How To Avoid Losing Your Hard Earned Assets With Umbrella Insurance

In a flash, you could lose all you own. It’s an unpleasant thought, so let’s talk about how it could happen and more importantly, how it could be prevented.

Over time you have built up some impressive assets—maybe a couple of nice cars, a boat, and comfortable home in New Jersey. Maybe you even had enough good fortune to purchase another home on the Jersey Shore.

Hard earned as they are, you really don’t want to lose your possessions. They are yours for you and your family to enjoy - hopefully for years to come.

But suddenly, almost before you know it, a completely unexpected and unavoidable accident has led to a multimillion-dollar lawsuit against you. And while the judge has reduced the amount the plaintiff requested, it’s still an enormous sum. In fact, it’s $300,000 more than your homeowner limits will cover.

With one unfortunate incident, you have just been wiped out. You now have to sell your lovely summer home and that is still not enough to pay the judgment.

New Jersey Umbrella Insurance Solution

This is only a scenario but it points out that when you have assets, whatever they are worth, you need to protect them.

One of the most inexpensive and cost-effective ways to do that is with umbrella insurance. This protection kicks in when the limits of your homeowners and auto policies are reached. Purchasing this inexpensive but valuable protection can mean the difference between a small obstacle that can be overcome and financial ruin.

Let us make sure you are fully-protected. All you have to do is complete the Protection Savings Form on this page right now. You will be contacted by one of our umbrella insurance specialists at Hauswirth & Sons Insurance Consultants. We’re based right here in Forked River, NJ so we’re local and know about your needs. Together, we will discuss how you can get rock-solid protection for all of your assets.