You may have heard about an umbrella insurance policy but are unsure what this type of insurance does, and what it covers. An umbrella policy is additional liability insurance- which means it is a backup to a general insurance policy. If you live in West Bloomfield, MI and have questions about purchasing an umbrella insurance policy, Agency Advantage Insurance can help. <\/p>\n
An umbrella policy will pick up additional coverage based on coverage limitations for lawsuits and injurious claims, advertising claims, product liability, defects, and more. An umbrella policy can be purchased in addition to any general insurance policy- including homeowner policies, auto insurance policies, boat, and commercial insurance policies. It can even be applied toward rental properties that you own and rent out. <\/p>\n
When do I Need an Umbrella Insurance Policy?<\/strong><\/p>\n The worst realization is to experience a loss, injury or claim and find out that it isn’t covered by your general insurance policy. Hindsight is 20\/20. Thus, it is proactive to have an umbrella insurance policy to cover you. Lawsuits, liabilities, judgments and legal fees can be exorbitant and cause a company or individual to go bankrupt as a result. Umbrella policies give that added assurance that you will be able to avoid being personally liable in covering these costs. Consider situations you may not think about beforehand that an umbrella policy will cover:<\/p>\n An umbrella insurance policy provides further peace of mind toward your financial security. If you are a resident of West Bloomfield, MI or its surrounding counties, and would like to explore umbrella insurance, contact Agency Advantage Insurance<\/a> today.<\/p>\n","protected":false},"excerpt":{"rendered":" You may have heard about an umbrella insurance policy but are unsure what this type of insurance does, and what it covers. An umbrella policy is additional liability insurance- which means it is a backup to a general insurance policy. If you live in West Bloomfield, MI and have questions about purchasing an umbrella insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,5],"class_list":["post-24","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-agency-advantage-insurance","tag-west-bloomfield-mi"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n