For insurance policyholders in Matthews, NC, our team at Jim Boyce Insurance understands how helpful it can be to have some extra coverage through an umbrella insurance policy. When you’re hoping for the best and preparing for the worst, umbrella insurance policies can give you the peace of mind that you’ll be able to face almost any costly disaster. If you want to purchase umbrella insurance, it’s a good idea to make sure that your existing policy will pair with an umbrella insurance policy. While some policies don’t pair with umbrella insurance, the list below will give you a decent picture of whether your policy may be eligible for use with an umbrella insurance policy.
What policies pair with umbrella insurance?
While every policy is different, some general rules exist for what policies are suitable for adding an umbrella insurance policy. If you have homeowner’s insurance, you should be able to get an umbrella insurance policy on top of it as long as the current policy meets the requirements for limits and terms set by the umbrella insurance policy. For auto insurance policyholders, umbrella insurance may be an option if the current policy also meets the term minimums and requirements detailed by the umbrella insurance policy. Business owners may also be able to get an umbrella insurance policy on top of certain commercial insurance policies. Again, the existing policy must meet certain standards and minimum requirements to be eligible for adding an umbrella insurance policy.
If you’d like to see how you might be able to add umbrella insurance to your current insurance policy for extra coverage and comfort, call our office in Matthews, NC at Jim Boyce Insurance!