What Is Covered With An Umbrella Insurance Policy?

It’s important to have sufficient coverage across all of your insurance policies. You never know what is going to happen, which is why it’s a good idea to have an umbrella insurance policy. There are a number of things that can be covered by the policy to provide you with additional financial protection.

Coverage Levels

When you’re in Groveport, OH, you want to have as much protection as possible. An umbrella insurance policy for homeowners is generally going to add to coverage to your existing policies, such as your homeowner’s insurance policy as well as your auto insurance. This way, if you have to file a claim with large dollar amounts, you are less likely to pay out-of-pocket beyond the deductible.

All aspects of your policy have a specific coverage amount. The umbrella policy would cover you beyond that amount. For example, if you have weather damage coverage on your homeowner’s policy up to $50,000 and you have $60,000 worth of damage, the umbrella policy would cover the $10,000 remainder. Otherwise, that amount would be your own financial responsibility.

Setting the Amount

You want to avoid major expenditures when it comes to insurance claims. As such, you will want to look at the coverage levels on all aspects of your insurance policies. From there, Keystone Insurance Agency LLC can help you to determine the total amount that your umbrella insurance should be written for. It can be the ultimate way to file a claim knowing that you have sufficient coverage in place.

You never know what could happen in Groveport, OH. However, umbrella insurance can provide you with a greater level of confidence knowing that you have policies in place. At Keystone Insurance Agency LLC, there are agents to help you every step of the way so that you can get a good policy.