Regardless of the insurance policy you have, it is important to understand that any insurance policy has its own limitations. For example, if you have auto insurance and you are facing an expensive liability claim, your standard coverage might not be enough. What should you do in this situation? The good news is that there is a solution: you can purchase umbrella insurance that will address such liability coverage gaps. If you are thinking about getting umbrella insurance, there are certain things you should know.
Here are some facts about umbrella insurance that you might not be aware of:
- Umbrella insurance is more affordable than you think. One of the most interesting and unexpected facts about this insurance is that it is cheaper than you think. In fact, most insurance companies charge only a few hundred dollars for umbrella insurance per year.
- It provides coverage in any part of the world. Unlike many other types of insurance, umbrella policies do not have geographical limitations. That means that if you have umbrella insurance, you are covered in all countries.
- Umbrella insurance protects against catastrophic losses. Many umbrella insurance policies are designed to protect businesses and companies against catastrophic losses. Therefore, if you want to make sure that your company has enough protection, getting umbrella insurance is a smart idea,
Reach Out To Us
Even though umbrella insurance is a non-mandatory type of insurance, it offers extra protection and many other benefits. If you live or operate a business in Pinellas County and are thinking about buying an umbrella insurance policy to have peace of mind, you should reach out to Zenith Insurance Group. At Zenith Insurance Group serving clients in Pinellas County, we will help you find the right umbrella coverage that will offer you enough protection.
People living in the Pinellas County area will need to make sure they are always covered by proper insurance. One type of coverage that all people should get is umbrella insurance. This type of insurance offers liability insurance and can be a good addition to anyone’s personal insurance plan.
This type of insurance can protect you in various ways that can make it a great investment
Offer Protection on Top of Home and Auto Liability Plans
Many people in this area will have some personal liability coverage in their home and auto insurance plans. These policies are designed to offer protection from accidents that can occur on the road or at home. While this can offer helpful coverage, each of these plans will have insurance caps. If you have an umbrella insurance plan, it will give additional coverage on top of your existing plans, which is helpful if you are named liable for a major claim.
Cover Unique Risks
It can also be a good idea to get this insurance to cover unique risks. There are many liability risks that are not covered by standard auto or home insurance plans. To ensure that you are protected against these risks, having an umbrella insurance plan is helpful as it offers blanket coverage for practically any liability risk.
Contact Us Today
If you live in the Pinellas County area, it would be a very good idea to get umbrella insurance. This is a beneficial type of insurance that will provide you with blanket insurance protection against liability risks. If you are looking for coverage in this region, it would be helpful to call the team from the Zenith Insurance Group. The professionals with the Zenith Insurance Group will offer the support that you need to understand all of your options.
Zenith Insurance Group assists Pinellas County residents. We recognize all the sacrifices that our clients have made in order to live comfortably. That’s why we strive to make sure that they receive the coverage they’re looking for. Insurance is a safety net to help you navigate life’s challenges. We will sit down with you and assess your situation so that you will receive the appropriate coverage to protect your future.
Why Umbrella Insurance Is A Wise Investment
Umbrella insurance is supplemental coverage that protects Pinellas County residents in emergency situations. Umbrella insurance steps in once you have reached your liability limit on other types of coverage. In serious cases, umbrella insurance can prevent you from losing your home or life’s savings. Imagine you are driving on a regular day, and you look down for one second to check your phone. Suddenly a car appears, and you collide with them, causing a serious injury. You will be technically responsible because you took your eye off the road.
The injured party needs extensive medical treatment. Once your liability coverage has been exhausted, you would be responsible for covering the rest of the medical treatment out of pocket unless you have umbrella insurance. Umbrella insurance gives you peace of mind that your assets aren’t at risk. Umbrella insurance also covers you against potential allegations of slander or defamation of character. This gives you a safety net to rely on during complex litigation. If you’re a business owner, umbrella insurance can help prevent you from losing everything.
Zenith Insurance Group Will Help You Cover Your Assets
Visit our website to learn more information about umbrella insurance.