Umbrella insurance is a type of coverage that offers additional protection beyond the limits of your standard insurance policies. Umbrella insurance provides additional liability coverage for accidental injury, property damage, and legal defense costs.

1. Eligibility Matters

To be eligible for umbrella insurance coverage, you typically need at least one underlying policy. This can include policies such as auto, home, or business insurance.

For example, at Rasor Insurance in Celina, TX, available policies include the following:

Auto
Home
Commercial
Farm & Ranch
Life
Flood
Boat/Watercraft
Motor Home
Motorcycle
Renters
RV

2. Protects You from Large Financial Losses

If you’re unsure about purchasing umbrella insurance, it’s critical to consider the benefits. One of the primary benefits of umbrella insurance is that it can help protect you from significant financial losses.

For example, suppose you are legally responsible for injuring someone in a car accident. In that case, your umbrella insurance coverage can protect against any damages that exceed the limits of your standard auto policy.

3. Offers Comprehensive Coverage

Not only does umbrella insurance provide liability coverage, but it can also cover certain expenses that are not covered by your standard policies. This includes legal defense and damages from false arrest or malicious prosecution.

Whether you’re a business owner or an individual homeowner, it’s worth speaking with your insurance provider to learn more about umbrella coverage and whether it makes sense for you.

The Bottom Line

At Rasor Insurance in Celina, TX, we offer comprehensive coverage that helps protect individuals and businesses from significant financial losses. With our experienced team of insurance experts, you can feel confident knowing you’re protected against the unexpected.