It’s ‘Umbrella” Season
Personal Umbrella policies provide additional liability coverages. Liability coverage is what pays out to another party when you are liable (responsible) for any damages. In a prior blog, “Do you fully understand your Automobile Insurance Liability limits?” I discussed liability coverage as it pertains to a Personal Automobile Insurance policy. Your Auto Insurance policy has limits in the amount you have chosen to carry. If damages exceed your policy limits for an incident that you are held liable for, then you could be personally responsible for this additional amount owed. This is where a Personal Umbrella Insurance policy can come to the rescue!
Personal Umbrella policies normally start at $1 Million in coverage and usually require a higher liability limit on your underlying Homeowner’s, Automobile and other personal insurance policies (such as $250,000 per person bodily injury /$500,000 per accident bodily injury).
Personal Umbrella policies can be as low as $150 a year for an additional ONE MILLION DOLLARS in liability coverage!
Briggs Agency, Inc. offers several standard insurance carriers that offer higher underlying limits and package rates for Homeowners, Automobile, Personal Umbrella and any of your other Personal Insurance needs!
You can experience the benefits of being a part of a full service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an Insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!