Category: Umbella Insurance

If you are a homeowner in the Mesa, AZ, area, then hopefully, you have home insurance. The same applies to owning a vehicle or even a boat. That also means that you have all the coverage you need. Well, that is where the team at The Morrow Insurance Agency can help.

Yes, home and auto insurance policies often cover most of the basics, but what about the other areas where you might need insurance? At The Morrow Insurance Agency, our friendly and experienced team of agents can review your policy and help you recognize any possible gaps in your coverage.

Umbrella Insurance for Gaps in Your Coverage

When damages or issues arise that exceed the limits of your coverage, umbrella insurance can be the solution. When homeowners want that peace of mind and the protection they need when their current coverage falls short, they need the extra coverage an umbrella policy provides.

Would you benefit from umbrella insurance? Does your current insurance cover all the what-if scenarios? If you have questions, want to learn more about umbrella insurance, or desire to find out if umbrella insurance could help you, your local agents at The Morrow Insurance Agency can assist with all your umbrella insurance questions and needs.

Contact The Morrow Insurance Agency Today

Thank you for visiting The Morrow Insurance Agency. If you live in or near Mesa, AZ, and are looking for umbrella insurance, look no further than our helpful and friendly agents at The Morrow Insurance Agency. Contact us today to find out more and cover all your coverage gaps with the umbrella insurance you need and deserve.

What do seniors have to lose? Unfortunately, the answer often is “a lot,” so seniors should consider umbrella insurance to protect the assets they worked hard to accumulate. While this article describes the value of umbrella insurance for seniors, everyone with The Morrow Insurance Agency, serving Mesa AZ, will be happy to discuss whether umbrella insurance should be part of your insurance plan.

How Umbrella Insurance Helps Seniors

Accidents happen despite our best intentions, and we buy home and auto insurance to protect us against the unexpected. Arizona is an at-fault state, so your auto insurance policy covers your liability when others suffer losses in an accident where you have responsibility. Your home insurance covers similar liability for injuries that occur in your home.

However, your home and auto policies limit the amount of liability they cover. If an accident results in liability exceeding your policies’ limits, you are responsible for the difference, potentially leaving your retirement savings, home, and other assets vulnerable. This situation is especially a problem for seniors past their prime earning years.

That’s where umbrella insurance can help. Umbrella insurance sits atop your other policies and kicks in only when you exceed their limits. This layer of protection is seldom needed, so umbrella insurance is relatively inexpensive. Still, it provides a comforting layer of protection for you and your assets.

Working With The Morrow Insurance Agency 

Knowing you and your family are protected is comforting in a world where anything can happen. So, if you live in Mesa AZ, and want to discuss the protection offered by umbrella insurance, the team at The Morrow Insurance Agency stands ready to help. Call us today to discuss a plan that makes sense for you.

Umbrella insurance is supplemental insurance designed to cover anything that a primary insurance policy doesn’t cover or that exceeds a primary insurance policy. It’s not designed to function as a primary policy, although it does in some situations. For the most part, primary insurance covers most situations.

However, there are situations when a primary insurance policy isn’t enough to cover an incident or accident. Our team at The Morrow Insurance Agency understands that umbrella insurance can be extremely beneficial in situations where a primary insurance policy has been maxed out. We’re committed to helping our Mesa, AZ residents understand how umbrella insurance works.

What is Umbrella Insurance?

Umbrella insurance is supplemental insurance designed to cover anything that a primary insurance policy doesn’t cover or that exceeds a primary insurance policy. It’s not designed to function as a primary insurance policy, but can and will if a primary insurance policy doesn’t offer coverage in a certain area. 

Can I Use Umbrella Insurance as Primary Insurance?

Typically, umbrella insurance only works in combination with primary insurance policies. In fact, many umbrella insurance companies require that primary insurance is in place before an umbrella insurance policy can be purchased. However, although umbrella insurance isn’t designed to be purchased as a primary insurance policy, it can act as a primary policy. It acts as a primary policy when a primary policy doesn’t provide coverage in a particular area. 

Can I Use Umbrella Insurance as Primary Insurance?

Typically, umbrella insurance only works in combination with primary insurance policies. In fact, many umbrella insurance companies require that primary insurance is in place before an umbrella insurance policy can be purchased. However, although umbrella insurance isn’t designed to be purchased as a primary insurance policy, it can act as a primary policy. It acts as a primary policy when a primary policy doesn’t provide coverage in a particular area.

Contact Us Today

Umbrella insurance is designed to work in tandem with a primary insurance policy. It should be looked at as extended insurance once you’ve exceeded the limits of a primary policy, or don’t have a particular type of coverage under a primary policy. Umbrella insurance also pays legal costs in a lawsuit as well.

If you think you might benefit from umbrella insurance or have concerns about the existing limits of your primary insurance, call us at The Morrow Insurance Agency in Mesa, AZ. We’d be happy to help.