Why All Car and Home Owners Need Umbrella Insurance

When you own a car and a home, you likely have the right insurance policies to take care of them. However, even home and auto insurance policies may not give you the amount of protection you need. Both home and auto policies come with several different kinds of coverage in them. One of these is liability coverage. You need a lot of this coverage, but those policies might not give you much of it. That’s why you need to have an umbrella policy as well. It helps you to be better covered for certain incidents and the costs they can bring. Call us at All Around Insurance Agency in Katy, TX to learn more.

More Liability Coverage

An umbrella policy gives you more liability coverage. It doesn’t just add this coverage onto one of your other policies. It adds to both your home and auto policies. It leaves them with an extra layer of coverage that can make a big difference in the event of an expensive accident. When someone is injured, and you’re liable, the cost can be quite high, even when the injuries aren’t serious. Your home or auto policies may not be enough to pay all of the bills. This can create an overage, and you’re responsible for that. 

Paying the Overage

When you have an umbrella insurance policy, it pays for that overage. Umbrella policies have huge maximums so that even a costly accident can be paid for without a problem. The home or auto policy acts first, paying until it maxes out. After that, the overage is paid by the umbrella policy. This can save you thousands in medical bills and other costs after an accident. 

Get Umbrella Insurance

When you need more coverage, call us at All Around Insurance Agency in Katy, TX, to get started.