When Should You Consider Adding Personal Umbrella Insurance?

Having appropriate insurance coverage is crucial when unexpected events can lead to significant financial burdens. While standard policies like auto and homeowners insurance may provide essential financial protection, they may not cover all potential liabilities.

Personal umbrella insurance can offer an extra layer of financial security, aiding you against substantial claims and lawsuits.

High Net Worth Individuals

You may be more likely to be targeted in lawsuits if you have substantial assets. Personal umbrella insurance can safeguard your wealth by helping cover claims exceeding your standard policy limits.

Homeowners With Pools or Trampolines

Owning a pool or trampoline can increase the risk of third-party injuries on your property. Umbrella insurance can extend your liability coverage by paying when your primary liability policies don’t have high enough limits to cover a claim.

Frequent Hosts

If you often host parties or gatherings, the likelihood of third-party accidents or injuries increases. Umbrella insurance can cover incidents that might not be fully covered by your homeowners insurance, such as a guest slipping and falling.

Parents of Teen Drivers

Teen drivers are statistically more likely to be involved in accidents. Umbrella insurance can offer extra protection if your teen is at fault in a serious accident, covering costs beyond your auto insurance limits.

Learn More

For residents of Littleton, New Hampshire, Hunkins & Eaton Insurance Agency is a trusted provider of insurance solutions. With our expertise and personalized service, we can help you determine the right coverage to meet your needs. Contact us today to explore how personal umbrella insurance can benefit you.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.