Umbrella Insurance in Dallas, TX
When it comes to managing your assets, standard insurance may not be enough after a serious incident for which you’re responsible. Umbrella insurance is a type of excess liability coverage that can step in when the liability limits of your other insurance policies have been exhausted. If you’re faced with a major claim or lawsuit, an umbrella policy can help cover excess legal fees, third-party medical expenses and damages awarded in a lawsuit.
Types of Umbrella Insurance
An umbrella policy can be available for both businesses and individuals:
Commercial umbrella insurance may cover costs that go beyond your business’s existing liability coverages. It can help with claims related to libel, reputational harm, vehicle accidents, product liability or customer injuries.
Personal umbrella insurance can extend liability coverage beyond your auto, homeowners or boat insurance. It may help with large claims involving injuries, property damage, certain lawsuits or personal liability situations.
Should I Get This Policy?
- You may consider this policy if you:
- Own property, vehicles or rental units
- Have significant savings or assets
- Host guests or events at home or work
- Run a business with employees or public interaction
- Face potential exposure to lawsuits or large claims
What Are Its Benefits?
- This policy may offer advantages, such as:
- Broader coverage. It can include liability claims not covered by other policies.
- Higher limits. It may extend beyond your current insurance to help manage large or unexpected claims.
- Cost efficiency. It can be a budget-friendly way to increase your overall liability coverage.
How We Help Texas Clients
At Auto Pilot Insurance, we match coverage options to your budget and specific needs. Contact us today to request a free custom quote.