Why Do You Need Personal Umbrella Insurance?
“Do I really need ANOTHER insurance policy?”
Sound familiar? It’s your first thought every time you talk to your agent about your insurance needs. You’re not alone. Chances are, if you have a really good insurance agent, they are doing their best to make sure your assets and family are fully protected. Personal Umbrella insurance is a policy that most individuals don’t have. In fact, most aren’t even aware it exists, but it is a valuable addition to your family’s financial plan.
What is a Personal Umbrella Insurance Policy?
Personal Umbrella insurance is an extra layer of general liability insurance that “sits” overtop of your homeowners and auto insurance policies. Once those policies have paid their maximum limits, the umbrella insurance policy kicks in to pay any additional covered expenses.
Reasons You need a Personal Umbrella Policy
In the past, umbrella insurance was something most people thought only wealthy individuals needed to purchase. The truth is, umbrella insurance is valuable to everybody. Here are the top six reasons you need to buy a personal umbrella insurance policy:
There is a long list of insurance policies available today. Not all are right for your needs, but some are worth considering. Schedule an appointment with your insurance agent to review personal umbrella insurance, how it will protect you, and how much it costs to add it to your insurance package.
If you are looking for an insurance agent you can trust, contact the Rumbaugh Insurance team today. We’ve been serving the Hanover, New Oxford, Spring Grove, and Gettysburg areas since 1972. Call or request an insurance quote online today.