An umbrella policy is a great type of insurance to have for many reasons. It adds to the amount of coverage that you have in your home and auto policies. It comes at a far lower cost than if you were to add coverage directly to those two policies. Umbrella insurance comes with a very high maximum payout, but it doesn’t cost very much to get. It’s a great way to get the coverage you need without a huge price tag.
When you want more coverage for your home and auto policies, call us at L & S Agency Inc. in Buffalo, NY.
More Liability Coverage
Liability coverage is part of your home and auto policies. When you get umbrella insurance, it adds more liability coverage to both policies at the same time. This leaves you better covered in case of accidents. If an accident were to happen in your home or with your car, the cost of the medical bills and other expenses could be yours to pay. Your liability coverage pays these expenses so that you won’t be at as much risk of lawsuits. With the policy available to pay for the resulting bills, you can have peace of mind knowing that these will be taken care of.
How It Works
After an accident has happened, your first policy comes in to pay as much as it can. This may be your home or your auto policy. Once this policy reaches its maximum, there may still be bills left over to pay. That’s where your umbrella policy comes in and pays the rest. This is very important coverage to have, and it comes at a relatively low cost.
Get Umbrella Insurance Today
When you want to be better covered with an umbrella policy, call us at L & S Agency Inc. in Buffalo, NY.