Provide robust liability protection beyond your existing home, auto, or business policies. This coverage safeguards your assets from major claims and legal costs, ensuring extra security and peace of mind. Reach out to us to find out how we can strengthen your coverage today.
Contact Us Inquire NowOur umbrella insurance in New York provides an extra layer of liability protection that goes beyond the limits of your existing home, auto, or other insurance policies. It helps cover significant financial losses from major claims or lawsuits that exceed the limits of your primary insurance. This includes protection against claims for personal injury, property damage, and even legal fees. By offering broader coverage, umbrella insurance ensures that your assets and future earnings are better safeguarded from potentially large and unexpected expenses.
Umbrella insurance provides an extra layer of liability protection beyond the limits of your existing home, auto, or business insurance policies. Here’s a breakdown of how it works:
Once your primary insurance policies (like home or auto) reach their coverage limits, umbrella insurance steps in to cover any remaining costs. This means that if a claim exceeds the limits of your primary policy, your umbrella policy can cover the difference.
Umbrella insurance often covers situations not included in standard policies, such as certain types of personal liability claims, major accidents, or lawsuits. This means you’re protected against a wider range of potential financial liabilities.
In addition to covering claims, umbrella insurance can help pay for legal defense costs associated with lawsuits. This includes attorney fees, court costs, and other legal expenses that might arise.
When a claim is made that exceeds your primary policy limits, you file the claim with your primary insurer first. If the costs surpass those limits, your umbrella insurance kicks in to cover the additional amount, up to the limit of your umbrella policy.
Despite offering extensive coverage, umbrella insurance is often relatively inexpensive compared to the amount of additional protection it provides. This makes it a cost-effective way to safeguard your assets and ensure comprehensive liability coverage.
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CSI Insurance Agency offers umbrella insurance solutions across New York.
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