BEST INSURANCE BROKERAGE NEAR YOU | Brokerage License#1791800

CALL US: (718) 568-8886

(Monday to Saturday 9AM-6PM)

EMAIL:

Vincent@oneprimeinsure.com

136-20 38th Ave Suite 3F

Queens, NY 11354

How an Umbrella Insurance Policy Works

yellow umbrella on a lake

An umbrella policy is a type of insurance that provides additional liability coverage above and beyond what is provided by your underlying insurance policies. Oneprime insurance brokerage can help you understand whether an umbrella policy is right for you and what level of coverage you need to protect your assets.

Umbrella policies can provide coverage for a wide range of liability claims, including those related to bodily injury, property damage, and personal injury. This can include claims related to accidents that occur on your property, accidents involving your vehicles, and lawsuits stemming from social media or other online activities.

When considering an umbrella policy, it’s essential to evaluate your assets and the level of risk you face. If you have significant assets, such as a home, investments, or other valuable property, an umbrella policy can provide additional protection and help safeguard your assets in the event of a lawsuit.

It’s also important to consider the level of risk you face based on your lifestyle and activities. For example, if you frequently entertain guests in your home or participate in high-risk activities, such as sports or adventure travel, an umbrella policy can provide additional protection against liability claims.

When purchasing an umbrella policy, it’s important to review your existing insurance policies to ensure that you have adequate coverage in place. Oneprime insurance brokerage can help you evaluate your coverage needs and determine what level of coverage is appropriate for your situation.

In conclusion, an umbrella policy can provide valuable protection above and beyond what is provided by your underlying insurance policies. Oneprime insurance brokerage can provide guidance on whether an umbrella policy is right for you and what level of coverage you need to protect your assets. Evaluating your assets, level of risk, and existing coverage is essential to ensure that you have adequate protection in place.

Previous Post
Newer Post
Call Oneprime Insurance Now!