For a lot of people in Bellevue, WA, having the right coverage makes all the difference in the world. Many people want to extend their protection, but they’d rather not buy multiple new insurance policies. If this thought process sounds familiar to you, consider umbrella insurance. Umbrella insurance extends your existing coverage. At VIP Insured, we get a lot of questions about this type of coverage. If you’re curious about umbrella insurance, here’s what you need to know.
What Is Umbrella Insurance?
Umbrella insurance is a type of liability insurance that covers many scenarios. Sometimes, primary insurance policies — like homeowner’s insurance or auto insurance — don’t provide enough coverage. These instances are rare, but when they do happen, umbrella insurance adds an extra layer of protection.
What Does Umbrella Insurance Cover?
An umbrella policy covers the gaps between other insurance policies. For instance, if your auto insurance only covers a certain amount of damage, umbrella insurance can cover additional costs. An umbrella policy also protects you from some things that may be excluded from your other policies, especially when it comes to lawsuits.
This type of insurance provides more comprehensive coverage than just one type of policy can provide. It’s also a good option for people who have complicated individual needs or a lot of assets to protect.
Questions About Umbrella Insurance?
Should you get umbrella insurance? How do you know if you have the right coverage? The world of insurance can be complex, but you don’t have to figure it out on your own. If you have questions about umbrella insurance in Bellevue, WA, talk to us here at VIP Insured. We’d be happy to answer your questions and help you make sure you have the coverage you need.
