Personal Liability Insurance: What Happens When Someone Gets Hurt on Your Property

Most people don’t know much about umbrella insurance because they have never used it before. Umbrella insurance is a great way to protect your assets by adding a large amount of protection, with policies usually starting at $1 million. Understanding how umbrella insurance works and how it can help you with your other policies is important. Vargas & Vargas Insurance is proud to help Dorchester, MA individuals and small businesses get the protection they need.

Most people think of all their insurance policies separately, such as auto, home, commercial liability, and life insurance, among many others. Umbrella insurance is different because it can provide an umbrella over all those protections to provide even more complete protection. 

Most insurance policies have low limits. For instance, if you only carry the minimum amount of auto insurance required by law, your insurance will run out quickly if there is a severe accident and a victim spends a significant amount of time in the hospital. Without an umbrella policy, you are personally responsible for paying the rest.

You cannot have umbrella insurance without having an underlying insurance policy. Umbrella insurance kicks in when your other policy hits the maximum limit.

The good thing is that you can combine your other insurance policies into one umbrella policy. You cannot mix personal and commercial coverage, but you can have one personal and one commercial policy that adds protection to your other policies.

Umbrella insurance provides an easy, cost-effective way to get more protection. If you want to discuss your options, please call Vargas & Vargas Insurance today.