There are many different types of insurance coverage, so it can be a bit confusing when shopping for a policy.

One of these policies is umbrella insurance! Read on to see if this type of insurance coverage is right for you!

Umbrella Insurance

An umbrella insurance policy is liability coverage that goes beyond your regular insurance limits. Umbrella insurance is used for those at risk of being sued for damages to other’s properties or their injuries.

Umbrella insurance also protects against libel, vandalism, slander, and invasion of privacy. This type of insurance is used when the owner is being sued and the dollar limit of the original policy has been exhausted.

Do I Need Umbrella Insurance?

Umbrella insurance is a great policy to have if you own property, have significant savings, or have potentially dangerous things around that can cause injury to others (trampolines, pools, or dogs.)

Basically, if you are involved in anything that can have the potential for lawsuits, you should consider umbrella insurance to protect your assets.

Payne Insurance Group

Payne Insurance Group provides insurance for auto, home, commercial, and much more! Payne Insurance Group has partnered with over 13 businesses across the Rio Grande Valley, As a result, we have created a one-stop-shop for all your automotive needs.

Get your FREE insurance quote today!