If you’re the owner of a home and vehicle, you likely already have the right types of insurance coverage to protect them. When you have home and auto insurance, you can add to their liability by getting an umbrella insurance policy. This is important for protecting yourself against the high costs of accidents resulting in injuries and property damage. When you need umbrella insurance, give us a call at Craig Insurance Group in Raleigh, NC.

Understanding Home, Auto, and Umbrella Insurance

There are different kinds of coverage in each home and auto policy, including liability coverage. A home insurance policy has this in case someone has an accident in your home. Auto insurance has it in case of expenses after an accident. When you have umbrella insurance, it adds more liability coverage to both of these policies. You can have more liability for both at the same time for less than you’d pay to add more to each directly.

How Umbrella Insurance Works

Once there has been an accident, a few things will happen. The home policy or auto policy comes in first to assess the damages and pay for the resulting bills. However, these policies can only pay up to their maximum coverage amounts. It’s common for home and auto policies not to have enough liability coverage. When this happens, you would have to pay what’s left over after they have reached their maximums. That’s where umbrella insurance comes in. It will pay for the bills that are left over, so you don’t have to come up with what could be an enormous amount of money.

Secure Your Umbrella Insurance with Craig Insurance Group

If you need more liability coverage, contact Craig Insurance Group in Raleigh, NC, to start a policy.