You never know when disaster will strike. As insurance professionals, the agents of Anixter & Oser, Inc work hard to help customers prepare in advance. One of the most affordable ways to prepare against potential losses is with an umbrella insurance policy. Personal umbrella policies offer an added layer of protection for a few pennies a day.
Remember those pesky things called “limits”? Every insurance policy has them. Your auto insurance policy has a limit for how much it will pay out in event of an accident. Your homeowners policy has a limit as well. Umbrella insurance kicks in when those limits run out, extending the protection on the things you own as well as your liability protection when it comes to the property of others or personal injury.
Personal umbrella insurance is designed to cover the “what ifs” in life. What if your dog bit a child in your neighborhood? Would your homeowners insurance be sufficient to cover medical bills and other expenses related to the accident? What if you caused an auto accident that totaled a brand-new Bentley and severely injured three people? Most auto insurance would not cover that bill, but a personal umbrella insurance policy could.
Insurance agents recommend umbrella policies for a number of different reasons. One of the best reasons is the value for your money. These policies start at liability limits of $1 million and can go up from there. Additionally, as well as picking up when the limits have been reached on your other insurance policies, many umbrella policies cover claims that would otherwise be denied by your auto or home insurance.
To learn more about personal umbrella coverage from Anixter & Oser, Inc, contact us today. We look forward to helping you protect the things that matter.