At All-Tex Insurance, proudly offering insurance products to residents in and around the greater Granbury, TX area, we often hear the question: "Do I really need umbrella insurance?" It’s a valid one. Most people assume their auto or home insurance is sufficient until something unexpected happens, and they find themselves responsible for costs that exceed their coverage limits.
Accidents That Exceed the Norm
Imagine you’re involved in a multi-car accident where several people are injured. Your auto insurance may cover a portion of the damages, but what happens if the costs exceed your policy’s limits? That’s where umbrella insurance comes in. It helps protect your assets and future from being depleted by lawsuits, legal fees, or settlements that exceed what your primary insurance covers.
Unforeseen Legal Situations
Umbrella insurance isn’t just for physical accidents. It can also assist in cases of personal liability, such as libel, slander, or false arrest. These situations might sound rare, but in today’s digital world, a social media post misinterpreted could quickly turn into a legal nightmare. With umbrella insurance, you get coverage that extends far beyond the usual policies.
Protection for the "What Ifs"
Perhaps you own a rental property or host frequent gatherings at your home. These situations carry added risks, and if someone is injured or property is damaged, you could be held liable. Umbrella insurance reassures you, knowing that you have an extra layer of protection in place.
If you’re ready to discuss how umbrella insurance can fit into your financial protection plan, reach out to All-Tex Insurance in Granbury, TX. We’re here to help you stay covered, no matter what life throws your way.
