What is an umbrella policy?
Your current insurance policy already does a great job protecting you and your loved ones from harm, but if you’re looking for even more peace of mind in Hawthorne, an Allstate umbrella policy from Sully Insurance Center may be just the thing you need. Essentially a catch-all, an umbrella policy is a type of insurance policy that protects you from large and potentially devastating claims outside the scope of your other insurance plans, such as auto or homeowner’s insurance. It also comes into play when the underlying liability limits of your existing insurance plans have been reached.
What Does An Umbrella Insurance Policy Cover?
Accidents can happen to anyone and high costs can result. Fortunately, an Allstate umbrella insurance policy from our Hawthorne insurance center can cover a number of situations and scenarios where other insurance plans may fall flat including:
Bodily Injury & Personal Injury: Bodily and personal injury liability helps to cover the cost of damages to another person’s body. For example, if you’re found at fault in a car accident and the other driver is injured, you may be held liable for their medical costs along with lawsuit fees if you are sued as a result of the accident. In this case, an umbrella policy would kick in to help cover any extra expenses beyond your auto insurance policy limits.
Property Damage: This type of coverage assists you by paying for the cost of damage or loss to another person’s physical property. Examples of this include the cost associated with damage to the vehicles and other property due to a collision where you’re at fault.
Landlord Liability: Landlord liability coverage can help safeguard against any liability you may face as a landlord. This includes the possibility that someone trips over a crack in the sidewalk of your rental property and sues you for damages, or if your tenant’s dog were to bite someone and you’re held responsible for the injuries.
Get The Protection Your Deserve In Hawthorne
While you most likely don’t anticipate causing an accident or being found liable for damages, an umbrella policy may offer increased protection and can act as a safety net just in case. Reach out to the Allstate agents at Sully Insurance Center to request a quote and learn if an umbrella policy is right for your needs!