Umbrella Insurance

As a resident of Oklahoma, you may have gathered several assets over the years and have no intentions of losing them. If you have a significant net worth or even a business owner, it is essential to consider supplementing your home or commercial insurance with umbrella insurance from Secure Insurance Group.

What is Umbrella Insurance?

This policy is supplemental liability coverage that is used only when your primary liability coverage has been exhausted or met for the year. In most cases, it is important to make sure this policy is large enough to cover the costs and value of all of your current assets that you own and can be seized should you be found liable.

What Assets Need to Be Covered?

Any homes, residential property, or commercial property that you may own should be considered when creating your policy. They are a part of your value and can be used to pay for damages and a settlement where you are found guilty. Any savings accounts, stocks, bonds, or mutual funds where you have financial investments can also be seized and used currently.

What About My Income?

There have been some cases where future income is also used to pay out expenses where you are found liable. It is important to determine the total of your current salary and multiply it by the years you plan to continue working and add that number to your policy quote.

Are You Ready for Your Policy?

If you are ready to speak to an agent about your umbrella insurance policy and get the coverage you need, give our team at Secure Insurance Group a call today. We will help you sort over the assets you have and future assets so that they are all protected in the event of a lawsuit. We look forward to hearing from you soon.