Having enough liability insurance is an important way to protect yourself and your finances from lawsuits and other costs. If you have some liability coverage, that doesn’t mean that you have enough. If you don’t have enough, an umbrella insurance policy can help. Give us a call at Everett Insurance in Glen Allen, VA to talk to an agent about the coverage you need.
Getting More Liability Coverage
If you already have a home insurance policy and an auto insurance policy, both of those insurance types come with an amount of liability insurance. However, that amount is often much too small. If there were a serious accident that cost a lot in medical bills, your home or auto policy could max out and leave you with the rest of the bills. Umbrella insurance comes with a much higher maximum amount for your liability coverage. That allows for more of those bills to be paid by insurance instead of by you.
Umbrella Insurance Policies
If there is an accident that happens either in your vehicle or in your home, your liability coverage is what pays for those medical bills and/or property damage bills. Your auto or home policy will come in quickly to assess the situation and pay for the resulting bills. If that isn’t enough to cover all of those bills, your umbrella insurance policy kicks in next. It has a much higher max amount, so it will cover even serious accidents so that you don’t have to. It’s a great way to protect your finances in case the worst should happen.
Get Your Umbrella Coverage
If you don’t have a lot of liability coverage, and many people don’t, it’s a good idea to get umbrella insurance to add more. If you are interested in this kind of policy, call us at Everett Insurance in Glen Allen, VA to find out more.