Three things you might not know about umbrella insurance

Umbrella insurance can offer Inlet Beach consumers complete financial protection. Dune Lakes Insurance offers umbrella insurance policies to keep your financial future bright and secure.

The following are three things that you might not know regarding umbrella insurance. 

Umbrella insurance complements your auto, home, and other insurance policies.

Umbrella insurance is not a standalone type of insurance. It would be best to have a home or auto insurance policy that your umbrella insurance policy can complement.

Umbrella insurance coverage is added to your home or auto insurance coverage when you file a claim to cover a considerable liability expense. 

Umbrella insurance is good to have if you participate in certain activities.

Consumers especially need umbrella insurance when they participate in activities that put them at risk of facing high liability expenses. You should consider the activities that you participate in when determining whether you need umbrella insurance and how much you need.

Public figures are especially likely to benefit from umbrella insurance since they may face libel or defamation lawsuits. Consumers who coach kids’ sports, host house parties, or rent out properties should also look into umbrella insurance’s benefits. 

Umbrella insurance does not cover damage to your home or possessions. 

Consumers need to understand that umbrella insurance only covers liability expenses. Umbrella insurance does not offer any coverage for expenses resulting from damage to the policyholder’s own personal property. 

Do you have questions about umbrella insurance? We can provide the answers you seek at Inlet Beach, FL. Get in touch with us at Dune Lakes Insurance. You can get a quote from us on the umbrella insurance policy that’s right for you.