5 Reasons Why Umbrella Insurance Might Be Right for You

man with hand out and umbrella over family cutouts signifying umbrella insurance

What if you found out you didn’t have enough insurance at the worst possible time? 

For example, both your automobile and homeowner’s insurance come with a certain level of liability protection. When that’s not enough, you may need the added protection of umbrella insurance coverage

Despite this, you may be on the fence and asking yourself if you need umbrella insurance. Keep reading to discover the benefits of umbrella insurance coverage and whether it is right for you. 

1. Umbrella Insurance Can Provide Extra Legal Protection You Need 

For both automobile insurance and home insurance, the basic function of liability coverage is simple. This coverage pays to help cover damages you are liable for, including paying medical bills. If necessary, liability coverage will pay your legal fees if you go to court…up to a certain point. 

If the costs of a lawsuit go beyond the limits of your liability coverage, you’ll have to pay the rest out of pocket. Even if you win, the costs of defending yourself could easily bankrupt you. With umbrella insurance coverage, you basically get an extra layer of protection to help cover your legal costs, potentially saving you thousands of dollars. 

2. Enhanced Liability Protection for Online Behavior with Umbrella Insurance 

We live in a brave new world of digital interaction. The internet helps you make connections with countless people all around the world. Have you ever imagined how these connections could get you in trouble? 

As laws change and evolve, more and more people are getting successfully charged for their online behavior. This includes committing libel, slander, and defamation of character. Just think: that single angry comment or video you made could land you in major trouble with the law! 

To make matters worse, these kinds of online legal issues may not be covered by a standard liability policy. With umbrella insurance coverage, you should have the legal protection you need to protect yourself in court. 

3. Umbrella Insurance Helps Protect the Future for Your Family 

At the end of the day, all insurance is designed to help safeguard your future. Umbrella insurance is one of the best ways to protect the future you have planned for yourself and your family. 

If your liability coverage isn’t enough and you are stuck paying thousands (sometimes even hundreds of thousands) out of pocket, you can easily lose more than money. You can lose your home and your car; your children can lose their chance at a college education. Something as simple as your dog biting a guest can destroy your future entirely. 

Don’t leave your future up to chance. It’s time to protect that future with the added protection of an umbrella insurance policy. 

4. Umbrella Insurance Can Cover You When You Own “Dangerous” Toys 

Some people love to embrace the phrase “work hard, play hard.” If you believe in this philosophy, you might own some fun recreational vehicles, including motorcycles, ATVs, boats, and more. You might have a swimming pool or a trampoline for your kids. 

Besides being expensive, these “toys” are inherently dangerous in that people can get hurt or killed while using them. Your umbrella insurance can give you protection in court if something happens to someone while they are using your swimming pool or riding your ATV. 

group of friends in forest on ATVs

5. Globe-Trotters Can Get Protection with Umbrella Insurance 

Do you enjoy travel, especially global travel? In that case, the answer to “Do I need umbrella insurance?” is a resounding yes! 

That’s because umbrella insurance effectively travels with you. If you are found liable for certain accidents as you travel, you may not have the protection of automobile or homeowner’s liability coverage. That means you could be completely on the hook for your legal costs. 

With umbrella insurance, you can travel with peace of mind. After all, you know that if the worst happens, you’ll be able to defend yourself in court without going bankrupt. 

Get the Best Umbrella Insurance Today! 

Now you know the many benefits of umbrella insurance coverage. But do you know where you can find the umbrella insurance that you and your family deserve? 

At InsureOne, we’re here to take care of all your umbrella insurance coverage needs. We are always ready for you to get a simple quote for umbrella insurance online. Alternatively, you can pick up the phone and give us a quick call at 800-836-2240. Finally, feel free to come into one of our convenient nearby offices