
When it rains, it pours…
Especially when it comes to unexpected accidents or claims.
You never know when it might rain. So just like the name implies, this type of policy acts like an umbrella, providing protection against a wide range of potential financial dangers, and unforeseeable mishaps.
What is umbrella insurance?

Umbrella insurance is a form of liability insurance, therefore it does not cover:
- Your own medical expenses.
- Losses to your property.
However, what exactly is covered by your umbrella policy depends on how you decide to set it up. In most cases, umbrella insurance protects you from:
- Injuries you cause in a car accident
- Injuries someone suffers on your property
- Property damage you cause in an accident
- Property damage your pet causes
- Property damage a dependent or child causes
- Attorney fees and other legal costs if you’re sued
Yes, your existing insurance may protect you to an extent, but an umbrella policy goes much further for less cost than upping the limits on your existing policy because it covers different types of risks. Umbrella insurance is also portable, in most cases; so it can follow you when and wherever you travel―even overseas.
Since the terms of umbrella insurance policies will vary, depending on insurance companies, and your own personal needs, a qualified insurance agent from our firm is the best person with whom to discuss the benefits, restrictions, and coverage from each carrier they represent.
Aren’t people with a lot of assets the only ones who need umbrella insurance?

Actually, anyone with a job who expects to keep the income they earn could benefit from having an umbrella insurance policy.
What would happen, for example, if someone made a delivery to your house, slipped on a sidewalk recently wet by your sprinkler system, and suffered severe head injuries from the fall? They will sue you, of course.
Your homeowners insurance kicks in and pays up to its maximum limits. But the jury finds you are responsible for an extra $500,000 over your homeowner’s limits.
Ask yourself: How long would it take you to pay that off with your weekly paycheck?
Umbrella insurance covers the amount that exceeds your homeowner’s coverage, usually up to $5 million-sparing you from a financial nightmare, along with paying the attorney to help you survive it.
Are Umbrella Policies Expensive?

Relative to the amount of protection you get, umbrella insurance is highly affordable. Especially since it’s unlikely you will ever have to make a claim against it. So your specific cost will be determined by:
- The amount of coverage you purchase
- Your insurance carrier’s provisions
- Your risk profile and driving record
You can save even more money by purchasing umbrella insurance from the same carrier who provides your home and/or auto insurance-check with us to make sure.
They Want It Because They Can

In our society, three things work against you:
- It cost nothing to initiate a lawsuit
- Juries and judges are unpredictable
- Defending yourself costs enormous sums of money
One other factor also comes into play: They want it because they can.
Why We’re Different

You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for…
While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.
There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.
Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build.