San Diego Personal Umbrella Insurance

You might require the additional layer of security offered by a personal umbrella liability insurance policy to truly feel confident about safeguarding your assets and your future. All common liability insurance, however, only covers claims up to a specified amount. You can find yourself in a situation where you might pay any remaining third-party expenses out of pocket if a claim exceeds the policy limit.

Umbrella insurance may be useful in the situation. The residual value of the third party’s claim can be claimed against your umbrella liability insurance policy if you have one.

What Does peace of Mind Mean to You?

A policy with an umbrella provision offers additional levels of liability defense. Your umbrella insurance policy assumes control and offers you additional security if the liability limits on your primary insurance policy—be it house, auto, or another underlying policy—are reached.

Some claims that are not covered by your house, auto, or other underlying insurance are additionally paid by an umbrella insurance policy. The coverage extends to your spouse and every member of your family who resides in your home, wherever they may be located. Additionally, legal expenses are covered.

Added Benefits of a Personal Umbrella Policy

Anyone can benefit from an umbrella insurance policy! For those looking for additional liability protection, this product is excellent. It also applies to family members like your husband or children, which is an added benefit. With this policy in place, the anxiety associated with expensive claims seems to vanish. When you have an umbrella policy, you may put your worries and tension to rest. Consider an umbrella insurance policy right away if the standard liability insurance coverage isn’t quite adequate for you. Umbrella policies can include the following.

  • Not-for-profit directors and officer liability coverage
  • Fewer out-of-pocket expenses
  • Uninsured motorist and uninsured personal liability coverage
  • Specialized coverage for planes, vacation properties, etc.
  • Defense coverage

A single personal umbrella policy can be used in conjunction with numerous policies at the same time, including:

  • Auto insurance
  • Homeowners insurance
  • Renters insurance
  • Boat insurance
  • Motorcycle insurance
  • RV insurance

When Should You Purchase Umbrella Coverage?

The moment is now to purchase an umbrella policy. They are inexpensive, adaptable, and simple to incorporate into your own insurance portfolio. If the occasion ever arises for you to employ this benefit, you’ll ultimately be happy that you have it.

In order to ensure your protection and avoid having to sell assets in the event of a covered loss, umbrella insurance offers additional coverage. To protect you and your family, umbrella insurance can offer limits of one to five million dollars or more in addition to your ordinary policy.

Since 1992, Wayne McCormick has provided homeowners insurance coverage at competitive rates for homeowners and renters in San Diego County and Southern California.

Let us help you save even more by combining your home and auto insurance. We can also help you can save hundreds on your life insuranceumbrella insurancemotorcycle insuranceboat / watercraft insuranceRV / travel trailer insurancecommercial insurance, and more. We even offer surety bonds!