Are you concerned about potential liability lawsuits and want extra protection? Umbrella insurance may be right for you. If you’re uncertain, we at Heaton Bennett Insurance can help Austin, TX residents and business owners find the coverage option that makes the most sense for their needs.
What is Umbrella Insurance?
Umbrella insurance is an additional liability policy that you add to your existing policy. It extends how much your company pays in liability cases and may also include things that other policies cannot cover. You may add them to homeowners, auto, watercraft, and business insurance coverage options. These policies will basically cover additional liability payments beyond your basic policy up to its coverage limits.
Coverage Options for Umbrella Insurance
Umbrella insurance policies can cover a surprising range of different concerns. Just a few extra coverage types that you can get for your home or business include:
- Medical treatments for injuries
- Severe damage to another person’s property
- Specific types of liability lawsuit types
- Personal liability concerns
For example, your policy will pay for any accidental injuries caused by you, covering a person’s medical treatments and liability lawsuit. It may also protect you against things like slander, libel, false arrest, detention, malicious prosecution, shock, and mental anguish situations.
However, your policy will not cover specific limitations in most cases. For example, umbrella insurance does not cover your injuries or property damage problems. It also will not cover intentional criminal action or any liability that you assume when signing a contract.
Find a Policy Today
If you’re interested in an umbrella insurance policy that will meet your needs, please call us at Heaton Bennett Insurance to get the Austin, TX coverage you need. Our team will sit down with you and figure out what protection you need and will balance your coverage to minimize your costs.