Umbrella Insurance

As the years go by, more assets will be acquired by you and your family. These assets include homes, cars, and more. An assumption that many people make is that their insurance covers all of these assets in their entirety. However, in most cases, this assumption is false.

If you want to ensure your assets are covered, you should consider getting umbrella insurance from a reliable insurance company such as Clemens Insurance Agency. Here are some tips that will help guide you to find the umbrella insurance that fits your needs with us.

What Is Umbrella Insurance?

Umbrella insurance is essentially an insurance policy that offers extra liability. It will protect you from lawsuits and significant claims. Umbrella insurance also protects your current and future insurance. One way umbrella insurance protects you is allowing you to enjoy more liability coverage above the limits of your insurance policies for your home, car, and boat. When your other policies have been depleted, umbrella insurance will kick in.

Umbrella insurance also proves coverage when it comes to claims that are often excluded by other insurance policies. These claims include slander, false arrest, and libel.

Do You Need Umbrella Insurance?

Before you start shopping for an umbrella insurance policy, you should figure out whether you need it. People who need umbrella insurance typically have assets or are at risk of facing lawsuits for various reasons.

You may be more at risk of facing a lawsuit if you have dogs, a pool, or teenage children who drive. Many factors come in to play when deciding if an umbrella policy will work for you.

Families with valuable cars, homes, retirement funds, and brokerage accounts should also consider getting umbrella insurance to protect their assets.

Undoubtedly, there are many reasons why policyholders should consider getting umbrella insurance in Parsons, KS. Many people have assets worth hundreds of thousands of dollars or even millions of dollars. If you are one of these people, it is better to spring for umbrella insurance and be safe than sorry.

Talk with one of our agents to learn more about what umbrella insurance can cover for you. We can answer your questions or address your concerns. Also, try our online rating tool for quotes on auto and home insurance.