Umbrella Policy Tampa FL |
$1M-$5M Coverage Available
About
Umbrella Insurance
Nobody thinks about umbrella insurance until its too late. Your cruising down Bayshore Boulevard, not paying attention for two seconds, and boom – serious accident. Or someone gets hurt at your place in Hyde Park during a barbecue. Maybe your teenager takes the car out and crashes it bad. Now your staring down a lawsuit that’s gonna cost way more than what your auto or home insurance covers.
Happened to this couple from South Tampa last year. Their son had an accident near USF. He was at fault, other driver got messed up pretty bad. Medical bills kept piling up. The lawsuit hit $800,000 but their auto insurance? Only covered $300,000. They didn’t have umbrella insurance and now their panicking about losing the house, the savings, everything they spent 30 years building. Called Webb Insurance asking if they could get coverage now. Too late.
See, that’s the whole thing with umbrella policy insurance in Tampa, FL. Gotta have it before stuff goes sideways, not after. Don’t matter if you own a home in Westchase, rent out some properties in Brandon, or got a boat you take out on the bay every weekend. An umbrella policy throws extra liability protection on top of your regular insurance. Most policies start at a million bucks and honestly cost less than you’d think.
Webb Insurance helps Tampa families figure out how much umbrella policy coverage they actually need without getting ripped off. Instead of calling some 1-800 number where your talking to someone three states away who’s never even been to Florida, you work with people who live here. They get what the liability risks are around Tampa.
What This Umbrella Policy Insurance Actually Covers
Umbrella insurance is basically backup for when your regular insurance taps out. Here’s the stuff it protects you from:
Car accidents where your at fault and someone gets seriously hurt. Accidents at your house – guest trips down the stairs, kid gets hurt in the pool, whatever. Dog bites (yes, even if your dog is “friendly”). Injuries on rental properties you own. Boat accidents on Tampa Bay or the river.
Legal costs too. Lawyer fees when someone decides to sue you. Court costs, settlements, all that expensive stuff. Even covers defense costs if the lawsuit turns out to be total garbage.
Other random liability stuff comes up. Like your kid borrows someone’s car and wrecks it. Libel or slander claims – yeah, that’s a thing. Wrongful eviction if you own rentals and mess up the paperwork.
Coverage usually starts at a million and goes up to five million or more. Most Tampa families go with one or two million. Really depends on what you got to lose.
How This Works
Think of it sitting above your other insurance policies like an actual umbrella policy. When those policies max out, this one opens up and covers the rest.
Say you cause a car accident and the lawsuit hits $800,000. Your auto insurance pays out $300,000. Without umbrella policy insurance? You pay that other $500,000 yourself. With umbrella? It pays that $500,000 and your done.
Guest gets hurt at your house, sues for $600,000. Home insurance covers $300,000. You either pay $300,000 from your own savings or umbrella policy takes care of it.
Guest gets hurt at your house, sues for $600,000. Home insurance covers $300,000. You either pay $300,000 from your own savings or umbrella takes care of it.
Boat accident runs up to $1.2 million. Your boat insurance covers $300,000. Without umbrella policy your probably losing the house to pay that $900,000. With umbrella? House stays yours.
Getting Approved
Insurance companies won’t just sell you umbrella coverage without checking your other policies first. They make you have certain minimums. Usually need at least $250,000/$500,000 on auto liability, at least $300,000 on home liability, and if you own a boat they want $300,000 there too.
Stuff People Always Ask
How much does it cost? Most million dollar policies run $150 to $300 a year. That’s like fifteen, twenty bucks a month. Two million costs maybe fifty or seventy-five more per year. Honestly one of the cheaper insurances out there.
Do you need it if you don’t own much? Yeah, actually. Because they can garnish your wages. Take money straight from your paycheck for years and years. Even if you don’t own anything now, your future earnings are fair game.
Does it cover teenage drivers? Yep. Anyone living in your house is covered. This is huge because teenagers cause way more accidents than adults. Your 17-year-old crashes the car and hurts someone real bad, umbrella policy protects the whole family.
Why Tampa Residences Specifically Needs Umbrella Policy Insurance
Traffic here is brutal. Dale Mabry, I-275, the Veteran’s Expressway – there’s accidents literally every single day. More cars packed together means more chances for something serious to happen. One bad wreck during rush hour on Howard Frankland and your whole financial life could blow up.
Water stuff is another big one. Tampa Bay, the Hillsborough River, all the lakes around here. Tons of people own boats or jet skis. Water accidents get real bad real quick. Drownings, propeller injuries, boats crashing into each other. These lawsuits cost a fortune.
Swimming pools. Basically every house in Tampa either has a pool or knows someone with one. Amazing in the heat, no question. But also a massive liability risk. Someone drowns at your pool party and your looking at a huge lawsuit. Doesn’t even matter if they were drunk or being stupid. Your the homeowner, your responsible.
Rental properties. So many people around Tampa own rentals. Maybe you kept your old house when you upgraded. Maybe you bought an investment property near USF to rent to students. Landlords get hit with all kinds of liability stuff. Slip and falls, injuries from maintenance issues, wrongful eviction claims if you mess up the paperwork. One tenant lawsuit can wipe out everything.
Teen drivers make Tampa roads even scarier. Your kid drives to Plant High or Robinson every day. Takes I-75 up to Wesley Chapel to hang with friends. One mistake on a busy highway and people die. If your teenager causes a fatal accident and the lawsuit hits two million, your auto insurance covers maybe $300,000. Where’s the other $1.7 million coming from?
Real Stories From Around Here
This doctor from South Tampa was heading home from Tampa General late one night. Exhausted after a crazy long shift. Ran a red light on Kennedy Boulevard and completely T-boned another car. Other driver ended up with broken bones, head trauma, months of medical treatment. Lawsuit came to $1.2 million.
His auto insurance covered $500,000. Without umbrella he would’ve been personally responsible for $700,000. His house, savings, his kids college money – all of it at risk. But he had a two million dollar umbrella policy through Webb Insurance. Covered that whole $700,000. Family didn’t lose a thing. He still tells everyone that umbrella insurance literally saved his life.
Then there’s this family in Westchase who threw a graduation party for their daughter. Maybe 30 people came through. One guest drank too much and decided to dive into the shallow end of the pool. Broke his neck. Got paralyzed.
Guy sued for $2.5 million. Medical expenses, lost wages, pain and suffering, the whole nine yards. Their homeowners insurance had $300,000 in liability. That left $2.2 million hanging out there. Lucky for them they’d picked up a three million umbrella policy through Webb Insurance two years back when they bought the house. Umbrella covered everything above what the home insurance paid. Without it they would’ve lost the house for sure, probably filed bankruptcy.
Landlord over in Brandon owned three rental properties near the mall. Tenant stopped paying during COVID. Landlord started eviction but made some mistakes with the paperwork and timing. Tenant turned around and sued. Wrongful eviction, emotional distress, bunch of other claims. Asked for $850,000.
Landlord insurance covered $500,000. Guy thought he was good. Case went sideways though and settlement hit $750,000. Landlord policy paid the $500,000, umbrella kicked in for the other $250,000. Without that umbrella he would’ve had to sell two of the three properties just to cover the settlement.
Getting Set Up Through Webb Insurance
Process is pretty straightforward. Takes maybe half an hour total.
First they look at what you already got. Webb Insurance checks your current auto and home policies to see if the liability limits meet requirements for umbrella. Takes five minutes on the phone or you can just email your policy stuff to info@webbinsgroup.com.
Then they help figure out how much coverage makes sense. General rule is get umbrella coverage equal to what your worth. Own a $400,000 house with $100,000 equity? Got $200,000 sitting in retirement? Probably want at least a million in umbrella. Webb Insurance team walks you through it based on what you own and how risky your situation is.
They shop it around with different carriers. Progressive, Travelers, Nationwide, others. Sometimes one company comes in way cheaper than another for the exact same coverage. You want options.
Most carriers give fat discounts if you bundle umbrella with your auto and home through them. Sometimes the discount is so good that switching everything over actually costs less than what your paying now split between different companies. Webb Insurance runs all the numbers.
Once you pick something they can usually add coverage same day. Not complicated like getting a whole new home policy. Carrier already has your info from the other policies. Just gotta sign a few forms and your covered.
Need your current auto and home policy details, list of vehicles you own, properties, any boats or RVs, how many drivers in the household, rental properties if you got any.
Why Tampa Residences Go With Webb Insurance
Webb Insurance has been around Tamxfpa for over 20 years helping people protect what they own. Team lives right here – Carrollwood, New Tampa, South Tampa, same neighborhoods as everyone else. They drive the same roads. Kids go to the same schools. They get it.
Seen plenty of situations over the years where people didn’t have enough coverage. Family lost their house over a boat accident. Couple had to file bankruptcy after their kid caused a bad wreck. Landlord got sued by a tenant and lost everything. Those stories stick with you. That’s why the team takes this stuff seriously.
Couple from Carrollwood called because their agent quoted them $600 a year for a million in coverage. Seemed steep. Webb Insurance shopped it with four carriers and found the same exact policy for $210. Saved them almost $400 every year. They were pretty ticked they’d been overpaying but glad they finally got a fair shake.
Young guy in Hyde Park renting an apartment didn’t think he needed umbrella. Drove a basic car, didn’t own property, figured he was fine. Webb Insurance explained that Florida lets them garnish wages for lawsuit judgments. He causes a serious accident tomorrow, they can take 25% of his paycheck for the next 20 years. That changed his mind quick. Added a million dollar policy for $18 a month.
Family in New Tampa owned their home, had two teenage drivers. Previous agent never said anything about umbrella coverage. When they switched to Webb Insurance for cheaper auto rates, team recommended a two million umbrella. Cost an extra $250 per year. Six months later their 17-year-old rear-ended someone at a light on Bruce B Downs. Minor injuries, nothing major. But it reminded them how fast everything can go wrong. Real glad they had that coverage already in place.
Get Your Quote
Don’t sit around waiting for an accident to happen. Webb Insurance makes getting umbrella coverage simple and cheap.
Got a house in South Tampa? Teenage drivers? Boat at Harbour Island? Rental properties around Brandon? Team at Webb Insurance helps figure out how much coverage you need. They work with multiple carriers to find good rates – usually way less than you’d expect.
Call (813) 887-5531 right now.
Talk to someone who lives in Tampa and gets Florida liability risks. Not some call center person in another state reading off a script. Team reviews your policies and gives honest input about whether you need umbrella and how much.
Or shoot an email to info@webbinsgroup.com.
Send over your current auto and home insurance stuff. Anything about boats, rentals, whatever else you own. Someone gets back with umbrella quotes from multiple carriers within 24 hours. Usually way faster than that.
They check your current limits. Recommend a coverage amount. Shop it with different companies. Show you bundle options if that saves money. Can usually add coverage same day or next business day. Quick process, just sign forms and your done.
Serves Tampa, South Tampa, New Tampa, Carrollwood, Westchase, Brandon, Riverview, Temple Terrace, Lutz, Wesley Chapel, all of Hillsborough County. Policies protect you anywhere in the US though.
Don’t Gamble Everything
Every single day without umbrella insurance your basically gambling everything you own on nothing bad happening. Your house. Savings. Kids college fund. Future paychecks. All of it at risk if one accident goes down.
Think about spending $150 a year for a million dollars of protection. That’s twelve bucks a month. Less than Netflix costs. Less than lunch at Bern’s. But it protects literally everything you worked your whole life to build.
Webb Insurance has helped thousands of Tampa families add coverage before stuff went sideways. Team knows which situations need more protection. Knows which carriers offer decent rates in Florida. Gives honest advice about what you actually need versus what someone’s trying to push on you.
Get your free quote. One accident shouldn’t wreck your entire financial life.
Umbrella policies can add more than one million dollars in liability protection, and at very little cost to you. With this policy, which is over-and-above your current homeowner’s or auto insurance, you and your assets will remain protected.
