Category: Umbrella Insurance

If you have a home and a vehicle, you probably already have home and auto insurance to protect them. When you have these policies, it can be helpful to get more insurance coverage for them by getting an umbrella policy. Umbrella insurance is a great way to add more protection for a low price. When you want more protection from your insurance, contact us at Stewart Agency Inc. in Elmira, NY about an umbrella policy. 

Liability Coverage

One of the most important types of insurance coverage that you have is your liability coverage. This is the coverage that pays for someone else’s medical bills and other expenses when there has been an accident. Generally, this is needed when the accident is considered your fault or your responsibility. You’re responsible for what your car does as well as for any accidents that happen on your property. With umbrella insurance, you get more liability coverage for both your home and auto policies. This is like an extra blanket or umbrella to protect you in case of serious accidents. 

Paying Overages

Your home and auto insurance each have a specific amount of coverage for liability. This, however, may not be enough. When someone has an expensive accident, your home or auto insurance may not have enough liability coverage to pay for it all. That’s why you need umbrella insurance. If there is an overage after your home or auto policy pays out all it can, you’ll have your umbrella policy come in and pay the remainder. These policies have very high maximum payouts so that you’re well-protected. 

Get Your Umbrella Insurance Policy

If you need more liability coverage, an umbrella policy is the cost-effective way to get it. To get started, call us at Stewart Agency Inc. in Elmira, NY, and learn more.