Are you one of the many Americans who have no idea what an umbrella insurance policy is or the protection it can offer you in time of crises? An umbrella policy is often referred to as an extra personal liability insurance policy, and financial advisors suggest the best insurance in Martinsville and the surrounding Blue Ridge Mountains should include an umbrella policy to protect you and your family.
Most people have never heard of umbrella coverage because it is only activated when all other relevant insurance limits have been reached. At that point, the claims are paid to the new limit of the umbrella policy.
For example, if an ice-covered tree in your yard suddenly breaks and falls on a car in front of your house, your regular homeowners would kick in. If the car is yours, then your auto coverage may kick in as well. If someone was in the car at the time and was seriously injured or killed, the umbrella policy would begin coverage the moment your regular policy reached its limits. Your personal liability is protected by the umbrella insurance.
Find umbrella insurance in Martinsville and nearby areas by visiting an agent today. Learn more about why this protection is necessary and what coverage has the best ability to protect you from liability.