Many people assume their home and auto insurance provide all the protection they need. While those policies do include liability coverage, serious accidents can sometimes exceed those limits. That’s where a personal umbrella policy can make a big difference, here at Haughn Insurance, we can make that happen for you.

 

What Is a Personal Umbrella Policy?

A personal umbrella policy provides an extra layer of liability protection above your existing home, auto, or other personal insurance policies. If a claim exceeds the limits of those policies, the umbrella policy can step in to help cover the remaining amount.

 

Why This Matters

Consider situations like these:

• A serious auto accident where medical bills and legal costs exceed your auto policy limits
  • Someone injured on your property who files a lawsuit
  • A liability claim involving a recreational vehicle, boat, or rental property
  • A defamation or personal liability claim

In these types of situations, damages can add up quickly and may go beyond standard policy limits.

 

What Does It Protect?

An umbrella policy is designed to help protect your assets, income, and future earnings if you’re found legally responsible for damages. It can also help cover legal defense costs associated with liability claims.

 

Surprisingly Affordable Coverage

One of the most overlooked aspects of umbrella policies is the cost. Because it sits on top of existing coverage, a significant amount of additional liability protection can often be purchased for a relatively low premium.

 

The Bottom Line

A personal umbrella policy isn’t just for the ultra-wealthy. Anyone with a home, savings, investments, or future income to protect should consider whether this extra layer of protection makes sense.

Haughn Insurance is about protecting what you’ve worked hard to build—and sometimes the best coverage is the one you hope you never have to use.