Many people have home and auto insurance. These are rather common policies, with various coverage types included in each. However, many home and auto policies don’t carry much liability protection. To increase your liability coverage, you can get an umbrella insurance policy. Contact Heimgartner Insurance Inc. in Sioux City, IA, to obtain insurance.

What Is Umbrella Insurance?

Umbrella insurance is a complementary policy that works alongside your home and auto policies. It increases the liability protection on both these policies simultaneously. In the event of an accident at your home or involving your vehicle, you could be left with significant damages to pay. If you lack adequate liability coverage, you would personally have to cover any outstanding expenses after your insurance policy has paid its share. These excess costs could be extreme, and you may need to sell off assets to cover them after a severe accident. When an accident occurs, the home or auto insurance comes into play, paying until it reaches its limit. Afterward, your umbrella insurance steps in to cover the balance.

Save Money With Umbrella Insurance

Umbrella policies have very high maximum payouts, but they don’t cost much. It’s significantly less expensive to get an umbrella insurance policy than adding it directly to your home and auto policies. This saves you money while giving you more robust protection against the high cost of medical bills if an accident happens.