In today’s overly litigious society, it is essential to be legally protected. Florida is the #1 state on the list of ‘judicial hellholes’ per the American Tort Reform Assocation. If you are ever sued, your standard homeowners or auto policy will provide you with some liability coverage up to a set limit. However, should something happen that would exceed this limit, an umbrella liability policy can provide additional protection for your assets and family.
Umbrella insurance is a form of liability insurance that will supplement your basic liability policies, such as your auto, home, motorcycle or renters insurance, just to name a few. An umbrella liability policy covers a much higher limit and will go above and beyond regarding claims directly relating to your home or vehicle.
Your car, home, monetary accounts, and even your future income, are all considered assets. It is important to know that if you are sued for a substantial amount of money and do not have an adequate level of insurance coverage, your assets will be exposed. This is exactly what makes umbrella insurance important; it can protect you and your personal assets should a lawsuit arise.
Our insurance agents in Naples, FL, can help get you started with finding the umbrella insurance policy you need. Contact us today to find the policy that fits your needs and budget.