Why You Need Umbrella Insurance To Keep Your Assets Safe

Protect yourself from liability claims with umbrella insurance.

You're taking your dog for a walk when suddenly, a stranger pops out from nowhere. Both yourself and your dog are startled so much so that when the stranger goes to pet your beloved pet, Fido goes and bites the stranger. Because your dog bit someone, you're liable. Should there be any medical bills or lawsuits, you have to foot the bill. It's a costly responsibility. Life is unexpected and sometimes accidents happen. But, don't let life's accidents leave you in financial ruin. Be sure to protect yourself with umbrella insurance.

• Covers medical bills and lawsuits.

From a car crash to a dog bite, accidents happen. Even though you've done everything in your power to prevent it, you still may be found liable. In the event of an accident, you may be faced with costly expenses ranging from medical bills to lawsuits. They can be extremely expensive and can lead to financial ruin should you not be adequately prepared. Make sure that in the event of a catastrophe that you have enough insurance coverage to protect yourself from liability.

• Coverage when your policy exceeds other policy limits.

Believe it or not, there are limits to all your insurance policies. There's only so much that your home insurance or your car policy will cover. Should you encounter a situation that exceeds those limitations, you're stuck paying out-of-pocket. Umbrella insurance can help to offset those extra and offer protection that you need.

• Covers your assets.

You own a home, have a car, and even have a few investments. You've worked hard for your assets. But in the event of a liability lawsuit or costly car accident, your hard-earned possessions may be at risk as collateral. When you invest in umbrella insurance, it covers liability costs and helps you keep your assets safe and sound. Umbrella insurance is a necessity to protect your assets. The professionals at Club Agency Insurance Brokerage can help you with all your insurance needs! Located in Garden City, New York, contact us for more information.