Month: January 2018

Defensive Driving Course

So You Need (or Want) to Take a Defensive Driving Course

Whether you were caught speeding (or worse), you’re looking for a discount on your car insurance, or you simply want to be a better driver, there are a wide range of defensive driving and driver improvement courses available in Denver and throughout Colorado these days.

But, which is right for you? Here are five tips to help you decide:

  1. Check with your state or municipality. If you’re taking training to avoid a traffic infraction, not just any course will do. You’ll need to take an approved course – ask for a list before signing up.
  2. Check with your insurer. The same goes if you’d like to save on your car insurance. Your carrier may only offer a car insurance discount for completing certain courses. Also, ask how much your discount will be — this will help when it comes time to choose a course.
  3. Choose the type of course. There are online and classroom options, typically ranging from 4-12 hours depending on the course material. And, there are advantages to each. Online courses offer convenience (and sometimes a lower cost), while in-person settings can provide more interaction.
  4. Determine how much you want to spend. If you’re trying to avoid a ticket (and a potential increase in your insurance premiums), the cost might not be much of an issue. If you’re taking a course to receive an insurance discount, however, make sure the total discount you’ll receive is greater than the cost of the course.
  5. Check out the reviews. Online review sites, such as Yelp, can show you what others thought of a course. Keep in mind, people who felt “forced” to take a course might have a biased opinion, especially compared to someone who took the course willingly.

No matter why you’re considering a defensive driving course, at Badger Insurance Advisors, we’re happy to help you weigh the pros and cons. The biggest pro being, once you complete your training, you’re likely to be a little more careful the next time you get behind the wheel. And, that always pays off!

2018 New Year’s Resolutions

2018 New Year’s Resolutions:  Homeowners Insurance

When it comes to homeowners insurance, you have two components to consider:  the dwelling and your possessions.

Throughout Colorado, real estate prices have been climbing steadily.  Aside from our well-known homeowner’s risk (hail storms), increasing home values, along with rising building material costs are issues that impact our costs of insurance.  

When considering your possessions, think about the following:

  • Do I have more stuff now than when I initially purchased my homeowner’s policy?
  • If a catastrophe occurred, what would be the financial impact?

Taking a regular inventory of your items helps to figure out if you have the adequate amount of homeowner’s insurance.

Regarding your stuff, The National Association of Insurance Commissioners (NAIC) offers a free smartphone app, myHOME, which is an excellent tool to help you determine how much insurance is necessary.  (Available for both iPhone and Android)   From the Google Play Store:  The MyHOME home inventory application lets you quickly capture images, descriptions, and serial numbers of your prized possessions. The app organizes information by room or by category and even creates a backup file for email sharing.  It is great for determining how much insurance you need and for filing a claim.