
What Does a Personal Umbrella Policy Cover?
Posted on September 6, 2019
Anyone who takes out an insurance policy is protecting themselves, their assets, or their loved ones in the event of an accident or another unexpected event. However, these incidents can come with highly unpredictable costs, and the only way to supplement for expenses that extend beyond your regular insurance policies is to have a Personal Umbrella Insurance Policy. For successful individuals and family—this is a must!
WHAT DOES AN UMBRELLA INSURANCE POLICY PROVIDE?
Umbrella insurance policies provide extra liability coverage beyond your regular policy.
UMBRELLA POLICIES TYPICALLY COVER:
- Personal injury
- Bodily injury
- Property damage
- Not-for-profit board of directors liability
Your umbrella insurance policy will only have to be used once your liabilities are too large to be covered by your regular policy. In addition, it will often cover when your regular insurance policies (auto, home, boat, etc.) will not cover a claim.
UMBRELLA POLICIES PROVIDE:
- Extra liability protection for assets such as your home, automobile, wages, and investments
- Coverage for claims including libel, slander, defamation of character, and invasion of privacy
- Coverage for legal defense costs, attorney fees, and other legal expenses
WHERE CAN I GET A PERSONAL UMBRELLA POLICY?
At Aronson Insurance, we understand that unplanned accidents or other incidents can be costly. If you want to protect your assets and obtain additional legal protection, contact our expert team of account managers and agents. We can design an umbrella insurance policy unique to your assets, so you’re always covered. How much will it cost … not as much as an uncovered claim! For more information, call us today at 781-444-3050.