Extra Protection with Umbrella Insurance
Extend Your Coverage Beyond the Limits
Extra Protection with Umbrella Insurance
Extend Your Coverage Beyond the Limits
Why Choose Umbrella Insurance?
At Niagara National Inc., we understand that sometimes standard insurance policies aren't enough to cover all potential risks.
Umbrella insurance provides an additional layer of protection, extending beyond the limits of your existing policies.
This extra coverage can safeguard your assets and future earnings from significant claims and lawsuits.
What Does Umbrella Insurance Cover?
Personal Liability:
Additional coverage for personal liability claims that exceed the limits of your homeowners or auto insurance.
Property Damage:
Extra protection for property damage claims not fully covered by your primary insurance.
Bodily Injury:
Covers medical expenses and legal fees for bodily injury claims beyond your policy limits.
Legal Defense Costs:
Helps cover the cost of legal defense in the event of a lawsuit.
Libel and Slander:
Protection against claims of libel, slander, and defamation.
Worldwide Coverage:
Extends your coverage to incidents that occur outside of the United States.
Personal Liability:
Additional coverage for personal liability claims that exceed the limits of your homeowners or auto insurance.
Property Damage:
Extra protection for property damage claims not fully covered by your primary insurance.
Bodily Injury:
Covers medical expenses and legal fees for bodily injury claims beyond your policy limits.
Legal Defense Costs:
Helps cover the cost of legal defense in the event of a lawsuit.
Libel and Slander:
Protection against claims of libel, slander, and defamation.
Worldwide Coverage:
Extends your coverage to incidents that occur outside of the United States.
The Advantages of Extra Protection
Umbrella insurance offers several key benefits that make it a valuable addition to your insurance portfolio.
Affordability: Provides high coverage limits at a relatively low cost.
Peace of Mind: Ensures you are protected from significant financial losses.
Comprehensive Protection: Covers a wide range of risks and scenarios.
Flexibility: Can be added to various primary insurance policies for enhanced protection.
Frequently Asked Questions About Business Insurance
Do I need umbrella insurance?
If you have significant assets, own property, or are at risk of being sued, umbrella insurance can provide valuable extra protection. It is especially useful for individuals with high net worth or those who engage in activities with higher liability risks.
How much umbrella insurance do I need?
The amount of umbrella insurance you need depends on your personal circumstances, including your assets, income, and risk exposure. Our agents can help you determine the appropriate coverage amount based on your unique needs.
Does umbrella insurance cover business-related liabilities?
Umbrella insurance primarily covers personal liabilities. However, there are commercial umbrella insurance policies specifically designed to provide additional liability coverage for businesses. Contact our agents to learn more about business-related umbrella policies.
Will umbrella insurance cover rental properties?
Yes, umbrella insurance can provide additional liability coverage for rental properties. This includes coverage for potential lawsuits from tenants or visitors. It's important to have underlying liability coverage on your rental property policy for the umbrella insurance to extend over it.
Are there any exclusions in umbrella insurance policies?
Like all insurance policies, umbrella insurance has exclusions. Common exclusions may include intentional acts, certain business-related liabilities, and liability arising from certain high-risk activities. It's important to review the policy details with your insurance agent to understand what is and isn't covered.
