Protect Your Assets with Umbrella Coverage

Residents in the Longmont, CO area need a variety of insurance policies to protect their personal and business property. However, these coverages aren’t always enough. 1st American Insurance Agency wants to ensure that all of our neighbors are financially ready to meet any challenges that come their way. Umbrella insurance provides the extra protection you might need in the case of a catastrophic loss. How does umbrella coverage supplement your other insurance policies?

  • What happens when you crash a brand new car? Your auto insurance may not pay off the remainder of your loan. Even if it does, how will you be able to afford a replacement vehicle? With an umbrella policy, you can get the funds you need to completely repair or replace your vehicle, no matter what the costs.
  • After a natural disaster causes extensive damage to your residential or commercial property, your property insurance kicks in to help with the rebuilding effort. However, all insurance policies come with a dollar limit. Once you reach that amount, you have to pay for any additional repairs out-of-pocket. For cash-strapped property owners with little savings, this could mean losing your home or business. With an active umbrella policy, you’ll always have enough money to rebuild.
  • Hardworking small business owners rely on insurance coverage to protect their livelihood from accidents and legal liabilities. What happens if your product or service is found responsible for hurting multiple people? All of those medical bills and damages could quickly eat up your commercial liability coverage. Add an umbrella policy to your package to ensure you’re ready for whatever comes your way.

Protect your business and personal property in the Longmont, CO area with umbrella policies from 1st American Insurance Agency. Contact our representatives to learn more about this comprehensive coverage.