There is a misnomer in today’s society that umbrella policies, which take over where your standard home or auto insurance coverage stops, are only necessary if you are wealthy. This could not be further from the truth. Unfortunately, many people find out the hard way that standard home and auto policies only go so far in the event of a lawsuit.
Umbrella policies offer a large amount of liability protection coverage at a very reasonable price. This coverage helps to protect your family from excessive claims that could result from instances such as an automobile accident. If you are found to be at-fault, you would be responsible for lost wages, medical and rehab bills, legal expenses, and perhaps pain and suffering. These costs can sometimes exceed the traditional limits of an auto insurance policy, which is why an umbrella policy is so important.
To ensure the future financial health of your loved ones, call the Insurance Center today. Our agents will explain how a small investment in umbrella insurance today can save you thousands in the future.