Mostly focused on liability claims.

This form of coverage is specifically about liability, which is the cost you may have to pay to someone else in the event of an unpleasant event for which you are held liable. It normally does not cover damages that you incur on your own, such as when your property is damaged or stolen.

When the liability coverage limits are insufficient, this policy pays out.

Umbrella insurance is typically purchased when the liability coverage limitations on your primary insurance policy are insufficient for your purposes. The insurance will only pay out the remaining of your charges if your primary policy has already paid out in full.

What is the purpose of umbrella insurance?

For example, if your auto policy covers liability up to $500,000, but you cause an accident that results in $600,000 in medical expenses for the other driver, your primary coverage will pay out in full, and the umbrella policy would pay out the remaining $100,000.

What steps may you take to improve your personal liability limits?

Umbrella insurance provides additional coverage if a claim exceeds the limits of your auto, house, or watercraft policy, which you would otherwise have to pay for out of pocket.

Who is covered by an umbrella insurance policy?

Members of your family or household may be covered if you have umbrella insurance. When looking for coverage for your specific scenario, be sure you understand who is protected by your specific insurance.

Do you require umbrella coverage?

The policy will have its own restriction, but this is unlikely to be a problem. Furthermore, coverage may be less expensive than you think. While it protects against big potential payouts, the premium usually reflects the lower risk that the policy will need to pay out.

Are you ready to add umbrella insurance to your safety and that of your family? Contact us to discuss your specific umbrella policy requirements.