Indiana Umbrella Insurance Coverage

The Facts About Indiana & Ohio Umbrella Insurance

Umbrella insurance is one of those types of insurance that you hope you will never have to use. AAnderson Insurance Inc. offers Umbrella Insurance offers this optional coverage to residents in Indiana & Ohio and the adjacent areas. Umbrella insurance provides liability coverage when you are found legally at fault for bodily injuries or property damage. Reach out to our agents for a free policy review.

What Does Umbrella Insurance Cover?

Your auto and homeowners’ insurance contain basic liability coverage. The basic liability is a relatively modest amount given today’s settlements. Liability insurance coverage covers auto accidents when a person or persons are seriously injured or when a person suffers a serious injury at your home.

Given the medical costs today, $100,000 or $300,000 won’t cover your liability in the event of a serious accident that you are judged legally liable.

How Do I Determine How Much Coverage I Need?

Our trained insurance professionals will guide you. We suggest that you carry a policy whose limit exceeds the number of your assets (home, other real estate, stocks, bonds, IRA, 401(k) and cash).

The higher your income, the more you need to have a sufficient umbrella liability policy to help protect you against a possible future loss of income if you are held legally liable.

What Kinds of Situations Does Umbrella Insurance Cover?

Your umbrella insurance will cover you in the event of catastrophic (often unimaginable) types of accidents. Here are the kinds of situations you could face:

  • Serious injury due to a falling branch results in serious brain trauma to a child playing in your yard.
  • Multivehicle accidents on the Interstate where you are held legally liable when there are multiple injuries and several vehicles are total losses.
  • Umbrella insurance will pay the legal fees for your legal defense.

Call or visit AAnderson Insurance Inc. of Indiana & Ohio today for an umbrella insurance quote. We can help you get started on a policy and answer your questions.