Why is Umbrella Insurance Referred to as Gap Insurance?

Most people think that their insurance is enough to cover their potential risk. But no one ever really knows how bad an accident or other incident might be that would require you to pay out-of-pocket for the surplus amount. This can leave you with additional expenses that you thought your insurance would cover.

The goal of insurance is to pay all (not part) of the financial loss of a particular incident such as auto collisions, rental insurance, and home insurance. But what if your current coverage is not enough?

Umbrella Insurance

Umbrella insurance (also referred to as "gap" insurance), kicks in to cover what your other insurance does not cover. It can increase the level of coverage in various situations such as auto insurance or housing insurance, or it may cover other areas of potential risk such as vandalism or theft that other policies do not cover.

What coverage you will get will depend on the company you deal with and the types of policies you are looking to put in place. 

Who Are We?

The Leo Insurance Group does offer gap or umbrella insurance, as well as many other types of coverage. You can speak with them anytime if you live in the Las Vegas NV area. They are focused on your needs and they consider every customer as important as a member of their family.

Weigh Your Risks

The most important factor in determining how much insurance you should carry has to do with your level of risk. Think about your daily activities, how much you drive or travel to other locations, and the number of your investments. 

Then turn to the experts with Leo Insurance Group, covering the Las Vegas, NV area for all of your insurance needs. Because today is the day to purchase insurance. Tomorrow might be too late.