To really feel secure in protecting your assets and your future, it is essential to have an extra level of protection that is provided by Umbrella Insurance. A Personal Liability Umbrella Insurance policy provides an additional layer of liability protection over the liability coverage provided in your primary insurance policies. If the liability coverage limits are exhausted on your auto, home, or other insurance polices, your Umbrella insurance policy takes over and provides you with additional coverage. Best of all the cost is minimal, and you can feel secure knowing that you have the additional coverage in case the unexpected happens.

Why Do You Need an Umbrella Insurance Policy?

Imagine if you are at fault in a serious accident and the loss exceeds your liability coverage. Accidents happen all the time, whether it is in your car, home, rental property or while you’re out on the town. Serious accidents can take a toll on your financial future, if your liability limits are exceeded. In the case of most serious accidents your basic coverage limits are not adequate to protect your assets or future income.

How Much Coverage Do I Need?

Lawsuits are not equal to your net worth. A lot of factors determine the amount of coverage you need. Your financial status, lifestyle, and existing coverage are all relevant, but in liability lawsuits, judgments can exceed your net worth. Umbrella policies start with providing a minimum amount of coverage of $1,000,000. However, a lot higher limits are available. Here at BenefitSource we’ll do a full analysis of these factors and help you determine the amount of coverage that is right for you, and shop top carriers to ensure you get the rates you deserve.