You may have heard the term "umbrella liability coverage" and thought that sounded unnecessary. However, what you may not know is that umbrella insurance gives you an extra layer of liability coverage in case an emergency occurs and costs more than the coverage on your auto, homeowners or boat policies.
What umbrella coverage can provide:
- An extra $1M to $10M of liability coverage which can help protect assets like your home, auto, boat, wages, and investments such as your retirement
- Coverage for claims like libel, slander, defamation of character and invasion of privacy
- Helps cover defense costs, attorney fees and other charges associated with lawsuits
With all the things umbrella coverage provides, you may think that umbrella coverage will cost a fortune; however, it is actually much more affordable than you would think. One way to get an even better rate on your umbrella coverage is to package it with your other insurance policies like homeowners insurance, condo insurance, renters insurance or auto insurance.
If you have any questions about umbrella coverage or if you think you are interested in purchasing umbrella coverage, please give us a call.
To obtain free insurance quotes or better insurance coverage please contact an independent insurance agency like us who can offer multiple carriers.
Suzanne Brown Insurance Agency
A Texas Independent Insurance Agency with over 40 insurance carriers