When disaster strikes, often your home insurance is not enough to cover losses. An umbrella policy serves as an additional layer of coverage. Read on to see how purchasing an umbrella policy can protect you and your assets.
“An umbrella is that extra level of liability protection, and it goes over and above the auto and home policy limits,” she said. “It’s important because accidents happen, and if someone sues you (or any member of your household) for a significant amount of money, those dollars have to come from somewhere. For people who want to protect their wealth, an umbrella protects current assets as well as future earning potential.”
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