Even though your home and car are protected, make sure you are covered in the event something unexpected occurs.
An umbrella insurance policy provides an extra layer of protection against liability for your assets, including if there's a serious accident or injury on your property. Without an umbrella policy you may be liable for more than what your auto and homeowners coverage provide.
For example, if your homeowners insurance provides $400,000 of liability coverage and you are sured for $1.4 million and resulting in judgement against you, you are required to come up with the remaining $1 million. If you had $2 million of coverage under an umbrella insurance policy you would not need to liquidate your assets to pay the remaining $1 million in this example.
Umbrella insurance policies help protect your wages, investments, house, cars, and boats from being at risk if a serious accident occurs.
Contact an Athens Insurance agent today to help determine the appropriate level of coverage for your situation.