Have you heard of umbrella insurance? Do you have questions about it? We offer umbrella insurance at Foresee General Insurance Agency Inc. in Harrison, AR. Today, we are here to answer your questions. 

What Does Umbrella Insurance Cover?

Umbrella insurance covers personal liability that exceeds the limits of your home and auto policy coverage limits. For example, if you are responsible for a million-dollar auto accident, your auto policy may cover $250,000 or $500,000. The umbrella policy would cover the rest. 

It also covers things that aren’t covered by your standard policies. These include slander, libel, wrongful eviction, wrongful entry, and invasion of privacy. 

What are the Coverage Limits for an Umbrella Policy?

Umbrella coverage is typically sold in increments of $1 million up to $5 million. Some policies may go up to $10 or $20 million. 

Is My Family Covered as Well? 

Umbrella policies typically offer coverage for household members, including spouses and children. However, the coverage provided may vary depending on the policy. 

Do I Need Umbrella Insurance? 

Today, everyone should consider umbrella insurance. If you are responsible for an accident that causes major damage to someone’s property or serious injury, you may be faced with an expensive liability claim. A personal umbrella policy will give you peace of mind and protect your financial security. 

How Much Umbrella Insurance Do I Need? 

Generally, you should have umbrella coverage equal to or greater than your assets. If you have $1 million or less in assets, you should have a $1 million umbrella policy. If your assets are greater than $1 million, consider more coverage. 

Umbrella Insurance at Foresee General Insurance Agency Inc.

If you need umbrella insurance in Harrison, AR, contact Foresee General Insurance Agency Inc. Our agents are here to discuss your needs and help you select the best policy.