow.

Being a real estate and property owner in Colorado Springs, CO has been a good investment and housing option for many people. When you are a property owner here, you will want to be assured that you also get insurance for your home. A full home insurance plan provides various forms of coverage and support to residents. 

Liability Coverage

Liability coverage is an essential form of coverage you will get with your home insurance plan. There is always a chance that an accident could occur on your property. You may be held liable and responsible for damages if this does occur. Fortunately, this risk can be mitigated as your home insurance plan will offer support to cover damages up to the policy’s limits. 

Protection for Assets

Getting a home insurance plan to protect your assets is also a good idea. Your home will likely be the most significant asset that you will ever own. When you have this insurance coverage, a home insurance plan can help ensure you have support, as you will receive coverage for damage sustained in a fire, bad weather, or other covered situations. Additionally, you can obtain insurance coverage for your personal assets if they are stolen or damaged. 

If you purchase a new home insurance plan in the Colorado Springs, CO area, you will find that it can protect and support you in various ways. Due to the value and importance of this coverage, it would be a great idea to call our team with Westco Insurance LLC. When you call our team with Westco Insurance LLC, you can receive all the guidance you need to select a new plan. 

Home insurance is an essential part of buying a home. Without home insurance, you could face great financial devastation if something happens, such as a fire, vandalism, a tree falling on your house, etc. Although home insurance is important, many people have questions about it that they might be afraid to ask. Here are some of the most frequently asked questions about home insurance.

Is home insurance required in Colorado?

No. Home insurance is not required in Colorado by law, but it might be required if you hope to use a lender to buy your house. Because the house cost is so high, lenders might require you to purchase home insurance. This is because the high cost of a house can be a high risk for the lender.

Why is home insurance so important?

Home insurance is important for a few reasons. The first reason is that your lender might require you to have home insurance before qualifying for a mortgage. The second reason is a home is an expensive investment. It would be best if you had home insurance to protect that significant investment in case something leaves your home needing costly repairs.

What does home insurance cover?

Home insurance covers the following areas:

• Dwelling coverage
• Other structures on the property
• Personal belongings
• Liability coverage
• Addition living expenses

What is not covered by home insurance?

Home insurance does not cover mold, insect damage, animal damage, maintenance, regular wear and tear, floods, earthquakes, or damage from sewer backup. However, you can purchase separate insurance for floods and earthquakes if you live in an area prone to either.

Contact Westco Insurance LLC

If you live in Colorado Springs, CO, and are in the market for home insurance, we can help you. Stop by or contact us at Westco Insurance LLC to get a quote today.

Home insurance is an essential part of buying a home. Without home insurance, you could face great financial devastation if something happens, such as a fire, vandalism, a tree falling on your house, etc. Although home insurance is important, many people have questions about it that they might be afraid to ask. Here are some of the most frequently asked questions about home insurance.

Is home insurance required in Colorado?

No. Home insurance is not required in Colorado by law, but it might be required if you hope to use a lender to buy your house. Because the house cost is so high, lenders might require you to purchase home insurance. This is because the high cost of a house can be a high risk for the lender.

Why is home insurance so important?

Home insurance is important for a few reasons. The first reason is that your lender might require you to have home insurance before qualifying for a mortgage. The second reason is a home is an expensive investment. It would be best if you had home insurance to protect that significant investment in case something leaves your home needing costly repairs.

What does home insurance cover?

Home insurance covers the following areas:

• Dwelling coverage
• Other structures on the property
• Personal belongings
• Liability coverage
• Addition living expenses

What is not covered by home insurance?

Home insurance does not cover mold, insect damage, animal damage, maintenance, regular wear and tear, floods, earthquakes, or damage from sewer backup. However, you can purchase separate insurance for floods and earthquakes if you live in an area prone to either.

Contact Westco Insurance LLC

If you live in Colorado Springs, CO, and are in the market for home insurance, we can help you. Stop by or contact us at Westco Insurance LLC to get a quote today.

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.