If you have a large home in West Hartford, CT, along with significant assets, purchasing a personal umbrella policy can help protect your wealth in various worst-case scenarios. While home insurance policies include liability insurance, they may not provide sufficient coverage if someone decides to file a large lawsuit when injured on your property. ALLConnecticut Insurance can help determine whether a personal umbrella policy is in your best interests.<\/p>\n
Although virtually everyone can benefit from an umbrella insurance policy, some individuals may require more insurance protection. You can particularly benefit from a personal umbrella policy if you face a higher risk of being sued. If you are a landlord, have recreational features like swimming pools or trampolines, or own certain dog breeds, you face a greater risk. Some people even consider teenagers a reason to sue if they are involved in accidents.<\/p>\n
Another notable reason to consider a personal umbrella policy is if you are a public figure or have an expensive luxury home. Many people see such facts as reasons to file a lawsuit, as they believe you can afford it. Yet most people don’t have several million dollars available to pay for damages. Without an umbrella policy, you would have to pay for damages out of pocket, and that could mean losing your home, whether or not you were at fault.<\/p>\n
When someone files a claim for an injury on your property, your homeowner’s insurance will pay the initial part of the claim, up to the policy limits. Umbrella policies will cover claims exceeding the primary policy’s limit, as well as court costs and expenses.<\/p>\n
Discover more about how an umbrella policy can benefit you by contacting ALLConnecticut Insurance, serving West Hartford, CT residents and businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"
If you have a large home in West Hartford, CT, along with significant assets, purchasing a personal umbrella policy can help protect your wealth in various worst-case scenarios. While home insurance policies include liability insurance, they may not provide sufficient coverage if someone decides to file a large lawsuit when injured on your property. ALLConnecticut […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[358,365,360],"class_list":["post-767","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-allconnecticut-insurance","tag-umbrella-insurance","tag-west-hartford-ct"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t