If you have both a home and an auto insurance policy, you may think that you have plenty of liability insurance. However, in many cases, this isn’t true. To find out more about umbrella insurance, call us at The Sanford Group in Ball Ground, GA.
Liability for Auto Insurance
Most people with auto insurance have liability coverage in their policy. However, it is often a relatively small amount. If you were to have a serious accident, your auto insurance may not cover all of the bills that come in. But with an umbrella insurance policy, you get more liability coverage on top of that policy. The way it works is that after a vehicle accident, the auto insurance policy will pay for the damages, but only until it reaches its maximum. After that, your umbrella insurance policy will come in with its own, much higher, maximum payout. It gives you an extra layer of liability protection that you may need after a serious accident.
Liability for Home Insurance
Just as it works with your auto insurance, it works with your home insurance. It provides the same service- coming in and paying when your home insurance policy maxes out on its liability coverage. That allows you to have insurance pay for serious accidents that happen on your property instead of you scrambling to come up with the money. It’s a layer of protection that is extremely helpful for those who have both auto and home insurance coverage.
Get Liability Protection From Umbrella Insurance
Don’t be left vulnerable after a major accident happens. Get your umbrella insurance policy to give yourself the protection you need. Call us today at The Sanford Group in Ball Ground, GA to talk about your current policies and a policy that you may need.