Let us review your current insurance policies and make sure you are fully covered but not over insured!
If you were found negligent in someone’s injury or death, do you have enough coverage to protect your hard-earned assets? Life can be unpredictable at times and sometimes the worst can happen but don’t worry… Statz Agency has got your back!!
Umbrella policies are standalone liability policies that provides additional coverage above and beyond your liability limits on your home and auto insurance policies. Typical coverage is between $1M -$5M. Generally, these are very low cost policies starting out at about $150/year.
Think about this – let’s say your dog bites your neighbor’s child and they sue you for $1M but your homeowners’ policy covers $300,000. You will be stuck paying the other $700,000. That would and will bankrupt most people. The Umbrella policy steps in and pays that $700,000 for you.
You cannot put a price tag on piece of mind. Even if your premium was $300/yr, the insurance company is on the hook for at least $1,000,000. That is a tremendous value, and something that everyone should think about given the sue happy society we live in.
Statz Agency will help you keep your piece of mind and your assets. Let us review your current insurance policies and make sure you are fully covered but not over insured!