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Writer's pictureMadi McNeese

"Why should I have a personal umbrella insurance policy?"

Having a personal umbrella insurance policy can provide an extra layer of protection for you and your family in the event of unexpected accidents or incidents. Here are a few reasons why someone might consider getting a personal umbrella insurance policy:

  1. Extra liability coverage: Umbrella insurance provides additional liability coverage beyond what is offered by your home and auto insurance policies. This can be especially important if you have significant assets that could be at risk in a liability lawsuit.

  2. Coverage for unforeseen incidents: Umbrella insurance covers a wide range of incidents that may not be covered by your standard insurance policies, such as defamation of character, false arrest, and invasion of privacy.

  3. Peace of mind: Accidents and incidents can happen at any time, and having an umbrella policy can give you peace of mind knowing that you have an extra layer of protection in case something unexpected occurs.

  4. Affordability: Personal umbrella insurance policies are typically very affordable, with premiums starting at just a few hundred dollars per year. This added protection can be well worth the investment, especially if you have a lot to lose in the event of a liability lawsuit.

In summary, a personal umbrella insurance policy can provide an extra layer of protection and peace of mind in the event of unexpected accidents or incidents. If you have significant assets or want additional liability coverage beyond what is offered by your standard insurance policies, it may be worth considering getting a personal umbrella insurance policy.

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