Most people don’t realize that umbrella insurance can benefit anyone. Even if you don’t think you are vulnerable to a future loss, you could be involved in an accident through no fault of your own and need additional assistance. If you are in an auto accident or if you experience damage to your Bethlehem, NH home, a single umbrella policy can help with both. At The Washwick Agency, we can show you how inexpensive this coverage is.
What Is Umbrella Insurance?
Umbrella insurance is basically an extra insurance policy that acts as an umbrella to protect you from unexpected rainy days. If something unfortunate happens and you feel vulnerable, your umbrella policy offers that extra protection you need.
Your umbrella policy works by picking up where your regular coverage leaves off. Say for instance that you are in an auto accident and you have $50,000 coverage for medical payments per victim. If one of the victims requires multiple surgeries or extensive rehabilitation, that money could run out fast. Once you reach your policy limit, your umbrella policy takes over and pays up to that policy limit.
Why Is Umbrella Insurance Important?
Even if you don’t feel as though you have many assets, you could lose all your assets in a big enough event. Umbrella policy protection generally starts at $1 million and is surprisingly affordable.
Not only that, but your umbrella policy covers you in multiple areas. If your policy is personal, it may protect your automobile and home, adding extra liability coverage for your home. If you get an umbrella policy for your Bethlehem, NH small business, it adds coverage to your business policies.
We Are Here To Help
If you would like to discover your options for adding an umbrella policy, please feel free to call The Washwick Agency today.
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