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Five-minute lessons from our advisors — no jargon, no sales pitch. Tap any card to read the lesson; video versions are in production.

CAA Financial advisors who create our learning content new lessons monthly
how insurance deductibles actually work — CAA Financial learning center 4 min

how insurance deductibles actually work

Your deductible is what you pay before insurance pays the rest — but the real question is how to pick one. A higher deductible lowers your premium; a lower one means less out of pocket the day something breaks.

Rule of thumb: set the deductible at the biggest number you could comfortably pay tomorrow without touching a credit card. In hail-prone Colorado, pay special attention to your separate wind/hail deductible — it's often a percentage of your home's value, not a flat number, and that difference can be thousands of dollars after a storm.

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liability limits: what 100/300 means — CAA Financial learning center 5 min

liability limits: what 100/300 means

Those auto policy numbers — like 100/300/100 — are thousands of dollars: per-person injury, per-accident injury, and property damage.

Colorado's minimums (25/50/15) sound fine until you total a $60,000 truck or someone needs surgery. The jump from state-minimum to strong limits often costs less per month than one takeout dinner — and an umbrella policy on top adds $1M of protection for about a dollar a day. Ask us to price all three tiers; the comparison usually decides itself.

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term vs whole life, in plain english — CAA Financial learning center 6 min

term vs whole life, in plain english

Term life is pure protection for a set window — cheap, simple, perfect for covering a mortgage or the years until kids are independent. Whole life lasts forever and builds cash value, but costs many times more.

Most families do best starting with term sized to their real obligations (income × years, plus the mortgage). If there's budget left and a permanent need — estate planning, a dependent who'll always need care — that's when permanent coverage earns its premium. We'll show you both quotes side by side.

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what a business owners policy covers — CAA Financial learning center 5 min

what a business owners policy covers

A BOP bundles the three things almost every small business needs: general liability, commercial property, and business interruption coverage — usually for less than buying them separately.

What it doesn't include matters just as much: workers comp (required in Colorado once you have employees), commercial auto, and professional liability are separate. A 15-minute review of your operations tells us exactly which pieces you need — and which you'd be wasting money on.

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why your rate went up (and what to do) — CAA Financial learning center 4 min

why your rate went up (and what to do)

Rates rise even when you've done nothing wrong: carrier loss ratios, Colorado hail seasons, repair cost inflation, and your credit-based insurance score all move premiums.

The fix isn't loyalty — it's leverage. Because we represent 10+ carriers, a renewal increase is our trigger to re-shop the entire market. Often the same coverage exists at last year's price under a different logo. That's literally what CAAF Connect® does for our clients automatically.

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first-time home buyer? insurance timeline — CAA Financial learning center 5 min

first-time home buyer? insurance timeline

Your lender needs proof of homeowners insurance before closing — usually a 'binder' delivered to the title company. Start shopping as soon as you're under contract.

The week-by-week: under contract → we quote 10+ carriers on the property; two weeks out → pick coverage, we issue the binder to your lender; closing day → policy active, escrow pays the premium. Done right, insurance is the one part of closing that takes you zero effort.

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Want a topic covered? Tell us at support@caafinancial.com — the best questions become next month's lessons.

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