Personal Umbrella Insurance in Bradenton, FL
Personal umbrella insurance may add a layer of coverage beyond your standard policies, helping safeguard your finances against costly accidents or lawsuits. If you’re unsure if you need a policy, or think your existing coverage needs reassessment, Tropical Insurance of Manasota Inc is here to assist you.
How Does Coverage Work?
Personal umbrella insurance provides additional coverage on top of your existing liability coverage, such as that within your auto or property insurance policies. It may be helpful if you’re facing substantial damages or liability claims after an incident for which you’re responsible. It can cover you, your spouse, family members living in the same residence as you, or anybody else named in your policy declaration.
What Does it Cover?
A standard policy typically adds greater limits to your existing insurance policies; it can also provide additional coverage unavailable in those underlying policies. An umbrella policy may include the following coverage:
- Bodily injury liability may help pay for the medical expenses of a third party who sustained injuries while on your property or due to a vehicular accident that you caused.
- Property damage liability may cover associated costs if you’re responsible for destroying someone else’s property.
- Personal injury liability may cover your legal expenses if you’re held liable for libel, slander, defamation or invasion of privacy.
How Much Does It Cost?
The cost of a personal umbrella policy in Florida may depend on the following factors:
- Location
- Number of properties (e.g., homes, vehicles, boats, motorcycles, RVs)
- Property insurance claims history
- Driving history
- Credit history
How To Get A Policy
Get in touch with Tropical Insurance of Manasota Inc to learn more about our coverage offerings or request a personalized quote.