As we age, our responsibilities increase, often leading to questions about whether we have enough insurance to protect our family’s assets. Your current coverage might not meet your needs, and you may need to add umbrella insurance to your existing policy. Miao Insurance Services of Pleasanton, CA can suggest viable options that provide added protection.

Auto Insurance Holders May Need Umbrella Insurance

If you have auto insurance, the need for umbrella insurance becomes apparent, especially during the summer months. This type of coverage is needed if you’re involved in a road accident. Umbrella insurance provides an extra layer of liability protection when your existing auto insurance policy has reached its coverage limit. It covers all medical care, property damage, and legal expenses associated with a personal liability lawsuit. However, umbrella insurance does not cover your injuries and damage to your vehicle.

Extra Protection for Outdoor Summer Parties

Summer is filled with backyard barbecues, pool parties, and other outdoor social gatherings. However, your home is a prime location for unexpected accidents. Umbrella insurance is an excellent asset protector. The additional liability coverage kicks in once your homeowner’s insurance policy has reached its limits. Umbrella insurance covers property damage and bodily injuries. If you have rare assets inside your home, the coverage will replace them if stolen in a robbery. Understanding your homeowner’s policy is essential before adding extra coverage. It will help you decide if umbrella insurance is a viable option.

If you still have questions about umbrella insurance, the staff at Miao Insurance Services of Pleasanton, CA are ready to help. They can provide knowledgeable answers that simplify the process of choosing the coverage needed to protect you and your family. Call and schedule an appointment today.