Personal Umbrella Insurance
If insurance is for a rainy day, personal umbrella insurance is for a storm.
Umbrella insurance protects you during those times when your regular home insurance or auto insurance policy’s liability limits are exhausted, and you are faced with a lawsuit and millions of dollars in liability exposure.
Millions of dollars? Is that realistic?
Unfortunately, it is.
It is a fact that in today’s world, the newspapers are filled with more and more articles about accidents, lawsuits, and liability questions. We are human, and our mistakes sometimes have severe consequences, consequences that can reach millions of dollars in liability.
A million dollars can add up easily, particularly if the injured person suffers injuries that keep him or her from working for weeks, months, or years. The victim of an accident could sue you for medical bills, lost income, even pain and suffering, not to mention damage to their vehicle, and cost for an attorney.
A typical auto insurance policy has limits of $100,000 per person and $300,000 per accident, and $50,000 property damage. Depending on the extent of the damage and injury, you are responsible for paying the rest, if you are at fault in an accident, and that means you may have to hand over your home, stocks, retirement or college funds, or any other significant assets.
Turlock Umbrella Insurance can Protect You From Life’s Oncoming Storms…
It adds $1 million (or more) of liability protection on top of your auto insurance, home insurance, and boat liability insurance coverages, and because it is designed for those really rainy days, personal umbrella insurance is cheap.
You can usually buy umbrella insurance policies with $1 million limits for $150 to $300 a year. If you need more than $1 million limits, you can buy each extra $1 million of coverage for $100 to $150.
How much insurance is enough?
The answer is different for everybody. It depends on what you want to protect, and how much risk you are willing to assume. Your goal with a personal umbrella policy is to put as much of an insurance “buffer” between a serious accident and your hard earned savings as possible.
California’s leader in Insurance and Risk Management
As one of the fastest growing agencies in California, GDI Insurance is able to provide its clients with the latest and greatest of what the insurance industry has to offer and much, much more. With locations across the heart of California’s Central Valley and beyond to provide a local feel to the solutions and services we provide our clients. We pride ourselves on exceeding our client’s expectations in every interaction to make sure that our client’s know how much we value and appreciate their business. Contact GDI Insurance Agency, Inc. today at 1-209-634-2929 for your comprehensive personal insurance quote!