Umbrella Insurance in Texas

You may have heard of umbrella insurance before without really learning much about it. Unfortunately, this essential coverage is something Texas businesses and individuals need to know about. You even need separate umbrella coverage for your business and your personal insurance – even if you operate your business from your home. At Allen Jones Insurance Agency in Seguin, TX, we want you to understand your insurance options, including why umbrella protection is so important.

What is Umbrella Insurance?

Umbrella insurance is a type of liability insurance that kicks in once you’ve exhausted the limits of other types of liability protection. These other types of liability insurance include things like auto liability, home liability, RV liability, and even boat liability insurance.

If you don’t have umbrella protection and get involved in, or worse, cause, a chain-reaction accident the size of Texas on I-10, you could be on the hook for damages and injuries to multiple cars that easily exceed the limits of your existing auto liability policy. That means you’ll have to come up with the cash to cover these costs through any means possible, including the total liquidation of your assets.

If you have umbrella insurance coverage, though, the umbrella coverage will come into play once you’ve reached the limit of your existing auto liability. Then you will be only on the hook for any damages awarded against you that go beyond the combined maximum values of your auto liability and umbrella liability (less any deductibles you have).

What to Look for in an Umbrella Insurance Policy?

At Allen Jones Insurance Agency in Seguin, TX, we work with you to help you determine how much umbrella protection you need and what would be an appropriate coverage amount for your needs and your comfort level. Our goal is always to make sure you have adequate protection for your peace of mind and the needs of the litigious world in which we live.