When you have home and auto insurance policies, some coverage is lacking. That’s why so many people get an umbrella policy to work with those two policies. If you are interested in getting an umbrella insurance policy, contact us at All-Tex Insurance in Granbury, TX to find out more.
Adding to Your Policies
With your home and auto policies in place, several types of coverage are included in both of these policies. One of those coverage types is liability coverage. The liability coverage in these two policies covers you if there is an accident that is your fault and there are injuries or property damage that results from it. However, the amount of this liability coverage is fairly low with both of these policies. To add to that liability coverage, there is umbrella insurance. It adds to the liability of both policies so that a serious accident can be paid for without a lawsuit or you having your finances wrecked. It is much less expensive to do this than increasing the amount of coverage you have in your home and auto policies.
How It Works
When there is an accident either at home or in your vehicle, the home or auto insurance will pay for the bills up until it reaches its maximum amount. After that, your umbrella policy kicks in. It has a much higher maximum, so you are far less likely to have to come up with the overage on your own. It protects you by paying that overage up to its own maximum.
Get Your Umbrella Coverage
If you want better liability coverage for your home and auto policies, you need an umbrella policy. Call us at All-Tex Insurance in Granbury, TX to talk to an agent about your liability coverage needs.