Most people are familiar with the basic insurance types like home and auto insurance, but fewer people know what umbrella insurance is. Those who have heard of it may know that it has something to do with coverage from lawsuits, but beyond that, they may not have much information.
The reality is that umbrella insurance can be very useful for anyone who is the subject of a lawsuit. Having umbrella insurance coverage can mean the difference between weathering a lawsuit without great expense and losing a lot of money. If you want umbrella insurance, the professionals at Familia Insurance Agency servicing Kissimmee, FL can help. Our dedicated insurance experts can work with our insurance carrier partners to help you find an insurance policy that works for your needs.
What Is Umbrella Insurance?
Umbrella insurance provides extended liability insurance coverage for standard home and auto insurance policies. If you are found liable for an injury or damages, umbrella insurance provides additional liability coverage when your standard liability coverage is exhausted.
How Does Umbrella Insurance Work?
Imagine that someone is injured in your home when they slip on a plastic bag on your kitchen floor. You are found liable for their injury and sued. Your home insurance policy may provide liability coverage up to the limits of the amounts listed on your policy. When the lawsuit exceeds the amount of your home insurance policy, your umbrella policy will kick in to provide additional coverage. Without the umbrella policy, you would provide the rest of the money for the lawsuit (legal fees, medical bills, etc) out of pocket.
Need Umbrella Insurance Coverage? Call Today
Umbrella insurance can make a big difference for anyone who is sued due to an injury on their property. The team at Familia Insurance Agency servicing Kissimmee, FL can help you get an umbrella insurance policy. Call today.
