What the Heck Is Umbrella Insurance?! ☂️ Do You Really Need It?

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Hi, I’m Dave Evans from Hopmeier Evans Gage Insurance!

Let’s clear something up:
Umbrella insurance is not for umbrellas.
It won’t replace your home, auto, or boat policy either.

But… if you already have:

  • Home insurance ✅
  • Auto insurance ✅
  • Boat or rental property insurance ✅

Then an umbrella policy sits on top of all those policies—like a protective shield—providing an extra $1 million or more in liability coverage.


💥 Why Would You Need That?

Here’s the thing:
Most policies cap liability at $300,000. But what if:

  • You’re in a major car accident with multiple injuries?
  • Someone gets hurt water skiing behind your boat?
  • A guest trips at your rental property and sues?

Those claims can hit $1M+ fast.
Once your base policy pays out, the rest comes from your personal assets unless…
You have an umbrella.

🧠 Real Talk: Do Most People Need This?

Not every day.
But when you do… you really do.

We’ve seen cases where an umbrella policy was the only thing standing between a client and financial ruin.

And the kicker?
💵 Most umbrella policies cost just $200–$300 per year for $1 million in coverage.

That’s less than what many people pay for streaming services!

✅ What You Need to Qualify

To buy umbrella insurance, most insurers want:

  • Auto liability: at least $250,000 per person / $500,000 per accident
  • Home liability: at least $300,000
  • Boat/RV policies: also need liability minimums

Once you meet those, you’re good to add an umbrella.

👋 Let’s Chat

We’ll help you figure out:

  • What coverage level fits your life
  • If you qualify
  • Which carrier gives you the best rate

So give us a call, shoot us a text, or email us. 518-377-7414  info@YourOwnAgent.com
Hopmeier Evans Gage Insurance — where the wrong coverage is never a bargain.

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