When you already have a home and auto policy in place, you still may not have enough coverage for liability. You can fix this problem with an umbrella insurance policy. If you are interested in getting more liability coverage, call us today at Rickey McGill Insurance Agency in Arlington, TX to find out more.
Coverage for Accidents
When an accident happens and your car or house are involved, you can be found liable for the accident and all of the costs that go with it. These costs can be substantial, so it’s important to never go without liability insurance. When you have your auto and home insurance already, you will have some liability protection as a part of each of those policies. However, it is often not enough coverage to pay for a serious accident. For that, many people get umbrella insurance to add to the liability coverage of the home and auto policies.
A Higher Maximum Payout
When you get an umbrella insurance policy, it works alongside your other policies. First, the car or home insurance, depending on where the accident happened, will pay for your liability costs. However, if there are still bills due after your home or auto insurance have maxed out, you have your umbrella insurance that comes in and pays the rest of it. With an extremely high maximum payout, chances are that this policy will pay the rest of what you owe so that you are left scrambling to pay the overage.
Get Your Umbrella Policy
If you have auto and home insurance, don’t take it for granted that you have enough liability coverage. Chances are that you don’t have enough for the sky-high costs of a serious accident. That’s why umbrella policies are so popular. If you are interested in one of these policies, contact us at Rickey McGill Insurance Agency in Arlington, TX to make an appointment with an agent to discuss it.