What Is Umbrella Insurance?

Umbrella insurance is a type of coverage, unlike most other insurance. It is a type of policy that can only be obtained when other policies are already in place. The umbrella policy adds coverage to the other policies, giving you much better coverage against accidents and liability. When you need more home and auto liability, call us at The Slocum Agency Inc. in Warwick, RI to find out more about umbrella coverage. 

Adding to Your Coverage

You may not think you need more coverage in those areas when you have a reliable home and an auto policy. However, you likely do need more coverage to add to the liability insurance that you’re carrying. Your home and auto policies will carry some of this coverage, but they rarely have enough if an accident is serious and results in multiple injuries. When you add umbrella insurance to your home and auto policies, you simultaneously obtain extra liability for both policies. This keeps you much better protected. 

How It Works

Umbrella insurance is a secondary type of insurance covering what the first policy doesn’t. When there has been an accident with injuries or other damages, your auto or home policy will come in and pay for the accident. However, when that policy runs out, there may still be money left that you have to pay. That’s when the umbrella policy comes in to pay for those leftover charges. With this policy, you are very well protected against charges. 

Get Your Umbrella Policy

To get an umbrella policy that will protect you better than your aunt and home policies alone, call us at The Slocum Agency Inc. in Warwick, RI.