{"id":129,"date":"2026-06-30T04:00:00","date_gmt":"2026-06-30T10:00:00","guid":{"rendered":"https:\/\/www.penagency.com\/blog\/?p=129"},"modified":"2026-06-17T13:31:40","modified_gmt":"2026-06-17T19:31:40","slug":"how-much-umbrella-insurance-coverage-can-you-get","status":"publish","type":"post","link":"https:\/\/www.penagency.com\/blog\/how-much-umbrella-insurance-coverage-can-you-get\/","title":{"rendered":"How Much Umbrella Insurance Coverage Can You Get?"},"content":{"rendered":"

Personal umbrella insurance will ensure that you don’t have to sell your assets or have your future wages garnished if there’s a situation that results in a lawsuit. It’s important to make sure you have ample coverage before you get served with court papers. <\/span><\/span><\/span><\/p>\n

How Much Coverage Can You Get?<\/span><\/span><\/span><\/h3>\n

Most policies for Gainesville FL start at $1 million. Many companies start at $500,000, but this varies by company. You may be able to purchase additional coverage in $1 million or $5 million increments. Companies may offer millions of dollars worth of coverage. It’s important to speak with a representative at Peninsula Underwriters Insurance Agency to learn how much coverage we offer. <\/span><\/span><\/span><\/p>\n

How Much Coverage Should You Get?<\/span><\/span><\/span><\/h3>\n

We usually advise that you total your assets to determine your net worth. Your coverage level should at least match your net worth. If you don’t know your net worth, a financial advisor can help you figure it out. <\/span><\/span><\/span><\/p>\n

Once you know your net worth, you know the starting point. Then, it’s important to determine whether you need more coverage. High-net-worth individuals are frequently targeted by others, so it’s important to purchase additional coverage. <\/span><\/span><\/span><\/p>\n

You should also look at your future earning potential. A judgment against you can lead to them garnishing future wages and income to pay your debt. An umbrella policy should be enough to protect your future assets as well. If your business is still growing, consider purchasing additional coverage. <\/span><\/span><\/span><\/p>\n

Here at Peninsula Underwriters Insurance Agency, we understand how important your coverage is for your financial health. Our agents have the experience and knowledge you need to determine how much coverage you should get. Contact us today. We’re currently serving the Gainesville FL area. <\/span><\/span><\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Personal umbrella insurance will ensure that you don’t have to sell your assets or have your future wages garnished if there’s a situation that results in a lawsuit. It’s important to make sure you have ample coverage before you get served with court papers.  How Much Coverage Can You Get? Most policies for Gainesville FL […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[21,20,26,11,28],"class_list":["post-129","post","type-post","status-publish","format-standard","hentry","category-umbrella-insurance","tag-fl","tag-gainesville","tag-insurance","tag-peninsula-underwriters-insurance-agency","tag-umbrella"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t