A personal umbrella insurance policy is a wise decision for anyone that owns a home or other assets. The purpose of an umbrella policy is to provide additional liability protection for the insured.
Covered by Umbrella Insurance
An umbrella policy is important to have if you have assets that you want to protect. A typical home policy will cover no more than $500,000 in liability. Car insurance policies will usually max out at $250,000 worth of bodily injury coverage per person and often offer considerably less. This may sound like a lot of coverage but if someone dies whether it be in your swimming pool or from an auto accident, they will most likely go after everything you’ve worked so hard to obtain throughout the years. A base umbrella policy usually offers $1,000,000 worth of coverage though it’s possible to get much more depending on your needs.
Many believe that if they’re safe drivers and conscientious homeowners they won’t ever be sued. However this can be a false sense of security. Accidents are called accidents for a reason. For instance someone could simply slip and fall on your driveway. Some may also believe they don’t have assets to protect so an umbrella policy is unnecessary. This is not correct. If you own nothing more than your home, someone can sue and get a lien against the property. They can also garnish your wages. The cost of an umbrella policy is small considering the amount of protection it extends.
Get a Personal Umbrella Quote
When it comes to insurance we have you covered. Our knowledgeable team is here to guide you in selecting the right personal umbrella insurance policy that fits you. If you would like to learn more or get a quote for personal umbrella coverage, please call us at 800-354-8535. We serve all of California – from SoCal to the Central Valley and beyond.