It’s 2019, and you don’t have umbrella coverage? Here, we cover all of the details.

Have you ever been caught in the rain without an umbrella? It’s never as fun or romantic as they make it look in the movies.

Similar to carrying around an umbrella, having umbrella insurance can provide an added layer of protection when life starts raining cats and dogs. Umbrella coverage is especially important for those who feel they run an extra risk of unforeseen liabilities. A personal umbrella policy can help protect you from large and potentially devastating events that go above and beyond the liability limits of your auto or homeowners insurance.

How do I know if I need umbrella coverage?

Here are a few “what if’s” in life that often benefit from additional liability coverage:

  • If you work with or coach children that aren’t your own.
  • If you own a pet or service animal. 
  • If you’re on the road a lot.
  • If you could be found personally liable for accusations made against another person, in either verbal or written statements. 

Do one or more relate? Then umbrella coverage could be ideal for you.

If you’re still not sure, ask your local agent if this type of insurance policy is right for you. 

What would my umbrella cover?

Umbrella insurance provides coverage for bodily injury, personal injury, and property damage where you are found legally liable.

With the help of your Rural Mutual Insurance agent, you will choose the monetary limit you want your umbrella to be able to cover. This means the additional liability coverage will protect you even after your initial auto or home coverage runs out, so you’ll never be caught in a situation without protection.

Here is an example of Umbrella Coverage:

about six months after Mary purchased umbrella coverage, she got in a car accident and was found at fault. The person Mary hit sued Mary and the claim was settled for $1,000,000. Mary paid her deductible, and her auto insurance policy covered 25% of the claim ($250,000). Mary’s umbrella policy covered the rest of the settlement ($750,000) at no additional cost her.

It’s guaranteed to rain this year, will you be covered with a personal umbrella policy? 

Contact your Rural Mutual Insurance agent to get a personalized umbrella coverage quote today.