At Colling Insurance Services, Inc. we understand that purchasing insurance is a little complicated for the average person. They aren’t familiar with the industry lingo that governs the policy. If you are like the average person, when it comes to purchasing insurance, you may purchase the least expensive insurance possible, and not understand the risks you expose yourself to as a result of focusing solely on costs. If you’ve done this in the past, umbrella insurance may be able to help you cover deficits.

Umbrella Insurance Is Portable

One of the many benefits of purchasing a personal umbrella policy is the fact that it’s portable. In fact, you get more than portability with umbrella insurance. You can use umbrella insurance with any type of policy. In essence, your umbrella insurance may help you cover the costs of fending off lawsuits.

Umbrella Insurance Offer Flexible Coverage Options

Another feature your traditional insurance and umbrella insurance share is coverage flexibility. You can choose the amount of your policy based on the risks you want to insure against. Umbrella insurance places you in the driver seat because you can choose to have the amount of coverage you need, when you need it.

Umbrella Insurance Saves You Money

Lawsuits payouts are growing each year. With hundreds of people getting millions in lawsuit settlement, the cost of an umbrella insurance lawsuit could result in you losing everything you own. Instead of paying hefty lawsuit settlements, with the financial backing of your insurance provider, you may find that you aren’t alone when you have umbrella insurance.

At Colling Insurance Services, Inc. our team of licensed insurance agents can pair umbrella insurance with your auto insurance, professional liability insurance, or homeowner’s insurance to ensure you have enough just in case you get sued. If you are in and around the Lakewood, CO area, we are happy to help you understand the ins and outs of umbrella insurance.

Colorado is one of the most beautiful states in the country to travel around and there may be no better way to do it than on a motorcycle. So if you live in a place like Lakewood, Colorado and own a motorcycle, you will probably be using it to see the sights on a regular basis. Which means you will need some kind of motorcycle insurance, usually as much as possible. Consider setting up a policy with a local agent like Colling Insurance Services, Inc. for the following reasons.

PROTECT YOURSELF AND YOUR FAMILY

In the event you have an accident on a motorcycle, you will probably end up in the hospital and could be dealing with some very serious and expensive medical care. You will need a well rounded insurance policy to cover all of this so that you and your family don’t end up spending a small fortune on medical bills. You should also have some coverage for damage the accident may do to another motorist, as you and your family could be sued in the event of an accident, which can also be incredibly costly in the long run.

PROTECT YOUR BIKE

To most motorcyclists, their motorcycle is like another family member. So you will want to take care of it and have some sort of policy in place to protect it and pay for any damage that may occur when there is an accident, whether it’s a big or small one. This works much the same way car insurance does, in that the motorcycle will pay for anything over the deductible you establish on your policy.

PROTECT FROM FINES

Also, not having any form of motorcycle insurance is punishable by a ticket from the police. So since you’re basically going to have to get it anyway, make sure you get the right amount of it.