When shopping for insurance, whether it is for your home, automobile, or even your business, you may be quite confused. There are so many different plans, with different costs, making it even harder to choose. 

You may also be given the option to add umbrella insurance to your plan. You may be wondering exactly what it is. 

Personal umbrella insurance will go above and beyond your normal insurance plan. You can’t get umbrella insurance by itself. Instead, it works with your insurance to give you extra coverage. 

Since most plans have a limit to how much they will pay, you may want to look into an umbrella plan. Once the cost to repair your home or your medical bills get to a certain point, your insurance won’t have to cover anything else. If you can’t afford to spend an extra few thousand dollars if your car is totaled or your home needs major repairs, you may want the extra protection that you get from an umbrella plan. 

Those that have expensive property, such as art and jewelry, may also want to take an umbrella policy out on them. If someone breaks into your home and takes your property, your homeowner’s insurance may only cover so much when it comes to replacing your possessions. It may not cover the ten thousand dollar necklace that you love so much! 

Umbrella insurance is just some extra insurance to make sure that you are covered, just in case. It will cover extra medical bills or property damage once your regular insurance reaches the limit.

If you are unsure about whether you need umbrella insurance, you should speak to a professional. Here at Dune Lakes Insurance in Inlet Beach, FL, we would be glad to talk to you about your needs.