What Are The Benefits of Having Umbrella Insurance

Umbrella insurance is not a mandatory type of insurance, and most people skip it. However, it is also like a safety net that offers protection beyond the limits of your standard insurance policies. Pikes Peak Insurance Agency in Falcon, CO  is here to assist. The following is a list of the benefits of umbrella insurance that make it a valuable and beneficial investment. 

Benefits of Umbrella Insurance

The benefits are the following:

• Expanded liability coverage. Umbrella insurance offers an extra layer of liability coverage that goes beyond the limits of your auto, home, or other primary insurance policies. It can be especially beneficial if you face a major accident and the costs of it go beyond the standard coverage you carry.
• Wide coverage. Umbrella insurance covers many different things. Libel, slander, property damage, personal injury claims, and false arrest  – all are typically covered by umbrella plans. With such extensive coverage, you will have the peace of mind you need. 
• Protection for high-risk activities. Umbrella insurance can provide additional security if you partake in activities with high liability risks, such as organizing events, owning a swimming pool, or playing leisure sports.
• Legal fees coverage and other costs. Umbrella insurance can also help pay for court costs, attorney fees, and other lawsuit-related expenditures.
• Worldwide coverage. Umbrella insurance also provides global coverage, which is beneficial for those who travel overseas a lot or own a property in a different country. 

Schedule A Consultation Today!

If you live in Falcon, CO or any other surrounding area, and you are thinking of purchasing umbrella insurance, Pikes Peak Insurance Agency is here to help you. We specialize in different types of insurance, including umbrella insurance as well. Do not hesitate to reach out to us if you have any questions or need help finding the perfect insurance plan for you.