When Might Someone Need to Have Umbrella Insurance

Making sure that you have the right type of insurance in place is very important. Most people are aware that they need to have auto, home, and other types of insurance at all times. However, one type of insurance that not all people think about is umbrella insurance coverage, which will provide you with general and blanket liability insurance on top of your other policies. There are several reasons why someone may need to have umbrella liability insurance in place. 

Significant Assets

One of the main situations in which someone should have umbrella insurance is if they have a lot of personal assets. If you are a public person, or are commonly known to have a significant personal wealth, you need to make sure that you are properly protecting this. One of the best ways to do this is to make sure that you have an umbrella insurance policy in place that will provide you with liability protection.

Higher Levels of Risk

If you have a certain type of job or other risk factors that make you more prone to being sued for liability, you should consider getting personal umbrella insurance as well. For example, if you are a journalist, you are a higher risk of being sued for either slander or libel. This type of risk is almost never covered by your home insurance policy. Instead, your umbrella insurance will kick in and provide you with the coverage that you need. 

If you are in the Austin, TX area and are considering your liability insurance needs, you should speak with the team at the Southwest Insurance Center. The professionals at the Southwest Insurance Center will be able to review your personal situation and current levels of liability protection. They will then be able to provide you with suggestions for additional umbrella insurance and ensure that you get into a policy that provides you with enough liability coverage.


What is an RV?

Generally, an RV is a recreational vehicle that either has a motor attached or is a trailer pulled by another vehicle. It is not exactly a home or building but is not exactly an automobile either.  That makes insuring it a little complicated, but the agents at the Southwest Insurance Center in Austin, TX have policies that will fit your needs regardless of the type of RV you have.

The area around Austin, TX, as well as the rest of the state, is popular for camping year round for the most part. A lot of people enjoy having these types of vehicles, and Texas a great place for that type of activity.

For a small trailer that is pulled by a car or light truck, you may only need to add that to your automotive policy. While pulling the trailer, the trailer is considered part of your car or truck. When you have an RV that has a motor built in, it is called a motorhome, and that is where it gets a little tricky. For those types of vehicles, you will need a separate policy.

Basic liability is required in Texas for your vehicles, and that includes your RV. There are other types of coverages that are not required, but might be a good idea in order to protect your property. Just like with car insurance, there is a collision and comprehensive coverage. There is also vacation liability, which covers you while you are camping. 

Some people stay in their camper year round, or for extended periods, and extra coverage here is also a good idea. The contents of your RV should also have some coverage as well.

Stop by the Southwest Insurance Center in Austin, TX, or visit us online, to get more information about coverage on your RV.  We welcome new customers and can help you find the policy you need. We also encourage existing customers to update their policy regularly.