Umbrella Insurance

At Smoller Insurance Agency, we usually receive these questions from our clients: Do I need umbrella insurance? Isn’t my boat, home, or auto liability coverage adequate? Well, most people need umbrella insurance, but some people need it more than others.

What is umbrella insurance?

Umbrella insurance is the extra liability protection that takes over when claims exceed your current coverages. Umbrella insurance doesn’t exist on its own. It rides on other insurance coverages, such as auto, home, or boat insurance.

What does umbrella insurance cover?

Whether it’s a significant car accident or an ugly incident on your premises, legal claims will probably exceed your auto or home coverage. Without umbrella insurance, you may have to pay the uncovered liabilities from your pocket.

Umbrella insurance protects the following areas:

  • Bodily injury liability: Umbrella insurance protects you whether you or your family member cause physical injury to other people. For instance, if you or your teenage son causes a severe accident, umbrella insurance may cover liability claims exceeding your auto insurance coverage.
  • Property damage coverage: If you cause property damage to other people’s property, umbrella insurance covers legal fees, including attorney fees and settlement claims.
  • Personal liability coverage: Unlike other liability coverages, umbrella insurance covers you against claims like libel, slander, false arrest, and malicious prosecution.

Umbrella insurance doesn’t cover damage to your property or injury to yourself. Additionally, umbrella insurance doesn’t cover business losses and intentional or criminal acts.

Do I need umbrella insurance?

Today, the likelihood of being sued is very high. You could be sued for doing absolutely nothing. That said, it’s essential to invest in umbrella insurance to protect your assets and for peace of mind.

Umbrella insurance

Would you like to boost your auto, home, or boat insurance with umbrella insurance? Please contact Smoller Insurance Agency, and we will ensure that you have adequate liability coverage to protect your assets and future earnings.

Commercial Umbrella

Of course, situations may arise where the limits of your other commercial policies may not give you enough protection. That is where commercial umbrella insurance comes in.

Commercial Umbrella Coverage

After you have exceeded the limit on any of your commercial policies, your commercial umbrella policy kicks in and offers you additional coverage. Like a personal umbrella policy, this policy functions like a real umbrella -- the same way an umbrella gives you extra protection from rain, an umbrella policy gives you extra protection from losses.

Commercial umbrella policies can be written very specifically to address all your needs, so it is crucial to work with a detailed agent that understands your business and its risks thoroughly. Smoller Insurance Agency prioritizes building connections with our clients so we can provide you a policy that is perfectly suited to your needs and budget.

The last thing you want to worry about in an emergency situation is money. With a commercial umbrella insurance from Smoller Insurance Agency, all you have to worry about in an emergency is contacting us.