Being alive means opening yourself up to risk, including financial risk. One way to minimize that risk is by securing the right insurance. There are many types of coverage available to help with this. Many homeowners turn to Kinowski Agency Inc., serving Amsterdam, NY, because our insurance agents can answer their questions and guide them through the process of finding the right policy. Below are some of the most commonly asked questions about umbrella insurance.

What Is Umbrella Insurance? How Does It Work?

Umbrella insurance provides additional liability coverage by extending the protection from your home or auto insurance policy. It’s only activated once the liability coverage from your existing home or auto policy has been exhausted. If you’re sued, umbrella insurance can help cover legal fees and other expenses related to the lawsuit.

Why Should I Get Umbrella Insurance When Home Insurance Covers Liability?

Not everyone chooses to get umbrella insurance. For some people, knowing that home and auto insurance cover liability is enough. However, people at a higher risk of lawsuits often choose to extend their protection with umbrella insurance.

How Can I Tell If I Need Umbrella Insurance?

You may want umbrella insurance if you have more assets than your home or auto insurance liability coverage would protect. You may also want to consider it if you’re at higher risk of a lawsuit due to a pool or trampoline on your property.

If you think you may be a good candidate for umbrella insurance, you can get coverage by contacting Kinowski Agency Inc., serving Amsterdam, NY. Our insurance agents are here to answer your questions. Call today to learn more about umbrella coverage and how it can help you.

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