Umbrella insurance is an extra liability insurance that provides additional liability coverage beyond the limits of your auto, life and home insurance. With the spontaneous nature of hazards, having umbrella insurance will give you the peace of mind that you need by ensuring that you and your loved ones are well protected. At Wellspring Insurance Network Inc., we strive to offer our client competitive umbrella insurance products. There are several reasons why you need this type of coverage.
To protect yourself if you are involved in a car accident and s31ued
In case you are involved in a car accident, and the other party decides to sue you, umbrella insurance will take care of costs once your auto insurance is maxed out. You will enjoy extra liability coverage up to the policy limits.
To cushion you from extra legal fees if someone is injured on your property and sues
The liability insurance will cover both medical bills as well as the fees charged by your legal defense. Even when the total cost of these two expenses goes beyond the limit of your homeowner’s insurance, you will not have to worry since umbrella insurance will well protect you.
To protect yourself from other types of lawsuits
The nature of today’s world is such that lawsuits for slander and libel can arise from social media platforms and other sites. Umbrella insurance will cover legal costs as well as the costs of settlements that may arise. This will be vital in cases where your home or auto policy does not cover such lawsuits.
If you are looking for a reliable insurance company in Rockville, MD, look no further than Wellspring Insurance Network Inc. Kindly reach out to us today and let us work out a suitable cover plan for you.