Umbrella insurance is becoming the norm for Americans in Pinecrest, FL and beyond. However, if you are like most people, you aren’t exactly sure what umbrella insurance entails. Hamilton Fox & Company Inc. is here to help.

Why Umbrella Insurance Is Becoming Popular

Umbrella insurance provides invaluable peace of mind. This extensive insurance coverage also provides invaluable financial security.

Umbrella insurance is best described as an overarching liability policy that rests atop primary insurance policies. Examples of those primary insurance policies are renter’s insurance, auto insurance and homeowner insurance.

The logic in getting umbrella insurance is for it to kick in when the costs of a claim surpass the liability limits of the primary policies. The umbrella coverage is then applicable to cover the additional amount all the way to the ceiling of the umbrella policy.

Protecting Assets at a Reasonable Cost

Do some digging into umbrella insurance and you’ll find it safeguards assets including future income against unexpected liabilities. Some of those surprise liability claims have the potential to be quite significant.

The typical umbrella policy has a limit of a million dollars or higher. In other words, this is extensive insurance coverage that is reasonably priced for considerable protection.

Be Safe, Not Sorry

Imagine a situation in which a guest is injured at your house. Imagine a car accident involving several vehicles that causes significant injury. Even slander or defamation claims can lead to financial ruin.

Each of these scenarios has a unifying thread: They are real-world situations in which essential protection is provided through umbrella insurance.

Get Your Quote From Hamilton Fox & Company Inc. 

If you are in the market for insurance in or near Pinecrest, FL, you have surfed your way over to the right corner of the web. Contact us today for your customized insurance quote.