The Right Personal Umbrella Insurance Policy
You’ve heard about personal umbrella insurance policies, but what exactly do these entail? Umbrella insurance allows you to extend third-party liability coverage in one of your existing insurance policies, such as home or auto insurance. That way, if you end up having to pay for legal expenses and reach the limit for these expenses in your policy, your umbrella insurance will cover those excess costs. Depending on the umbrella policy, you may also be able to add on coverages that you’re missing in other plans.
Are you wondering if umbrella insurance is right for you? While you may not think it's likely that you'll need additional coverage, potential lawsuits are unpredictable. With generally inexpensive premiums, adding umbrella coverage might seem like a no-brainer.
Participation in certain activities may also increase your risk of facing a lawsuit. For example, if you rent out a home, you may be at greater risk of accruing property damage. If you play on a sports team, there's an increased chance you may accidentally inflict bodily injury to another player. If this sounds like you, then umbrella insurance might be especially worth considering.
At Herrera Insurance Agency & Financial Services Inc., we compare California insurance rates to get the best coverage at the lowest rate. We’ll work with you to conduct a personalized assessment and advise you on whether umbrella coverage is right for you. Simply submit a free quote request and we’ll find the perfect policy fit, present the solution, and send you a quick and accurate quote. Contact us today to implement the best plan to protect your assets.
