Umbrellas: Handy & Affordable

You have auto and homeowners’ policies, so why would you need more liability insurance?
ree reasons:

1 Higher coverage limits
2 Relatively cheap
3 Additional protection

Many people don’t realize it, but depending on the situation, their primary insurance policies may not provide enough protection. Typically, policies provide coverage limits of $300,000 to $500,00. This sounds like a lot, but in the case of a serious accident, these amounts could easily be exceeded. With a personal umbrella policy though, your coverage limits are extended from $1 million to $10 million.

“But why can’t I just pay to increase the limits on my primary policy? Isn’t this cheaper than buying an additional policy?” It’s a good question and the answer is, umbrella policy coverage limits are downright cheap when compared to your primary policy – especially when you consider that the additional coverage limits provided by an umbrella policy protect you whether the claim involves your auto or home.

Finally, one of the best reasons for adding an umbrella policy to your protection portfolio is that it provides additional coverage such as protection against “personal injury” claims which are generally not covered by primary policies..

Bottom line – serious situations can be expensive, but there is an affordable option that can provide added protection, should one arise. Call us today for details. We’ll show you how easy and affordable an umbrella policy can be.