While there are a number of young people in Littleton, CO who meet with Front Range Insurance Services, they are not always aware of the importance of life insurance during the earlier stages of adulthood. To find out more about the five reasons why life insurance is important when you are young, be sure to read on and learn more.

1. Less Expensive

Buying life insurance at a younger age comes with one obvious benefit: a much lower price. The younger you are, the less you can expect to spend on a life insurance policy. Those who are young and in peak health do not pose the same level of risk to the insurance company.

2. Avoiding Costly Funerals

Death is unexpected and when we do not obtain a life insurance policy, we are leaving our friends and loved ones with a sizable bill to take care of. Even a smaller life insurance policy gives your loved ones the financial assistance they need in this regard.

3. Built-In Savings

Term life insurance and whole life insurance both provide savings benefits for young people. Term life comes with a cheaper premium but whole life insurance allows a young person to enjoy greater savings over time. Since you will eventually need to purchase such a policy, why not get an early start?

4. Caring For Your Children

Once you have a child of your own to look after, a life insurance policy is an absolute must. Making sure that your children will be taken care of in any worst-case scenario is in your best interests.

5. Supplementing Your Employer’s Insurance Policy

The life insurance policy that your employer provides may not provide all of the necessary protection. If so, this is an indication that you should be purchasing your own before your employer benefits become woefully insufficient. 

Young people who reside in Littleton, CO and the surrounding areas who would like to learn more about the importance of life insurance should pick up the phone and give Front Range Insurance Services a call as soon as possible. 

If you are like many homeowners, you may have purchased a home insurance policy when you first moved into your house and not given it a moment of thought afterward! As the years progress, your home insurance needs may change, while many circumstances will remain the same. If you have a base home insurance policy it will include liability coverage, coverage for your belongings, and will include your dwelling structure as well as any outbuildings included on your property. The team at Front Range Insurance Services is proud to serve the greater Littleton CO area and provide the knowledge and assistance that can help you effectively manage your insurance portfolio. 

All Structures on Your Property Are Covered With a Comprehensive Home Insurance Policy

There are many homeowners that have a detached garage, workshop, or shed that are separate from their main dwelling structure. It is typical for your base home insurance policy to cover all structures located on your property, excluding a few certain uses. If you are unsure if your workshop is covered by your base policy, it is always a good idea to have your home policy reviewed for completeness and to ensure that your coverage levels are adequate. As long as you are not using your workshop for a prohibited purpose, the structure will be included in your home insurance coverage. Knowing that you have adequate protection and coverage of your home and your belongings is a great way to set your mind at ease and concentrate on your family!

Are you ready for a comprehensive home insurance review? Contact us at Front Range Insurance Services to schedule a consultation today. We are proud to serve the insurance needs of our friends and neighbors in the greater Littleton, CO area!

Considering the different unique features of businesses, commercial insurance differs considerably from one business to another. Getting a basic commercial insurance policy is definitely a great idea. Nevertheless, having a few specialized add-ons on your coverage may be of great help.

The basic commercial insurance policies include property and liability insurance since these are the standard and crucial coverage for most businesses. There are various categories of commercial insurance policies and as a business person, understanding these three common types of commercial insurance can help safeguard your business.

1. Business owner’s policy

A business owner’s policy provides various types of commercial insurance and is believed to be very affordable. The cost of purchase for this coverage plan is usually lower than buying the coverage separately. Deciding whether the BOP is the right option for your business, however, depends on the nature of your business since professional liability insurance, workers compensation and auto insurance are not encompassed in a distinctive BOP policy.

2. Business property insurance

This insurance cover protects your business property from any damages. It is suitable for services and retail businesses. They are commonly intended to guard structures and office inventory or documents.

Since not all policies will properly cover all your property, purchasing additional property coverage is very important to cater for any unexpected risks. Add-ons such as builder’s risk insurance, machinery insurance, and crime insurance which commonly not included in a basic policy are to be considered for any business or corporation.

3. General liability insurance

In general, with a business emanates a lot of liabilities. All businesses however big or small they require some form of general liability. General liability covers a range of indemnities to third parties or their property. Getting enough liability coverage will be of great help to you and your business. In addition, purchasing add-ons than what the general liability policy offers including errors and omission coverage, commercial auto insurance, malpractice insurance, and cyber liability will help cover many more costs.

At Littleton, CO, Front Range Insurance Services, we offer commercial insurance services for all kinds of business. Our experienced and dedicated team is always ready to assist you. Visit us today for a swift process and insurance advice.

If you’re the primary breadwinner for your Littleton, CO area family, chances are you worry about what could happen to them when you pass away. A life insurance policy offers a financial safety net for your family to fall back on during those tough times. Front Range Insurance Services can help you choose between a whole life and term life insurance policy.

What Whole Life Insurance Offers

Whole life insurance provides lifelong coverage in case the unthinkable happens. Since the policy remains in effect throughout your entire life, this ensures that your named beneficiaries will receive their benefits no matter when you pass on. In addition to paying out upon death, a whole life insurance policy also accumulates cash value that can be borrowed against or withdrawn throughout the life of the policy. Whole life insurance plans typically carry a higher initial cost, but those costs will decrease the longer your policy is in force.

What Term Life Insurance Offers

While a typical whole life insurance policy covers you for your entire life, a term life insurance policy only covers you for a specific period of time. You can choose how long the coverage lasts, from a 1-year term to a 30-year term, in most cases. Term life insurance policies also lack the ability to accumulate cash value and only pay out death benefits if you pass away during the term. Term life insurance policies offer an affordable option for first-time life insurance buyers. When you’re ready to step up to a whole life policy, you can have your existing term life policy converted.

The agents at Front Range Insurance Services can help you choose the life insurance solution that best fits you and your family’s needs. We proudly offer our services throughout the Littleton, CO area, so contact us today to receive a quote.

For those renting a home or an apartment there is really no law that requires you hold any sort of insurance policy to protect belongings. In the cases where individuals do not have any policy, they take the risk of having to deal with the consequences should something terrible happen to their rented home. There are ways to prevent this type of issue however with a simple renter’s policy. For those that live in the Littleton, CO area, the agents with Front Range Insurance Services can help.

Renter’s insurance first and foremost acts much like a homeowner’s policy would should there be something like a fire, a break in, or other destruction of personal belongings. When you enter into a lease agreement the land lord is not responsible for the cost of replacing your items should they become destroyed. It is always helpful to have a renter’s policy in place to protect your property.

A renter’s policy covers things like personal property up to a certain dollar amount, it may help cover the cost of a hotel room or temporary housing until you find a new place to live, it will help cover medical costs and more. These are all things that you should think about if you are renting as you will have to pay out of pocket if you do not have any coverage.

A renter’s policy is an easy and often inexpensive way to prevent total destruction of your personal property and the need to start over again if something were to happen. You can speak with an agent at Front Range Insurance Services if you live in the Littleton, CO area to find out more about what type of renter’s policy is right for you and your particular needs and situation.