Personal Umbrella Insurance

Personal umbrella insurance is a type of insurance policy that goes above and beyond standard liability coverage limits included in general policies like auto or homeowners insurance. Daily activities like inviting guests to swim in your pool and hosting parties in your home might seem harmless, but unexpected injuries and incidents can occur unexpectedly. Personal umbrella insurance can help protect you from lawsuits and high accident-related costs.

Who Needs Personal Umbrella Insurance?

Although personal umbrella insurance isn’t legally required, you should consider acquiring a policy if you participate in high-risk activities that increase your risk of being sued. Standard insurance policies might protect you from significant accident-related expenses up to a specific limit, but you’ll be liable to cover the costs beyond your coverage limits.

How Much Umbrella Insurance Do I Need?

Personal umbrella insurance needs tend to vary significantly among policyholders. It’s generally dependent on the value of your assets and the potential risks associated with factors such as your hobbies and home. Personal umbrella insurance isn’t required, but the right policy can protect you from high costs and potential lawsuits. Area Insurance Services Inc. agents can help you learn more about your personal umbrella insurance needs.

Learn More

If you live near Midland, Texas, the agents at Area Insurance Services can help you learn more about potential personal umbrella insurance policies.

For more information, contact our agency today at 432-570-4373.