{"id":408,"date":"2014-06-12T16:48:12","date_gmt":"2014-06-12T20:48:12","guid":{"rendered":"http:\/\/www.thefloridainsuranceblog.com\/?p=408"},"modified":"2026-04-16T21:56:23","modified_gmt":"2026-04-17T01:56:23","slug":"importance-umbrella-policy","status":"publish","type":"post","link":"https:\/\/www.greatflorida.com\/blog\/2014\/importance-umbrella-policy\/","title":{"rendered":"The Importance of an Umbrella Policy"},"content":{"rendered":"<p><img alt=\"Florida Umbrella Insurance\" class=\"alignnone wp-image-409 lazyload\" data-sizes=\"(max-width: 550px) 100vw, 550px\" data-src=\"http:\/\/www.thefloridainsuranceblog.com\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad.jpg\" data-srcset=\"https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad.jpg 600w, https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad-228x300.jpg 228w, https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad-150x198.jpg 150w\" decoding=\"async\" height=\"724\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 550px; --smush-placeholder-aspect-ratio: 550\/724;margin-top: 20px;\" width=\"550\" srcset=\"https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad.jpg 600w, https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad-228x300.jpg 228w, https:\/\/www.greatflorida.com\/blog\/wp-content\/uploads\/2014\/06\/GFUmbrela-ad-150x198.jpg 150w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>Many people are under the false assumption that only those who are wealthy and renowned get sued; unfortunately, this could not be further from the truth.<\/p>\n<p>We live in a litigious society. Lawsuits are common and they can happen to anyone that is why <a href=\"https:\/\/www.greatflorida.com\/floridaumbrellainsurancefaq.aspx\" target=\"_blank\" title=\"Florida Umbrella Insurance\">umbrella insurance<\/a> has earned the nickname, \u201cbad luck insurance.\u201d An umbrella policy is an extension of your <a href=\"https:\/\/www.greatflorida.com\/floridaautoinsurancefaq.aspx\" target=\"_blank\" title=\"Florida Auto Insurance\">auto insurance<\/a> or <a href=\"https:\/\/www.greatflorida.com\/floridahomeownersinsurancefaq.aspx\" target=\"_blank\" title=\"Florida homeowner insurance\">homeowner\u2019s coverage<\/a>. It is insurance designed to protect your assets.<\/p>\n<p>\u201cIf you or someone in your family is sued, a lawsuit can wipe out your child\u2019s college fund, your retirement savings and any other personal assets. You can be left in debt and financial ruin if you are not adequately covered,\u201d said <a _blank=\"\" href=\"https:\/\/www.linkedin.com\/in\/dustyns\/\" rel=\"nofollow noopener\" target=\"_blank\">Dustyn Shroff<\/a>, Vice President of GreatFlorida Insurance.<\/p>\n<p><img alt=\"Florida Asset Protection\" class=\"alignright wp-image-417 size-medium lazyload\" data-src=\"http:\/\/www.thefloridainsuranceblog.com\/wp-content\/uploads\/2014\/06\/money-under-umbrella-300x300.jpg\" decoding=\"async\" height=\"300\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/300;\" width=\"300\"\/>An umbrella policy can be used in the case of lawsuits, property damage, injuries, slander and libel, worldwide incidents and false arrest and imprisonment.<\/p>\n<p>Let\u2019s look at some scenarios where a lawsuit could be awarded to someone holding you responsible.<\/p>\n<ul>\n<li>\u00a0 \u00a0 \u00a0 Your dog attacks and bites a neighbor causing injuries.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Your son or daughter invites some friends over to swim in your pool and a friend slips while running around the pool or while diving into the pool and suffers a serious head injury.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Renovations are being done on your home and a handyman or contractor falls off a ladder causing an injury.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0You are a chaperone on a field trip and one of the kids seriously injures themselves.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Your teenager is driving in a car with other kids and runs off the road striking a tree and the passengers are injured.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0One of your family members goes online and writes negative, false comments about a teacher or classmate.<\/li>\n<li>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0You own rental property and your tenant trips in the driveway over a crack in the concrete of the property and sustains an injury.<\/li>\n<\/ul>\n<p>While these incidents are uncommon, accidents do happen. Individuals have been sued by neighbors, friends and even family members.<\/p>\n<p>An umbrella policy will not protect your business because it is personal insurance. It will also not protect you if you have committed a crime, such as driving under the influence or sexual harassment.<\/p>\n<p>At <a href=\"https:\/\/www.greatflorida.com\/\" target=\"_blank\" title=\"Florida Insurance Agency\">GreatFlorida Insurance<\/a> we have no intentions of using scare tactics, we just want Floridians to be informed about liabilities they could be responsible for, and our priority is to shelter your assets.<\/p>\n<p>If you want to peace of mind that you and your family are protected against the limits of your insurance policies, contact a GreatFlorida <a href=\"https:\/\/www.greatflorida.com\/florida-insurance-agent-search\">Insurance agent<\/a>today at 1-888-478-7801 or complete our free <a href=\"https:\/\/www.greatflorida.com\/get-a-quote\">online quote<\/a> request form at\u00a0<a href=\"http:\/\/www.greatflorida.com\/\">www.greatflorida.com<\/a>.<\/p>\n<p>Our trusted agents will help find the best deal for you, without selling you unnecessary <a href=\"https:\/\/www.greatflorida.com\/florida-umbrella-insurance\">umbrella coverage<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many people are under the false assumption that only those who are wealthy and renowned get sued; unfortunately, this could not be further from the truth. We live in a litigious society. Lawsuits are common and they can happen to anyone that is why umbrella insurance has earned the nickname, \u201cbad luck insurance.\u201d An umbrella [&hellip;]<\/p>\n","protected":false},"author":1219,"featured_media":417,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[3,1,5,9],"tags":[45,18,14,44],"class_list":{"0":"post-408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-auto-insurance","8":"category-floridainsurance","9":"category-homeowners-insurance","10":"category-umbrella-insurance","11":"tag-asset-protection","12":"tag-florida-auto-insurance","13":"tag-florida-homeowners-insurance","14":"tag-florida-umbrella-insurance"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/users\/1219"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/comments?post=408"}],"version-history":[{"count":1,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/408\/revisions"}],"predecessor-version":[{"id":13994,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/408\/revisions\/13994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/media\/417"}],"wp:attachment":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/media?parent=408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/categories?post=408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/tags?post=408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}