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How do umbrella insurance policies work

Umbrella insurance policies provide an extra layer of liability protection beyond your standard auto, homeowners, or renters insurance. Here’s how they work: Additional Coverage:Umbrella insurance kicks in after your existing policies (like auto or homeowners) reach their coverage limits. For example, if you’re involved in a car accident and the damage exceeds your auto

When should I update my life insurance coverage

Major Life Events Marriage: If you get married, you may need to update your life insurance to ensure that your spouse is financially protected. Birth or Adoption of a Child: As your family grows, you’ll want to make sure your children are financially supported in case something happens to you. Divorce: After a divorce, you […]