Umbrella Insurance Service in Hempstead, NY 11550

Umbrella Insurance Service in Hempstead, NY 11550

An umbrella insurance policy is extra liability insurance coverage that goes beyond the limits of the insured's homeowners, auto, or watercraft insurance. It provides an additional layer of security to those who are at risk of being sued for damages to other people's property or injuries caused to others in an accident. It also protects against libel, vandalism, slander, and invasion of privacy.



How does an umbrella insurance policy work?

An umbrella insurance policy helps protect your assets and your future in two important ways:
  • Umbrella insurance may provide coverage when your homeowners, auto, and boat insurance policies limits are exhausted.
  • Umbrella insurance provides coverage for claims that may be excluded by other liability policies including claims like false arrest, libel, slander, and liability coverage on rental units you own.

What does umbrella insurance cover?

Umbrella insurance provides coverage beyond the limits of your other insurance policies, or for claims that may not be covered by liability policies. Umbrella insurance generally provides liability coverage for:
  • Injuries
  • Damage to property
  • Certain lawsuits
  • Personal liability situations

Example of an Umbrella Insurance Policy

To understand how umbrella insurance can help, consider the following scenario. If a driver runs a red light and accidentally hits another car, there might be significant damage to the vehicle and several people might be injured.

With car repairs totaling $50,000 and the treatment of the injuries eclipsing $500,000, the driver at fault may be liable for expenses that go far beyond the coverage limits of their insurance. An umbrella insurance policy will pick up the additional liability costs beyond the limits of car insurance coverage.

COMPANY NAME: Smart Services Junction Inc |Construction Contractor Insurance Uniondale

LOCATION 626 RXR Plaza West Tower 6th Floor Uniondale, NY 11553 United State

CALL US (516) 888-1901

       

MARKETING TEAM DIGI ERA PRO

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