Umbrella Insurance: What It Is & What It Covers

Most people in Virginia Beach, VA, have standard insurance policies that only cover liabilities within a specific range. This can be a risky situation if the level of liability in a given lawsuit exceeds your current premium. So, what do you do in such cases? Most people opt for umbrella insurance to deal with this gap in liability coverage. Here’s more on umbrella insurance. 

What’s Umbrella Insurance?

An umbrella insurance policy refers to extra liability insurance coverage that offers an additional range beyond what most options provide. The plan is more useful to individuals and businesses who are the greatest at risk of being sued for damages caused to others in case of an accident. The best thing about umbrella insurance is that it also provides coverage against additional concerns such as libel, vandalism, slander, or privacy breach. 

Benefits of Umbrella Insurance 

 When you think about umbrella insurance benefits, you can’t overlook the fact this coverage option is way broader than most other options. The plan covers threats, dangers, and unforeseen circumstances, which most standard insurance options may not cover. 

Compared to other insurance plans, umbrella insurance has unique flexibility for the insured. You don’t have to be stuck with coverages that may be cast in stone in case of a situation that’s not within your current plan. 

Contrary to what most people assume, you can get umbrella insurance at way cheaper rates. This is true, especially for Virginia Beach, VA residents, who opt to get their umbrella insurance from Insurance Shopper VA. Your umbrella insurance coverage doesn’t have to cost you an arm and a leg. 

Get Expanded Coverage Today 

Most insurance coverage options can be limiting. Unless you get a flexible, inclusive, and broad plan, you might end up stranded in case of situations beyond your coverage. Our umbrella insurance coverage at Insurance Shopper VA offers all Virginia Beach, VA residents an expanded and reliable umbrella insurance plan. 

Call us today for unique insurance products and services.