Many people think umbrella insurance is a waste of money and just a way for insurance agents to sell a little more – but hear us out! There are so many financial benefits to having umbrella insurance; you just have to find the right coverage. The team at Kriener Insurance is here to help.
Residents of Woodbury, MN and the surrounding areas are typically homeowners, who drive vehicles and many of them have other investments. These may include rental properties, a small business, or life insurance. Umbrella insurance exists as an add-on to the insurance policies you already hold on these valuable investments.
While your coverage may be good for your home insurance or commercial insurance, umbrella insurance can offer that next step of protection that becomes so valuable when you need it the most.
Particularly if you have additional assets, like other properties, a life insurance policy, a boat, or an RV… these are all valuable assets that umbrella insurance can protect if your coverage runs out.
The team at Kriener Insurance are well experienced at assessing the value of any current assets and determining if your coverage lines up appropriately. If coverage falls short, there are various recommendations we can make to relieve your financial responsibility. Umbrella insurance is one of these options.
Before you write umbrella insurance off as a fluffy insurance add-on, do some research and determine whether or not you think it may be a good fit for your financial protection in Woodbury, MN.
If you have any questions or want to learn more about how umbrella insurance can provide peace of mind for your family, contact the team at Kriener Insurance today. We’re here to help!
