Personal Umbrella Insurance in Georgia | The Oak Insurance Group
Your home and auto insurance policies provide liability coverage — but is it enough? If you’re sued after a serious accident, a standard policy’s liability limits can be exhausted quickly, leaving your personal assets at risk. A personal umbrella insurance policy provides an extra layer of liability protection that kicks in when your other policies reach their limits.
What Does Personal Umbrella Insurance Cover?
- Auto accidents — If you’re at fault in a serious accident and the damages exceed your auto policy limits, umbrella insurance covers the difference.
- Homeowner liability — If someone is injured on your property and sues you, umbrella insurance provides additional protection.
- Personal liability — Coverage for libel, slander, defamation, and other personal liability claims.
- Rental property liability — If you own rental properties, umbrella insurance can extend your liability coverage.
- Worldwide coverage — Most umbrella policies provide coverage for incidents that occur anywhere in the world.
Who Needs Personal Umbrella Insurance?
Personal umbrella insurance is especially important for high net worth individuals who have significant assets to protect. If you own a high-value home, have substantial savings or investments, own rental properties, or have a high income, you have more to lose in a lawsuit — and more reason to have umbrella insurance.
How Much Does Personal Umbrella Insurance Cost?
Personal umbrella insurance is surprisingly affordable. A $1 million umbrella policy typically costs between $150 and $300 per year. For the level of protection it provides, it’s one of the best values in insurance. Contact The Oak Insurance Group for a personalized quote.
Get a Personal Umbrella Insurance Quote in Georgia
Contact The Oak Insurance Group today to learn more about personal umbrella insurance and get a free quote. We serve clients throughout Atlanta, Sandy Springs, Buckhead, Alpharetta, and all of Georgia.