Think you don’t need an Umbrella Insurance Policy? Think again!
This important coverage goes over (the Umbrella part) your auto and home policies to provide excess liability protection in the even you are faced with a lawsuit. Most of us think that we don’t need this as we’ve never been sued before.
As my father always said, “Anyone can sue anyone for anything.”
The scary truth is that all of us are one bad accident away from a person with a lawyer wanting to see us in court. And the $300,000 of liability protection you have in your auto or home policy often won’t be enough if you’re found to be at fault. Have less than $300,000 of liability in the first place? You need to call us right away!
Besides accidents, we put ourselves at risk all the time online. Whether it is posting incorrect information on a blog, criticizing a public figure, or many other forms of self expression that we think are protected, the line between freedom of speech and libel can be very thin. If the worst happens and you find yourself on the wrong end of an attorney, you’ll want to know that you have at least $1 Million dollars of liability protection there to save you from financial ruin.
Best of all, this incredible amount of protection doesn’t have to be expensive! For many, $1 Million dollars of coverage costs only $200-300 a year. Coverage up to $5 Million dollars is common, and won’t break the bank for those even with many different kinds of risk.
Not sure what is best for you? Call or email us today and find out if you need an umbrella over your head. Metaphorically speaking.
To read more on Umbrella Insurance, visit the following link: https://www.myallianceinsurance.com/personal/umbrella-insurance/