Umbrella insurance provides additional protection for your assets. It serves as excess liability insurance, extending beyond the limits of your home, auto, or other liability policies.
If you are held responsible for damages or face a significant liability claim, umbrella insurance steps in to provide coverage beyond what your primary policies offer. It acts as a safeguard to protect your assets from potential financial burdens resulting from lawsuits or substantial claims.
Bear River Mutual provides umbrella policy limits of $1,000,000 and $2,000,000.
Example:
Let’s say you are involved in an automobile accident and are sued for $1,000,000 in damages. If your auto policy has a liability limit of $500,000, your umbrella policy would then come into play to cover the remaining $500,000.
Umbrella insurance acts as an additional layer of protection, filling the gap between the limits of your primary policies and the total amount of damages or claims you may face. It provides coverage for various liability situations, such as bodily injury, property damage, defamation, and more.
An umbrella policy can create peace of mind knowing that you have extra coverage to help safeguard your assets and protect you from potentially significant financial burdens resulting from lawsuits or serious claims.
If you have more questions, reach out to a Bear River Mutual Independent agent. They can help you understand if Umbrella Inurance is right for you and your circumstances.
If you already have an agent, you will see their contact information listed in your policy information on the customer portal.
To find an agent, you can use our search page. Simply enter in your zip code to find the independent agent closest to you!