Umbrella insurance is one of the most important insurance policies one can buy. Just one serious accident, along with the resulting medical costs, lawsuits and other expenses, can put everything a family owns—and even future income—at risk. Dollar per dollar it also offers the best deal money can buy to protect your financial future. Umbrella insurance is not just for the ultra wealthy, it’s for everybody including you! You should consider an umbrella policy if anyof the following apply to you:
Own a vehicle
Have job, assets, or retirement savings
Have children, especially a teenager
Use social media such as facebook or allow your children to use social media
Have pets especially dogs prone to biting
Own a home or are buying a home
Host parties or entertain guests in your home
Carpool or host other people’s children at your house
Serve on a board or perform volunteer service
Own toys such as a boat, jet-ski, ATV, snowmobile, golf cart, motorhome, or other recreational vehicle
Rent a boat, snowmobile, ATV or other recreational vehicle while on vacation
Own properties rented to others
Have a pulse :) – All jokes aside, umbrella insurance should not be overlooked.
If you have answered yes to any of the above, you should definitely ask your local independent agent about adding a personal umbrella policy to your insurance package.