A general insurance policy has limitations on coverage that many don’t realize until they experience a situation not covered by the policy. Having an umbrella policy is added protection on top of your home insurance policy, and is proactive instead of reactive.
What is an Umbrella Insurance Policy?
An umbrella insurance policy is put in place to offer additional coverage to protect a person’s home from theft, lawsuits, injuries, disasters and more. An umbrella policy can be customized to a policy holder’s specific needs and the policy picks up to cover where a general policy caps out.
If you are in the Boise, ID area and considering an umbrella policy, remember to work with an experienced and professional Insurance Company, like Fuhriman Insurance Agency to help you pick the right umbrella insurance policy.
What is Covered Under an Umbrella Policy?
An umbrella policy is separate, additional liability coverage purchased on top of a general policy. Coverage includes legal situations and lawsuits- including fees and damages- rental properties, injuries and other unexpected situations that may arise.
In example- you have $250,000 worth of liability insurance on your policy and someone falls in your house and gets hurt, sues you and a judgment of $400,000 is found against you. The umbrella policy will now kick in to pick up the balance of the $150,000 not covered by the general policy.
What’s Not Covered Under an Umbrella Policy?
An umbrella policy will not cover personal property, business contract disputes, or intentional, reckless criminal behavior.
Having an umbrella policy adds a sense of safety and protection for you and your family, as well as your belongings. If you are seeking an umbrella insurance policy, Fuhriman Insurance Agency services the Boise, ID area and has experienced, professional insurance agents available to steer you toward the right policy for you. Contact one of our agents today to get started.