New England Area Umbrella Insurance Policies
Think of umbrella insurance policies as actual umbrellas; it is always smart to have one and it is there in case of an unexpected storm. For those with families to protect, many assets or significant liability exposure, we recommend having an umbrella policy in place.
You might wonder, “Why do I need excess liability insurance when my home and auto policies have liability coverage? What do umbrella policies cover?”
Home and auto insurance policies have a liability coverage limit- a point where the insurance company will stop paying and the rest is out of your own pocket. If you are involved in an expensive liability claim or lawsuit your underlying liability limits might not cover the expenses. Umbrella insurance covers you over and above your underlying liability coverage once their limits have been exhausted and helps protect you, your family and your assets from these types of claims & lawsuits.
If you are interested in receiving a quote for an umbrella insurance policy, or have any questions regarding umbrella insurance, please contact us online, or give us a call.