As the name implies, umbrella insurance protects you from unexpected situations and fills gaps in your other coverage. Though many people forego this extra coverage because they assume their other policies will sufficiently protect them, there are a few unique benefits of umbrella insurance that make it worth it. Below are several features you may not know about.

What You May Not Know About Umbrella Insurance

Provides Rental Vehicle Coverage

If you rent recreational vehicles like jet skis, scooters, bikes, or boats while traveling, umbrella insurance will protect you in case something happens. Depending on the policy, damage and liability protection also extends to ATVs, snowmobiles, and wave-runners.

Offers Worldwide Protection

While traveling, you want to ensure you’re protected from theft and other liabilities. Umbrella insurance provides coverage wherever you go in the world. Most policies will cover the loss of personal possessions such as laptops and jewelry. The same is true for damage caused by rental cars.

Covers Lawsuit Filings

Whether you’re a homeowner or business owner, mishaps occur that can result in physical injuries and property damage. An umbrella insurance policy will pay for the expenses related to specific liability lawsuits. These include attorney fees, court costs, and financial settlements.

Extends to Defamation Attacks

If someone files a claim against you or your business for defamation of character, fighting to clear your name can be costly. Umbrella insurance adds an extra layer of coverage to defend claims of libel and slander. The protection is especially useful for businesses that want to protect their reputation and brand.

Life is full of the unexpected. Having umbrella insurance in place to guard against different scenarios is worth the investment. For more than 40 years, Cundiff & Company Insurance in Somerset, KY, has helped clients with customized coverage. Through its network of top insurance providers, the team of agents works on your behalf to secure affordable and reliable policies. To learn more about umbrella insurance, call (606) 679-8379 for a free insurance quote. Visit the website for information on plan choices, including home insurance and auto insurance.