Liability coverage is one of the most important types of coverage that you can get. If you don’t have an umbrella insurance policy, you may not have enough liability protection for a serious accident. If you’re interested in umbrella insurance, contact us at Modern Risk Management in Houston, TX. to find out more.
Why Is Liability Insurance So Important?
Liability insurance protects you from having to pay out of pocket for property damage or injuries that happen because of accidents in your vehicle or home. When an accident is caused in your home, the homeowner is usually considered at fault for the accident. This means that you will have to pay the subsequent medical bills or pay for the damage to property from an accident, and it comes out of your own pocket. Liability insurance will pay for those bills so that you don’t get sued for them. With an umbrella policy, you get much more liability coverage than you would with your home and auto insurance policies.
Adding Umbrella Coverage
Your home and auto insurance policies each have a small amount of coverage for liability, but it is generally not enough. If a serious accident were to happen, you would have to pay the amount over and above the maximum of your liability coverage. That’s where umbrella policies come in. They add more liability protection over your existing home and auto insurance policies so that the maximum is much higher. Then, this insurance coverage will be enough for a serious accident so that you don’t have to come up with the money.
Get Umbrella Protection
Umbrella insurance boosts the liability coverage you have in your existing home and auto insurance policies. To find out more, call us today at Modern Risk Management in Houston, TX.