Your auto and homeowner's insurance policies both offer protection from liability in certain circumstances, but what happens if the total damages exceed the limits of those policies? In most cases, the injured party could still file a lawsuit for the excess damages, a situation that could put everything you've worked toward at risk.

Integrity Insurance Solutions, an independent insurance agency serving customers throughout the San Marcos area, recommends umbrella insurance policy to protect against the damages your normal insurance policy won't cover. You can think of umbrella insurance as additional coverage that augments the protection offered by a home, auto, or boat insurance policy, often by a huge margin. Coverage limits for umbrella insurance policies typically start at around one million dollars, and may go up to ten million or more.

For example, if you're responsible for an auto accident which results in $500,000 in medical expenses, your auto insurance will pay for damages up to the limit described in that policy. If that limit is only $100,000, you'll still be on the hook for the remaining $400,000, unless you have an umbrella insurance policy to pay it for you.

If you're unsure of whether you need an umbrella insurance policy, just consider the value of everything you own as well as everything you could own in the future. Losing a liability lawsuit may force you to declare bankruptcy, liquidating your assets and threatening the financial security you've worked so hard to achieve. By comparison, the expense of umbrella insurance premiums is negligible, especially when you consider everything the coverage protects.

With years of experience and strong relationships with some of the leading carriers in the industry, Integrity Insurance Solutions will find the ideal insurance policy for your situation. Visit their website to learn more about their expert services and wide range of products, or call (512) 396-2211 to make an appointment today.