California Umbrella Insurance

As hard as you may try, you can’t prepare for every crisis. You already know that, which is why you’ve got the best insurance coverage for your family and home that you can afford. You’re willing to take every precaution to make sure you can recover from any accident, storm, or theft. You know exactly how unpredictable life can be.

Have you thought about what would happen if an accident was bigger than your insurance policy could handle? Do you have protection from the things no one can ever predict? It might sound impossible that anything can cover you from that kind of disaster but that’s only because you don’t have a California umbrella insurance policy in place.

What is a California umbrella insurance policy, and how does it work?

An umbrella insurance policy is exactly what it sounds like - protection from the rain, except the rain is whatever major accident you couldn’t have predicted. It helps you when your  claim is bigger than your insurance policy limit allows.

For example, you may have an auto insurance policy with a $300,000 liability limit. If, unfortunately, you were at fault in a multi-car accident with several passengers, the bodily injury liability costs exceeded $500,000. Your auto insurance policy will pay up to the policy limit. But that means you’re on the hook for $200,000.

Do you have that kind of money available to pay after an accident? Probably not, not without emptying college or retirement funds. One bad accident can ruin you financially, but it doesn’t have to.

When you have a California umbrella insurance policy, it picks up where your standard insurance policy ends. That extra $200,000 in your hypothetical auto accident would be paid by your umbrella policy, up to the policy limits you choose. Because umbrella insurance policies are fairly inexpensive, it makes sense to buy the biggest policy you can afford because you never know how much you’ll need.

Here at Partee Insurance, we’re ready to help you choose a California umbrella insurance policy that can help you weather whatever life throws at you. You’ll have peace of mind that even the things you can’t predict won’t financially ruin you and your family. Give us a call today and let’s talk about how we can help you protect what matters most.