You cross your fingers and knock on wood hoping that an accident never happens to you. But life is unpredictable, and you can find yourself in an accident at anytime. When it occurs, major damages and injuries can be the outcome. If you are held liable, you could be involved in costly lawsuits where you have to pay for those damages and injuries.
Why You May Not Have Enough Liability Protection To Cover DamagesYou purchase a home, car, and recreational vehicle with liability insurance to cover damages and injuries when they happen. Unfortunately, the amount of liability insurance may not cover all the costs of defending yourself against a lawsuit or paying compensation if a judge rules against you.
What happens then? Well, you may have your assets seized. You can lose your home, car and other property to pay for the expenses. This is why many people are purchasing personal umbrella protection in addition to their insurance policy.
What Is Personal Umbrella Protection?Personal Umbrella Protection is extra liability insurance. It gives protection over and above your homeowner and auto insurance policies. This means that when an accident happens and you use up the compensation amount from your regular insurance policies, your umbrella policy will pay for the rest of the amount.
Anybody who owns a home, vehicle or recreational vehicle -- such as a water craft -- should get personal umbrella protection in addition to their regular insurance policy.
Contact Little & Son's Insurance ServicesDon't be without the added protection of personal umbrella insurance. When an accident happens, make sure you are completely covered. Contact Little & Son's Insurance Services to discuss the right policy you need to pay all your expenses in case you are ever involved in an accident where you are held at fault.
