If your liability cost is more than what your existing insurance covers, you need umbrella insurance. It comes in handy when you meet your liability limits and risk losing all your savings and other assets. Johnson Insurance Agency is here to help you find a good umbrella policy to prevent that nightmare from happening.
An umbrella policy covers you and members of your family against claims or lawsuits like:
When your base liability limit for a policy is exceeded, umbrella insurance kicks in. For example:
You have been involved in an auto or boating accident, and bills are mounting up quickly. You are responsible for the medical bills of various people you caused injury to. Your injury insurance pays first before your umbrella insurance kicks in.
You hold a seat on a board of directors and are sued for a management issue. An umbrella coverage from Johnson Insurance Agency Washington takes care of claims brought against you because of your work on the board.
A homeowner's insurance policy is responsible for cases, including a dog biting a stranger, based on personal liability coverage. If the amount you are sued for is high above your home insurance liability limit, for example, pain and suffering and medical bills, umbrella insurance starts paying.
Johnson Insurance Agency umbrella insurance will not cover self-inflicted injuries or property damage. If you run a business, you need a business umbrella policy instead of a personal one.
Typically, umbrella insurance policies Lacey Washington would not cover liability arising from the breach of a contract you're involved in. For example, if a roofing company sues you for not paying for the work they've done under the contract you signed.
Are you in need of an umbrella insurance policy? Be sure to request a quote from Johnson Insurance Agency so that we can offer you the most affordable of the options available.
