Umbrella Insurance
Your Local Umbrella Insurance Agency in Spokane, WA
If you’re looking for umbrella insurance in Spokane, WA, our independent agents can help. Personal Umbrella Insurance can be your safety net when tragedy strikes. A general insurance policy is meant to cover the basics, but when it comes to severe accidents or even being the cause to death of another person, your insurance limits may not fully cover you. This could leave you stuck in debt for life.
Personal Umbrella Policies are activated if there’s a home insurance claim, auto insurance claim or boat insurance claim that isn’t fully covered by your standard insurance policy. There are many instances in which a Personal Umbrella Insurance Policy can help you keep your head above water during a storm. It can help cover bodily injury liability, property damage liability, slander, libel, false arrest, malicious prosecution, shock or mental anguish.
Personal Umbrella Insurance in Spokane – A Real Life Scenario
A real life scenario of how a personal umbrella policy can help you – Say you’re involved in a large multi-vehicle accident that you are technically at fault for. Your full coverage auto policy covers $300,000 of the injuries. That’s great, except the accident caused $600,000 worth of injuries to those involved. Now, you’re on the hook for $300,000, whether you can pay it or not. This is why personal umbrella insurance policies can help you have peace of mind when you find yourself in the worst case scenario.
Personal Umbrella Policy Coverages
- An auto accident that left others injured.
- Injury to a person in your home due to a slip, fall, or dog bite.
- Crashing your boat into another boat.
- Your teen driver crashes their vehicle into someone’s home.
- False arrest.
- Invasion of privacy.
- Libel, slander, humiliation or defamation of another person.
How Much Does an Umbrella Insurance Policy Generally Cost?
Generally, a personal umbrella insurance policy is not considered expensive. Most umbrella insurance policy premiums are just a few hundred dollars a year. Depending on what you have covered on your standard insurance policy, you may be surprised just how little you have to pay. Plus, a standard umbrella insurance policy generally keeps you covered for at least $1,000,000, providing you with optimum protection.
Umbrella Insurance in Spokane, WA Can Help You Have Peace of Mind
You may be wondering, do I really need personal umbrella insurance? That answer truly is up to you, but the benefits of Personal Umbrella Insurance vastly outweigh the cons. Considering not only the financial impact debt can have on your livelihood, personal umbrella insurance also alleviates the emotional burden of being held liable for an accident. Personal Umbrella Insurance in Spokane provides protection for you and your loved ones to live the life you’ve worked so hard to build.
Our Independent Insurance Agents at Associated Agents Group can help tailor a personal umbrella insurance policy designed to give you the utmost protection and peace of mind. We’ll help you understand what it covers and just how it affects you moving forward. As your partner in coverage, we’ll get to know you personally so we can understand your lifestyle, risks and concerns, so we can provide you with peace of mind and confidence while navigating the complexities of life. Get in touch with us today at 509-928-7528, fill out the form, or learn more about our personal insurance services today.
