Introduction
While you may already have insurance policies in place to protect your home, car, and personal belongings, sometimes it’s not enough. That’s where personal umbrella insurance comes in. Umbrella insurance provides an extra layer of protection above and beyond your other insurance policies, giving you peace of mind and financial security. In this blog post, we’ll discuss why personal umbrella insurance is important and how it can benefit you.
What is Personal Umbrella Insurance?
Personal umbrella insurance is a type of insurance policy that provides additional liability coverage above and beyond the limits of your other insurance policies, such as homeowners insurance and auto insurance. This coverage can help protect your assets in the event of a lawsuit or other liability claim.
Why is Personal Umbrella Insurance Important?
While you may think that your existing insurance policies provide enough coverage, there are situations where the liability limits may not be enough. For example, if you’re in a car accident and someone is injured, the cost of medical bills and legal fees can quickly add up, and your auto insurance policy may not provide enough coverage to protect your assets. Personal umbrella insurance can provide additional coverage in these situations, giving you peace of mind and financial security.
What Does Personal Umbrella Insurance Cover?
Personal umbrella insurance can provide additional liability coverage for a variety of situations, including:
Auto Accidents
If you’re in a car accident and someone is injured, personal umbrella insurance can provide additional coverage beyond the limits of your auto insurance policy.
Accidents on Your Property
If someone is injured on your property, personal umbrella insurance can provide additional liability coverage beyond the limits of your homeowners insurance policy.
Libel and Slander
If you’re sued for libel or slander, personal umbrella insurance can provide additional liability coverage beyond the limits of your homeowners or renters insurance policy.
Conclusion
Personal umbrella insurance provides an extra layer of protection for situations where your other insurance policies may not provide enough coverage. By investing in personal umbrella insurance, you can have peace of mind and financial security in the event of a lawsuit or other liability claim.
Request a Quote Today
Don’t wait until it’s too late to protect your assets and financial well-being. Request a quote for personal umbrella insurance today by calling our office at 541-447-6372 or reaching out to us on social media. We’re here to help you find the right coverage for your needs in Oregon, Washington, and the Pacific Northwest.