THE INSURANCE HOUSE, INC

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Car Insurance

Automobile Liability Insurance

Coverage required by law in case you cause an accident where there is either physical injury or property damage to other people.  You will see three numbers when you are buying liability coverage (ex: 25/50/25). They represent (in the $ thousands) your liability limits that the insurance company will pay for per person for bodily injury, per accident for bodily injury, and per accident for property damage. Each state requires its own mandatory minimum liability coverage; Colorado is 25/50/15.

Uninsured/Under-insured Motorist Protection

Is an optional coverage that pays for the treatment of injuries to the driver and passengers of the policyholder’s car should you be in an accident with an at-fault driver who does not have proper insurance coverage.

Medical Payments

Another optional coverage that pays for the treatment of injuries to the driver and passengers of the policyholder’s car regardless of who is at-fault in an accident.

Collision Coverage

Insures your vehicle in case your involved in any type of collision accident. Collision coverage come with a deductible. A deductible is how much you are responsible for paying during a claim. If you have a $500 deductible you pay the first $500 of damages prior to the insurance company paying the remainder of the claim. The lower the deductible the higher your payments and vise versa.

Comprehensive Coverage
Also known as 'other than collision' coverage. This coverage protects the vehicle from hazards such as weather related claims or theft. For example, if your vehicle is stolen comprehensive coverage will pay for your loss. Comprehensive coverage come with a deductible. A deductible is how much you are responsible for paying during a claim. If you have a $500 deductible you pay the first $500 of damages prior to the insurance company paying the remainder of the claim. The lower the deductible the higher your payments and vise versa.