Also called excess liability insurance, umbrella insurance gives policyholders additional protection beyond what a primary home, auto, or watercraft insurance policy covers. This coverage also helps cover any legal costs should you face a lawsuit due to libel or damage to another’s property. Our professionals at Friant Insurance Agency in Temecula, CA discuss additional benefits of how these affordable policies can financially benefit you and your family.

Reasons to Invest in California Umbrella Insurance

There are many good reasons to add umbrella insurance to your arsenal of personal protection that we’ll discuss below.

Shield Your Assets and Savings

Consider a situation in which you or a person in your household is deemed liable for an auto accident or personal injury to someone else. Should the resulting legal fees and damage exceed your standard policy limits, you’ll likely be responsible for covering the remaining balance.

Legal Defense Costs

If an incident isn’t your fault, another party may start a lawsuit against you, and legal representation can be expensive. Umbrella insurance will still help cover legal defense costs, giving you access to resources to prove your innocence.

Coverage Gaps

Your umbrella insurance is designed to cover expenses that exceed the coverage limits of currently held policies and any gaps in your standard insurance policies. It may also cover situations that include false arrest, slander, and invasion of privacy. Another perk is that the coverage is often valid outside the US.

Give Yourself and Your Family Greater Peace of Mind

Life is ever-changing and can be very unpredictable. Knowing that you have umbrella insurance in place is likely to give you peace of mind. After all, this coverage is a cost-effective way to safeguard your financial well-being and assets in the future. Contact Friant Insurance Agency in Temecula, CA, with any questions and to receive a policy quote.