What Are The Types Of Umbrella Insurance?

When a major crisis strikes, an umbrella policy can have you covered when your standard insurance isn’t enough. Focus Insurance offers many umbrella insurance options to our friends in and around Eureka, MO. Almost every liability insurance policy you own could be a candidate for an umbrella. Here are just a few examples:

Home Umbrella Insurance

If you host a large event in your home, have frequent visitors, or plan to hire outside help an umbrella policy is an excellent addition to your homeowner’s liability coverage. When someone is injured on your property, you could be liable for their medical expenses. They may even sue. Sometimes the coverage in your standard home policy isn’t enough to cover the cost of injury expenses or your own court defenses. An umbrella policy can cover the difference when your home policy limit runs out. 

Auto Umbrella Insurance

Car accidents can quickly become a costly affair, even if you aren’t at fault. While your average auto insurance will cover most run-of-the-mill accidents, it may not be enough in the event of a major catastrophe involving several vehicles or a lot of property damage. Like home umbrella coverage, auto umbrella policies kick in when your regular coverage runs out, providing a safety net so you won’t end up paying out-of-pocket.

Commercial Umbrella Insurance

Owning a small business is challenging even when things are going smoothly. Your average commercial insurance may cover your operations for day-to-day hazards, but it could fall short when your business faces large suits or situations of libel, slander, or cybercrime. In these cases, an umbrella policy could cover risks that are unique to your business, where a standard policy might not. 

Don’t be left out in the cold when your liability coverage runs out. We encourage Eureka, MO residents to reach out to Focus Insurance today to learn more about umbrella insurance!