Umbrella insurance refers to a liability insurance policy that protects the assets and future income of the policyholder above and beyond the standard limits on their primary policies. The term “umbrella” refers to how the policy shields the insured’s assets more broadly than primary coverage.
Everyone should discuss personal umbrella coverage with an insurance professional, especially if your personal net worth plus your future income earning ability exceeds the limits of your home insurance and/or your auto insurance.
Often the annual cost of a personal umbrella insurance policy is very minimal compared to the peace of mind that it gives to the policy holder.
One of our licensed Property & Casualty insurance agents in our Personal Lines department can provide you with all of the information you need to determine if a personal umbrella policy is right for you.
Call, click or stop by today to learn more about personal umbrella policies from one of our licensed personal lines insurance agents.