What Umbrella Insurance Policies Cover?

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Nevada Insurance Enrollment Explains Umbrella Insurance: It's Not Just for the Wealthy

LAS VEGAS - eTradeWire -- There's a big misconception that if you're a high earner with extensive assets, then you obviously will need a robust insurance policy with high liability limits, but if you have a modest income with only your home and vehicle to your name, then the liability insurance included in your auto insurance and homeowners insurance policy is enough.

That is not the case. You don't need to be wealthy to find yourself being sued for far more than your net worth. Umbrella policies are designed to provide extra liability protection for the unexpected, regardless of your income and assets, to protect your assets, and future income.

Why Do You Need Umbrella Insurance?

Life is unpredictable. Your generally friendly dog bites a stranger and causes an injury or emotional trauma.  Your child posts something that is considered libel on a social media platform.  You own a rental home and your tenant's dog causes an injury and you're being held legally responsible for injuries. You are walking down the street, accidentally bump into someone causing them to fall causing injuries.  These are just a few scenarios in which the liability coverage included in your homeowners or auto insurance policy may not provide enough coverage.

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Read the full article: https://www.nevadainsuranceenrollment.com/what-umbrella-insurance-policies-cover/

Learn more: https://www.nevadainsuranceenrollment.com/auto-insurance-las-vegas-nevada/

Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com

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Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment
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