Evaluate Your Current Coverage

Start by reviewing your existing USAA umbrella insurance policy. Take a close look at your coverage limits, exclusions, and any additional riders you may have added. Understanding the specifics of your policy is crucial in determining where it may fall short.

Ask yourself questions such as:

• Does the policy provide enough liability coverage for my assets?
• Am I adequately protected against potential lawsuits?
• Have my personal circumstances changed, warranting increased coverage?

Identify Gaps in Coverage

Next, assess whether your current USAA umbrella insurance adequately covers your unique risks. For example, if you’ve recently acquired significant assets, such as a new home or rental properties, you may need to increase your liability limits.

Additionally, consider lifestyle changes, such as starting a business or becoming more involved in community activities, which may expose you to higher liability risks. Identifying these gaps helps you understand what adjustments are necessary.

Consult with a USAA Agent

After evaluating your coverage, the next step is to consult with a USAA insurance agent. They can provide insights on your policy and recommend potential adjustments based on your individual needs and circumstances.

Ask your agent about:

• Increasing your policy limits for better coverage.
• Adding any necessary endorsements or riders.
• Alternatives offered by USAA that might better meet your needs.

Consider Additional Coverage Options

If after speaking with your agent you still feel that your USAA umbrella insurance is inadequate, it may be time to explore additional coverage options. This can include increasing your underlying home or auto insurance limits, which can positively impact your umbrella coverage.

You may also consider obtaining a separate policy that addresses specific risks, such as professional liability insurance if you're a business owner or additional liability coverage for personal activities.

Shop Around for Better Options

If USAA umbrella insurance is still not meeting your needs, consider shopping around. Different insurers offer varying policies, pricing, and coverage limits. Research and compare options to find a policy that aligns better with your requirements.

You can utilize online quote tools, consult with independent insurance agents, or reach out to multiple carriers to obtain quotes and policy details.

Review Regularly

Lastly, it’s essential to regularly review your insurance policies, especially after significant life changes. Annual evaluations will keep you aware of your coverage needs and help ensure that you have adequate protection as your circumstances evolve.