What Can Umbrella Insurance Do for You?

Having strong insurance coverage means more than just protection. It also means peace of mind. If you’re in the Clarkston, MI area and you need good coverage, an umbrella insurance policy from The Ryan Insurance Agency could be just what you’re looking for. Even if you already have good policies on your home, auto, and other areas of your life, having an umbrella policy could help you get the extra level of protection you want. A lot of people who own businesses or have significant assets choose these kinds of policies. Still, you don’t need to fall into those categories to benefit from extra insurance coverage.

An umbrella policy can provide that for anyone who wants another layer of liability over and above the limits of their other policies. If you have a claim on any of your policies and reach your claim limit, there will be additional insurance that can help protect you and the people and things that matter most in your life. By working with a trusted agent, you can ask about the benefits of these policies and get all your important questions answered. Our team can help you make great decisions about your future insurance needs.

Reach out to us today at The Ryan Insurance Agency, and let’s talk about umbrella insurance options for your lifestyle and goals. If you’re in or around the Clarkston, MI area, we’re here to help you get the coverage that best fits your needs. You don’t have to settle for less than that or worry about whether you’re fully covered in the event of a claim. Instead, you can work with us to create a level of coverage that will provide you with important security, so you can get back to living your life.

Should I get an umbrella insurance policy?

For anyone that lives in the Clarkston, MI area, having proper personal insurance coverage is always very important. One form of insurance that you need to consider is personal liability insurance coverage. While you will have some coverage through your auto and home insurance policies, a lot of people would benefit from having more coverage. If you believe that you need more liability coverage, you should consider getting an umbrella insurance policy. There are several situations when you should get this form of coverage.

When You Want More Coverage

A situation when you should get an umbrella insurance policy is when you want more coverage. If you have a home and auto insurance policy in place, you are going to have a decent amount of liability coverage. However, if there is an unfortunate accident that comes with a lot of damages, the coverage you have may not be enough. To ensure you are protected, getting an umbrella insurance policy could be a good idea as it will give more coverage on top of your base policy. 

To Cover More Situations

Another reason to get an umbrella insurance policy is that it can cover multiple situations. An umbrella insurance policy is a very inclusive policy that will provide you with liability protection for many situations. This way, you will know that you have coverage if you are sued for liability.

Choosing an umbrella insurance policy in the Clarkston, MI area is a big decision. If you are searching for a new policy, you should call The Ryan Insurance Agency. When you reach out to The Ryan Insurance Agency, you are going to receive the service that you need to pick the right umbrella liability insurance policy.

Things to know before buying umbrella insurance

Personal liability insurance or umbrella insurance offers coverage when the existing policy limits are reached. In simple terms, we all need umbrella insurance to provide us with that extra coverage when things go beyond our typical limits. People can be very careless, and it’s not impossible to land your self into a serious lawsuit.

Injuries and lawsuits can sometimes make you pay a vast sum of money that could quickly deplete your savings. Here are a few things to keep in mind before buying umbrella insurance.

Assess the value of your assets

The Ryan Insurance Agency recommends making an inventory of your key assets. Your home, cars, savings accounts, retirement accounts, businesses, and other primary assets need to be safeguarded by your umbrella insurance. Having an idea of the value of your assets can go a long way towards knowing which ones urgently need that extended umbrella insurance and which ones don’t.

Come up with a budget

Depending on your basic coverages, you can smoothly come up with a budget that does not financially strangle you. Additionally, you may also need to check and recheck the assets that need umbrella insurance and the current level of protection already in place.

Determine the right coverage

Getting the right umbrella insurance coverage is not always easy, and this is where you need expert advice from certified insurance companies like The Ryan Insurance Agency, who will ask various questions to establish what coverage best fits you. Some of the questions that may be asked include:

  • Whether you own a farm
  • Other kinds of vehicles apart from your car
  • Whether you have employees working from your home
  • What are your present policies 
  • Whether there are drivers below the age of 25 covered in your auto insurance.

Purchasing umbrella insurance is a prudent financial step to safeguard your assets. If you are looking for an insurance company in Clarkston, MI to help you find a policy, The Ryan Insurance Agency is here to help. Visit or call our office in Clarkston, MI today.