Are you on the lookout for a Katy TX umbrella policy? Well, you’ve come to the right place. Our team at Texas Insurance Agency can help you 24/7. We offer free quotes when you fill out our online form on our website. You can also give us a call anytime you need. When it comes to your insurance concerns, we will help you. This brokerage firm has at the very least four decades of experience.
Katy TX umbrella policy
The good news is that we have locations in Katy and Pearland. When you come to us for help, we can offer you the best rates and advice. This firm also helps when you need to combine your insurance options. That could be with any insurance coverage you want or need.
What is an umbrella policy?
If you want an umbrella policy, then that means you want to know more about the right insurance. An umbrella policy is an insurance plan that goes beyond the limits of your coverage. A lot of insurance companies and firms recommend you get one if your income is over $500,000. To them, that means you can afford it, but also it means you have protection.
We all know with the more money you make, the more you’ll have to pay for things later on. So, in effect, an umbrella policy goes beyond your usual insurance plans. That could be from your home, auto, flood, boat, or motorcycle insurance. Umbrella insurance also helps you when you need protection for false arrest, libel, slander, and other properties you own.
In the case of properties that you may own, umbrella insurance will help a lot. This helps if you’re a landlord.
Umbrella insurance coverage
Furthermore, umbrella insurance covers personal injury, lawsuits, property damage, and other liability situations. In a way, umbrella insurance is a type of liability insurance. The bodily injury part of umbrella insurance covers a lot of things. It can cover auto accidents that result in injury. This could be for a situation where you’re at fault. Other injuries could be dog bites or fall in your home by a guest or neighbor.
Umbrella insurance also covers property damage. This includes the cost of damage or loss to another person’s property. An example will be damage to a vehicle or other property if you’re at fault.
Again, if you’re a landlord and you own rental units, umbrella insurance protects you from lawsuits. These lawsuits could come from tenants if they fall or any dog bites as well.
Not Covered by Umbrella Insurance
What is not under umbrella insurance protection is your own injuries or damage to your property. That’s if you are the cause. It also does not cover any criminal actions or misdeeds that cause damage to someone else. And it does not cover you for liability you take on under a contract.
For example, if your price of insurance in an auto incident is $400,000 and you can only pay half of that, the umbrella insurance will take care of the rest.
At Texas Insurance Agency, we specialize in liability insurance. That can help your Katy TX umbrella policy. We can give you the best advice on liability insurance. In fact, we recommend you get general liability insurance or GLI. This type of insurance covers the majority of problems that come with business or personal insurance.
In fact, it may be good to combine your liability insurance with your Katy TX umbrella policy. General liability insurance covers your personal injuries or any injury if you have a business. General liability insurance, like umbrella insurance, will cover any property damage that can happen.
Another aspect that’s vital for your and your business is professional liability insurance. Texas Insurance Agency can help with that, too. Professional liability insurance is what helps you when you provide professional services. Again like umbrella insurance, it can cover any legal costs or medical expenses.
If your only concern is personal insurance, then you don’t need to worry about professional liability insurance. We can help with that, but a lot of companies provide their own insurance for their own professionals. We know a big concern of people is their home insurance.
If you have a home and a mortgage, the bank will likely require you to get home insurance. Home insurance is what protects you from any type of damage to your house. This could be the result of fire, water, severe weather, or even intentional misdeeds.
Home insurance covers the dwelling or structure of your home. It can also cover any other structures to your house, like your garage. Your home insurance also covers your belongings like clothing, computers, appliances, and furniture. And in another way, home insurance can cover you for loss of use. Loss of use could be a situation where you have to move out for some time. This could be when repairs happen as a result of damage to the home. In hindsight, an umbrella policy can help, too.
For your auto insurance, Texas Insurance Agency can help too. Our firm works with over 20 different auto insurance providers. That way, we can get you the best rates for your car or truck. Auto insurance comes into play when you have accidents. This could be a minor fender bender to vehicle damage due to a slippery road.
Tree branches can fall on your car and break your window. Or worse, you or any of your loved ones could get in a bad accident. Auto insurance makes a difference with collision coverage and liability car and truck coverage. You may also need uninsured motorist coverage and medical payments coverage. That helps you get hit by a person who doesn’t have insurance and needs medical help.
Visit us soon!
An umbrella policy helps a lot when it comes to your insurance. As said before, an umbrella insurance policy makes sure you have more money than your auto or home insurance coverage. That way, you don’t dip into your savings. If you want help with the right coverage plan, call us at 281-398-1010. We’re here to help you with your Katy TX umbrella policy!
Fun Facts about Katy, TX
- Katy was known as Cane Island.
- Katy is 30 miles west of Houston.
- Simon Property Group owns Katy Mills Mall.
- Summers in Katy last for almost four months.
- To learn more, visit Katy’s official website.