Auto (Personal Passenger Vehicle)
Whether you are driving to work or to your next adventure accidents happen! Auto policies are incredibly diversified and coverage can be designed specifically to each auto. Do you only drive minimal miles? Have you recently taken defensive driving class? What about that crack in your windshield? Landmark Insurance Group can design a policy based on your specific auto needs.
There are also so many additional coverages that can protect you like; trip interruption protection, extended coverage to car rentals, full glass, road side assistance, and guaranteed replacement cost.
Did you know Colorado has one of the highest populations of under and uninsured drivers? Are you carrying high enough limits to protect yourself and other passengers in case of an accident by an at-fault, uninsured driver?
Insuring antique and classic cars calls for knowledge of the hobby as well as familiarity with the restoration process. Not all policies for these vehicles are alike, and a 1965 GTO may be better insured in one company, while a 1925 Rolls Royce might be better insured in another. Coverage more than price of the policy becomes the governing consideration when insuring these type of vehicles.
With over thirty years of experience in collecting, restoring, and insuring antique and classic cars we have the knowledge to assist in the process of placing coverage, as well as making sure that the claims process goes smoothly in the unfortunate instances where coverage is triggered.
We are also capable of insuring these vehicles in transit either behind your truck, or a common carrier. We insure both collectors and dealers, and are familiar with the risks and exposures inherent in both activities.
Landmark Insurance Group understands that when it comes to your home you are protecting one of your most valuable assets. Not only are you financially invested in your home but the majority of us are also emotionally tied to the memories.
All states have their own specific risks and it is important to know the high risk areas and ensure your insurance will respond in case of a catastrophic loss. For example; Colorado is considered a high risk state by most insurance carriers due to the risk of wildfires, less traveled mountain roads, distance from fire departments, recent hail losses and many other factors.
It is important to not only know the risk you face but understand how your insurance coverage responds. We also recommend to place your home and auto with the same insurance carrier to avoid gaps in coverages but also duplicate coverages.
Traditional Homeowners Policy
There are more coverages available on a Homeowners policy than you think. There are also coverages that you should have that are not included in a basic homeowner’s policy like; Water Backup & Sewer and Ordinance of Law.
Also, depending on the occupancy and ownership, you could be eligible for a different policy specific to your risk. This means accurate coverage and possibly a reduced premium.
High Value Homeowners Policy
Most carriers consider a high value home to be valued at $750,000 or more. Underwriting, pricing, and placing insurance on high valued properties results in a longer quoting time and more questions for underwriting consideration.
These homes have a unique exposure, and for the most part, do not qualify under the coverage of a traditional homeowner’s insurance policy. High value homes are large investments and you should ensure your assets and property are protected.
In order to receive an accurate quote and premium a considerable amount of information about the property, location and the owner must be provided. From there, each quote is underwritten individually. Insurance is specifically designed to fit the distinctive risk and exposure for each property. This process can take upwards of a week to fulfill all underwriting criteria for consideration and proper placement.
On average we estimate seven business days to finalize a high value homeowner’s quote. The more time allowed for quoting and consideration, the better the coverage and premium available.
For this reason, most insurance carriers require collateral business in order to place a homeowner’s risk. Depending on the risk and the carrier, they will require a supporting policy to be written with your homeowners, for example: Auto insurance, Personal (Inland Marine) Floaters, Umbrella or another property coverage.
Personal Article Floater
We appreciate the dedication it takes to build a collection, whether it is jewelry, fine wine, comic books or model car sets.
Most homeowners polices will have minimal coverage for high value items like jewelry, furs and fire arms. Scheduling these items on a personal article floater can ensure they are fully covered in the case of a loss. We recommend getting appraisals annually to ensure coverage limits are accurate.
A Personal Article Floater can protect these items in your house and some policies offer international coverage. These items are individually named on this policy with a dedicated value, limit and deductible.
If you have high value or sentimental items they should be insured on a Personal Article Floater.
We recommend Personal Umbrellas to all our homeowners as it increases the limits on all underlying policies and sometimes broadens coverages. Personal Umbrella’s provide a safety net in the event a liable loss exceeds the limits on your homeowners, auto or other personal insurance policies.
Additionally, umbrellas can fill in gaps left by your traditional primary policies. Umbrella policies are incredibly affordable in exchange for the peace of mind they offer.
We provide coverage for recreational vehicles from dirt bikes and ATV’s to highly modified off road vehicles.
Due to the higher risk of operating these vehicles they would be covered on a specific policy listing each vehicle to ensure proper coverage for physical damage and liability.