Understanding an Umbrella Policy
Umbrella Insurance: You might have heard of it but what is it?
Picture this you’re driving to work and you collide with another car. Unfortunately all three passengers in the other car are injured that can lead to pricey medical bills and possibly a judgment against you in court that your auto insurance limits might not fully cover.
That’s one example of what umbrella insurance is for it’s an additional layer of protection for you in case you or a family member are responsible for property damage or personal injury to others.
An umbrella policy can provide $1,000,000 or more of liability coverage over and above the limits of your auto homeowners or other insurance that can help protect your personal assets in the case of a covered loss. So think about what you could lose without the proper coverage.
To get started with commercial umbrella coverage and other business insurance solutions contact us at 651-739-9684.