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Grove Insurance Agency

319 E. Main St.
Brownsburg, IN 46112

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Does umbrella insurance replace other insurance policies?

Umbrella insurance from Grove Insurance Agency is a type of coverage that can extend beyond the limits of your other insurance policies here in the Brownsburg, IN area. It can provide an additional layer of protection in situations where the limits of your other policies have been exceeded, such as car or home insurance. When it comes to umbrella insurance, it does not replace other insurance policies but works in conjunction with them to help provide added financial protection and peace of mind. 

When considering whether umbrella insurance is right for you, it’s important to understand how it works and what types of situations it covers.

Umbrella insurance is designed to cover costs that exceed the limits on your other liability policies, such as liability coverage for auto accidents or lawsuits arising from personal injury or property damage. For example, if you are involved in an auto accident, and your auto policy limit is exhausted due to high medical bills or damages claims by others involved, umbrella insurance can help pay those additional costs. 

Umbrella coverage also provides additional coverage for certain liabilities that may not be covered by your existing policies, such as libel and slander lawsuits. In addition, umbrella policies may offer higher limits than some underlying policies. Therefore, even if one policy has a $500k limit on liability coverage and another $250k limit on property damage liability coverage, having an umbrella policy can provide up to $1 million in extra protection for both categories combined. 

Reach Out To Us

For more information, give us at Grove Insurance Agency a call today. We are proud to serve the Brownsburg, IN area and would be happy to help you find an umbrella policy that meets both your needs and your budget.