At Love Insurance Services, we offer liability insurance policies that protect both individuals and businesses. One of the most crucial policies an individual in Niceville, FL, can purchase enhances their overall liability coverage. Adding a personal umbrella policy to your existing liability coverage increases your protection by about a million dollars.

Who Needs Personal Umbrella Coverage?

Individuals with increased liability, such as community volunteers, sports coaches, and those who frequently entertain at their homes, require the extra liability coverage provided by umbrella insurance. This is a type of secondary insurance. Homeowners, renters, and auto insurance policies each include liability coverage but may not sufficiently cover a community leader’s needs. These insurance policies function as the primary insurance necessary to purchase an umbrella policy.

How Umbrella Insurance Works

Let’s say an accidental drowning occurs at a community volunteer’s swimming pool during a fundraiser. In this case, the homeowners’ insurance pays out first, covering hospital bills, funeral expenses, court settlements, and other costs. However, in many instances, it doesn’t cover all expenses, leading the policy owner who doesn’t have an umbrella policy to pay out of pocket for the remaining costs. On the other hand, those who own an umbrella policy can have it pick up where the homeowners’ policy ended, paying the rest of the bills and settlement.

Contact Your Insurance Agent Today

Call or email Love Insurance Services today to add an umbrella policy to your coverage. Increasing your liability coverage safeguards your financial security by covering liabilities arising from events at your Niceville, FL, home or while traveling.