Auto, home, and other forms of personal insurance protect policyholders against the financial impact of accidents and other events, though there are limits to the protection offered. Insurance policies identify the situations they cover and those they do not, and all policies limit the amount paid on a claim. The "policy limit" is usually high enough to cover most claims, but unusually high claims can exceed the policy limit, with the policyholder left responsible for the difference. Umbrella insurance helps solve that problem, so if you have questions about umbrella or other insurance types, contact our RH Worthington Group team, serving the Milford, PA, area.

Covering Your Potential Liabilities

Most auto accidents are relatively minor. Those involved walk away from the accident and have their vehicles repaired, all covered by their insurance policies. However, if you are involved in accidents causing serious injuries or death, you could face a situation where the liabilities exceed your auto policy claim limits. In those situations, you are responsible for the liabilities exceeding the policy limits, which can put your home, savings, and other assets at risk.

Umbrella insurance handles the situation by paying the liabilities that exceed your base policy limits. Since these situations are relatively few, umbrella insurance activates in a limited number of instances, and since umbrella payouts are infrequent, umbrella insurance premiums are low. This means you can affordably protect against the worst-case scenario and gain an extra layer of protection and the peace of mind that comes with it.

Get The RH Worthington Group Difference

Contact the RH Worthington Group team serving the Milford, PA, area to discuss how umbrella insurance can protect your family or business. Call (570) 409-4900 today to schedule an appointment or stop in the office.