Who Needs Personal Umbrella Insurance?
You do! Contrary to popular belief, Personal Umbrella Insurance policies are not just for the wealthy. At Rinehart Insurance, we recommend that everyone should consider carrying a Personal Umbrella Insurance policy. If you are engaged in a high-risk activity or hobby that increases your odds of getting sued (such as having a teenage driver, owning a swimming pool or entertaining frequently), it is wise to supplement your insurance with a Personal Umbrella insurance policy.
Personal Umbrella Insurance is designed to protect you, your family and your assets in the event of a large legal judgment, even if you are not at fault. Legal fees alone are enough to put a family in financial ruin. Basic insurance policies, such as auto and homeowners insurance, provide Liability Insurance but the limit may not be high enough. Don’t be a target of a lawsuit that can cost you millions of dollars and put you at risk of losing everything you own. Personal Umbrella Insurance Policy limits are available from one million dollars and up, and Rinehart Insurance will help you with the protection you need to prevent the loss of your personal assets.
Contact us to learn more about personal insurance options.