Umbrella insurance often gets overlooked, but it plays a vital role in a comprehensive financial plan. With the Avalue Insurance in Centennial, CO, we are going to explain how this insurance type works to provide an extra layer of protection.
Intro to Umbrella Insurance
Umbrella insurance is an additional liability insurance coverage that goes beyond the limits of the insured’s homeowners, auto or watercraft insurance. It provides an extra layer of security to those who are at risk for being sued for damages to other people’s property or injuries caused to others in an accident.
What Does It Cover?
Umbrella insurance provides coverage for injuries, damage to property, certain lawsuits, and personal liability situations.
When Do You Need It?
In today’s litigious society, anyone can be sued for just about anything. With umbrella insurance, you have the peace of mind knowing that you’re protected from the unpredictable realities that life sometimes presents.
Who Should Have Umbrella Insurance?
If your assets or future income are greater than your auto or homeowners liability limits, you should consider purchasing an umbrella policy. If you’re uncertain, it’s important to get advice from experienced professionals like Avalue Insurance.
Umbrella insurance is the safety net you need in a world where anything can happen. For more information on umbrella insurance and how it can provide you an extra layer of protection, contact Avalue Insurance in Centennial, CO, today.
