When protecting your assets, you can never be too careful. That’s why B & G Insurance in Miami, FL, offers umbrella insurance. It’s a type of liability insurance that gives you an extra layer of protection beyond traditional insurance policies. Learn more about the basics of umbrella insurance, what it can cover, and why it’s important to consider it as part of your overall insurance strategy.
What is Umbrella Insurance?
Umbrella Insurance is a type of liability insurance that provides coverage beyond the limits of your existing policies, such as your home or auto insurance. The policy offers protection that helps safeguard your assets should you face a lawsuit or other liability claim that exceeds the limits of your current policies.
What Can Umbrella Insurance Include?
Umbrella insurance can potentially help in various liability claims, including bodily injury, property damage, and personal injury. It can also cover claims related to slander, libel, and defamation of character. Additionally, these policies may cover legal fees and other expenses associated with defending yourself against a liability claim. We can walk you through the exact specifics during your consultation.
Why is it Important to Have this Additional Coverage?
Without umbrella insurance, you could be responsible for paying out-of-pocket for any liability claims that exceed the limits of your other insurance policies. This could put your assets, such as your home or savings, at risk. On the other hand, you’ll have peace of mind knowing you have something to fall back on if you take advantage of what we have available.
Speak With Our Agents to Learn More
At B & G Insurance in Miami, FL, we understand the importance of protecting your assets. Umbrella insurance will provide an extra layer of protection that helps safeguard your assets and provides peace of mind. We encourage you to contact us to learn more about these policies and how they can benefit you.
Living in the Miami, FL area is a dream for many people due to the great weather and recreational options. If you live in the Miami area, you will find that it is vital that you get proper insurance. This can include having an umbrella insurance plan that provides ample liability coverage for many in this area. There are various situations when someone could benefit from an umbrella insurance policy.
Those Concerned with Major Risks
A scenario in which someone may want to get an umbrella insurance plan is if they are concerned with significant liability claims. You are likely to have some personal liability coverage if you have a home or auto insurance plan. When you upgrade to an umbrella insurance plan, it will provide coverage on top of those existing plans. This will ensure you have coverage if you are named liable for a claim exceeding your existing plans’ coverage.
Those that Want Blanket Liability Protection
Another great reason for anyone in this area of Florida to get an umbrella insurance plan is so they can receive more blanket coverage. While the liability component of a home or auto plan is helpful, there are liability risks that someone could face that are not covered by these plans. With umbrella insurance, you will get coverage against several risks.
There are many reasons for someone in the Miami, FL area to get an umbrella insurance plan. As you are looking to get this type of insurance, it is vital that you speak with the team at B & G Insurance. There are many choices to make, and B & G Insurance will offer any support and consultation needed to choose an umbrella insurance plan that will give you the appropriate coverage.
Umbrella insurance is an additional form of policy that protects you beyond your base homeowner’s liability coverage. No matter how we try to shield ourselves from imminent accidents, the fact is that it’s not possible because accidents do happen. When accidents happen in homes or personal property, homeowners insurance can cater to the costs of these damages. But what happens when expenses associated with an accident surpassing the maximum coverage afforded through your policy? Worry not anymore because umbrella insurance kicks in when your cost damages exceed your auto or homeowner insurance policies’ coverage. Visit us at B & G Insurance offices in Miami, FL and obtain spectacular umbrella insurance that will provide inner peace of mind from guaranteed protection when additional expenses exceed your underlying policies.
As a Miami, FL resident, it’s vital to understand the significance of buying a spectacular umbrella insurance policy to protect your financial future and safeguard your hard-earned assets from garnishment. Connect with us at B & G Insurance situated in Miami, FL and speak to our enthusiastic agents. They will help you get a prolific umbrella insurance quote that will meet your needs and budgetary allocation.
Benefits of purchasing an umbrella insurance policy.
- It provides a broader spectrum of coverage against perils such as threats, dangers, and unforeseen eventualities, which are not covered by any single standard insurance policy.
- It safeguards you against some events such as false arrest, libel, slander, and malicious prosecution, which your primary policies can not cover.
- Provides homeowners extra liability protection and legal defense fees once the limits of their home and auto insurance policies get depleted.
- This form of coverage protects you everywhere in the world.
- It’s affordable: Umbrella insurance comes into play when your other policies get exhausted, which makes the cost of acquiring umbrella insurance significantly inexpensive.
- Instill peace of mind: Big business ventures can get sued for millions, and ordinary American citizens are vulnerable to colossal lawsuits. This form of policy affords peace of mind knowing that your dwelling and assets are guaranteed protection against lawsuits.
Call us or visit our B & G Insurance offices in Miami, FL for more information and later obtain a splendid umbrella insurance policy.
An umbrella insurance policy is an important consideration for everyone. However, it becomes particularly important if you hold a lot of personal property or other assets. An umbrella policy can step in and provide additional liability coverage when you exhaust the policy boundaries of your existing insurance, protecting your holdings. B & G Insurance serves Miami, FL and is ready to discuss your umbrella insurance needs.
Do you carry a lot of insurance policies?
If you already have a number of insurance policies on your personal property, such as boat insurance, RV insurance, auto insurance, and home insurance, you are a likely candidate for an umbrella policy. This is even more true when you have multiple pieces of property insured on each policy. Each item is an asset, and each policy indicates a certain level of exposure to liability. If an accident occurred at a home, in a car, or while recreating, your umbrella policy can step in.
Do you work in a high-risk profession?
Certain umbrella policies can also provide protection from libel and slander suits and other professional liability hazards. When you work in a high-risk industry, always speak to your insurance agent about an umbrella policy and if it covers work-related hazards.
Do you have substantial savings or investments?
If the answer is yes, you need an umbrella policy to protect your holdings in the event of a lawsuit. Even if you opt for high coverage on existing auto or home policies, an accident involving multiple people can quickly max out your coverage. The umbrella policy steps in at this point to provide additional coverage if you are sued for damages or face additional medical bills and fees.
To discuss your particular situation with an insurance agent, contact B & G Insurance serving Miami, FL. We are prepared to answer all of your coverage questions and provide quotes. Call today or visit our website to find out more.
Wouldn’t it be nice if we could be prepared for the unexpected? Wouldn’t it be great to have a defense against the unknown and unforeseen? Well, that is the idea of umbrella insurance because we can’t predict the future but we can be prepared for it. No matter what that means.
Your Just In Case Insurance
The best thing about an umbrella insurance policy is that it really can protect us from what we don’t see coming. Somebody can always mock us for getting a safety net until that accident shakes our world. Until we get that notice that we are being sued for loss of wages from the other driver. Then, we aren’t the ones being mocked, and we become those people who were smart enough to use foresight and prepare for what we couldn’t see. B & G Insurance is here to offer that safety net, just in case, for our customers and friends in Miami, FL.
An Added Layer of Protection
Umbrella insurance is that extra layer of protection for your vehicle or home. Although it won’t cover your injuries or protect your property, umbrella insurance is designed to protect you from claims of liability made by other injured parties beyond your standard coverage plan and limits. At B & G Insurance, we know that accidents aren’t predictable and that the aftermath can be even harder to predict. That is why those in and around Miami, FL reach out to us because the unknown is unpredictable.
If you want to learn more about umbrella insurance or if it is something you should consider, contact us to talk to one of our professional and experienced agents today. Why umbrella insurance? Because you never know when it is going to rain.