Check Out Our Tutorial Video To Learn The Basic Coverages Of An Umbrella Policy
What is an umbrella policy?
An umbrella policy is an additional layer of liability coverage over all of you underlying policies. It will extend a specified amount of liability over the liability you carry on your home, autos, toys, rental properties etc… The amount of umbrella coverage that you need is dictated by your specific exposure within the house. The more rental properties, toys, teenage drivers etc… that you have, the more umbrella coverage we are going to recommend. Umbrella policies are also used to protect your assets and net worth. Your specific net worth will also dictate the amount of umbrella coverage you may need.
Who should have one?
We recommend that everyone carry an umbrella policy. This is designed to cover you and family financially from catastrophic life events that could occur.