Personal Umbrella Insurance in Aurora, IL
In today’s litigious society, standard insurance policies might not always be enough to fully protect your assets. At Estrella Insurance Agency in Aurora, IL, we offer personal umbrella insurance to help provide an extra layer of financial security for you and your family.
What Is Personal Umbrella Insurance? 
Personal umbrella insurance is a type of liability coverage that goes beyond the limits of your standard home, auto or boat insurance policies. It acts as a safety net, potentially offering additional protection when your primary insurance reaches its coverage limits. This policy may help safeguard your assets and future earnings from large liability claims or lawsuits.
In exchange for your premiums, the insurance company commits to offering assistance for liability claims that exceed the coverage of your underlying policies. This extra layer of protection can be crucial when you face a substantial lawsuit or liability claim.
How Much Personal Umbrella Insurance Should I Have?
Determining the right amount of personal umbrella coverage depends on the following factors:
- Your net worth—Consider all your assets, including property, savings and investments.
- Future income potential—Factor in your earning capacity over the coming years.
- Lifestyle risks—Assess activities that might increase your liability exposure, such as owning a pool or frequently hosting events.
- Comfort level—Consider how much risk you’re willing to assume personally.
Many insurance professionals recommend coverage that’s at least equal to your net worth. However, some suggest carrying even more to protect future earnings.
At Estrella Insurance Agency , we can help you assess your specific situation and recommend an appropriate level of coverage to align with your needs and risk tolerance.
Enhance Your Protection Today
Don’t leave your financial future to chance. Contact Estrella Insurance Agency in Aurora, IL, to explore our personal umbrella insurance options. Let our team help you build a comprehensive protection plan that gives you peace of mind.