Home Insurance Umbrella Policy

In addition to bunded discounts insurers often offer discounts for drivers over 50 safe drivers and people with good credit.
Home insurance umbrella policy. Umbrella insurance may also be referred to as excess liability insurance. Your umbrella policy will cover the remaining 500 000 you re responsible for. Progressive s personal umbrella insurance isn t just for the wealthy. In other words you can t have the bare minimum of liability limits on an underlying policy home or auto and expect to purchase additional umbrella coverage.
An umbrella insurance policy is a type of personal liability coverage that goes above and beyond the amount that regular home or vehicle insurance offers. Your umbrella insurance policy will. An umbrella insurance policy can help cover your resulting expenses in situations like this up to your policy s limit. It will cover the amount above the limit set in your auto insurance policy up to the limit you choose for your umbrella policy.
Umbrella insurance is a form of liability insurance that will supplement your basic liability policies such as your auto home or renters insurance. The insurance information institute estimates a 1 million umbrella policy costs between 150 and 400 per year. To purchase an umbrella policy you must meet coverage requirements. For example a home insurance policy provides the primary liability for a loss once the amount of money in the homeowner personal liability is exhausted or maxed out then the umbrella insurance kicks in.
Isn t that the peace of mind you want. An umbrella liability policy covers a much higher limit and goes above and beyond claims directly relating to your home and auto. Ask about discounts. You can save hundreds of dollars if you bundle home and auto insurance including your umbrella policy.
Get a free umbrella insurance quote by calling 866 272 5192.