How Does Umbrella Insurance Work?

Having enough insurance coverage for all of your assets is important. It’s vital to have liability coverage for them, so you aren’t stuck footing someone else’s enormous medical bills. You might believe you have enough liability coverage if you already have home and auto insurance. However, that might not be the case. Many insurance policies of these types come with very little liability coverage, which can leave you vulnerable. You can get rid of that vulnerability with umbrella insurance. Call us at Robnett Integra Insurance Services in Brownwood, TX if you want to be better covered.

Home, Auto, and Umbrella Insurance

If you currently carry a home and auto policies, you still may not have enough liability coverage to pay for a severe accident. To correct this, you can get an umbrella policy to give you more liability coverage. It adds liability protection to both insurance policies, giving you much more coverage. Umbrella insurance is low cost and comes with very high maximums. It’s always better to be well-protected than to come up short later after an accident. 

Using Umbrella Insurance

Your umbrella insurance comes in after your home or auto insurance has paid what it can toward an accident. Medical bills can be surprisingly high, and your home or auto coverage may leave some leftover once the policy’s maximum is reached. That’s why umbrella insurance is so handy- it pays what is left over after that first policy has maxed out. This leaves you well-protected against your liability. 

Get Better Protection

Umbrella insurance is often the best answer to get more liability protection for a reasonable price. Call us today at Robnett Integra Insurance Services in Brownwood, TX to get your own umbrella policy.

4 Benefits of Umbrella Insurance

As the name suggests, umbrella insurance can save you during a rainy day. This coverage protects you when your typical liability coverages run out, leaving your assets on the line. Unfortunately, most people think that umbrella insurance is for the super-rich. This notion can’t be further from the truth. Umbrella insurance befits anyone earning a livelihood. 

Still not convinced that umbrella insurance is a worthy investment? Here are the advantages you enjoy when you purchase umbrella insurance from Robnett Integra Insurance Services.

It protects your assets

Assume you have been involved in a severe boating accident, injuring multiple persons. Having been deemed liable for the accident, you are expected to pay the ensuing medical and property damage costs amounting to $50,000. Unfortunately, your boat liability insurance limit is $10,000. 

If you cannot cover the difference of $40,000, your assets, including your boat and home, could be at stake. However, if you have umbrella insurance, it takes over where your boat insurance leaves off, protecting your assets. 

It protects you from liabilities not covered by other insurance coverages

The good thing about umbrella insurance is that it saves you against personal liabilities like libel, slander, false arrest, and malicious prosecution that aren’t covered by conventional insurance coverages. Besides, umbrella insurance covers legal costs, including attorney fees and settlement claims.

Provides peace of mind

Since we live in a litigious society, it may cause you sleepless nights, wondering who may be coming for your hard-earned assets. Thankfully, with umbrella insurance, you can rest easy, knowing that your assets are safe from all litigations.

It’s affordable

A popular myth is that umbrella insurance is damn expensive. However, umbrella insurance is quite affordable since it rides on other coverages. And the additional advantage is that it protects you against personal liability wherever you are in the world.

Umbrella insurance in Brownwood, TX

Umbrella insurance comes with the above advantages and many others. Would you like to get umbrella insurance coverage in Brownwood, TX? Please get in touch with Robnett Integra Insurance Services.

What Is Umbrella Insurance?

You may have heard the term "umbrella insurance" floating around from time to time, or maybe you have no idea what this term means. Umbrella insurance is essentially a way for you to get even more coverage on your policies. Learn the in’s and out’s of umbrella insurance with the experts from Robnett Integra Insurance Services to see how you can get covered in more ways than one!

What Does Umbrella Insurance Cover? 

First thing’s first, what is umbrella insurance? Umbrella insurance is a type of insurance coverage that provides you financial protection in areas where your other insurance policies may not provide protection. For example, maybe your home insurance, while providing protection, doesn’t offer coverage in certain areas. Umbrella insurance is designed to fill in the gaps your other policies leave open. Here are some areas in which umbrella insurance may provide coverage: 

  • Slander or libel
  • Mental trauma
  • Liability auto accident on the Brownwood, TX roads
  • Property damage
  • Injury

These are just some of the areas in which you can receive coverage from umbrella insurance. The specific amount and type of coverage you will receive will depend on the umbrella insurance policy you choose. To find out which policy is best for you, visit Robnett Integra Insurance Services for a consultation. 

Why Is Umbrella Insurance Important? 

Even if you have existing insurance policies like auto and home insurance, there may be gaps left in those policies that you are unaware of. Maybe your auto insurance will only pay a certain amount of financial coverage in the case of an accident. Think of it like this: would you rather have coverage that you never end up using or find yourself needing to be covered but armed with no financial protection?

Get Covered with Robnett Integra Insurance Services

To help you get the right amount of coverage and fill in those gaps, visit Robnett Integra Insurance Services. Our office serves the Brownwood, TX area. 

Common Questions About Umbrella Insurance

Do you have insurance but feel like your coverage does not meet all of your needs? At Robnett Integra Insurance Services, we want you to know all of your insurance options. We want you to feel like you’re fully protected and do not have to worry about insurance issues. This is where umbrella insurance comes into play. Many people do not even realize that they can add additional coverage to their current policies.

Here are a few common questions people have when they learn about umbrella insurance. We serve the community of Brownwood, TX with quality insurance services, so call us if you have any additional questions not covered below. 

Umbrella Insurance FAQs

How Exactly Does Umbrella Insurance Work?

It provides extra coverage “excess liability” beyond your basic coverage. You may need more coverage because you are at an increased risk compared to others. An umbrella policy will only come into effect if your basic limits are exceeded.

Who Would Need Extra Coverage?

Many people do not find themselves in situations where they need additional coverage beyond policy limits. However, if you do find yourself in need of the extra coverage and do not have it, there is not a thing you can do about it proactively. People who run a business, who are in the public eye, those who work in the medical field, or have a collection that is rare, may find that they may benefit from additional coverage. 

How Do I Get The Coverage I Need?

Call or come in for a consultation. We will be happy to discuss your unique coverage options and make sure that you are covered with exactly how much you need to protect your assets. 

Contact us at Robnett Integra Insurance Services for all of your insurance needs in and around Brownwood, TX.