Do you need an Umbrella Policy?

You’ve got it all covered…..you have a policy for your home, for your cars, your ATV and motorcycles, even the boat are well insured. While it looks like you have all the coverage you need; perhaps you should consider… an umbrella. No, we don’t mean to protect yourself during the summer afternoons, but a liability policy that fits with your primary policies.

Your primary insurance limits quite possibly provide more coverage that you’ll ever need, however, circumstances could involve a type of loss that is not completely covered by a primary policy. Umbrella or excessive liability coverage respond to an eligible loss only after the primary insurance has paid its limit. 

 

For example, your young driver is coming home on a rainy evening and loses control of the vehicle. They cause a chain collision damaging several cars and injuring dozens of others. If you don’t have enough primary coverage, any shortage may have to come out of your personal assets.

A NC Umbrella Policy  generally provide additional liability coverage for the following underlying policies:

• • Personal Automobile
• • Homeowners
• • Recreational Vehicles
• • Watercraft
• • Personal Liability

The additional coverage may often extend to providing for related expenses such as the cost of providing a court defense if the need arises. So before you get caught in a storm, call us for an assessment of your risk and your needs. You just might need an umbrella.