Your auto and home policies have a limit on how much they will pay for a liability claim. If an unfortunate accident should happen, the last thing you want to worry about is if you have enough coverage. Umbrella insurance is not just for the wealthy anymore since no one can predict how much a judge or jury may award the injured person(s).
Liability insurance is the portion of your auto and home policy that pays for expenses you may be legally liable for it you are at-fault for the accident. Some of the expenses you may incur are: damages to property or vehicles, rehabilitation therapy, pain and suffering lost wages, and legal expenses. After adding up all the costs, your auto or home policy liability limit may not be enough to cover all the damages. Not having enough liability coverage could result in having your assets seized or your future earnings garnished to cover expenses not covered by your auto or home policy.
There is good news! Umbrella insurance is designed to give you added protection above and beyond the limits of your auto and home policies without incurring large costs. Coverage amounts typically range from 1 to 5 million and is inexpensive when compared to the amount of coverage you gain.
Having the added protection of an umbrella policy is coverage no one should go without. Give us a call or request your quote today!