AOL.com Taps Cornerstone’s Chris O’Brien for Tips
Most people feel confident their homeowners or auto insurance has them covered — until life throws them a curveball.
It’s not just major accidents or unexpected lawsuits that can put your savings at risk. Even small events can snowball into costly claims that stretch beyond your standard policy limits. That’s where umbrella insurance comes in.
Chris O’Brien, one of our insurance agents, put it in perspective when speaking with AOL:
“In the event of a major lawsuit, what portion of your net worth are you willing to self-insure? Most people say, ‘None’.”
An umbrella policy is designed to catch what your regular insurance can’t — providing broader, higher-limit liability protection that safeguards your assets, future income, and peace of mind.
So, who should consider an umbrella policy? As Chris explains in the article, it’s not just for the wealthy. You might benefit if you:
- Own a home or other significant assets
- Have a teen driver on your auto policy
- Host gatherings where accidents could happen
- Own a pool, trampoline, or dog
- Have a retirement account or other savings you want to shield
The good news? Umbrella coverage is typically more affordable than people expect, even for $1 million (or more) in added protection.
Want to see how an umbrella policy might fit into your financial safety net? Check out the full AOL article for more insights on who needs it, what it costs, and how it could protect everything you’ve worked so hard to build.
And if you’d like help reviewing your current coverage or exploring an umbrella policy, our team at Cornerstone Insurance Agency is here to help!