How Umbrella Insurance Adds Extra Protection

Umbrella insurance is an excellent option if you’re looking for extra protection in Berlin, CT. Umbrella insurance can help protect you from lawsuits and other financial damages. These policies are typically very affordable, and they can give you peace of mind in knowing that you’re covered.

They aren’t stand-alone policies, however. You’ll need to have other insurance policies first, such as auto or homeowner’s insurance. Here’s how umbrella insurance can add an extra layer of protection for your family.

A representative from the Bogden Insurance Agency can help you understand your options and find the right policy for your needs.

How Umbrella Insurance Adds Extra Protection

Financial Protection

Umbrella insurance can help protect you from financial damages if you’re sued. If you’re found liable for damages, your umbrella policy can help pay your legal fees and any other monetary damages. An example of this might be if you’re involved in a car accident and are sued by the other driver. This protection can give you peace of mind knowing that you’re protected financially.

Asset Protection

Umbrella insurance can also help protect your assets. If you’re sued and found liable for damages, your umbrella policy can help pay for the damages. For example, if someone’s injured on your property, your umbrella policy can help pay for their medical bills. This protection can help you keep your assets safe in a lawsuit.

Umbrella insurance is a great way to add extra protection for your family. If you’re looking for additional security, consider umbrella insurance. Umbrella insurance can help protect you from financial damages and lawsuits. Contact Bogden Insurance Agency in Berlin, CT today to learn more about umbrella insurance. We’re here to help you find the right coverage for your needs.

What are the Benefits of Umbrella Insurance?

Just like an umbrella protects you from rain, umbrella insurance can rescue you during rainy days. You may have car, auto and home insurance, but these coverages can only do so much when faced with significant liability claims. Unfortunately, when your typical liabilities run out, your personal assets are usually at stake. Luckily, investing in umbrella insurance from Bogden Insurance Agency in Berlin, CT offers you extra liability protection. The other benefits include:

Protects your assets

Given the ubiquitous nature of lawsuits, umbrella insurance protects your assets and future income when sued. Imagine someone coming to claim your hard-earned assets? It can be frustrating and dispiriting. For this reason, you need umbrella insurance to protect your assets when faced with significant liability claims.  

Provides broader coverage

Umbrella insurance not only gives you high coverage but also gives you broader coverage. What does this mean? Umbrella insurance cushions you against liabilities that aren’t covered by other conventional liability coverages. For instance, umbrella insurance covers libel, slander, false arrest, and malicious prosecution — liabilities not covered by other insurance policies.

Additionally, umbrella insurance doesn’t have geographical limitations. It can cover you beyond America as long as your policy is up-to-date.

It’s affordable

Umbrella insurance gives high liability coverage, but it’s surprisingly affordable. Since it rides on other existing coverages, this makes umbrella insurance more affordable than you think.

Peace of mind

When you have umbrella insurance, you don’t have to spend sleepless nights thinking of who is coming for your assets. With umbrella insurance, you don’t have to worry because it protects your assets and future.

Buy umbrella insurance in Berlin, CT

Ready to enjoy the benefits of umbrella insurance? Why don’t you get in touch with Bogden Insurance Agency? We understand how valuable your assets are, and that’s why we provide comprehensive umbrella insurance to protect what matters to you most.

Covering Liability With Umbrella Insurance

Liability coverage is one of the most important types of coverage. You could find yourself liable for an accident or other incident that ends up injuring someone or damaging their property. Without adequate liability coverage, you would have to pay all of those bills by yourself. If you are interested in getting more liability coverage, call us today at Bogden Insurance Agency in Berlin, CT. 

Adding to Your Liability Insurance

Auto and home insurance policies usually come with some coverage for liability. In auto insurance, it is usually mandated by the state that you must have a certain minimum amount of liability coverage. However, many people only get this minimum amount of liability coverage, and they have just a small amount on their home insurance as well. An umbrella insurance policy adds to the liability coverage of both of these policies. It adds a layer of liability protection right on top of the other policies to make it far less likely that you would have an overage to pay. 

Umbrella Policies

When an accident does occur, the home or auto insurance, whichever covers it, will go to work to pay for the incoming bills from your liability. When this insurance reaches its max and won’t pay anymore, your umbrella policy swoops in to pay the overage up to a much higher maximum. This allows you to be financially saved from going bankrupt to pay the high bills coming in. It can save your future financial life and keep you in a much better position. 

Get Your Umbrella Policy

If you don’t have much in the way of liability coverage, it’s time to change that. Call us at Bogden Insurance Agency in Berlin, CT to talk to an agent about umbrella coverage.