Umbrella Insurance – When it rains, it pours!

Umbrella Insurance is simply an alternative name for the line of insurance known as personal liability. Connect America Insurance Agency offers Umbrella policies to cover an insured when their injuries and damages exceed the liability limits of their existing policies. 

To determine if an Umbrella Insurance policy is right for you, assess the risks regarding the specifics of your personal situation, like:

  • Do you own a dog?
  • Does your home have a backyard pool?
  • Do you have teenagers driving your cars?

Then, contact Connect America Insurance Agency, the experts serving the communities in and around Jacksonville, FL.

Next, set aside the time required to inventory all of your assets. This exercise is Well Worth Your Effort!

The next step is to review the amount of liability protection offered to you by your current insurance policies, if there are any.

If the current liability coverage for your home (in and around Jacksonville FL), does not sufficiently cover your total assets (remember, you inventoried them), it signifies that you are in need of additional personal liability coverage.

How much coverage can you afford?

Preliminarily, it is important to note that an abundance of insurance companies require that the applicant have certain minimum liability limits if they offer Umbrella Insurance coverage to you. The limits apply to:

  • Automobile Insurance
  • Homeowner’s Insurance

Finally, compare your current exposure to risk with the Umbrella Liability policies offered within the marketplace.  It is noted that the majority of umbrella policies begin with $1 million. If it appears you will need more liability coverage, inquire about additional coverage.

Potential Mistakes to Avoid When Searching for Umbrella Insurance

  • Overlooking the Fine Print.
  • The premium cost is the only factor considered.
  • Choosing coverage that just meets the value of your assets.