Umbrella Insurance in Kenner, LA
When it comes to financially safeguarding your assets, standard insurance policies may not always be enough. Umbrella insurance can extend your liability coverage beyond the limits of your existing policies, such as home, auto or boat insurance. It may help cover legal fees, medical expenses or damages if you face significant claims.
Who Should Consider This Coverage?
Umbrella insurance can be especially beneficial for those who face higher-than-average liability risks. This type of policy is recommended for a wide range of individuals, including the following:
- Homeowners and renters seeking extra personal liability coverage
- Parents with teenage drivers
- Business owners who are exposed to potentially costly lawsuits
- Landlords owning rental properties
- Public figures or professionals
- People who host guests frequently
What Does Umbrella Insurance Cover?
For many Louisiana residents, this type of coverage may be a cost-effective way to secure an extra layer of financial protection. An umbrella insurance policy can provide crucial coverage in situations such as auto accidents with serious bodily injuries, damage you cause to someone else’s property, rental property incidents and personal liability claims like libel and slander.
However, some types of claims may be excluded from coverage, including those involving intentional or criminal acts, contractual liability, damage to your own property, and pollution.
How Much Do Policies Cost?
The exact premium you pay will depend on several factors, including the amount of coverage you select, your individual risk profile, and the coverage limits on your policies. Because umbrella insurance is supplemental, it can be less expensive than increasing the liability limits on each of your underlying policies.
Learn More
To get an accurate quote tailored to your needs, contact Fitzwilliam Insurance Services LLC today. We’ll help you find a suitable policy and coverage amount for your situation.