Umbrella Insurance
Overview
Umbrella insurance provides additional liability coverage that goes beyond the limits of your existing policies, such as auto, home, or watercraft insurance. It offers an extra layer of protection for your assets, including home equity, retirement savings, and more, in case you are sued for damages that exceed your primary liability limits.
Types of Coverage:
Personal Injury Coverage: Covers claims of libel, slander, defamation of character, and more.
Worldwide Coverage: Provides protection for incidents that happen abroad.
Vacation Rental Liability Coverage: Covers accidents involving boats, jet skis, scooters, and other rentals.
Defense Coverage: Covers legal fees and court costs if you are sued.
Factors Affecting Premiums:
Coverage Amount: Higher coverage limits will increase your premium.
Risk Factors: Owning high-risk assets like ATVs, RVs, boats, or motorcycles can affect your premiums.
Claims History: A history of frequent claims can lead to higher premiums.
Location: Where you live can impact your insurance costs due to local regulations and risks.
How to Get a Quote: To get a quote for umbrella insurance, please visit our business insurance quote form.