Umbrella Insurance

What is it?

Umbrella insurance is a type of insurance policy designed to protect against excess liability not covered by other policies. The term “umbrella” is used because it can cover these excess damages for any type of policy, including home insurance, boat insurance, auto insurance, and so forth. It also covers against liabilities not specified in other policies.

 

 

 

Home + Vehicles

Life + Income

Business

Toys

Who is it for?

This type of coverage is ideal for anyone who wants to safeguard against the high costs of lawsuits or against types of liabilities that are not covered under their other insurance policies. In addition to legal fees that are often related to lawsuits, umbrella policies can also cover against false arrest, slander, and invasion of privacy.

How it works

Umbrella policies are used to protect finances and assets that could be otherwise at risk. Retirement funds, investments, savings, material assets, and even future earnings can be at risk, for example, in the case of a lawsuit.

To receive coverage under this type of policy, there are certain prerequisite insurance policies that must be met. Usually, you must be covered up to a certain amount for property damage and bodily harm on both your car insurance and homeowners insurance.

Different types of coverage in existence

Coverage limits range upwards of $1 million and are based on your qualifications. Each policy’s premium and coverage limit is determined by several factors, including your preexisting policies and financial assets. The average annual premiums for a coverage limit of $1 million is often around $200 a year.

Major benefits

This type of insurance is useful to protect against catastrophic financial loss, costly legal expenses, and gaps in other insurance policies. Originally, this type of insurance was created to protect against lawsuits that pushed liability over the limits of an existing policy.

Lawsuits can exceed standard policy protections by hundreds of thousands of dollars, and the peace of mind offered by this protection is one of the major advantages offered by umbrella policies.

 

BIG Revelations from

other customers

Have always been helpful and easy to get in contact with.
J Smith
J Smith
Very nice staff and very quick to help with any needs I might have.
Emily Guzman
Emily Guzman
They have always been responsive and helpful and gotten me good prices.
David Smoot
David Smoot
IIC has been our homeowner insurance provider for 40+ years. Mike and family have helped us through flood and wind all that time and I’m grateful for their support.
Sandy Horine
Sandy Horine
Everyone of you keep me taken care of and i appreciate all you do for me
lindia ward
lindia ward
Great insurance company always friendly and helpful
Jeffrey Lewis
Jeffrey Lewis
I have done business with Independent insurance for 30 years and have been served well. They are dependable and will help you in any way they can.
Pam Waters
Pam Waters
Great experience. Amber found me a more comprehensive policy for less money. Followed up with me in a timely manner.
Gerald Enochs
Gerald Enochs
Mike Lansford and the friendly and competent staff at Independent Insurance Counselors in Alvin have been serving our family for over 20 years. Having used them for our homeowners, automobile and health insurance needs, they have helped us deal with issues small (fender benders) and large (Hurricane Ike). Mike has offered us good advice on repeated occasions. He is trustworthy, competent, and customer oriented. Highly recommended!
Mark Mayberry
Mark Mayberry
They have been our insurance go to for over 20 years!!!!! Everyone is so helpful!!
Tom Selleck
Tom Selleck
We have always been treated as valued customers and they have always found us great rates. They are very helpful in finding out the best solutions to meet your needs.
Ben Harris
Ben Harris
I have been doing business with Independent Insurance Counselors for many years. I have my home and car insurance through them. They are very efficient and thorough and I would not think of having any other company handle my insurance affairs. They have always done a great job for me.
Debra Fischer
Debra Fischer
I have been a happy customer of Independent Insurance Counselors for years now and the staff must certainly be hand picked for knowledge, courtesy, friendliness and among many other fine qualities, their eagerness to stay on top of making sure their customers always have the lowest rates. I have always been that person who feels a bit of resentment paying for a service you never use or hope you never need but with Independent I always feel like my money’s going a long way.
Sherma T
Sherma T
I've been with Independent Insurance for many, many years and I'd never want to go with any other company. They're unfailingly courteous, professional and friendly. Their customer service is fantastic!
Michelle Smith
Michelle Smith
saved me a lot of money and great service
nancy ferverda
nancy ferverda
Many markets to choose from. The staff is knowledgeable and looks out for your best interests. Quick response time. Reviews my policy at renewal time and informs me of other options that will save me money!
Amber Stavinoha
Amber Stavinoha
Went to Independent Ins. Counselors after being with my Ins.co. for 40 yrs.. they changed hands and my premiums went off the charts. They would not work with me. The counselor Rhonna at Independence worked so hard and saved me somewhere around $1,000 a year between my home owners and car policies. Thank you guys.
Gladys Dekenipp
Gladys Dekenipp
Very friendly, knowledgeable and helpful. They explained the different coverages to us and then shopped the numerous companies they represent to find us the best deal to meet our needs. We are very satisfied with the service Independent Insurance Counselors provides. They handle our home, auto and life insurance.
Karen Duston
Karen Duston
Ownership of Agency has been same family and staff for many years with complete regard for their insured clients. One of the last complete, full service, independent insurance agencies still in our area.
J. R. Dick Tyson
J. R. Dick Tyson
Bundled all my insurance needs. Excellent service and support with fair pricing.
mike clawson
mike clawson
ALWAY BEEN THERE FOR US.
TERYXNRA
TERYXNRA
When I call and talk to Becky I get great service. I've been talking with her for years. Dedicated %1000.
A Ernst
A Ernst
Got us the coverage we needed.
David Boren
David Boren
I was really impressed with how detailed Mike was going over each option individually. When evaluating car insurance in the past, there was no good way to know how different choices affect the premium you pay, but Mike went through methodically and made sure I had the best coverage for the money. I got better coverage for the things I needed (and removed stuff I didn't need) and saved a lot of money.
Bobby Guy
Bobby Guy
I had an excellent experience with Independent Insurance Counselors. I am new to Texas and needed to revise my auto insurance to comply with Texas. Rhonna Benbrook was very friendly, professional, and helpful in getting everything taken care of. Thank you Rhonna & Independent Insurance Counselors.
Frances Huff
Frances Huff
Mike Lansford recently helped us with Medicare Part B and D supplemental insurances. In fact, all of our insurance is through Independent Insurance Counselors. Mike and his staff have always been of great help, and, we have been with them for many years. You cannot go wrong in getting them to assist you with any of your insurance needs.
patti369
patti369
Hometown business. Friendly staff
Patrick Butler
Patrick Butler

(281) 331-3131

302 South Gordon St. | Alvin, TX. 77511