When you have home and auto insurance policies, you have some protection, but you might not have as much as you thought. Many home and auto policies are lacking in one key area of coverage, and that can leave people vulnerable to lawsuits and overages when the coverage isn’t enough. Getting umbrella insurance is a great way to get more coverage without a major cost increase.
If you are interested in umbrella insurance, give us a call today at Kriener Insurance in Woodbury, MN.
Get More Liability Coverage
Your home and auto policies each have some coverage for liability, which pays for medical bills and certain other expenses when an accident happens. This is an accident in your home with home insurance and an auto accident that you cause for your auto insurance. The problem is that these policies often come with very little liability coverage when you consider the high cost of medical bills, lost wages, etc.
Umbrella insurance is a way to add more liability coverage to both of these policies at the same time. And, it costs much less to get umbrella insurance than it does to add more liability coverage onto your home and auto policies.
How It Works After an Accident
When there is an accident that you caused with a vehicle or that happens to a third party in your home, your auto or home insurance weighs in first. It pays what it can toward the medical bills and other costs until it reaches its maximum. After this, when there is an overage left to pay, your umbrella insurance comes in to pay that overage. This can save you thousands on medical bills after your home or auto coverage has maxed out.
Get Your Umbrella Policy
To get started with an umbrella insurance policy, call us at Kriener Insurance in Woodbury, MN.