Personal Umbrella Insurance - Skelps Insurance Agency
At Skelps Insurance Agency, we understand the importance of having comprehensive insurance coverage to protect your assets and financial stability. That’s why we offer personal umbrella insurance, a type of insurance that provides additional liability coverage above and beyond your standard homeowners or auto insurance policies.
What is Personal Umbrella Insurance?
Personal umbrella insurance is a type of insurance that provides extra liability coverage over and above your existing homeowner’s or auto insurance policies. It offers a higher level of protection against lawsuits and claims that might result in large financial losses, such as a significant car accident, a personal injury on your property, or a lawsuit against you for libel or slander.
Why Do I Need Personal Umbrella Insurance?
While your standard homeowner’s or auto insurance policies provide some level of liability coverage, they may not be enough to fully protect you in the event of a major lawsuit or claim. A personal umbrella insurance policy provides extra coverage, typically ranging from $1 million to $5 million, to help cover the costs of a lawsuit or claim that exceed the limits of your underlying insurance policies.
Who Can Benefit from Personal Umbrella Insurance?
Personal umbrella insurance is a great option for anyone who wants to protect their assets and financial stability, including:
- Homeowners
- Auto owners
- Renters
- Individuals with significant financial assets
- Individuals who are at a higher risk for lawsuits, such as business owners or high-profile individuals
What Does Personal Umbrella Insurance Cover?
Personal umbrella insurance covers a wide range of liabilities, including:
- Bodily injury and property damage liability resulting from a car accident
- Liability for injury to someone on your property
- Liability for libel and slander
- Liability for other legal actions that result in injury or property damage
How Can I Get Personal Umbrella Insurance from Skelps Insurance Agency?
At Skelps Insurance Agency, we have the expertise and experience to help you find the right personal umbrella insurance policy to meet your needs. We work with a variety of insurance carriers to provide you with a range of coverage options and competitive rates.
To learn more about personal umbrella insurance and how it can benefit you, contact Skelps Insurance Agency today. Our knowledgeable and friendly insurance professionals are always available to answer any questions you may have and help you find the right coverage to protect your assets and financial stability.