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Tag: umbrella

  • Cover Your Furry Friend With The Right Umbrella Insurance Policy

    Cover Your Furry Friend With The Right Umbrella Insurance Policy

     

    Umbrella Coverage And Dog Bites

    When looking for ways to cut costs in your life, you may look towards your insurance policies. While you do not want to completely drop your coverage, you may think that skipping out on some coverage options can help you save money. However, each day hundreds of lawsuits are filed, which could leave you digging deep into your pockets to pay for an accident.

    One of the most common lawsuits that people overlook are dog bite lawsuits. While you may think that your furry friend is the most lovable dog around, your neighbor may not feel the same. Even the most well-behaved dogs can bite someone if they are scared or threatened. While your homeowners insurance policy may provide a limited amount of coverage, it’s limits can easily be reached if you are sued for the dog bite.

    The best way to ensure that you and your four-legged friends are protected from any peril is to invest in a personal umbrella insurance policy. Umbrella policies provide additional liability coverage that goes beyond the coverage that is provided by your other policies, including your auto and home insurance. Once the limits of your existing policies are reached, the liability that is provided by your umbrella insurance policy will then kick in to ensure that you do not have to cover the costs out of your own pocket.

    If your dog bites someone, you will not only be held responsible for their medical bills, but you can also be sued for pain and suffering and other damages. Since umbrella insurance policies start at $1 million in coverage, you can rest assured that you have the protection that you deserve in case of any unfortunate situation.

    To ensure that you and your entire family are protected with the right umbrella insurance policy, contact Saks Insurance Agency in Mesa, Arizona.

  • Why Everyone Needs an Umbrella Policy

    Why Everyone Needs an Umbrella Policy

    With specific insurance policies for your home, car, boat, and more, it may not seem like it is very important to get an umbrella insurance policy. With most umbrella policies starting with $1,000,000 in coverage, it may seem like the only people who need to take out an umbrella plan are millionaires who have millions of dollars’ worth of property.
    Umbrella insurance provides liability coverage beyond the standard policies. Although $1 million seems a little outrageous, it can save you from financial ruin in the event of a lawsuit. If you are sued, you could be responsible for paying for legal judgment for not only your current assets, but for your future earnings as well. It will also pay for defense costs in the event of a lawsuit, which can accumulate quickly, even if you win the case.
    An umbrella policy provides protection from many incidents that people do not regularly think of, such as a person falling down your stairs and suing you for their injuries, or your balcony collapsing during a party and injuring many guests. Umbrella policies are also a good choice for people who have a trampoline or a pool, since they are not usually covered by a typical homeowners policy. They also cover incidents that occur while in a different country, or driving a rented vehicle, such as a boat or Jet Ski.
    Umbrella policies will also cover you in a lawsuit for slander of defamation of a person’s character. If you are a regular volunteer member of a non-profit board, an umbrella policy can protect you from any decisions that you may have made while serving that were not favorable.
    For more information about umbrella policies in the Mesa, Arizona area contact Hoey & Saks Insurance Agency. They can ensure that you have the best coverage to best fit your needs.