Tag: umbrella insurance policies

Let’s face it: insurance talk isn’t usually the most exciting topic at the dinner table. But umbrella insurance? Oh, it’s got stories. It’s the kind of coverage that sits quietly in the background… until something big (and often bizarre) happens.

Umbrella insurance is all about extra protection. When your regular policies (like home or auto insurance) reach their limit, umbrella coverage steps in to cover the rest. Think of it as the “just in case life gets weird” insurance. And trust me: it sure does.

Here are Four Wild (But Real) Scenarios that Umbrella Insurance Could Help Cover:

1). Your Dog Has a “Bad Day”

We all love our furry friends, but even the gentlest pup can have an off moment. If your dog bites a neighbor, a delivery person, or anyone, you could be held liable for medical bills and even legal fees. Most homeowners insurance policies offer some liability coverage — but if the claim is big? That’s where umbrella insurance steps in to cover the damages.

2). You’re Sued Over a Social Media Post

Yep, it’s 2025 and we’re still learning that the internet is forever. If you or your teenager posts something online that someone considers defamatory, offensive, or damaging to their reputation, they might sue. And lawsuits, even frivolous ones, get expensive fast. Umbrella insurance can help cover legal fees, settlements, or judgments if your standard policies don’t.

3). A Guest Trips at Your Backyard BBQ

You invite the neighbors over for some burgers, hot dogs, and cornhole. Sounds innocent, right? Until someone trips over your garden hose, breaks an ankle, and decides to sue you for medical expenses and lost wages. Your homeowners insurance may cover some of it, but if they’re asking for more than your policy limit, umbrella insurance can keep you from paying out of pocket.

4). Your Teen Driver Causes a Major Wreck

Teen drivers are wonderful… and also statistically risky. If your kid is at fault in a serious accident that causes major injuries or property damage, your auto policy might not be enough. If the medical bills, legal costs, or repair estimates exceed your auto coverage, umbrella insurance helps cover the rest.  Statistically, 80% of umbrella insurance pays out for at fault accidents. 

Coverage for When Life Gets Crazy

No one plans for these things — but they do happen. Umbrella insurance is one of the most affordable ways to add a layer of financial protection to your life, especially when the unexpected takes a turn for the chaotic.

At Avalue Insurance, we make it easy to figure out if umbrella coverage is right for you. We’ll walk you through the details, explain your options, and help you get the right protection for your lifestyle.

Give in touch with us today to get started! You can give us a call at 303-773-3332, email us at info@avalueinsurance.com, or request a quote right here online!

Umbrella insurance: it sounds fancy, doesn’t it? Like something only millionaires would bother with or need. But here’s the thing: umbrella insurance isn’t just for the ultra-wealthy. In fact, it’s a surprisingly affordable way to protect yourself from life’s curveballs. Unfortunately, there are a lot of myths floating around about umbrella insurance that keep people from realizing its true value. So, let’s clear up the confusion and get to the facts.

The Top Myths, Debunked 

Myth #1: “I Don’t Have Enough Assets to Need Umbrella Insurance.”

This is one of the biggest myths out there. People assume umbrella insurance only protects valuable, tangible assets. But it also shields your future earnings. If you’re sued for more than your regular insurance covers, your wages could be garnished for years to pay off the judgment. Umbrella insurance steps in to cover those extra costs so you’re not paying out of pocket for the next decade.

Myth #2: “It’s Too Expensive.”

Think umbrella insurance is going to break the bank? Think again! Most policies have surprisingly affordable premiums, even for $1 million-worth of coverage! In fact, many wind up being cheaper per year than your daily latte habit! And considering the peace of mind it offers, trust me: it’s worth every penny. 

Myth #3: “My Regular Insurance Already Covers Everything.”

Not quite. Regular insurance policies, like home or auto insurance, have limits. Once those limits are reached, you’re responsible for the rest. Let’s say you’re in a car accident, and the damages are $750,000, but your auto policy only covers $500,000. Without umbrella insurance, you’re on the hook for the extra $250,000. Umbrella insurance bridges that gap and keeps your savings intact.

Myth #4: “I’m Careful, So I’ll Never Need It.”

Even the most careful people can’t control everything. Accidents happen, and lawsuits are more common than you’d think. What if someone trips on your property or a social media post you made leads to a defamation claim? Umbrella insurance covers these unexpected scenarios, giving you a financial cushion for life’s little (and not-so-little) surprises.

Myth #5: “It’s Only for the Wealthy.”

Sure, umbrella insurance is a no-brainer for high-net-worth individuals, but it’s also for anyone who wants to avoid financial ruin. Whether you’re a homeowner, renter, or parent of a teen driver, umbrella insurance adds an extra layer of protection that anyone can benefit from.

The Bottom Line

Umbrella insurance isn’t as complicated — or exclusive — as it sounds. It’s an affordable, practical safety net that protects your savings, your assets, and even your future earnings from the unexpected. Whether you’re dealing with a lawsuit or an accident, having umbrella insurance can make all the difference.

Ready to Debunk the Myths for Yourself?

At Avalue Insurance, we’re here to help you separate fact from fiction. Our team will walk you through your options, answer your questions, and find the right umbrella insurance policy for your needs — without breaking the bank.

Don’t let misconceptions keep you from the protection you deserve. Let’s make sure you’re covered, rain or shine! Contact us today at 303-773-3332, info@avalueinsurance.com, or request a quote right here online!