Umbrella insurance coverage in Longwood, FL offers solidified additional liability protection. As a Longwood FL resident, have you ever thought about what could happen if a high magnitude calamity struck in Longwood, FL and you have depleted the prevailing policy limits of other underlying coverages like home and auto? Regrettably, many residents bear the notion that umbrella insurance is only for the rich. Contact us at Express Insurance situated in Longwood, FL today. Our dedicated team will help you forge strong coverage to guard your hard-earned assets in today’s litigious society.
Is umbrella insurance mandatory in Florida?
Umbrella insurance is not mandatory in Florida, but it’s prudent to acquire one, particularly if you own assets to protect them from a lawsuit. Umbrella insurance is a supplemental coverage designed to protect you beyond existing limits and coverages of other primary policies. You may be owning a home, boat, or auto insurance, but they can only safeguard you up to a certain limit. In the case of substantial claims, these coverages can get depleted, compromising your assets.
Types of umbrella insurance coverages
Bodily injury liability coverage: It safeguards you from bodily injuries you propagate to other parties when you are found guilty. These impending expenses consist of medical bills or liability claims that can culminate from:
- A severe auto accident where you are legally responsible
- When a guest in your dwelling accidentally slips or falls
Property damage liability coverage: It reimburses the cost of damage you propagate to another person’s tangible property. It entails the cost of damage to vehicles and other property due to an auto accident where you are legally responsible.
Owners of rental unit coverage: It shields you from impending liability you may encounter as a landlord, such as your tenant’s pet biting someone, and you are deemed responsible for the injuries
Are you looking for outstanding umbrella insurance coverage in Longwood, FL to enhance your liability coverages when your other policies run out? Call or visit us at Express Insurance, and our agents are looking forward to helping you with your insurance needs.