Umbrella Insurance in Alabama
Umbrella insurance is an extra layer of protection for your assets. It provides coverage over and above the limits of the base policies: Home, Auto, Boat, etc. In the event the limits of your base policies get exhausted, the Umbrella kicks in to provide coverage. For residents of Tuscaloosa, AL and beyond, Baldo-Downs Insurance LLC discusses areas that umbrella insurance covers and how it can benefit residents within Alabama.
Property Damage Liability
Property damage liability ensures that you have protection if you damage another person’s property. If, for instance, you are found liable for causing damage to property such as vehicles or buildings during an accident, and your auto policy exceeds its limit, property damage liability will help you pay for the outstanding expenses.
Bodily Injury Liability
Bodily injury liability covers you when you cause injuries to another person. Various events could give rise to this, such as when you cause an auto or boat accident, your guests get injured in your home after a fall, or your pet harms your visitors. If you encounter any of these and your primary coverage gets exhausted, your umbrella policy will help cover the difference.
Rental Unit Claims
Umbrella insurance can provide protection for any liability claims you face as a landlord, such as wrongful eviction.
General Claims
Other claims that umbrella insurance can help you cover include slander, libel, and malicious prosecution. False arrest, detention, and mental anguish also fall under this list, with these claims often not covered by primary policies such as auto, home, and boat insurance.
If you reside within Tuscaloosa, AL, and beyond and aren't sure whether you have the proper protection, consider giving Baldo-Downs Insurance LLC a call today. Our Alabama agents will customize your policy to suit your specific needs.