Umbrella Insurance in Houston Texas!
Find information about personal liability insurance in Houston, Texas
Liability Texas insurance offers coverage outside your home or auto policy by adding an additional layer of liability coverage. The umbrella (liability) insurance Coverage is offered in amounts of $1,000,000 increments. Umbrella insurance also covers conditions that might not be covered by a different policy such as slander or libel.
The umbrella insurance coverage begins where your existing coverage ends, up to the amount of the umbrella insurance obtained.
Personal Umbrella Insurance Covers:
- Operating vehicles, including cars, motorcycles, and most watercraft
- Losses involving property covered by your basic Texas homeowners insurance policy.
- Events alleging slander, libel, and invasion of privacy.
- Business liability coverage is provided only if covered by your active Texas home insurance policy.
How far will your current protection really go to protect you?
Say you're at fault in an auto accident that causes serious injuries to the driver or passengers in the car you hit. Your auto insurance has liability limits of $100,000 per person and $300,000 per accident. Which are pretty common limits, for a Texas auto insurance policy.
How far do you think $100,000 will go, particularly if the person or persons involved suffer injuries that keep he/she/them from working for months, even years? The accident victims could sue you for their medical bills, lost income, even pain and suffering. In this scenario, $100,000 is not nearly enough coverage.
What happens if you are hit with a judgment in the case of $250,000 for one person involved in the accident? Your auto liability insurance will cover the first $100,000 and you are stuck with paying the rest. And that doesn't even include the legal fees you have to pay to your attorney.
In addition, in some cases, you might have to pay all or part of the legal fees for the other party as well.
Umbrella insurance provides coverage for these rainy days. While it may seem unnecessary, it really isnt. Particularly for people with homes and other significant assets to protect.
Do you really want to hand over your house to someone you injure in an auto accident? It could happen, but it doesn't have to!