Umbrella insurance provides enhanced liability protection. It’s important to review risk factors that may influence your decision to add umbrella coverage to your existing insurance policy, and then consider some coverage strategies.
Risk Factors
Would your current insurance policy provide sufficient liability protection if you were sued? An incident could occur on your property that requires a substantial amount of liability coverage. Consider the following risk factors:
- Uneven terrain
- Outdated materials
- Dangerous equipment
- Unstable equipment and furnishings
- Driving responsibilities
- Remote services
The list above outlines some of the risks you may face. Any of these situations could result in an accident. If an accident occurs, bodily injury or property damage could become evident. An umbrella insurance policy will ensure that your insurance policy provides enough liability coverage.
Umbrella Insurance Coverage Strategies
Your umbrella insurance should provide adequate coverage for slips and falls, property damage, and other unforeseen incidents that result in an injury or physical damage. Before acquiring umbrella insurance coverage, perform an inspection of your property.
Inspect each structure that you own and the land on which each building is located. Determine how much coverage you would need in an unexpected accident.
Umbrella Insurance Assistance in Ohio
Your umbrella insurance coverage will protect you from costs your standard liability insurance policy doesn’t cover. Umbrella insurance will protect legal fees, medical bills, physical repair expenses, and more. Your insurance policy will outline the coverage amount that your policy offers.
If you have any questions about your policy’s umbrella coverage, contact an agent from Associated Insurance Agencies Inc. An agent serving the Westerville, OH region will assist you with your umbrella insurance concerns.
