Umbrella Insurance: A Simple Way to Expand Your Protection
Many people assume their home or auto insurance will cover them in any situation — but every policy has a limit. Once you hit that limit, any additional costs become your responsibility. In today’s world, legal expenses and injury claims can quickly add up, sometimes reaching millions of dollars.
Where Gaps Can Happen
If you’re involved in a serious accident, lawsuit, or liability claim and your policy limit is maxed out, your personal savings, investments, property, and even future income could be at risk.
How Umbrella Insurance Helps
Umbrella insurance adds an extra layer of liability protection above your existing home, auto, or even business policy limits. It’s cost-effective, flexible, and broad in scope.
One practical approach? Set your home and auto liability limits to $1 million, then use a single umbrella policy to extend coverage across:
- Multiple vehicles
- Your primary home
- Vacation or rental properties
- Certain business exposures
Rather than paying for higher limits on each policy individually, you can carry one umbrella policy that applies to all — often lowering your total premium while significantly increasing your coverage.
Why It’s Worth Considering
An umbrella policy offers:
- Millions in liability coverage for a modest cost
- One policy that applies across multiple assets
- Extra protection for life’s unexpected situations
Your Next Step
Umbrella insurance isn’t just for high-net-worth households — it’s for anyone who wants added peace of mind. For a relatively small investment, you can protect your finances and your future.
Contact Saxbee Insurance in Abbotsford today to see how an umbrella policy could work for you.
