Personal Umbrella Insurance
Personal Umbrella Insurance Information
Did you know that simple things like owning a swimming pool or throwing a dinner party could increase the likelihood of a guest getting injured and suing you? And what about the fact that you could get sued for damages or bodily injuries beyond your auto insurance limits if you cause an accident? The good news is that you can purchase a personal umbrella policy to minimize your risk and protect yourself against potentially devastating lawsuits.
Give the team at EGR Insurance Inc. a call today at 712-873-3455 to learn more about the personal umbrella insurance solutions we may be able to offer you.
What is umbrella insurance?
If someone is injured on your property and you are found legally responsible, you could face a costly financial burden. In fact, without a personal umbrella liability insurance policy, any expenses beyond the limits of your standard policy are your responsibility. This applies to your homeowners, renters, automobile and watercraft insurance policies.
Personal umbrella liability insurance provides an extra layer of protection over your personal assets when your standard liability coverage is exhausted.
What does an umbrella liability policy cover?
Umbrella insurance gives you a way to settle your differences with others, without subjecting yourself to significant financial strain. You never know when a liability claim will exceed your policy’s limits, and umbrella coverage can help ensure you are prepared for anything.
A personal umbrella policy can be used in conjunction with numerous policies at the same time, including:
To use this plan, you first have to file a claim against your standard liability policy. Once that policy has maxed out its benefits, you can turn to your umbrella policy to cover the difference.
Most policies will offer at least $1 million in additional protection, and many will cover liabilities beyond those covered by your basic policies.
Contact Us Today
To get your policy, contact EGR Insurance Inc. today. Our commitment is to keep you as financially secure as possible following challenging losses, and we’re here to help you make sure your umbrella liability policy provides you optimized protection at all times.