Umbrella insurance is an important type of coverage to carry for consumers in Southgate, CA who want total financial protection. At ANA Insurance Brokerage Inc., we offer umbrella insurance policies.
Consumers need to be accurately informed about what umbrella insurance is. There is a lot of misinformation about umbrella insurance that consumers might come across.
The following are three pieces of misinformation out there about umbrella insurance:
Consumers need to have a minimum net worth to qualify for coverage.
Insurance providers generally do not have net worth requirements. The only requirements you need to meet to qualify for coverage are having adequate liability coverage on your primary insurance policies like your home and auto policies.
You have to own a home to qualify for umbrella insurance.
While owning a home can allow you to enjoy enhanced home insurance coverage with umbrella insurance, you don’t have to own a home to qualify.
Consumers who aren’t homeowners can use umbrella insurance to add to the coverage they get through their auto insurance and renter’s insurance policies.
An umbrella insurance policy will cover every liability risk you can possibly face.
While umbrella insurance does offer a wide scope of coverage, there are some scenarios in which umbrella insurance won’t cover you.
For example, your umbrella insurance won’t cover you if you face liability expenses as a result of an act that you committed intentionally. Umbrella insurance also won’t cover you for liabilities related to a business.
Consult With Us
Elevate your coverage to new heights! At ANA Insurance Brokerage Inc., our umbrella insurance provides extra protection when you need it most. Consumers in Southgate, CA can call us today for a policy quote!
