Personal Umbrella Policy Coverage

The liability coverage that is provided by your homeowners insurance policy is meant to provide protection in case of any injuries at your house. However, there are very strict limits on the amount of coverage that is provided, which can easily be exceeded. Investing in a personal umbrella insurance policy can help to provide the additional liability coverage needed to ensure that you are not financially devastated due to just one accident.

Personal liability umbrella insurance will provide a secondary coverage that will work with the primary coverage that is provided by your existing homeowners insurance policy. One the limits of your primary coverage are exceeded, the coverage that is provided by the secondary coverage will kick in, ensuring that your finances and assets are not at risk after an accident.

Typical umbrella insurance policies start at $1 million in coverage, and then increase in million dollar increments. While this may seem like way too much coverage for your needs, it is probably not. With new lawsuits filed every day for small injuries and accidents, $1 million in extra liability coverage may be the only way to make sure that you are protected.

The liability that is provided by your umbrella insurance policy will not only provide coverage for any medical bills that are incurred, but it will also provide coverage for any legal fees that are associated with the accident. If you are only relying on your home insurance, you are leaving your finances and personal assets at risk of being seized to cover the cost of the lawsuit.

When looking for the right personal liability umbrella insurance, contact Martplan Insurance Agency in La Habra, California. We will work with you to ensure that you have the right amount of protection, all at the right price to fit your budget.