Three common misconceptions about auto insurance

Motorists need to be well-informed to make the right decisions when choosing auto insurance options. At Maanen Insurance Group, we can help you evaluate your auto insurance options in Greeley, CO. 

Unfortunately, there are a lot of misconceptions that are made about auto insurance. The following are three common misconceptions about auto insurance to be aware of. 

You only need to choose auto insurance options once. 

Your auto insurance needs and preferences may change over time. It’s always a good idea to reevaluate your auto insurance policy whenever you renew it. Consider factors including the value of your vehicle and your financial situation when making decisions regarding your deductible and coverage maximums. 

You’ll pay more if you’re insuring a red car.

There is a common misconception out there that it always costs more to insure red cars than it does to insure vehicles of other colors. However, red car owners will be happy to know this is not the case. Generally, the color of a motorist’s vehicle does not affect insurance rates. 

Collision coverage covers damage from vandalism. 

You will need to purchase comprehensive insurance coverage if you want to be covered for damage caused by vandalism. Collision coverage will not cover you for this type of damage. Collision coverage only offers coverage if your vehicle is damaged in an accident.

In addition to covering you for damage caused by vandalism, comprehensive coverage also covers you for damage caused by fire, theft, and much more. 

Contact us by email or phone to get an auto insurance quote from Maanen Insurance Group. We’re eager to meet your insurance needs as a motorist in Greeley, CO. 

 

What You Can Do To Prevent Slip and Fall Injuries Around Your Home?

One of the lesser-known ways home insurance can protect you is by helping you if you are sued for a slip and fall injury on or around your property. However, one of the best ways to protect yourself from slip-and-fall accidents is to take steps to minimize the chances of someone slipping and falling on your property. Read along as Maanen Insurance Group, serving the Greeley, CO area, offers tips on preventing slip and fall injuries around your home. 

Ensure Your Concrete is Level

Concrete that is cracked can start to become unlevel. When this happens, part of the concrete slab can rise or sink, which creates a tripping hazard. You can do things, including concrete repairs or replacing your concrete surface, to help ensure your concrete is level and minimize the chances of someone tripping and falling. 

Using De-Icers in the Winter

Another tip that can help to minimize slip and fall accidents around your home is to use de-icers in the winter months. Sprinkling your driveway and walkway with salt can help melt ice, which can help prevent someone from slipping. 

Keep Your Property Well Lit

Lastly, always ensure that your property is well-lit. People are more likely to get hurt on a dark property. Ensuring your property is well-lit can go a long way in minimizing slip and fall accidents. 

Unfortunately, there is only so much that you, as a homeowner, can do to help prevent slip and fall accidents. Having the right home insurance is vital if a slip and fall accident occurs at your home. Here at Maanen Insurance Group, serving the Greeley, CO area, we can work to ensure that your homeowner’s insurance covers you in all situations. Call us today to learn more. 

How to be prepared for a flood

Flooding is one of the biggest natural disasters that can hit a community. If you live in an area prone to flooding, it is crucial to be prepared ahead of time. Here are some tips on preparing for a flood and how Maanen Insurance Group can help Greeley, CO, residents. 

Know About Your Coverage

Many homeowners commonly mistake flood coverage as part of their insurance policy. However, it’s essential to know that most homeowners’ insurance policies don’t cover flood damage. Therefore, it is crucial to get flood insurance for high-risk areas.

Be Prepared Ahead of Time

Always have at least one month’s supply of the necessities. These include non-perishable food, water, medicine, and other essentials. If you have to evacuate your home, it is vital to have these items ready to go.

Have an Emergency Plan

In the event of a flood, it is important to have an emergency plan. This includes having a list of emergency contacts, knowing where to go, and having a plan for your pets. Should you have destruction to your home, you’ll also need to have a plan for where you’ll stay and how you’ll get there. If you are told to evacuate, don’t ignore the warnings if you still have time to leave safely. Flash flooding can quickly cause damage and put you in extreme danger.

Move Valuable Items To Higher Elevation

Moving your valuable items to higher ground is vital if a flood is imminent. This includes important documents, electronics, and anything else that can be easily damaged by water. Remember, heavy items like couches will take longer to move, so don’t wait until the last moment.

Find Out More About Flood Insurance In Colorado

Maanen Insurance Group in Greely, CO offers flood insurance policies that can protect your home and belongings. We would love to talk to you more about our personalized solutions. Get in touch for more information.

Do I Need Commercial Insurance for a Sole Proprietorship in Colorado?

As more people join 37 million business owners in the U.S., they need to consider how they’ll protect their enterprise. It goes beyond a security system or power tools to protect data. They also need to consider protecting themselves, their property, and their reputation. 

Commercial insurance is the best way to cover unforeseen liabilities. However, is it needed if you’re a sole proprietor?

Commercial and Business Insurance

Some company owners are confused about the terms commercial and business insurance. In the end, they’re the same. According to the experts at Maanen Insurance Group in Greeley, CO, this form of coverage protects an organization against primary liabilities. These include:

  • Bodily injury of yourself or customers
  • Property damage to your organization or that of a client
  • Reputational harm against you or the company
  • Advertising errors

Additional Coverage

There are additional policies a business can purchase to maximize coverage. For instance, business interruption insurance helps pay for a company’s expenses when there’s a production outage due to a natural disaster, fire, or vandalism. Cyber liability insurance covers a company when its data is damaged or stolen by cybercriminals. 

Do Sole Proprietors Need Commercial Insurance?

Unlike someone who creates a limited liability corporation (LLC), sole proprietors are responsible for claims, debts, and potential customer issues. Unlike an LLC, there’s no separation between business and personal assets. Thus, sole proprietors could lose everything if a client or other company sues them.

Hence, a sole proprietor needs to purchase commercial liability insurance. To determine the best options, contact a representative of the Maanen Insurance Group in Greeley, CO for additional information. 

Benefits of Working With an Independent Home Insurance Agency in Greeley, CO

Working with an independent agency is always the best option when you need home insurance. You can expect these benefits when working with an independent home insurance agency in Greeley, CO.

1. Personalized Service

Independent agencies have a long, proud history of excellent customer service. You’ll be able to work with an insurance agent who will get to know you and your family. This way, they can better understand your needs and find the right home insurance policy for you.

2. More Choice

Working with an independent home insurance agency gives you more choice in finding a policy. Independent agencies have access to different insurance companies. You can compare rates and coverage to find the perfect policy for your needs.

Your Maanen Insurance Group representative can help you find the best Greeley, CO home insurance policy for your needs. Call us today to get started!

3. Easy Claims Process

Working with an independent home insurance agency will make the process easier if you ever need to file a claim. Your agent will be there to help you every step of the way, from filing the claim to getting the settlement you deserve.

4. Focus On Your Needs

An independent agency isn’t aligned with one particular insurance company. This means they’re not trying to sell you a policy that isn’t right for you. Their only focus is on finding the best possible home insurance for your needs.

These are just a few of the benefits of working with an independent home insurance agency in Greeley, CO. If you’re looking for the best possible coverage at the best possible price, contact Maanen Insurance Group today. We’ll be happy to help you find the perfect policy for your needs.

Do I Need Flood Insurance?

Even if flooding isn’t common in your area, you may still need flood insurance. At Maanen Insurance Group in Greeley, CO, we offer flood insurance policies that meet the needs of local homeowners. 

Flooding Basics 

Floods are the most common natural disaster in the United States. When you think of a flood, you may picture submerged homes. However, even a few inches of water can significantly damage your home. 

Flooding is more common in some areas, but it can happen anywhere. Heavy rains, spring snow thaws, and hurricanes are common flooding causes. 

Who is Required to Have Flood Insurance? 

Some homeowners are legally required to have flood insurance. These are homeowners in a high-risk flood area who have a federally insured or backed mortgage.

Even if you don’t meet these criteria, your lender can require you to purchase flood insurance as part of the terms of your mortgage. 

Do I Need Flood Insurance? 

Do you need flood insurance? In short, yes. A standard homeowner’s policy doesn’t typically cover flooding. A flood policy will cover damage even if a state of emergency isn’t declared. 

Remember, even a few inches of water can damage your home. If you don’t have flood insurance, you’ll need to pay for repairs out of pocket. 

You may be wondering about federal disaster assistance. This comes in two types. One is a loan, which must be repaid-with interest. The other is a disaster grant, which averages about $5,000 per household. These types of relief will still leave you paying a great deal out of pocket to repair damages if a disaster is declared. 

Flood Insurance at Maanen Insurance Group

If you need flood insurance in Greeley, CO, contact us at Maaneen Insurance Group. We’ll help you choose the best policy for your needs and situation. 

Protect your inventory with commercial insurance

If you are a Greeley, CO business owner who needs to protect their inventory, you can count on the team at Maanen Insurance Group. Covering your company with the right commercial policy is an integral part of keeping your business protected now and in the future. We are here to help!

Protect your inventory with the right commercial insurance policy

Inventory management is a key part of any business’s success. If your company has a significant amount of inventory, it’s important to have the right amount of coverage. When calculating your coverage needs, it’s important to value your inventory at its highest level. This is especially true for seasonal businesses. For example, if you have a large amount of winter sports equipment like snowmobiles but are obtaining your policy in the summer, consider those higher inventory levels.

When you have a local agent that is your insurance partner, these decisions can be made a lot easier. Knowing the level of protection that you need makes choosing the commercial policy more straightforward. A comprehensive commercial policy is the first step in crafting an insurance portfolio that will provide the protection your business needs.

Without an inventory, there is no business. And, if yours is destroyed or damaged during a covered event, it can cause a major disruption to your operations and cash flow. Fortunately, recovering from such a loss is much more manageable when you have the proper protection from your commercial policy. Find out more today to protect your company.

Make sure you have the right commercial policy today

Maanen Insurance Group is here for the Greeley, CO business community. If you need to increase your inventory protection or have any other commercial insurance concerns, call our office today.

Protect Your Business in Greeley, CO

As a business owner in Colorado, you need to protect your property in case of an accident or natural disaster. Commercial insurance protects against large-scale events that are beyond your control. Here are a few options to consider when insuring your business.

Liability Insurance

This type of insurance protects your business against lawsuits. If an injury occurs on your property or because of your business operations, liability insurance can help cover the costs of medical bills and legal fees. Your Maanen Insurance Group agent can help you choose the right coverage for your business.

Property Insurance

Your business is likely your most significant investment. Property insurance can help protect that investment in case of a fire, theft, or another covered event. It’s vital to have property insurance to rebuild or replace your business if something happens.

Business Interruption Insurance

When a covered peril forces your business to close, business interruption insurance can help with the cost of lost income. This type of insurance may keep your business afloat while you make repairs or wait for customers to return. How much and how long the coverage lasts depends on your policy.

Commercial Auto Insurance

Commercial auto insurance is a must if you use vehicles for your Colorado business. This type of policy covers you in case of an accident while driving for work. It can also help protect your employees if they travel on company business.

Make sure your business is fully protected by talking to an agent at Maanen Insurance Group in Greeley, CO. We can help you choose the right coverage for your needs. Call us today.

Buying A New Home? When Do You Need To Procure Homeowners Insurance

Don’t Put The Cart Before The Horse.

Buying a new home is one of the most exciting experiences a human being can have. There’s indeed a thrill no matter how many times you’ve sat at the table to close the deal on your new or newest home. A new beginning. Maanen Insurance Group has a professional team to assist you in insuring the brand new opportunity inherent in your home. Colorado, as well as many states, require that you have home insurance before your closing date.

Maanen Insurance Group in Greeley, CO has a staff that’s efficient and proficient in many insurance policy needs. Home insurance is not the only insurance that they provide service for. However, the professionalism demonstrated will make you think it is their specialty. Many home insurance needs are unique to the individual’s situation.

There are some general options that you will note on a multitude of policies. Colorado and other states have standard options that include:

  • coverage for your dwelling
  • coverage for personal loss
  • coverage for others on your property
  • coverage for other structures on your property

Greeley, CO Residents are Our Neighbors

This beautiful area has a heart as well. Residents take pride in their homes and look out for their neighbors. An insurance company that looks out for you is key to a great home insurance experience. Staff at a quality home insurance agency will let you know if you need additional coverages or riders on your policy. Your home insurance policy should be as individual as you are.

Contact the staff at Maanen Insurance Group by phone or email. We will help you navigate the home insurance acquisition process. 

Does Your Business Need Commercial Vehicle Insurance?

If you utilize your personal vehicle to run errands for your small business, you may be wondering whether this is alright or if you need to purchase a commercial auto insurance policy. Ideally, the best way to determine what you need is to consult with one of our agents at Maanen Insurance Group. However, here is some basic information for Greeley, CO small business owners.

When Do You Need Commercial Auto Insurance?

Your standard auto insurance coverage will only apply when you are using your vehicle for personal use and not any kind of business-related tasks. In the event, something occurs while you are using your vehicle for business purposes, you will be solely responsible for any damage, expenses, etc.

It is important to understand that this is true even if you only drive your vehicle for business purposes every now and then. A commercial auto insurance policy is necessary. Otherwise, you will face the financial burden of any property repairs, medical bills, and the like. These expenses can add up rather quickly.

In some instances, you may not need an entirely new policy. Instead, you may be able to add an endorsement to your personal auto insurance policy.

In either case, commercial auto coverage will offer more coverage than a personal auto insurance policy.

Contact Our Team to Schedule a Consultation

When you aren’t entirely sure whether you are in need of commercial auto insurance, get in touch with our insurance team at Maanen Insurance Group. We can sit down with you, discuss your individual situation, and get you set up with a commercial auto insurance policy (if needed) in Greeley, CO.