Most people don’t understand why someone would pay extra to have an umbrella insurance policy. Well, an umbrella policy could help you in more ways than you think! You don’t need to make over 6 figures a year to justify purchasing a policy. Imagine that you are involved in a fatal car crash, and your blow over the legal blood alcohol limit. A lawsuit like this could cost you millions of dollars- that’s more than usually provided by your typical liability insurance. This is where an umbrella insurance policy would come in handy.

Umbrella insurance would have covered you for a few million more than what is covered on your auto or homeowners insurance liability policy. Most umbrella insurance claims are due to automobile accidents. However, claims related to trampolines or pools are not unheard of! If you own either of these items, or something similar you may want to look into purchasing a policy. An umbrella policy could even benefit someone who is a blogger! By participating in a blog, you run the risk of being charged for slander or defamation of character. If your opinions or strong, buy umbrella insurance to protect them.

Most people underestimate how much their assets are worth, and use that as their reason for not purchasing umbrella insurance. However, if someone sues you, you will be sued for more than just the money you have accumulated over the years. Medical bills can be very expensive, and bury you in debt. Take the steps necessary to avoid these situations, and speak with your insurance agent about umbrella insurance. You won’t regret it!

If you have any additional questions regarding insurance, don’t hesitate to contact Agape Brokers Insurance Agency! We have been fulfilling California’s insurance needs for over 23 years! Give us a call, today!

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