Share:

Anyone who has ever been on the receiving end of a lawsuit knows that the process is lengthy and stressful. It’s not pleasant to think about, so it makes sense to protect yourself with an umbrella insurance policy to cover you. Unexpected accidents and lawsuits are why umbrella insurance was created, and the Chanler Agency of Geneseo, NY has all the information you need to choose the right one for your needs.

The following are three ways that an umbrella insurance policy will work for you:

  • Provides Security: An insurance claim that exceeds your policy's limits can be disastrous, as you are responsible for any remaining balance that isn’t covered. The victim can sue you personally for court costs and the amount owed. An umbrella insurance policy is additional liability protection that pays for whatever the primary insurance provider denies. Such coverage allows you to sleep with ease at night.
  • umbrella-insurance-policyProtects With An Excess Liability Policy: Umbrella indemnity covers you in the unfortunate instance of a lawsuit. The assurance pays for court cases surrounding extensive property damage, severe bodily injury, libel, malicious prosecution and landlord liability brought about by a tenant's legal action against them. An umbrella insurance policy pays for your legal fees as well as the portion of the settlement that is not covered by traditional indemnity. 
  • Saves You Money:  While it is true that umbrella indemnity is an extra business expense, it’s better to pay in small increments now than to risk losing everything in the future because you weren't prepared. 

Extra liability coverage can save you millions in the long run, so call the Chanler Agency in Geneseo at (585) 243-5520 to find out more about getting the policy you need. You can also visit their website for more information on all of their business insurance products and services. 

tracking