Learn About Umbrella Insurance

Umbrella insurance is additional liability coverage that protects you from outrageous lawsuits or other costly claims. This type of insurance covers you above and beyond your regular homeowners or auto insurance policies. When you visit the Everett Insurance Group, their independent agents in Las Vegas, NV can help you navigate through the information concerning umbrella insurance.

What is Umbrella Insurance?

Normally, your insurance policies contain their own liability insurance, but these policies have limits. Umbrella insurance begins when these policies limits have been exceeded. For example, if someone falls and is injured on your property because of your negligence, you could be liable for medical expenses and legal fees. If those costs go beyond the limit of your liability insurance, then you would have to pay the amount out-of-pocket if you did not have umbrella coverage.

What Types of Coverages are Available?

  • Bodily injury liability – is used when you are responsible for damages to another person’s body. Such as in an auto accident, a fall in your home, or a dog bite.

  • Property damage liability – covers the cost of damages that you cause to someone else’s property. If you are in a car accident that is deemed to be your fault, you could be liable for the damages to that individual’s vehicle.

  • Other types of liability – includes slander, libel, and false arrest.

Where to Purchase a Policy?

Many accident claims can suddenly grow into an immeasurable expense that goes well beyond your insurance limits. Visit the expert insurance agents in Las Vegas, NV at the Everett Insurance Group when you’re ready to get added protection with an umbrella insurance policy. These independent agents are also available when you need to start a new policy or update your existing auto, commercial, or homeowners insurance.