Umbrella insurance is a form of liability protection designed to provide financial support if another person or business files a claim against you. These policies typically apply when a claim exceeds the value of your existing general liability insurance, helping cover the additional cost of a settlement.<\/p>\n
At Colling Insurance Services, Inc., we help our clients secure proper coverage for all of their risks. If you’re unsure whether you need umbrella insurance in Lakewood, CO, give us a call for a quote now.<\/p>\n
Umbrella insurance provides protection from various types of claims made against you, such as involvement in a car accident. If your general liability insurance isn’t enough to cover all the losses suffered by the other party, this policy provides an additional layer of protection.<\/p>\n
The insurance company typically manages the entire process on your behalf. They handle the claim brought by the injured party, gather evidence, and negotiate a settlement. Once an agreement is reached, the insurance company generally pays the negotiated settlement to the other party. If a settlement can’t be reached, your insurer will provide legal representation on your behalf in court, and any compensation ultimately owed to the injured party is paid from there.<\/p>\n
These policies do come with limits, meaning there’s an upper amount beyond which the policy won’t pay. That said, umbrella policies are typically written with very high limits, offering substantial protection for these kinds of difficult situations.<\/p>\n
At Colling Insurance Services, Inc., we can help you choose coverage that gives you peace of mind in cases like these. If you need umbrella insurance in Lakewood, CO, reach out to us now for a consultation and a review of your policy.<\/p>\n
Umbrella insurance is a form of liability protection designed to provide financial support if another person or business files a claim against you. These policies typically apply when a claim exceeds the value of your existing general liability insurance, helping cover the additional cost of a settlement. At Colling Insurance Services, Inc., we help our […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[469,470,514,515,229,363],"class_list":["post-1038","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-co","tag-colling-insurance-services","tag-inc","tag-insurance","tag-lakewood","tag-umbrella"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t