{"id":28,"date":"2018-02-27T03:00:00","date_gmt":"2018-02-27T15:00:00","guid":{"rendered":"https:\/\/www.hbiainsurance.com\/blog\/?p=28"},"modified":"2018-02-27T10:07:17","modified_gmt":"2018-02-27T16:07:17","slug":"is-buying-umbrella-insurance-a-good-idea","status":"publish","type":"post","link":"https:\/\/www.hbiainsurance.com\/blog\/is-buying-umbrella-insurance-a-good-idea\/","title":{"rendered":"Is Buying Umbrella Insurance a Good Idea?"},"content":{"rendered":"<p>Having adequate insurance protection is&nbsp;important for everyone trying to protect investments and their finances.&nbsp;For those that are in the Commerce, GA area, being properly covered for liability is extremely beneficial.&nbsp;There are several situations in which buying additional umbrella insurance will protect your livelihood.&nbsp;&nbsp;<\/p>\n<p><strong>You Have Assets that Need Protection<\/strong><\/p>\n<p>One situation in which having umbrella insurance would be beneficial is&nbsp;if you have a lot of assets that need protection.&nbsp;If you have a lot of liquid assets, and this becomes public knowledge, you are more at risk of being sued for a large lawsuit that is over your base liability coverage.&nbsp;In these situations, it would be an excellent option to have an additional umbrella insurance policy in place.&nbsp;If you are targeted in a liability lawsuit, the umbrella policy will limit your exposure, and your insurance company will help negotiate a settlement.<\/p>\n<p><strong>Increased Liability Risks<\/strong><\/p>\n<p>Another factor to consider when thinking about getting umbrella insurance is whether you have increased liability risks.&nbsp;Depending on your personal situations, you could be more prone to accidents or other types of liability.&nbsp;For example, if you have teen drivers, operate your own small business, or own rental properties, many different situations could arise in which you could be found liable for another party&rsquo;s medical bills or property damage.&nbsp;If you do have a higher risk of being sued, having the excess umbrella insurance will be the deciding factor when it comes to paying out of pocket.<\/p>\n<p>If you are shopping for a new umbrella insurance policy in the Commerce, GA area, please reach out to the agents of Hyman Brown Insurance Agency, Inc. Our agents can help you better understand your insurance needs and get you started on an insurance policy. Hyman&nbsp;Brown Insurance Agency, Inc. wants you to be prepared when the unthinkable arises.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having adequate insurance protection is&nbsp;important for everyone trying to protect investments and their finances.&nbsp;For those that are in the Commerce, GA area, being properly covered for liability is extremely beneficial.&nbsp;There are several situations in which buying additional umbrella insurance will protect your livelihood.&nbsp;&nbsp; You Have Assets that Need Protection One situation in which having umbrella [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,6],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-commerce-ga","tag-hyman-brown-insurance-agency-inc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"agentinsure\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.hbiainsurance.com\/blog\/is-buying-umbrella-insurance-a-good-idea\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Blog | Hyman Brown Insurance Agency |\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Is Buying Umbrella Insurance a Good Idea? 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