Umbrella Insurance; Why You Need It

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.

How Health Insurance Can Save You in the Long Run

Residents of Rockville, MD may feel as though health insurance is out of their price range at the moment. However, having health insurance can save you money in the long run. This is especially the case if you choose Wellspring Insurance Network Inc.

1. Cheaper to Treat Early

If you delay seeing the doctor just because you feel fine, serious problems may go undetected. When symptoms develop and you do decide to seek out medical assistance, you could find yourself needing extensive treatment. However, if you have health insurance and undergo diagnostic testing, the doctor may discover the problem early, and the treatment won’t be as expensive. Not to mention, the prognosis may be better.

2. Accidents and Serious Illness Are Expensive

If you should have an accident, the cost of imaging and treatment gets costly quickly. To treat a serious illness, the medicine alone could cost you hundreds. Not to mention, you have to pay for the diagnostic testing along with any therapy you’ll need. The price of having to see a specialist for any type of illness is much more expensive than a primary care physician. All of these expenses add up over time, especially if you don’t have insurance.

3. Hospital Stays and Emergency Care

Just to ride in an ambulance can cost you several hundred. Once you get to the hospital, the treatment gets even more costly. You never quite know when an emergency like this could happen, and you never know if it could happen several times. If you have insurance, you pay one simple fee each month, and all these expenses are covered.

4. Diagnostics Are Expensive

Just to have an ultrasound costs the same as a few month’s worth of premiums for some individuals.

Get a quote or purchase health insurance through Wellspring Insurance Network Inc., serving Rockville, MD and the surrounding area, by calling 240-848-0355.