Umbrella Insurance

Umbrella insurance is also known as "excess liability coverage” protects you from liability issues that go beyond liability limits. It offers liability coverages above the standard boat, home or auto insurance policies. Many homeowners in Connecticut with assets consider having an umbrella insurance as additional coverage. An umbrella insurance pays legal defense fees, covers you and your property and everyone living in it. Some of the coverage options offered by Umbrella insurance include following:

Landlord liability

This protects you against lawsuits made by your tenants over an injury sustained while renting your property. Also covers for a guest or tenant who trips over a crack in a sidewalk while in your rented property and sues you for it.

Bodily Injury

Bodily injury liability comes in especially when your homeowner’s insurance liability limit is reached and is insufficient to cover all the medical expenses. It covers the cost of medical bills as a result of bites from your dog, guest injured at your house or a neighbor's child injured while playing in your compound.

Property damage

This covers for property related damage that may as a result of:

• Car and property damaged due to accidents.
• Damage caused by pets, for instance, window breakage.
• School property damage caused by your child.

Slander or libel

Protects you against lawsuits by another person on something you wrote or said.

Other coverage options under umbrella insurance include:

• Imprisonment, detention or false arrest
• Emotional and mental trauma, shock and anguish
• Malicious prosecution
• Other circumstances under personal liability

It is important to know that since umbrella insurance is not an independent coverage, the insurance company will require you to meet certain needs such as home insurance to offer you a certain amount of liability coverage. You also need to remember that your original home or auto insurance must be used first and if it does not cover all the costs then your umbrella insurance will be used.

Come get a quote from our Agency Christian Brokerage Insurance, Connecticut or visit our online website for queries or new policy discussion.