Personal Umbrella Insurance Agency In Western MA
A major claim, or lawsuit, could cause personal financial loss if the costs surpass your coverage. We can help you find the right policy to make sure your covered beyond your standard home and auto insurance.
An extra layer of protection.
Umbrella insurance has an interesting name but is a simple concept. Most often, umbrella insurance an additional policy to cover expenses that exceed either your auto insurance or homeowners insurance policy.
Focused mostly on liability.
Umbrella insurance is about liability, which is the risk that you may be held responsible for an unfortunate event, or accident. It usually doesn’t cover losses you incur yourself, such as if your property is damaged or stolen.
Useful when your main policy limits aren’t enough.
Umbrella insurance is necessary when your main policy has liability coverage limits that are too low for your specific needs. Umbrella insurance pays out only when your other policy has paid out in full, and only pays out the remainder.
How does umbrella insurance work?
If your auto insurance policy covers liability up to $400,000 but you are held responsible for an incident that leaves another driver with medical bills of $450,000, your main policy will pay out all of its covered $400,000, and your umbrella insurance policy will cover the remaining $50,000.
Is umbrella coverage right for you?
An umbrella insurance policy can be cheaper than you might think. It may cover the overages of large potential payouts. However, the premium usually reflects the reduced risk that the policy will be needed, due to coverage by your main insurance.
We can help you decide which policy is best for your situation. Our representatives make the complex process of finding the right coverage easy to understand.
Pearson Wallace Insurance agents operate throughout New England and Massachusetts serving: South Boston, East Boston, Dorchester, Amherst, Pittsfield, Southern Berkshire County, Sheffield, Great Barrington, Lee, Lenox, Stockbridge, West Stockbridge and all towns and cities in Western MA.