What Is an Umbrella Insurance Policy?

When you have an auto and a home insurance policy, both of these come with various types of coverage included in them. This generally includes some liability protection for you. However, it’s common for these policies to include very little in liability coverage. This can be remedied by getting an umbrella insurance policy. If you don’t have enough liability insurance, call us at Wayne Realty & Insurance Co Inc. in Goldsboro, NC to talk to an agent about umbrella insurance. 

Umbrella Insurance

So many people get umbrella insurance policies because it boosts their liability coverage. It will raise your liability coverage in both your home insurance and your auto insurance. Because so many people don’t have enough liability in either of these policies, it’s a smart idea to get an umbrella policy that will boost both of them at the same time. When there is an accident and the first insurance policy, either home or auto, pays as agreed up to its maximum, your umbrella insurance policy would then kick in. It offers a maximum payout that is far higher than your standard home or auto insurance policies. 

Saving Money on Insurance

The reason that many people don’t get more liability coverage on their home and auto policies is that it’s expensive to do so. Getting an umbrella policy costs far less than upping it with those policies. Without it costing too much, you can get much more liability coverage for your own peace of mind and for your future. It can help enough that you likely won’t have to pay out of pocket after your home or auto policy is maxed out on liability.

Get Your Umbrella Coverage

If you need better liability insurance, call us at Wayne Realty & Insurance Co Inc in Goldsboro, NC to make your appointment with an agent.