Is The Umbrella Protecting You? You Are Fully Protected With An Umbrella Policy

To protect yourself, your family, and your assets, you have obtained an auto insurance, homeowners insurance, health insurance, and life insurance policy. This is a great start to getting the full protection you need, but still may not fully cover your liability.

Say, for example, that you get into a multi-car accident. While your auto insurance will offer plenty of coverage for your fender-bender, if you cause a pileup that damages multiple cars and injures multiple people you would find that you quickly reach your liability limit.

In that case, you will face one of two situations. You will either be on the hook for footing a gigantic bill from the hospital and/or auto body shop, or your extended coverage will kick in to protect you. That extended coverage comes in the form of a personal umbrella policy. Your umbrella policy will pick up exactly where the liability limits from your other policies leave off, ensuring that even when you reach your other limits you are still protected.

Generally, personal umbrella insurance is available in increments of one million dollars, from $1 million up to $5 million. That means that with this insurance product, even if you injure someone in a traffic accident or someone gets injured in your home and sues you for a significant amount of money, you will have the coverage you need to ensure you do not have to dip into your savings to cover the costs.

Has your insurance agent shown you how to build your insurance portfolio in such a way that will offer you full coverage? Contact ISU Wissink for the personal umbrella policy you need to be fully protected so you can get peace of mind. Our team of experts is here to help protect you from any eventuality. Do not go through your life worrying about your coverage limits; extend them with a personal umbrella policy by calling us today!