Who should buy umbrella insurance in Jacksonville, FL?

Ever wondered why most of your standard home or auto policies have liability coverage? Our litigious society makes us vulnerable to lawsuits that are often too expensive to pay. Insurance companies in Jacksonville, FL are keen to ensure that policyholders have enough liability coverage to help pay for legal fees if they’re sued.  That’s why 925 Partners recommend having umbrella insurance. So, who should buy umbrella insurance? Is it necessary? Read on to find out!

Car or boat owners

If you cause a car or boat accident, expenses can quickly skyrocket, especially if there are multiple people injured or multiple vehicles involved. Without enough liability to cover property damage and injuries, you may end up getting sued. With umbrella insurance, you don’t have to worry if your car or boat insurance is not enough, as the policy will pay the rest.

Parents

Being a parent in Jacksonville, FL, especially to young children, means dealing with cases of property damage and injuries. If your child hits another child or damages a neighbor’s property, you will be held accountable for the injuries or damages. It’s worse if you’re sued.

Business people

As a business person, you’re more likely to get sued by your customers or employees for various reasons, including injuries at the workplace. Commercial umbrella insurance can help pay for your defense fees if your liability coverage is not enough.

Dog owners

If your dog bites other people, you can be sued for the injuries. Fortunately, umbrella insurance can pay for the legal fees if your home insurance liability coverage is not enough to pay for everything.

There are so many reasons you may want to add an extra layer of liability protection to what you already have. If you need any help, feel free to contact 925 Partners, and our team will be happy to help.