If you want to feel extra secure about safeguarding your assets, you may want to consider an umbrella policy when selecting a vehicle insurance policy. An umbrella policy offers extra layers of liability coverage for your home and auto plans. If you want to enjoy extra peace of mind, you should consider this type of protection.
An Extra Layer of Protection
Once your liability limits are exhausted on your home or auto insurance in Ann Arbor MI, an umbrella policy will take over and provide an extra tier of protection. This protection is substantial, as it can cover at least $1,000,000 in coverage. You can also opt for higher limits.
Talk to Your Local Insurance Agent
So, if you are taking out a policy for Ann Arbor MI auto insurance and you feel the need to buy more coverage, an umbrella policy is the best way to ensure you have enough liability protection. In order to determine how much coverage is right for you, it is best to talk with your local agent.
Cover the Cost of a Legal Defense
An umbrella policy also pays claims that are not covered by your home or auto insurance plans. An umbrella policy covers not just you, but also your spouse and the members of your household. If you need to defend yourself legally, those fees are covered as well.
Why an Umbrella Policy is Ideal
While some people’s needs for home or auto insurance protection are not extensive, other homeowners need comprehensive liability protection. That is why you need to discuss your financial situation with your insurance agent. Make sure you have all your financial bases covered. An umbrella policy is the ideal insurance plan to make sure that this occurs.
Be Prepared – Review Your Options
If you want to avoid the consequences associated with property accidents or other unanticipated events, such as fires or storms, you need to look into your options today.
