Thursday, July 29, 2021

How Umbrella Insurance Coverage Can Protect You

People buy insurance to help mitigate hefty financial burdens that can result from issues that unexpectedly arise with their health, car, home, etc..

But does your insurance policy cover everything?

What is Umbrella Insurance?

Even though you have an insurance policy, it may not necessarily mean that it comprehensively covers you for some of life’s accidents.

That is why having umbrella insurance can help.

Every insurance policy has coverage limits. Umbrella policies are a form of personal liability insurance that builds on your existing policy to cover you when your claim may exceed the confines of your insurance, for injuries, property damage, and even some lawsuits.

umbrella insurance coverage

How This Type of Coverage Can Protect You

Umbrella insurance can expand your liability coverage for several types of insurance policies, including for your home, auto, boat, vacation home, rental properties, antique vehicles, and more.

Umbrella coverage can protect you in ways that most standard insurance policies can’t, including:

  • False arrest or imprisonment
  • Worldwide incidents
  • Property damage claims
  • Injuries
  • Libel
  • Slander

This type of insurance also covers not only the property, assets, and policyholder, but also members of their household and family.

insurance coverage florida

When You Should Consider Umbrella Insurance Coverage

While insurance for your car or home may be a legal requirement, umbrella insurance is not.

However, people often consider investing in it to add an extra layer of financial protection.

If you own property, have substantial savings, have a family pet, or often host get-togethers, this is something you should consider.

Accidents can happen at any time. Having an umbrella policy is an added financial cushion for when they do.

Contact Great Florida Insurance to help you find the right umbrella insurance policy coverage to best protect you.

Ellsworth Buck
Since 2003, Ellsworth has served as Vice President of GreatFlorida Insurance, a network of independent, franchised insurance agents located throughout Florida. During his tenure he has helped the franchise grow to more than 100 independent locations state wide. He is a 20+ year veteran of the Florida Insurance industry and is a graduate West Virginia University, earning his M.B.A in 1984. He lives with his wife in Stuart, Florida. For more information visit:

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