3 Amazing Facts About Umbrella Insurance

Umbrella insurance is usually an essential extra type of liability insurance which you can use to insure your automobiles, home, and business in Longmont, CO,. 1st American Insurance Agency umbrella cover will cater for the extra liability claims that may arise in case you incur a liability claim that exceeds your normal liability policy. 

Without umbrella coverage in Longmont, CO, you risk losing everything that you have worked hard to gain including your assets and your retirement savings. Examples of specific circumstances covered by umbrella coverage include lawsuits, property damage, and personal injury. Below are three incredible facts about umbrella insurance cover that you need to know.

Umbrella Insurance Protects You Against Liability Risks

Risks will always be around you no matter the kind of life you’re living. Your puppy can bite your guest, or your neighbor’s child can drown in your swimming pool. If such occurrences happen, the liability claim of the victim can exceed your standard policy’s limit calling for extra coverage. This is where the umbrella insurance comes in and protects you against such catastrophic scenarios.

Without Umbrella Insurance, You Can Lose Everything

Think about this scenario; you get involved in a car accident, and the other driver is severely injured which results in a lawsuit. The injured driver wins the case, and the court awards a compensation totaling to about $500,000. Unfortunately, your auto insurance policy can only pay a maximum limit of $300,000. Where do you get the extra $200,000 if you don’t have an umbrella cover? It will mean you sell some of your valuable assets to raise the extra amount of money.

It is Cheap

Most insurance companies charge an average amount of $250 a year for an umbrella policy which covers millions of dollars in excess liability each year. As such, you are adequately covered at a low cost.

Are you looking for the umbrella insurance cover? Contact 1st American Insurance Agency today for your policy.



Getting Ready for a Trip? Get RV Insurance

If you’re going on an RV trip, you obviously want to pack essentials and inspect the RV. However, you may be overlooking one essential that could end up ruining your trip–insurance. Insurance from 1st American Insurance Agency, serving Longmont, CO and the surrounding area, protects you in the event you get pulled over, and it can prevent your trip from getting ruined as a result of a minor fender bender.

1. Inspect Your RV

Make sure you look over every area of your RV including under the hood. Make sure the engine sounds normal when you rev it and that your tires are holding area properly, just to name a few aspects to check. Always pack jumper cables, a jack and a spare tire.

2. Learn About Your Electrical Load

Always make sure you know how much electric you can run in your RV. You may want to label the amps that each one of your appliances draws to help you develop an understanding of what you can run at one time and how much is too much.

3. Pack Extra Essentials

Pack a box that has essentials in it in case you should happen to get stranded somewhere without a way to get to the store. Always have spare water, food and toilet paper. If it’s cold outside, always have an extra jacket and a blanket. Just in case you should happen to get stranded away from an electrical supply, always have spare flashlights. Make sure you charge your phone every time you have electric going to your RV.

4. Get Insurance

If you don’t already have a recreational vehicle insurance policy, make sure you get one before heading out onto the road. You don’t want to take any risks.

Contact 1st American Insurance Agency, serving Longmont, CO and the surrounding area, by calling 303-996-5096 today to get a policy.