Personal umbrella policy: Learn about Umbrella Insurance Policy
Personal Umbrella Policy
Do you own a dog? Drive a car? or bring guests into your home? If so, you have the potential to be a target of a lawsuit putting you at risk of losing everything you’ve worked for over the years. This includes your home, your savings and even your future income.
Unfortunately we live in a society where lawsuits are becoming common. People are caught off-guard and are unprepared for the consequences and verdicts; the settlements are often in the millions but the good news is, there’s a way to protect yourself, it’s called personal umbrella policy. Your insurance will pay the first $300,000 but what about the remaining $700,000 dollars? How are you ever going to pay for that?
The Umbrella Policy ensures that you cover yourself when your regular insurance is not enough. An umbrella policy protects you from a devastating lawsuit. Contact your insurance company today to learn more about the protection provided by a personal umbrella policy.