Did you know that it is necessary to review your umbrella policy annually? This way, you can keep it up to date and make sure you are getting the best coverage possible.
Umbrella insurance can be a way to protect a business as well as your home and possessions. Do you have a small business that you operate out of your home? Imagine what could happen if a customer is injured on your property.
Generally, your primary policies will cover personal injury and property damage, but umbrella coverage is a little more extensive. Umbrella policies cover you in case of any bodily injury or property damage cause by you, your pets, or your dependents, directly or indirectly.
Did you know that almost every state has in place financial responsibility laws that hold drivers accountable for any damage resulting from a car accident and that the at-fault driver can be sued? In this case, an umbrella policy can help keep you covered.
We know that riding bicycles has many advantages - from health to bettering the environment. However, if you ride competitively, did you know that you could face legal problems if there is an accident and you are found culpable? An umbrella policy as an extension of your homeowner’s policy can provide additional protection.
A common insurance myth is that umbrella insurance is only for the rich. In fact, mishaps happen and everyone these days is at risk for potentially getting sued over such incidents as a car accident or a fall on one’s property.
Changes in life can make umbrella coverage – or excess liability insurance – a good idea. If you start a home-based business, the $10,000 in medical coverage you might have on your homeowner’s policy may not be sufficient, particularly if your business attracts a steady stream of clients and visitors.
Did you know that umbrella insurance policies cover certain incidents not covered by many homeowners’ policies? This would include, for instance, damage caused by your dog.
Have you ever read about a large jury verdict? How do those defendants pay the cost of those verdicts, not to mention their lawyers? If their home or auto liability coverage isn’t enough, it’s possible those defendants may go bankrupt because of a significant jury verdict.
Bodily injury liability is one type of coverage you receive when you invest in an umbrella policy. It covers the cost of damages to someone else’s body, such as injuries resulting from a serious accident.
Did you know that an umbrella policy covers many different situations? These include bodily injuries, property damage, certain lawsuits, and rental unit protection.
Did you know that you could be liable for bodily injury costs if your dog bites someone? An umbrella policy can cover these so you do not have to deal with the financial repercussions.
Whether you're gearing up for a move or just trying to organize all the "stuff" you have in your garage, Travelers has tips to help you declutter like a pro. http://tkpl.us/gaieu
Umbrella policies are all about providing peace of mind. If your auto coverage, for example, offers a maximum of $200,000 for injuries to others, what would you do if a serious accident you caused created $500,000 in injuries? Without umbrella coverage, your home and property could be taken away.
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10 Reasons to Get a Home Generator
Umbrella insurance makes a great addition to your insurance portfolio. It’s a great way to ensure that significant assets are covered for a relatively inexpensive price.
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Understanding an Umbrella Policy
Are you prepared for when the unexpected strikes? With #hurricaneseason in full swing, it’s important to know what to do before, during AND after a hurricane.
If your assets have grown in the last few years, you may need to update your umbrella insurance policy. Extra liability insurance may be needed to protect the additional financial or business assets that you have acquired.
An important issue to consider these days is how far your current insurance protection will really go to protect you. In today’s litigious society, a good umbrella policy will ensure that you have all the coverage you need.
Did you know that umbrella policies did not become widely known and sold until the 1960s? In fact, many businesses did not purchase their first umbrella policies until the 1970s.
Do you host a lot of parties for your kids? While these can be great fun, they can lead to accidents, which can, in turn, lead to you getting sued by angry parents. Umbrella policies are there just in case of accidents, so you can focus on the fun instead of worrying about lawsuits.
When it comes to your business, a carefully constructed umbrella insurance policy can cover all of your insurance needs, saving you money and leaving you with much more comprehensive coverage.
There are some events that are not typically covered by liability insurance. For example, neither libel nor slander is usually covered. If you become an active blogger on different topics, an umbrella policy to protect against libel or slander actions could become crucial.