Many people are unsure what an Arkansas umbrella policy is or what it covers. We will explain the basics of a umbrella Insurance policy and the benefits to you. When you are outside and there is a light rain or breeze you generally don’t need or want an umbrella. However, if it is pouring down rain with high winds, you take your umbrella. An umbrella insurance policy works much the same way.

Umbrella Insurance provides extra protection or limits above the liability insurance you currently have. Just as an umbrella protects you from heavy rain, an umbrella insurance policy protects you from losing the entirety of your wealth and assets in the event of a claim. Umbrella insurance can provide limits above your personal auto and home policies.

Here is an example: John Doe falls asleep while driving and hits a van with a family inside. The accident results in $600,000 of medical bills, but John Doe's auto policy has a $500,000 limit. Fortunately, John Doe also has a $500,000 umbrella policy, and the additional $100,000 would be covered under the umbrella policy.

Umbrella insurance provides broad insurance beyond traditional home and auto. It provides additional liability coverage above the limits of homeowner's, auto, and boat insurance policies. It can also provide coverage for claims that may be excluded by the primary policies

 

It is true that personal umbrella insurance may not be for everyone, but if you are building financial resources for your future, are a professional, own your home, boat or recreation vehicle, you should consider an umbrella insurance policy.  Having the added protection of an Arkansas umbrella insurance policy is coverage no one should go without. Call Kohler & Green Insurance today, for a free review. 

Fort Smith

7320 Rogers Ave
Fort Smith, AR 72903
(479) 484-9888
(Fax) 452-9946

kenny@kohlergreen.com
carmon@kohlergreen.com
sara@kohlergreen.com

Van Buren

615 North Plaza Drive
Van Buren, AR 72956
(479) 474-9888
(Fax) 922-2288

rsunshine@kohlergreen.com
breann@kohlergreen.com

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