Umbrella Insurance Request a Quote It is common sense to have an auto, home or boat insurance policy that protects you and your assets. One of the most important ways that these policies protect you is against liability claims, and anyone who has been in a car accident can tell you that liability protection is one of the most important forms of auto coverage that you can have. Likewise, knowing you could be held responsible if someone slips and falls on your property is reason enough to purchase homeowners insurance with liability coverage.Unfortunately, the truth is that one major claim could easily surpass the limits of any standard liability policy. For example, if you are involved in an auto accident that results in serious damage or injury, claims amounts could surpass a standard $300,000 policy cap, leaving you responsible for the rest. Knowing how costly medical treatment and medications are—not to mention amounts owed for pain and suffering—it’s easy to see how one accident could cost you hundreds of thousands of dollars in damages and legal fees.The good news is that umbrella insurance protects you when other liability policies fall short. If you are deemed at-fault for injuries or property damage and have met the limits of your standard liability policy, umbrella insurance (which is also known as excess liability coverage) will kick in. If you are a landlord, excess liability protection also applies to your rental properties.It isn’t always easy to make sense of what liability coverage you have, what you need, what is covered and what is not. The agents at Karl Weidel Insurance apply their knowledge and industry expertise to ensure our clients have the most comprehensive insurance policy at the lowest possible premium. Contact us today to learn more about how our agency can help you. Call 609-599-2588 or fill out the form on this page.