Personal Umbrella Insurance

Understanding Personal Umbrella Insurance Policies

Whether you are involved in a serious auto accident resulting in expensive medical bills, or someone slips and falls on your property and is injured, you can quickly find yourself responsible for damages that far exceed the limits on your homeowners and auto insurance policies. And, a costly judgment is the last thing you want to worry about.

As your assets increase, so does your exposure to risk. When the unexpected happens, Kerxton Insurance Agency will stand behind you and your family. Our personal umbrella insurance offers an additional $1 to $5 million in insurance protection above your current homeowners and auto insurance policies to protect the things you’ve worked so hard for.

What is Personal Umbrella Insurance?

“Why do I need excess liability insurance when my homeowners and auto insurance policies have liability coverage? What exactly do personal umbrella insurance policies cover?” If you are sued and found to be at fault, your personal umbrella insurance policy will kick in to cover certain damages that exceed the limits on your homeowners and auto insurance policies.

Homeowners and auto insurance policies have a liability coverage limit (a point where the insurance company stops paying), which means any excess money owed must come out of your own pocket. And, if you are involved in an expensive liability claim or lawsuit, your underlying liability limits probably won’t be enough to cover the expenses.

Personal umbrella insurance covers you over and above your underlying liability coverage once their limits have been exhausted and helps protect you, your family and your assets from these types of claims.

Contact Kerxton Insurance

If you are interested in receiving a quote for a personal umbrella insurance policy, or if you have any questions regarding umbrella insurance, contact Kerxton Insurance today at 703-352-0030 or 888-KERXTON. We can help determine the amount of personal umbrella coverage you need to protect your assets and your family.