Liability lawsuits stemming from accidents occur all too often these days. Unfortunately for many individuals, their basic home insurance policy and car insurance policy do not provide enough liability insurance to cover costs associated with lawsuits. It is for this reason that our independent insurance agents at Sandeen Insurance speak to all of our personal insurance clients about the importance behind, and benefits of, umbrella coverage.
Supplementing Your Home or Auto Insurance Policy
Every home and auto policy comes with limits to liability coverage. An umbrella policy, also called an excess liability policy, steps in when your other policy limits are exhausted. It offers an additional million dollars or more on top of your base coverage. Umbrella insurance also offers protection for situations where there would otherwise be none:
- Injuries sustained while on vacation overseas
- Injury claims for defamation, slander or libel
- Accidents involving uninsured or underinsured motorists
- Legal fees
Without this extra coverage, you could risk losing your prized assets such as boats, cars or your home. You could also be at risk for wage garnishment or loss of retirement assets. Do not risk your nest egg or your child’s college funds – get the coverage you need so your investments and savings remain yours regardless of what the future brings.
Learn more about how excess liability coverage can help fill in the gaps of your existing insurance portfolio. Reach out to our team today.
Contact Sandeen Insurance for a Free Umbrella Policy Quote
Give yourself peace of mind by purchasing your competitively priced umbrella policy from Sandeen Insurance. We will provide you with free quotes for coverage from across the many companies with whom we work. We will also compare the features of all policies to help you make an informed decision. Stop in and visit our downtown Hudson office or call us at 715-386-5825 to learn more.