Umbrella Insurance
Simply put, umbrella insurance is extra protection on top of your auto insurance, homeowner’s, or other insurance policies. You may be wondering why you need umbrella insurance. After all, you are already paying X amount of dollars for insurance plans and they seem adequate. We at Harris Monti & McLaughlin Insurance understand your confusion when it comes to umbrella insurance and are happy to clear things up for you.
Your current insurance policy may only protect you for certain things at a certain level of liability. Umbrella insurance is designed to start where your other insurance policies stops. It can be a safety net against the following:
- Libel
- Defamation of character
- Vandalism
- Invasion of privacy
- Injuries
- Property damage
- Certain lawsuits
- False arrests
Why should I get Umbrella Insurance?
If you are a commercial business owner in the New York area, it is extremely important that your business has an extra layer of protection.
Unforeseen events, such as someone tripping and falling on your commercial property, can wind up costing you more money than it would have if you bought umbrella insurance. Not to mention the stress and aggravation that comes with having to find a reliable lawyer and attend court dates. Residential homeowners should consider purchasing an additional amount of liability coverage as well for similar reasons.
“Accidents happen”
Unfortunately, as you may already know, some accidents can be more costly than others, and in today’s economy, with damage claims on the rise, it is always best to err on the side of caution. When you choose to purchase umbrella insurance with Harris Monti & McLaughlin Insurance you are choosing to protect your future assets – your children’s university funds, your retirement savings, etc.
Contact Harris Monti & McLaughlin Insurance today
If you have questions about umbrella insurance or would like a competitive quote, please do not hesitate to contact us at 845-794-7050. We can set you up with an insurance policy that works in conjunction with your current policy and specific needs.