Umbrella Insurance

When you have a home, boat, or car insurance in Texas, it may be a surprise if someone informs you that you need additional coverage. The truth is that you need as much protection as possible. You are growing, and your financial status is changing. This means you are at greater risk. Umbrella insurance gives you additional coverage when you have exhausted your standard limit. As Frank Pritchard Agency explains, getting umbrella insurance is a good idea.

Additional Coverage

One of the reasons you should get additional coverage is that it gives you the extra protection that your primary policy does not provide. As much as the liability coverage you get from auto and home insurance coverage may seem enough, there are times it will not give you adequate protection. If you want coverage against the risk of major liabilities, then consider an umbrella insurance policy.

Coverage for Unique Situations

Another benefit of umbrella insurance is that it protects you when exposed to some unique situations that your regular insurance policy does not cover. With umbrella insurance, you get personal coverage against libel, slander, false arrest, causing mental anguish, and malicious prosecution. Because of this, if you are in certain professions at great risk of being sued, you should consider getting umbrella insurance.

Note that you cannot get umbrella insurance if you do not already have the basic policies. That is because umbrella insurance should cover damages for whatever is left once you have exhausted your standard policy.

Many circumstances can necessitate the need for umbrella insurance. If you reside in Texas, get in touch with the team at Frank Pritchard Agency for professional advice to ensure that you are appropriately covered. We are ready to help customers that want adequate coverage. This will give you peace of mind, knowing you have sufficient protection.