Category: Umbrella Insurance

The term "umbrella insurance" refers to extra liability insurance that offers a variety of coverage. While standard liability insurance is naturally limited, umbrella insurance surpasses many of those limitations. In turn, this provides the insured with a policy that branches out and covers more aspects of their lives.

There are two main types of umbrella insurance: Personal and Commercial

A personal umbrella insurance policy could potentially tackle homeowner’s and automobile coverage, while a commercial umbrella insurance policy involves business coverage.

There are several aspects to consider when you are shopping around for umbrella insurance. You will need to make sure that this type of coverage is the ideal coverage for you. If you are a business owner, commercial insurance can help you cover your employees, your property, and your business assets.

However, personal umbrella insurance is perfect for an individual in need of excess coverage, particularly someone with a net worth that is on the higher end. This can encompass a variety of legal troubles that may affect wealthy individuals more than anyone. These problems could be libel, slander, arrest under false pretenses, or invasion of privacy.

Get The Right Coverage Today

Midwest Professional Insurance in Kansas City, MO has insurance professionals waiting to assist you with getting the correct umbrella insurance policy. Whether you are looking for personal or commercial umbrella insurance, Midwest Professional Insurance can walk you through the steps of obtaining the correct policy for yourself.

If you are in the Kansas City, MO area, stop by the office to discuss this matter. If your income is suitable for an umbrella policy, the experts at Midwest Professional Insurance will work with you to make sure that your assets are covered, giving you the ultimate peace of mind.

Making sure that you have enough liability insurance can be tricky. How much is enough? With medical bills going up every day, it’s important to have a great deal of coverage so that you can make sure that those bills get paid after an accident. For many people, an umbrella insurance policy is a great way to make sure that they have enough protection. If you are interested in a policy, call us now at Midwest Professional Insurance.

Liability Coverage

Everyone needs to have liability coverage, which is especially true when you have an asset like a home or a car. If you have home and auto insurance policies already, you may assume that you have plenty of liability coverage. However, this may not be the case. Often, these policies come with small amounts of liability coverage in order to keep the price low. And, it can be very expensive to add liability coverage to those policies. The solution is to get an umbrella policy. These policies add more liability coverage to both of those insurance policies so that you are better covered. 

Two Insurance Steps

There are two steps involved when you use an umbrella policy to pay for an accident. The first step is for the home or auto policy to come in and pay what it can toward the medical bills that come from an accident. The second step is for the umbrella policy to pay what is left over after the first policy has paid as much as the policy allows. This ensures that there is no overage left for you to pay. And, the cost of umbrella insurance is low for the amount of coverage that you get. 

Get Your Umbrella Coverage

If you are interested in umbrella insurance, contact us at Midwest Professional Insurance.