UMBRELLA COVERAGE

Umbrella Insurance is a crucial part of your insurance plan.

Would you have enough insurance to protect your assets if you were liable for someone else's bodily injury or death? Umbrella insurance is a liability policy that provides an additional limit of liability over and above your underlying liability limits already on your homeowners and auto insurance policies. Plan ahead for peace of mind; you will be prepared when life's unexpected events happen. Call us at 402-484-5454 to learn more and start your free consultation.

Insurance Protection in Illustration — Lincoln, NE — Advantage Insurance Agency

How Does Umbrella Insurance Work?

Umbrella Insurance is additional coverage that goes above and beyond to protect your assets when you are liable. For example, if you are responsible for causing a car accident involving numerous vehicles, the cost to cover injuries and damage is $850,000. However, the liability limits on your auto insurance policy are only $300,000.

In this example, your insurance would pay $300,000, and you would have to pay the remaining $550,000 out of your pocket! With an Umbrella policy, however, you could raise your liability limits above the maximum of your other policies. In this example, an Umbrella policy would provide liability above the $300,000 limit of your Auto policy, up to the limit you select for your Umbrella policy (generally anywhere from $1 million up to $5 million in coverage), so you wouldn't be left paying the remaining $550,000.

In this example, your insurance would pay $300,000, and you would have to pay the remaining $550,000 out of your pocket! With an Umbrella policy, however, you could raise your liability limits above the maximum of your other policies. In this example, an Umbrella policy would provide liability above the $300,000 limit of your Auto policy, up to the limit you select for your Umbrella policy (generally anywhere from $1 million up to $5 million in coverage), so you wouldn't be left paying the remaining $550,000.

Other Instances Could Include:

  • your dog bites a neighbor's child
  • fire at your apartment spreads to other units
  • accident at your rental property
  • slip and falls on your property 

Umbrella Insurance Policies You Can Count On

When you contact a licensed and insured agent from Advantage Insurance Agency, you can rest assured knowing you have an experienced professional on your side. We're happy to discuss your personal and commercial needs so that you can utilize our insurance services to the fullest potential. We'll work closely to provide you with the right umbrella insurance and other policies.

Start A Quote

Why wait any longer? Request a free umbrella insurance quote by calling our expert insurance agents at 402-484-5454.