{"id":66,"date":"2022-11-28T04:00:00","date_gmt":"2022-11-28T10:00:00","guid":{"rendered":"https:\/\/www.atriuminsurancegroup.com\/blog\/?p=66"},"modified":"2022-12-01T18:51:33","modified_gmt":"2022-12-02T00:51:33","slug":"umbrella-insurance-offers-additional-financial-protection","status":"publish","type":"post","link":"https:\/\/www.atriuminsurancegroup.com\/blog\/umbrella-insurance-offers-additional-financial-protection\/","title":{"rendered":"Umbrella Insurance Offers Additional Financial Protection"},"content":{"rendered":"<p><span style=\"color:#333333\"><span style=\"background-color:#fafafa\"><span style=\"color:#212529\">Do you live in or near the Centennial, CO area? In the event of a lawsuit, do you think you have enough liability insurance coverage or savings to settle the claim? Let the insurance professionals at Atrium Insurance Group explain why umbrella insurance is a good investment.<\/span><\/span><\/span><\/p>\n<h2><span style=\"color:#333333\"><span style=\"background-color:#fafafa\"><span style=\"color:#212529\">Why&nbsp;Umbrella Insurance?<\/span><\/span><\/span><\/h2>\n<p><span style=\"color:#333333\">Basically, umbrella insurance is an added layer of protection beyond the limits of your existing policy coverage and limits. It provides coverage for property damage, injuries, lawsuits, and personal liability scenarios.<\/span><\/p>\n<p><span style=\"color:#333333\">For example, if you cause a car accident in which the passengers of the other vehicle were severely hurt, would your current car insurance liability coverage be enough to compensate? If the accident results in a lawsuit, the financial implications are great. If your liability coverage on the car insurance policy is $100,000 and you are being sued for $1 million, then what? <\/span><\/p>\n<p><span style=\"color:#333333\">Umbrella insurance would pay an additional $900,000. There would be no need to touch your savings, sell your house, or cash in your retirement. The extra protection you wisely purchased would take the hit &ndash; not you.<\/span><\/p>\n<p><span style=\"color:#333333\">Individuals who are fortunate enough to have a significant amount of money or assets especially need umbrella coverage. You haven&rsquo;t worked hard, so the fruits of your labor could be given away to another individual. <\/span><\/p>\n<p><span style=\"color:#333333\">It is recommended that you purchase enough umbrella insurance to cover the amount of your assets. For example, if you have assets totaling $5 million, you purchase $5 million worth of umbrella coverage. This protects your possessions, your checking and savings accounts, college savings, retirement and investment accounts, and the equity you have built in your home. <\/span><\/p>\n<h3><span style=\"color:#333333\">Give Us A Call<\/span><\/h3>\n<p><span style=\"color:#333333\">Let the insurance professionals at Atrium Insurance Group in <span style=\"background-color:#fafafa\"><span style=\"color:#212529\">Centennial, CO <\/span><\/span>provide you with a quote or answer any questions you may have. Contact us today &#8211; we are here to help.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you live in or near the Centennial, CO area? In the event of a lawsuit, do you think you have enough liability insurance coverage or savings to settle the claim? Let the insurance professionals at Atrium Insurance Group explain why umbrella insurance is a good investment. Why&nbsp;Umbrella Insurance? Basically, umbrella insurance is an added [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[14,13],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-umbrella-insurance","tag-atrium-insurance-group","tag-centennial-co"],"_links":{"self":[{"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":1,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":67,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions\/67"}],"wp:attachment":[{"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atriuminsurancegroup.com\/blog\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}