Sometimes life happens and what you originally
plan for is not enough. What happens when losses and damages exceed
the amount of your current liability limit? Luckily, there’s Umbrella insurance for
that. Let’s say you’re held liable for causing
a car accident with multiple vehicles, and the damage’s and medical expenses are over $400,000. However, the liability limits on your auto
policy is only $100,000. With Umbrella, you can extend your liability
limits beyond your current limit, so you wouldn’t need to pay the rest out of your own pocket. And there you have it,
Umbrella Insurance explained in 60 seconds.