Protect your financial future with umbrella insurance if coverage costs exceed your limits during a claim.
Additional coverage for an extra layer of protection.
Umbrella insurance may have an unusual name, but its purpose is straightforward: it provides an extra layer of liability coverage for added financial protection. It’s typically purchased in addition to your existing auto, home, or even watercraft insurance policies.
Focuses primarily on liability claims.
Umbrella insurance focuses specifically on liability, meaning it covers the costs you might owe someone else if you’re held responsible for an accident or injury. It typically doesn’t cover losses you incur yourself, such as damage to your own property or belongings.
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Contact Chip Berry Insurance
Milford, OH Office
1077 OH-28 Ste 205,
Milford, OH 45150
Call: 513-444-2100
Email: cberry@berry-agency.com
Pays out when liability coverage limits are not enough.
You’d typically consider umbrella insurance if the liability coverage limits on your existing policies, like auto or home insurance, aren’t high enough to protect your assets. Umbrella insurance kicks in only after your primary policy has reached its limit, covering the remaining costs up to the umbrella policy’s limit.
How does umbrella insurance work?
Let’s say your auto insurance covers liability up to $500,000, but you’re in an accident where the other driver’s medical bills total $600,000. Your auto insurance would pay its full $500,000 limit, and then your umbrella insurance would cover the remaining $100,000, preventing you from having to pay that amount out of pocket.
How can you increase your personal liability limits?
Umbrella insurance acts as a safety net, providing additional coverage if a claim exceeds the limits of your existing auto, home, or watercraft insurance. Without it, you’d be personally responsible for covering those excess costs, which could potentially be financially devastating.
Who does an umbrella insurance policy cover?
Umbrella insurance often extends its protection to members of your family or household who live with you. However, it’s important to carefully review your specific policy to understand exactly who is covered. This ensures you have the right coverage tailored to your unique family situation.
Do you need umbrella insurance?
Umbrella insurance policies have their own coverage limit, but reaching that limit is less common. You might also be surprised at how affordable umbrella insurance can be. Although it covers potentially large payouts, the premiums are generally lower because the likelihood of needing to use the coverage is relatively low.
Looking to get additional protection for your and your family with top-tier umbrella insurance? Contact us to go over your unique needs and find the perfect umbrella insurance policy for you!
Step 1
Fill out the form.
Step 2
Review your options with us.
Step 3
Get the coverage you need.
Umbrella Insurance Quote Request
Don’t like forms? Contact us at 513-444-2100 or cberry@berry-agency.com.