6342 Grand Hickory Dr. Suite 204
Braselton, GA 30517
Let’s face it. There are a lot of types of insurance out there today. You can pretty much get anything insured, from your boats to your pets, to everything in between. But what about the unknowns? What about things we cannot foresee, which could have substantial financial consequences for us? Is there insurance for that? Yes, there is. It is called umbrella insurance, and if you are serious about protecting your assets and finances, it would be smart to learn more. Harmony Insurance in Braselton, GA is here to help.
Umbrella insurance is an insurance policy that protects people if they are sued or their limits are reached on a standard policy. One of the greatest things about our country is that we have the right to a trial, but it can also be detrimental if someone decides to bring a faulty court case against us. No one goes to court for free. Umbrella insurance would protect you in such a situation. A policy can also help you in situations with accidents where damages go beyond your limits of coverage. It will cover anything that causes gaps to occur in your policy. You will need an auto, home, commercial, or other policies before you can acquire umbrella coverage in Georgia.
Technically, anyone can benefit from this type of insurance coverage, but some people will benefit more than others. For instance, if you host events on your property or entertain often, you are at more risk of someone getting injured. Your Georgia homeowner’s insurance might cover the medical expenses of an injury, but if someone decides to sue you over their injury, you would be on your own without umbrella insurance. Homeowner’s insurance also has specific caps on how much it will pay.
Umbrella insurance is most beneficial in the event that you are sued, and you lose your case. In this event, umbrella insurance will kick in to pay. If you have significant retirement or savings, and you want to make sure those are never drained away due to a lawsuit, umbrella insurance might be a good investment for you.
If you would like to learn more about umbrella insurance, you can contact our friendly staff at Harmony Insurance in Braselton, GA.