The Basics of Umbrella Insurance

Do you have enough in your savings to cover a devastating financial loss? If your answer is “no” you should consider purchasing an umbrella insurance policy. An umbrella policy will protect you and your possessions in the case of a lawsuit whether an accident occurs in your vehicle or on your property. It will provide coverage usually between the $1 and $5 million dollar range. You can always increase this amount if you need more coverage. Additionally, it will cover legal expenses, as well as damage done by your dependent children.

Umbrella insurance policies typically do not cover business disputes, crimes you commit, or high-risk activities such as drag racing. Lastly, umbrella insurance will not cover any excess health insurance costs. These will need to be purchased through your comprehensive health insurance provider.

If you have any questions regarding insurance please don’t hesitate to contact Martplan Insurance Agency Inc., located in La Habra and Murrieta! The experienced insurance professionals at Martplan Insurance Agency are qualified to help you find the policies that are right for you and your lifestyle.