At The Good Insurance Group LLC, we know many Bloomsburg, PA residents who don’t understand umbrella insurance. This misunderstanding can be troubling but, thankfully, we’re here to tell you how you can use this extra liability protection to keep yourself and your family or business safe.
What Umbrella Insurance Covers
Umbrella policies operate like an extra liability protection option on top of your standard policy. They can be adapted to your specific policy type. For example, they can provide you with protection for your vehicle, home, or even your business, depending on your needs.
This benefit is significant. For example, if someone gets seriously injured due to your business, sues you for $100,000, wins, and your liability covers only $50,000, your umbrella policy can step in to pick up the rest of the cost. Usually, this option is more suitable for businesses rather than homeowners.
What You Should Cover
When getting an umbrella insurance policy, it is important to make sure that you use it properly and for the appropriate liability concerns. Just a few ways that you can use it include for:
- Serious auto or boating accidents
- Driving a car into a building
- Dog or animal attacks
- Severe injuries that you caused
- Libel, defamation, and slander
- False arrest or imprisonment
- Wrongful eviction situations
- Invasion of privacy cases
Your policy will not protect you from any deliberately illegal or destructive acts that you perform. For example, you won’t get protected by your umbrella insurance if you set fire to your facility to collect insurance payments.
Make Sure You’re Protected
Do you need an umbrella insurance policy and aren’t sure where to turn? Please contact us today at The Good Insurance Group LLC to learn more. Our team helps Bloomsburg, PA residents get the coverage that they need and will do what they can to make sure you are satisfied.
