Who Needs Umbrella Insurance

Even though you may already have an insurance policy and think that you’re quite protected, you may not be. Getting umbrella insurance is just an extra level of protection for you and your family. Armor Insurance Group in Virginia Beach, VA can help you discover what coverage you need.

What Is Umbrella Insurance?

Once you have insurance, you can get umbrella coverage. It protects you beyond the limits of your primary policy. Umbrella liability insurance helps to protect you against unexpected events. If you’re held responsible for an incident that causes someone else damages or injuries, umbrella insurance could cover the expense after you’ve exhausted your primary insurance limits. It’s possible for you to be covered for specific perils or a broader range of perils. There are three types of liability coverage.

  • Bodily injury – covers the cost of injuries if you’re at fault as a result of certain instances such as if a person is injured due to a car accident, pet attack, or a fall at your home

  • Property Damage – involves damage to property and accidental damage to other property. For example, your child throws rocks and damages a car’s windows.

  • Personal Liability – covers events such as slander, libel, and false arrest.

Who Needs Umbrella Policies?

Typically, anyone who has insurance can purchase umbrella coverage. Those who need it most are people who:

  • Own swimming pools or trampolines where visitors can be injured.

  • Have certain dog breeds that are inherently vicious.

  • Coach youth sports where someone may sue you if a child is injured during an event.

  • Are athletic and like to participate in dangerous sports such as hunting, skiing, skydiving, or surfing.

  • Own a business

  • Have significant assets 

When you’re in Virginia Beach, VA, stop by Armor Insurance Group and ask about umbrella insurance.