Do You Need Umbrella Insurance?

Many people do not know much about umbrella insurance but that does not mean that it is not a good insurance to have in many situations. Before you say that you do not need to have it in Sandy, UT, you should consider everything that it can offer to you. These are just a few ways that umbrella insurance from Wasatch Preferred can be useful.

  • It can cover excess home and auto needs. If your home or vehicle is worth more than you can cover it with in insurance with a standard home or auto policy, umbrella insurance can cover the extra. It can cover the gaps in coverage because standard home and auto insurance can only go so far and if your home is worth more than that limit, it is a good back up coverage.
  • It provides extra liability insurance. If you like to have people over to your home all the time or you have a pool that people swim in, it is a good idea to have more liability insurance to protect you in the case of an accident on or in your property. Sometimes other insurance is not enough in these situations so it is good to have extra coverage.
  • It can protect your from slander and libel. If you are well known in the community, you may become the victim of something like this and you will want to have additional protection in place to help with the lawsuit, if needed.

Understanding how umbrella insurance works can be a game changer for many people. If you think that you may be in need of umbrella insurance, be sure to reach out to us here at Wasatch Preferred, serving Sandy, UT, today. We can run a free quote for you and even make sure the policy fits within your budget.