When it comes to misunderstood types of insurance, umbrella insurance is one that many people struggle to understand. It’s not insurance for your umbrella, nor is it something only the wealthy need. Think of umbrella insurance as a real umbrella—it provides coverage for you and your assets. At The Insurance House in Tucson, AZ, our independent agency works for you and can explain how umbrella insurance fits into your overall financial plans.<\/p>\n
Umbrella insurance is excess liability coverage designed to protect you and your assets from legal judgments made against you. While wealthier individuals may have more to lose, anyone with assets is at risk of losing them. Umbrella insurance is not a stand-alone policy; it supplements existing policies, such as home, auto, condo, motorcycle, boat, and more, with additional coverage.<\/p>\n
Your primary insurance policy provides initial coverage when you need it. However, once the coverage limit of your primary policy is reached, your umbrella insurance policy steps in to extend your protection up to the policy’s limit. Typically, umbrella policies start at around one million dollars and can go higher depending on your needs.<\/p>\n
If you have assets or even a stable job, you could be at risk of a lawsuit. Future earnings may be garnished to pay a legal judgment, which is a scenario no one wants to face. Umbrella insurance is an affordable way to protect yourself today and in the years to come.<\/p>\n
Contact our team at The Insurance House in Tucson, AZ, to discuss umbrella insurance coverage and all your insurance needs.<\/p>\n","protected":false},"excerpt":{"rendered":"
When it comes to misunderstood types of insurance, umbrella insurance is one that many people struggle to understand. It’s not insurance for your umbrella, nor is it something only the wealthy need. Think of umbrella insurance as a real umbrella—it provides coverage for you and your assets. At The Insurance House in Tucson, AZ, our […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[17,8,16,24],"class_list":["post-149","post","type-post","status-publish","format-standard","hentry","category-umbrella-insurance","tag-az","tag-the-insurance-house","tag-tucson","tag-umbrella-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t