Umbrella Insurance

Umbrella Insurance Covers Costs Not Covered By Other Policies

Umbrella insurance is a type of supplemental liability insurance that provides an extra layer of protection for your assets and income in the event you are sued. In Massachusetts, purchasing umbrella insurance can be especially beneficial due to the state’s higher-than-average cost of living.

At its core, umbrella insurance covers costs not covered by other policies such as auto or homeowners insurance. This includes costs associated with libel and slander lawsuits, false arrest or imprisonment, property damage caused by rented vehicles, legal defense fees, and more. A policy typically covers up to $1 million in losses above the limits of your existing policies - meaning it gives you an additional cushion against large judgments awarded in court cases.

Save Money With Umbrella Insurance 

When considering whether to purchase umbrella insurance, it’s important to weigh the costs and benefits. Not only can this additional coverage provide peace of mind, but it also could save you thousands of dollars in legal fees down the road should a lawsuit arise.

Whether you’re looking for umbrella insurance or other types of coverage, LBP Insurance is here to help guide you along the way. LBP’s knowledgeable agents can help you sort through available options and select the right policy for your needs and budget.

We understand Massachusetts regulations and laws related to insurance, so we can guide you through the process of buying an appropriate policy that meets state requirements. Additionally, our agents are often more accessible than larger corporations - making it easier to get quick answers to questions about your policy or coverage.

Benefits Of Umbrella Insurance:

• Protects your assets: Umbrella insurance can help protect your assets in case you are sued.

• Provides peace of mind: Umbrella insurance can give you peace of mind knowing that your assets are protected in case you are sued.

• Can help you save money: Umbrella insurance can help you save money in the long run by protecting you from high legal costs.

Umbrella insurance can provide essential additional protection if you’re ever faced with a lawsuit, and working LBP insurance agency to purchase it offers important advantages.

With the help of an experienced LBP Insurance agent, you can be confident that you have the right level of coverage for your unique needs.