Does my umbrella policy cover me if my kid falls in my neighbor’s swimming pool in Coppell, Texas?

An umbrella insurance policy provides additional liability protection above and beyond the liability coverage you already have with your home or auto insurance policy. If your kid is playing in your Coppell, Texas neighbor’s swimming pool and gets hurt, neither your home insurance policy nor your umbrella policy will pay for the medical bills that you might incur. Health insurance is a separate type of policy that you can buy to protect your child and your family if they are hurt either on or off your property.

Now, if your kid is injured while jumping in the swimming pool at your neighbor’s house, your neighbor’s home policy or umbrella policy may cover the cost of medical care if it is determined that your neighbor was at fault for the injury. Most insurance companies consider a swimming pool to be an attractive nuisance that, just by being there, presents a risk.

Homeowners throughout Coppell have liability for injuries to others or for damage to other individual’s property. While a standard home policy will usually be more than adequate to cover the cost to replace personal property that is broken or stolen, it may not be enough to cover a serious injury or death that happens in your home or on your property.

If you hold a birthday party for your kid and one of his friends falls down the staircase and breaks his neck, the medical bills could hit $500,000 or more. Your home liability insurance may only be sufficient to cover the first $100,000 of expenses. Umbrella insurance will pay the additional expenses.

There are many good reasons to have an umbrella policy. The extra coverage only kicks in after your primary policy reaches its limit. The cost of such coverage is minimal for the amount of protection it can provide. Why not give us a call and talk to an independent agent about adding this valuable coverage to your existing coverage?