In the land of lawsuits, umbrella liability insurance is a must.
But what does umbrella insurance cost? The answer to that can vary depending on what insurance agent you ask. You may know your needs from the moment you ask for a quote or you could spend days trying to find the right plan.
We know the importance of having a comprehensive umbrella policy, so you can bet we’re committed to getting you a plan to get you covered right away. Umbrella insurance cost doesn’t have to be high; you can find affordable plans that meet your needs. So if you’re looking for quality coverage and affordable umbrella insurance cost, you first need to identify these needs.
Why You Need Umbrella Insurance
Isn’t the point of your insurance plan to provide you with enough coverage to feel safe? While this is a more common question than you’d think, it helps to think of what umbrella insurance does for you. We think you’ll find that the extra umbrella insurance cost will be worth it!
Think of umbrella insurance as disaster relief. Umbrella insurance is a comprehensive insurance policy that will cover you in case the worst should happen. Umbrella insurance kicks in when a claim or lawsuit placed against you is greater than the amount that your individual insurance policy covers. You may not need to factor umbrella insurance cost into each quote, but some plans will benefit more than others. For example, a professional liability insurance plan can definitely benefit from added coverage, as lawsuits in the business world are becoming more common every day.
The frightening truth: People are often underinsured. While you may have enough insurance to cover your $1 million worth of assets, what if a lawsuit delivers you a judgment of $5 million? The value of your assets isn’t taken into consideration when juries award cases. In this case, you would lose your assets and still owe money. Your savings, inheritances, and all your future income could all be seized for payment.
Umbrella insurance can save your assets and your future.
Contrary to popular belief, you can afford umbrella liability insurance. And best of all, it can easily add onto your existing insurance policies. Whether you have home owner’s insurance, car insurance, or any other policy already, getting additional reassurance and peace of mind has never been so affordable. Umbrella insurance offers you an extra layer of protection above and beyond your other policies.
When it comes to umbrella insurance, less is definitely not more. The more coverage you have, the more protected you are against the potentially debilitating effects of a big lawsuit. If you are a small business, umbrella insurance can make all the difference if the worst should happen. What would you rather experience: losing your company or paying a slightly higher insurance rate?
It’s a smart organizational and financial decision to get all your insurance policies from the same insurance agency. The less agencies you have to deal with, the less headache and hassle, right? Plus, getting all your plans through the same insurance provider ensures your homeowners’ and auto liability insurance equal the amount of your umbrella plan’s deductible. From there, you may also get a substantial premium discount for bundling your plans together. Ultimately, getting umbrella insurance can SAVE you money in the long run! Then, if anything untoward does happen, you will only have to deal with a single insurance company.
This is one area where it doesn’t pay to take risks. Umbrella insurance reflects our proactive approach to customer satisfaction and our commitment to finding you the most coverage for the least amount of money. Contact us for a quote and see what the low price of umbrella insurance cost can get you—considering the peace of mind you get from it, it’s priceless.
Kellie always works very hard to find us the best rates she can. She is very professional and always explains all options. I feel confident when Kellie gives me a quote that she has done the research.
What Does Property Insurance Cover?
Property insurance protects your home and personal items from loss and is usually included in a homeowners or renters insurance policy. Personal property insurance covers the cost of repair or replacement of items, such as furniture, electronics and clothing if they are damaged or stolen. While damage caused by fire, storms and explosions are included in personal property insurance, damage caused by earthquakes and floods often require an additional insurance policy.