Umbrella is a unique kind of insurance that works with two of the policies that you already have. It is affordably priced and gives you more protection right where you need it. If you want to talk to an agent about umbrella insurance, call us today at The Select Insurance Agency in Coppell, TX.
Liability Coverage
The liability coverage that you have is extremely important. It pays the medical and/or property damage bills once there has been an accident. Your home policy and auto policy each have their own amount of liability coverage, but this coverage is often quite low. It may not be enough to get all the bills paid after a serious accident has occurred. To give themselves more liability coverage, many people purchase an umbrella insurance policy. This adds more liability coverage to their auto and home policies.
How Umbrella Insurance Works
When you have an accident at your home or in your vehicle, your home or auto insurance will pay for the resulting bills if you are held liable for them. However, the maximum payout for these policies is often too low to pay for all of the bills. This would result in you having to come up with the overage. However, if you have an umbrella policy, this policy would come in next to pay the overage up until the bills reach the policy’s own maximum. And for umbrella policies, the maximums are very high. This leaves you much better protected in case of serious accidents.
Cover Yourself With Umbrella Insurance
If you want to be better protected in case of accidents, it’s smart to have an umbrella policy. To find out more about them, give us a call at The Select Insurance Agency in Coppell, TX.
