If you’re a resident near Santa Clarita, CA, protecting yourself from unforeseen claims and lawsuits is imperative, especially if you’ve invested in property, a home, or other assets in the region. California requires minimum liability coverage for homeowners and drivers alike, but these coverage limits are not always adequate for larger claims. At QuoteBroker Insurance Services, we can help you determine if an umbrella insurance policy is right for you for the coverage you need.
California’s Liability Coverage Requirements
California currently mandates a minimum liability coverage of $30,000 per accident, $15,000 for injury (or death of an individual), and $5,000 for property damage for any homeowner or automobile owner and driver in the state. While in many cases, these policies are suitable; the limits can quickly become exhausted if you experience a serious accident or injury on your property or as a result of your driving.
Why Umbrella Insurance is Recommended Near Santa Clarita, CA
Umbrella insurance extends liability coverage beyond the limits of primary homeowners or auto insurance you have to your name. If your standard policy currently covers $250,000 in total but is taken to court for $500,000, you may be responsible for the remaining funds not covered by your insurance policy. The right umbrella policy would cover the additional $250,000, protecting your personal savings, property investments, and assets you own.
Understanding California’s laws on liability coverage is imperative anytime you’re a resident living near Santa Clarita, CA, where home values, properties, and assets are often of high value. Protecting your property and investments should be a top priority when living in Santa Clarita, CA. To learn more about your options in terms of umbrella insurance and to determine if umbrella insurance is right for you, contact QuoteBroker Insurance Services directly today.
