An umbrella insurance policy is extra liability insurance coverage that goes beyond the limits of the insured’s home or auto insurance. It provides an additional layer of security to those who are at risk for being sued for damages to other people’s property or injuries caused to others in an accident.

There are a number of reasons to have umbrella insurance, most of which you may not have considered before. These could include but are not limited to; protection from being sued due to something related to your home, car, or something you did. Or maybe even if your dog bites another dog or dog owner. Umbrella insurance could potentially also cover associated legal fees regarding these scenarios.

At-risk personal assets could include home, car, bank, and investment accounts or even future income stream. Umbrella insurance would cover the difference of damages your current insurance does not. Without it, the costs associated after insurance would have to be out of pocket.

As for affordability, according to the Insurance Information Institute, a 1 million dollar umbrella policy averages between $150-$300 per year. Almost a no brainer for anyone with any sort of assets or valuables.

Call Zzona Insurance now for more information on how an umbrella insurance policy can help you.

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