What Is Umbrella Insurance?

Umbrella insurance is additional insurance coverage that can be used in the event you have a major insurance claim or lawsuit and the damages exceed your other insurance policy limits.  For example, if you are in an car accident and you have exhausted your auto coverage policy, you could then rely on your umbrella insurance policy to pay for the remainder of the damages. 

Umbrella insurance policies can provide additional insurance coverage for some lawsuits, damage to property, personal liability situations and injuries. There are coverage limits to most homeowners insurance policies, automobile insurance policies, business liability insurance policies and others. By having an umbrella insurance policy you are very protected in the event the claim exceeds your policy limits for your other policies. Once that happens the umbrella policy will start to further protect you. An umbrella policy can also provide protection if you are sued for slander, libel, malicious prosecution, false arrest, mental anguish and others.

For more information, on how you can benefit from an umbrella insurance policy please call our insurance office in Longwood, FL at 407-260-5870. We would be happy to discuss with you the benefits to having an umbrella policy.