Umbrella Coverage Information
If an accident or something unanticipated occurs for which you’re legally responsible and you don’t have the proper protections in place, you might jeopardize your financial well-being. Even though you may have the proper personal lines of insurance, such as auto and homeowners or renters insurance, you may benefit from securing an added layer of financial protection. Umbrella insurance can help provide such protection, and we can help you learn more about this line of coverage, as well as get a policy quote today. Call us to learn more.
What Is Umbrella Insurance?
Umbrella insurance is an added layer of financial protection against potentially damaging and expensive liability claims. Umbrella insurance can protect against liability claims, including libel, slander and false imprisonment. An umbrella policy typically covers you and applies to your spouse and family living in your household named on your existing policies.
When you have reached your home or auto insurance limits, umbrella insurance adds a layer of protection, helping to cover the remaining costs. Without umbrella coverage, you’re accountable for any additional expenses, and you may risk your personal assets, such as your home, vehicle, and financial accounts.
Who Needs Umbrella Insurance?
Although not legally required, an umbrella policy may be beneficial if you have many assets to protect or a high likelihood of being sued. Umbrella coverage may be advantageous if you don’t want to shoulder financial worries.
Protect Your Financial Future
Buschbach Insurance can help you with an umbrella insurance policy that can protect your livelihood. Call 708-423-2350 to get started on your policy.