advertisement

What is Umbrella Insurance?

50 %
50 %
advertisement
Information about What is Umbrella Insurance?
Finance

Published on March 11, 2014

Author: RichardThompson.lgx

Source: slideshare.net

Description

Accidents just happen. That’s all there is to it. You cannot foresee them, nor do anything to prevent them. That is why they are called accidents.
advertisement

What is Umbrella Insurance? Accidents just happen. That’s all there is to it. You cannot foresee them, nor do anything to prevent them. That is why they are called accidents. Really, the only thing that you can do is make sure that once the accident happens, you have the ability to make things right. Let’s suppose that you were in a minor fender bender that was your fault. This is why you have insurance: to pay for the damage done to your car and the other driver’s car. And that works out if it is a small automobile accident. What happens if it is a larger accident and your liability insurance is not enough to cover the cost? Now you might be caught between a rock and hard place. Umbrella insurance can be your savior in such a situation. A Safety Net Companies all across the country are offering umbrella insurance for major catastrophes. To find out which company is close to you, simply search your web browser for “umbrella insurance Cincinnati”, or wherever your hometown happens to be. You will discover a huge list of companies nearby that provide umbrella insurance. Umbrella insurance acts as a safety net. In the event of a major crisis in your life, it can step in and cover high costs once your average liability insurance is exhausted. As mentioned earlier, your average insurance can only cover so much. If, by some chance, you are held responsible for a large car accident and the cost of repairs and medical expenses are more than your liability insurance can cover, umbrella insurance steps in to help pay the expenses. You Can Never Be Too Safe Almost nobody has the financial flexibility to cover the costs of medical care and car repair after a car accident. Once you insurance has been used up, you could be held responsible for paying the ridiculous sums of money necessary. Not only that, but those injured during the accident deserve proper medical treatment. This is why umbrella insurance just makes sense. You don’t have to break the bank after your insurance has dried up and those who deserve medical care will receive it. Remember that umbrella insurance is not simply for car wrecks. It can be used for any sort of personal or automobile liability situation. Getting a Quote While calculating a premium for umbrella insurance is a complex situation, it can be made easier and cheaper if all of your insurance is done through one company. To find out more, contact your local umbrella insurance agency. They will be more than happy to help you decide how much coverage is right for you. Don’t hesitate. Is it really worth the risk? So much depends upon

your ability to provide and protect that it is in your’s and your family’s best interest to be as covered as possible. Someday, you may find yourself in a metaphorical storm which is out of your control and you will be glad to be standing under an umbrella instead of soaking wet with no options. Photo Credit: stupid.fotos, Enrique Dans

Add a comment

Related presentations

Les changements sur le marché du distressed aux Etats-Unis et en Europe

Main Sections of the Report 1) Nifty Technical View 2) 4 Large Cap Trade Ide...

This presentation consits the yearly results of Kinepolis Group

Related pages

Umbrella insurance - Wikipedia, the free encyclopedia

Umbrella insurance refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not ...
Read more

GEICO | About Umbrella Insurance

Unsure what is exactly covered by an umbrella insurance policy? Read further to understand how GEICO could help you protect your assets.
Read more

Umbrella Insurance & Umbrella Liability Insurance | Farmers

Umbrella Insurance Explained. To get a better sense of what Umbrella insurance is and how it would work, it helps to think about it in action.
Read more

Personal Umbrella Liability Insurance| American Family ...

Personal Umbrella Liability Insurance from American Family protects you against costly lawsuits by adding extra protection above your primary insurance limits.
Read more

Umbrella Insurance: Personal Umbrella Insurance | Progressive

Find out the additional protection you can get with Progressive's umbrella insurance. Personal Umbrella Insurance offers up to 5 million in added liability ...
Read more

Umbrella Insurance Quotes and Rates | USAA

Be sure you have the added protection for your assets with Umbrella Insurance from USAA. Get information on policies, coverage, rates and more.
Read more

Umbrella Insurance | Safeco Insurance

Get a personal liability umbrella insurance quote from Safeco today. Protect your assets and future earnings if you get sued with umbrella insurance.
Read more

Umbrella Insurance Coverage Basics | Travelers Insurance

Diminish Your Risk With Umbrella Coverage From Travelers. Increase Your Personal Liability Limits By Adding Protection To Your Personal Insurance Policies.
Read more

Umbrella Insurance | Liberty Mutual

Umbrella insurance coverage provides extra liability insurance to protect auto and homeowners. Get a quote today.
Read more

umbrella insurance - Deutsch-Übersetzung – Linguee Wörterbuch

Viele übersetzte Beispielsätze mit "umbrella insurance" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen.
Read more