Umbrella Insurance in Wisconsin
The standard insurance policies such as home and vehicle insurance offer enough protection. However, there are times when you need additional coverage, whether it is for your Wisconsin property, business or car. That is because you may face a loss that exceeds the limits of your usual coverage. Having umbrella insurance will give that extra protection when you find yourself in such a situation. AIA Insurance of Wisconsinexamines how this policy protects you from financial loss.
What Is Umbrella Insurance?
This is extra protection that covers beyond the limit of your standard insurance policy. For instance, say you get into a car accident where you are at fault, and the other party suffers injuries, and their car is damaged. Your standard policy will cover those damages up to a certain point. If the medical expenses and the cost to repair the vehicle exceed your coverage limit, umbrella insurance will protect you by covering the rest. Also, if you have a lovely fancy home with costly furniture and other contents, and you feel that your standard home insurance is not enough to protect you, you need to consider umbrella insurance.
Do You Need Umbrella Protection?
People with valuable and many assets need umbrella insurance. This is because, in most cases, their standard insurance will not cover them adequately. However, umbrella insurance is not just for the wealthy. If you live in Green Bay, WI, it is advisable to talk to an insurance professional who will help you evaluate your needs and give you recommendations. You may find that you can also benefit from an umbrella insurance policy.
If you feel that you do not have adequate insurance coverage and reside in Wisconsin, give us a call or drop by AIA Insurance of Wisconsin. Our knowledgeable agents in Green Bay, WI will answer any questions you have and help you determine what coverage suits your needs.