Why do you need Umbrella Insurance?
Protection of Personal Assets
Umbrella insurance can protect your personal assets, such as savings accounts, investments, and property, from being seized or liquidated to pay for damages awarded in a lawsuit.
Coverage For Legal Fees
Covering legal fees and other expenses associated with defending against a lawsuit may also be provided with your Umbrella insurance policy. This can be especially helpful in cases where legal fees alone can be a significant financial burden.
Extra Liability Protection
The extra liability protection beyond the limits of your existing insurance policies, such as auto or homeowners insurance, can be invaluable. This can help protect you from financial loss in case of a lawsuit or large claim.
Affordable Coverage
Umbrella insurance is often relatively affordable, especially compared to the potential financial loss of not having adequate coverage. Additionally, the peace of mind that comes with knowing you have extra protection is invaluable.