What is Umbrella Insurance?
A Quick Look at Umbrella Insurance
We’ve Got You Covered: A Quick Look at Umbrella Insurance
If you’re like most people, you’re probably familiar with the standard types of insurance coverage like health, auto, and homeowners. But what about umbrella insurance? Here are three things you should know:
Umbrella policies provide additional coverage beyond the limits of your standard policies and generally offer liability coverage for injuries, property damages, and certain lawsuits. So, suppose you’re involved in an accident or incident that results in damages exceeding your regular policy limits. In that case, your umbrella policy will kick in to help cover the costs.
Umbrella insurance covers the policyholder and the other family or household members. However, it does not cover damages to the policy holder’s property.
Umbrella insurance policies are relatively inexpensive, especially when considering how much peace of mind they can provide. And, because they provide extra protection, they can be well worth the cost.
Want to learn more? Contact LBP Insurance for a quote today.