Your home insurance policy offers a variety of protections, including liability coverage that can help cover legal costs if you are sued. This protection can be especially important if a guest is injured on your property or if your home features amenities such as a pool or trampoline that increase the risk of accidents.

However, standard liability coverage may not always be enough in the event of a major lawsuit. That is why many homeowners consider adding umbrella insurance. At Bogden Insurance Agency, servicing Berlin, CT, we help homeowners explore additional coverage options to better protect their assets.

What Is Umbrella Insurance?

Umbrella insurance is a type of policy that provides extra liability coverage beyond the limits of your home or auto insurance. If a claim exceeds the liability limits of your primary policy, umbrella insurance can help cover the remaining costs.

This added protection can help cover legal fees, medical expenses, and settlement costs, reducing the risk of high out-of-pocket costs.

How Much Liability Coverage Do You Need?

Determining how much liability coverage is enough depends on your financial situation. A common guideline is to carry enough liability insurance to match or exceed your total assets. This helps ensure your savings, property, and future income are protected in the event of a lawsuit.

An experienced insurance agent can review your policies and help you choose coverage limits that align with your needs.

Do You Need Umbrella Insurance?

Understanding when to add umbrella insurance can be challenging, especially if you are unsure about your current coverage. Homeowners with higher assets, increased liability risks, or concerns about lawsuits may benefit from this added layer of protection.

Speaking with an insurance professional can help you evaluate your situation and determine whether umbrella insurance is a good fit.

Get Started With Umbrella Coverage

If you are interested in increasing your liability protection, the team at Bogden Insurance Agency, servicing Berlin, CT, is here to help. As an independent agency, we work with multiple insurance carriers to find the right policy for your needs. Contact us today to learn more about your options.