Umbrella insurance is an important type of coverage to have if you want to protect your assets. You can get umbrella insurance from Land Home Insurance Services.
If you are in the market for umbrella insurance, you might have some questions about this type of insurance.
The following are three common questions about umbrella insurance:
What types of expenses will umbrella insurance cover?
Umbrella insurance is a type of insurance that covers liability expenses. While this type of insurance will cover costs for you if you face a lawsuit, umbrella insurance does not cover damages to your personal belongings.
Umbrella insurance can cover expenses you face due to a car accident, for example. Umbrella insurance can also cover you for injuries that guests in your home experience.
How do you qualify for an umbrella insurance policy?
You need to have another type of insurance policy to qualify for an umbrella insurance policy. Umbrella insurance is designed to add to the coverage you already get from your car insurance or home insurance policy.
You need to make sure that you have a home or auto insurance policy that meets certain maximum coverage requirements in order to qualify for an umbrella insurance policy.
How much umbrella insurance should you buy?
In general, it is recommended that policyholders carry enough umbrella insurance coverage to cover the full value of their net worth. This way, all of a consumer’s assets are protected.
Give Us A Call
Let us help you meet your umbrella insurance needs at Land Home Insurance Services. If you’d like to explore our umbrella insurance offerings, give us a call today. Get in touch with us to get a quote on an umbrella insurance policy.