It's important to have enough coverage to deal with unforeseen incidences.

1. What is Umbrella Insurance?
Let’s face it, sometimes insurance can be difficult to understand. We are
constantly bombarded with advertisements from countless insurance companies
claiming to have the best policies, rates and customer service. Not only is the
variety of insurance providers overwhelming, various terms that are tossed
around relating to insurance can be confusing as well. Umbrella insurance is one
of those terms. Below is some information to help you understand what it is and
how it can benefit you.
Umbrella insurance policies were created to give you some extra coverage if you
find yourself in a situation where a lawsuit is brought against you for property
damage or personal injury you caused, and the terms of lawsuit are in excess of
the limits on your home, car or other insurance policy.
Benefits of Umbrella Insurance
There are several advantages to having an umbrella
insurance policy. First, it can provide additional
lawsuit coverage of $1 million or more. Second, it
can help you with additional coverage for any legal
defense costs, which can be extremely costly. Third,
it can give you liability coverage for lawsuits in the
case that they aren’t covered by your home or auto
insurance policies. This is especially helpful in odd
situation, like getting in an accident in a foreign
country in a rental car, for example. There are many
more benefits as well, including having the piece of
mind that when an accident does happen you have
the resources to deal with it properly and not have to
worry as much about detriment to your lifestyle and
well being.
Who Should Get Umbrella Insurance?
So who is umbrella insurance good for? Really, it’s a good idea for most
everyone. We are all at risk of losing our assets and income as a result of a
major lawsuit that could be levied against us. There is tremendous value in
having a policy like this. It’s relatively inexpensive to purchase, especially when
considering the coverage and piece of mind you gain from having it.
You really never know when an incident can happen that could potentially put
you at risk for a lawsuit. For example, one of your child’s friends or perhaps a

2. service/repair professional could fall and injure himself or herself on your
property. Or, you try to avoid a child or pet in the road and
end up colliding with a pedestrian or motorist. If you end up
having to foot the bill for medical and other expenses per the
decision of a jury, what would you do? Having an umbrella
insurance policy could help meet those expenses to make
sure you don’t have to lose the money and lifestyle you’ve
worked hard to earn.
If you are considering an umbrella insurance policy and live
in the Moreno Valley area, give Best Insurance Services a
call. We provide umbrella insurance to help you feel more
secure about your assets and future. We’ll talk through the
various options available and help you find the solution that
best fits you and your family.
Photo Credit: subhadipin , MaRabelo