An umbrella doesn’t protect you from rain only. Umbrella insurance from Wine Valley Insurance Services in Napa, CA, gives you extra liability protection when facing significant claims. You may have a boat, home, or car insurance, but these coverages may fall short when significant lawsuits come calling.
What is umbrella insurance?
Like we mentioned, umbrella insurance kicks in when your conventional liability coverages are depleted. For instance, if you are involved in an auto accident, your car insurance first kicks in, and then umbrella insurance takes over when the car insurance coverage limit is exhausted.
It’s worth noting that umbrella insurance doesn’t exist on its own. It rides on prevailing coverages like auto, home and boat insurance. Besides, umbrella insurance is liability coverage, meaning that it doesn’t cover you or your property.
What does umbrella insurance cover?
Umbrella insurance covers you when other people accuse you of causing bodily injury and property damage. Besides, umbrella insurance covers you when you are accused of the below:
- Slander
- Malicious prosecution
- Libel
- False arrest
- Wrongful eviction
Besides, umbrella insurance covers legal costs, including lawyers fees and settlement claims. If you are a landlord, you also need umbrella insurance to protect you from tenants’ actions.
Why do I need umbrella insurance?
Every day we participate in activities that put us at the risk of being sued. For instance, if you drive, go boating, or skiing, you can be sued for causing bodily injury or property damage to others. Given the ubiquitous nature of lawsuits, you need to safeguard your assets with umbrella insurance.
Buy umbrella insurance today!
Would you like to boost your boat, home, or auto insurance policy in Napa, CA? Please get in touch with Wine Valley Insurance Services for an affordable umbrella insurance policy.
