• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Mark Olsen Insurance

1870 Dublin Blvd, Ste E,
Colorado Springs, CO 80918
(719) 593-9916

Mark Olsen Insurance Colorado Springs
Facebook
Linkedin
YouTube
Twitter
  • Home
  • Why Us
    • Mission Statement
    • Reviews & Ratings
    • Testimonials
    • Awards
  • Insurance Services
    • Auto Insurance
    • Home Insurance
    • Business Insurance
    • Recreation Vehicle Insurance
    • Flood Insurance
    • Life Insurance
    • Personal Liability Umbrella
    • Insurance Products List
  • FAQs
  • Meet the Team
    • Mark Olsen
  • Resources
    • Newsletters
    • Articles
    • Videos
  • Videos
  • Contact Us
    • Request a Quote

Insurance FAQ

FAQs

AM I INSURED IF I AM DRIVING SOMEONE ELSE’S VEHICLE?

Generally speaking, the insurance goes with the vehicle. For example, if you have an accident while driving someone else’s car, the owner’s insurance would apply first toward damages. Your Auto insurance would generally apply in the event the owner of the vehicle had no Auto insurance or did not have enough Auto insurance to pay the damages. For specific information and guidance about your coverage, please contact me at any time.

DO I HAVE INSURANCE IF I AM RENTING A VEHICLE?

Car rental companies charge daily fees for Collision Damage Waiver (CDW) coverage (which means their insurance will pay for all damages covered in your rental agreement). Rental car coverage under a private passenger policy varies state-by-state. In some states, your current Auto insurance coverage may already provide adequate coverage protection for you, even if you are renting a vehicle. So, you may want to contact your agent prior to renting a vehicle just to check into which coverage you currently have. Please feel free to contact me to review your current coverage or to talk about adding coverage to your current policy.

MY MOTORCYCLE CLOTHING AND HELMETS ARE EXPENSIVE, ARE THEY COVERED?

Your Motorcycle policy may include coverage for your apparel, safety equipment, and add-on options. So yes they are included under your Motorcycle policy depending on which coverage option you select. Check with your agent to review your current policy coverage and to discuss which coverage options best meet your needs.

WHAT DO I DO IF I AM IN A CAR ACCIDENT?

First and most importantly, make sure that you and that everyone else is okay and gets help for the injured. The next crucial step is to make sure to notify the police so that they can file a report. The police report is the most accurate and court relevant information available. Keep a notebook in your vehicle for taking down important information. Make sure to get names, addresses, phone numbers, driver’s license number, license plate number, car make and model numbers, witness phone numbers, etc. The more information that you can gather the better. Also, if you or passengers are injured, make sure to save all medical bills and receipts.

WHAT DO I DO IF MY CAR BREAKS DOWN?

If your car breaks down, your first priority is the safety of the people inside the car.

Never get out of a broken down car to make a repair or examine damage. Move the vehicle to a safe place such as a wide shoulder or a designated emergency lane.
If you can’t drive the vehicle, stay in the car and wait for help. Use your cell phone to get help or wait for help.
Remember to put on your hazard lights. Once you are in a safe place, mark your location with flares or triangles.
In the case of a blowout or a flat tire, move the vehicle to a safe place before you attempt a repair – even if it means destroying the wheel getting there.
Cold weather suggestion: Always carry a warm blanket in your trunk in case you must wait for help in freezing temperatures. Also carry a shovel and sand in the event your car is stuck in the snow. Do not try to dig yourself out unless your car is in a safe place. At the moment of crisis call HelpPoint® Claim Services at 1-800-435-7764 for assistance when you need it most.

WHAT IF I LET SOMEONE ELSE DRIVE MY VEHICLE AND THEY GET INTO AN ACCIDENT?

Generally speaking, insurance goes with the vehicle. For example, if you have an accident while driving someone else’s vehicle, the owner’s insurance would first, be applied toward damages to the vehicle. Your Auto insurance would also generally apply in the event that the owner of the vehicle had no Auto insurance or did not have enough auto insurance to pay for the damages. Personal Injury Protection, which varies from state-to-state, covers the individual under their individual policy. For example, if my friend is driving my vehicle and gets hurt in an accident, my Auto insurance will cover the damages caused to my vehicle, but their Auto insurance will cover injuries caused to their person.

WILL MY PREMIUMS GO UP A LOT IF I GET INTO AN ACCIDENT OR GET A SPEEDING TICKET?

The word “a lot” is subjective but unfortunately your premiums more than likely will go up. Because insurance is based on risk factors, and traffic violations like speeding attribute to being “higher” risk, your premiums will more than likely increase. Additionally, your premium may go up depending on the severity of the accident. Please contact me at any time if you have questions or further concerns about your premiums. I am always glad to help.

Primary Sidebar

Why Have a Personal Agent

Personal Insurance Agent

Why Have a Personal Insurance Agent? The Internet is a great place to shop for music, books or cars — but unless your life comes off an assembly line, is it really the place to shop for personal insurance? Admit it: Your busy life is complicated. For something as individual as personal insurance, there are real benefits to working with an agent who can help match your coverage with your changing life. … Continue Reading about Why Us

Testimonials From Our Clients

He Frequently Saves Me Money

Mark meets with me once a year to review my insurance coverage, and adjust when necessary. I truly appreciate him doing this, including the money he frequently saves me. The service Mark and his dedicated and talented team provide my family and I are the reason I’ve been an Olsen Insurance customer for 25+ years.

Ross J.

Going Above and Beyond the Call of Duty

To Whom It May Concern: I just want to take the time out of my schedule to thank the Mark Olsen agency for going above and beyond the call of duty for me. They have done a terrific job for me and my family! For example: when my wife & 2 sons were rear ended in a car accident, Mark personally came to take me to the tow company’s lot to retrieve my personal belongings from the wrecked vehicle. When my wife had a blow out taking her mother to the emergency room, it was Jan Houston, Mark Olsen’s office… Read more “Going Above and Beyond the Call of Duty”

David C. M.

Super Service

Dear Mark: I wanted to drop a quick note to let you know how much I appreciate the super service you and your staff have provided to me. After dealing with only one other insurance company thus far, it is refreshing to be able to talk, face-to-face, with someone who is eager to assist. Please pass along to your entire staff my heartfelt appreciation! Sincerely,

Daniel B.

Correspondence Complimenting Service

Dear Mark: I just received a very pleasant letter from your insured’s Duane and Betty S. in which they are very complimentary of the service you provided them. During the course of each day, much of my correspondence would be considered negative or at least neutral. It is certainly a pleasure to receive positive correspondence complimenting the service of our agency force. Mark, thank you for providing the customer-focused service which generated this correspondence and brightened my day. I appreciate and commend you on your conscientious performance. Best personal regards, Don Mealer, CLU, LUTCF Assistant Regional Manager

Don Mealer, CLU, LUTCF

Letter of Recommendation

RE: Letter of Recommendation for the Mark Olsen Insurance Agency TO WHOM IT MAY CONCERN: The purpose of this letter is to recommend the Mark Olsen Agency for your insurance needs. Mark has provided life, auto, and home insurance for my family since 1986, and his office has always promptly and efficiently answered our insurance questions and provided exceptionally friendly service. If you should have any questions regarding Mark Olsen’s Insurance Agency, please do not hesitate to contact the undersigned.

Scott H.
  • Home
  • Request a Quote
  • Life Insurance
  • Classic Car Insurance
  • Privacy Policy
  • Sitemap
Opening Hours
Monday 8:00 am – 5:00 pm
Tuesday 8:00 am – 5:00 pm
Wednesday 8:00 am – 5:00 pm
Thursday 8:00 am – 5:00 pm
Friday 8:00 am – 5:00 pm
Saturday Closed
Sunday Closed

Extended Hours By Appointment Only

Facebook
Linkedin
YouTube
Twitter
Google Reviews
Facebook Reviews
Yelp Reviews
Angie\\\'s List

better business bureau A plus rating

Copyright © 2011-2025 · Mark Olsen Insurance Agency · Colorado Springs, Colorado, 80918
Website Design by Zero Gravity Web Works