Families open themselves up to risk all the time. They bring friends and guests into their home, host events at their house, let the neighbor’s children run around in their yard. It may seem like no big deal — until someone gets hurt. When you’re found liable for an injury that occurs on your property, you can become the subject of a lawsuit you were never expecting. If you have a family and have never considered getting umbrella insurance, you should. Umbrella insurance extends liability coverage on standard home and car insurance policies, so if you’re ever sued, you’ve got coverage. 

The professionals at Anchor Insurance Agency LLP servicing Plymouth, MN can help. We have many insurance carrier partners, and we can help you find an umbrella insurance policy that provides the coverage you need. 

Isn’t Home Insurance Liability Coverage Enough?

Home insurance liability coverage only goes so far. If your assets exceed the coverage provided in your home insurance policy, then you could still be at risk if you are sued. 

Does Your Family Need Umbrella Insurance?

Every family is different. For some people, the liability coverage that comes with a home insurance policy is enough. For other families, the risks are too great. If you have a trampoline or a pool at your house, for example, you may want to consider umbrella insurance. This helps ensure that if anyone is injured on your property, you’ll have coverage that may help pay for legal fees, medical bills, and more.

How Can You Get Umbrella Insurance?

The team at Anchor Insurance Agency LLP servicing Plymouth, MN can help you get an umbrella insurance policy. Our insurance professionals can help you get an umbrella insurance policy that can make all the difference when the unexpected happens. Call today. 

Your furry friend brings joy to your family, but as a responsible dog owner, you need to consider the potential liability risks that come with pet ownership. Even well-behaved dogs can react unpredictably in certain situations, and when incidents occur, the financial consequences can be devastating. Anchor Insurance Agency LLP in Plymouth, MN helps dog owners understand how umbrella insurance provides crucial protection beyond standard homeowners coverage.

Dog Bite Statistics Are Sobering

The average dog bite claim costs around $50,000, with some cases reaching hundreds of thousands of dollars. These incidents can happen anywhere, whether at your home, during walks, or when friends are watching your pet. Your homeowners’ insurance typically covers dog-related incidents, but most policies have liability limits between $100,000 and $500,000. When medical bills, plastic surgery, lost wages, and legal fees add up, these limits can be quickly exhausted.

Liability Risks Beyond Bite Incidents

Dogs can cause liability issues in other ways, too. Your energetic pup might knock down an elderly neighbor, chase a cyclist into traffic, or cause someone to trip while avoiding them. If your dog damages someone else’s property or causes an accident, you could be held responsible. These scenarios often result in claims that exceed typical homeowners’ policy limits.

Comprehensive Protection for Dog Owners

Umbrella insurance typically provides an additional $1 million to $5 million in liability coverage, offering protection when your primary insurance isn’t enough. The cost is relatively modest compared to the potential financial exposure you face as a dog owner.

Don’t let your love for your pet put your financial future at risk. Contact Anchor Insurance Agency LLP in Plymouth, MN today to learn how umbrella insurance can protect you from unexpected costs while letting you enjoy life with your four-legged companion.