Protecting Your Assets with Umbrella Insurance

If you own a home and a vehicle, having substantial insurance on both is pivotal to protect your assets. The issue lies in the fact that home and auto insurance policies often offer limited liability coverage. However, this problem can be resolved by acquiring umbrella insurance. For more information on how this coverage can shield you financially, please get in touch with us at Coastal Premier Insurance Group in Boca Raton, FL.

Liability Coverage for Two Policies

Umbrella insurance goes beyond providing liability coverage solely for an accident in your home or car. It substantiates both policies, providing an extensive range of coverage with extremely high maximums applied to both of your insurance policies. Whether there’s an accident in your vehicle or if someone gets injured in your home, the policy will bear the expenses such as medical bills that may arise post-accident.

Covering Outstanding Bills

Umbrella insurance operates as a secondary coverage following the primary policy. Your home or auto insurance is the first policy that will step in when an accident occurs. This policy covers the resulting bills until they reach their limit. If there are still bills, your umbrella policy will handle them afterward. This spares you from dipping into your own pocket to cover the surplus, which can be immensely high after severe accidents. There may be many bills to pay, including continuous ones like physical therapy costs post-accident, which your umbrella insurance can take care of.

Acquire Umbrella Insurance

If you haven’t secured umbrella insurance yet, we’re here to assist you. Simply contact us at Coastal Premier Insurance Group in Boca Raton, FL.