Umbrella Insurance
Accidents can happen anytime—and Colorado residents know that life is unpredictable. Umbrella insurance adds an extra layer of protection when standard liability coverage isn’t enough, shielding your assets from costly lawsuits and financial stress. At RPM Agency, we help families and individuals throughout Colorado extend their coverage with confidence.
What Umbrella Insurance Can Cover
Excess Liability Coverage
Extends your liability limits beyond what your Colorado auto, homeowners, or renters policies provide—especially valuable after a serious accident or injury.
Legal Defense Costs
Covers attorney fees, court costs, and judgments that go beyond your base policy limits. Colorado’s legal expenses can add up fast in a lawsuit.
Injuries and Property Damage to Others
Helps protect you if you’re responsible for a major injury or property damage that exceeds your standard liability coverage.
Libel, Slander, and Defamation
Offers personal liability protection for reputational harm—especially helpful for business owners and public-facing professionals.
Worldwide Coverage
In many cases, umbrella coverage follows you beyond Colorado—even internationally.
Why Umbrella Insurance Matters in Colorado
Lawsuits Are Expensive
Colorado courts can award high settlements—umbrella insurance helps protect your savings and assets from being drained by legal fees or judgments.
You May Own More Than You Think
If you own a home, rental property, or investment accounts in Colorado, those assets could be at risk in a liability lawsuit.
Everyday Risks Add Up
Whether you’re hosting a BBQ in Boulder or coaching a youth team in Aurora, umbrella coverage protects against everyday accidents that could turn into major claims.
Colorado Umbrella Insurance FAQs
How does umbrella insurance work in Colorado?
Umbrella insurance provides extra liability protection when your underlying coverage—like your Colorado auto or homeowners policy—runs out. For example, if you’re responsible for a major car accident in Denver and your auto policy only covers part of the damages, umbrella insurance can pay the difference. It’s designed to help protect Colorado families from large financial losses caused by legal claims or accidents.
Who in Colorado should consider umbrella insurance?
Anyone with significant assets in Colorado—like a home, cabin, rental property, or retirement savings—should consider umbrella insurance. It’s also a smart choice for anyone who entertains frequently, volunteers in the community, or owns dogs, pools, or other liability risks. If a lawsuit were filed, umbrella coverage helps protect everything you’ve worked hard to build.
Is umbrella insurance expensive in Colorado?
Not at all. Most $1 million umbrella policies in Colorado cost between $150 and $300 per year, depending on your risk profile and existing coverage. Considering how costly lawsuits can be in Colorado, it’s one of the most cost-effective types of insurance available. RPM Agency can walk you through affordable options that pair seamlessly with your current policies.
Does umbrella insurance cover my property or belongings?
No, umbrella insurance strictly provides liability protection—it doesn’t cover damage to your own home or belongings. It’s designed to step in when you’re legally responsible for injuries, damage, or lawsuits against you. For full protection in Colorado, it works best when combined with strong home, auto, or renters coverage.
What are the requirements to qualify for umbrella coverage in Colorado?
Most Colorado insurers require that you carry a minimum amount of liability on your primary policies—often $250,000/$500,000 for auto insurance and $300,000 for homeowners liability. RPM Agency helps review your coverage and ensure your base policies meet the qualifications, so you can extend your protection with ease.