Umbrella Insurance in Texas
When it comes up in discussion, many of our clients at the Eichelmann Insurance Agency have never heard of umbrella insurance coverage. This is a shame, as having this type of policy can help protect your family's financial well-being in the event of an unexpected catastrophe. The truth is that this type of coverage is extremely vital for some Texas residents who have a higher than normal chance of a major liability claim happening.
Umbrella Policies Eliminate Excess Liability Risk
Umbrella insurance acts as an extension of liability coverage for your normal home, auto, and business insurance policies. This means that if you ever have a catastrophic claim that took up your entire liability limit, the umbrella policy would take care of anything above that figure up to a set amount. It is designed to help protect your financial well-being in the event of a very, very serious liability situation.
Who is a Good Candidate for Umbrella Insurance?
Good candidates for umbrella insurance include basically anyone who has a higher than normal chance of a claim happening. This includes small business owners, parents of teenage drivers, and those who own multiple rental policies. Umbrella coverage is also advised for anyone who has a mid-level or higher income that could be targeted if a catastrophic claim ever occurs.
Why Work with an Independent Agency?
As independent insurance agents, we work with multiple carriers instead of just one. This allows us to tailor our process to your needs and find you the maximum amount of coverage at the most affordable price.
Learn more about umbrella insurance coverage today. Please contact our team for further information or a no-obligation quote.