Have you ever wondered what would happen if someone were to take a fall on your property or sustain a bite wound from your dog? Even with homeowner insurance, you may not be sufficiently covered for such an incident, especially if the victim goes to court and obtains a legal judgment against you. You could lose your financial assets, including your home, and even have your earnings garnished, leaving you with nothing.
That is why we offer umbrella insurance policies. They provide an extra layer of protection beyond the standard homeowner policy. Umbrella policies are typically reasonably priced for a high amount of coverage, which provides you with peace of mind that your assets are secure.
Umbrella policies can also be purchased to extend the coverage of your auto, business, and motor toys policies. Any time you are at risk for extra liability, an umbrella policy can help to give you the protection you need.
Typically, your regular homeowner or other policy would be applied first. Once that has been exhausted, your umbrella policy would take over. Most umbrella policies cover up to $1,000,000 in liability, sometimes, even more, depending on the situation.
Another benefit of umbrella insurance policies is that they offer broad coverage. This means all your family members are covered, even when an incident happens away from home, anywhere in the world. Legal defense fees are also usually covered by umbrella policies.
Don’t wait until you are facing financial risk to ask about an umbrella policy for your unique needs. Call Hometown Insurance Agency of Utah at 435-754-7701 or reach out to us online for a quote. We have many happy customers in the Logan area who sleep better knowing they have that extra coverage just in case.