Homeowners Insurance Services in Colorado Springs, CO | Premier Group Insurance
Proudly serving the surrounding communities of Colorado Springs, Fountain, Falcon, Monument, Woodland Park, Peyton, Security-Widefield, Manitou Springs, Pueblo, Castle Rock and Canon City.
Expert Homeowners Insurance Services in Colorado Springs
At Premier Group Insurance, we understand that your home is more than just a structure—it's where your life unfolds. Serving Colorado Springs and the surrounding Southern Colorado region, we specialize in providing comprehensive homeowners insurance solutions tailored to protect your most valuable asset.
Our commitment is to offer peace of mind through policies that safeguard against unforeseen events, ensuring that you and your family are covered when it matters most.
Contact us today for a free estimate.
Why Choose Premier Group Insurance for Professional Homeowners Insurance Services
Personalized Coverage Plans
We believe that no two homes are the same, and neither should their insurance policies be. Our experienced agents work closely with you to assess your specific needs, crafting customized coverage plans that align with your lifestyle and budget.
Trusted Local Expertise
With deep roots in Colorado Springs, we possess an intimate understanding of the local housing market and the unique risks homeowners face in the region. Our local knowledge enables us to provide relevant advice and appropriate coverage options.
Comprehensive Service Offerings
Beyond homeowners insurance, we offer a suite of services including auto, life, renters insurance, and financial services like tax preparation and bookkeeping. This holistic approach ensures all your insurance and financial needs are met under one roof.
Bilingual Support
We are proud to serve our diverse community with services available in both English and Spanish, ensuring clear communication and understanding for all our clients.
Comprehensive Homeowners Insurance Services We Offer
Basic Homeowners Insurance
Provides fundamental protection against common perils such as fire, theft, and certain natural disasters. Ideal for homeowners seeking essential coverage at an affordable rate.
Broad Form Homeowners Insurance
Expands on basic coverage by including additional named perils, offering a wider safety net for your home and belongings. Suitable for those desiring more extensive protection.
Special Form Homeowners Insurance
Offers "all-risk" coverage for your dwelling, covering all perils except those explicitly excluded. This is the most common policy type, balancing comprehensive coverage with cost-effectiveness.
Comprehensive Homeowners Insurance
Provides extensive coverage for both your home and personal property on an "all-risk" basis, ensuring maximum protection. Ideal for homeowners with high-value properties or possessions.
Condo Insurance
Tailored for condominium owners, this policy covers personal property, interior structures, and liability, complementing the condo association's master policy.
Mobile Home Insurance
Designed specifically for mobile or manufactured homes, offering protection against risks like fire, wind, and theft, along with liability coverage.
Historic or Older Home Insurance
Addresses the unique needs of older or historic homes, considering factors like antique construction materials and compliance with modern building codes.
modern building codes.
Understanding Homeowners Insurance
What Is Homeowners Insurance?
Homeowners insurance is a policy that provides financial protection against losses due to damages to your home, personal property, and liability for accidents that may occur on your property.
Why Is It Necessary?
It safeguards your investment in your home, ensuring that you can repair or rebuild after unexpected events like fires, storms, or theft. Additionally, it offers liability protection against legal claims.
Key Terms to Know
Deductible: The amount you pay out-of-pocket before insurance coverage kicks in.
Premium: The cost of your insurance policy, typically paid monthly or annually.
Liability Coverage: Protects against legal responsibility for injuries or damages to others.
Replacement Cost: Covers the cost to replace damaged property without depreciation.
What to Look For in a Policy
Ensure the policy covers the full replacement cost of your home, includes personal property and liability coverage, and consider additional endorsements for specific risks like floods or earthquakes.
Get a free estimate on an affordable Homeowners Insurance
Types of Homeowners Insurance Services
Basic Homeowners Insurance
Basic homeowners insurance provides essential protection for your property against a limited set of named perils such as fire, lightning, vandalism, and theft. It typically includes coverage for your home’s structure, some personal belongings, and liability, but only for risks specifically listed in the policy. This type of insurance is best suited for homeowners looking for straightforward, entry-level coverage to meet lender requirements or protect low-risk properties.
-Pros: Affordable premiums, straightforward coverage
-Cons: Limited protection scope
-Best for: Budget-conscious homeowners with low-risk properties
Broad Form Homeowners Insurance
Broad form homeowners insurance builds on basic policies by adding more named perils, such as falling objects, water damage from plumbing, and weight of snow or ice. While still limited to listed risks, it provides a wider range of protections and covers more scenarios that could result in damage or loss. It's ideal for homeowners who want increased coverage while still keeping their premiums manageable.
-Pros: Wider coverage than basic policies
-Cons: Still limited to named perils
-Best for: Homeowners seeking more comprehensive protection without the cost of all-risk policies
Special Form Homeowners Insurance
Special form homeowners insurance, also known as HO-3, is the most popular policy type for single-family homes. It provides “open perils” coverage for your dwelling, meaning it insures against all risks except those specifically excluded in the policy. However, personal belongings are still covered under named perils. This policy strikes a balance between affordability and broad protection, making it a top choice for the average homeowner.
-Pros: Comprehensive dwelling protection
-Cons: Personal property covered only for named perils
-Best for: Most homeowners seeking balanced coverage
Comprehensive Homeowners Insurance
Comprehensive homeowners insurance (HO-5) is the most inclusive policy type, offering “open perils” coverage for both your dwelling and personal property. It insures against nearly all forms of accidental loss or damage unless explicitly excluded. This high-tier policy is designed for those who want maximum peace of mind, particularly owners of high-value homes and belongings.
-Pros: Extensive coverage, peace of mind
-Cons: Higher premiums
-Best for: Owners of high-value homes or possessions
Condo Insurance
Condo insurance (HO-6) is crafted specifically for condominium unit owners. It typically covers interior walls, flooring, personal belongings, and liability. Because condo associations carry a master policy for the building’s exterior and common areas, condo insurance fills the gap by protecting what’s inside your unit and your personal financial interests.-Pros: Tailored for condo living
-Cons: Doesn’t cover the building’s exterior
-Best for: Condominium owners
Mobile Home Insurance
Mobile home insurance provides specialized protection for manufactured or mobile homes. It includes coverage for the structure, attached additions, personal belongings, and liability. These policies are designed to account for the unique risks mobile homes face, such as higher exposure to wind damage and potential transportation-related wear.
-Pros: Customized for mobile homes
-Cons: May have limitations based on home age or condition
-Best for: Mobile or manufactured homeowners
Historic or Older Home Insurance
Historic or older home insurance addresses the distinct risks associated with aging properties, such as outdated electrical or plumbing systems and non-standard construction materials. These policies often include endorsements to help cover the cost of repairs or upgrades that align with modern building codes, while also preserving the character of the home.
-Pros: Specialized coverage for unique homes
-Cons: Potentially higher premiums
-Best for: Owners of historic or older properties
Understanding Which Homeowners Insurance Coverage & Services You Need
Assessing Your Home's Value and Risks
Evaluate the replacement cost of your home, the value of personal belongings, and potential risks like natural disasters to determine appropriate coverage levels.
Considering Your Lifestyle and Assets
If you have valuable possessions, home-based businesses, or frequent guests, consider additional endorsements or higher liability limits to ensure comprehensive protection.
Evaluating Deductibles and Premiums
Balance your budget by choosing deductibles that lower premiums without compromising your ability to cover out-of-pocket expenses in the event of a claim.
Reviewing Policy Exclusions and Endorsements
Understand what is not covered in your policy and consider endorsements for specific needs like flood insurance, which is typically not included in standard homeowners policies.
The Process of How We Help You with Our Professional Homeowners Insurance Services and Solutions
Step 1 – Personalized Consultation
We begin with a one-on-one consultation to understand your unique needs, property details, and coverage preferences.
Step 2 – Customized Policy Design
Based on our consultation, we design a policy tailored to your specific requirements, ensuring optimal coverage.
Step 3 – Policy Implementation
We guide you through the application process, ensuring all documentation is accurately completed and submitted.
Step 4 – Ongoing Support and Review
Our relationship doesn't end with policy issuance. We provide continuous support, policy reviews, and updates to adapt to any changes in your circumstances.
Why Southern Colorado Residents Trust Premier Group Insurance for Professional Homeowners Insurance Services
Our reputation in Colorado Springs and the surrounding areas is built on trust, reliability, and personalized service. Clients choose us for our deep local knowledge, commitment to the community, and comprehensive service offerings. We are dedicated to protecting what matters most to you—your home and family.
Contact Premier Group Insurance for Professional Homeowners Insurance Services in Colorado Springs and Throughout Southern Colorado
Getting started with Premier Group Insurance is easy. Whether you’re looking for a quote or ready to secure your home, our dedicated team is here to help.
Phone: +1 (719) 247-8246
Email: [email protected]
Address: 2811 E. Fountain Blvd., Colorado Springs, CO 80910
Business Hours:
Monday through Friday: 9 AM – 6 PM
Saturday: 10 AM – 2 PM
Service Area: Colorado Springs & locations within a 60-mile radius of ZIP code 80910
Call us, email us, fill out our online contact form, or visit us at your convenience to get started. Reach out today to discuss your homeowner’s insurance needs with a local team that genuinely cares about your protection.
FAQs
Is homeowners insurance required in Colorado?
While it is not legally required, most mortgage lenders require homeowners insurance as a condition of the loan.
What’s typically covered by a homeowners policy?
Standard policies generally cover your dwelling, personal belongings, liability, and additional living expenses in case of temporary displacement.
Can I customize my coverage?
Yes. At Premier Group Insurance, we offer personalized policy options including endorsements for flood, jewelry, business equipment, and more.
What’s the difference between replacement cost and actual cash value?
Replacement cost pays to rebuild or repair your home with similar materials without depreciation. Actual cash value deducts depreciation, paying less in most cases.
How often should I review my policy?
We recommend reviewing your policy annually or after any major life change, such as buying high-value items, renovating, or adding a new household member.
Address: 2811 E. Fountain Blvd., Colorado Springs, CO 80910
Phone: (719) 247-8246
Email: [email protected]