Umbrella insurance policy is designed to provide extra coverage to supplement your current liability insurance policy, which will protect you and your assets against major lawsuits. The benefit of this policy is, it also provides additional coverage for perils that are not included from other liability policies like damage, bodily injuries, false arrest, and liability on rental properties which you are owning and rent out.
Umbrella insurance is designed to protect you against potentially large losses. These policies are typically designed to provide liability coverage of $1 million or more. And best thing about it is, these policies are relatively cheaper than the financial coverage that they provide.
If you are unsure about how much umbrella coverage you might need, call Innovative Insurance Agency today and our insurance specialists can answer all your questions and help you to decide a policy that is the best fit for your specific needs.
Contact Innovative Insurance Agency today for more information about umbrella policy, it’s coverage, and free quote.