Click to Call

805 Washington Dr, Suite A2
Arlington, TX 76011

Get Directions

Texas Insurance Blog

Do You Need Umbrella Insurance?

What is umbrella insurance? For buyers seeking a comprehensive plan, umbrella insurance is a type of coverage that goes beyond existing limits or policies. Umbrella insurance covers unexpected circumstances or situations involving extra liability. At InsPeak, we’re providing umbrella insurance to help the people of Arlington, TX. Here’s what you need to know about umbrella insurance and what it has to offer.

What Does Umbrella Insurance Cover?

Umbrella insurance is a kind of liability policy that pays for legal situations, particularly when the primary insurance plan isn’t covering all the losses. If you own home insurance or auto insurance, you might have a plan that covers a set amount of money when it comes to liability. Customers can opt to get umbrella insurance, which goes beyond policy limits. 

While this insurance coverage is often seen in liability situations, it can also pay for personal injuries, property damages, or niche scenarios for the customer. To figure out whether you need umbrella insurance, talk with an agent about the limitations of your current plan. If there’s a specific circumstance that isn’t covered by your insurance policy, then you’ll need umbrella insurance to make up for it. It’s best to start with any situations that involve a high risk of liability; for example, if you’re likely to experience an auto collision where legal action could be taken against you, then you should purchase umbrella insurance to cover auto liability. 

Getting Umbrella Insurance in Arlington, TX

If you’re interested in learning more about umbrella insurance, feel free to contact InsPeak. Our team of experienced professionals would be happy to answer any of your insurance-related questions. Umbrella insurance is just one of the many services that we offer. 

Things You Should Know About Umbrella Insurance Before Purchasing It

When it comes to giving you peace of mind and additional financial protection, umbrella insurance is what you need. It is a special type of insurance that provides coverage beyond the limits of other policies you have. Umbrella insurance is not mandatory, but it is worth having it. If you are thinking about purchasing this type of insurance, there are certain things you should know. 

What Should You Know About Umbrella Insurance?

Before getting an umbrella insurance policy, you should know the following:

  • Umbrella insurance is affordable. Many people mistakenly believe that umbrella insurance is expensive and therefore do not buy it. However, it is not true, and the average annual cost of this insurance is between $150 and $300. 
  • It broadens your insurance. One of the main benefits of umbrella insurance is that it broadens the coverage you already have. It covers the things that are not included in other liability coverages, such as false arrest, slander, libel, and others. 
  • It fits everyone. Umbrella insurance is not for certain categories of people only. Everyone who earns a livelihood will benefit from this insurance. It is possible to say that having umbrella insurance is one of the best to protect yourself financially. 
  • Umbrella insurance works in any part of the world. Umbrella insurance does not have any geographical limits and can cover you everywhere, Therefore, if you like traveling or need to visit other countries for work, consider getting umbrella insurance. 

InsPeak in Arlington, TX – Contact Us to Get an Insurance Policy You Need

Thinking of getting umbrella insurance, but need help choosing the right policy? InsPeak is a trusted insurance agency serving clients in Arlington, TX and other nearby areas that is ready to assist you. We will be glad to find you the policy that fits your insurance needs and answer all the questions you have. Do you want to know more? Contact us today. 

Benefits of Having Umbrella Insurance

Umbrella insurance is a type of insurance that provides protection beyond existing coverages and limits of other standard types of insurance, including home insurance or car insurance. Umbrella insurance provides additional protection and peace of mind. If you are not sure whether you need this type of insurance or not, InsPeak insurance agency serving clients in Arlington, TX prepared a list of benefits of this insurance that you should take into consideration: 

Advantages of Carrying Umbrella Insurance

Here is a list of benefits of this type of insurance:

  • It protects your assets. If you are involved in an accident that involved serious property damage and you think that your standard insurance will not be able to cover everything, it is good to have umbrella insurance that will protect you over and above the limits of your standard insurance policy.
  • Umbrella insurance provides you with liability coverage. If a visitor or guest gets injured on your property and decides to sue you, you will feel safe if you have umbrella insurance because it will cover all the legal costs and protect you from a devastating lawsuit. 
  • Umbrella insurance is affordable. Most umbrella insurance policies are not expensive, so you will be able to afford them. 

If you are a resident of Arlington, TX or any other town nearby you are looking for a trustworthy insurance agency to buy an umbrella insurance policy, InsPeak will be glad to assist you and help you find a policy you need. At InsPeak, we also specialize in other types of insurance. Feel free to visit our website or give us a call – our insurance agents will answer your questions. 

How Does Umbrella Insurance Work?

When you already have home and auto policies in place to protect you, they don’t often have much liability insurance within those policies. However, you can add to your protection from both of these policies by getting an umbrella insurance policy. If you are interested in more liability coverage, call us at InsPeak in Arlington, TX to speak with an agent about the policy you need. 

Add to Your Liability Coverage

An umbrella insurance policy is liability coverage. It is used to add to the liability coverage that you already have from your home and auto policies. When there is an accident, your home or auto insurance will pay for the medical and property damage bills. However, it only pays up to its maximum, which is generally low for these policy types. That’s where umbrella insurance comes in. It adds to your coverage and has a much higher maximum. That way, you are far less likely to have to pay any overage out of your own pocket. 

Saving Money With an Umbrella Insurance Policy

If you need more liability coverage, why not just increase the coverage you get from your home and auto policies? The answer is that it is prohibitively expensive for many people. It costs a lot to add to these policies directly. However, umbrella insurance is relatively inexpensive. You can make a substantial policy for little money. This makes it a cost-effective way to make sure that you are well-insured and ready for any incidents that make you liable for injuries and property damage. 

Get Your Umbrella Policy

If you are interested in getting one of these policies, call us at InsPeak in Arlington, TX, to discuss your insurance needs. You may find that it makes great financial sense to have one of these policies in place. 

Why should I invest in umbrella insurance in Texas?

If you live in the Arlington, TX area, there are many different forms of insurance to consider getting. One form of coverage that people in this area of Texas should get is umbrella insurance. If you do get this protection, you can benefit in several different ways, making it a great investment. 

You will Receive More Coverage.

One of the key reasons you should invest in umbrella insurance is to get more coverage for situations that you receive protection for. Almost anyone in this area is going to have some liability coverage through their auto or home insurance. However, the coverage received is limited to the policy amount. When you get an umbrella insurance policy, the insurance will give you more coverage on top of the base insurance.

Coverage for Wider Range of Risks

You will also get an umbrella insurance policy to ensure you are covered for a wider range of risks. While you can try to protect yourself with other forms of liability insurance, it is ultimately impossible to predict all of your personal risks. When you get a full umbrella insurance policy, you will get the coverage needed for a blanket set of risks. This can provide you with peace of mind and comfort that you are prepared for the unexpected. 

When looking for an umbrella insurance policy in the Arlington, TX area, it is common to get concerned about the complexities that the insurance coverage has. To ensure that all of your questions about the insurance plan are answered, you should call InsPeak. When you work with InsPeak for your umbrella insurance needs, you will get the guidance needed to understand your options and pick the right policy. 

Servicing States

  • Texas
  • Georgia


Partner Carriers

  • ACCC
  • Alinsco
  • All Risks
  • Gainsco
  • Hiscox
  • Infinity
  • Kemper
  • Progressive