Umbrella Insurance

As a Florida resident, you need to know about umbrella insurance. This type of insurance is a safety net for your traditional insurance policy. Here are the facts you should know about umbrella insurance and how it affects your other insurance policies.

What Is Umbrella Insurance? How Does It Work?

Umbrella insurance is additional coverage for your liability policy. Umbrella insurance coverage provides extra coverage for your auto or homeowner's insurance policy in the event you are held responsible for a claim, and the amount of the claim exceeds your policy limits.

Other situations when an umbrella policy can be used include:

• False imprisonment
• Libel
• Slander

What Is Not Covered Under Umbrella Insurance?

Now that you know what umbrella insurance is and how it works, you need to know what it does not cover. Umbrella insurance does not cover:

• Damage to personal property
• Intentional damage or injuries
• The liability contract you agreed to and signed
• Liability instances that involve professional or business activities

If you are interested in business liability insurance, choose business liability insurance instead of umbrella insurance.

Although umbrella insurance is not required in the state of Florida, it's a good idea to have an active policy. Umbrella insurance is ideal for everyone, especially if you have assets you want to protect from lawsuits and other mishaps. Umbrella insurance can be beneficial if and when you:

• Have a pet
• Frequently take long-distance trips, especially in heavy traffic.
• Add rooms or other instances to your home, including a pool, trampoline, and similar items.

Here at Tanya Grubii Insurance Agency, Inc., we understand your need for reliable insurance, and we're here to provide you with reliable insurance solutions. We offer a variety of insurance solutions for Florida residents. We're dedicated to helping you get the insurance you need. Contact us now so we can help you with your insurance needs.

We look forward to working with you!