Protecting your loved ones, assets, and investments can seem daunting if you’re unfamiliar with the process of selecting insurance policies. If you’re considering bundling your insurance policies or want to learn more about umbrella insurance, debunking common misconceptions about umbrella insurance policies in Manchester, NH, can help you make an informed decision.
Umbrella Insurance is Only for Those With Significant Assets
While umbrella insurance is optimal for those with a growing portfolio of assets, it’s not a requirement to have significant assets to obtain your own policy. Umbrella insurance policies can protect and preserve the assets you do have so you can continue to grow and expand your portfolio.
Umbrella Insurance Policies are Confusing
Umbrella insurance policies can be extremely straightforward and transparent when working with the right insurance agency and agent in the Manchester, NH area. Your policy will clearly state the additional coverage you are receiving beyond your existing policy benefits.
Umbrella Insurance Policies are Unaffordable
In many cases, umbrella insurance policies can be very affordable, especially when working with the right insurance agency and agent. Some premiums can range from $150 to $300 annually, providing up to $1 million in coverage.
My Insurance Policies are Adequate
Unfortunately, this is not always the case when it comes to auto, business, and homeowners insurance policies. If your basic insurance policy falls short in a major disaster or incident, you’ll have to cover the remaining costs. Umbrella insurance can extend benefits and cover excess costs in your time of need.
If you live in the Manchester, NH, region and are interested in umbrella insurance policies for your household, AS Insurance Agency is here to help. Contact AS Insurance Agency to speak with one of our qualified representatives today to learn more about the common misconceptions regarding umbrella insurance.
