history of home insurance

Many people are surprised to discover the long history of home insurance. Despite the evolution of the insurance industry over time, many basic principles remain the same. Are you seeking home insurance in Denver, CO? Reach out to Aspen Gold Insurance Brokers. But first, let’s delve into the fascinating history of home insurance.

The Beginnings of Home Insurance

Insurance in various forms, such as for merchant ships or crops, existed before the conception of home insurance. It is widely believed by scholars that the emergence of the first home insurance policies was a direct reaction to the Great Fire of London in 1666. This catastrophic event obliterated nearly 90% of the city’s residences, leaving numerous individuals homeless and financially strained.

The initial objective of home insurance was to provide protection against fires. Home insurance was introduced to the United States by none other than Benjamin Franklin. In 1752, he started offering fire insurance policies through the Philadelphia Contributionship. While Franklin himself was a firefighter, managing fires was a challenging task during those times due to the lack of modern equipment.

The 18th century saw the introduction of mortgages in America. This played a significant role in paving the way for lenders to insist on home insurance coverage for any properties purchased with a mortgage. From the perspective of the lender, home insurance minimizes risk as the property acts as collateral for the loan.

With the rise in popularity of mortgages in the 20th century, home insurance also saw a significant upsurge. Nowadays, approximately 93% of homeowners hold a home insurance policy.

If you’re in need of home insurance in Denver, CO, don’t hesitate to contact Aspen Gold Insurance Brokers. We’ll assist you in finding the ideal plan for your circumstances.

business owners

Why Your Colorado Business Needs Commercial Insurance

The Denver Metro area has a growing business community that includes startups, mid-sized companies, and enterprise-sized businesses. Commercial insurance provides local business owners with an extra layer of security to shield against liability claims, thefts, natural disasters, and workers’ compensation claims.

A comprehensive commercial insurance policy from Aspen Gold Insurance Brokers can insulate your organization from financial losses associated with property damage, data breaches, and cybersecurity threats.

Commercial Insurance Benefits

Investing in commercial insurance is a regulatory requirement for certain business owners. Savvy business owners use business insurance as a proactive measure to shield their enterprise from the devastating financial fallout associated with a business-impacting event.

The following are examples of how Colorado business owners proactively shield their bottom line from extensive losses.

#1 – Business Protection from Extreme Weather Events

A comprehensive commercial policy can provide coverage for damages related to tornados, floods, wildfires, and other natural disasters.

#2 – Property Protection for Leased, Owned, and Rented Spaces

Get coverage for your rented, owned, or leased office and production spaces with a full coverage business policy.

#3 – Liability Coverage for Personal Injury Claims

Get financial support for legal claims that arise as a result of an accident on your premises.

#4 – Insulate Your Bottom Line from Product Liability Claims

Protect your business from product liability claims from dissatisfied or injured customers.

#5 – Keep Your Operations Intact in the Event of a Temporary Shutdown

Business interruption insurance can help keep your operations running seamlessly without affecting your bottom line.

Protect Your Bottom Line with Comprehensive Commercial Insurance Near You

Contact a trusted local insurance agent at Aspen Gold Insurance Brokers to learn more about the benefits of commercial insurance!

Umbrella Insurance Policies

If you’re in Colorado and need information about umbrella insurance, Aspen Gold Insurance Brokers is here for you. We believe in providing a reliable and high-quality insurance policy that meets your needs. Our agents are ready to provide various quotes from multiple insurers, allowing you to select the most suitable option.

Understanding the Need for Umbrella Policy

Before choosing an umbrella policy, it’s critical to comprehend what it provides fully. It is a common misconception that umbrella coverage is unnecessary unless you have notable asset levels. However, this isn’t the case. Nearly everyone can benefit from this additional layer of protection, which goes above and beyond your other policies. Much like an actual umbrella shelters you from rain, umbrella insurance overlaps your other policies, offering broader coverage.

The Added Protection from Umbrella Coverage

Umbrella insurance occurs when you encounter a claim exceeding your other policy limits. For instance, let’s assume you are involved in an incident that surpasses the coverage limit of your auto insurance, home insurance, or other insurance policy. Your umbrella coverage can cover the extra expenditure from such a claim, helping you resolve the issue without jeopardizing your financial stability.

Reach out to Us for All Your Umbrella Insurance Needs

Contact Aspen Gold Insurance Brokers today if you are in the Denver, CO, area and considering umbrella insurance. We’re here to assist you in procuring suitable coverage, allowing you to enjoy more peace of mind. With us, you’ll rest assured that your assets are well-protected and your family’s needs are catered to. So kick back and enjoy family time and adventures. We’ve got you covered.

protecting your motorcycle

If you enjoy taking your motorcycle out in public or traveling for long road trips, there are some things you should keep in mind for safety purposes. When you park your bike in public while you’re working, running errands, or just traveling, you want to keep it safe and protecting your motorcycle from theft using the techniques below.

Lock Your Bike To A Pole

If you have to park on the street or in a parking lot for an extended period, you should lock your bike on something that can’t be moved, like a light pole or column in the parking garage. This makes it hard to steal and deters thieves from trying to take something that would otherwise have been easy to steal.

Audible Alarms Are Great

If someone starts to mess with your bike while it’s parked, it’s likely they will trigger an alarm that you can set, alerting you. This is great when traveling, and some alarms allow you to customize the sound so you know it’s your bike. You want to put it somewhere you know a person will touch but also be inconspicuous around the handles or the seat when they try to mount it.

Park Near Lights and Cameras

When you’re traveling on your bike, you want to get a spot that is close to the hotel camera and also in the light. If the bike is under one of the security lights in the parking lot, it will deter thieves and vandals from messing with it. If you park away from the hotel and in a dark place, your bike may be unprotected and left vulnerable.

If you need a quote for motorcycle insurance or any recreational vehicle in Colorado, our experienced agents at Aspen Gold Insurance Brokers are ready to help.

covered health expenses

Health insurance now offers more extensive benefits than ever. Aspen Gold Insurance Brokers in Broomfield, CO, provides health insurance that covers a range of services, including chiropractic, mental health counseling, and some over-the-counter medications. However, successfully filing a claim requires some work on your part to get reimbursed for covered health expenses. Use these tips to ensure you get properly reimbursed.

Odd Covered Health Expenses

Health insurance might cover unusual items your doctor prescribed, like podiatrist-prescribed shoe inserts, support bras for back pain, wrist supports for Carpal Tunnel Syndrome, knee wraps for post-ALS surgery recovery, sunglasses for post-glaucoma diagnosis, and room (de)humidifiers for asthma or allergy treatment.

Reimbursement for Covered Health Expenses

For businesses that sell specialized products and cannot accept your insurance card, follow these steps to process your reimbursement: Obtain paper printouts of receipts, submit backup documentation showing your doctor’s order for the expense, and take photos of the item in your possession.

Let Aspen Gold Insurance Brokers Help

Serving Colorado, Aspen Gold Insurance Brokers want to ensure your valid claims get honored. Contact us for competitive health insurance quotes.

Navigating Your Health Insurance Made Easy

Health insurance can sometimes be complex to navigate. Knowing what’s covered and how to make a claim is essential. We strive to make this process easier for you. Let our team guide you through the complexities of your policy, ensuring that you are able to maximize the benefits of your health insurance plan. Contact Aspen Gold Insurance Brokers today.

Life Insurance, Aspen Gold Insurance Brokers

Nobody likes to think about why we need life insurance, but it is essential to be prepared for when something happens. Life insurance can help provide your Colorado family with peace of mind at the most challenging time of their lives. However, many people hold off on purchasing a life insurance policy because they have many questions and are unsure which kind of policy is best. Aspen Gold Insurance Brokers is happy to answer all your questions and help you find the best protection for your family.

Term Life Insurance

Many families choose term life insurance because the premiums are less expensive. As the name implies, term life insurance lasts for a specific amount of time, such as 10, 20, or 30 years. Once the term is up, you will either need to renew the policy or purchase a new policy. It may not be easy to renew, especially without paying more.

Whole Life Insurance

Whole life insurance can be more expensive, but you can lock in a better price by purchasing the policy when you are young. Life insurance companies consider factors like age and health, so young, healthy people usually pay less for insurance. With whole life insurance, your premium grows throughout the policy’s life, leading to a larger payout.

Contact Aspen Gold Insurance Brokers for All Your Insurance Questions

Don’t wait until it’s too late to secure the protection your family deserves. If you’re in Colorado, our dedicated team at Aspen Gold Insurance Brokers is here to assist you in finding the perfect life insurance policy tailored to your family’s unique needs. Whether you’re considering a new policy or have questions about your existing one, we invite you to reach out to us today. Your family’s peace of mind is our priority, and we’re just a phone call away. Contact us now to start the conversation, please call Aspen Gold Insurance Brokers today.

Colorado Business Insurance

Colorado business owners can turn to the reliable and knowledgeable team at Aspen Gold Insurance Brokers for all their insurance needs. If you need additional liability protection for your company, it’s time to take a closer look at adding an umbrella policy to your firm’s overall insurance portfolio. Contact us today to schedule an appointment to learn more.

Benefits of Umbrella Policies for Colorado Businesses

If you own a company in Colorado, you’re likely aware of how vital liability protection is for the health of your business. When the liability protection provided by your primary commercial policy is exhausted, you’ll want to have an umbrella policy in place. This policy will provide additional protection from liability that occurs from lawsuits and similar situations.

Without an umbrella policy, and depending on the ownership structure of your business, you could become personally responsible for any amounts that aren’t covered by your commercial or property insurance policies. It’s essential to have adequate coverage to protect your business now and in the future. Our insurance brokers can help you determine which type of policy is right for your needs and the level of coverage necessary.

There’s no reason to go it alone, as our team is here for you.

Consider Us Your Insurance Partner

Aspen Gold Insurance Brokers is proud to call Colorado home. If you need to review your current policies for completeness or want more information about the current umbrella policy options available in our area, we can help. Contact Aspen Gold Insurance today to schedule an appointment to find out more.

We look forward to hearing from you soon!

Motorcycle Insurance Tips

For first-time motorcycle owners in Colorado, our Aspen Gold Insurance Brokers team is used to answering frequently asked questions and offering advice to help you find the right policy. While some motorcycle owners may feel intimidated by buying insurance for their motorcycles, we do our best to make this process as easy and painless as possible. Once you’ve spoken with our team, you’ll feel confident in protecting your motorcycle. Until then, review the motorcycle insurance tips below to help you navigate this process for the first time.

Don’t Wait to Insure Your Bike

One of the most common mistakes we see first-time motorcycle owners make is holding off on getting an insurance policy. If your bike isn’t protected, you’re vulnerable to liability and other concerns associated with owning a motorcycle. Since you can’t get coverage for issues that have happened, you should get coverage before they happen to protect your favorite possession.

Explore Your Options

You probably have some idea of what you’d like in an insurance policy, so you shouldn’t settle for the first motorcycle insurance policy that comes your way. Our team will help you explore different policies and give you an idea of how much coverage you need based on different factors. At Aspen Gold Insurance, we will search multiple insurance carriers and find the best policy that fits your specific needs to make sure you are fully covered without overpaying for parts of a policy you made not need.

Ask for Help

It can be hard to ask for help, but you’ll need it as a new motorcycle owner. Please leave it to us to help you find the right insurance policy and amount of coverage for you. If you’re unsure what something means or what’s available, you can ask us questions so we can offer solutions.

For motorcycle owners in Colorado, call our team at Aspen Gold Insurance Brokers today!

about Teen drivers

For many teens, getting a driver’s license ranks among the biggest milestones in life. Having a license and owning a car can provide teens with perhaps their biggest taste of freedom. However, parents should be aware of some crucial factors about teen drivers, such as the need to get an appropriate auto insurance policy. If you’re looking for an insurance provider serving Colorado, contact Aspen Gold Insurance Brokers to discuss policy options for your teen.

Teenage Drivers Are Classified as High Risk

Operating a vehicle optimally can take many years of practice. Teenagers, however, usually don’t have that much experience under their belt. As such, they may be more prone to getting in car accidents. Fortunately, the right auto insurance plans can provide coverage.

Further, distracted driving is, unfortunately, one of the biggest causes of auto accidents. Many teens are constantly using their phones or using other gadgets. This may make them more prone to getting into accidents. It’s crucial to teach kids not to text and drive. It’s also wise to select a low-risk car for your teen. You may want to avoid performance vehicles for the time being.

In many cases, auto insurance premiums will be higher than for adults. Of course, the specifics often vary, and it’s wise to speak with a car insurance agent. Parents may also be able to put their children on their own insurance plan. Parents should also remember that they may be found liable for their children in some situations.

As you can see, there are many factors to consider with teenage drives. If you’d like to learn more or are shopping for an auto insurance policy, compare insurance quotes with Aspen Gold Insurance Brokers, which serves Arvada, Wheat Ridge, Golden, Westminster, Broomfield, Superior, Louisville, Lafayette, Erie, Thornton, Commerce City, Denver, Aurora, Greenwood Village, Parker, Castle Rock, Lone Tree, Highlands Ranch, Centennial, Littleton, Lakewood, Fredrick, Firestone, Brighton. Adams County, Douglas County, and the entire Denver Metro Area and beyond.

Winter in Colorado can be a breathtaking experience, with its snow-covered landscapes and crisp mountain air. However, it also brings its fair share of challenges, especially when it comes to driving. At Aspen Gold Insurance Brokers, we understand the importance of staying safe on the road during the winter months. That’s why we’re here to provide you with essential tips on preparing your vehicle for winter driving in the beautiful but often unpredictable Colorado climate.

1. Winter Tires

One of the first steps in preparing your vehicle for winter in Colorado is investing in winter tires. These tires are specifically designed to provide better traction in snow and icy conditions, which are common occurrences in the state. Winter tires can significantly improve your vehicle’s stability and control on slippery roads.

2. Check Your Battery

Cold weather can be tough on your vehicle’s battery. Ensure that your battery is in good condition and fully charged. A weak battery can leave you stranded in freezing temperatures, so it’s wise to have it tested and replaced if necessary before winter sets in.

3. Maintain Fluids

Check all your vehicle’s fluids, including engine oil, transmission fluid, and coolant. Using the appropriate type of oil for colder temperatures can improve engine performance. Make sure your antifreeze is at the correct level to prevent freezing, which can cause engine damage.

4. Inspect Brakes

Properly functioning brakes are crucial for winter driving safety. Have your brakes inspected to ensure they are in good working order. Icy roads require more stopping distance, so reliable brakes are a must.

5. Replace Wiper Blades

Visibility is key during winter driving. Replace your old wiper blades with new ones designed for snow and ice. Keeping your windshield clear of snow and slush is essential for safe driving.

6. Prepare an Emergency Kit

In case you encounter unexpected challenges on the road, have an emergency kit in your vehicle. Include items like a flashlight, blankets, non-perishable food, a first-aid kit, and jumper cables. Being prepared can make a significant difference in a winter emergency.

7. Keep Fuel Levels High

Try to keep your fuel tank at least half full during the winter months. This prevents condensation from forming inside the tank, which can lead to fuel line freeze-ups.

8. Monitor Weather Conditions

Before heading out, check the weather forecast and road conditions. If conditions are severe, consider postponing your trip if possible. Staying informed can help you avoid treacherous driving situations.

As a responsible driver in Colorado, preparing your vehicle for winter driving is not just a precaution; it’s a necessity. These steps can go a long way in ensuring your safety on the roads during the snowy months. Remember, your safety is our priority at Aspen Gold Insurance Brokers, and we hope these tips help you enjoy the beauty of winter while staying secure on the road. Drive safely!