The answer on umbrella insurance is never an easy one. If you have a lot of assets, business, and want financial security, it makes sense to get umbrella insurance. Umbrella insurance is the insurance that you get to cover you in the event that claims for standard damages exceed your caps, or if problems outside of standard coverages arise.
At Ransom & Associates Insurance Agency, we want Winder, GA residents to be covered for every potential problem they could have. We can help you to determine what umbrella insurance covers, and if it is the right choice for you.
Bodily Injury Liability
Bodily injury liability coverage is often covered under other policies you may already have, such as auto insurance, home insurance, or commercial insurance. This coverage in an umbrella policy will cover you in the event that those caps are exceeded during a claim.
Here you will have coverage for the costs a third party will incur in the event of an injury that you are found liable for.
Property Damage Liability
Property damage liability will cover you in the event that there is damage to a vehicle or property as a result of an accident you are at-fault in. This could be damage to someone else’s property, such as their vehicle during a car accident. Even damage to their car while parked at your home could be covered here.
There are a number of other liabilities you may need coverage for. Umbrella coverage is for those moments in life when it feels like it is raining problems.
You can use umbrella insurance if you sue or are sued for slander, libel, malicious prosecution, false arrest or detention, or mental anguish or shock.
Get a Quote
There are a number of liabilities that happen in life that you often can’t prevent. At Ransom & Associates Insurance Agency, we want Winder, GA residents to be covered for every possible scenario. Call us today for a quote on umbrella insurance.