shutterstock_39940354In a split second, you could find yourself at the cause of a major car accident. Or a neighbor could slip and fall in your yard. You probably have not considered that your teenager could end up with a slander or libel lawsuit as a result of a social media post. All of these accidents could happen to you, and they happen very quickly.

Your home and auto policies protect you and your property from damage, theft, and even natural disaster. But, are you prepared if damage from an accident exceeds the limit of your liability insurance coverage? This can happen to anyone, and without umbrella insurance a single accident could destroy your financial future.

So who needs umbrella insurance? Well, just about everybody who owns a home, but especially anyone who meets at least one of the following criteria:

  • Own rental properties or multiple homes
  • Have children or responsible for the children of others (such as babysitting)
  • Involved in homeowners associations, civic activities, or a board of directors
  • Own a pool, hot tub, or swing set
  • Share ownership or access to docks, lakes, or vacant land
  • Use or allow your children to use social media sites like Facebook and Twitter
  • Own animals or care for others’ animals
  • Have retirement accounts, investments, or other assets worth protecting

Normally sold in increments of $1 million or more, umbrella insurance will protect you when your basic homeowners or auto insurance policies have been exhausted. This may sound like insurance for the wealthy. However, umbrella insurance can easily be added to your current policies for as little as $150 to $300 a year.

Call The Insurance Center today to speak with one of our experienced and dedicated agents about investing in umbrella insurance. 

Claremont: 603.542.2551                      Newport: 603.863.7465                         Keene: 603.357.0188