If you have a pool, then you need extra liability coverage! An Umbrella insurance policy provides an additional layer of liability coverage on top of your Home or Auto policy. Umbrella insurance policies usually range between $1 million and $10 million in coverage, and they’re more affordable than you think! While millions may sound like a lot, depending on the extent of the injuries or damage that may be a very realistic figure.
For example, say you are responsible for a car accident, and the other driver sustains a few injuries. The good news? You have an Auto insurance policy! The bad news? Their medical expenses are more than your bodily injury limit. However, this type of policy would pay for medical expenses, damages, and lost wages that exceed your underlying Home or Auto policy limits. There are a variety of ways that an Umbrella insurance policy can protect you, click here to learn more!
Did you also know that Umbrella coverage follows you anywhere in the world? A standard Umbrella policy provides additional liability coverage for your primary residence and two vehicles. Additionally, it can cover small sailboats and motorboats with fewer than 50 HP. But Umbrella doesn’t stop there! Optional Umbrella coverage can be added to secondary or vacation homes, rental properties, recreational vehicles, personal watercraft, vacant land, and uninsured motorists!