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Umbrella insurance is a type of supplemental liability coverage that plugs the gaps in your existing insurance policies and provides the utmost protection against the possibility — and costs — of liability for property damage or injuries caused by you or a family member. It can be tricky to understand because it works in tandem with existing policies. To help you get a firm handle on the topic, Integrity Insurance Solutions in San Marcos, TX, encourages you to speak with an agent you trust. Below, they list some questions to ask that agent about umbrella insurance.

3 Questions to Ask Your Insurance Agent

1. Do You Need More Base Coverage?

Because umbrella insurance only works in tandem with other types of coverage, you must already have business, home, or auto insurance with liability protection. Moreover, to keep the umbrella policy affordable, many insurers require you to have a minimum amount of the base coverage. For instance, an umbrella policy with a $1 million limit may require you to carry at least $300,000 worth of home insurance, after which the umbrella policy covers the difference. Ask your agent how much base coverage you need.

2. Does Umbrella Insurance Cover Your Dog Breed?

Umbrella insurance in San Marcos, TXYour homeowners insurance policy covers the costs of damages — up to a limit — if your dog bites someone. Umbrella insurance raises that limit, but some insurers exclude certain breeds of dogs. If you have a large or “aggressive” dog breed, ask your agent if the insurer includes it on an exclusion list.

3. Does Umbrella Insurance Apply to Professional Responsibility Coverage?

If you run a professional corporation — such as a medical practice, CPA, or law firm — mistakes can have costly consequences that exceed the limit of your business liability coverage. Ask your agent if you can buy an umbrella policy that applies to your professional liability or malpractice insurance. This additional protection offers considerable peace of mind.

Umbrella insurance offers a second level of protection against liability and ensures your assets are secure in the event of an unfortunate incident. To learn more and discuss your options, contact Integrity Insurance Solutions. They are a premier independent insurance agency in Hays County and can search through their broad network of providers to find you the best, most affordable policy. Visit their website to request an insurance quote, or call (512) 396-2211 to speak with a helpful, experienced agent.

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