The 101 on Umbrella Insurance

Umbrella insurance is additional insurance that offers protection beyond the existing limits and coverage of other policies you may have. It’s a great option to guarantee you get significant extra liability coverage, should you need it. 

This type of insurance policy isn’t required for your daily life, but it provides the extra security and peace of mind that all your bases are covered in any event or situation. Can you really put a price tag on that quality of defense?

Brevard Insurance Agency Inc is here to answer any questions and provide expertise regarding umbrella insurance for residents in the surrounding Brevard, NC area.

Umbrella insurance does exactly what it sounds like it would — extending over and above the liability policies, you maintain on your home, cars, and various other assets. 

How Does Umbrella Insurance Protect Me?

It’s a special type of policy that begins where your standard coverage ends, and provides additional support and security should you need it. Say you exhaust your insurance limit before the entire cost is covered – this is where umbrella insurance is beneficial. 

The homeowner’s insurance policy you have provides coverage for your house and the belongings inside the home. The car insurance policy you have protects your vehicle. An umbrella insurance policy covers all of those we mentioned, and then some.

Families in the Brevard, NC area who are debating whether or not they should acquire umbrella insurance should reach out to Brevard Insurance Agency Inc. We’ve built an impressive team of insurance experts who can help you prioritize your needs and make an informed decision on whether umbrella insurance is the right move for you. Contact us to see how umbrella insurance can protect you and your family.

Why Parents of Teen Drivers Need Umbrella Insurance

You would do anything to protect your family and Brevard, NC home. As a parent of a teen driver, however, just having basic auto insurance might not be enough. Instead, it is definitely a good idea to add an umbrella insurance policy to your coverage mix. Here’s what you need to know.

Why an Umbrella Policy is Important for Parents of Teen Drivers

Essentially, umbrella insurance is a special type of policy that extends over and above the liability insurance policy that you carry on your automobiles, home, and more. While the policies you currently carry might be enough for everyday occurrences, having a teen driver in the household increases the risk if a major accident happens.

As a parent, this means that you are legally and financially responsible if your child is involved in an at-fault incident where someone else is either injured or has a large amount of property damage. In turn, this means that you could be sued for the actions of your teenage driver.

And, while you might think you’ve done everything to ensure your new driver is safe on the road, lack of experience is often the number one cause of teenage driving fatalities around the country. While this is scary to think about, it is a reality that has to be considered.

Umbrella Policies from Brevard Insurance Agency Inc. Offer Extra Protection

As previously mentioned, umbrella policies offer protection above and beyond what the other policies you carry provide. With the added risk and likelihood of your teen driver being involved in an accident, it is just a smart idea to have this additional level of coverage to protect your home and family.

Interested in learning more about how umbrella insurance can protect your family? Contact our Brevard Insurance Agency, Inc. team in Brevard, NC today to schedule a no-obligation policy coverage appointment.