Umbrella Insurance Poland OH

Especially when it comes to unexpected accidents or claims…

Your personal umbrella insurance policy may supplement your homeowner or personal auto policy by paying for the first layer of protection when you are sued. The umbrella may cover costs for medical expenses, car repairs, and legal defense in a lawsuit. You are also responsible for having liability limits in your auto and homeowner policies, but these limits may not be enough to cover all potential lawsuit damages.

Umbrella insurance is a form of liability insurance, therefore it does not cover:

• Your own medical expenses.
• Loss to your property.

However, what exactly is covered by your umbrella policy depends on how you decide to set it up. In most cases, umbrella insurance protects you from:

• Injuries you cause in a car accident
• Injuries someone suffers on your property
• Property damage you cause in an accident
• Property damage your pet causes
• Property damage a dependent or child causes
• Attorney fees and other legal costs if you’re sued

Relative to the amount of protection you get, umbrella insurance is highly affordable. Especially since it’s unlikely you will ever have to make a claim against it. So your specific cost will be determined by:

• The amount of coverage you purchase
• Your insurance carrier’s provisions
• Your risk profile and driving record

You can save even more money by purchasing umbrella insurance from the same carrier who provides your home and/or auto insurance-check with us to make sure.

Tell me again why I need Umbrella Insurance?

A long time ago, you set some goals, made a plan, worked hard and got “there”. As you did, you accumulated possessions. Not to be ostentatious, but enough to make you and your loved ones comfortable.

You are rightly proud of these accomplishments. In fact, you have protected them with the best insurance you could.

Now you need extra protection, an umbrella insurance policy. A policy that will cover you above and beyond what any single policy might cover.

For example: What are your limits on your auto and home liability policies: $300,000 to $500,000?

If you get into an auto accident … or someone falls into your pool and hits their head … or whatever fluke occurrence-you can be sued. And what if the award goes to the plaintiff?

Okay, you say, the insurance will cover it. But what if the amount is over the policy limits? (That happens, especially if you have nice things.)

Your standard home or auto policy is likely not going to be enough to cover what the plaintiff is asking for.

How will you pay the judgment? How will you even defend yourself in such a lawsuit? Can you actually lose all you have strived for?

You bet you can. Not only can you lose what you worked for, you can lose part of your wages for the rest of your working life. (Most people don’t know this.)

You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for.

While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you. So if you’re at all concerned for your financial well being, you should investigate what you are offered carefully, and consider a relationship with a reliable guide.

There’s no such thing as a one-size-fits-all insurance policy.

We’re your neighbors. We protect people we know and care, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.

Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build.