Personal Umbrella Insurance
Personal Umbrella Insurance Information
Personal umbrella insurance is an add-on policy in situations where you incur damages that exceed policies such as your homeowners insurance, boat insurance or car insurance. While personal umbrella insurance is not required, it can be beneficial if you are sued. Our agents at Tanenbaum Harber of Florida can assist you with your coverage needs.
What Is Personal Umbrella Coverage?
A personal umbrella policy can protect you from large liability claims or judgments. When your liability limits are reached, your umbrella policy will kick in. A policy can cover you, as well as those in your household who do not have coverages under their name.
A typical policy usually covers the following:
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Bodily injury
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Personal injury
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Property damage
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Landlord liability
What Is Not Covered By My Personal Umbrella Policy?
A personal umbrella insurance policy will not cover all costs incurred, such as:
If you have questions about what your policy covers, reach out to an agent.
Do I Need a Personal Umbrella Policy?
Personal umbrella insurance is not required. Whether or not a personal umbrella policy will benefit you depends on your needs. If you’re considering coverage, these are the pros of having a policy:
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It provides extra liability coverage and legal defense costs of underlying policies once limits have been reached.
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It can cover incidents outside of your original policy, such as libel and slander.
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Coverage limits start at $1 million.
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It can cover rental items you don’t have insurance for.
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It is inexpensive for the return on what you receive.
Learn More About Personal Umbrella Insurance
Our agents at Tanenbaum Harber of Florida are prepared to help those in the Miami, Florida, area with their insurance needs. Reach out to an agent today to get started with personal umbrella insurance or to learn more about policy benefits.
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