An umbrella insurance policy protects your assets and future income beyond the standard limits of your traditional home, auto or other vehicle’s insurance. It is designed to give you added liability protection from major claims and lawsuits.
What does umbrella insurance cover?
Umbrella insurance coverage can vary between providers but typically protects you from lawsuits and personal liability situations. A few examples include:
Injury Claims - Covers bodily injury, medical bills and liability claims due to:
- Auto accidents
- Dog bites
- Boating accidents
Home or Renters Claims- Protects the homeowner or landlord from liability if:
- A trip-and-fall incident or an accident occurs on your property
- A renter’s pet injures someone
Lawsuits- Umbrella policies cover a wide variety of lawsuits if you are sued.
To be eligible for umbrella insurance, you must have liability insurance – homeowners, auto, and other vehicle insurance (if applicable) with certain coverage limits.
To find out more about umbrella insurance policies, contact an Insurance Specialist today at 1-877-284-2424.
