{"id":39,"date":"2021-07-28T04:00:00","date_gmt":"2021-07-28T10:00:00","guid":{"rendered":"https:\/\/www.krienerinsurance.com\/blog\/?p=39"},"modified":"2021-08-01T13:30:11","modified_gmt":"2021-08-01T19:30:11","slug":"understanding-umbrella-insurance","status":"publish","type":"post","link":"https:\/\/www.krienerinsurance.com\/blog\/understanding-umbrella-insurance\/","title":{"rendered":"Understanding Umbrella Insurance"},"content":{"rendered":"<p>Investments come in many packages. Your home, bank accounts, and business ventures are all considered investments. As such, they each need protection so that they can best serve you in the future. At Kriener Insurance, serving Woodbury, MN, we can help you better understand how to protect all of your investments with umbrella insurance.&nbsp;<\/p>\n<p><strong>What Is Umbrella Insurance?<\/strong><\/p>\n<p>Umbrella insurance is a unique insurance product which can bring added protection and security to your investments. If you already have home, vehicle, life, or commercial insurance in place, umbrella insurance can be an add-on policy for catastrophic events.&nbsp;<\/p>\n<p>Each type of insurance product will have limits to the coverage the policy will payout. If an event takes place that exhausts these policies&#8217; limits, your assets could be left vulnerable to make up the difference. Umbrella insurance can kick in to provide additional coverage and payouts.&nbsp;<\/p>\n<p><strong>Who Needs Umbrella Insurance?<\/strong><\/p>\n<p>Anyone can benefit from umbrella insurance, but it is often most beneficial for those who have significant assets they wish to protect. This can include retirement accounts, investment accounts, properties, and more. If your current policies are exhausted after a claim, those assets can be held liable by law to satisfy the expenses. Umbrella insurance will provide that needed extra layer of protection to make sure this doesn&#8217;t happen.<\/p>\n<p><strong>How Much Coverage Do I Need?<\/strong><\/p>\n<p>Each individual will have a unique situation which will require evaluation. Sitting down with an insurance representative is a great way to better understand your insurance needs and to figure out how much coverage you will need.<\/p>\n<p>If you would like to learn more about insurance products and services, please contact us at Kriener Insurance, serving Woodbury, MN.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investments come in many packages. Your home, bank accounts, and business ventures are all considered investments. As such, they each need protection so that they can best serve you in the future. At Kriener Insurance, serving Woodbury, MN, we can help you better understand how to protect all of your investments with umbrella insurance.&nbsp; What [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9,8],"class_list":["post-39","post","type-post","status-publish","format-standard","hentry","category-umbrella-insurance","tag-kriener-insurance","tag-woodbury-mn"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.5.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Investments come in many packages. Your home, bank accounts, and business ventures are all considered investments. As such, they each need protection so that they can best serve you in the future. At Kriener Insurance, serving Woodbury, MN, we can help you better understand how to protect all of your investments with umbrella insurance. 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