FAQ – Renters Insurance Made Simple

1. What is renters insurance?

Renters insurance protects your personal belongings from events like fire, theft, vandalism, smoke damage, and more. It also includes liability coverage, which can protect you if someone gets hurt in your place or if you accidentally damage someone else’s property.

2. Why do I need renters insurance?

Your landlord’s policy does not cover your personal belongings. Renters insurance provides affordable protection for your property, covers liability risks, and may help with temporary housing if your rental becomes unlivable.

3. How much does renters insurance cost in Colorado?

Most renters insurance policies in Colorado range from $10 to $30 per month, depending on your coverage amounts, deductible, location, and safety features.

4. How do I get a renters insurance quote?

Just fill out our quick quote form. A local Colorado insurance advisor will contact you with your personalized quote and may gather a couple additional details to ensure accuracy.

5. How much personal property coverage do I need?

A common starting point is $20,000–$50,000, but it depends on the value of your belongings. If you’re not sure, our advisors can help you estimate a proper amount.

6. What is liability coverage?

Liability coverage protects you if:

• Someone is injured in your home

• You accidentally damage someone else’s property

• A legal claim is filed against you

• Most renters choose $100,000 to $300,000 in liability coverage.

7. What deductible should I choose?

Typical deductibles range from $250 to $1,000.

• A lower deductible means higher monthly premiums.

• A higher deductible lowers your premium but costs more if you file a claim.
  If unsure, we’ll help you decide based on your budget.

8. Does renters insurance cover roommates?

Policies typically cover only the person named on the policy. Roommates usually need their own policy. Some exceptions may exist for spouses or domestic partners.

9. Are pets covered by renters insurance?

Renters insurance often includes liability protection if your pet injures someone.
However, coverage varies by:

• Breed restrictions

• Insurance carrier

• Policy type

  
  Ask your advisor for details based on your pet type or breed.

10. Does renters insurance cover water damage?

Yes — sudden and accidental water damage is usually covered.
It does not cover:

• Floods

• Long-term leaks

• Poor maintenance
  

  Flood insurance requires a separate policy.

11. Does renters insurance cover my car or items in my car?

Renters insurance can cover personal items stolen from your car, but it does not cover the vehicle itself. Auto insurance covers the car.

12. What if I work from home?

Renters insurance covers your personal belongings, including work-from-home equipment. However, if you run a business from home, you may need additional business property coverage.

13. Why do landlords require renters insurance?

Landlords require renters insurance to:

• Reduce liability

• Protect their property

• Prevent disputes about damage

• Ensure tenants can cover accidental losses

It helps protect both the tenant and the property owner.

14. I’m a landlord/property manager—can I use this service?

Absolutely. We help landlords and property managers encourage tenants to carry renters insurance, reduce liability, and simplify compliance. Contact us to learn more.

15. How quickly will I get my quote?

Most quotes are prepared within the same day. A local advisor may reach out for 1–2 quick additional details to finalize your pricing.

16. What payment options are available?

Most renters insurance policies allow payment:

• Monthly

• Annually
  

  Your advisor will provide options with your quote.

17. Can I transfer my policy if I move?

Yes. Renters insurance policies can be updated when you move to a new address—just contact us to adjust your coverage.

18. How do I file a claim?

If something happens, contact your insurance carrier directly. Your local advisor can help guide you through the process if needed.

19. Will filing a claim raise my rates?

It depends on the type and number of claims. Some claims may impact future premiums, while others may not. Your advisor can explain what to expect.

20. Is my information safe when I submit a quote?

Yes. Your information is secure and never shared or sold. Only your assigned Colorado insurance advisor will view your quote details.

Auto Insurance FAQ – Colorado Drivers

1. Is auto insurance required in Colorado?

Yes. Colorado law requires all drivers to carry minimum liability insurance, which covers injuries and property damage you cause to others. Driving without insurance can result in fines, license suspension, and higher premiums.

2. What coverage is required in Colorado?

Colorado requires minimum liability limits of:

• $25,000 bodily injury per person

• $50,000 bodily injury per accident

• $15,000 property damage

Most drivers choose higher limits for better protection.

3. What does auto insurance cover?

A standard auto policy may include:

• Liability coverage (required)

• Collision coverage

• Comprehensive coverage

• Uninsured/Underinsured motorist

• Medical payments

• Optional add-ons like roadside assistance or rental reimbursement

4. What affects the cost of car insurance in Colorado?

Rates vary depending on factors such as:

• Age

• Driving history

• ZIP code

• Type of vehicle

• Annual mileage

• Coverage levels

• Eligible discounts

A local advisor can help you compare options and find the most competitive rate.

5. Why can car insurance rates be higher in Colorado?

Colorado faces unique challenges that influence premiums:

• Heavy traffic in major cities

• Higher accident frequency

• Hailstorms and unpredictable weather

• Winter driving conditions

• A significant number of uninsured drivers

6. Does my insurance cover hail damage?

Yes — hail is covered under comprehensive coverage, which is highly recommended in Colorado.

7. What is the difference between collision and comprehensive?

• Collision: Repairs your vehicle after an accident, regardless of fault.

• Comprehensive: Protects against non-collision events such as hail, theft, vandalism, fire, falling objects, and animal damage.

8. Do I need uninsured/underinsured motorist coverage?

It’s optional but highly recommended, since it protects you if someone hits you and has little or no insurance.

9. What deductible should I choose?

Common deductibles are $250, $500, or $1,000.

• Lower deductible = higher premium

• Higher deductible = lower premium

Your advisor can help you choose based on your budget and vehicle value.

10. Can I get insurance if I need an SR-22?

Yes. Several carriers offer policies for drivers who require an SR-22 due to a license suspension, DUI, or driving without insurance.

11. Will my rates go up after an accident or ticket?

Possibly. It depends on:

• Who was at fault

• Type of claim

• Carrier rating rules

• Your past driving history

Your agent can review lower-cost options if your rate increases.

12. Do I need insurance if my car is paid off?

Yes. Liability insurance is still required by law.
If your car is valuable or newer, you may still want full coverage (collision + comprehensive).

13. What discounts are available?

Many insurers offer discounts for:

• Multi-policy (auto + renters)

• Good driver

• Good student

• Anti-theft devices

• Pay-in-full

• Paperless billing

• Homeowner or renter discounts

Your advisor will help find all available savings.

14. What information do I need to start a quote?

Basic details include:

• Vehicle year, make, and model

• Driving history

• Current insurance status

• Desired coverage levels

Providing your VIN is optional but helps with accuracy.

15. Is my information safe when I submit a quote?

Yes. Your information is secure and only viewed by a local Colorado insurance advisor.

20. How do I get a Colorado auto insurance quote?

Just fill out our quick online form. A local advisor will contact you with your personalized quote.

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