Sometimes, you just need to cover all your bases or add some extra coverage above and beyond standard policies. Thankfully, there is umbrella insurance. Umbrella insurance is exactly what you expect it to be—a little coverage over your head in the event of a storm (which often happens in life). And because life can be unpredictable at times, you want to make sure that everything is covered to the fullest that is appropriate for you and your needs.

At Thompson Insurance Services in Highland Village, TX, servicing Texas, Arizona, and Nevada, we understand the need for something dependable that goes more than just standard coverage, and we can help you explore your coverage options. Just because the likelihood that you find yourself in a drastic scenario, it is never impossible. And with the ever-changing world we live in, it can be comforting to know that you are protected when life throws a wrench in the mix.

Umbrella insurance policies can be greatly beneficial. Speaking with a Thompson Insurance Services agent can help you find out if you would be best served by getting an umbrella insurance policy. Here are some of the benefits of umbrella policies:

Extending Coverage:

• Property damage: in the event of extensive damage to your car or home in an accident or disaster, your standard insurance policy may not cover the liability or the cost of repairs
• Bodily injury: homeowner’s insurance can be exhausted quickly if there is a serious injury to you, your family, or any guests on the property
• Landlord liability: if you own property and rent it out to tenants, you can be held liable for any injuries they sustain on the property. Umbrella insurance can protect you against the extensiveness of your liability

Legal Coverage:

• Slander/Libel: umbrella insurance can help you cover liability if there is litigation against you for any abusive or implicating statements made to another individual in terms of their character
• Malicious Prosecution/Intention lawsuit: umbrella insurance can help financially if you find yourself in a pickle with a case against you for malicious prosecution

Covering Others:

• Animal attack: If your dog, cat, or other household pet seriously harms another individual, umbrella insurance can help cover you from paying everything out of pocket
• Harm to another: any physical altercations or well-intended acts gone wrong (food poisoning, allergic reaction, etc.) can be covered with the help of umbrella insurance
• Serious automobile situations: if there is a major accident, and you are at fault, umbrella insurance can help cover all harmed parties, or if someone under your care is arrested for driving under the influence, umbrella insurance can be helpful

 While umbrella insurance is by no means (or rarely) required to have, it is a nice little supplement to existing policies. When life hands you lemons, we here at Thompson Insurance Services want to help you make lemonade. Umbrella coverage is handy to have in your back pocket if you find yourself in a sticky situation and your standard policy does not quite cover everything.

If you currently have an umbrella policy, it can be helpful to find out the exact extent of coverage. Your present umbrella insurance may not cover everything you need or want it to protect in the event of an emergency. If you find that your policy is not a good fit anymore, it may be time to update your coverage.

To find out more about umbrella insurance or to find the right policy for you, please do not hesitate to contact us at Thompson Insurance Services in Highland Village, TX. We service the states of Texas, Arizona, and Nevada, and are here to answer any questions you may have about umbrella insurance. One of our agents can help you explore coverage options and find the best policy for you.