Should You Get Life Insurance for Your Child?

As a parent, you are always concerned about your kids. While getting life insurance in Colorado Springs, CO may not be on the top of your list for your children, it comes with a lot of benefits. An agent at AmPro Insurance LLC can help you get started with the right policy.

It can be harder to get life insurance as an adult in Colorado Spring, CO, which is why it can make sense to get life insurance for your child. A whole life insurance policy means that even if your child develops a medical condition, later on, he or she won’t lose coverage. It’s a great way to ensure a lifetime of financial security.

Life insurance premiums are based on your child’s health and age when you apply. This means that if you get life insurance when your child is healthy and young, you can lock in affordable rates. Even as an adult, your child will be paying the same amount.

Whole life insurance also builds cash value, which is money set aside with each payment made. The longer you have the policy, the more value the policy accumulates. It can be thought of as a small nest egg for the future. When your child turns 18, coverage can double at no additional cost. This means that he or she will have better protection and still be paying the same premiums as in childhood. When your child turns 21, there can be the option to keep the policy or get the available cash value in return. If you encounter any financial difficulties while your child is growing up, you can also borrow against the policy.

Life can be unpredictable. A life insurance policy can provide greater peace of mind and financial protection should the unthinkable happen.

Contact AmPro Insurance LLC to get a quote for life insurance. 

What I Need to Know About Auto Insurance in Colorado

For many people in the Colorado Spring, CO area, driving a car on a daily basis is a practical necessity. Without one, it will be impossible to get to work, school, or to run errands. When you do drive a car in Colorado Springs, it is important that you know your auto insurance requirements. There are several things that you need to know about auto insurance in the state of Colorado.

Liability Requirements

The first thing to think about when you are shopping for an auto insurance policy in Colorado is your liability requirements. In this state, you are required at all times to carry a minimum level of liability insurance whenever you are driving. In this state, you will need to have bodily injury coverage of at least $50,000 per incident and $25,000 per injured person. Additionally, you will need to have $15,000 in property damage liability coverage. 

Other Coverage Needs

While a Colorado Spring, CO driver may not be legally obligated to have it, getting collision and comprehensive coverage is also usually a good idea. This type of coverage will provide you with protection for many different situations that could result in a loss, including theft or accident damage. While not required by law, your auto lender or lessor will normally require you to have it as long as your obligation is outstanding. 

As you are shopping for auto insurance in Colorado, a great place to start looking is through AmPro Insurance LLC. When you contact the team at AmPro Insurance LLC, you will learn a lot more about all of the different auto insurance options that you have. This will allow you to choose a car insurance policy that properly matches your needs and various requirements. 

Look for these 3 features when choosing your commercial insurance policy

Choosing the right commercial insurance policy is an important part of protecting your business. Whether you are just starting out, or are an established business that wants to make sure that your insurance is keeping pace with your company’s growth, the team at AmPro Insurance LLC is here to help. We are proud to serve the insurance needs of businesses located in the greater Colorado Springs, CO area, and would welcome the opportunity to work with you too. 

Check for these 3 features when choosing your commercial policy

• Fleet coverage – if your company relies on commercial vehicles to get the job done, make sure that they are protected from loss, theft, or damage, and that you have coverage in case they become inoperable. Make sure that your business keeps rolling even if you can’t get out on the road.

• Business interruption protection – if there is a covered event that prevents you from conducting business, you can still continue to operate until your production is back up online when you have business interruption protection. Don’t let an otherwise covered event put you under!

• Comprehensive liability coverage – don’t let a slip and fall suit or other frivolous litigation affect your bottom line. When you have adequate liability insurance you can be protected from such potentially devastating events. If your firm operates in a highly litigious industry, it is worth looking into an umbrella policy to boost your overall coverage level. 

Choosing an appropriate commercial insurance policy can help to prevent a lot of headaches down the road. If you are a business owner in the greater Colorado Springs, CO area, contact the team at AmPro Insurance LLC today and learn more about your commercial policy options. 

Protect your family home with a comprehensive homeowner’s policy

Your family home is a safe and comfortable place where you can relax and disconnect from a hectic world. Without a comprehensive homeowner’s insurance, you can be leaving your family open to having to relocate away from your home because of losses that aren’t covered by a basic, primary policy. There are a lot of benefits to a comprehensive policy and the team at AmPro Insurance LLC is here to help you review your options and determine which policy is right for your Colorado Springs, CO area family home.

Benefits of a comprehensive homeowner’s policy

There are many benefits to a comprehensive home insurance policy, with coverage for alternative housing if your home is uninhabitable due to a covered loss. There are many situations where you will have to leave your home while it is being repaired. When you have a comprehensive policy there are optional features that will cover such expenses. Rather than have to impose on friends or family, for a place to temporarily relocate, your insurance will have it covered. Imagine the stress of a major catastrophe happening to your beloved home and the amount of stress that it will cause. When you have a comprehensive policy, you can lessen the amount of stress and disruption that your family experiences.

Working with a local agent can be a huge benefit if you ever do experience a major loss. They will be there for you throughout the entire process and help you navigate the sometimes confusing process of filing a loss claim. 

Let’s review your home insurance policy options today! Call or stop by AmPro Insurance LLC, and we can take a look at the homeowner’s policy options that are available to protect your Colorado Springs, CO family home.