Safeguard Your Assets with Umbrella Insurance
Most individuals’ home and vehicle are their largest assets, representing significant investments. Protecting these assets is of the utmost importance. A common challenge is not having adequate insurance to cover both assets, potentially leading to loss. In the event of a costly accident, insufficient coverage could mean losing assets to pay for damages. Umbrella insurance can ensure such predicaments. For more about this type of insurance, contact Associated Insurance Agencies Inc. in Westerville, OH.
Extended Liability Coverage
Adequate liability coverage is crucial in today’s litigious society. In case of severe accidents, umbrella insurance provides expanded liability coverage for both your home and auto insurance policies. Umbrella policies offer a high coverage amount and are usually more cost-effective than increasing coverage through individual home and auto policies.
Handling the Overage
Without umbrella insurance, a serious accident could incur costs exceeding the liability coverage of your home or auto insurance policy. This results in an overage that you would be responsible for. These overages can be exponentially high and put your assets at risk. This is not a concern with umbrella insurance as it steps in to cover those overages, ensuring you don’t have to pay out-of-pocket. This security is invaluable and can protect you financially in the event of severe accidents at your home or involving your vehicle.
Consider Umbrella Insurance
Umbrella insurance is an excellent option for enhanced liability protection. Contact us at Associated Insurance Agencies Inc. in Westerville, OH to get started.
