Personal Umbrella Insurance
In today’s litigious society, standard insurance policies might not always offer enough coverage to protect your assets fully. Winston-Salem residents, like many across North Carolina, face unique risks that could potentially exceed their primary insurance limits. At Charles Brunson Agency, we understand the importance of tailored protection. We’re here to help you explore personal umbrella insurance options that provide extra security for your peace of mind.
What Is Personal Umbrella Insurance?
Personal umbrella insurance is a type of liability coverage that extends beyond the limits of your standard home, auto or boat insurance policies. It acts as a safety net, potentially offering additional protection when your primary insurance reaches its coverage limits. This policy can be crucial when you face a substantial lawsuit or liability claim exceeding your basic policy limits.
What Does Personal Umbrella Insurance Cover?
A personal umbrella policy may offer coverage for a wide range of scenarios, such as the following listed below:
- Liability coverage may help insure your assets and future earnings from large liability claims or lawsuits.
- Legal defense costs may assist with attorney fees and court expenses, even if the lawsuit is groundless.
- Personal injury coverage may offer protection against claims of libel, slander or defamation of character.
- Property damage liability may help cover damages you or a family member cause to someone else’s property.
- Worldwide coverage may extend protection for incidents outside of the United States.
It’s important to note that personal umbrella insurance typically kicks in after your primary insurance policy limits have been exhausted. This means it offers an extra layer of protection rather than replacing your existing policies.
Secure Your Financial Future Today
Are you ready to explore how personal umbrella insurance can enhance your protection? Contact Charles Brunson Agency in Winston-Salem today. Our experienced team will work with you to assess your unique situation and recommend appropriate coverage levels. We’ll help you understand how a personal umbrella policy can fill gaps in your existing coverage and offer tailored protection for your assets and peace of mind.