Umbrella Insurance: Secure Your Future

If you have liability coverage in your home or boat insurance, you might think it’s sufficient until you encounter a significant liability claim. In these scenarios, your standard liability policies could be insufficient, putting your assets and future earnings at risk. When faced with a major lawsuit or liability claim, you'll be relieved to have umbrella insurance from Guardian Insurance. This policy provides additional coverage, stepping in where your underlying liability coverage leaves off.

Interested in understanding the umbrella insurance benefits? Continue reading.

What is umbrella insurance?

Due to its name "umbrella," many people assume that umbrella insurance comprehensively protects them against all risks. However, the truth is that umbrella insurance is a form of liability coverage, specifically designed to protect you when you are accused by others. It activates when your existing liability insurance has been exhausted.

Another important point is that umbrella insurance cannot exist as a stand-alone policy; it complements other types of insurance, such as boat, home, or car insurance. This unique feature often makes umbrella insurance surprisingly affordable, despite its extensive coverage that helps protect your assets.

Who needs umbrella insurance?

Is umbrella insurance just for the super-wealthy? Absolutely not! If you have assets that require protection and your liability insurance isn’t sufficient, you should consider umbrella insurance. Additionally, if you find yourself at risk of being sued, it’s essential to think about the umbrella insurance benefits. In summary, you might need umbrella insurance if you:

- Own a vehicle, home, or boat

- Have a business

- Chair a charitable organization

- Own a rental home

- Participate in activities like skiing and archery that can lead to injury to others

- Coach youth or kids’ sports

- Share controversial remarks on social media and other online platforms

- Own a pet that may be dangerous and can bite or harm others

Are you ready to invest in umbrella insurance? Guardian Insurance is here to help you protect your assets. We serve customers in Nebraska, Iowa, South Dakota, Arizona, Florida, Missouri, Kansas, and Colorado. Contact us by phone, email, or visit our Omaha, NE office for an affordable quote.