Umbrella Insurance in Georgia

No one’s perfect. That’s why we purchase liability insurance for our vehicles, businesses, and other areas. However, your liability coverage is not always adequate to pay for damages, injuries, or lawsuits, so you need to purchase umbrella insurance. At Toney Insurance Services, we recommend speaking to an insurance expert in Snellville, GA to help you determine the amount of umbrella insurance to buy based on your needs.

What is Umbrella Insurance?

Also known as personal or excess liability insurance, umbrella insurance helps prevent financial loss in case you accidentally cause damage or injuries to other people. The policy can pay for legal fees if you’re sued.

How Does Umbrella Insurance Work?

Umbrella insurance is not self-sufficient. That means you must have home, auto, or boat insurance to access umbrella insurance. You will be required to deplete your primary limit before using umbrella insurance. For instance, if you cause an accident in Georgia that goes beyond your liability limit in your auto insurance, your umbrella policy can come in and pay the balance.

What Does it Cover?

Umbrella insurance is a comprehensive policy that protects you and other family members against lawsuits resulting from injuries and damage to people’s property. The policy also covers acts like defamation, false imprisonment and arrest, slander, and libel. You can speak to your insurance expert in Snellville, GA to know what coverage best applies to you to avoid paying for those you don’t need. Umbrella insurance also covers legal costs that go beyond your liability limit.

What Doesn’t Umbrella Insurance Cover?

Umbrella insurance doesn’t cover damage made to your property or injuries. These are well-covered in your home insurance. If you need to add liability to your business, you can purchase commercial umbrella insurance instead of a personal one. Umbrella insurance also doesn’t cover liability resulting from a breach of contract. It also doesn’t cover deliberate, malicious, or criminal acts.

Need to buy umbrella insurance in Georgia? Let Toney Insurance Services help you find the right policy for your needs. Contact us or visit our office to learn more.