At what age is it too late to buy life insurance?

Almost no one uses physical mail anymore, instead preferring to communicate by email and pay bills online. Almost the only mail people get are coupons and ads, including ads offering great insurance rates for the very young.

At Alliance General Insurance Agency, we help people of all ages in Denver, CO with every kind of insurance need. You are never too old to buy life insurance, but there are some important tips you can learn so you can decide when you want to purchase a policy for yourself and for your loved ones.

The Advantages of Buying Young

When you buy a life insurance policy for a baby, you can lock in the lowest possible premium. As you get older, the price goes up depending on your age. You can also get a smaller premium by starting earlier and getting a longer term if you are getting term life insurance.

Whole life or permanent insurance policy will also cost less if you sign up when you are younger. Because a whole life insurance policy will pay out whether or not you die, the early you start the quicker you can accumulate a larger cash value.

Is It Pointless to Buy When You’re Older?

One of the disadvantages of buying when you are older is that you will almost certainly have to undergo a physical exam. You are simply more of a risk if you are older and/or unhealthy.

You can be strategic when buying a policy if you are older. The death benefits will still help your family at a very important time, but you can plan how much is necessary. An agent at Alliance General Insurance Agency will be happy to help you get the best life insurance for your needs in Denver, CO.

Home insurance coverages in Denver CO

Purchasing a homeowners insurance guarantees financial compensation in the event of damage or destruction by storms, fire, and theft. The home is probably one of the most significant financial investment in Denver, CO. It does not just protect you from the dangers that come with this litigious society but also covers for your family and friends. Therefore, you wouldn’t want to compromise your family’s security by not having a home insurance policy.

However, you need to be well informed about all the basic coverages and the optional premium coverages. At Alliance General Insurance Agency, we guide and advise homeowners on the various options they can get based on their budgets. So, what does home insurance cover?

  • The home: This includes all the components that make the house and its surroundings. They include the floor, walls, and the roof.
  • Other separate structures: This policy covers the structures that are in the compound but not attached to the house. They include the stand-alone garage, the fence, and the shed. 
  • Personal property: This is one of the most essentials in a home insurance policy. It covers all yours and your family’s personal items like clothes, appliances, furniture, electronics and more.
  • liability: This policy protects you against lawsuits from other parties due to bodily harm that happened in your house or that you or your family members may have inflicted on someone else.
  • loss of use: In case your home is brought down by fire or earthquake which renders it unlivable, this policy will help you find a temporary home 

Your house is where you keep some of your most pricey items, it is where families and memories are created. Let Alliance General Insurance Agency help you safeguard it by providing you with various comparable policies. Our insurance experts can also advise you on the best package. Call us or visit us in Denver, CO today. 

My Employees Deliver With Their Personal Vehicles. Do I Need Commercial Insurance?

Did you know that delivery services are one of the most dangerous jobs in Denver, CO? With plenty of traffic and endless construction, it should come as no surprise that accidents are a common occurrence. If your company owns delivery vehicles, they absolutely need a commercial policy, but some companies make deliveries with employee-owned cars. When that is the case, do you still need a policy? Alliance General Insurance Agency has the answer.


The first thing to understand is that you may be held liable in the case of an accident. Even though your business doesn’t own the vehicle, the driver is representing your company. In the case of a lawsuit, the company is more frequently targeted than the employee. It’s a simple numbers game — businesses usually have more money than any individual driver. For this reason, you need some kind of liability insurance for your drivers. This doesn’t necessarily have to be a commercial policy, but that is a common way to address the issue.


The business is a more likely target for a lawsuit, but that isn’t the only way you can be hurt financially. If your employee driver is at fault, things can get rather complicated. Typically, a combination of driver and vehicle will be responsible for covering damages. In your case, you might think that it leaves you in the clear, but some situations can get complicated and leave you with the build regardless. What is more important is that personal insurance will not cover your employee or their vehicle. They absolutely need commercial insurance. The question is whether they will have to purchase it themselves or if you will provide it as a perk.

If you want to make sure your business and employees are protected, have a chat with your Alliance General Insurance Agency agent. They can help you find the most reasonable way to keep your people safe as they make deliveries throughout Denver, CO.


Do You Need Classic Car Insurance for Your Car?

If you own a classic car in Denver, CO, then you likely know just how valuable the vehicle can be. It is more than just your regular vehicle that is driven around the streets on a regular basis. You likely do not drive it very often and maybe are even taking it to car shows so you can show it off to everyone in attendance. It is something to be proud of but also to protect. Your classic car needs more than the standard type of auto insurance as a result, according to Alliance General Insurance Agency.

Since you do not drive your classic car on the road on a regular basis, having traditional auto insurance is not enough. While you should still have this type of coverage, as outlined by the state laws, you still need much more. A classic car is more valuable than a standard car and you likely do a lot of things to keep it up and maintain its beauty and build. Because of this, it makes sense to have classic car insurance that covers all of the necessary areas that standard auto insurance does not cover. You likely want to insure it for its full value if it were to be sold as well as make sure that it is protected if anything were to happen to it. 

When you own a classic car, you know you need to have more than the standard coverage. If you do not already have some in place, now is the time to get the coverage. You can reach out to us here at Alliance General Insurance Agency, serving Denver, CO, today to get a free quote for coverage. We will also review your specific needs as well as make sure that it is within your budget.

How to Be a Responsible Renter

Renting a new home or apartment in Denver, CO can be extremely exciting, especially for those who have never had their own place before. From painting to decorating and adding new pieces of furniture to the room, you get to make it your own space and you, of course, want to do all you can to make it as comfortable as possible. In addition to decorating and organizing the home, there always comes the responsibility of performing upkeep on the home or apartment you’re renting as well as paying bills. What if something were to happen, like a burglary? Do you have the finances to replace the items that were stolen? That’s what we’re here to talk about. Here are two tips brought to you by the Alliance General Insurance Agency about being a responsible renter.

Always Pay Your Rent On Time

One of the most responsible things you can do as a renter is paying your rent each month on time. Not only does paying your rent on time each month help the landlord out, but it helps you maintain a reasonable budget that allows you to rest easy each night knowing you have paid your rent according to its due date. 

Invest in Renters Insurance

Another responsible thing you can do as a renter is investing in a renters insurance policy. This type of insurance provides protection not only for your belongings but you as well. It is comprised of a group of coverages, like liability coverage and even protection to cover additional living expenses in the event the home or apartment you are renting becomes uninhabitable for a temporary period of time. Take for example if your apartment is flooded and you have to move out while it is being remodeled. With renters insurance, you may be able to tap into funds that cover your living expenses while you’re waiting for the remodel to be completed.

Contact the Alliance General Insurance Agency today, serving the Denver, CO area, to learn more about renters insurance. We can help you acquire a quote and get started.

Can You Adjust Motorcycle Insurance During a Payment Cycle?

Your insurance needs are certain to change from time to time and what might fit your needs one month may not be what you need at another time. In order to combat this, you can adjust your insurance as needed to reflect your specific needs at any one time. If you have motorcycle insurance, odds are you are paying for six months to a year at a time because it is relatively inexpensive that way. For those in the Denver, CO area, the agents with Alliance General Insurance Agency can help you change your coverage as needed.

Insurance coverage is something that fluctuates from time to time based on what your individual needs are. When it comes to something like motorcycle insurance, you are likely paying in larger blocks than you may be for auto insurance which is usually paid monthly. If you are paying in larger time increments, you may want to know if you can change coverage during this time period. The answer is yes. You can change your coverage at any time. The real issue comes with the change in the cost of premiums. Often, if you have already paid up for a certain amount of time, changes will not take effect until the time frame has expired.

You can also let your agency know that you need the changes to take place sooner, but you may not be able to recover the cost of premiums that have already been paid. If you live in the Denver, CO area, the agents with Alliance General Insurance Agency can help you find the perfect coverage no matter what. We can also help you adjust and change coverage as needed so that you are always covered.  

Why Everyone Should Have Umbrella Insurance

Having adequate insurance in place is very important for all people. For those that are in the Denver, CO area, one type of insurance that everyone should look into is umbrella insurance. While many people believe that umbrella insurance should be reserved only for the wealthy with a lot of assets, there are many reasons why you should have this type of insurance in place.

Additional Liability

One of the main reasons why people would benefit from having umbrella insurance is that it will provide additional liability coverage. People who have a home or renters insurance policy and an auto insurance policy will have some liability coverage built into those policies. However, this type of liability is often somewhat limited in the total coverage amount. The umbrella policy will give you even more coverage on top of the existing policies, which will be very beneficial in the event of a big claim.

Covers Additional Situations

When you have an umbrella insurance policy in place, you will also receive coverage for a variety of additional situations. Umbrella insurance typically covers all forms of liability, including libel and slander, which are not covered by home or auto policies. This will help to ensure you have coverage and support no matter what the liability lawsuit claim is in reference to. This can give you great peace of mind and support when you need it the most.

Contacting the Alliance General Insurance Agency will help you to understand your umbrella insurance needs better. When speaking with people in the Denver, CO area, the Alliance General Insurance Agency will be able to help explain all of the coverage benefits to make sure you are aware of all the benefits it provides. Reach out to our agents for more information.

Understanding Condo HOAs and How They Affect Insurance

Whether you are considering the purchase of your first condominium or exploring affordable coverage options, Alliance General Insurance Agency understands the needs of condo owners in Denver, CO, and surrounding communities. 

Coverage Considerations in Condos

  • You Must Insure Your Personal Possessions. There is never a "one-size-fits-all" approach when purchasing condo insurance. When selecting the best level of coverage, consider the value of your possessions as well as any improvements you have made within the unit.
  • Know the Boundary Between Your Property and What Is Controlled by the Homeowners Association (HOA). Generally, the HOA is responsible for managing and insuring "common elements" such as the roof, windows, foundation, and exterior walls. Other common elements may also be included. 
  • Inspect Your HOA Governing Documents and Learn What the HOA Covers. You want to know what is your responsibility and what needs to be covered or maintained by the HOA. Never think that something is covered by the HOA based upon rumor or assumption. Take the time to inspect a copy of any certificates of insurance paid for by the HOA. 

Helpful Resources

The state’s Department of Regulatory Agencies (DORA) offers important resources related to HOAs. DORA’s Division of Real Estate has an extensive portal of resources on its HOA Information and Resource center webpage. Also, DORA maintains a helpful page with links to local, state, and federal laws and ordinances related to HOAs.

Alliance General Insurance Agency offers insurance coverage for condos in Denver, CO and throughout the adjacent metropolitan area. In addition, we offer coverage for a variety of other areas, including automobile, classic car, commercial, home, life, motorcycle, and renter’s insurance, as well as umbrella and other specialty lines. Contact our agents today and learn about the coverage options available to you.

What’s the difference between term life insurance and permanent insurance?

Even though it can be uncomfortable to think about why you need life insurance, it is important to start planning as early as possible so that your loved ones will not need to deal with these uncomfortable issues on their own. If you are in Denver, CO, you can speak to the agents at Alliance General Insurance Agency to compare options and coverage amounts.

Life insurance can be used to take care of necessary expenses when a person dies, but a healthy life insurance policy can also provide other needed financial support at a time when it is needed most. It is often used to pay for burial costs, debts, and unpaid medical bills. Families can focus on the important act of grieving instead of worrying about money.

The first thing you will need to decide is whether to purchase term life insurance or permanent insurance, also called whole life insurance. Term life insurance provides a death benefit but has no cash value. Premiums will go up at predetermined intervals, such as after 1, 5, or 10 years, and it can supplement whole life insurance.

Whole life or permanent insurance helps individuals meet long-term goals by allowing users to accumulate the money over time, on a tax-deferred basis. You can even borrow against the cash value of your policy. As long as you pay your premiums, your whole life insurance policy will be in effect. 

Which kind of policy is best for you depends on your current goals. If you are in Denver, CO and want to discuss your options regarding life insurance and find the best policy for yourself or a loved one, please call our friendly agents at Alliance General Insurance Agency today for free advice.

Should You Change Your Homeowner’s Policy When your House is for Sale?

Selling a home is an experience. There are a thousand of little things you never think about until you’re faced with the situation. One of those things might include your insurance policy. It’s not uncommon to wonder how your policy should change when you put your house on the market.

If You Still Live There

It’s not entirely uncommon for people to live in a house until a buyer commits. In these cases, you want to keep a fairly standard policy. You can look into boosting coverage in the short-term just to make sure a minor inconvenience isn’t going to be a deal breaker for buyers. You should also contact your rep at Alliance General Insurance Agency. You want to be sure that they are aware that the house is up for sale and you are prepared to change policies expediently when the time comes.

If the House Is Empty

This is the more common situation, and it represents a unique situation for insurers. Most people don’t realize that empty houses are actually higher risk items than occupied homes. The major reason for this is vandals. When people realize a house is vacant, it becomes a popular target for unscrupulous individuals. Because of this, insurance policies for empty homes are considerably different in scope. They focus on the unique risks and worry less about the problems that only frequent occupied dwellings.

Depending on circumstances, vacant-home policies can have higher premiums than filled homes. A few tricks that might mitigate this (every policy is unique) include alarm or monitoring systems, hiring a live-in caretaker or including regular checkups in a realtor contract. Potential savings will vary, but it might be worth investing in a little extra security to make sure your empty home stays appealing to buyers in Denver, CO.

Insurance can be complicated, and the full range of options rarely fits into a short blog post. If you want help with consideration, just have a conversation with your contact at Alliance General Insurance Agency in Denver, CO. We’ll be happy to help.