How an Umbrella Insurance Policy Protects Your Family’s Future

Families who work hard to prepare a future for their families should have this future secured in the event of a liability claim that could wipe out your assets. The protection of a standard home or auto insurance plan has its limitations and limits for financial coverage. Umbrella insurance gives that extra layer of protection to families and their benefit can protect your family’s future. For those residing in the Harrisburg, PA area, purchasing umbrella insurance is easier than you think. 

Financial Costs After Coverage

If either of your home or auto policies reach their coverage limit, the remaining expenses for any outstanding claims will fall to your responsibility. Unfortunately, when this happens, families turn to their savings for assistance or liens against assets for financial assistance. Sometimes homeowners may have to sell any assets such as stocks and retirement funds. Liens and depleted assets can destroy the financial stability you have been building for your family. Saving for college education and retirement can be out of the question for those without this additional coverage. 

Cover the Full Value

When you purchase your policy, an agent with Henderson Insurance Agency will assist you with receiving the proper coverage to protect your assets. You need to consider the value of all of your current possessions, as well as any retirement, college, or general savings that you currently have. Because the potential to sue for future income is available, you should also consider your estimated future income for your umbrella policy. Any asset that can be used as collateral should be covered. Having this coverage will secure your assets and protect your family’s financial future. 

Protect Your Family Today

If you live in or around the Harrisburg, PA area, look no further for your umbrella insurance policy. Contact an agent today at Henderson Insurance Agency to begin preparing your umbrella insurance policy and protect your family’s future. 

What is Toy Insurance?

Toys are not just for kids anymore. Chances are you have a few grown-up toys in your garage or on your wish list. Either way, these toys will need insurance. Whether your love is your collection of vintage Barbie dolls, old stamps, or a fleet of ATVs, protect your toys from damage and theft with toy insurance in Harrisburg, PA.

What Toys Qualify under Toy Insurance?
Generally speaking, toy insurance is coverage that protects your toys. These can be any of the following:

Land Vehicles: These include campers, trailers, motorhomes, antique cars, ATVs, golf carts, recreational vehicles, snowmobiles, and more.

Watercraft: These includes jet skis, sailboats, watercraft, and more. The criteria for insuring these toys include watercraft up to 26 feet in length and sailboats up to 40 feet in length with a horsepower of 200. 

Collectibles: These include any collection that is worth a sizeable amount, such as stamps or collectible toys. 

Why You Should Purchase Toy Insurance

While your collectibles may be safely tucked away inside a locked cabinet, they are still prone to damage or theft. For other toys, especially watercraft and land toys, these can pose a danger if there were to be an accident. Protect yourself and your investment with toy insurance that covers damage to property, personal injury and more. Having toy insurance will also give you peace of mind knowing that if anything happens, you’re covered.  

How to Purchase Toy Insurance

To start with, it’s a good idea to work with a reputable insurance agency, like the agents at Henderson Insurance Agency. Since toy insurance is not the most common type of policy people buy, it’s best to consult an insurance agent about what can be covered and at what price. Contact Henderson Insurance Agency serving the Harrisburg, PA area today to learn more.