Umbrella Insurance is extra reliability coverage in cases where standard insurance plans are depleted. It’s a form of personal protection beyond the existing coverage limits of other policies. If you are in Commerce, GA and liable for claims that aren’t covered by auto or homeowners insurance, Hyman Brown Insurance Agency Inc. can help.

Three Things To Know About Umbrella Insurance

What Does Umbrella Insurance Cover?

Umbrella insurance provides liability coverage for personal liability situations, property damage, injuries, and certain lawsuits. Depending on the policy, it covers you and your family members against lawsuits that relate to property damage like defamation and personal injuries. Umbrella insurance also covers associated legal fees over and above your liability limit.

What Is Not Covered By Umbrella Insurance Policies?

If you are under a contract and assume liability, your umbrella policy will not offer coverage. Umbrella insurance doesn’t provide coverage for injuries and damage to personal property or criminals. It also doesn’t cover contracted workers’ injuries, so they’ll need their insurance if you hire workers for a construction company.

Is It Necessary?

Umbrella insurance isn’t a legal requirement, but it’s crucial for people who have many assets and are at risk of getting sued. Umbrella insurance is a fail-safe for assets and personal savings if you are sued for damages exceeding the liability limits of basic insurance policies. It offers additional coverage like paying for legal representation and damages when sued for damages.

How It Helps Protect You

Umbrella insurance offers coverage for expensive claims and lawsuits that involve body injuries, reputation damage, property damage, and court costs. In cases where other insurance policies have exceeded their coverage, umbrella insurance helps cover the liability claims.

Umbrella insurance is excess liability insurance and helps you avoid financial ruin if you are sued and liable for personal injuries or property damage. If you want to protect your assets and savings, contact Hyman Brown Insurance Agency Inc. to get an umbrella insurance policy in Commerce, GA.