You believe you have all the insurance coverage you need, and hopefully, you are correct. However, there may come a time when you need access to more money than the policy pays out. If this happens, you have little choice but to come out of pocket to make up for the shortfall. When you’re talking about big bucks, that might not be so easy to do. If you haven’t heard of an umbrella liability policy, you’re missing out on an opportunity to cover the shortfall of other insurance policies. Take a look at three things about this type of plan.
1. Umbrella Policies Provide Extra Protection
An umbrella policy functions just like it sounds – it provides protection that extends over anything else you may have. The policy goes into effect when you reach liability limits on your primary coverage. For example, according to a palm coast insurance agency, … Read more
