Umbrella Coverage
Umbrella Coverage Information
Umbrella Insurance That Adds an Extra Layer of Protection
Umbrella insurance provides an extra layer of liability protection
that goes beyond the limits of your existing insurance policies,
helping protect your finances from large claims or lawsuits.
Your home, auto, or other insurance policies include coverage limits
that help determine how much your policy will pay after a covered loss.
If a claim exceeds those limits, you could be responsible for paying
the remaining costs out of pocket. An umbrella policy may help provide
additional protection when those situations occur.
How Does Umbrella Insurance Work?
Umbrella insurance can extend the liability coverage you already have
through eligible policies such as:
- Auto insurance
- Homeowners insurance
- Renters insurance
- Other eligible personal or business insurance policies
Extra Protection
An additional layer of liability coverage
Beyond Your Limits
Additional protection when underlying coverage reaches its limits
Protect What You've Built
Help protect your assets and financial future
More Peace of Mind
Additional liability protection for unexpected situations
How Does Umbrella Insurance Work?
For example, if you are involved in an accident where the damages exceed
the liability limit on your auto insurance policy, an umbrella policy may
help cover the remaining costs up to the umbrella policy limit.
Auto Insurance
Umbrella coverage may provide additional liability protection when
an eligible auto claim exceeds the underlying policy limits.
Homeowners Insurance
An umbrella policy may provide additional liability protection
connected to eligible homeowners coverage and covered claims.
Renters Insurance
Umbrella coverage may extend liability protection beyond the limits
of an eligible renters insurance policy.
What Does Umbrella Insurance Help Protect Against?
Umbrella insurance may provide additional protection for situations
such as:
- Serious accidents that result in costly injuries
- Large liability claims
- Lawsuits that exceed your existing policy limits
- Certain personal liability situations, such as claims involving libel or slander
Why Consider Umbrella Insurance?
Unexpected accidents and lawsuits can create significant financial
risks. Umbrella insurance may help protect your savings, assets, and
future income by providing additional liability coverage when your
other policies reach their limits.
It can be an affordable way to increase your overall protection without
significantly increasing the limits on each individual policy.
Is Umbrella Insurance Right for You?
Umbrella coverage may be worth considering based on factors such as:
- Personal assets
- Income and financial goals
- Lifestyle and activities
- Existing insurance coverage
A licensed insurance professional can help review your current policies
and determine whether umbrella insurance is the right fit for your
protection needs.
Next Steps
Protecting what you have built requires planning for the unexpected.
Contact an insurance professional today to learn how umbrella insurance
can provide an additional layer of security for your future.
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