If you need insurance for additional liability protection that exceeds your current insurance, an umbrella insurance policy may be just the thing for you. If so, you may be wondering what sort of information will be required of you when you apply for Umbrella insurance.
For a start, your insurance agent or broker will typically need your name, birth date, sex, marital status, years licensed, and occupation of all drivers in your household. Additionally, he or she will require violation and accident information for the past five years for all drivers in your household. Next, you’ll need to provide a list of all you own, which includes your home, autos, watercraft, recreational vehicles, rental units, land, and motorcycles.
Be prepared to provide data concerning your current insurance company, including expiration dates, and any claims over the past five years. Lastly, know the liability limit you want or need, for most familys the amount is typically between one and five million dollars.
There are important bits of information that may be necessary when purchasing umbrella insurance. But the more prepared you are, the easier this process will be. It might pay to take the time to check and write all the required information down, rather than depending upon your memory. Bringing in your current policy documents might be the easiest and best thing to do.
