What does my umbrella insurance cover?

When you need protection, grab an umbrella.

Revolutionary Insurance Group knows that umbrella insurance doesn’t just keep you covered. It’s a safety net extending beyond the limits of traditional homeowners and auto insurance policies. While umbrella insurance can provide new coverage, these policies are primarily add-ons to existing plans. Umbrella insurance is about preparing for the worst.

With this in mind, Revolutionary Insurance Group can help. Located in Corpus Christi, TX, our team wants to share five items that are best served with an umbrella insurance policy.

Bodily or personal injuries

When you cause bodily harm to another person, this coverage chips in for any medical bills. Although liability is standard in most policies, it often barely scratches the surface—Umbrella insurance ups your policy limit.

Property damage

Again, liability is standard in most homeowners, renters, and auto insurance policies. Yet, these are insufficient if a severe accident occurs. This will cover any costs of property damage. For liability, coverage limits for umbrella insurance typically start at $1 million.

Personal protection

Umbrella insurance offers some unique coverages. For example, slander, libel, and defamation could all be protected. Loss from being wrongly accused of false arrest may also be included. 

Legal expenses

Lawsuits can be costly. If sued, umbrella insurance reimburses some legal expenses up to the policy limit. This kicks in no matter who is found to be at fault.

Coverage for the whole family

Umbrella insurance doesn’t just apply to the policyholder. These protections extend to any member of your family too. Your policy will define what constitutes a "household," so review your plan closely.

Consult an agent serving Corpus Christi, TX 

When it rains, it pours. Revolutionary Insurance Group knows that umbrella insurance ensures you’re covered. Make protecting your assets, your family, and yourself a priority. Schedule an appointment today.

Additional Benefits Of Umbrella Insurance

Umbrella insurance is a type of coverage that provides additional liability protection on top of your existing policies. This means that rather than getting your home in Corpus Christi, TX covered with excess liability, and then buying more excess liability for your car, and then for your business, and then your boat and so on, you simply buy one policy and now you have extra liability protection for every policy you hold.

The additional liability coverage extends to several areas besides the obvious, as well. For instance:

  • Director and executive coverage. If you run a business with a board of directors, your umbrella policy will provide some liability insurance that helps to protect your company in the event of misconduct or errors on their part.
  • E&O coverage. Likewise, if you make an expensive mistake at your business, umbrella policies will typically provide some coverage for errors and omissions.
  • Driving overseas. Your current auto insurance provider might not recognize a claim you make if you are in an accident while driving in another country. Umbrella insurance typically will.
  • Liability away from home. Home insurance protects you at home. Auto insurance protects you while you’re driving. Umbrella insurance protects you everywhere. This means that if, say, your son is in a fight at school and the other parents sue, you’re covered.

The great thing about umbrella insurance in Corpus Christi, TX is that it is not tied to any one specific area of your life like car and auto insurance are. Umbrella insurance provides general liability coverage for life. If you’re looking to get protected, call Revolutionary Insurance Group, or go to the Revolutionary Insurance Group website and see what they can do for you.