Umbrella Insurance
Protecting What Matters Most
Life is unpredictable, and sometimes, the unexpected happens. Your existing insurance policies may provide you with a safety net, but what if an unfortunate event exceeds their limits? This is where Umbrella Insurance comes into play. It's the extra layer of protection that shields you from financial devastation when the unexpected occurs.
What is Umbrella Insurance?
- Umbrella insurance is a type of personal liability insurance that covers claims in excess of regular homeowners, auto, or watercraft policy coverage.
- Umbrella insurance covers not just the policyholder, but also other members of their family or household.
- Umbrella insurance coverage covers injury to others or damage to their possessions; it doesn't protect the policyholder's property.
- Umbrella insurance is quite cheap compared to other types of insurance.
Why Do You Need Umbrella Insurance?
Asset Protection
Your home, savings, investments, and future earnings are all assets at risk. Umbrella Insurance provides an additional layer of protection above and beyond your primary insurance policies, ensuring that your assets remain safe.
Liability Coverage
Accidents can happen, and you might be held responsible for injuries or damages. Umbrella Insurance helps cover liability costs that exceed the limits of your auto, home, or other insurance policies.
Peace of Mind
Knowing that you have extra protection in place can provide you with peace of mind. You can focus on living your life without constantly worrying about financial setbacks.
What Does Umbrella Insurance Cover?
Bodily Injury Liability
Covers medical bills, legal fees, and damages if you're responsible for an accident that injures someone else.
Property Damage Liability
Covers property damage costs if you accidentally damage someone else's property.
Personal Injury
Protects against personal liability claims, such as slander, libel, false arrest, or wrongful eviction.
Legal Defense Costs
Covers legal fees, court costs, and attorney expenses if you're involved in a lawsuit.
Additional Coverage
Our umbrella policy can extend coverage for situations that may not be covered by your other insurance policies.
Even the most careful person with the best intentions can end up on the hook for a huge judgment from a personal liability lawsuit. While you’re unlikely to find yourself in this situation, it’s still smart to protect yourself against such a devastating financial loss. Umbrella insurance can help you do that.