303-597-1667

Click to Call
Integrity First Insurance

4275 S Broadway
Englewood, CO 80113

Get Directions
Colorado Insurance Blog

4 Facts You Must Know About Umbrella Insurance

If you want to invest in umbrella insurance, you need to get your facts right to make an informed decision. Given that umbrella insurance is one of the most misaligned insurance policies, bumping into myths and misconceptions isn’t uncommon.

Here are the facts you need to know about umbrella insurance, courtesy of Integrity First Insurance, serving many locations in Colorado.

4 Facts You Must Know About Umbrella Insurance

Fact #1: Almost everyone needs umbrella insurance

You will hear some people say that umbrella insurance is for the super-wealthy only. The fact is that umbrella insurance is suitable for anyone earning a livelihood. Since everyone is at risk of lawsuits in America, umbrella insurance is a worthwhile investment to protect your assets.

Fact #2: Umbrella insurance is affordable

You are likely to hear that umbrella insurance is expensive coverage. People usually assume umbrella insurance is a costly affair, perhaps because of the high coverage it gives. The reality is that umbrella insurance is a super-affordable policy because it takes over after the underlying policy has been exhausted. If you still don’t believe it, please get in touch with us for a quote.

Fact #3: Umbrella insurance is liability coverage

Because of the name umbrella, most people assume that umbrella insurance covers all risks. That’s not entirely true. Umbrella insurance is liability coverage — it covers you when accused of bodily injury and property damage by other people. Umbrella insurance won’t cover damage to your property or injuries to yourself.

Fact #4: Umbrella insurance has no geographical limitation

Unlike insurance policies like car or home insurance limited within American borders, umbrella insurance has no geographical limitation. This policy can cover you anywhere and anytime, as long as your policy is updated.

Want more information about umbrella insurance? Of course, there is a lot more you can learn about umbrella insurance. Call us today for more insights on umbrella insurance.

Connect With Us

for all your insurance needs!

303-597-1667

Partner Carriers

  • American Modern
  • ASI
  • Auto-Owners
  • Central Insurance Companies
  • Chubb
  • Dairyland Auto Cycle Insurance
  • Dundee Mutual
  • Encompass
  • FIGO
  • Foremost
  • Grinnell Mutual
  • Hagerty
  • Halstad
  • Liberty Mutual
  • MetLife
  • Midland National
  • Nationwide
  • Philadelphia Insurance Companies
  • Progressive
  • Safeco
  • Travelers

Servicing these States

  • Colorado
  • North Dakota
  • Minnesota

Latest News

RSS
Follow by Email