General

Two insurance terms that are often used interchangeably in Williamston, MI are umbrella insurance and excess liability insurance, but they are not the same thing. CG Insurance Agency clarifies the differences between umbrella and excess liability insurance and how they complement primary auto or home insurance policies.   Excess Liability Insurance Excess liability insurance is…

Umbrella insurance is an essential coverage to consider when purchasing insurance. It can help protect you in the event of a significant liability claim and provide peace of mind knowing that your assets are safe. Unfortunately, many people make mistakes with umbrella insurance due to a lack of understanding of how it works and why…

An umbrella insurance policy is an important type of coverage to have in place if you’re at risk of being sued. This type of policy protects your assets beyond the limits of your regular auto or homeowners insurance since these policies vary widely and will only pay up to a specified maximum amount. While it’s…

At CG Insurance Agency in Williamston, MI, we get a lot of questions about umbrella insurance. Umbrella insurance is an important type of insurance to have, but it’s not required by law like auto or health insurance. So, why do you need it? Here are four reasons to consider umbrella insurance: Protects You from Lawsuits…

Purchasing umbrella insurance is an excellent move if you have significant savings, assets, and income that you want to protect. However, it’s critical that you be careful when purchasing umbrella insurance not to make mistakes that can hurt you financially. Here are some typical mistakes people make with umbrella insurance that every resident of the greater…

Think of umbrella insurance as an extra safety net that kicks into gear when your existing liability coverage on your insurance policies is exhausted. In short, an umbrella policy protects your existing assets and future assets from the cost of losing a lawsuit because of a vehicle accident, incident at your home, or any other…

In 2020, there were 16,991 dog bite claims nationwide totaling aggregate damages of about $854 million, according to the Insurance Information Institute.1 For most homeowners (and renters), a standard policy generally covers any legal liability that may result from their dog biting or harming another individual. Typically, this coverage is designed to extend to places…

An insurance deductible is an amount you, the insured, pay before any claim is paid by your insurance carrier. Depending upon the type of insurance, a policy may set the amount of deductible, or offer you the ability to select a deductible amount. Deductibles serve a dual purpose: they save the insurance company money (including…