What is Umbrella Liability Insurance?

Umbrella liability insurance is extra liability insurance. This type of coverage insures you above and beyond the limits of general policies such as automobile and homeowners insurance.
Umbrella insurance covers bodily damage, personal injury, property damage, and landlord liability. Accidents happen and expenses add up quickly. When your standard insurance policy isn’t enough, you could be stuck paying the remaining balance out of pocket. Investing in umbrella insurance can protect you from ending up in this scenario.

How much does it cost?

Considering the amount of coverage you get, umbrella insurance is not that expensive. The premium for an umbrella insurance policy varies based on your net worth, credit history, risk profile, and location.

Policy rates range from $200 per year to over $1,000. Our insurance agents can help you determine how much coverage makes sense for your insurance needs. If you live in Midland, Odessa, San Angelo, Andrews, Monahans, Hobbs, Seminole, Fort Stockton, Sweetwater, or Snyder, TX, you can rely on Insurance Exchange to help you choose the right amount of coverage. Call us today to request a quote!