Umbrella insurance works a little differently from other insurance coverage types. It is a policy that serves to complement other insurance policies that you have. If you want a higher amount of insurance protection for your home and auto insurance, call us at Insurance Solutions Inc. in Cullman, AL to find out more about umbrella insurance.
Home and Auto Insurance Policies
When you already have home and auto insurance policies in place, you can add to their coverage by getting umbrella insurance. It serves to add to the liability insurance that you have through those other two policies. For each of them, umbrella insurance adds a considerable amount of liability coverage. This helps you to be able to pay for accidents in your home or vehicle without having to pay out of pocket after your home or auto coverage has maxed out. Typically, home and auto policies have small amounts of liability coverage that they will pay.
Once your home or auto policy has reached its maximum payout for liability, your umbrella insurance policy kicks in. It adds to that coverage so that you aren’t responsible for the amount that you owe over and above your first insurance policy. Umbrella insurance has a much higher maximum payout than standard home and auto policies do. And with umbrella insurance, it’s cheaper to get that extra liability coverage with this policy than it is to add more liability coverage to your home and auto policies.
Talk to an Agent
If you have little liability insurance with your home and auto insurance policies, you may need more coverage to take care of serious accidents and other incidents. If you are interested in getting an umbrella policy, call us at Insurance Solutions Inc. in Cullman, AL to find out more about these policies.