Why Do I Need Umbrella Insurance?

Umbrella insurance policies are add-on policies to enhance your existing liability insurance coverage. These insurance policies provide additional coverage by paying above and beyond what your primary insurance policies pay. Ultimately, an umbrella insurance policy helps protect your assets, future earnings, and financial future. If you live in Katy, TX, the All Around Insurance Agency has agents ready to answer your questions about umbrella insurance and offer suggestions as to why you need it. 

Protect Your Financial Future

An umbrella insurance policy helps protect your financial future by paying for anything your primary insurance policy does not cover due to payout caps. When you are found liable for damage or injuries, your umbrella insurance pays the overage not covered by other insurance policies. The umbrella insurance policy paying for medical expenses and damage costs means your assets are not at risk of seizure, and your income is not at risk of garnishment. Ultimately, an umbrella insurance policy protects everything that could negatively affect your financial future. 

Pay for Legal Fees

When at fault for an accident or when someone gets injured on your property, you risk being sued by another person. Fighting a liable case in court can be expensive, and depending on your financial situation, you may not be able to fight the case in court. Having umbrella insurance helps pay your legal fees associated with the lawsuit. 

An umbrella insurance policy helps protect your savings, assets, and future assets if you are found liable for injury or damage. Do not put your financial future at risk; call an agent at All Around Insurance Agency to discuss your umbrella insurance options and protect your Katy, TX home.