Who Should Get an Umbrella Insurance Policy

If you own a home or have a lot of assets to protect, umbrella insurance can protect you when there is an accident or event where you may wind up being sued. Since you can’t foresee when something will happen, staying covered can be a wise choice and you may be thankful you had insurance to protect you and your assets. You may quickly find yourself in a civil suit if another person is injured on your property, vehicle or because of something you did. Umbrella insurance can protect you in these events. 

Many People Benefit From Umbrella Insurance

Owning a home can make you vulnerable to liabilities should something happen to another person on your property. Homeowners aren’t the only ones who benefit from umbrella insurance. People who have services like coaching or volunteering, vehicle owners, and those who own rental properties are just a few types of people who can be covered with umbrella insurance. This type of insurance gives extra personal protection where your standard homeowners and vehicle insurance may not cover such incidents and accidents. 

How Does It Work

Umbrella insurance can help pay legal expenses in liability cases whether you win or lose a civil suit. If you lose a case, things like having your wages garnished can happen and be covered with umbrella insurance can offset this so you don’t wind up paying for years.

If you are a homeowner, own rental properties or have a business working with people, getting umbrella insurance can be a good way to protect yourself if an accident happens and you are sued. Call Express Insurance of Longwood, FL to set up an appointment to speak to a representative about umbrella insurance. We will be happy to help you with your insurance needs to give you greater peace of mind.