Do You Need an Umbrella Policy?
Most individuals and families may not think they need an umbrella policy. However, with today’s increase in medical costs and potential lawsuits it is highly recommended that each policyholder considers purchasing an umbrella policy. Most auto and homeowner’s policies will have a limit of liability attached to the policy. Once that limit is exceeded, the policyholder is responsible for paying any additional costs pertaining to that claim.
Purchasing an umbrella policy will give you additional limits of liability to help you in the case of a major liability claim. You might be surprised that the cost for securing additional coverage is modest. Give us a call so we can discuss your specific needs.