Umbrella Insurance for Your Home: Ways it Protects You

Umbrella insurance provides extra liability insurance in addition to what a home owner regularly carries on their home owners policy. There are several ways that Umbrella Insurance protects you and your home. 

Additional Liability Coverage

Home insurance policies generally includes liability insurance for injuries to individuals or their property that occurs on your home premises. Once your home policy has been depleted. Umbrella insurance will cover any claims made for injury or damage. It is important to contact your home insurance carrier to discuss what your resent liability insurance covers and how an Umbrella policy can further protect you and your home. 

Other Coverage

Umbrella policies also cover other situations that may not be included in a homeowner’s policy. If an individual tries to sue a homeowner for injuries, damage to property or any other issue, an Umbrella policy adds to protection. Those who rent property are also covered by any injury that might occur on the rental property. It also covers thee owner of the property if an injury occurs to an individual visiting a renter.

 Protects Against Financial Loss

This type of additional coverage not only covers financial issues that may occur due to injury or damage, but it leave a homeowner with peace of mind. Imagine having to not only worry about someone’s injuries, but also carry concern about a possible lawsuit  or financial commitments that your  home owners doesn’t cover.  Having the correct coverage takes some of the worry from homeowners, knowing that their home, property and anyone working on their home or visiting is covered in the event of an injury.

Contact Smart Way Insurance agency today in Sandy, UT to verify if Umbrella Insurance is right for you. The experts will be glad to help!