3 Reasons Why You Need Umbrella Insurance

 Umbrella insurance offers an extra level of security for you and your family if property, legal or medical damages extend past what your auto or home polices are set to cover. It will kick in at a higher dollar amount and will also extend to situations that involve lawsuits, foreign travel and even your pets.  If you are still on the fence regarding whether or not you should purchase umbrella insurance from Front Range Insurance Services serving Littleton, CO, read on to learn more about these policies and the benefits they offer. 

Protect Your Assets

If you have guests at your home and someone is injured, you may be held liable for the medical costs they incur, as well as other damages. For some homeowners, this may require them to sell off their assets if their insurance coverage is not enough. With umbrella insurance coverage, you can protect your assets by minimizing the possibility of having to liquidate assets if an issue arises that is deemed your fault. 

Peace of Mind

One of the most appealing reasons to purchase umbrella insurance is because it will offer you peace of mind. You will know that you are protected regardless of what might happen in the future.  

Save You Money in the Long Run

There are quite a few insurers that will provide you with significant discounts on the cost of the additional coverage. This will usually apply to you if you are buying the umbrella policy with the same provider that you purchased your auto and homeowners insurance from. Also, if an issue were to arise, having umbrella coverage could save you thousands and thousands of dollars, or more, which makes it well worth the small premium you pay on a monthly basis. 

If you are interested in purchasing umbrella insurance, contact the staff at Front Range Insurance Services serving Littleton, CO to see what policies are available.