Is Umbrella Insurance Necessary?

You may not consider umbrella insurance to be necessary but they are a valuable tool to financially protect you and your family.  One thing that makes these policies unique is that they only go into effect when your other policies are maxed out.  For instance, is someone is injured at your home due to your negligence, your home insurance policy will cover their medical and legal expenses.  When the policy reaches its cap, the homeowner is responsible for the additional funds.  For most people, this would be a financial burden.  An umbrella policy can help you recover more quickly.  At the Sanford Group, our agents work with homeowners throughout the Ball Ground, GA area.  They can explain how an umbrella policy to benefit you.

Umbrella insurance policies are designed to financially protect you.  In the example of someone getting injured, your home insurance policy may cover $200,000 but if their bills are $350,000, you are responsible for the balance.  As another example, if your home is destroyed by a disaster, your home insurance can help you rebuild.  If it doesn’t cover the total cost of construction, again, you’re responsible for the additional funds.  With an umbrella policy, you’ll have a helping hand when you really need it. 

In the Ball Ground, GA area, our agents at The Sanford Group want to help you with your insurance needs.  Explore the website for general information then contact us to visit.  Our agents can help you decide if umbrella insurance is a good fit for your family.  They can help you understand the details so that you can make an informed decision.  Having a financial tool like umbrella insurance is very important for the protection and quick recovery following a disaster.  Don’t wait!  Call us today for more information.