As a homeowner, you probably already have home insurance, but did you know it also includes liability coverage that can help with legal expenses and other related costs if you’re sued? Liability protection is a key part of any home insurance policy. If someone is injured on your property, or you’re found responsible for damage to someone else’s property, you could find yourself facing a lawsuit. Home insurance helps shield you from the financial burden that comes with that.
Umbrella insurance adds an extra layer of liability protection on top of your existing home insurance policy, helping ensure you have as much coverage as possible if you’re ever sued. At Riverside Insurance Agency Inc., serving Byram, MS, we can help you explore umbrella insurance and answer any questions you have along the way.
1. Why Do I Need Umbrella Insurance If I Already Have Home Insurance?
Umbrella insurance kicks in once the liability coverage on your home insurance policy has been fully used. If your total assets are worth more than what your home insurance liability coverage protects, umbrella insurance can help fill that gap.
2. Who Needs Umbrella Insurance?
Not everyone chooses to add umbrella coverage, but it’s worth considering if you have significant assets to protect or own items like a pool or trampoline that could increase your liability risk.
3. How Can I Get Umbrella Insurance?
Working with an independent insurance agency is a great way to get umbrella insurance, since these agencies work with multiple carriers and can shop around to find the right policy for you.
Riverside Insurance Agency Inc., serving Byram, MS, is an independent insurance agency dedicated to helping customers find the right coverage for their needs. Call today to speak with one of our insurance professionals.
