{"id":438,"date":"2022-10-24T04:00:00","date_gmt":"2022-10-24T04:00:00","guid":{"rendered":"https:\/\/www.duganins.com\/blog\/?p=438"},"modified":"2022-10-24T21:38:40","modified_gmt":"2022-10-24T21:38:40","slug":"three-common-misconceptions-about-umbrella-insurance-to-be-aware-of","status":"publish","type":"post","link":"https:\/\/www.duganins.com\/blog\/three-common-misconceptions-about-umbrella-insurance-to-be-aware-of\/","title":{"rendered":"Three common misconceptions about umbrella insurance to be aware of"},"content":{"rendered":"

Umbrella insurance is an important type of insurance to carry for complete financial protection. Misconceptions are common when it comes to umbrella insurance. <\/p>\n

At Linda Dugan Insurance<\/a>, we want our clients in Astoria, OR to be adequately informed about umbrella insurance. The following are three common misconceptions to be aware of about umbrella insurance. <\/p>\n

It costs a lot of money to purchase an umbrella insurance policy.<\/strong><\/h3>\n

You shouldn’t forego umbrella insurance coverage under the assumption that it is too costly. Get a quote on an umbrella insurance policy, and you’re likely to find that this is one of the most affordable types of insurance available. <\/p>\n

You don’t need umbrella insurance unless you are a high-net-worth individual.<\/strong><\/h3>\n

Umbrella insurance is often associated with very wealthy individuals. However, anyone with considerable savings can benefit from having an umbrella insurance policy.<\/p>\n

Umbrella insurance coverage protects anyone who has more in savings than they carry in coverage maximums on their standard insurance policies. This makes umbrella insurance coverage advantageous to many consumers out there. <\/p>\n

No one needs umbrella insurance if they have home insurance.<\/strong><\/h3>\n

Home insurance is very valuable to have. However, this doesn’t mean that home insurance offers so much coverage that it makes umbrella insurance unnecessary.<\/p>\n

Umbrella insurance offers coverage in addition to that offered by a consumer’s home insurance policy. Although home insurance is helpful in the event of a situation like a lawsuit, home insurance has policy maximum coverage limits.<\/p>\n

Umbrella insurance coverage takes over for lawsuits that cost more than the policy maximums on a consumer’s home insurance policy. <\/p>\n

Don’t believe misconceptions about umbrella insurance in Astoria, OR. Please message us at Linda Dugan Insurance<\/a> to learn more about umbrella insurance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Umbrella insurance is an important type of insurance to carry for complete financial protection. Misconceptions are common when it comes to umbrella insurance.  At Linda Dugan Insurance, we want our clients in Astoria, OR to be adequately informed about umbrella insurance. The following are three common misconceptions to be aware of about umbrella insurance.  It […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,45],"class_list":["post-438","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-astoria-or","tag-linda-dugan-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t