How Umbrella Insurance Protects You

When you have home and auto insurance, you may feel that you are very well protected against a wide range of risks. However, the liability insurance that is in both of these policies may be lacking. When there is little liability coverage available, you may find that it doesn’t cover everything it needs to, and this can cost you big. To get more liability coverage, there is umbrella insurance. To get started with umbrella insurance, call us at Goshen Group Inc. in Glen Carbon, IL.

Home, Auto, and Umbrella Insurance

Your home and auto policies each come with a small amount of liability insurance. However, if there is a serious accident, this may not be enough to pay for it. When your home or auto policy doesn’t pay all of the amounts that you owe in medical bills and lost wages after an accident, umbrella insurance can pay the rest. This policy adds to both your home and your auto insurance policies so that each has more liability protection. 

How It Works

If there is a serious accident in your home or that happens with your vehicle, your home or auto policy comes in to pay for the medical bills and lost wages for the person who is injured. However, when you have little liability coverage, it won’t pay for all of those bills. This leaves an overage that is yours to pay, and it can be highly expensive. When you have umbrella insurance, this policy comes in next to pay that overage. Umbrella policies have very high maximums, so it’s rare for expenses to outstrip these policies. 

Protect Yourself With Umbrella Insurance 

To give yourself more liability protection, you need an umbrella policy. To get started with a policy, give us a call at Goshen Group Inc. in Glen Carbon, IL.