Umbrella insurance offers numerous advantages. At Sump Insurance, we are happy to provide Clarinda, IA residents with all of the tools they need to make the right choices. To learn more about the benefits of umbrella insurance and the necessity of obtaining these policies, please take a moment to check out the following guide.

Lawsuit Protection

In this day and age, it is fair to see that people have never been more litigious. You may be under the belief that you will never get nailed with a frivolous lawsuit, but once that day comes? Umbrella insurance is going to be your best friend. These policies provide the necessary protection to ensure you are not left holding the bag for costly lawsuits.

Auto Accident Protection

Auto accidents are all too common, and without umbrella insurance coverage, more of your assets could be at risk than necessary. Let’s say that a significant auto accident takes place, and you are the one who is deemed responsible for it. All the assets you hold dear could be left at risk if you do not have umbrella insurance. The damage may very well exceed the coverage you currently have on hand.

Pet Related Incidents

We all think a lawsuit won’t occur. You never feel a pet would cause injuries or damage to the home. In many instances, the victim will file a lawsuit that could prove quite costly. Since many basic insurance policies do not cover these concerns, umbrella insurance policies become more important in these instances.

Sump Insurance is here to help Clarinda, IA residents who want to learn more about umbrella insurance policies. If you have any additional questions, pick up the phone and give us a call. You are also welcome to stop by and speak with our experienced insurance brokers directly.

Clarifying Umbrella Insurance: Insights from Sump Insurance

Umbrella insurance can prove to be exceptionally beneficial, providing your home, business, or vehicle in Clarinda, IA, with extra liability coverage. This coverage might become indispensable if you ever find yourself facing a lawsuit. Typically, it covers damages, injuries, and specific types of harm like libel. At this point, you may wonder if it can be procured separately or must be appended to another policy.

How to Secure Umbrella Coverage

Umbrella insurance is typically sold as a standalone policy but mandates at least one underlying type of insurance. This could be a home, condo, renters, commercial, or automotive policy. The foundational insurance must offer enough liability coverage to qualify for an umbrella policy, potentially necessitating an upgrade to a basic plan.

Are There Options to Shop Around?

While procuring an umbrella policy, you are not necessarily tied to your existing insurance provider for non-umbrella coverage. You have the flexibility to purchase umbrella insurance from a different carrier. However, certain insurers might require that the primary auto, renters, or home coverage be obtained from them.

When purchasing umbrella insurance, you may even consider switching insurance carriers altogether. Partnering with an independent agency like Sump Insurance can help distinguish whether leveraging the same carrier, embracing a different insurer or combining two varied carriers would be most beneficial.

Choose Sump Insurance for Your Coverage Needs

Based in Clarinda, IA, Sump Insurance has over two decades of robust experience in the insurance sector. We independently provide policies from 10+ reputable carriers. Our clients also enjoy premium local customer service and various coverage options. In addition to umbrella policies, we offer medical, commercial, home, life, crop, and car insurance. For a free quote, do not hesitate to call us at 712-542-5555.

There are many different types of insurance coverage, and a single insurance policy often has several types of coverage in it. One of these types is liability coverage. When you have a home insurance policy and an auto insurance policy, each of these has a set amount of liability coverage. This protects you in case of accidents that you’re liable for. You need plenty of this coverage to protect yourself against lawsuits and huge medical bills.

Getting umbrella insurance is a great way to add more liability onto your home policy as well as your auto policy. To get your policy, call us at Sump Insurance in Clarinda, IA. 

More Liability Coverage

When you have an umbrella policy, it supplements the amount of liability insurance that you already have. If you were to add more of this coverage to your auto and home policies, it could cost you a lot. Many people would be unable to afford to add a lot more liability coverage to both of these policies. However, getting an umbrella policy does this and comes with a small price tag. It gives you an enormous amount of liability coverage for both of your other policies. It’s a great way to be much better protected in case of accidents. 

High Maximum

Without an umbrella policy, you may have to face overages once your home or auto policy has maxed out. When you have an umbrella insurance policy, it pays these overages. The home or auto policy pays out first, and then the umbrella policy comes in to pay anything that’s left over. This can save you many thousands of dollars in overages. 

Get an Umbrella Policy

If you want more liability protection, consider getting an umbrella policy. To get started, call us at Sump Insurance in Clarinda, IA.

Umbrella insurance is a highly beneficial Financial tool to help prevent losses due to liability that exceeds your home or commercial insurance protection. If you are in the market for an umbrella insurance policy or would like to learn more about this type of coverage, you can count on the professionals at Sump Insurance to provide support and services to the residents in and around Clarinda, IA.

Umbrella Insurance Protection 

Umbrella insurance is designed to cover liability that exceeds the limits of insurance currently in place. Businesses that are more likely to exceed the limits of their liability protection should invest in quality umbrella insurance. If you’re interested in learning more about this type of coverage, our highly knowledgeable insurance agents can work closely with you to explain the terms and conditions of each policy and help match you to coverage that meets your needs.

Our agents take the time to carefully assess your situation and determine what level of coverage works best for your business’s specific needs. In addition to helping secure coverage, we can support you with any changes to your policy during its lifetime or with submitting claims. It’s all a part of our commitment to exceptional customer service and our goal of providing you with insurance that offers peace of mind.

Reach Out Today 

If you would like to get answers to questions about umbrella insurance or any other insurance products we offer, don’t hesitate to contact Sump Insurance. We proudly provide quality insurance products to the residents in and around the Clarinda, IA area. Call or stop by our office today to schedule a consultation with one of our knowledgeable team members. Don’t wait to get the liability protection you need with umbrella insurance.