Home Insurance in Colorado

Your home is one of the most substantial financial commitments you will ever make in your lifetime, and thus you need to do everything you can to make it safe. Of course, installing perimeter walls, alarms, and CCTV cameras can go a long way in safeguarding your home. Still, you need to go the extra mile to protect your dwelling against unforeseen risks like hail, lightning, falling objects, and other threats. Home insurance from Davidson Insurance Agency is a worthy risk mitigation strategy to keep your home and belongings safe.

Is home insurance mandatory in Colorado?

One of the most common questions we encounter from our Evergreen CO clients is whether home insurance is compulsory. No law exists to require homeowners to invest in home insurance. However, if your home is under a mortgage, your lender may insist you purchase home insurance. At Davidson Insurance Agency, we usually advise our clients to buy home insurance whether it’s mandatory or not.

Home insurance coverage options

Are you shopping for home insurance in Colorado? You need to be familiar with the various home insurance policies to make an informed decision. Standard home insurance coverage options you are likely to encounter include:

  • Dwelling coverage: Perhaps the most common reason most homeowners invest in home insurance. This coverage protects your building structure against fires, vandalism, falling objects, and numerous natural disasters.
  • Contents coverage: Home insurance doesn’t only cover the dwelling — it extends to protect the contents inside your home. Home insurance compensates you when assets like clothing, furniture, and electronics are damaged or lost because of a risk included in your home insurance policy.
  • Liability coverage: When you and your family members are accused of inflicting bodily injury or property damage to others, you will be grateful if you have home insurance since it covers third-party costs.
  • Loss of use: When a risk listed in your home insurance policy makes your dwelling unlivable, home insurance pays for additional living expenses until your structure is repaired.

Looking for home insurance in Evergreen, CO? Don't hesitate to contact Davidson Insurance Agency. We offer comprehensive yet affordable home insurance policies.