UMBRELLA INSURANCE
BIG RAPIDS MICHIGAN’S BEST UMBRELLA INSURANCE AGENTS
Your home and auto insurance include liability protection, but a serious accident or lawsuit can quickly exceed the limits of those policies. Personal umbrella insurance provides an additional layer of liability coverage that can help protect your savings, property, and future income when a covered claim is larger than your underlying policy limits. At Bleeker Insurance Agency, we compare umbrella insurance options from multiple carriers to help you find dependable protection at a competitive price.
Umbrella insurance does not replace your home, auto, or other primary insurance. It works with those policies to provide broader financial protection. Anyone whose savings, property, or future earnings could be affected by a lawsuit may benefit from additional protection. Our agents can review your current policies, assets and potential risks to help you decide whether umbrella coverage makes sense for your household.
WHAT IS UMBRELLA INSURANCE & HOW DOES IT WORK?
Umbrella insurance is designed to provide additional liability protection above certain underlying policies, such as your:
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Auto insurance
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Homeowners insurance
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Renters insurance
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Condo insurance
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Boat insurance
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Recreational vehicle insurance
For example, if you are responsible for an accident and the resulting damages exceed your auto insurance liability limit, an umbrella policy may help cover the remaining eligible expenses up to its own limit. Without additional protection, you could be personally responsible for costs that exceed your primary insurance coverage.
Umbrella insurance generally begins providing coverage after the liability limit on an eligible underlying policy has been exhausted.
Imagine you cause a major auto accident resulting in $750,000 in covered injuries and damages. If your auto liability policy covers $500,000, you could be responsible for the remaining $250,000. A qualifying umbrella policy may help cover that remaining amount, subject to its terms, limits, and exclusions.
WHAT DOES UMBRELLA INSURANCE HELP COVER?
Coverage varies by policy, but personal umbrella insurance may help pay for:
Bodily Injury Claims – Provides additional protection if you are held responsible for seriously injuring another person in a covered accident.
Property Damage Claims – May help cover damage you or a covered family member causes to another person’s home, vehicle or other property.
Legal Defense Costs – A serious liability claim can lead to costly legal proceedings. Umbrella insurance may help pay eligible attorney fees and court costs associated with a covered claim.
Landlord Liability – Additional protection may be available if you own a rental property and are held liable for a tenant’s or visitor’s injury.
Certain Personal Liability Claims – Depending on the policy, coverage may extend to certain claims involving libel, slander, false arrest or invasion of privacy.
CONTACT OUR MICHIGAN UMBRELLA INSURANCE COMPANY
A serious accident can happen quickly, and the financial effects may last for years. Personal umbrella insurance can provide additional protection when the limits of your other policies are not enough.
Let Bleeker Insurance compare coverage from multiple carriers and help you find an umbrella policy suited to your household, assets, and budget.
Contact our Big Rapids office today to speak with a local agent or request an umbrella insurance quote.