Most people realize they need homeowners, renters, and auto insurance. They may not realize that sometimes the coverage limits are not enough to cover expenses in a serious accident. Independent insurance agents with Aspen Gold Insurance Brokers in Colorado can help determine if you need an umbrella insurance plan. We can also help you compare quotes and rates from multiple providers to find a policy that fits your budget.
Often people who need extra coverage are in higher liability situations. If you carpool with your kids or co-workers, you might want to consider an umbrella policy that offers additional coverage for your auto insurance. If you like to have parties at your home or if you frequently babysit for neighbors, adding additional umbrella coverage to your homeowners or renters' policy is also a great idea. When you talk with Broomfield, CO, umbrella insurance agents, you can ask questions about how much coverage you need and how much it will cost. Independent insurance agents with Aspen Gold Insurance Brokers are ready to compare quotes to find affordable rates that meet your needs.
Umbrella insurance can fill in the gaps where your other insurance policies may have limits.
Property damage liability can cover the expense of loss or damage to someone else's property, such as vehicle damage or other property damage due to an auto accident where you're at fault.
Bodily injury liability will cover injuries another person sustained due to an accident where you are at fault, like a guest falling in your home, harm caused by your dog, or an auto accident.
If you own rental units, you can protect yourself against liability you may face, such as someone injuring themselves on a crack in your sidewalk and suing you or a tenant's dog biting someone.
Many umbrella insurance plans in Colorado offer million-dollar policies that will give you and your family the extra protection and peace of mind you need. Our independent insurance agents work with multiple providers all over the state to find rates and coverage that meet the needs of individual circumstances. Understanding what umbrella insurance covers and why you may need it is important when discussing your options with our agents. When you are ready to purchase a policy, give the agents with Aspen Gold Insurance Brokers a call.
Umbrella insurance won't give you coverage for your own injuries or property damage. That should be covered under other types of insurance policies. It also won't cover liability related to a business you may own. You would need a business umbrella policy for that. It also does not cover liability associated with contracts you've entered into or intentional or criminal acts.
Your personal umbrella policy can extend to those in your household, such as your spouse and children. However, this can vary from policy to policy, so if you are concerned about this coverage, speak with an Aspen Gold agent to confirm who is covered under your policy.
Umbrella policies range in coverage from $1 million to $5 million in liability coverage. The amount you need will depend on your circumstances and budget.
Put our experienced team of agents to work for you and let us help you protect yourself in the event of an accident while saving money on an umbrella insurance policy. For more information about getting an umbrella insurance policy, contact us by phone, email, or click below to get a quote.