We are a litigious society – there are more and more lawsuits filed every year. In record numbers, people are awarded larger judgments than ever before.
Are your insurance liability limits sufficient to protect your assets and future earnings in the event of a lawsuit? We highly recommend looking into Umbrella Insurance. This type of policy is an extra layer of liability coverage above and beyond your automobile, homeowners, motorcycle, or boat policy. Should you be liable for someone’s injuries or damages, and your primary policy’s limit runs out, umbrella insurance can offer additional protection, often a million dollars or more of protection.
Certain exposures, such as swimming pools, trampolines, or inexperienced drivers make a very compelling case to add an umbrella policy. This coverage can often be added for a very reasonable price. Not only does this policy provide you with greater coverage, but it can save you a substantial amount money if the unexpected does happen.
A costly accident can happen to anyone. For instance, you’re involved in a car accident that severely injures another driver. If you’re found at fault for the accident, you could be left with thousands or even millions of dollars in medical bills. An umbrella policy would cover these medical bills beyond the limits of your auto insurance.
Contact us today learn how umbrella insurance could benefit you and your family.