Umbrella insurance is a form of liability coverage. These programs provide protection for potential lawsuits and claims. The protection provided prevents assets from being lost due to an event. Umbrella coverage is for anyone who stands to potentially lose income or assets if a claim or lawsuit is brought against them. In investing just $2oo for a plan, one can have access to $1 million or move-in coverage.
How It Works:
Your insurance policy has certain limits. Whenever your liability limit with your homeowner, auto, and boat policy has been reached, you are responsible for the excess amount. If you have an umbrella policy, you are protected from ever having to go into personal funds to address these costs.
Different Types Of Coverage:
Bodily injury coverage handles medical bills for the injured party involved in the incident. An auto accident, dog bite, slip, and fall accident, or any other incident can be covered with a policy. Property damage liability covers damage to a person’s property such as a car, a neighbor’s property, or a piece of public property. Umbrella insurance policies exist for certain professionals and can provide protection for any loss the client sustains as a result of an action taken by a policyholder.
The policy coverage is inexpensive but can be useful in a number of scenarios. If someone is injured during a visit, you don’t have to worry about having to handle medical treatment. If you cause damage to a third party’s property during the course of an accident, none of your personal assets will ever be used to recover damage if the umbrella coverage is in place. Current assets and future income aren’t pursued in the event of an accident. Having a policy on top of your existing policy provides an extraordinary amount of protection at a low cost. Want to learn more? Get a free quote today only available for Tampa, Florida residents.
Why You Should Buy Umbrella Insurance RIGHT NOW?
You may be thinking, "Why should I buy insurance right now?" Well, the answer is simple. Insurance services & policies can protect you from financial disaster in case of an accident or injury. Insurance provides a safety net for your family and loved ones to help them get back on their feet if something terrible happens to you. It's important not only for your peace of mind but also for the future well-being of your family.
Insurance services & policies can give you peace of mind knowing that your family will be taken care of if something were to happen without any worry on their part. With so many different types and packages available, there are options for every type of person’s needs! At Service Hub Insurance we'd love to answer any questions or concerns about how coverage works because when someone buys insurance they're taking steps towards financial stability. We're proudly serving Floridians Insurance needs since 2014 in our Insurance Services Office in Tampa, Florida.
If the unthinkable happens and you have a life-changing event such as an injury, illness, divorce, death in the family, etc., it's only natural for us to want to protect ourselves financially from what's happening with our lives by applying for disability benefits or getting long term health care plans.
After all, is said and done, it'll be a good day when you know your family will be taken care of if something were to happen without any worry on their part.