Home Insurance in Colorado
Everyone needs an insurance policy to protect the place they call home, even if they don’t own a home. Homeowners insurance doesn’t just include home insurance, but it also includes insurance policies specifically designed for condo owners, renters, and landlords. At Front Range Insurance Services, we’ll help you find the right type of insurance for your home -- regardless of what type of dwelling you call home -- as long as you have some place in Colorado. Here’s a breakdown of some of the types of homeowner's insurance that we can help you find.
Home Insurance for a House
If you own a house, you need a home insurance policy. In fact, lending institutions usually require that homeowners who have a mortgage with them maintain certain levels of home insurance coverage. After all, few people can afford to replace their home if something happens to it.
Home insurance, the most comprehensive type of homeowners insurance, has several different coverage options. Specific coverage and limits vary from policy to policy, so you should carefully review your policy’s terms and conditions. Some common coverage options that home insurance policies often include are:
- coverage for your house
- coverage for other buildings on your property
- coverage for your personal possessions
- liability coverage
Condo Insurance for a Condo
Designed for condo owners, condo insurance is similar to homeowners insurance. There is one significant difference, though. Home insurance generally includes coverage for the house, including all of its walls, wiring, plumbing, and other structural elements. Condo insurance, however, usually doesn’t include coverage for the condominium building.The building is typically insured by a master insurance policy provided by the Homeowners Association (HOA).
Condo insurance may include coverage for large appliances, cabinets, and counter tops. Condo insurance almost never covers stairways, elevators, hallways, and other structural elements outside of your specific condo, though. After all, you own your condo but you don’t own the other parts of the building that you're condo is in. Therefore, it’s not your responsibility to insure them.
Condo insurance also has coverage for your personal belongings and liability coverage, like home insurance does. At Front Range Insurance we specialize in helping you understand what protection you need for your condo and we can help find you the right protection.
Renters Insurance for Tenants
Renters insurance usually is less comprehensive than either home or condo insurance, because tenants have less to insure. Renter’s insurance is typically made up of personal property coverage and liability coverage. It doesn’t usually include coverage for buildings, such as the house or apartment you rent. Since you don’t own the building you live in, you don’t have to insure it; that is your landlord’s responsibility. However, as a tenant you want to make sure that all of your personal belongings are protected in the event of a loss to your home. Let us help you find the right amount of coverage at an affordable price.
Dwelling Fire Insurance for Landlords
Dwelling fire insurance is designed to protect what renters insurance doesn’t cover: the dwelling that a tenant lives in. Dwelling fire policies may include liability coverage and other coverage for additional structures on a rental property. These policies are meant for landlords, who don’t own the belongings inside a property, but still need to protect their rental property.
Knowledgeable, Experienced Insurance Agents
Understanding precisely which type of homeowners insurance you need can be difficult, and selecting the right coverage and limits quickly becomes confusing if you’re on your own. At Front Range Insurance Services, however, our independent insurance agents would be happy to find the right type of home insurance. If you have a home in Littleton, CO, the Denver Metro area, or anywhere in Colorado, home insurance agents at our office are ready to help you compare policies from a number of insurance companies in Colorado. Give us a call today to speak with one of our agents.