Personal Umbrella Insurance
Personal umbrella insurance provides extra coverage above the liability coverage in home, auto and other personal insurance policies. Those policies usually carry liability limits of $100,000 or $300,000, but is that enough? Umbrella insurance adds a layer of coverage of $1 million, $2 million or more, and it isn't just for the ultra-wealthy.
A short hospital stay can easily exceed $100,000 and long term rehabilitation and loss of income can also get into six-figures quickly. If someone is injured in a car accident and you are at fault, or a guest is injured on your home property, monetary damages can add up quickly. You should think seriously about adding umbrella insurance to your personal insurance coverage if:
- You own a home
- You have teenage drivers
- You have a significant income or future earnings potential
- You own a business
- You own a boat, RV or motorcycle
Those are just a few situations that call for extra liability insurance protection, but there are more. To learn about those, contact an umbrella insurance agent at James E. Moore Insurance Agency, Inc. today.
Do you have questions about Personal Umbrella?
Contact an insurance specialist at James E. Moore Insurance Agency, Inc. today to answer any questions about Personal Umbrella or for a free review and insurance quote for Personal Umbrella.