Umbrella insurance is a different kind of insurance product that works when you have two other types of insurance. If you have both auto and home insurance, you might need an umbrella policy to give yourself enough coverage in key areas. This type of insurance is a great way to add more liability coverage to what you already have so that you are well-protected against serious accidents. If you want an umbrella insurance policy, call us at Quote Savant in Frisco, TX.
Why You May Need Umbrella Insurance
Everyone needs liability coverage so that they are protected against the high medical bills that can be due when an accident occurs. Both auto and home policies do include an amount of liability coverage, but it often isn’t as much as you need. If you don’t have the amount of coverage you need, a serious accident could cost more than you have coverage for, and this can leave you to foot the bill. To protect against this, get an umbrella policy to add a layer of liability coverage to the coverage you already have.
How It Works
When you have umbrella insurance, it gives you more liability coverage for both your auto and home policies. In the event of a serious accident, your home or auto policy will be enacted first. This policy will pay toward the medical bills and other expenses that you owe because of your liability. If there is more money to pay after the policy has paid out, that’s the amount that your umbrella policy will pay. This keeps you from having to come up with the overage amount by yourself. This can give you a lot of peace of mind in case of an expensive accident.
Get Umbrella Coverage
If you need more liability coverage, call us at Quote Savant in Frisco, TX.