Welcome to Aspen Agency! As an Independent Insurance Agency, we are proud to offer some of the finest insurance companies in the industry with the highest ratings.
We service clients throughout the state of Minnesota with Personal, Business and Life Insurance needs. At Aspen Agency, each one of our clients is given a dedicated team of experts that work together to proficiently address all of your concerns. We offer multiple companies in order to provide customized quotes and options that best suit your needs and offer the lowest possible rates to save you money.
Personal Insurance:
Our goal is to protect you and your family from those unexpected events by finding the right coverage at an affordable rate. If you need Auto, Home, Umbrella or any other personal insurance coverage, we can tailor a package to fit your individual personal insurance needs. Our number one priority is to protect your family from any unforeseen event that may be a burden to your family in the future.
Business Insurance:
At Aspen Agency, we pride ourselves in evaluating your business insurance needs . We take the time to find out the different challenges your industry may have for insurance concerns and tailor a package that fits your risks. We also look at other exposures your business may have according to your personnel, location and future plans. Our top-rated companies work with local businesses as well as global providers to ensure even the worst disaster won't affect your business adversely.
We offer Cannabis Coverage for our commercial clients!
Cannabis specific business insurance is a pre-requisite for operating a successful cannabis business. Regardless of where a business falls within the cannabis vertical, it’ll need a robust risk transfer solution by utilizing a proper grouping of the insurance policies along with cannabis specific enterprise risk management.
Types of Commercial Businesses Insurance for Cannabis Operations:
- General Liability
- Product Liability
- Employment Practices Liability
- Workers Compensation
- Commercial Crime
- Errors & Omissions
- Cyber Liability
- Commercial Property
- Directors & Officers
Collector and Classic Car Insurance:
Didn't Know We Offered "Fancy Car" Coverage? Well, we do and our SPECIALIZED knowledge of cars and their owners lets us offer you better "fancy car" insurance coverage for less!
Frequently asked questions about specialty auto coverage:
1.) What is the difference between agreed value and stated value insurance coverage?
An agreed value policy guarantees that you will receive the full insured amount of the vehicle (with no depreciation, and including all sales taxes), in the event of a covered total loss.
In contrast, a stated value policy (sometimes called "stated amount" or "maximum limit of liability") gives the insurer the right to pay you either your vehicle's depreciated cash value amount or the cost to replace your vehicle—and they'll choose the lower of the two amounts.
2.) How is classic car insurance different from regular car insurance?
Classic car insurance offers some key benefits compared to daily driver or "regular" insurance.
Lower premiums
We understand your car is a prized passion and will be driven with great caution, so we adjust the premiums accordingly—36% lower on average than daily driver insurance. With a daily driver insurance policy, your classic may be rated like a regular-use vehicle, and you'll be charged as if you were driving the vehicle every day.
Guaranteed Value
More commonly known as "agreed value" coverage, it means you tell us the value of your classic and we'll affirm that it's a fair, accurate number. Then, we guarantee that value will be paid to you in the event of a covered total loss. Regular car insurance carriers offer "actual cash value" or "stated value" coverage, which may depreciate the value of your vehicle in the event of a claim, resulting in a smaller payout than you anticipate.
No fixed mileage
Our policy allows you flexible usage—with no fixed mileage limits. Even if you have full coverage through a regular car insurance carrier, there may be mileage and usage restrictions to control how and when your classic is driven.
Reach out to your favorite Aspen Agent today, to learn more about Classic Car covergae, Cannabis Business coverage or anything else that you may need, we are with you every step of the way at AspenAgency! 763-755-7000