Lovelace Insurance Agency

With so much to do in our fair city and surrounding areas, like boating, fishing, hiking, mountain biking, and many other fun activities, we often forget everyday life and hobbies can have consequences. Accidents happen, and unfortunately, they never occur on our schedule or the best of times.

Each insurance policy has limits. And having the best coverages for all your assets like home, auto, and toys may not be enough. Thankfully, you can raise those limits with a Personal Umbrella Policy or PUP. An umbrella policy can help with gaps in your current insurance coverage. A PUP can help cover the gaps once a policy limit is exhausted and help with lost wages when court appearances take you away from work. A home and auto policy doesn’t cover specific incidents—things like slander, libel, false arrest, or invasion of privacy.

Is an umbrella policy right for you? It depends on what you need help protecting. The rule of thumb is taking an inventory of your assets. High-value items like your home, savings, or even a boat would all qualify the need for a PUP. Another excellent example of a real need is young drivers in the household. With the cost of medical, legal, and repairs increasing each year and at fault, an accident can max out policy limits quickly.

Choosing the Lovelace Insurance Agency to help protect you and what matters most means you have a team of people that know insurance and will go that extra mile. You’ll be surprised at how inexpensive a Personal Umbrella Policy can fit any budget, giving you an additional $1,000,000 to $5,000,000 in protection. Give us a call today at 901-203-0043 and explore how we can help save you money and protect your most valuable assets. We look forward to serving you!