For most of us, protecting our families and our financial stability is a top priority. That’s why we end up buying multiple insurance policies to add an extra layer of protection. A great have for many parents, property owners, and businesspeople in Iowa is umbrella insurance. If you’re looking to learn more about umbrella insurance in Ankeny, IA, here is what you need to know.
Umbrella insurance is a type of personal liability insurance designed to cover claims that go above and beyond the regular home, boat, and auto insurance policies. As a result, the policy protects you and your entire family, including pets. It also covers what is not included in other policies, such as slander and libel.
It’s imperative to understand that you cannot use umbrella insurance independently. At Maschoff Insurance Agency LLC, we recommend buying a home, boat, and auto insurance before purchasing an umbrella policy to help you understand your insurance needs and requirements. With that said, umbrella insurance is only used when your standard policy is depleted. For instance, if you’re involved in an accident where your policy is not enough to cover property damage and injuries, your umbrella insurance will come in and top up the rest of the amount.
Yes. We all need umbrella insurance because we are all susceptible to lawsuits. If you’re a parent to a teenager, a wealthy senior, landlord, asset owner, or businessperson in Iowa, you may want to seriously consider buying adequate umbrella insurance to protect you from nasty, expensive lawsuits. The best part about the policy is that it’s all-around and all your liability problems as well as your family.
Looking to buy umbrella insurance in Ankeny, IA but not sure where to start? Maschoff Insurance Agency LLC has got you covered. Feel free to visit or call us, and we will be glad to answer all your questions and help you find an umbrella policy for you.
