You have worked hard to afford your house, car and recreational vehicles. The last thing you want to worry about in the event of an accident is whether you have enough coverage to protect your assets and your future. Personal umbrella insurance is extra liability insurance designed to protect you from major claims and lawsuits. The professionals at Bebis Insurance Services, Inc. will work with you to make sure you have the right umbrella coverage to protect you and your assets.
What does umbrella insurance cover?
Umbrella insurance provides additional liability coverage above and beyond the limits of your typical homeowners, auto or watercraft policies. Coverage is provided for things such as injuries, damage to property, lawsuits and liability situations. All insurance policies have limits. If you are sued after a car accident for amounts exceeding your auto liability policy limits, you may have to pay the remaining amount out of pocket. Umbrella coverage ensures that you, your family and your assets are protected.
What does an umbrella policy cover?
- Bodily injury liability – Covers the cost of medical treatment if someone is injured and you are at fault
- Property damage liability – Covers the cost of damage or loss to another’s property
- Landlord liability – Protects against exposures you may face as a landlord, such as a slip-and-fall accident on your property or being held legally liable if one tenant injures another
Additionally, umbrella insurance protects against the following exposures:
- Libel or slander claims
- False arrest or imprisonment
- Shock or mental anguish
- Malicious prosecution
Are you concerned that the limits of your auto, homeowners or watercraft insurance aren’t sufficient? Contact Bebis Insurance Services, Inc. to learn more about how an umbrella policy could help you. Give us a call at 508-947-5800 or fill out the form on this page.