You’ve worked hard to provide a nice home and everything your family needs, including a solid retirement plan. Make sure to protect yourself any unexpected liability claims with a personal umbrella policy (or excess liability). Your homeowner’s policy provides liability coverage, but it may be more limited than you realize. In some cases, your automobile liability limits may not be adequate in the event of multiple or serious injuries as a result of a car accident.
An umbrella policy is designed to help protect you from major claims and lawsuits while protecting your assets and your future. For a reasonable cost, it is usually possible to get a lot of protection.