Do I need Umbrella Insurance?

An umbrella insurance policy covers excess personal liability. The purpose of this policy is to provide protection above and beyond the limits covered by your condo insurance, homeowner’s insurance, watercraft insurance, or any other personal insurance policy that you may have. Umbrella insurance from McCormick Insurance Inc. provides you with added liability protection for claims that may arise, and even lawsuits. You can consider it as an inexpensive way to protect your established assets as well as your financial future.

Why You Need Umbrella Insurance Policy?

Umbrella insurance policy requires you to have a primary policy – it is a secondary policy. The primary or underlying liability policy needs to first pay out on any claims that have been made before the umbrella policy can become effective.

This policy can provide you with protection from:

• Associated legal defense costs in the event that you get sued for injuries or damages to other people or their property.
• Litigation that may arise from injury or property damage.

Who Can Benefit from This Insurance Policy?

McCormick Insurance Inc. is serving Pembroke Pines, FL, and recommends that any person who has established some assets that they wish to protect in case they get sued should get this type of policy. When you get sued, there is always the possibility that you will lose valuable assets that you have built over the years. This may include any savings that you may have, which means that any person with an asset is at risk. If you own a business establishment in Pembroke Pines, FL, it’s highly recommended that you get an umbrella insurance.

In a litigious society, all items are always up for grabs, including your assets and savings. For more information on how you can use an umbrella policy to protect your future, call or visit our offices, and one of our agents will help you with any concerns.