At first glance, umbrella insurance may sound complicated. In fact, the idea behind umbrella insurance is actually quite simple. First of all, umbrella insurance is a supplement to the basic liability policies that you may have for renters insurance, homeowners insurance, or auto insurance.

Umbrella policies are supplements to these types of insurance because they go above and beyond the coverage limits of them. The core purpose behind umbrella insurance is to protect you from events that are completely unforeseen. Most of all, umbrella insurance offers great liability coverage in the event that another party sues you for damages because of a personal injury or property damage situation.

When Would Umbrella Insurance Come Into Play?

Most often, you’ll see umbrella insurance come into play when someone sues you for damages. For example, let’s say that someone delivering a package to your home slips on ice outside your house and is seriously injured. They may see you for liability because of their slip and fall accident.

If you are found liable and are required to pay these damages, your liability coverage will kick in and can cover you. On the other hand, if you plan on bringing your case to court and you need a legal defense to defend yourself against a liability lawsuit, umbrella insurance can also cover these legal costs as well.

Contact Thompson Insurance Services for Help With Umbrella Insurance

At Thompson Insurance Services, we can help you find the umbrella insurance plan you’ve been looking for. To start looking at the umbrella insurance plan options available, please give us a call at your earliest convenience. We also invite you to stop by one of our local offices to sit down with an agent and discuss your options in person. Hope to see you soon!