ALLConnecticut Insurance is here to help our West Hartford, CT customers make wise choices. Understanding the basics of umbrella insurance can help you understand whether it’s a good investment for you. 

What is Umbrella Insurance? 

Umbrella insurance is ‘excess liability insurance.’ If you are found at fault in a claim that exceeds your policy limits, your assets will be protected by this additional coverage. For that reason, you can also think of it as asset protection.  

What Qualifies as Assets?

You may be surprised at what qualifies as assets that can be seized or garnished if you are found at fault. It can include: 

• Homes & other properties
• Business assets
• Vehicles
• Financial assets, including investments, checking, and savings
• Estimated future income 

Who Should Consider Umbrella Insurance? 

Umbrella insurance isn’t for everyone. The extra cost may not make sense if you have limited assets and don’t expect them to grow significantly. However, some of us are at higher risk. That includes people who: 

• Have a robust financial portfolio
• Own a trampoline or pool. 
• Anticipate a strong future income. 
• Own property.
• Own a business.
• Coach youth. 
• Enjoy outdoor sports like boating, skiing, or hunting.
• Own dogs, horses, or other large animals.
• Enjoy hosting events on your property.
• Serve on a board. 

Three Key Reasons to Consider an Umbrella Policy 

So, when is umbrella insurance a good choice?  

1. Your lifestyle includes higher risk. 
2. You have significant assets to protect.
3. You have children or higher risk exposure through your work. 

Umbrella insurance may be worth considering to protect your assets and future financial stability. If you have questions, call or stop by ALLConnecticut Insurance today. Our friendly staff proudly serves the West Hartford, CT area and is happy to answer your questions. 

You decide what your recreational policy from ALLConnecticut Insurance in West Hartford, CT covers. If you only want liability coverage, you can do that, similar to the minimum coverage for a car or truck. But you can also fully protect your finances and vehicles by obtaining full coverage.

You can choose recreational vehicle coverage for your RV, motorhome, golf carts, and more. Any vehicle you drive on the roads, even for a quick trip to the corner store, needs insurance. Your recreational policy, also sometimes called RV insurance or toy insurance, can feature the following types of coverage:

• Property damage liability
• Injury or death liability
• Collision
• Comprehensive
• Roadside assistance

While you protect the other drivers on the road with liability coverage, the latter three policy coverage types protect your recreational vehicles.

If your ATV hits a root and tears up the undercarriage or your RV springs an oil leak, the comprehensive coverage pays for the repairs. If you run into someone’s mailbox with your RV, your collision coverage pays for the repairs to your RV. (Your liability coverage pays for the person’s mailbox.) The roadside assistance covers things like flat tires and running out of gas. A tow truck comes to your assistance with your roadside coverage paying for it.

Since most people purchase a recreational policy to cover their motorhome and vacation in it, we typically recommend that you buy a full coverage policy. Full coverage protects you, your vehicle, and your vacation. Some recreational vehicle coverage even includes rental car coverage, so if your RV takes a few days to fix, you’ll have a car to drive locally while you wait to get on the road again.

Contact ALLConnecticut Insurance serving West Hartford, CT for a recreational policy to protect your recreational vehicles. Let us help you create a custom policy that provides the coverage you need.

RVs provide a home’s comfort with a car’s convenience and mobility. Many people own RVs and are free to travel without worrying about hotel stays. Some people use their RV full-time, while others may use it only once a year. Our West Hartford, CT team at ALLConnecticut Insurance is dedicated to helping RV owners get the coverage they need.

What is RV Insurance?

RV insurance is similar to auto insurance in that it protects RV owners for liability or at-fault accidents, property damage, out-of-pocket costs for repair, and roadside help. In essence, RV insurance covers many of the same things auto insurance covers. This includes damage from auto accidents, extreme weather conditions, non-insured motorists, and more. Fire, theft, falling tree branches, and more are examples of incidents covered by RV insurance.

Do I need RV insurance if I Only Drive Once a year?

Whether you are a full-time RV-er or you drive your RV occasionally, you’re still required to carry liability insurance for your RV. Similar to cars, RV drivers are required to carry state liability coverage that meets the state minimum requirements. Plus, RV drivers living in a no-fault state must carry PIP or personal injury insurance. RV insurance can also provide roadside help if you need it. Your insurance agent can help you get the policy that meets your needs. If you have questions about RV insurance and want to know what an RV insurance policy covers, call us. We can help you find the coverage that suits your needs best, regardless of how frequently you drive your RV. 

Like most people, you probably think of your car when you hear "insurance." But there’s another type of insurance that’s just as important: recreational vehicle (RV) insurance. Here’s what you need to know about recreational insurance in West Hartford, CT.

What is recreational vehicle insurance?

Recreational vehicle insurance is a type of insurance that helps protect you financially if your RV is damaged or stolen. It also covers you for damage to someone else’s property with your RV. Like car insurance, recreational vehicle insurance has different coverage options, so you can choose the one that best fits your needs.

Why do I need recreational vehicle insurance?

If you’re financing your RV, your lender will probably require you to have insurance. Even if you own your RV outright, it’s a good idea to insure it in case it’s damaged or stolen. RVs can be expensive to repair or replace, so having insurance can help financially if something happens to your RV.

An ALLConnecticut Insurance Agency representative can help you choose the right recreational vehicle insurance policy for your needs.

What Are My Choices for Recreational Insurance?

There are two main types of recreational vehicle insurance: comprehensive and collision. Comprehensive insurance covers damage to your RV that’s not caused by collisions, such as theft, vandalism, or weather damage. Collision insurance covers damage to your RV if it’s in an accident.

You can also choose to add other types of coverage to your recreational vehicle insurance policy, such as:

• Roadside assistance: This coverage can help pay for towing and other services if your RV breaks down while you’re on the road.
• Full-time coverage: If you live in your RV full time, you may want to add this coverage, designed for RVs used as primary residences.

Speak with an ALLConnecticut Insurance Agency representative to learn more about your coverage options and get a quote for recreational insurance.

Irrespective of umbrella insurance not being mandatory in Connecticut, it provides a higher coverage limit than underlying traditional policies. Umbrella insurance is robust stand-alone liability coverage that offers a supplementary limit to other chief coverages like homeowners and auto insurance. Procuring umbrella insurance in West Hartford, CT safeguards a policyholder by providing supplemental coverage beyond protecting your assets. Additionally, the litigious society we thrive in, especially in West Hartford, CT, prompts one to own a picturesque financial plan in case a third party slaps you with an outrageous lawsuit. Please get in touch with our experienced agents at ALLConnecticut Insurance today. Our professional specialists will help forge a solidified umbrella insurance that will kick in when your underlying coverage is depleted. Keep reading to establish some of the exclusions of umbrella insurance:

It’s crucial to know that umbrella insurance won’t safeguard you against every imminent calamity is imperative. Most West Hartford, CT residents believe that umbrella insurance works as a stand-alone coverage, which is not the case. Therefore, it’s prudent to understand what umbrella insurance covers and doesn’t cover. Exclusions of umbrella insurance include:

In availability of underlying coverage like auto and home: Umbrella insurance doesn’t work in isolation. It kicks in to supplement other existing policies when they get depleted. This policy is supplemental rather than stand-alone coverage. Additionally, the insurer will require you to meet a specific coverage limit on your auto or home coverage before allowing you to add umbrella insurance on top of it.

Other exclusions include:

• Damage to your personal property like appliances and furniture.
• Personal injuries
• Intentional or criminal undertakings
• Property damage or injuries are emanating from specific scenarios like injuries cropping up when using uncovered recreational vehicles or owning uncovered dog breeds.
• Other injuries or damages emanate from your business undertakings.

Do you need additional financial insulation for your existing underlying auto or home insurance policies when they get exhausted? Umbrella insurance may cover instances like libel, slander, and false imprisonment, which other policies don’t cover. Please call us at ALLConnecticut Insurance in West Hartford, CT today for more information about umbrella insurance.