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Understanding an Umbrella Policy

umbrella policy

Personal insurance is full of jargon that can confuse the average consumer. However, not having the right coverage because of that confusion can lead to very serious economic consequences. So, let’s learn more about an umbrella policy.

What Is an Umbrella Policy?

Simply put, it’s a policy that provides extra coverage on top of the liability portion of your home and auto insurance policies. When the limits of the underlying policies aren’t enough to protect everything you’ve worked so hard for, an umbrella policy can help.

What Does It Cover?

An umbrella policy can cover a variety of expenses including defense costs, attorney fees, awards granted to someone injured by you or on your property, and other lawsuit-related charges.

Protect Your Lifestyle

All of your assets are at risk if you’re found liable for property damage or personal injury. Your home, your car, your savings for retirement and the kids’ college – it can all be lost with one accident. An umbrella policy protects all you’ve earned.

Our trusted insurance partners at Travelers put together a quick video to make understanding umbrella policies easy. Check it out and then contact us to see if you’re as protected as you could be.

All insurance policies are different. Be sure to review your insurance policy for specific information about coverages available to you. Nothing in this post is meant to suggest a guarantee of coverage.