Diminished Value in Auto Accident Claims

car being towed for repairs that will result in diminished value

When it comes to car accident claims, one concept that is often overlooked is "diminished value." This refers to the reduction in a vehicle's worth after it has been involved in an accident or sustained significant damage. While most of us know that we can file a claim for the cost of repairs and personal injuries sustained in an accident, you may not be aware that you can also file a claim for diminished value to your vehicle. Let’s take a closer look at what diminished value means and how it factors into auto accident claims. What is Diminished Value? Diminished value...

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Common Colorado Insurance Claims for Fall

deer in the woods

The arrival of Fall brings cooler days and a collective excitement for the upcoming holidays. Unfortunately, the drop in temperature and festive hustle-and-bustle can also result in an increase in certain types of insurance claims. Knowing the most common types of insurance claims filed in the fall can help you protect yourself against seasonal risks.  Top 4 Fall Insurance Claims in Colorado 1. Water Damage Water damage from freezing pipes is one of the most common insurance claims filed in colder weather. Inspect your plumbing system and irrigation system for signs of damage and make repairs as soon as possible. Take steps to...

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Open Door Motorcycle Accidents in Colorado

car with door open

Most of us don’t give much thought to opening our car doors when parked along a road. We might absent-mindedly glance into the side view mirror to check for any oncoming vehicles, then fling open the door and go about our business. But this simple act can have significant consequences for an unseen motorcyclist, who risks injury or even death as a result of the sudden obstacle.  When a motorcyclist crashes into the passenger or driver’s side door of a motor vehicle, it is called an “open door crash.” Open door crashes may also occur when a motorcyclist suddenly swerves to...

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Common Roofing scams and How to Avoid Them

sign reads scam alert against sky back drop

Colorado’s storm season is rapidly approaching. In addition to preparing your home for physical damage and reviewing your insurance policy, you will also need to brace yourself for potential roofing scams.  Unfortunately, areas that have recently been hit by storms are prime targets for roofing scammers. Scams are also prevalent in areas with large senior populations or with older model homes. Being aware of some of the more common roofing scams can help you avoid becoming a victim.  Top 5 Roofing Scams   1. The Storm Chaser Immediately after a storm, national companies will often send hundreds of sales representatives to the most severely impacted...

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