Experiencing a major insurance claim or lawsuit could lead to personal financial loss if costs exceed coverage provided by your standard homeowners and auto policies.
What is Umbrella Insurance
Umbrella insurance is simply additional coverage for an extra layer of protection. Most commonly, umbrella insurance is an addition to either a car or homeowners insurance policy.
Pays Out When Liability Coverage Limits Are Not Enough
An individual and/or family would procure umbrella insurance when their primary insurance policy has liability coverage limits which are too low for your needs. Umbrella insurance will only come into effect when your primary insurance policy has been paid out in full.
Is Umbrella Coverage right for your needs?
As with your primary insurance policy, the umbrella policy has its own limits on insurance. Since an umbrella policy is an added layer of risk, they are cheaper as the risk is reduced since they only come into effect if the primary insurance policy limits have been exhausted.
Contact us about adding a cost-effective umbrella policy to your account. It is easy and provides additional protection for you and your family.