Umbrella Insurance Policy with Peters Insurance in Wetaskiwin
At Peters Insurance in Wetaskiwin, we offer umbrella insurance for added peace of mind.
What Is an Umbrella Insurance Policy?
An umbrella policy provides extra liability coverage beyond the limits of your home, auto, or recreational insurance. It protects you if a claim exceeds your existing policies.
Who Needs It?
Umbrella insurance is ideal if you have significant assets, host guests often, own rental properties, or want broader protection from unexpected lawsuits.
How It Works
Umbrella insurance provides an extra layer of protection beyond your existing liability coverage. For example, if you carry $1 million in auto and $1 million in property liability, and you’re sued for $3 million, an umbrella policy can bridge that $1 million gap.
What Is and Isn’t Covered
Umbrella insurance can help cover legal fees, injury claims, property damage, and personal liability when the unexpected happens. However, it doesn’t cover your own injuries, damage to your personal property, or anything resulting from intentional or criminal actions.
