Personal Umbrella Insurance in Petaluma and Sonoma County, CA
All homeowners, auto or other personal insurance policies generally include liability protections, which exist to help pay for the losses of others may be your fault and your responsibility to pay for. Most polices, though, only provide coverage up to the policy’s limit. If a claim or settlement surpasses the policy’s limit, and you don’t have a personal umbrella insurance policy, you will need to pay for the excess costs out-of-pocket.
Don Ramatici Insurance, Inc. is here to help you learn more about personal umbrella insurance and determine whether it’s the right coverage for you. Get in touch with us today to learn more.
What Is Personal Umbrella Insurance?
If you are found to be legally responsible for injuring someone or damaging their property, without a personal umbrella liability insurance policy, anything beyond the limits of your standard liability insurance coverage will come out of your own pocket.
Like an umbrella that protects you from the rain, a personal umbrella liability policy provides an extra layer of insurance coverage over your standard liability policies. It protects your personal assets by kicking in when your standard liability coverage is exhausted.
How Much Coverage Do I Need?
You’ll want to consider not only your total personal assets but also your potential personal risks. For example, do you operate a business in your home and have employees and clients at your home on a regular basis? Does your profession or the location of your home make you an easy target for a big settlement? Determine your personal risks to evaluate the amount of additional liability coverage that makes the most sense for you.
Additional Protection for Additional Peace of Mind
Even if you have significant personal property and monetary savings, a high liability lawsuit could cause you a big financial loss. Personal umbrella insurance can offer you considerable protection against the ramifications of these losses. The costs of these policies are well below what a qualifying umbrella liability insurance claim might be. It’s always in your best interest to carry this policy as part of your overall personal insurance portfolio.
We proudly offer policies to customers in Petaluma, CA and surrounding areas. Contact an agent or request a quote now to learn more about personal umbrella insurance and what Don Ramatici Insurance, Inc. can do for you.