Umbrella insurance is designed to protect you from events that can lead to major financial loss. Whether you have considerable equity in your home, own a second home or rental property, or have other personal assets you want to protect an umbrella policy can help round out your insurance coverage. An agent can explain situations more specifically tailored to you.
Here is one example of how an umbrella policy can help safeguard both you and your assets: Umbrella insurance steps in when your homeowner’s insurance policy has reached its limit.
An example is a guest slips and falls on your front porch and is seriously injured. The injured party sues for pain and suffering, medical bills, and lost wages. An umbrella policy can help you weather the unexpected by adding extra protection.