Umbrella Policy Coverage

Umbrella Policies: Comprehensive Protection

At Wilcox & Reynolds Insurance, we understand the importance of comprehensive protection for your assets. Our umbrella policies offer an additional layer of security beyond your standard insurance coverage. Serving Tolland and Windham Counties, we provide tailored umbrella policies to safeguard your financial future. Our services include:

• Personal umbrella policies
• Commercial umbrella policies
• Extended liability coverage
• Asset protection strategies
• Customized policy limits

Contact Wilcox & Reynolds Insurance to explore how an umbrella policy can enhance your insurance portfolio.

What is an Umbrella Policy

An umbrella insurance policy is a type of personal liability insurance that provides an extra layer of protection beyond the limits of your standard home, auto, or boat insurance policies. It’s designed to help safeguard your assets and future earnings in case you're held responsible for a major accident or lawsuit.

Think of it as a financial safety net. If you're sued for damages that exceed your primary insurance coverage, your umbrella policy kicks in to cover the remaining costs—up to your umbrella policy’s limit.

How It Works:

• Suppose your auto insurance covers up to $300,000 in liability.
• You're found liable for a car accident that causes $750,000 in damages.
• Your auto policy pays the first $300,000.
• Your umbrella policy covers the remaining $450,000 (assuming your umbrella limit is at least that high).

Is an Umbrella Policy Right for You?

You might consider an umbrella policy if:

• You own property or significant assets
• You have savings or retirement funds to protect
• You host guests at your home
• You have teenage drivers
• You own a dog or rental property

Umbrella policies offer many advantages such as:

• The Ability to Protect Your Assets - If you're found legally responsible for a serious accident, your savings, home, and even future income could be at risk. Umbrella insurance helps protect what you've worked hard to build.
• Affordable Coverage - Umbrella policies are surprisingly affordable for the amount of coverage they provide. You can often get $1 million in coverage for just a few hundred dollars per year.
• Covers More Than You Think - Umbrella insurance can cover:
• Legal fees
• Libel and slander claims 
• Rental property liability
• Injuries caused by your pets
• Peace of Mind - In today’s litigious society, lawsuits can happen unexpectedly. An umbrella policy gives you peace of mind knowing you’re protected from large financial losses.

Why Choose Wilcox & Reynolds Insurance For Umbrella Policies

When it comes to protecting your assets with an umbrella policy, Wilcox & Reynolds Insurance stands out as the premier choice. Here's why:

• Same-day service for urgent coverage needs
• Independent agency representing over 15 insurance carriers
• Best coverage at the best rate guaranteed
• Locally owned and operated since 1942
• Walk-ins welcome for personalized consultations
• Quick responses to all inquiries
• Free quotes available within 24 hours
• Family-owned and woman-owned business
• 80 years of industry experience

Our commitment to excellence and deep understanding of umbrella policies ensure that you receive the most comprehensive protection tailored to your specific needs.

Contact Us

Protect your assets and secure your peace of mind with an umbrella policy from Wilcox & Reynolds Insurance. Our dedicated team is ready to provide you with personalized advice and create a policy that offers the additional layer of protection you need. Serving Tolland and Windham Counties, we're here to safeguard your financial future. Reach out to us today to discuss how an umbrella policy can complement your existing insurance coverage and provide comprehensive protection for you and your loved ones.