Personal Umbrella Insurance: Do You Have This Important Coverage?

"Without personal umbrella insurance we couldn't pay all the medical bills!" More and more Americans would be financially devastated if they had an accident and personal umbrella insurance can change that for your family today. Being able to afford insurance premiums and co-pays is hard enough, but when you're stuck with another person’s medical bills on top of that, it can really feel like an impossible situation. Don't let this happen to your family. Talk to an insurance expert who can help you get the personal umbrella coverage you need at a rate you can live with. John Coyle at Tri-Star Insurance has been helping families all over the N. Dallas-Frisco-Plano TX area with all of their insurance needs. Let John and his associates help you avoid a situation like this one:

It all started as a simple boat ride with friends on a summer day. Everyone was having a great time. Tom and Mary had invited Bob and Suzanne over for a ride on their new boat. Bob and Suzanne brought their friends, the Smiths.

The three couples were getting ready to leave the water, because the waves were picking up a bit and the wind was starting to blow. Suddenly, the boat hit a tree that was barely protruding out of the water. The accident caused some real damage and the three couples in the boat were thrown around on impact.

Thankfully, everyone made it out alive, but Mrs. Smith wound up with some injuries that required extensive plastic surgery. The bills were enormous and they sued Tom and Mary for the medical costs. Thank goodness, Tom had insisted on that personal umbrella insurance when they bought their boat insurance.

Tom made a smart decision when he opted for personal umbrella insurance. Even though they had boat owner's insurance, Tom and Mary S. were saddled with hundreds of thousands of dollars worth of medical bills. Personal umbrella insurance saved their family from financial disaster. Many people don't realize just how much they need a personal umbrella policy to protect their assets from being lost to bills incurred during an accident. Face it, if you are operating any type of vehicle, including your boat, and you have an injury producing accident, life gets stressful in a hurry. Health care costs have sharply increased and an injury that requires a hospital stay, surgery or specialized treatment can cost hundreds of thousands of dollars. Personal umbrella insurance can help you with that.

Don't be shocked to find out that your existing homeowners, car, boat and health insurances may not cover all the expenses occurred in an accident. With personal umbrella insurance, you are protected against medical bills of up to five million dollars or more depending on the amount of coverage you choose.

It's difficult to think about being liable for an accident, especially when someone suffers major injuries. On top of that, if someone else is injured, you may find yourself in a courtroom with a judge deciding how many zeroes you need to tack on the check. That's why it's so important to have personal umbrella insurance. What a safety net! Without this extended coverage, an injury producing accident could wind up costing you your home, your vehicle – even money you earn in the future to satisfy the bills. You can avoid this type of disaster by talking with an insurance expert who can help you choose the best coverage options for your personal circumstances. Call John Coyle and his associates at Tri-Star Insurance at 1-800-880-4600. John and his staff have been helping people all over the N. Dallas-Frisco- Plano, TX area for years and they can help you too. Call 1-800-880-4600 today.