You’d like to think that guests and visitors have a good experience whenever they’re at your home, and most of the time, they probably do. Unfortunately, injuries can sometimes happen on private property, and when they do, lawsuits can follow. If this happens to you, having umbrella coverage can make a real difference. The team at Davidson Insurance Agency, serving Evergreen, CO, can help you get umbrella insurance that provides coverage in personal liability situations. Here’s what you need to know.
What Is Umbrella Insurance?
Umbrella insurance extends the liability coverage already provided through your home insurance policy. It kicks in once your home insurance’s liability coverage has been exhausted, helping protect your assets when the initial coverage isn’t enough.
Does Umbrella Insurance Cover Lawsuits?
If you’re sued because you’re found personally liable for an injury or damage to someone else, your home insurance may help cover legal fees and related expenses up to its limit. Umbrella insurance provides additional coverage once liability coverage is exhausted.
Who Needs Umbrella Insurance?
If your total assets exceed what’s covered under your home or auto insurance policy, umbrella insurance may be a good option for you. It can also make sense if you’re at a higher risk of being sued, for example, if you have a pool or trampoline on your property.
How Can You Get Umbrella Insurance?
Getting umbrella insurance helps when working with an experienced insurance professional. The team at Davidson Insurance Agency, serving Evergreen, CO, can help. Call today to speak with an agent. As an independent insurance agency, we work with many carriers to find coverage that fits your needs.
