Personal umbrella policies provide an additional hedge of protection against liability claims and are frequently paired with home, auto, and/or rental property insurance When a catastrophic liability loss occurs, an umbrella insurance policy can mean the difference between financial survival and bankruptcy court.
The rising costs of lawsuits and judgments are important for you to consider. Catastrophic liability losses can happen to anyone at any time, and an umbrella policy protects you when those losses exceed your basic liability coverage. The time and effort you have put into building your assets (your home, vehicles, retirement accounts, etc.) is not replaceable. Call Duckworth Insurance Agency a today at (512) 792-4220.
Umbrella policies and coverages vary from carrier to carrier. Be sure to speak with us about your particular policy and what coverages are in place. Personal Umbrella Policies commonly cover:
Bodily injury and property damage in an accident that exceeds your auto liability limits
Bodily injury in the event of an accident on your property that exceeds your homeowners liability limits
Lawsuits and legal costs relating to invasion of privacy, libel or slander, and defamation of character
TEXAS - WHAT YOU SHOULD KNOW ABOUT UMBRELLA
RISK FACTORS - WHAT TO DISCUSS WITH OUR AGENTS
You have young drivers in your household
You own: rental property, vacation property, a home, or multiple residences
Driving or letting someone else drive your vehicle
Participant in carpools or other group activities