How Umbrella Insurance Works

Umbrella insurance is coverage that gives extra protection beyond what other normal coverages provide. It can provide coverage for personal liability cases, libel, slander, and property damage, among many other situations. 

How Does Umbrella Insurance Work?

Umbrella insurance provides protection when other coverages are exhausted. It also covers liabilities excluded from other liability coverages, i.e., slander, false imprisonment, and rent default. You’re also likely to get coverage against an invasion of privacy and wrongful entry.

As you can tell from these examples, umbrella insurance is not just for the policyholder but other parties such as family members. For instance, if your teenager is driving your car, you can sleep tight knowing that umbrella insurance has you covered no matter what happens. However, you need to understand who this policy considers a family member. 

One more thing about this insurance policy is that it doesn’t have to be your property or vehicle for it to provide cover. 

If you’re in Braselton, GA, Harmony Insurance is ready to help you understand umbrella insurance.

What Does Umbrella Insurance Cover?

As stated, umbrella insurance provides coverage beyond the limits of other insurance policies. Generally, it will cover injuries, some lawsuits, personal liability, and property damage.

You might think— but I have auto insurance that covers all the above. While you might think so, you’ll find out that your auto insurance has some limits. This is where umbrella insurance comes in. It provides coverage beyond what is covered by your normal auto insurance.

Get Extra Protection with Umbrella Insurance

Even the most careful people find themselves at fault for certain liabilities. While it might be simple to assume you can never be in such a situation, the smart move you can make is to protect yourself from the unknown. And umbrella insurance is ready to do that for you.

Would you like to get umbrella insurance in Braselton, GA? Get in touch with Harmony Insurance for assistance. 

Three reasons you shouldn’t wait to purchase umbrella insurance

If you don’t have umbrella insurance coverage, you could be leaving yourself susceptible to significant financial losses. We can protect your finances with an umbrella insurance policy at Harmony Insurance. 

Don’t procrastinate about purchasing umbrella coverage. It’s a good idea to find the right policy today so that you can enjoy numerous advantages. 

The following are three reasons why you should wait to purchase an umbrella insurance policy in Braselton, GA. 

A lawsuit could completely wipe out your net worth without coverage. 

Any consumer needs umbrella insurance coverage if they have a significant amount of wealth to protect. Being wealthy can make you a target for lawsuits, so it’s vital to protect your net worth with umbrella insurance. 

The premium costs for umbrella coverage are usually relatively low.

One of the reasons why it’s such a good idea to purchase umbrella insurance now is because it’s not very expensive. For the amount of protection you can get with umbrella coverage, premium amounts are generally quite low. 

You don’t want to be stressed out with concerns about your finances.

Probably the most significant advantage of umbrella coverage that everyone can enjoy is peace of mind. It’s very unpleasant having to worry about your finances. Every event that comes up that could put you at risk of a lawsuit will cause you far more stress if you don’t have umbrella coverage than if you do.

You can invest in umbrella coverage to rest assured that your wealth is protected regardless of what happens down the road. 

Let us help you to find the right umbrella insurance in Braselton, GA. Contact us at Harmony Insurance to get started today.