What is an Umbrella Policy and Why Do Homeowners Need One?
How Does an Umbrella Policy Work?
If you’re found liable for property damage, bodily injury, or personal liability claims, your homeowners or auto insurance will cover costs up to the policy limit. However, if damages exceed that limit, an umbrella policy steps in to cover the remaining amount—helping protect your assets, savings, and future earnings.
What Does an Umbrella Policy Cover?
- Lawsuits related to injuries or property damage caused by you, your family, or even pets.
- Medical expenses if someone is injured on your property.
- Legal fees associated with covered claims.
- Libel, slander, or defamation claims.
- Incidents that occur outside your home, such as accidents involving rental properties or recreational vehicles.
Who Needs an Umbrella Policy?
An umbrella policy is a smart investment for homeowners who:
✔ Own property or significant assets
✔ Have a swimming pool, trampoline, or other features that may pose injury risks
✔ Regularly entertain guests at home
✔ Have young drivers in the household
✔ Want additional peace of mind
Affordable Protection with High Value
Umbrella policies are typically very affordable, often costing just a few hundred dollars per year for extra coverage.
Get Extra Protection Today!
Protect your home, assets, and future with an umbrella insurance policy. Contact EverHome Insurance to learn more and get a customized quote!
