Texas Umbrella

Written by Jessica Duquette
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Texas umbrella insurance is a broad term used to describe any insurance coverage which is not already designated in a previous policy. As a consumer you can purchase umbrella insurance for your automobile, your home or apartment or for your commercial business. This coverage is often more effective than purchasing individualized policies based on your specific needs.

Personal Texas Umbrella Insurance

As a vehicle owner you are bound by legal obligation to insure you car. This is to prevent unforeseen accidents and their resulting lawsuits. While you are required to have some form of insurance there are added options which can increase the amount of your monthly premium. For instance, collision is not required on your insurance, but should you cause your own vehicle damage, you are not covered by your general liability policy. In this case, umbrella insurance would pick up where your current policy leaves off.

Business owners often invest in general liability along with individual coverages such as employment practices, workers compensation and personal liability. Your policy may not cover damage done as a result of a natural disaster. In this case the business owner would have to pay out-of-pocket for damage done in any hurricane. Texas umbrella insurance could alleviate this expenditure.

Read Carefully for Exclusions

Whether you rent or own your home, you undoubtedly have it insured. The total amount of your possessions should be included in this insurance amount. Read through your current policy for any exclusions which may force you to pay out-of-pocket for theft, fire, or vandalism. Add these exceptions to your umbrella policy.

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