What is Personal Umbrella Insurance?
You try to be a responsible person. Once you’ve purchased homeowners and auto insurance, you may think you’re covered for most accidents that may occur. Though these are important policies for Massachusetts homeowners and drivers to have, some accidents or events may extend beyond the coverage they provide. With personal umbrella insurance, you can extend and broaden your liability coverage for more comprehensive protection.
Like all insurance policies, your Massachusetts homeowners and auto insurance policies have limits to their liability coverage designed to protect against most common situations you may face. However, if you are responsible for an accident or injuries that exceed these limits, the remainder will have to be paid out of pocket, putting you in a precarious financial situation. Umbrella insurance is an affordable option to add additional liability coverage for these situations.