Umbrella Insurance

Umbrella Insurance In Michigan

Umbrella insurance extends beyond your current auto and home insurance. If you are at risk of being sued because of another person’s injuries or damages to the property, then umbrella insurance can help protect you. Umbrella policies are growing in popularity.

Who Should Have Umbrella Insurance in Michigan?

Everyone can benefit from umbrella insurance but there are certain groups of people that have more risk and are more likely to be sued. Those who have a pool or trampoline, dog, or own property with a large amount of savings may want to consider this insurance. There are other activities that can increase the risk of a lawsuit, including volunteering, serving on a nonprofit board, participating in sports where injuries are common, and being a landlord. Speak with an agent at Winthrop & Gray Company to learn more about your specific risk and see how much umbrella insurance is right for you.

How Does Umbrella Insurance Work in Michigan?

If you are at fault for an accident, it can easily cost millions of dollars. While your current insurance will cover up to a certain point, you will be left to pay out of pocket for the rest of the damages and your legal fees. Umbrella insurance will cover the additional costs that your auto or home insurance wouldn’t cover so you will pay less out of pocket. Coverage usually starts at $1 million but can be available up to $10 million if you have a lot of assets to cover. Umbrella coverage doesn’t stand on its own and you already need to have certain minimums for your home and auto insurance before you are able to get umbrella coverage. While you can technically increase your coverage on these existing policies, it may be a better option since umbrella insurance can also give you some additional protection against things not covered by standard home and auto policies, such as libel.

Contact Winthrop & Gray Company to get a quote on umbrella insurance.

Our Insurance Services

When it comes to insurance, we strive to provide the best. We can help you get the following coverages:

Partner Carriers

  • AARP
  • Aetna
  • Allied
  • American Modern
  • Attune
  • Berkshire Hathaway Homestate Companies
  •  Blue Care Network
  • Blue Cross Blue Shield of Michigan
  •  Chubb
  • Delta Dental
  • Encompass
  • Foremost
  • Grange
  •  Hagerty
  •  Hartford
  • Health Alliance Plan
  •  International Medical Group
  •  Liberty Union
  • Mainstreet
  • McLaren
  •  Molina
  •  National General
  • One Share
  • Oscar
  •  Physicians Health Plan
  •  Priority Health
  • Progressive
  • Safeco
  •  State Auto
  •  Travelers
  • Total Health Care
  • US Life & Health
  •  VSP Vision