Some people may not know that sometimes insurance policies aren’t enough to cover all expenses involved in an insurance claim. Often, the cost of the claim is higher than the terms of the policy, and you must pay the rest out of pocket. Umbrella insurance exists to help protect you during these situations.
Umbrella insurance provides extra coverage beyond the limits of current insurance policies. Umbrella insurance does not cover personal injury or property damage. It can cover the following:
This includes car accidents in which someone other than you is seriously injured, and you are at fault. It also includes injury to others by your dog or if a guest is injured in your home by falling or other accidental means. These bodily injury situations can be costly, but umbrella insurance can help alleviate costs not covered by your regular home or auto insurance.
This is needed when someone else’s property is damaged by you or your vehicle. For example, if you run off the road and hit someone’s home, umbrella insurance can help cover the costs not covered by your current insurance policy.
Umbrella insurance can also help rental owners protect themselves if one of their tenant’s animals hurts someone or if someone is accidentally injured on the rental property. It can also help in some situations where you are being sued.
Umbrella insurance can be a real lifesaver. The professional staff at The Mitchell Agency LLC in Montgomery, AL can help you find a great umbrella insurance policy to supplement your current insurance policies. We can listen to your concerns and suggest the best coverage option to protect you. Please give us a call or stop by The Mitchell Agency LLC in Montgomery, AL to discuss options and get a quote today.
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