Category: Umbrella Insurance

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.

When standard insurance policies can’t cover all of your liabilities, that’s where umbrella insurance steps in. Our team at Avalue Insurance in Centennial, CO, wants to share insights on this often overlooked, yet significantly important coverage, and its role in asset protection.

Understanding Umbrella Insurance

Umbrella insurance is an additional layer of liability coverage beyond the limits of standard insurance policies, including auto, home or renters insurance. It kicks in when your primary insurance has been fully utilized.

Why is It Essential?

Consider you are found liable for an accident, and the damages cost more than your auto insurance coverage. In this scenario, umbrella insurance can cover the additional costs, saving you from out-of-pocket expenses.

Asset Protection

Without enough coverage, your assets, including retirement accounts, savings, and even future earnings, can be at risk in the event of a lawsuit or liability claim. An umbrella insurance policy provides that much-needed safety net for your assets.

At Avalue Insurance in Centennial, CO, we understand our clients’ unique needs and provide them with tailor-made solutions. We are committed to safeguarding your hard-earned assets with the optimal coverage from umbrella insurance.

Reach out to us for more details. Our experts are here to answer all your insurance-related queries and will gladly help you understand the significant role umbrella insurance can play in protecting your assets.