When you have insurance policies for your home and your vehicle, you might not have as much as you think you do. It’s common for the coverage to be relatively low. This can cause you serious financial stress if there is an accident with your vehicle or on your property. When you want to be better protected against a wide range of risks, call us today at The Select Insurance Agency in Coppell, TX.
Liability Coverage for Your Home and Vehicle
Liability coverage is always an important way to protect yourself and your assets. When you have home and auto insurance, each policy comes with much-needed liability coverage. This coverage can pay for the medical bills, lost wages, and other costs that are due if you’ve caused an accident. The problem is that home and auto policies generally have very little of this coverage. If there’s a serious accident, this would mean that all of the bills may not get paid. When your liability coverage is paid up to its maximum, you will owe whatever was left over. This can be many thousands of dollars in overages.
How It Works
First comes the accident, and then comes the many bills that are due. Your auto or home policy will come in quickly and pay what it can. Once it reaches its maximum payout, however, it’s finished paying. Your umbrella insurance comes in next to cover the rest of those bills. Getting umbrella insurance is inexpensive, and these policies offer a great deal of coverage. It could save you an enormous amount of money in overages.
Get Umbrella Coverage
An umbrella policy is best if you want more liability coverage. Call us at The Select Insurance Agency in Coppell, TX to get started.
