Umbrella insurance from T.D. McNeil Insurance Services is a type of insurance policy that provides additional liability coverage beyond the limits of your existing policies. It’s designed to protect you from unexpected events here in the Folsom, CA area that could put you at risk for a lawsuit or costly judgment.
Who needs umbrella insurance?
The answer is simple – anyone who has assets they want to protect should consider adding umbrella coverage. This includes homeowners, business owners, professionals, and anyone liable for a claim over $1 million dollars. Umbrella insurance can help you cover the costs associated with litigation, settlements, and legal fees in the event of an accident or injury caused by you or someone in your household.
Umbrella coverage also covers claims that may not be covered by your existing policies, such as libel, slander, or false arrest. So even if you don’t consider yourself “high-risk” when it comes to liability claims, adding umbrella insurance can provide much-needed protection for your assets and peace of mind in the event of an unfortunate incident.
Umbrella policies are usually purchased in increments of $1 million and can range anywhere from $100 to a few thousand dollars per year, depending on your risk profile. Before purchasing an umbrella policy, thoroughly review the coverage offered by your existing insurance policies and make sure all gaps in coverage are filled.
Reach Out To Us
For more information on umbrella insurance, give us at T.D. McNeil Insurance Services a call today. We are proud to serve the Folsom, CA area and would be happy to help you find a policy that meets your needs and your budget. So don’t wait! Give us a call today.