Many residents in Quinlan, TX and across the state frequently inquire about umbrella insurance and if such coverage would be a worthwhile investmewhether.
Umbrella insurance is merely a layer of protection to your existing liability coverage that could be indispensable in certain situations. This extra insurance kicks in once the current limits of your home or vehicle policy have been reached, offering coverage for claims that exceed the limits of standard liability policies for auto, homeowner, or landlord insurance.
Umbrella Insurance Coverage in Texas
Umbrella insurance provides coverage for several situations beyond bodily injury liability. When you contact our agents at Slaughter Insurance Agency, we can discuss what umbrella insurance covers and whether the extra coverage would benefit your circumstances.
Requirements for Umbrella Insurance in Quinlan, TX
Umbrella insurance is not mandatory in Texas and is entirely optional.
Benefits of Umbrella Insurance
Providing extra protection for coverage exceeding liability policy limits for damages and injuries to others, umbrella insurance may be a sensible choice, especially for individuals with an expansive portfolio of financial assets. Those with homeowners, auto, or other insurance with higher limits than minimum coverage requirements may not find umbrella insurance necessary. However, many individuals value the peace of mind extra coverage provides, irrespective of their existing insurance coverage.
Contact Slaughter Insurance Agency
At Slaughter Insurance Agency, we demystify the complexities of what, why, and when you need umbrella insurance. Contact our agents and let us guide you in making the right decision about your coverage needs.
