Recreational insurance protects you against risks associated with various activities, including rock climbing, scuba diving, skydiving, and many others. 

The primary purpose of this insurance is to protect you during recreational activities in case of an accident or a mishap that causes property damage or bodily injury to others. For questions, Premier Group Insurance can help you in Lakewood, CO. 

What You Need to Know 

The types of insurance needed for various recreational activities depend on the risk associated with each activity. 

Some common types of recreational insurance include travel insurance, boat insurance, sports insurance, drone insurance, contractor insurance, and rental car insurance. 

Depending on the activity, you may also need liability, extended, or excess medical insurance. 

Insurance companies offer recreational insurance policies to protect individuals participating in recreational activities from unforeseen circumstances that could put their finances at risk. 

These policies are available for various activities, such as skydiving, scuba diving, skiing, snowboarding, race car driving, piloting an airplane, golf, hunting, scuba diving, fishing, skateboarding, scooting, etc. 

Most recreational policies are very affordable and can be purchased for less than $10 a day. Various types include: 

• Sports insurance: It’s a great option if you go golfing, hit the slopes, or engage in any other physical activity. 
• Travel insurance: It safeguards you and your belongings abroad.  
• Rental car insurance: It protects you in the case of an accident and the rental company if the car is damaged. 
• Concert insurance: It’s purchased by concertgoers to protect themselves and their guests in case of an accident or illness. 
• Holiday insurance: Offers protection against unforeseen circumstances, like if your flight is canceled. 
• College student insurance: It helps students cater for medical bills and other incurred costs during an accident.
• Winter sports insurance: This insurance protects you and your guests during winter sports.

Parting Words 

Recreational insurance comes in many different forms, and it’s important to know what type of policy will best suit your needs. Contact Premier Group Insurance in Lakewood, CO if you need help!

Premier Group Insurance is proud to serve the insurance needs of the greater Lakewood, CO area. If you want to learn more about the RV insurance options available, give us a call or stop by our office today. 

Choosing a comprehensive policy for your RV is often the right way to go.

Having an RV sure makes it easier to do when it comes to enjoying life! This is a great reason to ensure that your vehicle has the protection you need. When you choose a comprehensive policy, you can benefit from:

• Increased liability protection – if you essentially live in your RV during the warm months, you will want protection from liability. Having guests over to your RV is wonderful, but if they are injured in your RV, you can have some liability risk. This coverage can protect you from financial loss.
• Greater coverage when you are on the road – collision protection is critical to every RV owner. Repairing or replacing these vehicles is not always easy. And having comprehensive coverage can make the situation less stressful.
• Higher policy limits for medical expenses – if you are involved in an incident with your RV that causes injury to yourself, your passengers, or persons in another vehicle, you’ll want to have protection that will help defray those costs.

We are here to help you protect your RV

Are you an RV owner in the greater Lakewood, CO area? The team here at Premier Group Insurance is here to help you protect your RV. If you want to learn more about the available policy options, give our office a call today.

We look forward to working with you!

RV insurance is a must in Lakewood, CO. Not only is it the law, but it also protects you and your family while you enjoy the great outdoors. Here are some of the top benefits of RV insurance:

1. Liability Coverage

This type of coverage protects you financially if you’re found responsible for damages or injuries sustained by another person. It can help cover the costs of medical expenses, property damage, and legal fees.

2. Coverage for Your Vehicle and Contents

Comprehensive coverage protects your RV from damage caused by vandalism, theft, and natural disasters. This policy type also covers theft of belongings inside your RV. Your Premier Group Insurance representative can help you determine the right level of coverage for your needs.

3. Collision Coverage

This part helps pay for damages to your RV in Lakewood, CO if it’s involved in a collision with another vehicle or object. It can also help cover the costs of towing and repairs. You should have at least as much collision coverage as the value of your RV.

4. Roadside Assistance

An excellent option available with some policies is roadside help. This can come in handy if you have a flat tire, run out of gas, or experience any other type of mechanical issue while on the road. Consider adding this coverage to your policy if you don’t already have it.

When it comes to RV insurance, it’s essential to make sure you have the right coverage for your needs. At Premier Group Insurance, we can help you find the perfect policy to fit your lifestyle. Call us today to learn more about our RV insurance options.

Before You Get Out On The Open Road, Are You Covered?

Purchasing and riding a motorcycle in Lakewood, CO is a huge responsibility. In fact, it’s a huge responsibility no matter where you are. However, it is important to have the right insurance agent who is conversant in motorcycle insurance in Colorado. The professionals at Premier Group Insurance serve Lakewood, CO and surrounding areas in the region. They will be able to tell you exactly how your lifestyle meshes with your motorcycle use. They will explain the importance of the right protection for your motorcycle policy.

Do You Have To Add "Junior" To Your Motorcycle Insurance Policy?

Motorcycle insurance is similar to automobile insurance in that the amount of time your child is riding with you on a motorcycle is the basis for whether or not they should be included in the policy. Whether your child resides with you is another determining factor.  This is something you should discuss with your insurance agent at your first opportunity. In short, if you plan on having your child ride with you frequently, it may be a good idea to add them to the policy. 

Colorado Requires All Motorcycle Riders Under The Age Of 18 To Wear A Helmet

Premier Group Insurance has a staff that understands the nuances of your motorcycle insurance policy. Moreover, the professionals at Premier Group Insurance possess the know-how to ensure that your policy is compliant with Colorado mandates, like the one above. The bottom line is you do not have to figure this out for yourself. Call us today at 877-430-0092.  Visit our user-friendly website. We will begin the conversation with you to understand your motorcycle insurance needs. Together, we can ensure that your motorcycle insurance coverage is complete and works for you. 

Since floods are common in America, you need flood insurance to protect your home. And the fact that home insurance doesn’t cover flood insurance, the more reason to invest in flood insurance from Premier Group Insurance of Lakewood, CO. But how much flood insurance do you need? If you are unsure of the amount required in Colorado, keep reading for insights.

It depends on the mortgage lender

If you have secured a mortgage from a federal-regulated lender, you must invest in flood insurance that covers the principal loan amount. However, remember that the lender-required flood insurance may never be adequate for your home. Why do we say so? If the outstanding loan balance is less than the cost of rebuilding your home, you may incur out-of-pocket expenses when floods damage your home.

So, when deciding to know the amount of flood insurance you need, keep the following in mind:

• Cost of rebuilding your home: Ideally, the amount of flood insurance needed should equal the home replacement value and not the market value or the outstanding mortgage balance. Using the home insurance dwelling coverage can be an excellent guide to establishing the required amount of flood insurance.
• The cost of replacing personal assets: Like your dwelling, your personal assets matter too. Be sure to compile your belongings to establish the actual value. Come up with a home inventory with the price and description to establish what you own. The amount of flood contents insurance shouldn’t be less than the replacement value of your assets.

You also need to note that flood insurance provided by the National Flood Insurance Program (NFIP) is limited to $250,000. So, if you need higher coverage, you should consider flood insurance from private carriers.

Learn more about flood insurance in Lakewood, CO

Figuring out how much flood insurance you require can be challenging. For this reason, please get in touch with Premier Group Insurance for guidance.

Umbrella insurance is a coverage type that not enough businesses fully understand. However, it provides a broad range of benefits that make it essential for corporations in particular. At Premier Group Insurance, we can help our Lakewood, CO customers understand their business may need this policy. 

How It Protects Corporations 

Umbrella insurance policies are a type of liability coverage that pays for what your traditional policy will not. When your maximum liability payout has been reached, it kicks into play, allowing you to pay for things like court costs, penalties, and more right from your policy. 

This option is critical for more giant corporations because the money exchanged at this level is often remarkably high. Constantly, people attempting to sue corporations aim to get as much cash as possible, causing financial struggles. As a result, it is crucial to know whether this choice is right for you. 

When You Need Umbrella Insurance 

• High Litigation Risk – Do you work in a firm that is likely to see a lot of litigation? Then, you’ll need an umbrella insurance policy to protect you from what can be very high costs. 
• Considerable Risk of Injury – Does your firm work in a field that has a high risk of personal injury or property damage? Talk to an insurance agent to get high-quality umbrella insurance protection.
• Personal Safety Concerns – Has your business experienced concerning issues around personal safety? You may need to seek out an umbrella insurance policy to avoid expensive lawsuit costs. 

Give Your Business a Higher Level of Protection

Do you think that your corporation needs this type of liability coverage? Then please contact us at Premier Group Insurance to learn more about your coverage option. We can provide Lakewood, CO residents with the help that they need to avoid serious long-term ramifications.

Insurance policies often have existing restrictions. There are areas that may not be covered by these policies. An individual may choose to purchase umbrella insurance as an additional measure to cover these limitations. Umbrella insurance may provide coverage for certain litigation, personal liability, property damage, or injury.

Is it worth getting umbrella coverage?

It is worth taking out umbrella insurance if you have significant assets. If you have more than $500,000 in assets, purchasing umbrella insurance is a good idea. There is a chance that your liability insurance under policies such as homeowners and auto insurance may not cover events and/or situations such as a dog bite, accidental injury to another person, or a car accident. Umbrella insurance protects existing assets as well as future assets. 

Umbrella insurance vs. liability insurance

Umbrella insurance provides increased liability coverage beyond the limitations of an underlying policy. Liability insurance covers the limits of a primary policy.

Can I get umbrella insurance without having car insurance

Even if you do not drive a car, you may qualify for umbrella insurance as long as you have either renters’ or homeowners’ insurance.

Does umbrella insurance cover professional liability?

Malpractice insurance, also known as errors and omissions insurance or professional liability insurance, may cover lawsuits related to professional errors. This can include things like missed deadlines or services not rendered.

Umbrella insurance is an option to cover areas that may not be covered by professional liability insurance. Business Umbrella policies are designed to supplement existing business liability insurance policies and cannot be purchased as a stand-alone policy.

Talk to an expert at Premier Group Insurance serving Lakewood, CO to find out if umbrella insurance is the right option for you.

When you are in the Lakewood, CO area, you are going to have plenty of different insurance needs. One type of coverage that all people should seriously consider getting is life insurance. This is a valuable form of coverage that can offer a variety of benefits to the policyholders and beneficiaries. There are several reasons that the typical person in this market should continue to get this type of coverage. 

Those with Dependents Need Coverage

A situation when you should have this coverage is when you have dependents. If there are people that rely on you and your source of income, you need to make sure that their financial future is adequately protected. A great way this can be done is by getting life insurance. You can build a plan that is curtailed to ensure their financial needs are met. 

Those Looking for an Investment Alternative

Another advantage of life insurance is that you can use it as a conservative investment alternative. With a whole life plan, some of your monthly payments will build and accrue in an account. This account will grow with interest steadily over the years and can be liquidated or used as a form of loan collateral. This can make it a great addition to your personal investment plan 

People all over the Lakewood, CO area will want to make sure that they get the right insurance in place. If you are looking for a policy in this area, calling Premier Group Insurance is always a good idea. There are a lot of important choices to make when looking for this coverage and Premier Group Insurance can make it easier for you. They can help by carefully assessing your situation and giving any support you need when building your next plan. 

Commercial insurance is important for any type of business – it protects businesses and their owners from financial losses and hefty expenses if something happens. If you are currently shopping for business insurance in Lakewood, CO or another nearby town, here is a list of questions you should ask an insurance agent. The answers to these questions should help you make the right choice:

What Affects The Cost of My Business Insurance?

There are certain factors that have an impact on the cost of business insurance, including the type of business and industry, number of employees, payment plan, and previous claims.

Can I Save Money On My Business Insurance? 

Yes, there are ways to save money on commercial insurance. You can do it by bundling policies, managing risks in your business, and creating a safe working environment. 

Are There Any Discounts Available? 

Often, there are discounts that allow you to reduce the cost of your commercial insurance. You should ask an insurance agent if there are any and if you qualify for them. In most cases, people do not know about the available discounts and make one common mistake – do not ask insurance agents about them. 

How Do I Know What Type of Business Insurance I need?

There are different types of business insurance policies, and your choice should be determined by the location of your business, exposure to risks, type of business operations, and some other factors. 

Premier Group Insurance  – We Will Help You Find a Perfect Policy For Your Business

If you are a business owner running a business in Lakewood, CO or any other surrounding area or town, Premier Group Insurance is ready to help. Depending on the types of your business, company, and budget, our experienced and professional insurance agents will find you a good policy. If there are any questions you want to ask or more information your need to receive, feel free to call us.