What is Trella Insurance?

Trella Insurance is an independent insurance brokerage based in Bellevue, Washington. We serve high-asset households and real estate investors by conducting comprehensive risk reviews and designing personal lines coverage — home, auto, umbrella, and rental property.

How does an independent insurance broker differ from a captive agent?

A captive agent works for one insurance company and can only offer that company's products. An independent broker like Trella Insurance works with multiple carriers and shops the market on your behalf to find coverage that fits your actual situation — not just what one insurer sells.

What does a risk review cost?

Trella Insurance's initial risk review is complimentary. There is no charge for us to audit your current policies, identify coverage gaps or redundancies, and present our findings.

What types of insurance does Trella Insurance offer?

Trella Insurance offers personal lines insurance (home, dwelling, contents, liability, loss of use), auto insurance for daily drivers and collector vehicles, umbrella liability policies, and landlord coverage for rental properties.

What is an umbrella insurance policy and how much do I need?

An umbrella policy provides liability coverage beyond the limits of your home, auto, or commercial policies — it activates when a claim exceeds your underlying policy limit. Most high-asset households and property owners need significantly more umbrella coverage than a standard $1 million policy provides, especially if they own rental properties or operate a business.

Does Trella Insurance work with business owners?

Yes. Business owners often have more complex personal insurance needs — higher-value homes, rental properties, and greater liability exposure. Trella focuses on personal lines: home, umbrella, auto, and rental property. Commercial lines are coming soon.

What areas does Trella Insurance serve?

Trella Insurance is based in Bellevue, WA and licensed in Washington, WAOIC #1356476. We are expanding state licensing to serve clients nationally.

How does Trella Insurance get paid?

Like most independent brokers, Trella Insurance is compensated through commissions paid by the insurance carriers when a policy is placed. The initial risk review and brokerage service carry no direct fee to clients.

What is replacement cost coverage and why does it matter?

Replacement cost coverage pays to rebuild or replace your property at current construction costs, regardless of depreciation. Actual cash value coverage — common in standard policies — pays only the depreciated value, which is often far less than what it actually costs to rebuild. Many homeowners discover this gap only after a significant loss.

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Home InsuranceJune 22, 2025

Is Your Home Underinsured? How to Find the Gap

Underinsurance is invisible — right up until you file a claim and discover your policy won't cover the full loss. The good news is it's easy to check for in advance.

The common signs you're underinsured

Your policy limit hasn't changed in years, while construction costs have risen sharply.
You renovated and never updated your coverage.
You insured to purchase price instead of rebuild cost.
You have actual cash value (depreciated) rather than replacement cost coverage.
Your liability limits and umbrella haven't kept pace with your net worth.

How to check

Get a current reconstruction estimate and compare it to your dwelling limit.
Confirm your coverage type — replacement cost, ideally guaranteed or extended.
List renovations since your last review and make sure they're reflected.
Compare your umbrella to your net worth — the coverage gap calculator makes this quick.

Why it matters most for high-value homes

The bigger and more custom the home, the larger the dollar gap if you're under-insured — and the more likely the original estimate was low. A quick review closes it before a claim exposes it.

Frequently asked questions

How do I know if my home is underinsured? Compare your dwelling limit to a current rebuild-cost estimate, check that you have replacement-cost coverage, and confirm renovations are reflected. Gaps in any of these mean underinsurance.

What happens if my home is underinsured at claim time? You may receive only a partial payout, covering your stated limit and leaving you responsible for the rest of the rebuild.

How often should I check? Annually, and after any renovation or significant rise in construction costs.

More in this series: Why You Must Update Insurance After a Renovation · Extended vs Guaranteed Replacement Cost

Insuring a high-value home is rarely just about the structure; Home Insurance in Bothell and Canyon Park and Scheduled Personal Property: Covering Your Valuables round out the picture.

Trella Insurance is an independent brokerage in Bellevue, WA. Try the coverage gap calculator or request a free review.

← PreviousWhy You Must Update Insurance After a Renovation Next →"Replacement Cost vs Market Value: Why It Matters"

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