Umbrella Insurance
If you have a home or automobile insurance policy in Michigan, it might seem as though your current coverage is sufficient. That perception can change quickly if you are faced with costly liability claims that cause your existing policies to run out of money. In many cases, umbrella insurance can provide the financial cushion needed to protect your assets and keep you above water during times of financial hardship.
Umbrella Insurance
If you have a home or automobile insurance policy in Michigan, it might seem as though your current coverage is sufficient. That perception can change quickly if you are faced with costly liability claims that cause your existing policies to run out of money. In many cases, umbrella insurance can provide the financial cushion needed to protect your assets and keep you above water during times of financial hardship.
What is Umbrella Insurance?
Umbrella insurance is the extra liability protection that comes to your rescue when your standard coverages run out. While you might think you don’t need it, having umbrella insurance can save you on a rainy day. The primary benefit of umbrella insurance is that it covers any damages and losses beyond what your standard policies will pay. This means if someone sues you and wins—even if you’re found not liable—your umbrella policy would help absorb the cost.
What Does Umbrella Insurance Cover?
Umbrella insurance is additional coverage that is purchased to protect you from financial liability above and beyond your other insurance policies. It’s designed to protect a customer from large lawsuits or settlements, like those that might result from injuring someone in an automobile accident or damaging the property of another person. It is an add-on to other insurance plans like a boat, auto, business, and home insurance coverages.
Typically, umbrella insurance covers the following:
What is Umbrella Insurance?
Umbrella insurance is the extra liability protection that comes to your rescue when your standard coverages run out. While you might think you don’t need it, having umbrella insurance can save you on a rainy day. The primary benefit of umbrella insurance is that it covers any damages and losses beyond what your standard policies will pay. This means if someone sues you and wins—even if you’re found not liable—your umbrella policy would help absorb the cost.
What Does Umbrella Insurance Cover?
Umbrella insurance is additional coverage that is purchased to protect you from financial liability above and beyond your other insurance policies. It’s designed to protect a customer from large lawsuits or settlements, like those that might result from injuring someone in an automobile accident or damaging the property of another person. It is an add-on to other insurance plans like a boat, auto, business, and home insurance coverages.
Typically, umbrella insurance covers the following:
Who Should Consider Umbrella Insurance?
There is a common misconception that umbrella insurance is for the rich and famous. The reality is that anyone can get sued. If you fall into the below situations, you need to consider umbrella insurance ASAP because the chances of being sued are high.
Consider umbrella insurance if you:
Who Should Consider Umbrella Insurance?
There is a common misconception that umbrella insurance is for the rich and famous. The reality is that anyone can get sued. If you fall into the below situations, you need to consider umbrella insurance ASAP because the chances of being sued are high.
Consider umbrella insurance if you:
The Right Plan at The Right Price
While the law doesn’t require you to buy umbrella insurance, it’s paramount to do so. The cost of a lawsuit against you can wipe out your assets. Protect yourself by purchasing umbrella insurance.
Great Lakes State Agency is a trusted umbrella insurance agency located in Lansing, MI. We specialize in customer service and offering quality coverages to Michigan residents at competitive prices. Would you like to boost your auto or home insurance with umbrella insurance? Please contact the Great Lakes State Agency for a quote today.
The Right Plan at The Right Price
While the law doesn’t require you to buy umbrella insurance, it’s paramount to do so. The cost of a lawsuit against you can wipe out your assets. Protect yourself by purchasing umbrella insurance.
Great Lakes State Agency is a trusted umbrella insurance agency located in Lansing, MI. We specialize in customer service and offering quality coverages to Michigan residents at competitive prices. Would you like to boost your auto or home insurance with umbrella insurance? Please contact the Great Lakes State Agency for a quote today.