How Does Umbrella Insurance Protect Me?

Life, in general, is full of uncertainties warranting a prolific plan to arrest the worst when it strikes. While you have boat, home, and auto insurance to protect you when the unexpected occurs, they are likely to fall short when faced with significant claims.

Buying umbrella insurance in El Centro, CA, safeguards a policyholder by providing additional coverage that goes beyond your conventional liability coverages. Need umbrella insurance in El Centro, CA? Please get in touch with Armorcrest Insurance Services for an affordable and personalized umbrella insurance policy.

Not sure how umbrella insurance protects you? Keep reading to understand how umbrella insurance can save you in the hour of need.

Protection of assets

Irrespective of how vigilant we become to avert accidents, they are bound to strike anytime. Your hard-earned assets may be at risk when you are legally liable for a massive accident involving extensive injuries or property damage. The ensuing liability claims may exceed the underlying limits of your auto insurance, putting your assets on the line.

Luckily procuring umbrella insurance from Armorcrest Insurance Services salvages you when your auto insurance gets depleted. It covers liability claims, including lawsuits, safeguarding your assets.

Protect you against lawsuits

Lawsuits don’t emanate only from auto accidents. You could be held responsible for accidents caused by your pet or family members. For instance, your pet might bite someone, causing injuries. Likewise, you may invite a guest in your home, and when they are injured in your house, they may sue you for medical costs, lost wages, and so on. While the two incidents are accidental, you could be on the hook for thousands or millions of liability costs.

Given we live in a litigious society, you can be sued for virtually doing nothing. And that’s why you need umbrella insurance to protect your assets and earnings against expensive lawsuits.

Personal liabilities

Other instances when an umbrella insurance safeguards and the primary policies can’t cover you include when accused of:

  • Libel
  • Slander or defamation
  • False arrest, imprisonment, or detention
  • Malicious prosecution
  • Shock or mental anguish

Shopping for umbrella insurance in El Centro, CA? Don’t hesitate to get in touch with Armorcrest Insurance Services for an affordable umbrella insurance policy.