Insurance

If you drive in Denver, Colorado, then you could benefit from Safeco RightTrack® by saving hundred of dollars with this cool driving device.

Safeco RightTrack is an app provided by the Liberty Mutual Group/SafeCo Insurance, one of the nations top auto insurance companies that offers insurance to motorists in Colorado. The purpose of the device is to more accurately track your driving habits to help you save you money on your insurance premiums. This is a much fairer strategy than basing your rate on your demographic, type of car and region you live in. 

How Safeco RightTrack® Works

Insurance companies know that safe drivers are less likely to make a claim, but it’s hard to work out who is a safe driver, and who isn’t, just from demographic information (such as your age and where you live). It’s much more accurate to collect information about a driver’s habits and then use that to work out how much they should pay in premiums. Safe, cautious drivers who stay under the speed limit will, naturally, pay less than those who brake suddenly, take corners at high speed and disobey road safety laws. 

There are two ways in which you can use Safeco RightTrack; either through their plug-in device or their mobile app

  • The plug-in device is a small device containing a suite of sense that Denver motorists install on their vehicles to track their driving. The device connects to an OBD-II port which is usually located under the dashboard.
  • The other option is to install the Safeco Right Track mobile app. The app works by using your phone’s onboard sensors to track your driving performance. The benefit of the app is that it is straightforward to download and install on either Android or iPhone devices. 

How Much Can You Save In Denver With A RightTrack® Device?

The savings from installing a Safeco RightTrack ® device are substantial. SafeCo Insurance Reviews says that it will apply a discount of between 5 and 30 percent, depending on its interpretation of the data. The cuts are automatically applied to your policy, based on your driving behavior – there’s no need to call the company or negotiate rates. 

How Can You Get A Safeco RightTrack® Device?

If you’ve decided to have a Safeco Right Track device fitted, how can you make it work for you and get close to the maximum 30 percent off your monthly premiums? 

  1. Drive Less Often – Insurance companies know that the further you drive, the more likely you are to have an accident at some point. The less you drive, therefore, the higher your discount should be, all else equal.
  2. Avoid Hard Braking – Insurance companies consider hard braking dangerous. You might just like braking hard, but from the perspective of the insurer, it’s more likely because you’re not paying attention to the road ahead. Hard braking increases your chances of being shunted from behind and also ramming into vehicles queued up ahead. If you want your premiums to fall, then it’s best avoided.
  3. Drive Less At Night – Driving at night in Denver, Colorado, between midnight and 4 am is more dangerous than during the daytime. Limit your driving to the day if you want to cut costs. 
  4. Don’t Accelerate Rapidly – Rapid acceleration is a proxy for aggressive driving and could be an indication of your overall road temperament, including your propensity to perform dangerous overtaking maneuvers.

What About Your Personal Data? 

Although the Safeco system collects a lot of data about your driving habits, it won’t affect your ability to get insurance in the future. Personally identifiable information – such as the data transmitted from your plug-in device to Liberty Mutual Group/Safeco Insurance – is not distributed to other parties outside of the company.

Safeco RightTrack®, therefore, offers Colorado drivers a low-risk way to reduce their premiums, especially if you follow safe driving habits. 

Do you feel like you are a good driver and deserve a discount? Well, now is your chance to save money on your car insurance with Safeco RightTrack®

Safeco Insurance has introduced a program to reward good drivers in Colorado. SafeCo RightTrack® is a telematics device that is easy to use and guarantees 5% savings just for signing up. The small device easily plugs into your car and monitors your driving habits. Driving habits include: stopping and starting patterns, the time of day that you drive and your mileage.

You use the device for 90 days and receive updates online about your progress. The best drivers receive up to a 30% discount on their car insurance. 

Setting Up Your RightTrack® Device

Setting up a Safeco RightTrack® device is relatively straightforward. 

First, you’ll need to contact Liberty Mutual Group, tell them that you’d like to use  Safeco RightTrack® as part of your insurance policy. 

Next, Liberty Mutual Group will come and install the plug-in device on your vehicle into the aforementioned OBD-II socket on your car. 

Then you’ll need to drive with the unit for around 90 days for it to collect sufficient data about your driving habits, including how much you drive and how suddenly you accelerate or decelerate. Liberty Mutual Group then crunches the numbers to see whether you’re a safe driver or not. 

Finally, based on the results, you’ll be granted a discount on your insurance premium. Liberty Mutual Group says that Denver residents are guaranteed savings and that their premiums won’t go up after having the device fitted. 

Safeco wants to reward you and not punish you so your rate will not be negatively impacted. With RightTrack, you can’t lose and many of our Denver clients are taking advantage of this new technology to get the best insurance rates.

We offer the RightTrack® option to all of our SafeCo customers.

To get Safeco RightTrack® you must have a Safeco policy.  We can get you a Safeco insurance quote and compare it against 32 other insurance companies.

Just fill out this form to get a free online quote and see how much you can save or contact us today!

 

 

You own a condo or townhome and might be unsure what you need for coverage. Condo and townhome insurance is usually different than insuring a single-family home. Your Homeowners Association (HOA) will cover the exterior of the home for damage. That’s part of the reason you pay your HOA each month. Common exterior damage includes roof and siding damage.

Since the HOA covers the exterior of the home, condo insurance is inexpensive compared to a standard single-family home. The technical insurance term for the condo or townhome policy is HO-6 insurance.

Here is a breakdown of the main coverage on your policy:

Dwelling Coverage – This coverage will repair the interior for a covered loss. The interior of your home consists of the drywall, flooring, kitchen cabinets and bathroom fixtures. Essentially, anything that is attached in the home makes up the Dwelling Coverage. Most people will carry this coverage at least 25% of the value of the home.

Personal Property – Coverage for your personal belongings for a covered loss. This is coverage to replace your items in the home including clothing, furniture, jewelry, electronics, and unattached appliances. The amount of coverage can vary for each person and home. A starting amount of coverage is usually at $25,000 but it is common to have a higher amount. You should let your insurance agent know if you have expensive jewelry, electronics, firearms, antiques or collections.

Liability – This is an important coverage in case you are negligent. The minimum amount of coverage is $100,000 but $300,000 is, by far, the most popular amount. The coverage could pay for things like: water or smoke damage to a neighbor’s unit or if a guest is visiting and falls down your stairs because you didn’t have a handrail.

Loss Assessment – A very inexpensive but often overlooked coverage. The HOA has a right to place a Loss Assessment on each unit owner. The most common occurrence is for roof replacement on all of the buildings. If the HOA has a high insurance deductible on their master policy or is lacking funds in their reserve account, they will place a loss assessment on each unit owner. This coverage could save you thousands of dollars and will cost around $1 per month.

In general, you want to get as much coverage as you can comfortably afford. As always, we are here to help you select the correct coverage levels. This is a high-level analysis of the condo and townhome policy. Please contact us with additional questions or a free insurance quote to get the best deal.

You can simply get a FREE condo or townhome insurance quote by filling out this quick quote insurance form below. It will take you about 2-minutes to complete.

Quick Quote Internal Form

 

Children are expensive to insure on your auto insurance. Did you know that most insurance companies offer a discount if your child is at college and does not have access to one of your vehicles on a regular basis. Your child will still be a listed driver on your insurance policy but he/she will be changed to an infrequent operator. Your child is still covered if they return home for summer vacation or a holiday break.

Generally, there is a distance requirement for this discount – meaning that the student may have to be attending a school 50 or 100 miles away from home but it’s definitely worth asking your agent. If it’s a discount you qualify for, then you deserve it!

Insure with Denver Insurance LLC and we are happy to always review your policies for potential discounts. Make sure you are getting the best and cheapest auto insurance in Colorado. Contact us today!

T-lock shingles were a popular option for your roof 12+ years ago. A T-lock roof is intertwined to make a “T” shape (displayed in the picture). The shingles were designed to withstand high wind gusts. The problem is that these shingles were discontinued in the mid-2000’s. Here’s what you need to know about T-lock shingles insurance

It is tough to get proper home insurance coverage if your home has the T-lock shingle. The insurance company cannot simply replace a handful of shingles if a small portion of your roof is damaged. Most reputable insurance companies will not insure these homes and if they do, generally, it is with a higher deductible or actual cash value coverage. Actual cash value coverage means that there will be a depreciated value for your roof so you have a higher out-of-pocket obligation.

 T-Lock shingles T-Lock shingles

If you are buying a home with T-lock shingles, you might consider making the seller replace the roof as part of the closing terms. If you have a T-lock roof on your home now, check to make sure your current home insurance policy is replacement cost. You will likely want to keep that existing policy until you get a new roof. Many existing policies will have the replacement cost “grandfathered” into the policy. If you are shopping for insurance and have a T-lock roof, make sure the insurance agent and insurance company know the type of roof on your house.

Feel free to contact us if you have any questions about insuring T-Lock shingles or finding a reputable replacement.

Or spend 2-minutes to fill-out this quick quote homeowners insurance form

The same insurance coverage from your personal auto insurance policy will extend over to that rental car. So if you have comprehensive and collision coverage (commonly called full coverage) then your rental car will be repaired/replaced if it is damaged in your possession. You will be responsible for your deductible.

Rental car companies offer an add-on called collision damage waiver. By purchasing this waiver, any insurance claim would go through the rental car company – not your personal auto insurance. Typically, there is not a deductible if you purchase this waiver.

Of course, there are some restrictions on your personal auto insurance policy:

  • You will want to make sure that only the drivers on your personal auto policy are driving the rental car.
  • Most insurance companies have a limited number of days that you are covered to rent the car – usually it is 30 days.
  • Coverage will generally only apply in the U.S.
  • The rental car company can still choose to charge you for loss of use. Loss of use could apply if the vehicle is being repaired and they are unable to rent that vehicle out during that time period.

Each situation can be unique so please contact us with any specific questions.