Category: Auto Insurance

Adding a new teen driver to your auto insurance can be an enlightening experience. It can also be a maturing and learning opportunity for your teen. If you live in the Falcon, CO area, Pikes Peak Insurance Agency can help.

Keys to a better experience can include setting appropriate expectations for teens.

Emphasize Keeping a Clean Driving Record

New driver-moving violations can carry severe penalties. These may not only include limited driving privileges but also an increase in insurance rates. Have a serious sit-down discussion with your teen about how critical it is for them to drive safely and obey traffic laws.

 

Understanding Insurance Responsibility

While it may not be an option to have your teen pay for their own auto insurance coverage, they should bear at least some small responsibility. This may be through maintaining good grades or additional chores at home.

Understanding The Situation Can Be Temporary

Both you and your teen should understand the critical importance of these first few years of driving. Set guidelines for when your teen can drive and how many passengers are appropriate. Discuss the dangers of distracted driving. This is more than a parent being a parent. It is about guiding your teen into responsible adulthood.

Insist on a “Safe” Car”

Cars with good safety ratings can translate to lower rates and safer travel. Set expectations that, as long as they keep their driving record ticket and accident-free, a sportier car may be earned as they prove themselves.

Explore Your Options

At Pikes Peak Insurance Agency, we serve Falcon, CO area families with car insurance for everyone. We can search for offers like those that may be available for multi-car families and good students. We may even be able to help with bundling. Reach out to us to discuss your teen driver and to get an auto insurance quote.

Set the right expectations for your teen driver and set them on the road to safe and responsible driving.

For those that are living in the Falcon, CO area, owning a car is a great idea. When you are a vehicle owner here, you will have a much easier time getting around the community and surrounding areas. When choosing a new car to buy or lease, you also need to consider your insurance needs. There are various reasons why having an auto insurance plan is a necessity for car owners here. 

Coverage is a Requirement

A reason that many people in this part of Colorado will want to have an auto plan is that it is a requirement. If you want to drive any type of vehicle on a public road in this state, you will be required by law to carry at least liability insurance. This can ensure that you are able to cover any damages that may be caused in an accident and not having coverage can come with various consequences. 

Financial Support

It is also a good idea to have an auto insurance plan because it provides financial support and protection. When you are insured with an auto policy, it will give you coverage to replace or repair your car if you incur certain forms of loss. Further, it will ensure you have resources if you need to pay for damages that are caused in an accident. 

Give Us A Call

Having an auto insurance plan is always a good idea if you are a car owner or lessor in the Falcon, CO area. When you are looking to buy a car here, it is imperative that you speak with our team at Pikes Peak Insurance Agency. As you are looking for coverage, our professionals at Pikes Peak Insurance Agency can answer your questions and use their experience and knowledge to help you build a plan that is ideal for your situation. 

If you’re looking to update your auto insurance policy, the Pikes Peak Insurance Agency is here to help. We hope to provide all drivers in or around Falcon, CO with solid, affordable insurance policies they can rely on.

Here are three great reasons to revisit and update your auto insurance policy today.

Why Update Your Auto Insurance Policy

1. Your Driving Record

Tickets and accidents can be removed from your driving record after a certain number of years have passed. This time span is typically between three and five years. Cleaning your driving record periodically can help you keep your insurance rates down.

2. Changes to Your Job

Changes in your commute can actually change your premiums. Changing your commute can alter your perceived risk factors and actually net you a different insurance rate. So, it’s a good idea to check in with your insurance if you change jobs or working locations, to see how this might affect what you pay.

3. Moving

Moving is always stressful, whether it’s across town or across the country. It also comes with a bundle of new considerations when it comes to insurance. For example, you may qualify for a ‘homeowners discount’ if you were previously renting and now own your home. Your new neighborhood may have different rates of crime, traffic, and other factors that your auto insurance looks at when setting prices.

Give Us A Call

Reach out to us at Pikes Peak Insurance Agency, and let us help you navigate revisiting and updating your auto insurance policy. If you’re in or around the Falcon, CO area, we’re here for you! We know insurance can feel overwhelming, and we’re committed to answering your questions and getting you a policy you feel comfortable with.

Pikes Peak Insurance Agency serves the Falcon, CO community. For over 10 years, we have helped our clients find policies that align with their individual needs. We work with multiple carriers throughout the state to provide different options. We will sit down with you, help you assess your options, and find a policy that aligns with your situation.

Why Liability Insurance Is An Important Part Of Auto Insurance Policies

Auto insurance protects your vehicle as you travel around the Falcon, CO area. An auto accident can occur at any time, which is why you need protection. Collision coverage protects your vehicle if it suffers any damage due to contact with another vehicle or object such as a pole. Comprehensive coverage protects your vehicle in unique situations. You have a safety net in place if your vehicle is stolen, set on fire, vandalized, or damaged because of inclement weather.

Liability coverage is an important part of your policy. Colorado is known for its high traffic throughout the state. It only takes a split second for something to go wrong. Liability coverage protects you if you are ruled to be at fault for your vehicle causing damage to another person or object.

Bodily injury protection covers you by taking care of the injured party’s treatment and rehabilitation. If you cause damage to somebody’s property or an object, you will be covered while the items are repaired. This helps you avoid possible legal action. Liability coverage helps you protect your assets. If you are held liable for a severe accident, you can add umbrella coverage for an extra layer of protection.

Pikes Peak Insurance Agency Will Help You Protect Your Assets

Visit our website to learn more information about auto insurance.

Driving is a privilege that, as Americans, we take for granted. If you live anywhere, but in a large city, you probably have limited public transportation access, making your own vehicle necessary. With a vehicle come requirements such as upkeep and state-mandated insurance coverage. Pikes Peak Insurance Agency in CO is locally owned and operated and has been serving this area of Colorado for 15 years.

Colorado requires you to carry liability insurance. Liability protects the other driver in an accident where you are the at-fault driver. Liability insurance helps to pay for the medical bills of someone injured, but it also allows payment for a pain and suffering suit and damage to personal property. The dollar amount of insurance residents must carry $25,000 for the injures of one person with up to $50,000 for any single accident with multiple injuries and $15,000 for the property damaged.

This is fundamental coverage, as anyone who has been to an emergency room can tell you, especially if a legal case is filed against you. The property limit is also not enough to replace a new car. While you may not need to have more coverage legally, you may very well want to add additional coverage to protect yourself.

If you are leasing a vehicle or have a car loan, you will need to have additional insurance required by the lessor or lender. They need to protect your vehicle, which they have a vested interest in.

When you are looking for an independent insurance agent who will be there for you today and when you need to file a claim, Pikes Peak Insurance Agency in CO is the one to consider. Please stop into our office or give us a call to get a no-obligation quote.