Need an Umbrella? The Insurance Kind – not the rain kind.

We frequently get questions about Umbrella Policies. What are they? Do I need one?

Here are a few basic answers:

It’s a common misconception that an Umbrella Policy is too expensive and only for rich people. Here’s the reality: the vast majority of our customers’ typical possessions and everyday activities make umbrella coverage valuable. And a $1 million Umbrella policy, in many cases, is less than $17.00 a month for an annual policy. A common way to think of umbrella liability coverage is that it is a form of asset protection since it would pay under extraordinary circumstances so that you personally don’t have to.

So who could benefit from an umbrella policy?

People Who:

  • Drive a car or let someone else use their car.
  • Host dinner parties or other gatherings.
  • Have young drivers (or more mature drivers) in the household.
  • Have children and participate in carpools or other activities.
  • Own a home, rental properties or multiple residences.
  • Have a pool, hot tub, trampoline, ATV, boat or motorcycle.

If you want to know more — give us a call. Or call your agent. We are here to answer all your questions.