Everyone knows that it is vital to protect yourself by carrying adequate insurance. You need insurance for your home, business, and automobile just in case you suffer a loss that you won’t be able to pay for out of pocket. It is particularly important when you have a small business, as you have a lot of your life invested in your business. When you purchased your general liability insurance policy, you knew it would protect you from property damage, bodily injury, and even advertising injury claims. If you live in Lakewood, CO and are worried whether your policy limits are high enough, a representative from Premier Group Insurance can talk to you about your concerns and some possible other options.

Umbrella insurance can help you get covered by providing additional coverage in case you end up owing more than your policy allows. Your limit on your umbrella insurance policy will be much higher and can supplement your other insurance policies, including property and auto insurance. It will also help you by providing additional coverage for general liability claims, such as property and bodily injury claims. 

Owing more money is a real danger if you end up being a defendant in a lawsuit. Your umbrella policy will cover all your legal damages up to the policy limit. You can even recover legal fees, and be covered for false arrest, slander, and libel.

If you have an umbrella insurance policy, your protection will kick in as soon as your other insurance reaches its limit. Your legal defense will be paid, even if you are found not liable in the lawsuit. Your insurance company will even pay if there is an agreed settlement amount, up to the limits of the policy. If you would like to receive this crucial additional coverage in Lakewood, CO, contact Premier Group Insurance today. Our agents are ready to help you get started.