Avoiding Financial Loss with a Personal Liability Insurance Umbrella Policy

Even though your homeowners/renters, boat and auto insurance policies include liability coverage, facing a lawsuit could lead to significant personal financial loss. Adding a personal liability umbrella policy may provide you with the extra insurance protection you need to protect your assets and financial future (future paychecks) if the unexpected happens.

Call For FREE Help (702) 898-0554

Post - Minimizing Your Financial Risk With A Personal Liability Insurance Umbrella

How a Personal Liability Umbrella Insurance Policy Protects You

Your liability insurance coverage is there to cover damages if you inadvertently cause harm to another person or their property. For example, if you bump into someone in public, and somehow they get hurt, your homeowners/renters liability insurance coverage could pay out for damages incurred. But many of these policies are limited to $100,000 or $300,000 which may only be a fraction of what is needed in the event you are liable. Even if you are found to be 1% liable, you are still liable. Same situation with an auto collision. If you are found to be “at fault” and the injured party’s medical bills are greater than your liability coverage, how are you going to pay for above and beyond your auto policy liability amounts? If you are found “at fault”, you are responsible for all their pain, suffering, lost wages, damages, and medical bills. Your assets and future wages are/can be exposed in the event of a judgement.

Get a Fast & Free Online Quote
Farmers Insurance ad - Auto Insurance Agency in North Las Vegas, Nevada

Unfortunately, your existing liability coverage may not be enough, leaving you vulnerable to financial hardship if a settlement exceeds your liability limits. A personal liability insurance umbrella policy helps to bridge that gap by providing much needed extra coverage. This coverage is generally very affordable, and in some cases, it covers things not included in your other policies. Minimum coverage starts at $1 million, and that coverage can be increased by increments of $1 million.

Getting Enough Liability Coverage with Nevada Insurance Enrollment

Talking to an insurance agent at Nevada Insurance Enrollment can help you identify weak points in your coverage and determine whether a personal liability umbrella policy is right for you. Contact us today to learn more.

Related Articles:

Auto Insurance: What Is an Umbrella Insurance Policy?

Auto Insurance | Underinsured / Uninsured Motorist

Auto Insurance/Property Damage. Do You Have Enough Coverage?

What Happens If I Don’t Have Enough Liability Coverage?

Read More: Auto Insurance in Las Vegas, Nevada

Call us for assistance

(702) 898-0554

Serving Las Vegas, Henderson, North Las Vegas and the entire state of Nevada

Three  Ways to Enroll

1).  Apply by Phone

(702) 898-0554

2).  Apply in Person

4260 W. Craig Road #150-A
North Las Vegas, NV 89032

3).  Online Quote

Path Image - Insurance is confusing

Search This Website

Enter a search term here

Generic filters
Exact matches only
Search in title
Search in content

Why Go Anywhere Else?

When you can have an experienced and caring professional guide you.

Insurance Quotes | Plans | Coverage
Nevada Insurance Enrollment small logo - Insurance Agency in Las Vegas, Nevada
Read why it’s smart to use an insurance agent

DISCLAIMER: It is important to note that the information contained herein is made general for the purpose of explanation.  You should consult your policy for exclusions or other language that may alter your policy.

Nevada Insurance Quotes

Serving Las Vegas, Henderson, North Las Vegas and the entire State of Nevada

Auto | Homeowners | Health | Life | Medicare | Funeral / Cremation | Group Health | Short Term | Dental & Vision | Travel Insurance

Authorized Agent for: Nevada Health Link, Anthem Blue Cross & Blue Shield, Sierra Health & Life, Health Plan of Nevada, Aetna, Prominence, Hometown Health, Ambetter/Silver Summit

Farmers Insurance – Shelly Rogers Agency in Las Vegas, Nevada