An accident can happen in the blink of an eye, even when you’re careful. If you don’t have enough insurance coverage, a serious accident could be financially devastating. A Personal Umbrella Policy provides financial coverage if you are found liable for an accident beyond what your existing Auto or Homeowner’s Insurance would cover.
Many people don’t realize they need insurance until it is too late. Awesome Insurance Consultants in Lee’s Summit, Missouri, can help you find a Personal Umbrella Policy that suits your needs. Here are five instances where a Personal Umbrella Policy can protect you.
- Your Dog Bites Someone
Even the most well-trained dogs can get aggressive if they’re in a situation that seems strange or threatening. If your dog bites someone, that person could file a lawsuit for the injury. Suppose the dog bite causes serious or permanent injury. In that case, the court could award the other party thousands of dollars – and not all Homeowner’s Insurance Policies will cover all the animal liability charges. An Umbrella Insurance Policy ensures you’ll have the coverage you need.
- A Guest Falls On Your Property
If someone slips, trips, or experiences any other kind of injury on your property, they could hold you liable. Umbrella Insurance is one of the best ways to protect yourself in this situation, particularly if you own multiple properties or opt to rent out your properties. While your Homeowner’s Insurance Policy may cover some of these injury costs, there’s always a chance that the damages could exceed your existing coverage.
- Parties Get Out Of Hand
Entertaining is always fun, but it also comes with an added level of risk. If your guests are drinking alcohol, this could increase your chances of an injury. Additionally, if your guests drive while under the influence and get into an accident, you could be held liable for their damages. In Missouri, hosts can be held liable for serving alcohol to anyone under the age of 21, but umbrella coverage can counteract this liability.
- Social Media Posts Go Wrong
The internet is a very public forum, and an online mistake could result in a lawsuit if you aren’t careful. Umbrella Insurance can help protect you if your Homeowners Insurance Policy has a coverage called Personal Injury added to the home policy’s Personal Liability Coverage E on your declarations page.
- You’re Involved In A Multi-Car Accident
Your Auto Insurance will likely cover most car accidents you could get into. However, in some catastrophic situations, it may not be enough. For example, if you are found at fault in an accident with multiple cars, it might exceed your coverage limits. An umbrella policy would protect you in this situation.
Hopefully, you’ll never need to rely on your Umbrella Insurance. However, it would help if you didn’t take the risk of going without it. Awesome Insurance Consultants in Lee’s Summit, Missouri, are here to help you find a reliable policy.
To learn more about Personal Umbrella Insurance, contact Awesome Insurance Consultants. Our licensed professionals will be happy to answer any questions you have.
