Despite best intentions, often times accidents are beyond your control. Which is the reason that having a sizeable umbrella policy as a back stop makes very good sense. If you are concerned about the cost, increase your deductible to offset the cost to amply Personal Liability Insurance.
Here are the top 4 reasons to have a large umbrella policy:
1) A teenage or youthful driver in the house – everyone is distracted today with texting, and phone use, but teenagers are the most distracted and this an issue with inexperienced drivers
2) A swimming pool – even with proper fencing a pool is a major exposure
3) Nonprofit or Volunteer activity – from coach to board member, you never can fully control this exposure with the best of intentions
4) A dog – even the safest of breeds represents an exposure
There is a long list of exposures that suggests an umbrella policy. Take a moment to go thru the list.
If you need help in identifying your individual and family exposures contact Kyle at Shepard Insurance: 203-637-6655 or email firstname.lastname@example.org
Kyle’s extensive sales and account management expertise transcends both Commercial and Personal Lines. Coupling that with his finance and life insurance licenses, Kyle serves as full service insurance agent for all of his valued clients. The goal for Kyle is to provide tailored risk management to address his client’s current and future exposures, and to optimize wealth preservation.