Boulder Personal Umbrella Insurance & Liability Protection | Rick Baker Insurance in Boulder, Colorado

Umbrella Insurance

It’s important to protect what is most important to you in life, and umbrella insurance can help you do just that. Umbrella insurance refers to additional coverage added to your existing insurance policies — like home or auto.

Umbrella insurance is specifically useful when you feel the need to protect yourself from potentially devastating claims. It’s used when the limits of your underlying policy coverage have been reached.

What’s covered under umbrella insurance?

Some typical coverage areas under umbrella insurance include bodily injury, personal injury, property damage, or landlord liability.

At Rick Baker Insurance, we’ll work with you to help you determine what’s covered under the umbrella policy of your choice.

What’s not covered under umbrella insurance?

There are a handful of things that aren’t covered under umbrella insurance, including personal belongings, intentional or criminal acts, written or oral contracts, or business losses.

For example, if you back into your own garage, your damage won’t be covered. However, if you damage your neighbors house at the same time, umbrella insurance might cover the damage caused to their property.

As always, you should contact an insurance representative at Rick Baker Insurance to determine what coverage is right for your needs.

Why should I consider umbrella insurance?

Umbrella insurance can benefit just about anyone — that’s because you never know what could happen.

Umbrella insurance is beneficial because it keeps you from paying out of pocket for something that you didn’t expect. For example, an umbrella policy can help cover both legal or medical bills if you’re found responsible for damage or injury to someone or their property.

Not only that, but when you opt for umbrella insurance, commonly, other members of your household are also covered. That means that you won’t have to pay out of pocket for situations caused by your children or your spouse.