What is Umbrella Insurance, Anyways?

Confused by umbrella insurance? Here’s the deal...umbrella insurance, or excess personal liability insurance, protects your savings and other assets in case you are sued for damages that exceed the liability limits of your other insurance policies (Home, auto, etc). Whether or not you need it depends on your individual situation and life style...

-Are you a landlord?

-Do you own a pool, trampoline, or dog?

-Do you have a new driver in your house?

-Do you coach youth sports?

-Do you have a retirement account to protect?

If you answered yes to any of these, or think of something similar that might make you more vulnerable to being sued, umbrella insurance is probably worth considering.