Umbrella Insurance in Arizona
At The Insurance House, we hope that you never face a rainy day but if you do, we hope that you have an umbrella to protect you. While it may not be rainy in Tucson, AZ, if you own a home, car, RV or just about anything of value, having an umbrella insurance policy, can help to protect you from the liability that goes along with ownership. Arizona insurance laws do not require umbrella insurance, but we would love to meet with you to discuss just how important this coverage could be to you and your financial future.
What is an umbrella policy?
Home insurance and auto insurance has fixed limits on the amount of liability that they cover. What happens if there is a legal claim against you that is higher than the liability limit of your policy? You will be responsible to pay that amount out of your own pocket. With the judgments getting higher and higher all the time, it seems prudent to make sure that you have adequate liability coverage to fill in the difference. This is where an umbrella policy comes into play, Once your liability limit has been met, the umbrella will pay an additional amount up to the amount of the policy. A typical umbrella policy would offer an additional one to three million dollars.
Things that an umbrella policy typically cover
- Attorney and court fees
- Legal judgment against you
- Bodily injury
- Property damage
Bodily injury coverage includes medical expenses from a covered event. This covers you or a family member when operating a motor vehicle or as a result of an injury to someone on your property. It even covers your pets.
Property damage replaces or repairs a vehicle or structure that is damaged by you or a family member.
Legal fees can be the most important part of umbrella coverage.
At The Insurance House, we put the needs of our clients first and foremost. We know Arizona law and can help you make the best insurance choice for your needs. If you are in the Tucson, AZ area, why not stop by our office or give us a call for a no-obligation quote.